Accounting in today’s business world is extremely sophisticated. An accountant is a strategic adviser and business partner who must have an in-depth understanding of business issues and processes, as well as the skills necessary for sound decision-making. Accounting studies will equip you to understand the financial structure of an organisation, and produce and analyse financial information.
The Department of Accounting's Centre for Accounting and Industry Partnerships (CAIP) is committed to building partnerships and enhancing collaboration between the University and the business sector by offering an environment that fosters rigorous research across the entire spectrum of accounting for both scholars and practitioners.
A variety of professional accreditations, memberships and subject exemptions are available for accounting students, at both undergraduate and postgraduate level.
Events
News
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Professor Margaret Abernethy awarded AM in Queen’s Birthday Honours List
Former Dean of the Faculty, Professor Abernethy was appointed Member of the Order of Australia (AM) in this year’s Queen’s Birthday Honours list for her contributions to higher education and accounting research throughout her career and her commitment to student access and equity.
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The Magic of Muesli
When you think about the role of accountants, you’re much more likely to think calculators and spreadsheets than muesli. However, the applications of accounting extend to tables beyond Excel, like breakfast, and the boardroom. The ERPSim Asia Pacific Japan Cup simulates a real-world working experience for accounting students. This year, teams from the University of Melbourne took out the top two spots in the regional challenge, before going on to become international champions!
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Accounting champions inducted into the Australian Accounting Hall of Fame
Three accounting pioneers have been inducted into the Australian Accounting Hall of Fame for their significant achievements and contributions to the field.
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How accountants shape society
Historic lecture series hosted by CPA Australia and the University of Melbourne addresses the far-reaching and surprising impacts accountants have on the world.
Accounting Research Centres
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Centre for Accounting and Industry Partnerships
The Department of Accounting's Centre for Accounting and Industry Partnerships is committed to building partnerships and enhancing collaboration between the...
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Melbourne Centre for Corporate Governance and Regulation
The Melbourne Centre for Corporate Governance and Regulation (MCCGR) was established in 2017 to address both longstanding and emerging issues...
The Accounting Keystones
View a series of videos that provide a description of some of the concepts and decisions that are at the very foundation of the accounting discipline.
Subjects
View all subjects
Undergraduate
The accounting major is one of the most popular in the Bachelor of Commerce. It is ideal preparation for work as a professional accountant, and a great complement to other disciplines within the Bachelor of Commerce degree.
Honours
The Honours program provides a unique opportunity to undertake a challenging and rewarding year of additional study, to hone your applied analytical and problem solving skills, communication, presentation skills, and research skills.
Postgraduate
Visit the Melbourne Business School website to browse postgraduate study options in accounting.
Graduate Research
The Doctoral Program in Accounting includes a strong coursework component and offers the opportunity to gain entry into an academic or research career.
Specialisations
The Department of Accounting teaches into a number of specialist areas, to cater for the diverse interests of our students and researchers.
Financial Accounting
Financial Accounting is about the external reporting of a company's financial position and performance. Financial accounting information is used in making investment decisions and is widely used to value businesses and predict corporate success and failure.
Management Accounting
Management Accounting provides information to managers to help them measure and control processes within their business in a successful and profitable manner. It aids managers in strategy implementation, costing of new products and services, evaluation of the value added by different areas within a business and managing their performance.
Auditing and Assurance Services
Auditing and assurance services is about monitoring and adding credibility to the external reporting disclosures made by companies. In addition, assurance services add credibility to non-financial information, e.g. Brownlow voting, the Oscar count, environmental reporting, customer-satisfaction surveys and internet reporting.
The Accounting Podcast Series (TAPS), hosted by Associate Professor Albie Brooks, explores the accounting research output of the University of Melbourne and our distinguished visitors. We delve into innovations and developments in our teaching program, and provide commentary on issues of the day in accounting in bite-sized episodes perfect for your commute.
| Episode | Release date | Guest | Topic |
|---|---|---|---|
| 1 | 10 May 2019 | Professor Gary Biddle, The University of Melbourne | How Accountants Shape Civilisations and the Nature of Accountability |
| 2 | 13 May 2019 | Professor Michael Davern, The University of Melbourne | Ethical Issues Associated with the Management of Big Data |
| 3 | 13 May 2019 | Professor Mary Barth, Stanford University | The Evolution of, and Challenges for, Financial Accounting and Standard Setting |
| 4 | 12 July 2019 | Professor Naomi Soderstrom, The University of Melbourne | Environmental and Sustainability Issues in Accounting |
| 5 | TBA | Mr Sujay Nair, The University of Melbourne | Leadership, Non-Financial Rewards and Performance |
How to listen
TAPS is released every eight weeks and is available on all major podcasting services - make sure you subscribe and rate us!:
Is your podcast provider not listed? Let us know where you'd like TAPS to become available by emailing TAPS-podcast@unimelb.edu.au. You can also listen directly from our website; please select an episode above.
Never miss an episode
Sign up to our mailing list and you'll receive an email when new episodes are published - easy!
Australian Accounting Hall of Fame
Accounting in Australia has a long and distinguished heritage. From the early years of European settlement to the present day, accountants and accounting have played important roles as the country pursued economic and social advancement. Throughout this long and distinguished history there have been many individuals whose achievements, both alone and in combination with others, have been significant and whose impact on the discipline has been profound. The Australian Accounting Hall of Fame seeks to identify and recognise these individuals and their contributions. Click to read more about the Australian Accounting Hall of Fame.
The Centre for Accounting and Industry Partnerships extends its warmest appreciation and thanks to the major sponsors of the Australian Accounting Hall of Fame Dinner and Awards Ceremony for their support and assistance.
ORDER OF AUSTRALIA AWARDS – members honoured
The Australian Accounting Hall of Fame is delighted to note awards made in the Order of Australia – General Division to members of the Australian Accounting Hall of Fame in the Queen’s Birthday honours list 2019.
Officer in the Order of Australia (AO)
Elizabeth Alexander (AAHoF 2010) - for distinguished service to higher education administration, to accounting and corporate governance, and also as a role model.
Murray Wells (AAHoF 2012) – for distinguished service to higher education, particularly to accountancy, and to business administration.
Member in the Order of Australia (AM)
George Foster (AAHoF 2017) – for significant service to education, particularly to management accounting.
Margaret Abernethy (AAHoF 2018) – for significant service to higher education in the field of accounting.
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Nomination and Selection
Nominations for the 2020 awards are open from Friday, 31 May to Sunday, 20 October 2019. Click here to view the nomination process. The Selection Committee determines, by preferential ballot, individuals eligible to be inducted into the Hall of Fame in any year.
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Register
The 2020 Australian Accounting Hall of Fame Dinner and Awards Ceremony will be held in March 2020. Registrations open in January 2020. Click below for the 2019 event listing.
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Hall of Fame
Hall of Fame inductees and event information.