Australian National Institute of

Management and Commerce

Unit Outline
7 Weeks Non Award Unit Study

Unit Code & Name TACC601 (NA) Principles of Accounting

Year 2023
Term 2
Unit Coordinator Peter Zhang
Location Sydney

Australian National Institute of Management and Commerce (IMC)

CRICOS Code: 02491D | TEQSA PRV 12059 | Add: Suite 1, Biomedical Building, 1 Central Ave, Eveleigh NSW 2015
Tel: + 61 2 9209 4888 | Fax: + 61 2 9209 4887 | E-mail: info@top.edu.au | Web: www.imc.edu.au
Top Education Group Ltd ACN 098 139 176 trading as Australian National Institute of Management and Commerce (IMC)
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Introduction

Welcome to Australian National Institute of Management and Commerce (IMC) and TACC601 (NA)
Principles of Accounting. This document provides you with information relevant to the successful
completion of this unit including learning outcomes, schedule of lecture topics, prescribed texts and
recommended readings, assessment tasks and policies, examinations and learning support
facilities.

Academic Administration Office

The Non Award Academic Administration Office is located at Suite 1, Biomedical Building, 1 Central
Avenue. The administration office is your point of contact for advice, enrolment and access to
student support facilities. IMC’s staff is available to assist you personally during office hours.

Unit Description
This unit introduces students to the study of accounting principles in an Australian context. An
emphasis is placed on decision making in a business enterprise before consideration of external
reporting requirements. The topic areas covered in this unit include accounting for decision
making; accounting systems and processes; MYOB accounting; equity in business; accounting
regulation of assets and liabilities. In addition to the technical accounting knowledge students will
further improve their critical thinking, communication and problem-solving skills and learn how to
apply skills ethically and strategically.
AQF Level
The teaching, the required learning and assessments are conducted at Level 9 of the Australian
Qualifications Framework. https://www.aqf.edu.au/

Assumed Knowledge
There is no assumed knowledge because this is an introductory accounting unit.
Learning Outcomes

The learning outcomes (i.e. goals and objectives) of this unit are related to the learning outcomes of
the overall course (or program) of study. In turn, both unit and course learning outcomes are
designed to enhance each student’s acquisition of desirable graduate attributes. The table below
shows the alignment of unit learning outcomes with course learning outcomes and their contribution
to achieving graduate attributes.

Unit Learning Outcomes Course Learning Graduate Attributes

Outcomes achieved achieved
After successfully completing
this unit students will be able
to:
1. Interpret the nature of Acquire knowledge of Disciplinary knowledge and
accounting, identify the main contemporary accounting skills;
users of financial information practice.
Global perspective.
and critically analyse the role
of financial information in
economic decision making.
2. Demonstrate a clear Acquire knowledge of Disciplinary knowledge and
understanding of accounting contemporary skills.
concepts and a strong accounting theory;
mastery of processes
Acquire knowledge of
applicable to the double entry
contemporary accounting
accounting system.
practice.

Unit Learning Outcomes
3. Use journals, ledgers, and trial
balances to collate financial
information.
4. Prepare a set of statutory
financial statements useful for
making economic decisions.
5. Possess a clear understanding
of internal control systems and
efficient accounting systems
and their interaction and
integration.
6. Evaluate the Conceptual
Framework, analyse its
related accounting issues and
describe the regulatory
environment in which financial
accounting evolves.
7. Demonstrate awareness of
ethical issues faced by and
challenging accountants.
8. Use accounting software to
record business transactions,
conduct accounting
procedures and produce
financial reports.
Teaching Staff
Lecturer: Peter Zhang, peter.zhang@top.edu.au , +61 2 9209 4888
Class Times
Seminar: Monday 15:00 - 20:30 (online class)
It is expected that you will be punctual in arriving at classes. To facilitate learning and remove
disturbances to class you may be refused entry while the class is in progress, if you are more than
10 minutes late,
Course Learning
Outcomes achieved
Acquire knowledge of
contemporary accounting
practice;
Solve non-routine and
complex accounting and
business problems.
Acquire knowledge of
contemporary accounting
practice;
Solve non-routine and
complex accounting and
business problems.
Integrate theory to
commercial practice;
Apply knowledge and skills
ethically and strategically.
Apply theory to commercial
practice;
Research and find solutions
to accounting problems in
complex professional
settings.
Professional, ethical,
leadership and strategic
skills;
Apply knowledge and skills
ethically and strategically.
Acquire knowledge of
contemporary accounting
practice;
apply theory to commercial
practice.
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Graduate Attributes
achieved
Disciplinary knowledge and
skills.
Disciplinary knowledge and
skills.
Ethics and professional
responsibility;
Disciplinary knowledge and
skills;
Critical thinking;
Problem solving.
Disciplinary knowledge
and skills;
Critical thinking;
Research and enquiry;
Global perspective.
Ethics and professional
responsibility;
Critical thinking;
Leadership.
Disciplinary knowledge and
skills;
Problem solving;
Digital technologies.
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You are expected to demonstrate courtesy to the lecturer and other students by turning off your
mobile phone and any internet-connected device in class unless the lecturer permits their use for
teaching and learning purposes.

