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Graduate Diploma of Professional Accounting

Postgraduate coursework

Take your skills and knowledge in finance and business to the next level and become a financial information specialist.

Domestic International

International student information

Key facts

Duration

1 year full-time or part-time equivalent

Current Deakin Students

To access your official course details for the year you started your degree, please visit the handbook

Course overview

Increasing complexity of global markets and reporting requirements shows the growing importance of accounting as a dynamic and exciting profession. Study Deakin's Graduate Diploma of Professional Accounting to become a financial information specialist with the skills and knowledge to inform business decision making within a wide range of organisations. Ranked in the top 1% in the world for accounting*, you will get a world-class education at Deakin.

Want an accounting qualification and skill set that can be applied within the broader world of business?

As a course that provides pathways to professional accounting qualifications for graduates of any discipline, you can complement your overall management knowledge and expertise, or undertake further studies towards membership of CPA Australia or entry into the CA Program.

Explore important topics in management accounting, including decision making and performance management in organisations, as well as financial accounting and reporting. In addition to core accounting topics, you will also get an introduction to the fundamentals of accounting theory and corporate social responsibility reporting. Plus, you will gain an understanding of the regulatory and conceptual frameworks that underpin accounting for corporate entities and of the logic behind existing accounting rules.

Deakin Business School's Work Integrated Learning program gives you the opportunity to enhance your job prospects with real world experience. In the finance unit you will have the opportunity to engage with business within the workplace and in doing so develop practical and analytical finance skills by participating in real-world projects. As a result, you will develop analytical skills for making key financial management decisions, as well as useful skills and knowledge relevant both for running a business or taking roles in managerial positions within large companies.

This course may also be used as a pathway to the Master of Professional Accounting or the Master of Commerce.

*QS World University Rankings by Subject 2023

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Course information

Award granted
Graduate Diploma of Professional Accounting
Year

2024 course information

Deakin code
M696
CRICOS code?
073434C Burwood (Melbourne)
Level
Postgraduate (Graduate Certificate and Graduate Diploma)
Australian Qualifications Framework (AQF) recognition

The award conferred upon completion is recognised in the Australian Qualifications Framework at Level 8

Course structure

To complete the Graduate Diploma of Professional Accounting, students must attain a total of 8 credit points, consisting of 4 credit points of core units and 4 credit points of course elective units, plus completion of the compulsory 0-credit point module, DAI001 Academic Integrity Module. Most units (think of units as 'subjects') are equal to 1 credit point.

4

Core units

4

Elective units

8

Total units

Core units

  • Accounting 1, 2
  • Principles of Finance 1, 2, 4
  • Accounting for Management 1, 2, 4
  • Financial Accounting 1, 2
  • Notes:
    1 Required by CPA Australia for Associate (foundation level) Membership.
    2 Required by the Chartered Accountants Australia and New Zealand for entry to the CA Program.
    4 For candidates who would like to obtain exemptions to the ACCA program.

    Compulsory 0-credit point module

    To be completed in the first trimester of study:-

  • Academic Integrity Module
  • Course elective units

    Select 4 credit points of units from:

  • Corporate Auditing 2, 3, 4
  • Advanced Accounting Principles and Practice 1, 2
  • Principles of Income Tax Law 2, 3, 4
  • Business Law 1, 2
  • Economics for Managers 1, 2^
  • Accounting Systems and Analytics 1, 2
  • Analytical Methods 1, 2
  • or units from the Master of Professional Accounting, Master of Finance and the Master of Financial Planning. Other postgraduate units may be taken subject to the approval of the Course Director.

    ^MPT code denotes Study Tour version of the unit. Please note: the study tour version does not meet the accreditation requirements for the professional accounting bodies - CPA Australia and CA ANZ.

    Notes:
    1 Required by CPA Australia for Associate (foundation level) Membership.
    2 Required by the Chartered Accountants Australia and New Zealand for entry to the CA Program.
    3 For candidates who have completed an accredited degree in Australia, this unit may be taken as part of the CPA program. Other students must complete the unit before becoming an Associate Member of CPA Australia.
    4 For candidates who would like to obtain exemptions to the ACCA program.

