Course Title: Provide financial and business performance information

Part B: Course Detail

Teaching Period: Term2 2008

Course Code: ACCT5208C

Course Title: Provide financial and business performance information

School: 650T TAFE Business

Campus: City Campus

Program: C6072 - Advanced Diploma of Accounting

Course Contact : Des Minogue

Course Contact Phone: +61 3 9925 5485

Course Contact

Name and Contact Details of All Other Relevant Staff

Ian Nash

Jenny Seiler

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 unit covers the competency to analyse and report a broad range of financial and business performance information.

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
4. All data and reports are analysed in accordance with standard financial analysis techniques
5. Data is reconciled to ensure statements are accurate and comply with organisational procedures and statutory requirements.


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.
4. Progress of plans is reviewed regularly against agreed criteria and results communicated to client
5. Client objectives are monitored to identify changes in client needs
6. Feedback on service is regularly obtained, analysed and incorporated into services to client.
7. Shortfalls in customer service are investigated and proposals for overcoming them are formulated and implemented


Prepare advice

Performance Criteria:

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
4. Client is advised of risk management options
5. Client is advised of rights and obligations
6. Client is advised on alternative sources and features of short and long term finance

Learning Outcomes

Please refer to Elements of Competency.

Details of Learning Activities

Learning Activities In order to achieve learning outcomes, students will participate in the following activities:

• Attend and prepare notes during scheduled classes
• Participate in class discussions and problem solving exercises
• Research using the internet, industry contacts and prescribed/recommended references.
• Prepare out of class answers to class exercises involving theory based tasks, problem solving tasks, case studies/simulations or multiple choice questions
Complete required assessment tasks

Teaching Schedule

Week beginningTopicAssessment
July 7Introduction to Course
Chapter 1 Goal and function of Financial management
July 15Chapter 3 Sources of FinanceAssignment out
July 21Chapter 3 Sources of Finance 
July 28Chapters 2 & 6 Working capital management 
Aug 4Chapter 4 Analysis of financial statements 
Aug 11Chapter 4 Analysis of financial statements 
Aug 18 Chapter 5 Report writing
Sep 1Mid Semester Break 
Sep 8Review of test
Chapter 7 Cost of Capital (WACC)
Sep 15Chapter 8 Capital Structure decisionsAssignment due
Sep 22Chapters 9 & 10 Capital Investment techniques and applications 
Sep 29Chapter 12 Dividend Policy 
Oct 6 Chapter 14 Financial Intermediaries 
Oct 13Balanced Scorecard  
Oct 20Review  
Nov 3Resits 
Nov 10Resits & Feedback- course/tests/competencies 

Learning Resources

Prescribed Texts

Financial Management Principles and Applications 5th edition
Wilson, Keers, Medlen and Walters


Provide Financial and Business Performance Information
Produced by Bruce Phillips (First edition)

Business Budgeting and Financial Management Hughes, Minogue and Senaratne

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 such as tests, workbooks, assignments, presentations and class exercises.

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

Test 1   35%

Test 2   35%

Assignment 30% 

To achieve a pass result in this course students MUST gain a pass in each assessment task.

Assessment Matrix

Course Overview: Access Course Overview