Teaching Strategy

The learning outcomes in this unit will be achieved through a combination of face-to-face classes,
supported by online learning resources through Moodle, Library resources and the availability of
staff consultation. Achievement of learning outcomes requires you to prepare for each class,
complete all assessment tasks and undertake adequate private study.

As a guide, you should expect to allocate 18 hours each week to study this unit adequately:
• 5.5 hours of seminars; and
• 12.5 hours of preparation and private study.

This is an intensive unit with a large amount of content. Students should be mindful of the
following points:
1. You will need to have the prescribed textbook.
2. It will be assumed that you will have viewed and read the prescribed material and attempted
practical exercises prior to the topics being covered in your seminars.
3. Online learning and support resources are available on www.moodle.com.au. Lecture slides
and other teaching resources will be available prior to the seminars.
4. Also, answers to practical questions will be available after each seminar and will be posted
on IMC’s Moodle site for this unit.

Prescribed and Recommended Readings:

Prescribed Textbook:
Hogget, J., Medlin, J., Chalmers, K., Beattie, C., Hellmann, A. and Maxfield, J. 2018, Accounting,
10th ed., John Wiley and Sons Australia Ltd
Neish, W. and Kahwati, G. 2015, Computer Accounting Using MYOB Business Software v19.10,
14th ed., McGraw-Hill Education
Recommended Reference Books:
• Tyler.J., Goodwin N.H., Alderman, C.W., Sivabalan,P., Sawyers R.B., Jackson,S.,
Jenkins, G. 2015, Accounting for Decision Makers, 2nd edition, The University of
Newcastle Australia. Cengage Learning
• Carlon, S., McAlpine, R., Lee, C., Mitrione, L., Kirk, N. & Wong, L. 2018, Financial
Accounting: Reporting, Analysis and Decision Making, 6th ed., John Wiley and Sons
Australia Ltd
• Financial Reporting Handbook 2018 Australia, CAANZ, Wiley
• Deegan, C. 2016, Financial Accounting, 8th ed., McGraw-Hill Australia
• Horngren, C., Harrison, W., Oliver, S., Best, P., Fraser, D., Tan, R. & Willett, R 2013,

Accounting, 7th ed., Pearson Education Australia

• Trotman, K., Carson, E. & Morgan, K. 2019, Financial Accounting: An Integrated
Approach, 7th ed., Cengage Learning Australia
• Weil, R. L., Schipper, K., & Francis, J. 2012, Financial Accounting: An Introduction to
Concepts and Methods and Uses, 14th ed., South-Western Cengage Learning
• Pabst, W. and Perrin, B. 2019 Accounting with MYOB AccountingRight Plus, 2nd ed.,
Cengage Learning Australia
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Journals:
• Accounting, Auditing & Accountability Journal
• Accounting and Business Research
• Accounting and Finance
• Accounting Horizons
• Australian Accounting Review
• Australian Financial Review
• Accounting, Organizations and Society
• The Accounting Review
• Charter Magazine (Chartered Accountants Australia and New Zealand)
• Critical Perspectives on Accounting
• Journal of Accountancy
• Journal of Accounting and Public Policy
• In the Black (CPA Australia)
• Qualitative Research in Accounting and Management
Additional Resources:
www.perdisco.com/au/myob/orderForm.aspx1
www.aasb.gov.au (Australian Accounting Standards Board – current and pending
accounting standards)
www.iasb.org.uk (International Accounting Standards Board)
www.iasplus.com
www.cpaaustralia.com.au
www.charteredaccountantsanz.com
www.pwcglobal.com.au

Assessment Tasks: Summary

Assessment tasks are an integral part of the learning framework. Assessment tasks are designed to
measure student progress in achieving competency in unit learning outcomes. Unless otherwise
stated, the pass mark in each assessment task is 50%.