    Intakes by location

    The availability of a course varies across locations and intakes. This means that a course offered in Trimester 1 may not be offered in the same location for Trimester 2 or 3. Check each intake for up-to-date information on when and where you can commence your studies.

    Trimester 1 - March

    • Start date: March
    • Available at:
      • Burwood (Melbourne)
      • Online

    Trimester 2 - July

    • Start date: July
    • Available at:
      • Burwood (Melbourne)
      • Online

    Trimester 3 - November

    • Start date: November
    • Available at:
      • Burwood (Melbourne)
      • Online

    Students who have commenced prior to T1 2019, please refer to the 2018 handbook, or the handbook archives, for the relevant course structure.

    Additional course information

    Recognition of prior learning

    Recognition of prior learning into the Graduate Diploma of Professional Accounting may be granted to students who have successfully completed appropriate postgraduate studies. There are negotiated recognition of prior learning arrangements in place for CPA members.

    Course duration

    Course duration may be affected by delays in completing course requirements, such as accessing or completing work placements.

    Mandatory student checks

    Units which contain work integrated learning, a community placement or interaction with the community may require a police check, working with children check or other check. These requirements will be detailed in unit guides upon enrolment.

    Workload

    As a student in the Faculty of Business and Law, you can expect to participate in a range of teaching activities each week. This could include classes, seminars, practicals and online interaction. You can refer to the individual unit details in the course structure for more information. You will also need to study and complete assessment tasks in your own time.

    Participation requirements

    Units in this course may have participation requirements that include compulsory placements, work-based training, community-based learning or collaborative research training arrangements.

    Placement can occur at any time, including during standard holiday breaks. Learn about key dates at Deakin.

    Reasonable adjustments to participation and other course requirements will be made for students with a disability. More information available at Disability support services.

    Work experience

    This course provides students the opportunity to complete one or more elective work integrated learning units.
    More information: WIL Programs

    Entry requirements

    Selection is based on a holistic consideration of your academic merit, work experience, likelihood of success, availability of places, participation requirements, regulatory requirements, and individual circumstances. You will need to meet the minimum academic and English language proficiency requirements to be considered for selection, but this does not guarantee admission.

    Academic requirements

    To be considered for admission to this degree you will need to meet at least one of the following criteria:

    • completion of a major sequence or bachelor degree or higher in a related discipline
    • completion of a bachelor degree or higher in any discipline and at least two years' relevant work experience (or part-time equivalent)

    English language proficiency requirements

    To meet the English language proficiency requirements of this course, you will need to demonstrate at least one of the following:

    Admissions information

    Learn more about Deakin courses and how we compare to other universities when it comes to the quality of our teaching and learning.

    Not sure if you can get into Deakin postgraduate study? Postgraduate study doesn’t have to be a balancing act; we provide flexible course entry and exit options based on your desired career outcomes and the time you are able to commit to your study.

    Online studies

    Deakin offers many courses which can be studied by distance education overseas.

    However, international students living in Australia on a student visa, in each compulsory trimester (that is, Trimesters 1 and 2), must enrol in at least one unit that is offered as a Campus located unit and can, in addition enrol in units offered online. International students may undertake a maximum of up to one third (or equivalent) of their study as online study. Please note enrolment in one face to face unit in compulsory study periods is only allowed if the student is completing their final unit of study and will not exceed maximum one third (or equivalent) online requirement.

    Recognition of prior learning

    If you have completed previous studies which you believe may reduce the number of units you have to complete at Deakin, indicate in the appropriate section on your application that you wish to be considered for Recognition of prior learning. You will need to provide a certified copy of your previous course details so your credit can be determined. If you are eligible, your offer letter will then contain information about your Recognition of prior learning.
    Your Recognition of prior learning is formally approved prior to your enrolment at Deakin during the Enrolment and Orientation Program. You must bring original documents relating to your previous study so that this approval can occur.

    You can also refer to the Recognition of prior learning system which outlines the credit that may be granted towards a Deakin University degree.

