University of Sydney Handbooks - 2020 Archive

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Accounting (Professional)

The units of study listed in the following table are those available for the current year. Students may also include any units of study, which are additional to those currently listed, which appear under these subject areas in the Business School handbook/website in subsequent years (subject to any prerequisite or prohibition rules).

Table A - The University of Sydney Business School

Unit of study Credit points A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition Session

Professional Accounting

Professional Accounting program

Achievement of a program in Professional Accounting requires 72 credit points from this table including:
(i) 24 credit points of 1000-level core units
(ii) 24 credit points of 2000-level core units
(iii) 24 credit points of 3000-level core units

Units of study

The relevant units of study are listed below.

1000-level units of study

Core
BUSS1020
Quantitative Business Analysis
6    A Mathematics (equivalent of band 4 in the NSW HSC subject Mathematics or band E3 in Mathematics Extension 1 or 2) OR MATH1111
N ECMT1010 or MATH1005 or MATH1905 or MATH1015 or STAT1021 or ENVX1001 or ENVX1002 or DATA1001 or MATH1115


Students enrolled in the Bachelor of Commerce, the Bachelor of Commerce and Bachelor of Advanced Studies, and the Bachelor of Commerce and Bachelor of Laws must complete this core unit within the first year of study (full-time students) or within in the first two years of study (part-time students).
Semester 1
Semester 2
BUSS1030
Accounting, Business and Society
6    N ACCT1001 or ACCT1002 or ACCT1003 or ACCT1004 or ACCT1005


Students enrolled in the Bachelor of Commerce, the Bachelor of Commerce and Bachelor of Advanced Studies, and the Bachelor of Commerce and Bachelor of Laws must complete this core unit within the first year of study (full-time students) or within in the first two years of study (part-time students).
Semester 1
Semester 2
BUSS1040
Economics for Business Decision Making
6    A Mathematics (equivalent of band 4 in the NSW HSC subject Mathematics or band E3 in Mathematics Extension 1 or 2) OR MATH1111
N ECON1001 OR ECON1040
Semester 1
Semester 2
ACCT1006
Accounting and Financial Management
6    A HSC Mathematics
P BUSS1030 or ACCT1005
N ACCT1001 or ACCT1002 or ACCT1003 or ACCT1004
Semester 1
Semester 2

2000-level units of study

Core *
ACCT2011
Financial Accounting A
6    P (ACCT1001 or ACCT1005 or BUSS1030) and (ACCT1002 or ACCT1006)
Semester 1
Semester 2
ACCT2019
Management Accounting
6    P (ACCT1001 or ACCT1005 or BUSS1030) and (ACCT1002 or ACCT1006)
N ACCT2012
Semester 1
Semester 2
CLAW2214
Business Law
6    N CLAW1001 or CLAW1003 or CLAW2201
Semester 1
Semester 2
FINC2011
Corporate Finance I
6    A BUSS1030
P (BUSS1020 or ECMT1010 or ENVX1001 or ENVX1002 or DATA1001 or ((MATH1005 or MATH1015) and MATH1115) or 6 credit points in MATH units including MATH1905) and (BUSS1040 or ECON1001 or ECON1002)

Note: Department permission required for enrolment in the following sessions:Intensive July

Intensive January
Intensive July
Semester 1
Semester 2
* Students who wish to combine a Business Law major with the Professional Accounting program must complete CLAW1001 and CLAW1003 instead of CLAW2214, which will satisfy the requirements of the Professional Accounting Program unit CLAW2214.

3000-level units of study

Core
ACCT3011
Financial Accounting B
6    P ACCT2011
Semester 1
Semester 2
ACCT3600
Accounting and Auditing in Practice
6    A Students are expected to have an understanding of the key principles and rules of specified auditing standards, and be able to apply them in the context of business scenarios. Students are also expected to comprehend the form and content of published financial statements and be able to explain their function.
P Completion of at least 120 credit points including (ACCT2012 or ACCT2019) and ACCT3011.
N ACCT3014


This unit should only be undertaken by students in their final semester of the Accounting major / Professional Accounting program. This unit of study must be completed at the University of Sydney Business School.
Semester 1
Semester 2
CLAW3201
Australian Taxation System
6    P CLAW1003 or CLAW2201 or CLAW2214
Semester 1
Semester 2
INFS3110
Information Systems for Accountants
6    A INFS1000 or INFO1000 or INFO1003 or INFO1903
N INFS2001
Semester 1
Semester 2