Course Title: Report on finances related to international business
Part B: Course Detail
Teaching Period: Term1 2009
Course Code: MKTG5791C
Course Title: Report on finances related to international business
School: 650T TAFE Business
Campus: City Campus
Program: C5219 - Diploma of International Business
Course Contact : Steven Goutzioulis
Course Contact Phone: +61 3 9925 1396
Course Contact Email:Steven.Goutzioulis@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Nominal Hours: 70
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
None
Course Description
This unit describes the performance outcomes, skills and knowledge required to report on finances related to international business activity. No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
BSBFIA501A Report on finances related to international business |
Element: |
1. Compile financial information |
Performance Criteria: |
1.1 Identify financial information related to international business activity and separate from domestic business activity for reporting and compliance purposes |
Element: |
2. Ensure compliance with relevant international finance regulations |
Performance Criteria: |
2.1 Identify financial compliance requirements associated with international business activity for relevant international finance regulations |
Element: |
3. Provide financial business recommendations |
Performance Criteria: |
3.1 Derive recommendations logically and support with evidence in report |
Learning Outcomes
On completion of this course of study, students will be able to:
demonstrate the collation and analysis of financial data for the international business operations of an organisation in compliance with Australian, international and overseas financial regulations
create financial reports for an organisation’s international business operations containing recommendations for improvements in both compliance and the efficiency of the organisation’s international business operations
demonstrate knowledge of relevant Australian, international and local legislation and conventions.
Details of Learning Activities
This subject will be presented as a lecture and a tutorial. You will be expected to compelete exercises from the text aspart of the learning activities.
Teaching Schedule
WEEK | Chapter | ASSESSMENT | LEARNING OUTCOMES |
1 | 1 | understanding international business. |
|
2 | 2 | How culture affects international business |
|
3 | 3 | Trade & Investment policies & regulation | |
4 | 4 | Political & Legal environments | |
5 | 5 | Economic Integration | |
6 | TEST (weeks 1 – 5)20% | ||
7 | 6 | Trade theories | |
8 | 7 | Investment theory & international transactions. |
|
9 | 8 | Exchange rates & Currencies. |
|
10 | 9 | Assignment Due 20% | International financial markets |
11 | 10 | Market entry strategies | |
12 | 11 | Market development strategies |
|
13 | 12 | International Marketing strategies |
|
14 | 13 | International logistics | |
15 | 14 | International Management | |
16 | 15 | The future of international business. |
|
17 | Final Test 60% | ||
18 | Resubmissions |
Learning Resources
Prescribed Texts
Fundamentals of International Business 1st Asia-Pacific Edition 2009 |
References
Other Resources
Overview of Assessment
A range of assessment methods may be used to assess practical skills and knowledge.
The following examples are appropriate for this unit:
analysis of responses to case studies and scenarios
direct questioning combined with review of portfolios of evidence and third party workplace reports of on-the-job performance by the candidate
observation of presentations of financial performance of international business activities
observation of techniques used to report on finances related to international trade/business
oral or written questioning to assess knowledge of principles of accounting and financial systems
review of recording of income and expenditure
assessment of asset and liability valuations recorded and disclosed
assessment of prioritisation of significant issues in statements, for review and decision making.
Assessment Tasks
There will be three (3) assessment tasks, two tests (20 marks and 60 marks) and an assignment (20 marks)
Assessment Matrix
Course Overview: Access Course Overview