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Master of Professional Accounting (MPAC) - MPA

CRICOS code (International applicants): 082462B

 On-campusOnline
Semester intake:Semester 1 (February)
Semester 2 (July)
Semester 1 (February)
Semester 2 (July)
Semester 3 (November)
Campus:Springfield, Toowoomba -
Fees:Domestic full fee paying place
International full fee paying place
Domestic full fee paying place
International full fee paying place
Standard duration:2 years full-time, up to 6 years part-time 

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Contact us

Future Australian and New Zealand students  Future International students  Current students 
Ask a question
Freecall (within Australia): 1800 269 500
Phone (from outside Australia): +61 7 4631 5315
Email: study@usq.edu.au  
Ask a question
Phone: +61 7 4631 5543
Email: international@usq.edu.au 
Ask a question
Freecall (within Australia): 1800 007 252
Phone (from outside Australia): +61 7 4631 2285
Email usq.support@usq.edu.au 

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Professional accreditation

Graduates of this program will meet the educational entrance requirements of CPA Australia and Chartered Accountants Australia and New Zealand (CAANZ). This provides Associate membership of CPA Australia, eligibility to study the CPA Australia professional exams and eligibility to study the CAANZ professional exams.

Successful completion of the Master of Professional Accounting program can qualify students for exemptions from the Fundamental level (9 papers) of the Association of Chartered Certified Accountants (ACCA) exams.

The Master of Professional Accounting is accredited by the Chartered Institute of Management Accountants (CIMA).

We recommend that graduates in Accounting from an overseas university obtain a qualifications assessment from CPA Australia before applying for admission. In many cases, such graduates may be required to complete only 3 - 4 courses to achieve Associate membership. These can be studied through a Graduate Certificate of Business.

Local recognition (for overseas students):

For overseas candidates seeking membership of their home accounting bodies, full members of CPA Australia and/or CAANZ are usually offered reciprocal membership. This is a fast track to become a qualified accountant in one's home country.

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Program aims

The Master of Professional Accounting is a professionally-oriented program that provides university graduates with the opportunity to acquire an accounting qualification recognised by the Australian accounting professional bodies. The program comprises 16 courses.

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Program objectives

Successful completion of the Master of Professional Accounting should enable graduates to:

  • prepare and analyse financial and management accounting reports

  • audit financial records and statements and produce audit reports

  • prepare taxation returns and advise clients on taxation issues

  • comprehend and apply accounting theory to current accounting developments and problems

  • understand and apply the principles of business finance and investment evaluation

  • comprehend the legal framework within which businesses operate and apply this knowledge in addressing commercial legal problems.


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Australian Qualifications Framework

The Australian Qualifications Framework (AQF) is a single national, comprehensive system of qualifications offered by higher education institutions (including universities), vocational education and training institutions and secondary schools. Each AQF qualification has a set of descriptors which define the type and complexity of knowledge, skills and application of knowledge and skills that a graduate who has been awarded that qualification has attained, and the typical volume of learning associated with that qualification type.

This program is at AQF Qualification Level 09. Graduates at this level will have specialised knowledge and skills for research, and/or professional practice and/or further learning.

The full set of levels criteria and qualification type descriptors can be found by visiting www.aqf.edu.au.

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Admission requirements

To be eligible for admission, applicants must satisfy the following requirements:

  • Completion of an Australian university Bachelor degree, or equivalent.

  • English Language Proficiency requirements for Category 2.


Candidates without an acceptable Bachelor degree or equivalent and who have completed a minimum of five years' professional work experience equivalent to an AQF level 7 qualification may be eligible for entry into the Graduate Certificate of Business, and upon completion and achievement of a minimum GPA of 4.0, may apply for entry into the Master of Professional Accounting.

All students are required to satisfy the applicable English language requirements.

If students do not meet the English language requirements they may apply to study a University-approved English language program. On successful completion of the English language program, students may be admitted to an award program.

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Program fees

Domestic full fee paying place

Domestic full fee paying places are funded entirely through the full fees paid by the student. Full fees vary depending on the courses that are taken. Students are able to calculate the fees for a particular course via the Course Fee Finder.

Domestic full fee paying students may be eligible to defer their fees through a Government loan called FEE-HELP provided they meet the residency and citizenship requirements.

Australian citizens, Permanent Humanitarian Visa holders, Permanent Resident visa holders and New Zealand citizens who will be resident outside Australia for the duration of their program pay full tuition fees and are not eligible for FEE-Help.

International full fee paying place

International students pay full fees. Full fees vary depending on the courses that are taken and whether they are studied on-campus, via distance education/online. Students are able to calculate the fees for a particular course via the Course Fee Finder.

