1 10 2015 Accounting Webinar english
Accounting Programs
Faculty of Business and Economics
About the presenter
DR CATRIONA LAVERMICOCCA – DEPUTY HEAD OF
DEPARTMENT OF ACCOUNTING AND CORPORATE GOVERNANCE
• Professional background working as a senior manager in the taxation section at EY
and obtained qualifications as a Chartered Accountant before completing a Master
of Law, specialising in taxation and commercial law.
• Program Director for undergraduate and postgraduate Accounting programs,
responsible for the development and currency of accounting programs at
Macquarie. Developed and teaches the capstone unit in the postgraduate accounting
program.
• Completed PhD titled ‘The impact of the identification and management of tax risk
on the income tax compliance behaviour of large Australian corporations’
• Areas of expertise include taxation law; tax compliance behaviour; ethics and
program development.
Macquarie University Accounting Programs
2
Agenda
ACCOUNTING PROGRAMS AT MACQUARIE
1. Overview of campus life and the Faculty of Business and Economics (FBE)
2. Overview of Accounting programs at Macquarie
3. Career prospects
4. Course structure, including entry requirements
5. Reputation of Macquarie’s Accounting programs
6. Summary
Macquarie University Accounting Programs
3
Macquarie at a glance
Macquarie University Accounting Programs
4
Macquarie University Accounting Programs
5
Macquarie University
Accoun3ng Programs
6
Macquarie University
Accoun3ng Programs
7
Faculty of Business and Economics
• Macquarie University's largest faculty, with
over 15,000 students from over 70 different
countries
• Largest accounting department of any
Australian university
• Faculty Focus: Research, working with
industry, professional accreditation,
responsive teaching, innovative thinking
• Highly regarded provider of accounting
programs
• Programs designed to meet employer demand
• Recognition of prior studies reduce the length
of programs (RPL)
• Programs focus on critical thinking and
communication skills
Macquarie University Accounting Programs
8
Rankings
Among the top 10 universities in Australia (ARWU, 2014)
Among the top 40 universities in Asia-Pacific (ARWU, 2014)
Among the top 100 universities worldwide in Accounting & Finance (QS, 2015)
5 QS stars in teaching, employability, research, internationalisation, facilities,
innovation, access and specialist subjects (QS, 2014)
> 50% of our subjects are ranked in
the top 100 worldwide, with Earth and
marine sciences, linguistics and
psychology in the top 50 (QS World
University Rankings by Subject)
9th most international university in the
world (Times Higher Education, 2014)
MGSM MBA ranked #49 in the world and
#1 in NSW, #3 in Australia and #5 in the
Asia-Pacific (The Economist Which MBA?, 2014)
Macquarie University Accounting Programs
9
Global focus to help develop links
with international business
Macquarie University Accounting Programs
10
Why study with Macquarie?
We give students the skills employers value
Students study applied course work
Our courses are industry accredited
Global network of Alumni contacts: network, job prospects
Macquarie University Accounting Programs
11
Student Support
• Mentoring programs
• PAL – Peer Assisted Learning
Macquarie University Accounting Programs
12
Accredited Accounting Programs
OVERVIEW
• Bachelor of Commerce – Professional
Accounting
• Master of Accounting (Professional)
• Master of Accounting (CPA Extension)
• Master of International Accounting – NEW in
2016
Macquarie University Accounting Programs
13
Career prospects
BUILD A LONG TERM FOUNDATION FOR A CAREER IN BUSINESS
Accounting skills support all kinds of careers, including:
•
•
•
•
•
•
Chief Executive Officer
Chief Financial Officer
Entrepreneur
Forensic Accountant
Investment Analyst
Strategic Advisor
Macquarie University Accounting Programs
•
•
•
•
•
•
•
Strategic Change Manager
International accounting specialist
Accounting risk analyst
Counter-terrorism financial investigator
Environmental accountant
Associate at a major accounting firm
Strategic procurement manager
14
Bachelor of Commerce –
Professional Accounting
•
•
•
•
3 years
IELTS of 6.5 overall with minimum 6.0 in each band, or equivalent
Estimated annual fee AUD $33,390 p.a.
