Appendix 4: Threshold learning outcomes

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Professional Accreditation Guidelines Australia and New Zealand

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