Master of Professional Accounting (Specialisation) (C7D)

Overview

Duration
Minimum 2 Years, up to a maximum of 5 Years
Entry requirements
ATAR Clearly-In Rank: See entry requirements
Course rules
Current students
View 2016 information
Hobart
Semester 1, Semester 2
Duration
Minimum 2 Years, up to a maximum of 5 Years
Entry requirements
ATAR Clearly-In Rank: See entry requirements
Course code
Course rules
CRICOS: 048894E
Current students
View 2016 information
Hobart
Semester 1, Semester 2
The Master of Professional Accounting (Specialisation) (MPAS) is designed to train those who do not have an accounting background or who need to up-skill to meet the professional accounting requirements. 

This is a 2 year full-time or 4 year part-time course of study offered by the Tasmanian School of Business and Economics.  It has 16 units of study: 12 core units and 4 units which make up a specialisation.  

 Students who successfully complete the first eight units of the course are eligible to apply for associate membership of CPA Australia. Prior to commencing the five CPA Program™ units you will be required to apply for associate membership of CPA Australia and enrol in the CPA Program™ (you do not require associate membership to sit the CPA Ethics and Governance unit). Students who enrol in the five CPA Program™ units, must be enrolled in the CPA Program administered by CPA Australia and sit the CPA Australia exams. 

In completing the CPA Program™ units in the Master of Professional Accounting (CPA Extension) with the University of Tasmania, students do not receive the CPA Australia qualification until they have met all the requirements of the CPA Program as set by CPA Australia (which includes practical experience). For information about the CPA Program, visit www.cpaaustralia.com.au.

The course is full fee-paying, which means that you will be charged at the full fee-paying rate listed for each unit.

Please note that if you are awarded advanced standing (credit) for any units in this degree, you should be aware that the accounting accrediting bodies will assess this advanced standing separately and that this advanced standing may not be approved. You should seek advice from the accrediting bodies on any units you wish to seek advanced standing for, as it may affect your membership eligibility if not approved.

For more information contact enquiries@business.utas.edu.au

The MPAS is primarily designed for graduates with an undergraduate degree, from disciplines other than accounting, to develop skills to meet the entry requirements necessary for Associate Membership of the professional accounting bodies whilst also acquiring specialist skills in an area of their choice. You develop skills to question and find solutions by applying your technical knowledge and ability to research authentic situations in the accounting context plus a specialist area. You also learn to interact within diverse groups and communicate your findings to both accountants and non-accountants through the most appropriate method.

The Course Learning Outcomes are:

  • Research, critique and integrate advanced technical, specialist and theoretical knowledge with recent developments in commerce;
  • Clear and concise oral and written communication skills to justify business advice and ideas in diverse collaborative contexts involving both accountants and non-accountants;
  • Anticipate and solve complex problems and through this process demonstrate information literacy, judgement and the ability to apply theoretical and technical knowledge;
  • Apply interpersonal and collaborative skills when making decisions, and working with people from diverse backgrounds;
  • Seek and reflect on feedback to improve personal, professional and ethical conduct and initiate learning opportunities for self and others;
  • Reflect on issues of social responsibility and sustainability in the business context.

Career outcomes

This course offers participants from different academic and experiential backgrounds the opportunity to specialise in accounting for professional recognition purposes. Accounting is often cited as the language of business. People with accounting skills are in high demand in the business and corporate world embracing areas such as finance, marketing, entrepreneurship, banking and information systems, and such skills are increasingly important to groups performing an overview function such as directors.

Professional Recognition

To become members of CPA Australia, the Institute of Chartered Accountants in Australia (ICAA) and the Institute of Public Accountants (IPA), students without an undergraduate or masters degree must complete a professionally accredited 16 unit masters level course. This course is accredited with the professional accounting bodies in Australia. Graduates of the MPAS will satisfy the educational requirements for associate membership of CPA Australia, the entry requirements at the ICAA and membership of the IPA.

Course structure

To qualify for the MPAS, the candidate must complete 16 units: the 12 core units, plus a 4 unit specialisation from the list below. The specialisations are as follows:

Business Management

CPA Extension

Marketing

These course rules and specifications apply to students who commenced the course in the current year. For students who commenced prior to this year, the applicable course rules are those from the year of commencement.

