About Us
La Trobe University is founded in 1964 in Melbourne. La Trobe University is one of Australia's leading universities and has an international renown for excellence in teaching and research. La Trobe University has more than 28,000 students, involving almost 3,000 students from over 80 countries. It has 7 campuses in Victoria and off-shore programs in China, Hong Kong, Malaysia, New Zealand, Singapore and Vietnam.Bachelor of Business in Accounting
This program is accredited by the National Institute of Accountants. The NIA is a full member of the International Federation of Accountants.
Accounting students are amongst the most employable of all graduates. While many choose a career in the accounting profession, others are found in corporate settings. A large proportion of Australian company directors and managers have graduated with accounting qualifications.
Accounting has been called the language of business and accountants play a key role in organisational management and strategy. However, both the business and the professional community now look for students who combine both accounting and business skills. This combination of business and accounting is possible in our integrated school structure where the objective is to generate graduates who are well rounded managers and can genuinely be described as business advisors.
During their course, students will acquire the specific knowledge and skills required to work in the accounting field. The subject areas covered include financial accounting, management accounting, auditing, finance, business law, taxation, business communication and information systems.
The Bachelor of Business in Accounting has been designed to allow students the flexibility to choose electives from a range of business and non-business areas. Generally employers are now looking for graduate accountants with general business skills and knowledge. As such the Bachelor of Business in Accounting degree is an ideal structure and graduates are well regarded.
Double Major Advantage
In addition to the accounting major, students may also complete an area of study in either management or financial management.
Career Opportunities
Bachelor of Business in Accounting graduates may choose to work in the public accounting area specialising in auditing, investigative accounting, financial advising or taxation. There are opportunities for Bachelor of Business in Accounting graduates to work in the accounting field in the private sector in both large and small organisations, and in the public sector and not-for-profit sectors. However, the Bachelor of Business in Accounting degree also provides sufficient background to allow graduates to seek employment in the management consulting and general business advisory areas.
Course structure
To qualify for the La Trobe University Bachelor of Busines In Accounting, you must complete and pass 24 subjects. 7 of these are core subjects that everyone must do. The core subjects give you basic business skills. You must then complete the Accounting major, which is another 9 subjects.
It is also possible to do a double major, with the second major being either Management or Financial Management – and it won’t take you any extra time!
Or, you can select your remaining 8 subjects all from the range of other subjects on offer and receive your degree with a single major in Accounting.
Subjects for a major in Accounting
Introductory Financial Accounting
This unit introduces students to accounting information systems which record financial events and provide information to management. The unit begins with the accounting equation, accounting cycle, accrual accounting concepts and the preparation of internal reports. Attention is then given to application of generally accepted accounting principles and selected accounting standards to specific financial elements and transactions.
Introductory Management Accounting
Managerial accounting provides organisations with internal financial and non-financial information required for the three functions of planning, controlling and decision making. This unit enables students to develop an understanding of the elements of management accounting and the way in which cost information is used in undertaking these functions within the context of a manufacturing concern. The unit examines the nature and behaviour of product cost information and students should be able to apply their understanding of this to decision-making situations using both a quantitative and a qualitative approach.
Intermediate Management Accounting
Intermediate Management Accounting further develops the concepts of management accounting and provides analytical methods for both short-term and long-term managerial decisions. Topics include budgeting standard costing and variance analysis, capital budgeting, inventory management, performance measurement and contemporary developments in management accounting.
Finance
This is the foundation unit in finance and covers financial decisions, valuation and the capital market. It also covers an introduction to portfolio theory & the capital asset pricing theorem, interest rates and the mathematics of finance, efficient market hypotheses and option pricing.
Law of Business Association
In this unit students deal with the key features of the legislation and cases which govern the formation and regulation of business associations (particularly corporations) and the operation of securities markets in Australia. There is an explanation of how these laws operate on the economy and society at large and on persons and institutions within society, along with how persons and institutions may best utilise these laws . Students completing the unit should be able to apply rules and principles extracted from the legislation and cases to resolve disputes arising from the operations and functioning of business associations and the workings of securities markets.
Advanced Financial Accounting
This unit aims to promote an understanding of some of the major contemporary issues associated with the measurement and reporting of the operating results and financial position of modern reporting entities. Topics on foreign currency transaction and translation, superannuation, financial instruments, construction contracts and other topical issues will be covered within the context of recent recommendations of the Australian accounting profession. The role of theory in accounting will also be covered.
Taxation
This unit develops an understanding of Commonwealth income tax legislation and the implications of income tax on the individual and business enterprise. A practical approach is taken to the unit matter, and topics include objectives of taxation, the general concepts of assessable income and allowable deductions, determination of taxable income and tax payable, special classes of taxpayers, returns and assessments, objections and appeals, collection and recovery of taxation, substantiation provisions and an introduction to capital gains and fringe benefits tax.
Auditing
This unit covers Auditing theory and practice. Auditing is designed to give students an understanding of the concepts involved in the auditing process. Particular attention is given to the ethical responsibilities of the auditing profession developed through case law within an auditing theory perspective.
Corporate Reporting
This unit covers corporate financial accounting and reporting at an intermediate level. It provides students with an understanding of the corporate reporting environment in Australia and the economic implications of accounting numbers. The unit incorporates evaluation and application of selected accounting standards, as well as the preparation of corporate group financial reports which satisfy professional and regulatory requirements.
Professional Recognition
Subject to the unites undertaken in the Bachelor of Business program, students may be eligible for NIA membership as an Associate member.
To find out course fees, intake dates, entry requirements and more details about courses and the Institute please click on the Enquiry button and complete our form.