Accounting is the measurement, processing, communication and analysis of financial information of enterprises like businesses and corporations. It has been colloquially referred to as the Language of Business, as it measures the results of an organization’s economic activities and conveys these compilations to a variety of users.
A Masters degree of Professional Accounting can also be obtained from Australian universities to qualify for the Australian CPA, IPA or CA. This speciality program usually runs 1-2 years in length and contains 10-12 three semester credit courses (30 to 36 semester hours total). The program may consist of all graduate Accounting courses or a combination of Accounting courses, Management, Tax, Leadership and other graduate business electives. The program is designed not only to prepare students for the CPA examination but also to provide a strong knowledge of accounting principles and business applications.
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