Assessment type Week Proportion of Unit Learning

assessment total marks Outcomes assessed
is due

Assessment 1
Online Quizzes Weeks 1 – 6
(ongoing 10% LO 1-7
After class and on Moodle - assessment)
five quizzes in total

Assessment 2
MYOB individual Week 4 24% LO 2-4, 8
assignment

Assessment 3
Week 5 16% LO 7
Case Study (Individual)

1Please note, students are required to purchase the MYOB practice set from Perdisco website to complete their
major assignment. Students need to register first, then follow the instructions provided to download MYOB as well
as the instruction manual. Further instructions will be provided on Moodle.
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Assessment type Week Proportion of Unit Learning

assessment total marks Outcomes assessed
is due

Case Study on equity in

business, involving
accounting pr oc ess es
a n d ethical issues.
Individual assignment
tasks will be given in
week 3.

Assessment 4
Final Examination (Online
submission unless Week 7 50% LO 1-7
otherwise notified later on)

Assessment Tasks: Details

Assessment 1
Online Quizzes (10%)

Purpose, description Purpose: The purpose of this assessment is to monitor and

and topics covered formally assess students’ performance throughout the semester.
Description: Students should attend w e e k l y seminars to
acquire the knowledge and skills required for each online quiz.
Online Quizzes will count a total of 10 marks with each quiz worth
2 marks.
Topics to be covered: Knowledge and skills from weeks 1 to 6
Assessment length After-class assessments on Moodle (5 online quizzes in total)

Structure: Combination of multiple-choice questions (MCQ) and

short answer questions.

Duration: 40 minutes for each quiz with one trial only.

Criteria to grade quality Marks will be awarded based on the correctness of answers to the
questions in quizzes.

Submission method Online submission – on date of quiz.

Return method Students will see the mark awarded right after each quiz.
Feedback provided Students will see the mark awarded right after each quiz.
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Assessment 2
MYOB Individual Assignment (24%)

Purpose, description
and topics covered Purpose: Develop students’ skills in using of one of the most widely
adopted accounting software packages. Students can apply modern
technology to process transactions, manage an accounting system
and generate financial reports, and other special purpose reports for
management decision making.

Description: In this MYOB based assignment, students are

required to demonstrate their comprehensive understanding of the
most useful functions of MYOB software package.

Besides, students are required to analyze a list of transactions as

an input of the system, record/process those transactions and
produce the required financial reports using MYOB package.

Furthermore, students are required to provide a piece of writing (with

a word limit of 400) on how to use MYOB software to generate some
of the special purpose reports for particular business management
decision-making.

Topics to be covered: Weeks 1 - 3

Assessment length N/A

Criteria to grade quality Six criteria will be used to assess the project:
1. Demonstrated an understanding of MYOB functions.
2. Critically evaluate the transactions provided.
3. Accuracy of input data.
4. Use the software according to the instructions from the
manual provided.
5. The quality of financial report produced.
6. The quality of the piece of writing provided.

Submission method An electronic copy of the assignment must be submitted via the
Peridisco assignment submission links provided on Moodle by
23:59 of Week 4’s Saturday.
The piece of writing is submitted on Turnitin.
Return method Students will be able to see their respective marks achieved on
Moodle before week 6 class. However, the marked assignment
is not returned.

Feedback provided A soft copy of the detailed marking sheet showing student’s marks
achieved can be obtained upon request.
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Assessment 3 Case Study (Individual Assignment) (16%)

Purpose, description Purpose: To engage students with a selection ethical issues in a

and topics covered business within an accounting for equity context. Students are
encouraged to develop independent critical thinking, analytical
ability and research skills.

Description: Assignment marks will be awarded to students who

are aware of those ethical issues faced with in a business setting
within an accounting context and can demonstrate their
independent critical thinking capabilities in demonstrating
understanding and resolution of ethical matters that can face
accountants.

Electronic copies in word version of the assignment work must be

submitted via Turnitin. A link will be provided on the Moodle page
for this unit.

Topics to be covered: Weeks 1 - 4

Assessment length Case studies will be given in Week 2 of the term. All written
reports are due in Week 10 and have a 2000-word limit.