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Program completion requirements

Students commencing Semester 1, 2018

Students who have completed ACC5202 Accounting in Semester 1, 2018 or previously mustcomplete ACC8003 Accounting Information Systems and Controls in 2018.

Course   Semester of offer
Online 
Semester of offer
Toowoomba campus 
Semester of offer
Springfield campus 
ACC5202 Accounting  1, 2  1., 2 
ACC5213 Management Accounting with a Strategic Perspective  1, 2   
ACC5215 Corporate Accounting  1, 2 
ACC5216 Accounting Theory  1, 2 
ACC5218 Auditing Practice  1, 2 
ACC8000 Research in Accounting Practice  1, 2  1, 2 
ACC8003 Accounting Information Systems and Controls#  1, 2 
ECO5000 Economics for Managers  2, 3 
FIN5003 Decision Support Tools  1, 3 
FIN8201 Corporate Finance  1, 3 
LAW5230 Taxation Law  1, 2, 3 
LAW8500 Australian Commercial and Corporations Law^  1, 2     
Select one of the following selectives:* 
ACC8105 Financial Statement Analysis 
ACC8801 Corporate Governance and Social Responsibility 
ACC8802 Strategic Applications of Management Accounting 
MBA8000 Applied Business Research and Ethics  1, 2 
MGT8022 Project-Based Management  1, 2, 3   

Footnotes
#Students who have not completed CIS8000 Global Information Systems Strategy must enrol in ACC8003 Accounting Information Systems and Controls.
^Students who have successfully completed LAW5201 Commercial Law , but not LAW5206 Corporations Law , must enrol in LAW8500 Australian Commercial and Corporations Law. Students who have successfully completed LAW5201 Commercial Law and LAW5206 Corporations Law must select an elective.
*Students may choose other postgraduate courses with the approval of the Faculty of Business, Education, Law and Arts.

Students commencing Semester 2, 2018

Course   Semester of offer
Online 
Semester of offer
Toowoomba campus 
Semester of offer
Springfield campus 
ACC5000 Accounting Applications±  1, 2  1, 2  1, 2 
ACC5200 ~  1, 2  1, 2  1, 2 
ACC5213 Management Accounting with a Strategic Perspective  1, 2   
ACC5215 Corporate Accounting  1, 2 
ACC5216 Accounting Theory  1, 2 
ACC5218 Auditing Practice  1, 2 
ACC8000 Research in Accounting Practice  1, 2  1, 2 
ACC8105 Financial Statement Analysis 
ACC8801 Corporate Governance and Social Responsibility 
ACC8802 Strategic Applications of Management Accounting 
ECO5000 Economics for Managers  2, 3 
FIN5003 Decision Support Tools  1, 3 
FIN8201 Corporate Finance  1, 3 
LAW5230 Taxation Law  1, 2, 3 
LAW8500 Australian Commercial and Corporations Law^  1, 2     
Select one of the following selectives:* 
CIS8000 Global Information Systems Strategy  1, 2  1, 2 
FIN8202 Financial Markets and Instruments     
LAW8118 International Business Law     
MGT8033 Leading Organisational Change  1, 2   
MGT8037 Team Leadership     
PRL5002 ǂ     
PRL8005 ǂ     

Footnotes
±First offer for this course is S2, 2018. Students commencing in S2, 2018 will be required to complete ACC5000 Accounting Applications instead of ACC8003 Accounting Information Systems and Controls .
~First offer for this course is S1 2019.
^Students who have successfully completed LAW5201 Commercial Law , but not LAW5206 Corporations Law , must enrol in LAW8500 Australian Commercial and Corporations Law. Students who have successfully completed LAW5201 Commercial Law and LAW5206 Corporations Law must select an elective.
*Students may choose other postgraduate courses with the approval of the Faculty of Business, Education, Law and Arts.
ǂThis course is offered in odd-numbered years only.

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Required time limits

Students have a maximum of 6 years to complete this program.

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IT requirements

For information technology requirements please refer to the minimum computing standards.

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Exit points

A student who chooses not to complete or who does not maintain good standing in this program may be permitted to exit with a lesser qualification, provided they have met the requirements of that program. A student who successfully completes eight Master of Professional Accounting courses may, upon application, exit with a Graduate Diploma of Business. A student who successfully completes any four courses for the Graduate Certificate of Business may, upon application, exit with that qualification.

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Credit

As the Master of Professional Accounting is a conversion program, credit approved in the program does not automatically apply to other postgraduate programs offered by USQ. Credit may be granted on the basis of equivalent study completed at a recognised university. Candidates for the Master of Professional Accounting may be eligible for up to a maximum of eight units of credit. Four units of credit may be granted for an undergraduate degree in an accounting-related discipline area from a recognised university.

