What is an Advanced Master of Professional Accounting?
The Master of Professional Accounting (Advanced) is an extended course ideal for international students. Designed to meet global demand for high-quality graduates in accounting, it integrates theoretical and technical knowledge of financial and management accounting, auditing, finance, economics, quantitative methods information systems, business law and taxation. Completing a Master of Professional Accounting equips you with strong accounting and business knowledge.
Learning outcomes
- Interpret and apply rules, regulations and theories to a range of complex professional situations.
- Communicate accounting advice and knowledge to stakeholders across an organisation.
- Solve diverse accounting problems in an array of contexts and situations.
- Stay at the forefront of accounting research, laws and software for best practice.

Industry software certified
This course is designed in collaboration with SAP, giving you the opportunity to become SAP-certified.

Industry software certified
This course is designed in collaboration with Xero, giving you the opportunity to become Xero-certified.
This is an AQF Level 9 course delivered by Torrens University Australia Ltd.
* For more details on international student study options.
Subjects and units
International students must not enrol in more than one-third (33%) of online subjects over their course, and must study at least one face-to-face subject each study period. Please note that due to COVID-19, authorities have provided exceptions to the usual face-to-face learning requirements. For more information, visit Study in Australia.
International students on a student visa are required to study full time (i.e. must complete a minimum of 1.0 EFTSL of study per year). For the latest information on study locations, please check the entry requirements flyer.
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Year 1
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Year 2
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Electives
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Accounting Information Systems | ACCT6001This subject covers the nature, role and benefits of information systems in business and how it can assist in management decision-making. Focus is given in the Accounting Information Systems. The business processes, internal controls, and auditing of accounting information systems, ethics and cybercrime are also explored.
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Accounting Fundamentals | ACCT6002This subject introduces students to accounting systems and processes, leading to an understanding of how financial transactions are recorded and reported. The subject involves the preparation of different forms of financial statements and the interpretation of financial statements.
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Managing Finance | FINA6000This subject introduces students to a range of financial decisions that management make and various types of information required for internal decision making and for evaluating outcomes of decisions. Students will learn how to apply finance theory and techniques to solve major financial problems. The subject covers topics on goals and governance of the firm, time value of money and its application in valuation, risk and return, capital budgeting, capital structure and cost of capital, working capital management and payout policy.
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Financial Accounting Processes | ACCT6003This subject expands on the financial accounting concepts and practices introduced in Accounting Fundamentals and develops skills in computerised accounting. It also introduces the regulatory environment for financial reporting in Australia, the purpose and interpretation of accounting standards, and application to non-current assets, liabilities, revenue the issue of shares and debentures and cash flow statements.
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Statistics for Financial Decisions | STAT6003
This subject covers the role of statistical analysis in decision making for accounting and finance professionals. It is divided into descriptive and inferential statistics. Students will learn about statistical techniques for the quantitative evaluation of data in decision making for accounting, finance and business applications. Students will develop analytical and statistical skills through Excel data analysis to manipulate data into meaningful information for the purpose of decision making. Students will also learn to interpret statistical results and communicate their statistical analysis in business reports.
Topics covered include: Qualitative techniques for data collection and investigation, Descriptive statistics including graphical and numerical presentation of data, Inferential statistics including probability theory, probability distributions, sampling distributions and parameter estimation; hypotheses testing; simple and multiple linear regression and correlation; time-series analysis and forecasting for cross section and longitudinal data; index numbers.
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Business and Corporate Law | LAW6000This subject provides an introduction to the Australian legal system and general legal knowledge with respect to the creation, operation and discharge of contracts. The methods by which a business may be carried on are examined including companies. The role and application of the Corporations Act 2001 (Cwlth), the regulatory environment for companies in Australia, the procedures for starting, operating and winding up a company are also covered.
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Financial Accounting Theory and Practice | ACCT6007This subject involves the critical evaluation and application of accounting standards and covers the theoretical principles and concepts underlying accounting practice. The focus is on the conceptual framework of accounting and its application to contemporary accounting practice. It includes a critical review of current national and international developments in accounting and financial reporting. It also provides the opportunity for students to apply research skills to this cohesive body of knowledge.
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Economic Principles | ECON6001Business leaders are expected to make considered and rational decisions that take cognisance of the complex competitive and often volatile environment in which they operate. This course explains the micro and macroeconomic context needed for making these decisions. It also outlines how institutions, particularly the government and regulatory authorities, shape and constrain that environment. By the end of the course, students will be able to use economic theories to help them make decisions about the optimal allocation of business resources and to understand the potential impact of regulatory and economy-wide changes to their business environments.