    Fees and scholarships

    Fee information

    Estimated tuition fee - full-fee paying place

    The 'Estimated tuition fee' is provided as a guide only based on a typical enrolment of students completing this course in the same year they started. The cost will vary depending on the units you choose, your study load, the length of your course and any approved Recognition of prior learning.  One year full-time study load is typically represented by eight credit points of study. Each unit you enrol in has a credit point value.

    The 'Estimated tuition fee' is calculated by adding together eight credit points of a typical combination of units for your course.

    You can find the credit point value of each unit under the Unit Description by searching for the unit in the Handbook.

    Learn more about tuition fees.

    Scholarship options

    A Deakin scholarship might change your life. If you've got something special to offer Deakin – or you just need the financial help to get you here – we may have a scholarship opportunity for you.

    Search or browse through our scholarships

    Postgraduate bursary

    If you’re a Deakin alumnus commencing a postgraduate award course, you may be eligible to receive a 10% reduction per unit on your enrolment fees.

    Learn more about the 10% Deakin alumni discount

    Apply now

    Apply through Deakin

    Applications can be made directly to the University through StudyLink Connect - Deakin University's International Student Application Service. For information on the application process and closing dates, see the How to apply web page.

    Deakin International office or Deakin representative

    Fill out the application form and submit to a Deakin International office or take your application form to a Deakin representative for assistance

    Need more information on how to apply?

    For information on the application process and closing dates, see the How to apply webpage
    If you’re still having problems, please contact Deakin International for assistance.

    Entry pathways

    Upon completing the Graduate Diploma of Professional Accounting you may progress to the Master of Professional Accounting or Master of Commerce.

    Further study options

    M742 Master of Professional Accounting
    M755 Master of Commerce

    Alternative exits

    Careers

    Career outcomes

    As an accounting graduate you may find employment in major international accounting firms, investment banks and virtually every area of business and government.

    Professional recognition

    Completion of the Graduate Diploma of Professional Accounting and selection of the correct combination of units in one of our professionally accredited courses, provides the opportunity for students to be eligible to apply for admission to the:

    CA Program of the Chartered Accountants Australia and New Zealand (CA ANZ)
    Associate membership for the CPA Program, CPA Australia
    IPA Program for the Institute of Public Accountants (IPA) and
    Exemptions may apply for the Association of Chartered Certified Accountants (ACCA).

    Students should carefully note the trimesters when units are offered to ensure that all required units can be completed in the appropriate time frame.

    Students who wish to enter the CA, CPA programs or exemptions to the ACCA program are advised that it is their responsibility to ensure that they take the appropriate units required for entry.

    Students who have completed prior undergraduate or graduate units in accounting or other core knowledge areas are advised to have their qualifications assessed by their preferred professional organisation to ensure they complete the correct units.

    Please note: The eligibility of students for membership of any of the accounting accrediting bodies is subject to meeting the requirements of that body and that Deakin makes no representations that individuals will meet those requirements.

    Course learning outcomes

    Deakin's graduate learning outcomes describe the knowledge and capabilities graduates can demonstrate at the completion of their course. These outcomes mean that regardless of the Deakin course you undertake, you can rest assured your degree will teach you the skills and professional attributes that employers value. They'll set you up to learn and work effectively in the future.

    Graduate Learning Outcome Course Learning Outcome
    Discipline specific knowledge and capabilities Demonstrate conceptual knowledge of advanced accounting and techniques in auditing and financial management including applications to complex real-world problems
    Communication Draft and present user- friendly reports that clarifies the merits and weaknesses of alternate solutions and makes defensible recommendations
    Digital literacy Not explicitly addressed as a learning outcome in this award
    Critical thinking Identify potential alternative accounting and financial solutions and evaluate both financial and non-financial costs and benefits of such solutions
    Problem solving Determine ways to resolve a firm’s financial and non-financial constraints through appropriate match with the theoretical solutions and develop a structured implementation plan
    Self-management Not explicitly addressed as a learning outcome in this award
    Teamwork Not explicitly addressed as a learning outcome in this award
    Global citizenship Not explicitly addressed as a learning outcome in this award