Required to complete subjects that cover:
o
o
o
o
o
o
auditing and assurance
business and corporate law
economic policies and regulations
Finance
financial reporting
information systems
o
o
o
o
o
o
international accounting
management and control
professional issues
statistical analysis
sustainability issues
taxation
• Satisfies tertiary educational requirements for entry into CPA Australia’s
CPA program, the CAANZ’S CA program, the ACCA’S professional
program and the IPA’S PNA program
Macquarie University Accounting Programs
15
Master of Accounting
PROFESSIONAL
•
•
•
•
•
•
2 years (Possible reduction after RPL)
IELTS of 6.5 overall with minimum 6.0 in each band, or equivalent
Australian level 7 bachelor's qualification or recognised equivalent
GPA of 2.70 (out of 4.00)
Estimated annual fee AUD $24,720 p.a.
13 compulsory subjects including subjects that cover:
o
o
o
o
o
Accounting systems and processes
Audit
Financial accounting
Management accounting
Taxation
o
o
o
o
Contemporary Accounting Practice
Law
Finance
Economics
• In addition students complete 3 elective units
• Pathway for university graduates in any discipline to acquire qualifications that are
fully recognised as satisfying the tertiary educational requirements for entry into the
CPA Australia’s CPA program, the CAANZ’S CA program, the ACCA’S professional
program and the IPA’S PNA program
Macquarie University Accounting Programs
16
Master of Accounting
CPA EXTENSION
2.5 years (Possible reduction after RPL)
IELTS of 6.5 overall with minimum 6.0 in each band, or equivalent
Australian level 7 bachelor's qualification or recognised equivalent
GPA of 2.70 (out of 4.00)
Estimated annual fee AUD $30,740 p.a.
After completing the 13 compulsory subjects students complete 6 CPA
Australia segments in conjunction with the Macquarie University CPA
support subjects and 1 postgraduate elective unit.
• Students enrol in Macquarie University subjects as well as the corresponding
CPA segments
• Assessment in the Macquarie University CPA support subjects is:
o 70% determined by student’s performance in the university assessment
tasks and
o 30% by the CPA Australia examination result
• Students are prepared for the CPA qualification and perform excellently
•
•
•
•
•
•
Macquarie University Accounting Programs
17
Master of International Accounting
FACILITATES THE ACCA PROFESSIONAL QUALIFICATION
2.5 years (Possible reduction after RPL)
IELTS of 6.5 overall with minimum 6.0 in each band, or equivalent
Australian level 7 bachelor's qualification or recognised equivalent
GPA of 2.70 (out of 4.00)
Estimated annual fee AUD $30,740 p.a.
After completing the 13 compulsory subjects students complete 6 Macquarie
University ACCA support subjects and one postgraduate elective unit.
• Students enrol in Macquarie University subjects and can choose to enrol in
the corresponding ACCA segment simultaneously or at a later date
• Assessment in the Macquarie University ACCA support subjects is
determined entirely by student’s performance in the university assessment
tasks and
• Students are well prepared for the ACCA exams and expected to perform
excellently
•
•
•
•
•
•
Macquarie University Accounting Programs
18
Excellent Performance of Macquarie
Students in the CPA Program
• Macquarie Master of
Accounting students
achieve excellent results in
the CPA program with
many students in the top
10% Australia wide
• Macquarie Master of
Accounting students have
been awarded the CPA
Australia High Achievers
Award and CPA Excellence
Awards
Macquarie University Accounting Programs
19
Summary
WHY STUDENTS SHOULD STUDY ACCOUNTING AT MACQUARIE
• Macquarie University is among top 2 per cent of best universities in the world
• Highly regarded provider of accounting programs in Australia
• High industry demand and salaries for accounting professionals
• Specialised program designed to meet employer demands
• Build industry contacts through internships and business engagement
• With the right background students can fast track the postgraduate
accounting programs with credit for studies at undergraduate level
• Competitive tuition fee
Macquarie University Accounting Programs
20
Thank you!