Criteria to grade quality Assessment criteria

1. Research, analysis and interpretation of data
relevant to a particular case study.
2. Exercise independent thinking and judgement to
provide a recommendation on a given scenario.
3. Application of knowledge and skills in a professional
and ethical context.
4. Demonstrate understanding of principles of equity in
business and accounting contexts.

Submission method Online submission through Moodle using the Turnitin system with a
plagiarism detection software before 23:59 of Week 5’s Saturday.

A Cover Sheet for Individual Assignment incorporating plagiarism

declaration) is available at unit Moodle site. The Cover Sheet must
be signed and submitted with the assignment. This affirms that the
student has read and understood the Student Academic Integrity
Policy.

Academic misconduct, including plagiarism, cheating and third‐

party assistance, is a serious offence and students will be severely
penalised in any proven case.
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Return method Students will be able to see their respective marks achieved on
Moodle before week 7 examination. However, the marked
assignment is not returned.

Feedback provided A soft copy of the detailed marking sheet showing student’s marks
achieved can be obtained upon request.

Assessment 4 Final Examination (50%)

Purpose, description Purpose: Final examination provides students with an

and topics covered opportunity to c o m p r e h e n s i v e l y demonstrate their grasp
of accounting concepts and principles learned and their mastery of
accounting practical skills developed during the semester.

Description: A three-hour final examination for this unit will be held

during the Top Education Institute Examination period. The
questions for the final examination will be sourced from any of the
topics covered during the term of the unit.

The structure of the final examination is as follows:

Part A: 10 conceptual based multiple-choice questions (10 marks);
Part B: 4 theoretic short answer questions (25 marks);
Part C: 3 practical questions (65 marks).
The 100-mark final exam paper is then scaled down to 50 marks for
the unit.

Topics to be covered: weeks 1- 6

Assessment length 3 hours plus 10 minutes reading time.

Criteria to grade quality

Using set final exam solutions/marking guide to assess students’:

• correctness of their answers to the multiple-choice questions;

• appropriateness of their answers to theoretic short answer
questions;
• numeral accuracy of the calculation answers to practical
questions;
• demonstration of correct accounting process related to the
examined topical questions.

Submission method Online submission during Australian Institute of Management and

Commerce’s examination period (unless otherwise notified later on)
Return method N/A
Feedback provided No feedback is to be provided.
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Assessment Tasks: General Information

(a) Late submission of assignments: It is IMC policy that assignments cannot be submitted late
without prior approval of the unit coordinator and only in extenuating circumstances
supported by evidence. Assignments submitted late without prior approval will not be
graded.
(b) Sample final examination. A sample final examination paper with answers can be
obtained from library for this unit.

Schedule of Topics

Topics Readings Special Instructions

Decision making Chapter 1*

Week 1 and the role of Online Quizzes (weeks 1-
accounting 6)
Chapter 2
Financial statements
for decision making

Week 1 Recording Chapter 3

transactions

Week 2 Adjusting the accounts Chapter 4

and preparing
financial statements

Week 2 Completing the Chapter 5

accounting cycle

Accounting systems Chapter 7

Week 3

Computer Accounting Using

Week 3 MYOB Accounting MYOB**

Regulation and the

Week 4 Conceptual Chapter 10
Framework

Week 4 Partnerships: Chapter 8 MYOB Assignment due

formation, operation
and reporting Submission of writing via
Turnitin

Companies: Chapter 9
Week 5 formation and
operations
Chapter 17
Week 5 Presentation of Case Study Assignment
financial statements due: submission through
Turnitin
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Statement of cash
Week 6 flows Chapter 18

Unit Revision

Week 7 Final Examination Final Exam

* Hogget, J., Medlin, J., Chalmers, K., Beattie, C., Hellmann, A. and Maxfield, J. 2018, Accounting,
10th ed., John Wiley and Sons Australia Ltd

** Neish, W. and Kahwati, G. 2015, Computer Accounting Using MYOB Business Software v19.10,
14th ed., McGraw-Hill Education

Weekly Assignments

Chapter 1*
Week 1 Discussion Questions: 1 - 13
Exercises: 1.1 - 1.13

Chapter 2
Discussion Questions: 1 – 15
Exercises: 2.1 - 2.15
Chapter 3
Week 1 Discussion Questions: 1 - 10
Exercises: 3.1 - 3.14
Chapter 4
Week 2 Discussion Questions: 1 - 10
Exercises: 4.1 - 4.15
Chapter 5
Week 2 Discussion Questions: 1 - 10
Exercises: 5.1 - 5.15
Chapter 7
Week 3 Discussion Questions: 1 - 10
Exercises: 7.1 - 7.15

