Skip to main content

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 

Back to top

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 

Back to top

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.

Back to top

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.

Back to top

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.


Back to top

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.

Back to top

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.

Back to top

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.

Back to top

Program completion requirements

Course   Semester of offer
Distance/Online 
Semester of offer
Toowoomba campus 
Semester of offer
Springfield campus 
Enrolment requirements 
ACC5202 Accounting*  Pre-requisite: Enrolment in an approved postgraduate program.  
ACC5200 ~  1, 2  1, 2  1, 2   
ACC5213 Management Accounting with a Strategic Perspective  1, 2    Pre-requisite: ACC5202 . Students in the MPAC and MBAC must also complete ACC8000.  
ACC5215 Corporate Accounting  1, 2  Pre-requisite: ACC5202  
ACC5216 Accounting Theory  Pre-requisite: ACC5202 . Students in the MPAC and MBAC must also complete ACC8000.  
ACC5218 Auditing Practice  1, 2    Pre-requisite: ACC5202 . Students in the MPAC and MBAC must also complete ACC8000.  
ACC8000 Research in Accounting Practice  1, 2  1, 2  Co-requisite: ACC5202 Accounting  
ACC8003 Accounting Information Systems and Controls#  1, 2  Pre-requisite: ACC5202  
ACC5000 Accounting Applications±  1, 2  1, 2  1, 2   
ECO5000 Economics for Managers  2, 3  Other requisites: There are no prerequisites for this course. This course will require an ability to read graphs, charts and tables. There are no advanced mathematical requirements for this course. 
FIN5003 Decision Support Tools  1, 3   
FIN8201 Corporate Finance  1, 3   
LAW5230 Taxation Law  1, 2, 3  Pre-requisite: (ACC5202 or ACC5502 or ACC5216 or ACC5218) and (LAW8500 or LAW5201 and LAW5206)  
LAW8500 Australian Commercial and Corporations Law^  1, 2      Pre-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 .  
ACC8105 Financial Statement Analysis  Pre-requisite: ACC5202  
ACC8801 Corporate Governance and Social Responsibility  Co-Requisite: ACC5216  
ACC8802 Strategic Applications of Management Accounting  Pre-requisite: ACC5213  
Select one of the following electives:ǁ 
CIS8000 Global Information Systems Strategy  1, 2  1, 2  Other requisites: Students enrolling in CIS8000 are expected to have an assumed knowledge of fundamental concepts of information systems and their application in organisations such as mainstream software applications, databases, computing hardware, networks, cloud computing, social media and an appreciation of the related issues of information systems project management, security, privacy and ethics. 
FIN8202 Financial Markets and Instruments      Pre-requisite: FIN8201  
LAW8118 International Business Law      Pre-requisite: Enrolment in a postgraduate program. 
MGT8033 Leading Organisational Change  1, 2     
MGT8037 Team Leadership       
PRL5002       Other requisites: Students will require access to e-mail and have internet access to UConnect for this course. 
PRL8005       Other requisites: Students will require access to e-mail and have internet access to UConnect for this course. 

Footnotes
*Final offer for this course is S1 2018.
~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.
±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.
ǁStudents may choose other postgraduate courses with the approval of the Faculty of Business, Education, Law and Arts.
This course is offered in odd-numbered years only.

Back to top

Required time limits

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

Back to top

IT requirements

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

Back to top

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.

Back to top

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 pattern

Back to top

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.

Please refer to the Program Completion Requirements.