UWA Handbook 2025

Unit Overview

Description

Students are introduced to the core knowledge and skills of tax required to provide advice and services for a range of transactions and events appropriate to the jurisdiction. Chartered Accountants need to be aware of and be able to respond to tax impacts on a range of transactions and events and to identify when they should seek advice from tax specialists on more complex issues. This unit focuses on areas of technical competence including tax administration and controls, income tax, tax of structures and transactions, and other taxes and interactions with taxes. It also explores the skills and knowledge required to evaluate and explain the broad impact of changes across a range of areas that may impact tax practice. In a range of learning activities and assessments, students develop and apply these technical skills and professionally communicate tax specific information to a range of stakeholders.

Credit

6 points

Offering
(see Timetable)

Availability	Location	Mode
Non-standard teaching period	UWA (Perth)	Face to face
Non-standard teaching period	UWA (Perth)	Face to face

Outcomes

Students are able to (1) apply technical knowledge to a range of transactions and events to determine the tax consequences; (2) advise on the taxation consequences of a range of transactions and events; (3) apply an ethical and socially responsible approach to determining taxation consequences; and (4) evaluate future changes that impact the taxation environment.

Assessment

Indicative assessments in this unit are as follows: (1) online assessments and (2) exam. Further information is available in the unit outline.

To pass this unit, a student must: (a) achieve an overall mark of 50 per cent or higher for the unit; and (b) achieve the requisite requirements(s) or a mark of 50 per cent or greater, whichever is higher and specified in the unit outline, for the exam component.

This unit is assessed on an ungraded pass/ungraded failed basis. All assessment items must be successfully completed.

Student may be offered supplementary assessment in this unit if they meet the eligibility criteria.

Unit Coordinator(s)

Dr Glen Hutchings

Unit rules

Prerequisites

ACCT5432 Introductory Financial Accounting (ID 2664)
and MGMT5504 Data Analysis and Decision Making (ID 3513)
and ECON5541 Economics for Business: Applications and Policy (ID 5315)
and LAWS5508 Commercial and Company Law (ID 3360)
and FINA5533 Finance Essentials (ID 6240)
and ACCT5511 Intermediate Corporate Financial Accounting (ID 2666)
and ACCT5531 Financial Accounting: Theory and Practice (ID 2669)
and ACCT5633 Accounting for Planning and Control (ID 2672)
and ACCT5637 Principles of Taxation (ID 2673) and for students in the Master of Professional Accounting a weighted average mark of 65%

Co-requisites

Enrolment in

ACCT5706 Ethics, Risk and Technology

Incompatibility

LAWS5236 Advanced Australian Corporate Taxation

Note

Six month rule

Legislation changes constantly. In the Chartered Accountants Program modules, students are expected to be up to date with the relevant legislation, standards, cases, rulings, determinations and other guidance as they stand six months before the exam date, unless otherwise stated.

Students are always encouraged to be aware of current developments in all areas.

The relevant date for legislation is the date the legislation receives royal assent. The relevant date for cases is the date the case decision was handed down.