YOUR QUESTIONS ARE WELCOME
Faculty of Business and Economics
About the presenter
DR CATRIONA LAVERMICOCCA – DEPUTY HEAD OF
DEPARTMENT OF ACCOUNTING AND CORPORATE GOVERNANCE
• Professional background working as a senior manager in the taxation section at EY
and obtained qualifications as a Chartered Accountant before completing a Master
of Law, specialising in taxation and commercial law.
• Program Director for undergraduate and postgraduate Accounting programs,
responsible for the development and currency of accounting programs at
Macquarie. Developed and teaches the capstone unit in the postgraduate accounting
program.
• Completed PhD titled ‘The impact of the identification and management of tax risk
on the income tax compliance behaviour of large Australian corporations’
• Areas of expertise include taxation law; tax compliance behaviour; ethics and
program development.
Macquarie University Accounting Programs
2
Agenda
ACCOUNTING PROGRAMS AT MACQUARIE
1. Overview of campus life and the Faculty of Business and Economics (FBE)
2. Overview of Accounting programs at Macquarie
3. Career prospects
4. Course structure, including entry requirements
5. Reputation of Macquarie’s Accounting programs
6. Summary
Macquarie University Accounting Programs
3
Macquarie at a glance
Macquarie University Accounting Programs
4
Macquarie University Accounting Programs
5
Macquarie University
Accoun3ng Programs
6
Macquarie University
Accoun3ng Programs
7
Faculty of Business and Economics
• Macquarie University's largest faculty, with
over 15,000 students from over 70 different
countries
• Largest accounting department of any
Australian university
• Faculty Focus: Research, working with
industry, professional accreditation,
responsive teaching, innovative thinking
• Highly regarded provider of accounting
programs
• Programs designed to meet employer demand
• Recognition of prior studies reduce the length
of programs (RPL)
• Programs focus on critical thinking and
communication skills
Macquarie University Accounting Programs
8
Rankings
Among the top 10 universities in Australia (ARWU, 2014)
Among the top 40 universities in Asia-Pacific (ARWU, 2014)
Among the top 100 universities worldwide in Accounting & Finance (QS, 2015)
5 QS stars in teaching, employability, research, internationalisation, facilities,
innovation, access and specialist subjects (QS, 2014)
> 50% of our subjects are ranked in
the top 100 worldwide, with Earth and
marine sciences, linguistics and
psychology in the top 50 (QS World
University Rankings by Subject)
9th most international university in the
world (Times Higher Education, 2014)
MGSM MBA ranked #49 in the world and
#1 in NSW, #3 in Australia and #5 in the
Asia-Pacific (The Economist Which MBA?, 2014)
Macquarie University Accounting Programs
9
Global focus to help develop links
with international business
Macquarie University Accounting Programs
10
Why study with Macquarie?
We give students the skills employers value
Students study applied course work
Our courses are industry accredited
Global network of Alumni contacts: network, job prospects
Macquarie University Accounting Programs
11
Student Support
• Mentoring programs
• PAL – Peer Assisted Learning
Macquarie University Accounting Programs
12
Accredited Accounting Programs
OVERVIEW
• Bachelor of Commerce – Professional
Accounting
• Master of Accounting (Professional)
• Master of Accounting (CPA Extension)
• Master of International Accounting – NEW in
2016
Macquarie University Accounting Programs
13
Career prospects
BUILD A LONG TERM FOUNDATION FOR A CAREER IN BUSINESS
Accounting skills support all kinds of careers, including:
•
•
•
•
•
•
Chief Executive Officer
Chief Financial Officer
Entrepreneur
Forensic Accountant
Investment Analyst
Strategic Advisor
Macquarie University Accounting Programs
•
•
•
•
•
•
•
Strategic Change Manager
International accounting specialist
Accounting risk analyst
Counter-terrorism financial investigator
Environmental accountant
Associate at a major accounting firm
Strategic procurement manager
14
Bachelor of Commerce –
Professional Accounting
•
•
•
•
3 years
IELTS of 6.5 overall with minimum 6.0 in each band, or equivalent
Estimated annual fee AUD $33,390 p.a.
