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ACF5350 · Applied contemporary accounting

Official Handbook

2026 Handbook6 credit pointsLevel 5Department of Accounting

Last checked: 23 Aug 2026 UTC

Overview

This capstone unit requires you to synthesise, analyse, evaluate and apply prior knowledge and skills gained throughout the Master of Accounting in a manner that is designed to enhance their ability to transition to a chosen career path. The unit adopts a thematic approach that examines how external and regulatory factors, decision making processes, and stakeholder expectations interact to drive contemporary organisational success. Collectively, these three interrelated pillars of knowledge provide a comprehensive framework for those aspiring for challenging accounting and finance positions. Content is delivered in a weekly seminar format and draws upon selected case studies that cover topics including strategy, corporate governance, financial reporting and performance management. Given the integrative nature of the unit, assessment is primarily based on a combination of individual and group case study analysis.

Offerings

CampusTeaching periodMode
CaulfieldSecond semesterTeaching activities are on-campus (ON-CAMPUS)
CaulfieldFirst semesterTeaching activities are on-campus (ON-CAMPUS)

Assessment

The Handbook does not list a final examination among the assessment items. That is not a guarantee there is none.

#AssessmentTypeWeightHurdle
11 - WrittenWritten60%
22 - ExerciseExercise40%

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

prohibitions

Learning outcomes

  1. analyse, synthesise and evaluate the effect of accounting policies, regulatory requirements and other external factors on organisational performance
  2. analyse, synthesise and evaluate drivers of sustainable competitive advantage and value creation in various organisational and industry settings, including their impact on stakeholder satisfaction
  3. analyse, synthesise and evaluate contemporary performance management systems (PMS) and the role played by PMS in strategy formulation and decision making
  4. demonstrate written and presentation skills at a level required for a senior career in accounting and business
  5. demonstrate research and analytical skills to solve complex accounting and business problems and ethical dilemmas
  6. demonstrate a capacity to work independently and lead and participate in teams.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

ActivityDuration
Workshops36 hours

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