MYOB Accounting practice (I) **

Week 3 MYOB Accounting practice (II) **

Chapter 10
Week 4 Discussion Questions: 1 – 13
Exercises: 10.1 - 10.15
Chapter 8
Week 4 Discussion Questions: 1 – 10
Exercises: 8.1 - 8.15
Chapter 9
Week 5 Discussion Questions: 1 – 9
Exercises: 9.1 - 9.15
Chapter 17
Week 5 Discussion Questions: 1 – 10
Exercises: 17.1 - 17.11
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Chapter 18
Week 6 Discussion Questions: 1 - 10
Exercises: 18.1 - 18.15

Unit Revision

Week 7 FINAL EXAMINATION

* Hogget, J., Medlin, J., Chalmers, K., Beattie, C., Hellmann, A. and Maxfield, J. 2018, Accounting,
10th ed., John Wiley and Sons Australia Ltd

** MYOB: During the interactive demonstration of Perdisco MYOB practice set, students should
bring their personal laptops with installed MYOB accounting software. The instruction manual
regarding installation and pre-work to do prior to attending the lecture will be provided on Moodle
beforehand.

Requirements to Pass the Unit

To achieve a passing grade in this unit a student must:

(a) Attempt all within-term assessment tasks to the satisfaction of the lecturer-in-charge;
(b) Attend the final examination and submit a completed examination script; and
(c) Achieve an overall mark of at least 50% in the unit.

Grades

A final grade and mark will be awarded in the unit as follows:

Grade %Mark
High Distinction (HD) 85 - 100
Distinction (D) 75 - 84
Credit (CR) 65 - 74
Pass (P) 50 - 64
Fail (F)* 00 - 49

*The alternate grades of Fail Absent, Fail Incomplete and Fail Withdrawn may be awarded in
appropriate circumstances.

The definition and interpretation of the above grades can be found in Assessment Policy and
Procedure (Coursework) on IMC’s website at http://www.top.edu.au/current-students/top-policies-
and-procedures

Academic Integrity Module (AIM)

All IMC students are required to complete the Academic Integrity Module (AIM) before submitting
their first assignment in their first unit of study (which may be this unit or another unit). AIM is an
online module available through Moodle that introduces the principles of ethical academic practice
and IMC’s values and expectations of correct academic conduct. There are no credit points
awarded for completing AIM, but your successful completion of the module will be recorded on your
Academic Record for future reference. If you have not completed AIM by week 6, your results for
the assignment will be withheld. Students are asked to attach the email confirmation of successful
completion to their first assignment.
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Recent Changes to this Unit

This unit is revised to include an introduction to the accounting software package MYOB, which will
demonstrate how to use the module-based functions of the software in processing accounting
transactions and producing financial reports.

A prescribed text and a recommended reference book are both added to provide students with
sufficient instructions on using the MYOB software package.

A major assignment has also been added to assess students' capabilities of using the MYOB software
package to record business transactions and produce financial statements, all of which are designed
to contribute in an integrated way to the achievement the newly added learning outcome (LO) 8.

Online Learning Support

A great deal of online learning support is provided. A list of subject-specific and general information
guides containing the best databases and resources available are accessible via the Library
website: library.top.edu.au. The online Library Course available on Moodle is useful for learning
about available services and how to successfully conduct research. Many useful support materials
can also be located within the Academic Skills Development Module on Moodle.

For more information or further support, please contact our English Language and Academic Skills
Coordinator at learning@top.edu.au

Academic English Support Program

An extensive Academic English program is provided. This program is aimed at developing skills and
understanding of the rules and conventions that form the basis of academic work. The program
includes:

• The Academic Skills Development Module (available on Moodle)

• Academic English and Study Skills workshops held throughout the term
• Individual consultations available by appointment
• Academic English Support Guide (available via the online Library)
If you have any queries or would like to book a consultation, please contact our English Language
and Academic Skills Coordinator at learning@top.edu.au

