The study of Accounting covers a wide range of accounting practices and theories in an equally wide range of contexts, thus providing a solid foundation for a successful professional career.
The subject is divided into:
- Financial accounting and reporting
- Cost and management accounting
- Auditing and assurance
- Other relevant areas
By studying Accounting, you will gain high-level knowledge and an understanding of:
- Accounting as the collection, analysis and communication of decision-useful financial information for key external groups eg, owners, investors, regulators and others
- Accounting as providing information for managers within an organisation to aid them with various strategic and tactical decisions, such as determining the cost of providing products and service, budgeting and evaluating projects
- Auditing as verifying the accuracy and reliability of financial information and the assessment of risk
- Taxation as laws and rules that regulate and create certainty in relations between taxpayers and the taxation authorities
Why study Accounting at UC?
The Bachelor of Commerce Accounting major is a pathway to external qualifications with the New Zealand Institute of Chartered Accountants (NZICA), CPA Australia (Certified Practicing Accountants), the Association of Chartered Certified Accountants (ACCA), and other professional accounting bodies internationally.
At UC you will study alternative perspectives on contemporary accounting, both in conventional and less common contexts.
Students will also learn about the modern, reflective role accountants can play in many spheres such as public and private; social, environmental, economic, political and cultural; colonial and post-colonial; and national, international and transnational.
UC experts will help you answer the question of how does the nature of the accountant’s work differ from other management and professional specialists, such as marketers, economists, engineers, human resource managers, entrepreneurs, politicians and public officials? You will consider important topical issues, such as business ethics, the Global North and Global South, Māori as tāngata whenua and the Crown, corporate social responsibility, and the challenges presented by increasing globalisation.
While some previous study of accounting is useful preparation, it is not essential to have studied accounting at secondary school level.
A background in statistics is recommended. However, accounting is not all number-oriented, and a good grounding in spoken and written English communication is essential.
Students with very good Year 13 results in accounting may be offered direct entry to 200-level Accounting courses at the discretion of the Head of Department.
The first-year, 100-level courses required to complete a Bachelor of Commerce majoring in Accounting are:
- ACCT102 Accounting and Financial Information
- ACCT103 Introduction to Financial Accounting
- ECON104 Introduction to Microeconomics or ECON105 Introduction to Macroeconomics or ECON199 Introduction to Microeconomics (a STAR course for secondary school students)
- INFO123 Information Systems and Technology
- MGMT100 Fundamentals of Management
- STAT101 Statistics 1
- Plus 30 points from 100-level Commerce or any other UC courses. ACCT152 Law and Business is recommended.
As a specialist in accounting you will be able to enter a variety of fields. The most common positions are
- Accounting manager
- Credit analyst
- Manager or Executive
You can focus on a range of areas such as tax, financial management, investment analysis, business services, company or treasury systems accountancy, government finance or third sector development work; and get work around the world.
Many Accounting major graduates go on to become chartered accountants, mainly through the New Zealand Institute of Chartered Accountants (NZICA) or Certified Practising Accountants (CPA) Australia.
For both NZICA and CPA Australia membership your Bachelor of Commerce degree must include specific courses.
Find out more about what you can do with a degree in Accounting.
Business and Law building, Level 2
Department of Accounting and Information Systems
College of Business and Law
University of Canterbury
Te Whare Wānanga o Waitaha
Private Bag 4800