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Management Accounting | ACCT6004This subject covers the application of numerical and analytical skills to budgeting and forecasting, product and service costing, planning and control, performance evaluation, and the management of working capital. It also introduces the role and purpose of strategic management accounting and will include a discussion of accounting systems and their application in preparing internal financial reports.
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Company Accounting | ACCT6005This subject will expand on financial accounting concepts and focus on accounting and reporting issues for corporate entities operating within Australian, using the Australian Accounting Standards. This will include the accounting for a group of companies operating under common control including the tax effects required on consolidation. This subject also examines joint venture accounting and segment reporting by diversified entities.
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Taxation Law | LAW6001
This subject provides an overview of the fundamental rules and principles of the Australian taxation law and its application to individuals and businesses operating within Australia. Students will learn about the principals underlying taxation of individuals including assessable income concept, the role of deductions and tax offsets when determining tax, taxation of capital gains, tax impact of salary packaging and termination payments. The taxation of entities, partnerships, companies and trusts introduces students to the key features of each structure and to the tax treatment of each entity and their associated entities. The subject will also address other taxes impacting financial advice such as fridge benefits tax, goods and services tax and taxation aspects of superannuation law.
The Code of Ethics and professional responsibilities placed on tax agents and financial advisers providing taxation advice in Australia are also discussed. Students will learn how to distinguish between tax planning, tax evasion and tax avoidance. Students will collaborate with their peers on researching and interpreting more complex taxation topics, tax planning and developing comprehensive client solutions.
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Auditing Theory and Practice | ACCT6006This subject introduces students to auditing and assurance concepts and practice. Ethical pronouncements and Auditing Standards that apply to Australian auditors are studied and applied to authentic scenarios. The entire audit process from gathering an understanding of the client's operations and risks, planning and then executing an audit and reporting on the findings are covered both in theory and practice.
Electives available to students may be chosen from the elective bank below. Choose 4 electives:
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Business Communications | MGT502This subject introduces students to the concepts of business communications and transferrable academic skills. This subject presents an analysis of the types of communication processes, which occur in the internal and external business environment, including an examination of the theoretical underpinnings of communication in business. Emphasis is placed on writing skills, reports and presentations and on using technology to communicate. The subject introduces students to research skills, information literacy, critical analysis, writing and language techniques. The aims of this subject are to provide knowledge and skills needed for success in Higher Education, to help students manage their own success and to assist them in reaching their academic potential.
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Principles of Project Management | PROJ6000This course provides students with a grounding in the principles of project management, its methods and contemporary standards associated with managing diverse projects. Students in this course are introduced to the knowledge, tools, and techniques needed to manage projects (including IT projects) successfully throughout a project life cycle, and to the language used by practitioners in conjunction with the terminology recognised by the Project Management Institute (PMI). Students explore the project management knowledge areas and process groups of the Project Management Body of Knowledge (PMBoK) guide. Students also examine the ways these two dimensions of project management interact in initiating (scoping), planning, executing (launching), monitoring and controlling, and closing a project. The subject provides students with opportunities to also examine the challenges of project management and the professional traits that project managers are associated with.
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Integrated Project Management | PROJ6001 / PROJ6017In this subject, students learn the integrative nature of project management and develop skills to coordinate the various project management processes and activities. Students formulate appropriate project life cycle and apply the PMBOK (PMI, 2017) project management process groups to their selected case study. They update the project management plan and other artefacts impacted by the change management process. Students evaluate enterprise environmental factors influencing project outcomes and develop effective management strategies. They apply a range of tools to realise and cultivate benefits for the project and organisation, and establish communication strategies to engage relevant stakeholders.
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Project Planning and Budgeting | PROJ6002To be effective, project managers must understand relationships between operational factors and projects. In this subject, students learn about scope, time and cost planning, developing an appropriate work breakdown structure (WBS). Students will also learn about the importance of managing project change, quality and risk, as well as the role of effective stakeholder communications in achieving successful project outcomes. They engage in practical exercises designed to help them develop project management skills. Students also examine planning considerations associated with global projects.
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Project Execution and Control | PROJ6003In this subject, students will examine how to monitor and control project execution (including IT projects), by implementing a project plan and managing progress by applying performance reporting, analysis, and measurement techniques to ensure that activities are executed as planned. This will include responding to risk events and issues; managing scope changes; communicating with team members and stakeholders; acceptance of deliverables, and administrative and financial closure.
