Australian Taxation

ACC80018 12.5 Credit Points Hawthorn

Duration

  • One Semester or equivalent

Contact hours

  • 36 hours

On-campus unit delivery combines face-to-face and digital learning.

Aims and objectives

Effective Semester 2, 2019
 
The unit provides an understanding of the fundamental concepts of income tax law as well as the practical application of tax knowledge across core and specialist tax areas. In particular it provides an in-depth understanding of relevant Australian tax laws and their practical application in the areas of income tax law for individuals and various business structures, capital gains tax, goods and services tax and fringe benefits tax. It also considers the tax implications of various business structures to equip candidates with the skills they need to advise their corporate clients. This unit integrates the materials from the CPA Program Professional Level segment titled Australia Taxation and prepares students for the CPA examination. This is a core unit in the Master of Professional Accounting (CPA Specialisation) degree.
 
Students who successfully complete this unit will be able to:
 
1. demonstrate coherent and applied knowledge of relevant taxation legislation and explain how legislation will impact on business operations and decisions
2. critically analyse the tax implications arising from various business structures, superannuation and associated investment decisions.
3. recommend an appropriate business or investment structure to stakeholders to achieve commercial and personal goals within the remit of Australian taxation law
4. apply taxation knowledge to business transactions involving goods and services tax (GST), capital gains tax (CGT), fringe benefits tax (FBT) and anti-tax avoidance legislation.
5. communicate proficiently and in professional practice and act as a leader or member of a team