Schedule A

This unit develops your statistical knowledge through application to accounting information systems. Interpretation and application of the various statistical techniques is emphasised, and limitations and assumptions explored. Accounting information systems are interrogated through their transaction and systems development life cycles…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

This unit provides you with knowledge of ethics, corporate governance frameworks and mechanisms and the skills to apply them as a professional accountant in a global business environment. You will develop your analytical and decision‐making skills and knowledge to identify…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

This unit introduces students to the major concepts and analytical tools used in the theory and practice of financial management within an Australian context. It is designed to provide you with with an understanding of:- the scope and nature of…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Provides a foundation for students intending to study units towards the Masters of Professional Accounting. The institutional framework and the fundamental principles underpinning accrual accounting and financial reporting are examined. The elements of the accounting cycle, and techniques of measurement,…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

This unit covers a wide range of interesting legal topics and teaches you how to analyse, and solve legal problems, all essential skills for those wishing to work in both the fields of accounting and business management.The unit combines topics…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

This unit has been planned and guided by ideas about what a future accountant or manager would need to know in order to perform effectively in the workplace. The understanding that you gained while studying BFA507 The Accounting Framework will…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

In this unit we explore the key functions fulfilled by managerial and cost accounting. The primary purpose of managerial and cost accounting is to provide relevant information to managers within an organisation. Managerial accounting can be thought of as the…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

The unit aims to develop your understanding of economics. This is achieved by identifying significant economic issues and problems facing Australia, with an investigation of possible courses of action for businesses and other organisations. You will examine the role of…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

This unit examines the role of auditing, focusing particularly on the role of the external auditor in the assessment of the validity and reliability of financial information of publicly listed companies. It highlights the audit function and the important role…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

This unit introduces you to the core concepts in Australian taxation and identifies the framework (both legal and administrative) behind such concepts. The knowledge gained through this exploration enables the application of the framework to current issues faced by individuals…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Accounting Theory is an advanced unit that seeks to provide students with an understanding of historical and contemporary issues that have influenced and continue to influence the development of accounting thought and underlie practice that has developed. Accounting theory has…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

This unit examines a number of contemporary and emerging global issues in order to familiarise you with the business environment you are likely to be operating in as an accountant. This unit has a heavy emphasis on research and critical…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Schedule B

Students may select one discipline specialisation comprising the units listed below.

Students may count only one of these units to any of the specialisations listed above (with the exception of Business Management and CPA Extension). It is not compulsory to take any of these units.

This unit aims to give you the knowledge, skills and abilities to further develop your literacy levels within your field of expertise. Emphasis is placed on workplace language and the various ways it is used in a working environment. Through…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

This unit provides students with the skills and knowledge to be effective communicators within the workplace. It builds on basic literacy skills and incorporates these into specific simulated work related contexts designed to emulate, examine and evaluate workplace communication methods…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Provides an introduction to the concept of economic, social and environmental (triple bottom line) reporting and performance from both a business and society perspective. The unit looks at the link between triple bottom line (TBL) reporting and the concept of…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

This unit focuses on identifying and exploiting the commercial potential of your product, process or service. It considers how intellectual property, market opportunity, risk management and a business model are combined to create commercial value. Topics include the commercialisation process…

Credit Points: 12.5

This unit is currently unavailable.

This unit focusses on applying theoretical understandings of the process of commercialisation through the traditional commercialisation pathway, from idea to market, using a number of real world case studies. This involves an investigation of the intersection of intellectual property protection…

Credit Points: 12.5

This unit is currently unavailable.

This unit enables postgraduate students to exercise their creativity, innovation, commercialisation, entrepreneurship and business insight. The purpose is to make practical use of everything you have learned, by providing a structured opportunity to research, develop and present a business plan…

Credit Points: 12.5

This unit is currently unavailable.

Students will consider the first phase of the innovation model - idea generation. The unit is designed for those who want to create an innovative environment in their workplace and to foster the creativity of self and others. Informed by…

Credit Points: 12.5

This unit is currently unavailable.

Students will examine Idea Evaluation, the second phase of the Innovation model. The purpose of Idea Evaluation is to enable prioritisation, and thus resourcing of the most appropriate ideas. Informed by the latest research from the Australian Innovation Research Centre…

Credit Points: 12.5

This unit is currently unavailable.

Students will examine the third phase of the innovation model - idea implementation. The unit is designed for those who want to implement innovation within their workplace, supporting the creative endeavours and growth within their business. Informed by the latest…

Credit Points: 12.5

This unit is currently unavailable.

Students will examine the creation of integrated innovation frameworks within organisations. The unit is designed for those who wish to harness innovation within their workplace. Informed by the latest research from the Australian Innovation Research Centre and other international leaders…

Credit Points: 12.5

This unit is currently unavailable.

