Use the Tab and Up, Down arrow keys to select menu items.
Examines two main areas of professional accountancy, including double entry bookkeeping and law for professional accountants. The course develops the key principles required for those looking to advance through the MPA qualification.
This course covers two main areas of professional accountancy, including double entry bookkeeping and law for professional accountants. The course develops the key principles required for those looking to advance through the MPA qualification. By applying this core knowledge to their other courses within the MPA, the student will gain a foundation from which more advanced learning can be applied.
Accounting Principles(Learning Outcomes: 1,2,3,4)Review the New Zealand and Australian accounting framework for financial reporting.Review and critique of the role and purpose of the External Reporting Board (XRB) in New Zealand.Review and critique the Tier system for financial reporting in New Zealand and consider equivalent system(s) internationally. Consider the use of double entry book keeping to recognise and record transactions and events within the accountings system.Understand the definition and recognition criteria for assets, liabilities, expenses and revenues.Undertake the required journal entries to recognise accruals and provisions including closing and adjustment entries.Generate a set of financial statements in accordance with Generally Accepted Accounting Practice.--------------------------------------------------------------------------------------Business Law(Learning Outcomes: 5,6)Review and critique the different legal structures for entities and individuals operating in New Zealand. This includes – companies, trusts, trading trusts, unincorporated societies and sole traders.Case study analysis of director responsibilities regarding the application of the Companies Act, Financial Reporting Act, The Securities Act and New Zealand Stock Exchange Rules.Distinguish the legal responsibilities that different legal entities have in New Zealand and Australia, looking specifically at those Acts of Parliament that relates to companies, trusts and incorporated societies
Subject to the approval of the Programme Director
Students must attend one activity from each section.
TutorialOne hour session per week; times tba.
Financial accounting : reporting, analysis and decision making;
John Wiley & Sons Australia, Ltd, 2019.
The text is available for purchase from UBS (The University Bookshop) and is also available on restricted loan in the Central Library (call # HF5636.C37 2019). An electronic version of the text in a word searchable format can be purchased online here This text is, in most weeks, essential reading for the course.
Domestic fee $1,218.00
International Postgraduate fees
* Fees include New Zealand GST and do not include any programme level discount or additional course related expenses.
This course will not be offered if fewer than 10 people apply to enrol.
For further information see
Business Taught Masters Programmes on the department and colleges page.