B6011Master of Professional Accounting

Course map for students commencing Semester 1, 2017

Course structure and requirements

This course comprises 96 points structured in three parts. Part A: Advanced preparatory studies (24 points); Part B: Mastery knowledge (60 points); Part C: Application studies (12 points).

Key to teaching periods: 1 = Semester 1; 2 = Semester 2; D = Day class; E = Evening class; FY = Full year; SA = Summer Semester A;

SB = Summer Semester B; W = Winter Semester

Part A: Advanced preparatory studies (24 points)
Students must complete the following four units / Prerequisites / Teaching periods
ACF5950 / Introductory accounting / 1D/E; 2D/E
BTF5903 / Law and business decisions / 1D/E; 2D/E
ECF5953 / Economics / 1E; 2D
ETF5900 / Business statistics / 1D; 2D
Part B: Mastery knowledge (60 points)
Students must complete both (a) and (b)
a)The following nine units (54 points)
ACF5100 / Strategic management accounting / ACF5955 / 1D/E; 2D
ACF5904 / Accounting information systems / ACF5950 / 1D; 2D/E
ACF5953 / Financial accounting / ACF5950 / 1D/E; 2D/E
ACF5955 / Management accounting / ACF5950 / 1D/E; 2D/E
ACF5956 / Advanced financial accounting / ACF5953 / 1D/E; 2D/E
ACF5957 / Auditing and assurance / ACF5953 / 1D/E; 2D
BFF5954 / Business finance / ETF5900 / 1D/E; 2D/E
BTF5501 / Corporations law / BTF5903 / 1E; 2E
BTF5965 / Taxation law / 1D/E; 2E
b)One of the following capstone units (6 points)
ACF5510 / Integrated accounting / Co-req: ACF5956 and ACF5957
Prereq: ACF5904 and ACF5955 / 1D/E; 2D/E
ACX5951 / International study program in accounting / Permission / SA
BEX5001 / Industry and community project / 1D; 2D; SA; SB; W
BEX5012* / Industry based learning project (12 points) / 1D; 2D; SA; SB; FY

* BEX5012 is a 12 credit point unit. Students who undertake this unit as their capstone experience will only need to complete one unit (6 points) for Part C.

Part C: Application studies (12 points)
Students must complete two units (12 points) of electives at either Level 4 or 5 offered by the Monash Business School or across the University provided they have the prerequisites and there are no restrictions on admission to the units.
Students are recommended to complete electives from the list below:
ACF5080 / Business accounting: strategic issues / ACF5955 / 1D; 2D/E
ACF5120 / Forensic accounting and fraud examination / ACF5953 / 1D; 2D/E
ACF5130 / Financial statement analysis and business valuation / ACF5953 / 1D; 2D/E
ACF5150 / Financial reporting issues / ACF5953 / 1D/E; 2D
ACF5330 / Integrated systems for business enterprises / ACF5904 / 1D; 2D/E
ACX5951 / International study program in accounting / Permission / SA

B6011 Master of Professional Accounting

Recommended course progression commencing Semester 1,2017

The placement of units may be rearranged to provide flexibility in choice of elective units but care should be taken to ensure units are maintained in sequence. For example, if you are granted an exemption from any preparatory studies unit, then the placement must be rearranged.

Year 1
Semester 1 / Part A: Advanced preparatory studies
ACF5950
Introductory accounting / Part A: Advanced preparatory studies
ECF5953
Economics / Part A: Advanced preparatory studies
BTF5903
Law and business decisions / Part A: Advanced preparatory studies
ETF5900
Business statistics
Semester 2 / Part B(a): Mastery knowledge
ACF5953
Financial accounting / Part B(a): Mastery knowledge
ACF5955
Management accounting / Part B(a): Mastery knowledge
ACF5904
Accounting information systems / Part B(a): Mastery knowledge
BFF5954
Business finance
Year 2
Semester 1 / Part B(a): Mastery knowledge
ACF5956
Advanced financial accounting / Part B(a): Mastery knowledge
ACF5957
Auditing and assurance / Part B(a): Mastery knowledge
BTF5501
Corporations law / Part B(a): Mastery knowledge
BTF5965
Taxation law
Semester 2 / Part B(a): Mastery knowledge
ACF5100
Strategic management accounting / Part B(b): Mastery knowledge
Capstone Unit / Part C: Application studies
Unit 1 / Part C: Application studies
Unit 2
Alternative exits

You may exit this course early and apply to graduate with one of the following awards, provided that you have satisfied the requirements for that award during your enrolment in the master’s course:

  • Graduate Certificate in Business (B4001) after successful completion of 24 credit points of study.
  • Graduate Diploma in Business (B5001) after successful completion of 48 credit points of study.
Responsibility for unit choice

Students are advised that, while the course advisors will endeavour to give every possible assistance and advice concerning unit choice, the onus is on students to ensure that units selected meet degree regulations and requirements. Students should refer to the University Handbook for information on course and unit details.

Every effort has been made to ensure that the information provided is correct at the time of publication.

Monash University reserves the right to alter this information should the need arise –10 November 2016 (JF/MS)

Page 1 of 3