Recommended enrolment patterns

In this section:

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Semester 1 only intake - Toowoomba and Online

Students are able to enrol in any offered mode of a course (on-campus, external or online), regardless of the program mode of study they enrolled in.


CourseYear of program and semester
in which course is normally studied
Enrolment requirements
On-campus
(ONC)
External
(EXT)
Online
(ONL)
YearSemYearSemYearSem
ACC8000 Research in Accounting Practice 11Pre-requisite: ACC5000 or ACC5202 Co-requisite: FIN5003
ACC5202 Accounting 11
FIN8201 Corporate Finance 11
FIN5003 Decision Support Tools 11
LAW8500 Australian Commercial and Corporations Law ^12Pre-requisite: Students must be enrolled in one of the following Programs: MPAC or MBAC or GDBS or MP12 or MPAE or MBPA or MPRM or MPJM or MPPM
ECO5000 Economics for Managers 12
ACC5215 Corporate Accounting 12Pre-requisite: (ACC5000 and ACC5200) or ACC5202
ACC8003 Accounting Information Systems and Controls #12Pre-requisite: ACC5202
ACC5213 Management Accounting with a Strategic Perspective 21Pre-requisite: ACC5202. Students in the MPAC and MBAC must also complete ACC8000.
ACC5216 Accounting Theory 21Pre-requisite: ACC5202. Students in the MPAC and MBAC must also complete ACC8000.
LAW5230 Taxation Law 21Pre-requisite: (ACC5202 or ACC5502 or ACC5216 or ACC5218) and (LAW8500 or LAW5201 and LAW5206)
Selective21
ACC5218 Auditing Practice 22Pre-requisite: ACC5202. Students in the MPAC and MBAC must also complete ACC8000.
Selective22
Selective22
Selective22

Footnotes
^Students who have successfully completed LAW5201 Commercial Law, but not LAW5206 Corporations Law, must enrol in LAW8500 Australian Commercial and Corporations Law. Students who have successfully completed LAW5201 Commercial Law and LAW5206 Corporations Law must select an elective.
#Students who have not completed CIS8000 Global Information Systems Strategy must enrol in ACC8003 Accounting Information Systems and Controls.

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Semester 1 only intake - Springfield

Students are able to enrol in any offered mode of a course (on-campus, external or online), regardless of the program mode of study they enrolled in.


CourseYear of program and semester
in which course is normally studied
Enrolment requirements
On-campus
(ONC)
External
(EXT)
Online
(ONL)
YearSemYearSemYearSem
ACC8000 Research in Accounting Practice 11Pre-requisite: ACC5000 or ACC5202 Co-requisite: FIN5003
ACC5202 Accounting 11
FIN8201 Corporate Finance 11
FIN5003 Decision Support Tools 11
ACC8003 Accounting Information Systems and Controls #12Pre-requisite: ACC5202
LAW8500 Australian Commercial and Corporations Law ^12Pre-requisite: Students must be enrolled in one of the following Programs: MPAC or MBAC or GDBS or MP12 or MPAE or MBPA or MPRM or MPJM or MPPM
ECO5000 Economics for Managers 12
ACC5213 Management Accounting with a Strategic Perspective 12Pre-requisite: ACC5202. Students in the MPAC and MBAC must also complete ACC8000.
ACC5215 Corporate Accounting 21Pre-requisite: (ACC5000 and ACC5200) or ACC5202
ACC5218 Auditing Practice 21Pre-requisite: ACC5202. Students in the MPAC and MBAC must also complete ACC8000.
LAW5230 Taxation Law 21Pre-requisite: (ACC5202 or ACC5502 or ACC5216 or ACC5218) and (LAW8500 or LAW5201 and LAW5206)
Selective21
ACC5216 Accounting Theory 22Pre-requisite: ACC5202. Students in the MPAC and MBAC must also complete ACC8000.
Selective22
Selective22
Selective22

Footnotes
#Students who have not completed CIS8000 Global Information Systems Strategy must enrol in ACC8003 Accounting Information Systems and Controls.
^Students who have successfully completed LAW5201 Commercial Law, but not LAW5206 Corporations Law, must enrol in LAW8500 Australian Commercial and Corporations Law. Students who have successfully completed LAW5201 Commercial Law and LAW5206 Corporations Law must select an elective.

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Semester 2 intake - Toowoomba and Online

Students are able to enrol in any offered mode of a course (on-campus, external or online), regardless of the program mode of study they enrolled in.


