Graduate Diploma of Professional Accounting and Law

2020 Deakin University Handbook

Note: You are seeing the 2020 view of this course information. These details may no longer be current. [Go to the current version]
Year

2020 course information

Award granted Graduate Diploma of Professional Accounting and Law
Course Map

This course map is for new students commencing from Trimester 1 2020.

This course map is for new students commencing from Trimester 2 2020.

This course map is for new students commencing from Trimester 3 2020.

Course maps for commencement in previous years are available on the Course Maps webpage or please contact a Student Adviser in Student Central.

Cloud CampusNo
Duration1 year full-time or part-time equivalent
CRICOS course code099102J Burwood (Melbourne)
Deakin course codeM649
Approval statusThis course is approved by the University under the Higher Education Standards Framework.
Australian Qualifications Framework (AQF) recognition

The award conferred upon completion is recognised in the Australian Qualifications Framework at Level 8.

Final offering for this course is Trimester 3 2020.

Course sub-headings

Course overview

Deakin’s Graduate Diploma of Professional Accounting and Law is designed for graduates who need specialist legal knowledge in their roles (regulatory, compliance or risk management positions), and who wish to combine this knowledge with an accounting qualification.

Graduates will have gained a solid grounding in accounting and commercial law, through undertaking a selection of specialised accounting and law elective units. You may then be eligible to articulate into the Master of Professional Accounting and Law.

Indicative student workload

As a student in the Faculty of Business and Law, you can expect to participate in a range of teaching activities each week. This could include classes, seminars, practicals and online interaction. You can refer to the individual unit details in the course structure for more information. You will also need to study and complete assessment tasks in your own time.

Professional recognition

The course offers graduates units of study recognised by professional accounting bodies such as the CPA Australia, the Institute of Public Accountants, Chartered Accountants Australia and New Zealand and exemptions from the Association of Chartered Certified Accountants (ACCA).

Students who wish to enter the:

CA Program of the Chartered Accountants Australia and New Zealand (CA ANZ)
Associate membership for the CPA Program, CPA Australia
IPA Program of the Institute of Public Accountants (IPA) and
Exemptions may apply for the Association of Chartered Certified Accountants (ACCA)

Students are advised that it is their responsibility to ensure that they take the appropriate units required for entry.

Students who have completed prior undergraduate or graduate units in accounting or other core knowledge areas are advised to have their qualifications assessed by their preferred professional organisation to ensure they complete the correct units.

Please note: The eligibility of students for membership of any of the accounting accrediting bodies is subject to meeting the requirements of that body and that Deakin makes no representations that individuals will meet those requirements.

Career opportunities

Graduates of this course would typically seek employment in areas of accounting such as financial accounting, auditing, taxation, management accounting, public sector accounting, forensic accounting or commercial law. However accountants can choose to work in a range of different environments depending on their own skills and preferences. They can choose to work in large firms, small public practices, industry, government, law firms, management consultancies, banking and financial services, not-for-profit organisations (NPOs) or educational organisations. Many also set up their own businesses.

Given the fundamental shift of accountants towards a wide-ranging advisory role, career opportunities are also becoming available in other vocations including working as financial planners, investment advisers, market analysts, tax consultants, advisers in mergers and acquisitions, in corporate recovery and insolvency, treasury banking, e-commerce or information technology.

Participation requirements

Units in this course may have participation requirements that include compulsory placements, work-based training, community-based learning or collaborative research training arrangements.

Elective units may be selected that include clinical units (MLM718), which require compulsory attendance.

Reasonable adjustments to participation and other course requirements will be made for students with a disability. Click here for more information.

Mandatory student checks

Units which contain work integrated learning, a community placement or interaction with the community may require a police check, working with children check or other check. These requirements will be detailed in unit guides upon enrolment.

Fees and charges

Fees and charges vary depending on your course, your fee category and the year you started. To find out about the fees and charges that apply to you, visit the Current students fees website.

Course Learning Outcomes

Graduate Learning Outcome Course Learning Outcome
Discipline specific knowledge and capabilities Demonstrate conceptual knowledge of accounting and legal issues and applications to complex real-world problems
Communication Draft and present user-friendly reports that clarify the merits and weaknesses of alternate solutions and makes defensible recommendations
Digital literacy Not explicitly addressed as a learning outcome in this award
Critical thinking Identify potential alternative solutions and evaluate both financial and legal aspects to such solutions
Problem solving Determine ways to resolve practical constraints through appropriate match with the potential accounting and legal remedies
Self-management Not explicitly addressed as a learning outcome in this award
Teamwork Not explicitly addressed as a learning outcome in this award
Global citizenship Not explicitly addressed as a learning outcome in this award
   

 

Course rules

To complete the Graduate Diploma of Professional Accounting and Law, students must complete the compulsory 0-credit point units, the online induction on foundations of law (MLM070 Academic Induction for Professional Accounting and Law) and MAI010 Academic Integrity  within their first trimester, and attain a total of 8 credit points consisting of 2 credit points of core units, 3 credit points of Accounting elective units and 3 credit points of Law elective units chosen from a list.

Most units (think of units as 'subjects') are equal to 1 credit point.

Course structure

Compulsory 0-credit point units

To be completed in the first trimester of study:-

MAI010Academic Integrity

MLM070Academic Induction for Professional Accounting and Law

Course structure

Elective units

Select 3 credit points of units from the Accounting elective list:

Accounting electives:

MAA703Accounting for Management 1,2,4

MAA705Corporate Auditing 2,3,4

MAA716Financial Accounting 1,2

MAA725Advanced Accounting Principles and Practice 1,2

MPE781Economics for Managers 1,2

MPF753Finance 1,2,4

MPM701/MPM701ABusiness Process Management *

* MPM701A is a Start Anytime unit

Plus 3 credit points of units from the Law elective list:

Law electives:

MLC703Principles of Income Tax Law

MLC713Corporate Insolvency Law and Policy

MLC709Business Taxation Law and Policy

MLM717Financial Services Regulation

MLM727Superannuation Law and Policy

MLM731Corporations Law

Notes:
1 Required by CPA Australia for Associate (foundation level) Membership.
2 Required by the Chartered Accountants Australia and New Zealand for entry to the CA Program.
3 For candidates who have completed an accredited degree in Australia, this unit may be taken as part of the CPA program. Other students must complete the unit before becoming an Associate Member of CPA Australia.
4 For candidates who would like to obtain exemptions to the ACCA program.

Course structure

Core units

MLC707Business Law 1,2,4

MPA701Accounting 1,2

 

# Online Induction is compulsory for all students. The Induction is available at Cloud Course Site. All students must complete the online induction on foundations of law within the first trimester of their enrolment. Upon successful completion of the induction, student services are automatically notified and students receive an acknowledgement of their competition of induction.

Notes:

1 Required by CPA Australia for Associate (foundation level) Membership.
2 Required by the Chartered Accountants Australia and New Zealand for entry to the CA Program.
3 For candidates who have completed an accredited degree in Australia, this unit may be taken as part of the CPA program. Other students must complete the unit before becoming an Associate Member of CPA Australia.
4 For candidates who would like to obtain exemptions to the ACCA program.

Work experience

This course does not require students to complete compulsory work integrated learning units.

Other course information

Course duration - additional information
Course duration may be affected by delays in completing course requirements, such as accessing or completing work placements.

Further information

Student Central can help you with course planning, choosing the right units and explaining course rules and requirements.