Graduates of a Bachelor of Business (Accounting) at CIC Higher Education are eligible to apply for membership into Australian professional organisations such as the Chartered Accountants Australia, New Zealand (CAANZ), CPA Australia and Institute of Public Accountants (IPA).
These professional bodies have accredited CIC’s degree program and as such, graduates can work as an accountant in any industry after graduating from their degree or help small business owners set up their accounting procedures.
Level 7 bachelor’s degree
The course is recognised by the Association of Chartered Accountants (ACCA) for exemption of ACCA F1 to F9 papers upon completion of the degree. ACCA F1 to F9 is comprised of the following areas which is already covered in CIC’s degree program:
- F1 – Accountant in Business
- F2 – Management Accounting
- F3 – Financial Accounting
- F4 – Corporate and Business Law
- F5 – Performance Management
- F6 – Taxation
- F7 – Financial Reporting
- F8 – Audit and Assurance
- F9 – Financial Management
CIC’s Bachelor of Business (Accounting) also meets the Australian Qualifications Framework specifications for a Level 7 bachelor degree.
|AQF Level||Description||Qualification||Study Period|
|Level 1||Graduates at this level will have knowledge and skills for initial work, community involvement and/or further learning.||· Certificate I||· 0.5 to 1 year|
|Level 2||Graduates at this level will have knowledge and skills for work in a defined context and/or further learning.||· Certificate II||· 0.5 to 1 year|
|Level 3||Graduates at this level will have theoretical and practical knowledge and skills for work and/or further learning.||· Certificate III||· 1 to 2 years|
|Level 4||Graduates at this level will have theoretical and practical knowledge and skills for specialised and/or skilled work and/or further learning.||· Certificate IV||· 0.5 to 2 years|
|Level 5||Graduates at this level will have specialised knowledge and skills for skilled/paraprofessional work and/or further learning.||· Diploma||· 1 to 2 years|
|Level 6||Graduates at this level will have broad knowledge and skills for paraprofessional/highly skilled work and/or further learning.||· Associate degree
· Advanced diploma
|· 2 years
· 1.5 to 2 years
|Level 7||Graduates at this level will have broad and coherent knowledge and skills for professional work and/or further learning.||· Bachelor degree||· 3 to 4 years|
CIC Higher Education General Manager Francesca Macpherson says that “students will be equipped with the accounting principles and essential business skills to thrive in a business environment.”
CIC’s Accounting program aims to produce graduates who will communicate effectively and perceptively within a business environment, produce innovative solutions to problems, and apply investigative skills to a range of complex challenges faced in a business context.
Industry-relevant material and professional engagement
CIC Higher Education regularly hosts business and accounting workshops to give students a good grasp of the practical aspect of their course work and a better perspective of the actual accounting practice. Students are provided ample preparation so they can better integrate in any workplace.
The Bachelor of Business (Accounting) is a three-year, 24-unit course delivered full-time. It has five intakes per year: (1) January, (2) March, (3) May, (4) August and (5) October. Assessments may include but are not limited to closed or open-book examinations, written essays, case studies or business reports/proposals or projects, oral presentations or oral examinations and industry-based assessments.
Graduates can readily build their career by starting off with administrative and office support in accounting-based roles such as Accounts Officers/Clerks for accounts payable, accounts receivable and credit control. They can also start out as assistant accountants doing analysis and reporting, internal and external audit, bookkeeping and private practice accounting, business services in a corporate advisory capacity.
Seek Australia currently lists over 8,000 accounting and finance jobs with requirements that fit the qualifications of CIC’s accounting graduates which has a strong focus on management accountant. However, should they choose to continue further studies, they can easily apply and move forward to study for postgraduate qualifications in Australia and abroad since CIC’s degree program is globally-recognised.
Education agents and students who need further details on the availability of scholarships, program fees, IELTS and other requirements may refer to the EduCo Course Finder.