Advanced Accounting

Overview

Overview

This major will help you to prepare for a career in auditing and financial risk assessment, by ensuring you’re familiar with contemporary finance issues.

You will learn about financial accounting, legal and ethical regulatory frameworks in Australia and around the world, as well as a theory and practice of preparing financial statements, cash flow statements and audit reports.

This major is part of the Master of Professional Accounting. You can apply for this major in the second year of your studies. 

What you'll learn

• Critically analyse and synthesise advanced accounting principles and regulations to resolve complex financial reporting issues, develop appropriate policies, and inform strategic business decisions, consistent with ethical conduct and professional standards, GC1, GC6
• Design, implement, and evaluate advanced performance measurement and cost management systems, integrating data analytics and technology, to optimise organisational performance and enhance stakeholder value, GC2, GC6
• Apply advanced budgeting, forecasting, and risk analysis techniques, utilising multi-source information and analytical tools, to support strategic planning and effective communication in a global business environment, GC3, GC4
• Demonstrate ethical leadership, professional judgment, and cultural sensitivity in analysing and advising on complex commercial activities, considering global implications, corporate social responsibility, and sustainability, GC4, GC5
• Evaluate internal control systems, conduct forensic accounting investigations, and apply relevant regulations to detect, prevent, and mitigate financial and operational risks and misconduct, adhering to professional standards in a global context, GC1, GC6
• Independently research and communicate complex accounting issues, demonstrating a commitment to self-directed learning, continuous professional development, and adaptation to evolving business practices and technologies, GC1, GC3