Course Title: Provide financial and business performance information

Part B: Course Detail

Teaching Period: Term1 2007

Course Code: ACCT5208C

Course ID: 038955

Course Title: Provide financial and business performance information

School: 650T TAFE Business

Program Code: C5179 - Diploma of Financial Services

Course Contact : Des Minogue

Course Contact Phone: 61 3 99255485

Course Contact Email:

Name and Contact Details of All Other Relevant Staff

Nominal Hours: 60

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Pre-requisites and Co-requisites


Course Description

This course covers the competencies to estimate and analyse an organisation’s financial position and performance.

National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

FNSACCT501A Provide financial and business performance information


Analyse data

Performance Criteria:

1. Advice on reliability and accuracy of data is sought from appropriate authorities and sources in accordance with organisational procedures.
2. Data is compiled in accordance with standard financial reporting requirements.
3. Revenues and costs are analysed in accordance to standard accounting techniques and consistent with the organisation’s objectives, etc.


Assess client needs

Performance Criteria:

1. Expectations and objectives of client are clarified and confirmed to ensure mutual understanding of client goals.
2. The client’s specific legal and financial requirements are identified when establishing, structuring and financing a business.
3. Financial options and processes are discussed with client to develop suitable plans for the provision of information for the achievement of client goals, etc.


Prepare advice

Performance Criteria:

1. Advice provides client with a realistic view of financial performance and compliance, including significant taxation issues and comparisons of alternative options.
2. Suitable methods of presentation, language and forms of documentation are used to convey information to client.
3. Advice identifies how risks, contingencies and future cash flows may be identified and quantified, etc.

Learning Outcomes

On completion of this course, a student should be able to understand and provide basic financial and business performance information to various entities.

Overview of Learning Activities

Details of Learning Activities

Students will learn financial and business information skills in classes and through prescribed exercises, research and assessment work.

Teaching Schedule

(Learning Outcome)
1Feb 12Objectives and functions of financial management. 
2Feb 19Types and sources of finance. 
3Feb 26Types and sources of finance. 
4Mar 5Capital and risk management. 
5Mar 12Capital and risk management. 
6Mar 19Financial literacy & report writing 
7Mar 26Analysis and interpretation –
Financial stability
• Ratio calculations
• Interpretation
8Apr 2,9Review 
9Apr 16TestTest 1
Covering weeks 1-8
10Apr 23Analysis and interpretation –
• Ratio calculations
• Interpretation
11Apr 30Analysis and interpretation-Market Ratios and Investment Potential 
12May 7Analysis and interpretation- Applications, Limitations and ReviewAssignment due at
first class
13May 14Business and capital budgeting 
14May 21Business and capital budgeting 
15May 28TestTest 2
Covering weeks 10-14
16June 4Presentations  
17June 11 Presentations  
18June 18Presentations, Review 

Test 1 30Mark Range MarkResultDescription
Test 23080-100 HD H High Distinction
Assignment3070-79 DI D Distinction
Presentations 10 60-69 CRC Credit
 10050-59 PA P Pass
  0-49 NN N Fail

Overview of Learning Resources

Learning Resources

Prescribed Texts

Text (prescribed, compulsory)
Business Budgeting & Analysis and Financial Management, Hughes, Minogue & Senaratne, 2007 edition, (National Core Accounting Publications ISBN: 1 876 602 759)


Other Resources

Overview of Assessment

A student must demonstrate a clear understanding of all elements of the required competencies to be deemed competent. Assessment may include a variety of methods including tests, workbooks, assignments, presentations, class exercises, etc.
Formative feedback is provided throughout the course. This occurs by the teacher providing information to the student to inform them how they are succeeding in the course and areas that require more work to succeed. Formative feedback is not a piece of assessment that contributes to the student’s final result.

Assessment Tasks

Assessment Tasks
The tests focus on a student’s ability to solve problems to a practical range of questions. The tests are closed book and are conducted under normal test conditions. The assignment and other work requires students to research.

To pass this course, a student must satisfactorily complete all assessment work and have a total mark of not less than 50%.


The student will be required to undertake research and assessment practice outside of regular class times. Homework exercises are provided to the student to facilitate their learning in a self-paced manner and form part of the overall achievement of the competencies in this course. Students are reminded that they are expected to conduct an equal amount of time outside of class, research and furthering their understanding of the concepts being taught, as they do in class to be deemed competent in this course.

Course Overview: Access Course Overview