This is a reading course; the unit presumes a familiarity with work life. It expects you to have already grasped the fact that 'business is the art of making a living doing what you love'. The thesis of the unit…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Students undertake a semester of business project, academic-oriented study that integrates work and learning. The student is physically located in a corporate environment, and specific work projects are determined in collaboration with the internship business organisation, postgraduate course coordinator, corporate…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2
HobartSpring school (extended)

Key: On-campus    Off-Campus    International students    Domestic students

The aim of the unit is to develop an understanding of the key issues in strategic management particularly as they relate to managing the interface between an organisation and its internal resources and the elements of its external environment. The…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

This unit is designed to enable students to be involved in a significant experiential national or international study tour opportunity. Many Tasmanian organisations do business with organisations or customers on the mainland or in foreign countries. Their managers need to…

Credit Points: 12.5

This unit is currently unavailable.

Students will undertake a period of project-oriented workplace research in the area of administration/management arising out of, and in the course of, their employment. The unit enables students to critically reflect on the skills, capabilities and knowledge that they have…

Credit Points: 25

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2
HobartSpring school (extended)

Key: On-campus    Off-Campus    International students    Domestic students

Business Management: you must complete four units to complete this specialisation. At least one unit must be chosen from Group A. The remaining units may be chosen from Group B or Group C.

Business Fundamentals.You must include at least one of the units from this group in a Business Management specialisation. You may take all four units from this group if you wish. 

This unit aims to give you the knowledge, skills and abilities to further develop your literacy levels within your field of expertise. Emphasis is placed on workplace language and the various ways it is used in a working environment. Through…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

This unit provides students with the skills and knowledge to be effective communicators within the workplace. It builds on basic literacy skills and incorporates these into specific simulated work related contexts designed to emulate, examine and evaluate workplace communication methods…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

This unit is for students who are intending to work in a multicultural environment. The five components of the course are: communication skills, cross cultural awareness, presentation skills, employability skills and professional preparation. The unit aims to provide opportunities to…

Credit Points: 12.5

This unit is currently unavailable.

This unit focuses on several specific, non-technical, attributes identified by employers as essential skills for graduate employees. It develops these attributes through simulated workplace experiences and builds on the knowledge and skills developed in BAA514 and BAA606. Students will demonstrate…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Select up to three of the units below. It is not compulsory to include any of these units.

This unit focuses on identifying and exploiting the commercial potential of your product, process or service. It considers how intellectual property, market opportunity, risk management and a business model are combined to create commercial value. Topics include the commercialisation process…

Credit Points: 12.5

This unit is currently unavailable.

This unit focusses on applying theoretical understandings of the process of commercialisation through the traditional commercialisation pathway, from idea to market, using a number of real world case studies. This involves an investigation of the intersection of intellectual property protection…

Credit Points: 12.5

This unit is currently unavailable.

This unit enables postgraduate students to exercise their creativity, innovation, commercialisation, entrepreneurship and business insight. The purpose is to make practical use of everything you have learned, by providing a structured opportunity to research, develop and present a business plan…

Credit Points: 12.5

This unit is currently unavailable.

Students will consider the first phase of the innovation model - idea generation. The unit is designed for those who want to create an innovative environment in their workplace and to foster the creativity of self and others. Informed by…

Credit Points: 12.5

This unit is currently unavailable.

Students will examine Idea Evaluation, the second phase of the Innovation model. The purpose of Idea Evaluation is to enable prioritisation, and thus resourcing of the most appropriate ideas. Informed by the latest research from the Australian Innovation Research Centre…

Credit Points: 12.5

This unit is currently unavailable.

Students will examine the third phase of the innovation model - idea implementation. The unit is designed for those who want to implement innovation within their workplace, supporting the creative endeavours and growth within their business. Informed by the latest…

Credit Points: 12.5

This unit is currently unavailable.

Students will examine the creation of integrated innovation frameworks within organisations. The unit is designed for those who wish to harness innovation within their workplace. Informed by the latest research from the Australian Innovation Research Centre and other international leaders…

Credit Points: 12.5

This unit is currently unavailable.

This is a reading course; the unit presumes a familiarity with work life. It expects you to have already grasped the fact that 'business is the art of making a living doing what you love'. The thesis of the unit…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Students undertake a semester of business project, academic-oriented study that integrates work and learning. The student is physically located in a corporate environment, and specific work projects are determined in collaboration with the internship business organisation, postgraduate course coordinator, corporate…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2
HobartSpring school (extended)

Key: On-campus    Off-Campus    International students    Domestic students

Students undertake a semester of business project, academic-oriented study that integrates work and learning. The student is physically located in a corporate environment, and specific work projects are determined in collaboration with the internship business organisation, postgraduate course coordinator, corporate…

Credit Points: 25

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2
HobartSpring school (extended)

Key: On-campus    Off-Campus    International students    Domestic students

The aim of the unit is to develop an understanding of the key issues in strategic management particularly as they relate to managing the interface between an organisation and its internal resources and the elements of its external environment. The…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Select up to three units from the other specialisations included in this schedule below, except the CPA Extension. Do not choose more than one unit from any specialisation.