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Contracts and Procurement | PROJ6004Procurement and contracts are integral to successful project management. In this course, students learn about planning for purchases and acquisitions, requests for proposal, vendor selection, contract administration, and contract closure. Students learn how to approach key issues with regard to short and long‐term contracts, and small and large contracts. Topics covered include the examination of procurement strategies, responsiveness, and supplier‐client relationships. Students will also examine tendering, bidding and order management processes, relevant legal and commercial implications, as well as managing the relationship between buyer and seller, assessing vendor performance, contract change control, and conflict resolution.
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Project, Portfolio and Program Management | PROJ6018
This subject consolidates your knowledge of project and program management concepts and introduces Project Portfolio Management. Specific topics include portfolio management lifecycles and frameworks, capability and capacity, project management maturity and change management. You will discuss the influence of the PMO in the successful delivery of projects and programs within the Project Portfolio.
You will also learn to select projects for inclusion in the portfolio and assess and evaluate the performance of the portfolio of projects and programs. Lastly there will be a focus on how to apply a range of tools and techniques when managing project portfolios, specifically considering strategic management, and benefits to the organisation.
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Organisational Behaviour and People Management | PROJ6006One role of the project manager is to lead teams in complex and diverse organisational settings while concurrently communicating with all stakeholders. In this course, students examine how to support and motivate team members to perform to the best of their ability, producing quality results within the required time and cost limits, and how individual and group behaviour impacts organisational effectiveness. Students learn ways to design projects to support organisational goals and how to build and engage organisational capital (intellectual, human, physical, financial, and structural). They also assess communications management as a tool to manage internal and external relationships with stakeholders, partners, vendors, and customers.
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Foundations of Information Systems | MIS500This subject introduces students to the key concepts and technologies of information systems that drive change and support organisations to achieve strategic goals. This includes data and information management, application of business information systems, disruptive technologies and issues such as ethics, privacy and cyber security. This subject will prepare students to better understand the technologies that are disrupting and transforming society both now and into the future.
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Principles of Programming | MIS501This subject introduces students to programming as a tool for developing systems and addressing business needs. Students will learn Unified Modelling Language (UML) and Integrated Development Environment (IDE) to design, create, compile, test and run programs, applying object-oriented concepts to construct classes and methods to solve organisational problems. This subject will be tailored to student’s levels of expertise and expose students to an object-oriented programming language(s). Furthermore, it will equip students with the skills to assess and apply requirements in business environments.
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Data Modelling and Database Design | MIS602Students will learn the importance of data to an organisation and the problems inherent in creating, storing, and managing that data. This subject will explore relational database design and modelling and students will learn how to handle data anomalies and the process of data integration. During this unit you will explore an organisation’s need for a data warehouse, learn about data visualisation and evaluate dashboard designs to view data. Students will examine the need for distributed data in today’s business environment.
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Requirements Engineering | MIS604Requirements management is a method of defining, using, modelling, documenting, maintaining, and measuring requirements throughout the software process. This helps developers explore requirements management and how it supports systems engineering and software engineering life cycles. Develop techniques for eliciting requirements and identifying good requirements. Represent requirements graphically by utilising powerful unified modelling language (UML) diagramming techniques. Develop skills to effectively manage requirements changes and techniques for measuring requirement quality through quantitative metrics.
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Systems Analysis and Design | MIS605This subject introduces students to activities, techniques, and methodologies a systems analyst uses to design information systems that, when built, enhance the organisation’s ability to meet its business goals via available technology. These include define requirements for system, model high-level behaviours of system, and design blueprint, that is, planning and implementation and will move through object-oriented approaches to analysis and design, the transformation of user requirements to system design. User empathy is promoted in this subject, using the unified modelling language (UML).
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Cybersecurity | MIS607Information is a vital organisational asset. Information systems store, process and exchange information, and most economic sectors are dependent on electronic and automated systems. Interconnectivity is important for many organisations, but this also increases the exposure to adverse events, necessitating the need for thorough information security management. This subject builds upon fundamental information security concepts, including the management of information systems that affect organisational information security: identity management, authentication, access control, monitoring, risk management, incident response and disaster recovery. Since cybersecurity is everyone’s responsibility, having the basic knowledge to prevent attacks, mitigate risk, and get up to speed with best practice cyber governance is an essential ingredient to succeed in today’s digital world.
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Agile Project Management | MIS608Progressing from traditional project management frameworks this subject focuses on Agile project management, Agile project management methodology, the principles of Agile, and Agile techniques. This subject will be based on a foundation of the 4 core values and 12 guiding principles of Agile as laid out by the agile manifesto. Students will develop an understanding of Agile concepts, tools and techniques: Scrum and Kanban, Roadmap planning, Program increments, Sprints and daily scrums and the Agile roles within teams. Some of the leading Agile frameworks will be discussed so that students have an understanding of some of the different philosophies, which support the Agile continuous delivery pipeline. Points of origin in Lean practice and the relationship between Agile and DevOps will also be covered to help students orient themselves in the broader emerging landscape of projects and software development landscape.