Early Intervention for Students at Risk

Your performance within each teaching period will be monitored to assist you towards successful
completion of the units in which you are enrolled. Students whose performance is such that they are
deemed to be at risk of not successfully completing the unit will be identified through IMC’s early
intervention strategy. Indicators of students at risk of not successfully completing the unit include:
• Not attending lectures and/or tutorials
• Not performing adequately in assessment tasks
• Lack of engagement in the learning process
• Poor language skills
Where you are identified as being at risk of failure, you will be advised by IMC of an appropriate
remedial strategy and provided access to support services appropriate to your needs.
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Policy on Special Consideration for Examinations

Students may apply for a Special Consideration when they are unable to sit an examination or if
their performance in the examination is severely affected by extraordinary circumstances beyond
their control. Students are not allowed to decide whether they will sit an examination or not, they
may only apply for special consideration when they have evidence that they could not sit for the
exam (see below). Please note:

• Misreading the examination timetable is not sufficient reason for the award of Special
Consideration.
• Sitting consecutive exams (e.g. two exams on one day) is not a sufficient reason for the
awarding of Special Consideration.

Acceptable evidence of a student’s inability to sit an exam, or a severe adverse effect on their
performance in an examination, include a stamped medical certificate with the date of consultation,
the state or extent of the medical condition, and the period covered by the doctor’s certificate. IMC
administration staff will contact the medical professional’s office to verify the authenticity of the
certificate. Only medical certificates that involved a personal (not online) consultation with a medical
professional will be accepted.

An application form for Special Consideration is available from Moodle. Applications for Special
Consideration must be received by the IMC Academic Administration Office no later than five (5)
working days after the last day of the examination period.

If Special Consideration is deemed to apply in a final examination, in normal circumstances a

student will be permitted to sit a Supplementary Examination. For mid-term exams, the unit
coordinator has the discretion to determine how Special Consideration, if granted, will be applied.

A student can take only one supplementary examination in this unit each term.

Re-sit Assessment Task

If a student has achieved an overall mark between 40% and 49%, or a Fail Incomplete grade with
an aggregate mark of at least 40%, a re-sit assessment task may be prescribed by the lecturer-in-
charge to determine whether acceptable competency in expected learning outcomes has been
achieved. The assessment will typically be in the form of a re-sit final examination but might be
another form of re-sit assessment if the student has performed satisfactorily in the first attempt at
the final examination.

Student Satisfaction Survey

At the end of each term, students will be asked to complete a Student Satisfaction Survey. Student
responses will assist IMC and its teaching staff in making improvements to teaching and learning
content and processes. The survey will include questions about unit content, the assessment
system, teaching quality and other items. Students will also have an opportunity to make open-
ended comments. Student evaluations are important to IMC and are taken seriously. All student
evaluations are anonymous to ensure privacy.

Academic Misconduct

(a) Plagiarism

Plagiarism is the use of another person’s ideas or work without appropriate acknowledgement or
credit. Plagiarism may be intentional or unintentional.

Intentional plagiarism is deliberately using text, ideas or concepts attributable to another person
obtained from any source (including internet sources) without referencing the author and the
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publication. Intentional plagiarism is a serious matter, amounting to academic fraud. Student work
established and proven as containing intentional plagiarism will result in a zero grade and be
reported to the Dean of School. The student’s enrolment in the unit will be reviewed.

Unintentional plagiarism may occur if you do not understand appropriate ways of acknowledging
sourced reference materials. If you are unsure, you should consult the lecturer, IMC’s academic
skills coordinator and available publications to learn how to reference appropriately.

All written assignments must be submitted online through the Turnitin anti-plagiarism software
(unless otherwise advised by the lecturer). The link for Turnitin can be found on IMC’s Moodle site.

(b) Cheating

Cheating is an attempt to gain an unfair advantage over other students. Cheating includes copying,
plagiarism and third-party assistance in preparing assignments. All work submitted must be a
student’s own work. In an exam, cheating includes communicating with anyone other than
supervisors during the exam period and the use of dictionaries, electronic devices, books or notes in
the exam room where these not authorised. Cheating in any form will not be tolerated at IMC. Any
student caught cheating on an examination will be given a FAIL grade in that unit, and the incident
will be reported to the Dean of School for further action.

(c) Third party assistance

Academic misconduct includes the submission of work that has been prepared or assisted by a third
party (e.g. through the purchase of assignment submissions). Where a lecturer has evidence that a
submitted assignment is not the student’s own work, the lecturer may interview the student to
ascertain whether third-party assistance has been obtained and, if so, report the incident to Dean of
School for further action to be determined.