Marketing is a business function that goes beyond the mere act of selling or advertising – it encompasses the entire process through which value is created, captured and offered to customers. It is also critical that marketing organisations establish and…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

For marketers, understanding how buyers and consumers behave is an integral part of correctly identifying their needs, and subsequently developing effective marketing strategies. Buyers go through a decision-making processes before making a purchase or before deciding to continue to buy…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

The importance of marketing in the Business to Business (B2B) sector has grown globally. Business markets present unique challenges and opportunities for marketers that differ significantly from business to consumer (B2C) markets. B2B and B2C markets function very differently and…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

The professional service sector is growing rapidly and professional service firms (PSFs) contribute significantly to economic growth in most economies. PSFs work in a very competitive and dynamic environment and face both increasing opportunities and challenges. PSFs have unique characteristics…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Increasing globalisation has resulted in fierce competition among competitors. With increasing market dynamism, the effective development and management of marketing supply chains is becoming an invaluable competitive advantage. A marketing supply chain is a system of organisations, people, activities, information…

Credit Points: 12.5

This unit is currently unavailable.

Firms are paying more attention to the development of new products and services to enhance their market position. Commercialising innovative products and services on a timely basis is the key to not only profit, but in some industries, survival. However,…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Sales management and personal selling are critical to organisational success, especially in highly competitive markets. Good personal selling skills guide sales professionals toward alignment with buyers, by helping them overcome their problems and challenges, and creating value for both the…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

The increasing use of the Internet and other digital media by both business and consumers is having a significant effect on business globally. For consumers, information and communication technologies (ICT) provide more information, convenience, and a wider range of, and…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Businesses are changing constantly and markets are moving at a rapid pace, meaning that market research is critical to keep abreast of such changes. Market research comprises a critical facet of marketing management; playing a central role in supporting marketing…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

You must be an associate member of CPA and enrolled in these units with CPA before you undertake this specialisation.  Follow the link above to the CPA website for more information.  BFA737 CPA Global Strategy and Leadership is a capstone unit and this should be taken in your final semester.

This unit advances your knowledge of financial reporting and business skills in an international professional environment, and is based on the International Financial Reporting Standards (IFRSs). You will learn the skills to provide business advice to a range of stakeholders.…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

This unit provides you with the skills to assess and manage financial risk and apply appropriate strategies through the use of financial instruments. Financial risk includes funding and liquidity risk, market risk from interest rates, exchange rates or commodity price…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Global Strategy and Leadership is the capstone unit in the CPA Program Professional Level. You MUST have successfully completed the three compulsory units: CPA Ethics and Governance, CPA Financial Reporting and CPA Strategic Management Accounting, before you can enrol in…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

This unit examines the management accountant's role in dynamic organisations operating in the global business environment with a focus on achieving strategic outcomes. You will learn the tools and techniques including value chain analysis and project management, to contribute to…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Entry requirements

Admission Prerequisites

For admission to this course you need to have:

  1. the equivalent of an undergraduate or masters degree in a non-accounting degree (international applications are subject to assessment for equivalency), OR
  2. a four unit Graduate Certificate in Accounting, or equivalent, from an approved tertiary institution, OR,
  3. approved relevant work experience or other special circumstances (e.g. post secondary qualifications) as approved by the Dean or delegated authority.

For entry into all postgraduate courses, international students must provide an IELTS test score of at least Band 6 with a minimum of 6.0 on all bands or a TOEFL score of 575 with a Test of Written English score of no less than 4.5. This test must not be more than 24 months old. Further information can be found under international admissions http://www.international.utas.edu.au/static/admissionRequirements.php

Articulation from

Master of Professional Accounting

Fees & scholarships

Domestic students

Fees for domestic students are based on individual unit selections. Please refer to the fees section of each unit description to work out an indicative annual cost.

International students

International students should refer to the International Students course fees page to get an indicative course cost.

Scholarships

For information on general scholarships available at the University of Tasmania, please visit the scholarships website.

How can we help?

Do you have any questions about choosing a course or applying? Get in touch.

Domestic
1300 363 864
International
+61 3 8676 7017
Email
Course.Info@utas.edu.au
Online
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