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Data Management and Analytics | MIS609This subject teaches students techniques and best practices in collecting, storing, cleaning, manipulating, analysing, extracting, and visualising useful information from large, structured, semi-structured, or unstructured data sets, which are critical for organisational decisions. Students will also learn applications of big data management and analytics across industry sectors such as segmentation and prediction, churn prediction, recommender systems and targeted marketing, sentiment analysis, operational analytics, and ethical considerations.
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Marketing | MKT60021st Century professionals who aspire to hold a leadership position must have a clear understanding and appreciation of the importance of marketing. This subject is designed to develop a comprehensive understanding of marketing theories and the practical application of marketing concepts and marketing strategies in various contexts including profit and not-for- profit organisations, including government. This subject equips students with marketing strategy formulation and the use of strategic marketing mix elements in developing and maintaining a market orientation and assessing organisational performance in relation to ethical and socially acceptable business practices.
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Dynamic Leadership | MGT601
Leadership in modern organisations is a way of thinking and behaving. It is not necessarily a position in a hierarchy. Leadership is a process of energising, influencing and motivating others: up, down, sideways and diagonally. Becoming an effective leader requires self-awareness, self-management and a strong set of interpersonal communication skills, a set of capabilities that are often described as Emotional Intelligence (EQ). In addition, effective leaders think and act strategically, they build a climate for creativity and innovation, and are culturally sensitive and comfortable with ambiguity.
This subject focuses on developing your leadership capability and not leadership as a theoretical concept that applies to other people. It helps you explore your own leadership development and self-image, using the techniques of reflective research and supported by a mentoring partner. It guides you through the preparation of plan for your continued leadership and professional development that is consistent with your personal values, anchored by the academic literature and enables you to be authentic, confident and resilient in leading productive work places for the future.
Dynamic Leadership provides learning at the cognitive or intellectual level and at the affective or emotional level. It develops explicit knowledge of leadership (know-what) and the often-neglected tacit knowledge (know-how). -
Business Decision Analytics | MGT602Today's decisions have to be made quickly, individually and in groups, with what often appears to be ambiguous or too much data. How does one select, observe and distil the most pertinent data sets to make decisions that will positively impact tomorrow's firms and communities? This subject engages students in the nuances of data collection, how to filter data and how to use it most effectively in decision-making. The subject develops the student's qualitative and quantitative research skills, and digital literacy.
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Systems Thinking | MGT603This subject builds on systems theory and introduces students to a holistic view of the organisation and the broader ecosystem it operates in. It also introduces students to the basic principles of operations management in the context of Systems Thinking. Students will be exposed to Systems Thinking tools to diagnose and propose innovative solutions to contemporary business issues.
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Strategic Management | MGT604This subject explores sustainable approaches to managing the symbiotic relationship between organisations and their environments. Organisations are increasingly facing disruption and the basis for delivering products and services is rapidly changing. Sustaining performance requires careful management of business processes, fostering corporate competencies, and aligning the firm to its internal and external environment. The student will learn and then practice strategising through a number of theories and practical settings.
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Innovation Creativity and Entrepreneurship | MGT607This subject seeks to build the knowledge, skills and attitudes required to succeed as an ethical entrepreneur or entrepreneur. These knowledge and skills are then applied to identify and evaluate innovative high-growth product and service opportunities in the context of a start-up, a corporation, a not for profit or a government institution. The subject allows students to practice skills, including creativity, cash-flow modelling, business model analysis and lean experimentation. Students prepare a business plan for a new venture, or an improvement to an existing enterprise, enabling them to integrate their theoretical and practical knowledge.
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Managing Information Systems | MGT609Managing information systems is critical in business decision-making. Using a systems perspective, in this subject you will explore the role of information systems in the business administration context, the impact of technological innovation on the management of information, and the risks associated with poor information management.
Industry partners
Why study with us?
Are you a Domestic or International student?
Choose your student type for fees, scholarships & entry requirements
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Domestic
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International
Fees: Domestic students
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Domestic fees
Check the Domestic Course Fee Schedule for the cost of your course.
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FEE-HELPEligible Australian students may choose to defer some, or all, of their tuition fees through FEE-HELP, a loan scheme repaid through the tax system based on income.
