Accounting, Testamur Major

  • Western Sydney University Major Code: T046

Previous Code: MT2030.1

Available to students in other Western Sydney University programs?  No

 The Accounting major equips you with the expert skills to create a career as an accounting specialist. You will be prepared to succeed in a range of roles in accounting practices, and also in both public and private enterprises. In this major you will develop in-depth knowledge of accounting, supported by knowledge of law, economics, and finance. Accounting major subjects focus on the fundamentals of financial and management accounting, as well as accounting information and corporate systems. If you are seeking professional accreditation, you will also undertake specialised subjects in taxation and audit and assurance. The core subjects in the Bachelor of Business will provide you a foundation of business knowledge and develop your skills in innovation, career planning, and numeracy. The Accounting major builds on this knowledge and skills in an applied discipline based context. Accountants are in high global demand by enterprises in corporate, public, and not-for-profit sectors. The Bachelor of Business (Accounting) (including online) is accredited with and satisfies the pre-admission educational requirements for membership of CPA Australia (CPA), Chartered Accountants Australia and New Zealand (CAANZ) and the Institute of Public Accountants (IPA). Completion of this degree will allow students to claim a number of exemptions from the Chartered Institute of Management Accountants (CIMA) in obtaining the CIMA Professional Qualification.

Location

Campus Mode Advice
Bankstown Campus Internal Program Advice
Campbelltown Campus Internal Program Advice
Parramatta City Campus-Macquarie Street Internal Program Advice
Sydney City Campus Internal Neelam Goela
WSU Online Online Program Advice

Major Structure

Students must successfully complete 80 credit points including all of the core subjects listed below.

Subject Title Credit Points
ACCT 1005Accounting in Context10
ACCT 3001Accounting Information Systems10
ACCT 3003Accounting Standards and Governance10
ACCT 3006Auditing and Assurance Services10
ACCT 3007Corporate Accounting Systems10
ACCT 1007Financial Accounting Applications10
FINC 1001Management Accounting Fundamentals10
ACCT 2005Techniques in Financial Accounting10
Total Credit Points80

Accreditation Subjects

Students seeking accreditation with the Australian professional accounting bodies must complete the following four subjects as part of their elective pool:

Subject Title Credit Points
ACCT 2001Contemporary Management Accounting10
ECON 2002Corporate Financial Management10
LAWS 2010Law of Business Organisations10
LAWS 3070Taxation Law10

Note: Students must also complete the Bachelor of Business core subjects, the Accounting Major as well as a numeracy subject (either MATH 1030 Statistics for Business or ECON 1006 Introduction to Economic Methods) and the Enterprise Engaged subject ACCT 3011 The Accountant as a Consultant to be eligible to apply for professional recognition.

Professional Subjects for Careers in Money

Students planning to progress to the major in Accounting are advised to take the following four subjects to satisfy the requirements for their professional core:

Subject Title Credit Points
BUSM 3028Innovation, Enterprise and Society10
ACCT 3011The Accountant as a Consultant10
BUSM 2041Working in Professions10
Select one of the following:10
Introduction to Economic Methods
Statistics for Business

Recommended Sequence

Qualification for the award of Bachelor of Business with a major in Accounting requires the successful completion of 240 credit points as per the recommended sequence below.

Full-time

Plan of Study Grid
Year 1
Autumn sessionCredit Points
BUSM 1010 Financing Enterprises 10
LAWS 1001 Enterprise Law 10
ACCT 1005 Accounting in Context 10
Select one of the following: 10
Introduction to Economic Methods  
Statistics for Business  
 Credit Points40
Spring session
BUSM 1008 Enterprise Leadership 10
ACCT 1007 Financial Accounting Applications 10
BUSM 1006 Enterprise Innovation and Markets 10
Select one elective 10
This may include the Accreditation elective subject ECON 2002 Corporate Financial Management  
 Credit Points40
Year 2
Autumn session
FINC 1001 Management Accounting Fundamentals 10
ACCT 2005 Techniques in Financial Accounting 10
BUSM 2041 Working in Professions 10
Select one elective 10
 Credit Points40
Spring session
ACCT 3003 Accounting Standards and Governance 10
BUSM 3028 Innovation, Enterprise and Society 10
ACCT 3001 Accounting Information Systems 10
Select one elective 10
This may include the Accreditation elective subject LAWS 2010 Law of Business Organisations  
 Credit Points40
Year 3
Autumn session
ACCT 3007 Corporate Accounting Systems 10
Select three electives 30
These may include the Accreditation elective subjects ACCT 2001 Contemporary Management Accounting or LAWS 3070 Taxation Law  
 Credit Points40
Spring session
ACCT 3006 Auditing and Assurance Services 10
ACCT 3011 The Accountant as a Consultant (Enterprise Engaged Subject) 10
Select two electives 20
 Credit Points40
 Total Credit Points240

Part-time 

Plan of Study Grid
Year 1
Autumn sessionCredit Points
BUSM 1010 Financing Enterprises 10
LAWS 1001 Enterprise Law 10
 Credit Points20
Spring session
ACCT 1005 Accounting in Context 10
Select one of the following: 10
Introduction to Economic Methods  
Statistics for Business  
 Credit Points20
Year 2
Autumn session
BUSM 1008 Enterprise Leadership 10
BUSM 1006 Enterprise Innovation and Markets 10
 Credit Points20
Spring session
ACCT 1007 Financial Accounting Applications 10
BUSM 2041 Working in Professions 10
 Credit Points20
Year 3
Autumn session
FINC 1001 Management Accounting Fundamentals 10
ACCT 2005 Techniques in Financial Accounting 10
 Credit Points20
Spring session
Select two electives 20
These may include the two Accreditation elective subjects ECON 2002 or LAWS 2010  
 Credit Points20
Year 4
Autumn session
ACCT 3003 Accounting Standards and Governance 10
BUSM 3028 Innovation, Enterprise and Society 10
 Credit Points20
Spring session
ACCT 3001 Accounting Information Systems 10
Select one elective 10
This may include the Accreditation elective subject ACCT 2001  
 Credit Points20
Year 5
Autumn session
ACCT 3007 Corporate Accounting Systems 10
Select one elective 10
This may include the Accreditation elective subject LAWS 3070  
 Credit Points20
Spring session
Select two electives 20
 Credit Points20
Year 6
Autumn session
ACCT 3006 Auditing and Assurance Services 10
Select one elective 10
 Credit Points20
Spring session
ACCT 3011 The Accountant as a Consultant (Enterprise Engaged Subject) 10
Select one elective 10
 Credit Points20
 Total Credit Points240