Required to complete subjects that cover:
o
o
o
o
o
o
auditing and assurance
business and corporate law
economic policies and regulations
Finance
financial reporting
information systems
o
o
o
o
o
o
international accounting
management and control
professional issues
statistical analysis
sustainability issues
taxation
• Satisfies tertiary educational requirements for entry into CPA Australia’s
CPA program, the CAANZ’S CA program, the ACCA’S professional
program and the IPA’S PNA program
Macquarie University Accounting Programs
15
Master of Accounting
PROFESSIONAL
•
•
•
•
•
•
2 years (Possible reduction after RPL)
IELTS of 6.5 overall with minimum 6.0 in each band, or equivalent
Australian level 7 bachelor's qualification or recognised equivalent
GPA of 2.70 (out of 4.00)
Estimated annual fee AUD $24,720 p.a.
13 compulsory subjects including subjects that cover:
o
o
o
o
o
Accounting systems and processes
Audit
Financial accounting
Management accounting
Taxation
o
o
o
o
Contemporary Accounting Practice
Law
Finance
Economics
• In addition students complete 3 elective units
• Pathway for university graduates in any discipline to acquire qualifications that are
fully recognised as satisfying the tertiary educational requirements for entry into the
CPA Australia’s CPA program, the CAANZ’S CA program, the ACCA’S professional
program and the IPA’S PNA program
Macquarie University Accounting Programs
16
Master of Accounting
CPA EXTENSION
2.5 years (Possible reduction after RPL)
IELTS of 6.5 overall with minimum 6.0 in each band, or equivalent
Australian level 7 bachelor's qualification or recognised equivalent
GPA of 2.70 (out of 4.00)
Estimated annual fee AUD $30,740 p.a.
After completing the 13 compulsory subjects students complete 6 CPA
Australia segments in conjunction with the Macquarie University CPA
support subjects and 1 postgraduate elective unit.
• Students enrol in Macquarie University subjects as well as the corresponding
CPA segments
• Assessment in the Macquarie University CPA support subjects is:
o 70% determined by student’s performance in the university assessment
tasks and
o 30% by the CPA Australia examination result
• Students are prepared for the CPA qualification and perform excellently
•
•
•
•
•
•
Macquarie University Accounting Programs
17
Master of International Accounting
FACILITATES THE ACCA PROFESSIONAL QUALIFICATION
2.5 years (Possible reduction after RPL)
IELTS of 6.5 overall with minimum 6.0 in each band, or equivalent
Australian level 7 bachelor's qualification or recognised equivalent
GPA of 2.70 (out of 4.00)
Estimated annual fee AUD $30,740 p.a.
After completing the 13 compulsory subjects students complete 6 Macquarie
University ACCA support subjects and one postgraduate elective unit.
• Students enrol in Macquarie University subjects and can choose to enrol in
the corresponding ACCA segment simultaneously or at a later date
• Assessment in the Macquarie University ACCA support subjects is
determined entirely by student’s performance in the university assessment
tasks and
• Students are well prepared for the ACCA exams and expected to perform
excellently
•
•
•
•
•
•
Macquarie University Accounting Programs
18
Excellent Performance of Macquarie
Students in the CPA Program
• Macquarie Master of
Accounting students
achieve excellent results in
the CPA program with
many students in the top
10% Australia wide
• Macquarie Master of
Accounting students have
been awarded the CPA
Australia High Achievers
Award and CPA Excellence
Awards
Macquarie University Accounting Programs
19
Summary
WHY STUDENTS SHOULD STUDY ACCOUNTING AT MACQUARIE
• Macquarie University is among top 2 per cent of best universities in the world
• Highly regarded provider of accounting programs in Australia
• High industry demand and salaries for accounting professionals
• Specialised program designed to meet employer demands
• Build industry contacts through internships and business engagement
• With the right background students can fast track the postgraduate
accounting programs with credit for studies at undergraduate level
• Competitive tuition fee
Macquarie University Accounting Programs
20
Thank you!
YOUR QUESTIONS ARE WELCOME