Scholarships: Domestic students
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Scholarship types
Admissions criteria and pathways: Domestic students
Guaranteed pathway and Recognition of Prior Learning
If you have already completed a qualification you may be able to credit this against your degree with us, even if it’s from another institution. This is called Recognition of Prior Learning. We also offer pathway opportunities to further your learning.How to apply: Domestic students
Get started
Read through the admissions criteria and ensure you meet the entry requirements.
Apply
It’s easy! Apply online below or contact us and we can help on 1300 575 803.
Offer
We’ll contact you shortly after to confirm your details and help you through the rest of the process.
Fees: International students
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International fees
Check the International Course Fee Schedule for the cost of your course. Onshore international students requiring a student visa should choose campus-based / blended options.
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Fee payment
Course fees can be paid across three study periods. Each instalment to be paid before the beginning of the academic stage census date.
Scholarships: International students
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Scholarship types
Admissions criteria and pathways: International students
Guaranteed pathway and Recognition of Prior Learning
If you have already completed a qualification you may be able to credit this against your degree with us, even if it’s from another institution. This is called Recognition of Prior Learning. We also offer pathway opportunities to further your learning.Learn more about study pathways.How to Apply: International students
Get started
Read through the admissions criteria and ensure you meet the entry requirements.
Apply
It’s easy! You can apply online below or contact our International team on 1300 575 803.
Offer
We’ll contact you shortly after to confirm your details and help you through the rest of the process.
Frequently asked questions
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How do I apply for a course?Domestic students:
Check the entry requirements for the course you’re interested in and submit your initial application form online to begin your journey at Torrens University Australia.
If you have any difficulty, please contact our Course and Careers Advisors, who can talk you through the process.
ALL SA/SACE and Victorian high school students must apply through SATAC and/or VTAC. Search for Torrens University Australia, Billy Blue College of Design or Blue Mountains International Hotel Management School.
International students:If you are an international student hoping to begin your studies in Australia, study online, or transfer from another university, you may choose to do so through our Education Agents. Our agents are located throughout the world and will make sure the enrolment process runs smoothly. View the full list of International Education Agents. You can also apply online. For anything else, please contact our International team.
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Can I get course credit for previous experience?
Yes, course credit is available for most courses upon application and academic approval (excluding Higher Degree by Research programs).
If you have already completed a qualification or have relevant work experience, you may be eligible for credit towards your course. This credit can take the form of credit transfer, block credit or Recognition of Prior Learning (RPL). Review our Course Credits page or chat to our Course and Careers Advisors.
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What if I don’t meet the entry criteria for a degree?
Torrens University Australia has a range of application pathways to help you gain entry into our degrees based on different criteria.
To find out more, visit Study Pathways or contact our Course and Careers Advisors.
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What are Recognition of Prior Learning (RPL) and Credit Transfer (CT)? How do I apply?
Recognition of Prior Learning is an assessment process that recognises experience, previous study and qualifications, and other forms of informal and non-formal learning, to determine if you meet course requirements.
If you have relevant qualifications or experience, you may be eligible for credit towards your course and a reduction in tuition costs.
Please speak to our Course and Careers Advisors to discuss your prior learning experiences.
For more information, please visit Course credits.
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Am I eligible for FEE-HELP?
If you are a domestic student attending university or an approved higher education provider, you can get a FEE-HELP loan to pay all or part of your tuition fees.
You are eligible for FEE-HELP assistance for a unit of study (i.e. subject) if you:
- Undertake study with an approved provider.
- Meet the citizenship and residency requirements:
- An Australian citizen or a New Zealand Special Category Visa holder who meets the long-term residency criteria and who will undertake, in Australia, at least one unit of study contributing to your course; OR
- A permanent humanitarian visa holder who will be a resident in Australia for the duration of your unit; OR
- Are a permanent visa holder who is undertaking bridging study for overseas-trained professionals, and will be a resident in Australia for the duration of the study.
- Enrolled in an eligible unit of study by the census date for the unit.
- Have not exceeded the FEE-HELP limit.
For full details, visit the Australian Government website Study Assist.
If you are still unsure, please contact our Course and Career Advisors who can talk you through the information.
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How do I apply for a scholarship?
Torrens University has a wide range of scholarship options to support new, returning, international and Australian students. They all include a reduction in tuition fees, and some scholarships include a mentoring component with our industry partners.
Domestic students
When you speak to our Course and Careers Advisors, let them know you wish to be considered for a scholarship in your application form. They will show you how to apply for a scholarship.
International students
Please contact your Education Agent for further information. Alternatively, you can call us on 1300 575 803 or by email.
For more details, explore our range of scholarships.
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