ACCT5948 CPA Australia Taxation

This course is designed to provide you with an awareness of the key provisions of the relevant taxation legislation and enable you to apply the relevant legislative concepts to determine taxation consequences. It also introduces fundamental concepts of income tax law and provides an in-depth understanding of relevant Australian tax laws and their application in the areas of income tax law for individuals and simple business structures, capital gains tax, goods and services tax, and fringe benefits tax.

This course also covers the tax administration system, and the ethical and professional obligations a tax (financial) adviser.

This course aims to equip students with the analytical skills and knowledge required to identify and resolve Australian taxation issues they may face in the future.

As a student at UNSW you are expected to display academic integrity in your work and interactions. Where a student breaches the UNSW Student Code with respect to academic integrity, the University may take disciplinary action under the Student Misconduct Procedure. To assure academic integrity, you may be required to demonstrate reasoning, research and the process of constructing work submitted for assessment.

To assist you in understanding what academic integrity means, and how to ensure that you do comply with the UNSW Student Code, it is strongly recommended that you complete the Working with Academic Integrity module before submitting your first assessment task. It is a free, online self-paced Moodle module that should take about one hour to complete.

You are expected to complete all assessment tasks for your courses in the School of Accounting, Auditing & Taxation. In some courses, there will be a minimum pass mark required on the final exam due to the need to assure individual mastery of specific course learning outcomes for accounting accreditation requirements. Where applicable this is explained in the assessment section of this course outline.

In order to pass this course, you must:

• achieve a composite mark of at least 50 out of 100;
• meet any additional requirements described in the Assessment Summary section.

You are expected to attempt all assessment requirements in the course.

The final exam will be administered and invigilated by CPA Australia. Students must enroll in this exam and comply with all CPA Australia requirements. Students should achieve at least a “Pass” grade in the CPA final exam. If students do not pass the CPA final exam, students will not pass this course. That is, even if you receive a course mark greater than 50, you will receive a fail grade (FL) if you do not pass your CPA Australia exam.

 It is the responsibility of students to ensure that they are in possession of the latest CPA Australia information. Information about the exams can be found here: https://www.cpaaustralia.com.au/your-cpa-program/exams-and-assessment. Schedule your exam at https://www.cpaaustralia.com.au/your-cpa-program/exams-and-assessment/schedule-your-exam.