Students are required to read and understand IMC’s Academic Integrity Policy and ensure that all
the work complies with the policy before submitting assessments. The policy is available at
http://www.top.edu.au/current-students/top-policies-and-procedures
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GRADUATE ATTRIBUTES

Graduate attributes are human characteristics that IMC endeavours to develop in its students as
they progress through a program of higher education. Graduate attributes nurtured within IMC’s
environment of advanced learning are integrity, capability, curiosity, and responsibility. Graduate
attributes are fostered through a framework of learning outcomes starting with graduate learning
outcomes (or goals), through to course and unit learning outcomes (or goals). The learning
outcomes framework, together with unit content and assessments that encourage and measure the
achievement of learning outcomes are aligned to assure competencies are achieved at each level.
IMC expects its graduates to have achieved a measure of each of the four graduate attributes
through completion of any of IMC’s AQF Level 7 or higher-level courses.

Graduate Graduate Learning Outcomes (GLO)

Attributes (GA)

A. Integrity 1. Act honestly, ethically and morally in personal and work contexts.

2. Manage personal and professional development to maintain

discipline knowledge and skills

B. Capability 3. Apply discipline knowledge, principles, concepts and skills

4. Think critically, analytically, creatively, strategically and reflectively

5. Solve problems and make sound decisions based on theoretical

foundations and discipline-specific knowledge

6. Apply interpersonal skills to work constructively as a team member

7. Communicate effectively in personal and work contexts

8. Engage with transformative digital technologies

C. Curiosity 9. Commit to continuous learning and intellectual curiosity

10. Derive knowledge through systematic and scientific methods of

enquiry

D. Responsibility 11. Apply knowledge and skills in a manner that demonstrates national,
international and intercultural awareness and understanding

12. Take leadership roles in the workplace and community, and engage
constructively on local, national and global issues
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COURSE LEARNING OUTCOMES

MASTER OF PROFESSIONAL ACCOUNTING and

MASTER OF PROFESSIONAL ACCOUNTING SERVICES

Short form descriptor

of course learning
Learning Outcomes for the Course
outcome
(for use in unit outlines)
KNOWLEDGE 1. An understanding of contemporary theory Acquire knowledge of
underpinning accounting as a contemporary
professional discipline. accounting theory
Graduates of the
MPA/MPAS will 2. Knowledge of contemporary accounting Acquire knowledge of
have: practices as used in the accounting contemporary
profession both nationally and accounting practice
internationally.
3. Knowledge of related disciplines as they Acquire discipline-
apply to accounting, especially the related knowledge
disciplines of law, finance, economics and
statistics.
4. Knowledge of research principles and Acquire knowledge of
methods relevant to analysing, resolving research principles and
and reporting on complex accounting and methods
related problems.
SKILLS 5. Cognitive skills to identify appropriate Solve non-routine and
bodies of knowledge applicable to solving complex accounting
non-routine and complex problems in and business problems
Graduates of the
accounting and related fields.
MPA/MPAS will
have: 6. Cognitive, technical and creative skills in Apply theory to
accounting to synthesise complex commercial practice
information and apply relevant theory to
develop appropriate strategic, legal and
ethical responses to commercial issues.
7. Advanced technical research skills to Research and find
investigate complex accounting problems solutions to accounting
and arrive at practical solutions in a problems in complex
professional and commercial context professional settings
consistent with legal requirements and
ethical standards.
8. Communication skills to inform, discuss Communicate
and manage stakeholder interests in effectively in
professional and commercial settings. professional settings

9. Advanced professional capabilities, Professional, ethical,

ethical frameworks, leadership skills and leadership and
strategic thinking skills suitable for strategic skills
professional and commercial practice,
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APPLICATION OF 10. In accounting and related fields with Apply knowledge and
KNOWLEDGE strong ethical, leadership and strategic skills ethically and
AND SKILLS purpose. strategically
11. With creativity and initiative to new Apply knowledge and
Graduates of the situations in accounting practice. skills creatively
MPA/MPAS will
demonstrate the 12. To plan and complete tasks requiring Apply technical
application of technical research ability. research knowledge
knowledge and and skills
skills: 13. In both team and individual work settings Apply knowledge and
with a high level of personal autonomy skills with accountability
and accountability.
14. In a life-long learning context to maintain Maintain knowledge
comprehension and currency of the body and skills through life-
of accounting knowledge. long learning.