APPENDIX 4: THRESHOLD LEARNING OUTCOMES
Providers of accounting programs in Australia may evidence the professional skills set out in Section 3 by referencing initiatives undertaken to meet the accounting academic standards released by the Australian Business Deans Council (ABDC) in 2016*. These standards prescribe threshold learning outcomes across six interrelated areas, that all providers of Bachelor and coursework Master degree programs in accounting are expected to meet:
*Accounting Learning Standards – June 2016
Bachelor graduates in Accounting will be able to
Judgement: Exercise judgement under supervision to solve routine accounting problems in straightforward contexts using social, ethical, economic, regulatory and global perspectives
Knowledge: Integrate theoretical and technical accounting knowledge which includes a selection of auditing and assurance, finance, economics, quantitative methods, information systems, commercial law, corporation law and taxation law
Application skills: Critically apply theoretical and technical accounting knowledge and skills to solve routine accounting problems
Communication and teamwork: Justify and communicate accounting advice and ideas in straightforward collaborative contexts involving both accountants and non-accountants
Self-management: Reflect on performance feedback to identify and action learning opportunities and self-improvements
Master (Entry) graduates in Accounting will be able to
Judgement: Exercise judgement under supervision to solve routine accounting problems in diverse contexts using social, ethical, economic, regulatory and global perspectives
Knowledge: Integrate theoretical and technical accounting knowledge which includes a selection of auditing and assurance, finance, economics, quantitative methods, information systems, commercial law, corporation law and taxation law
Application skills: Critically apply theoretical and technical accounting knowledge and skills to solve routine accounting problems
Communication and teamwork: Justify and communicate accounting advice and ideas in diverse collaborative contexts involving both accountants and non-accountants
Self-management: Seek and reflect on performance feedback to identify and action learning opportunities and self-improvements and initiate this process for others
Master (Advanced) graduates in Accounting will be able to
Judgement: Exercise judgement under minimal supervision to solve emerging and/or advanced accounting problems in complex contexts using social, ethical, economic, regulatory and global perspectives
Knowledge: Integrate advanced theoretical and technical accounting knowledge which includes a selection of auditing and assurance, finance, economics, quantitative methods, information
systems, commercial law, corporation law and taxation law
Application skills: Critically apply advanced theoretical and technical accounting knowledge and skills to solve emerging and/or advanced accounting problems
Communication and teamwork: Justify and communicate accounting advice and ideas in complex collaborative contexts involving both accountants and non-accountants
Self-management: Seek and reflect on performance feedback to identify and action learning opportunities and self-improvements and initiate this process for others