The Bachelor of Commerce (Accounting) is designed for students who wish to gain their professional accounting qualifications. The practice of accounting comprises financial accounting and management accounting. Financial accounting is focused on external reporting and auditing functions. Management accounting is concerned with providing information for planning and controlling decisions within organisations.

Students who specialise in accounting may join the accounting profession in all areas of commerce and industry. Admission to CPA Australia and the Institute of Chartered Accountants in Australia (ICAA) requires the completion of an accredited degree, practical experience and courses of study organised by the professional accounting associations. A Bachelor of Commerce is recognised as a fully accredited degree by both professional bodies. Career prospects lie in such specialised fields as taxation, auditing, management accounting, computerised accounting and finance.