CourseYear of program and semester
in which course is normally studied
Enrolment requirements
On-campus
(ONC)
External
(EXT)
Online
(ONL)
YearSemYearSemYearSem
ACC5000 Accounting Applications ±122
ECO5000 Economics for Managers 122, 3
LAW8500 Australian Commercial and Corporations Law ^11, 2Pre-requisite: Students must be enrolled in one of the following Programs: MPAC or MBAC or GDBS or MP12 or MPAE or MBPA or MPRM or MPJM or MPPM
Selective122
ACC8000 Research in Accounting Practice 21, 21, 2Pre-requisite: ACC5000 or ACC5202 Co-requisite: FIN5003
ACC5200 ~21, 21, 2
FIN5003 Decision Support Tools 211, 3
FIN8201 Corporate Finance 211, 3
ACC5215 Corporate Accounting 31, 21, 2Pre-requisite: (ACC5000 and ACC5200) or ACC5202
ACC5218 Auditing Practice 31, 21, 2Pre-requisite: ACC5202. Students in the MPAC and MBAC must also complete ACC8000.
ACC5216 Accounting Theory 31, 21, 2Pre-requisite: ACC5202. Students in the MPAC and MBAC must also complete ACC8000.
ACC5213 Management Accounting with a Strategic Perspective 311, 2Pre-requisite: ACC5202. Students in the MPAC and MBAC must also complete ACC8000.
ACC8801 Corporate Governance and Social Responsibility 422Co-Requisite: ACC5216
ACC8802 Strategic Applications of Management Accounting 422Pre-requisite: ACC5213
LAW5230 Taxation Law #411, 2, 3Pre-requisite: (ACC5202 or ACC5502 or ACC5216 or ACC5218) and (LAW8500 or LAW5201 and LAW5206)
ACC8105 Financial Statement Analysis411Pre-requisite: ACC5202

Footnotes
±First offer for this course is S2, 2018. Students commencing in S2, 2018 will be required to complete ACC5000 Accounting Applications instead of ACC8003 Accounting Information Systems and Controls.
^Students who have successfully completed LAW5201 Commercial Law, but not LAW5206 Corporations Law, must enrol in LAW8500 Australian Commercial and Corporations Law. Students who have successfully completed LAW5201 Commercial Law and LAW5206 Corporations Law must select an elective.
~First offer for this course is S1 2019.
#Students who have not completed CIS8000 Global Information Systems Strategy must enrol in ACC8003 Accounting Information Systems and Controls.

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Semester 2 intake - Springfield

Students are able to enrol in any offered mode of a course (on-campus, external or online), regardless of the program mode of study they enrolled in.


CourseYear of program and semester
in which course is normally studied
Enrolment requirements
On-campus
(ONC)
External
(EXT)
Online
(ONL)
YearSemYearSemYearSem
ACC5000 Accounting Applications ±122
ECO5000 Economics for Managers 122, 3
LAW8500 Australian Commercial and Corporations Law ^11, 2Pre-requisite: Students must be enrolled in one of the following Programs: MPAC or MBAC or GDBS or MP12 or MPAE or MBPA or MPRM or MPJM or MPPM
Selective122
ACC5200 ~21, 21, 2
ACC8000 Research in Accounting Practice 21, 21, 2Pre-requisite: ACC5000 or ACC5202 Co-requisite: FIN5003
FIN5003 Decision Support Tools 211, 3
FIN8201 Corporate Finance 211, 3
ACC5213 Management Accounting with a Strategic Perspective 311, 2Pre-requisite: ACC5202. Students in the MPAC and MBAC must also complete ACC8000.
ACC5216 Accounting Theory 31, 21, 2Pre-requisite: ACC5202. Students in the MPAC and MBAC must also complete ACC8000.
ACC8801 Corporate Governance and Social Responsibility 322Co-Requisite: ACC5216
ACC5215 Corporate Accounting 31, 21, 2Pre-requisite: (ACC5000 and ACC5200) or ACC5202
ACC8802 Strategic Applications of Management Accounting 422Pre-requisite: ACC5213
LAW5230 Taxation Law #411, 2, 3Pre-requisite: (ACC5202 or ACC5502 or ACC5216 or ACC5218) and (LAW8500 or LAW5201 and LAW5206)
ACC5218 Auditing Practice 41, 21, 2Pre-requisite: ACC5202. Students in the MPAC and MBAC must also complete ACC8000.
ACC8105 Financial Statement Analysis 411Pre-requisite: ACC5202

Footnotes
±First offer for this course is S2, 2018. Students commencing in S2, 2018 will be required to complete ACC5000 Accounting Applications instead of ACC8003 Accounting Information Systems and Controls.
^Students who have successfully completed LAW5201 Commercial Law, but not LAW5206 Corporations Law, must enrol in LAW8500 Australian Commercial and Corporations Law. Students who have successfully completed LAW5201 Commercial Law and LAW5206 Corporations Law must select an elective.
~First offer for this course is S1 2019.
#Students who have not completed CIS8000 Global Information Systems Strategy must enrol in ACC8003 Accounting Information Systems and Controls.