Course Title: Business Advisory Services

Part A: Course Overview

Course Title: Business Advisory Services

Credit Points: 12.00


Course Code




Learning Mode

Teaching Period(s)


City Campus


615H Accounting


Sem 1 2006,
Sem 2 2006,
Sem 1 2007,
Sem 2 2007,
Sem 1 2008,
Sem 2 2008,
Sem 1 2009,
Sem 2 2009,
Sem 1 2010,
Sem 2 2010,
Sem 1 2011,
Sem 2 2011,
Sem 1 2012,
Sem 2 2012,
Sem 1 2013,
Sem 2 2013,
Sem 1 2014,
Sem 1 2015,
Sem 2 2015,
Sem 1 2016,
Sem 2 2016,
Sem 1 2017,
Sem 2 2017,
Sem 1 2018,
Sem 2 2018,
Sem 1 2019,
Sem 2 2019


Hong Kong Management Associatn


615H Accounting


Offsh 2 10


Kolej Metropolitan


615H Accounting


Offsh 3 09,
Offsh 3 11


Singapore Inst of Management


615H Accounting


Offsh 3 09,
Offsh 3 11


RMIT University Vietnam


615H Accounting


Viet1 2009,
Viet2 2009,
Viet3 2009,
Viet1 2010,
Viet2 2010,
Viet3 2010,
Viet1 2011,
Viet2 2011,
Viet3 2011,
Viet1 2012,
Viet2 2012,
Viet3 2012,
Viet1 2013,
Viet3 2013,
Viet2 2014,
Viet1 2015,
Viet3 2015,
Viet2 2016,
Viet1 2017,
Viet3 2017

Course Coordinator: Dr Tehmina Khan

Course Coordinator Phone: +61 3 9925 5704

Course Coordinator Email:

Pre-requisite Courses and Assumed Knowledge and Capabilities

Pre-requisite Courses


Assumed Knowledge and Capabilities

It is assumed that you have knowledge about and competency in the use of basic business reports and accounting concepts and practices. This knowledge and skill can be obtained by successful completion of the RMIT course Accounting in Organisations and Society, or its equivalent.
You are advised to follow the sequence of courses in your degree structure.

  • Note it is a condition of enrolment at RMIT that you accept responsibility for ensuring that you have completed any prerequisite criteria before enrolling in a course.
  • The RMIT Course Requisites policy can be found at:;ID=twx09y07zi1

Course Description

Business Advisory Services aims to deepen your understanding of the problems faced by small businesses and develop in you an appreciation of and knowledge about the management and operation of a small business.This course is of particular interest to those students who may own and/or manage a Small to Medium Enterprise (SME) in the future or will be in a position to advise owners and managers of SMEs.You will be introduced to the practicalities of running a small to medium enterprise.You will also examine case studies designed to give you practical experience in dealing with the real-life problems faced by SME owners/managers.

Objectives/Learning Outcomes/Capability Development

This course provides an opportunity for you, as an individual and as a member of a team, to develop the following capabilities in regards to the small business sector:

  • to analyze data and to reason logically;
  • to evaluate alternative options;
  • to make judgments and be flexible in thinking;
  • to communicate clearly your analysis and reasoning in both written and oral form.

On successful completion of this course you will be able to:

  1. Demonstrate knowledge and understanding of the practical aspects of owning and/or running an SME
  2. Demonstrate knowledge and understanding of the problems faced by SME owners and managers.
  3. Suggest practical solutions to those problems referred to above.
  4. Support your suggestions with an analysis of the problem(s) and sound reasoning.

Overview of Learning Activities

The major learning and teaching between you and staff are face-to-face, class-based lecture and tutorial type activities that involve you in the gaining of knowledge about the small business sector and developing skills to solve problems and issues faced by small businesses. Your self-directed learning will involve completion of the set reading and tutorial-type work, and the assessment tasks.

Overview of Learning Resources

Access to information about and material for this course is via the RMIT web site for this course.

You will be expected to obtain access to and regularly use:

  • extra material provided by the Small Business and the Accountant teaching team,
  • other university-level text books, journals, and web sites dealing with Small Business;
  • newspapers, magazines, and other media discussions of Small Business news and issue.

Overview of Assessment

Assessment Task 1: 40%

Linked CLOs: 1


Assessment Task 2: 10%

Linked CLOs: 2, 3, 4


Assessment Task 3: 50%

Linked CLOs: 1, 2, 3, 4



This course uses assessment to measure and report on your achievement of capabilities against learning outcomes and to provide you with feedback on your performance and progress. Assessment in this course is designed to allow you to demonstrate knowledge of the material covered in the lecture and tutorial program, and also your capacity to apply this knowledge to solve problems and issues faced by small businesses.

Assessment you may face in Business Advisory Services may include a combination of some or all of the following:

  • assignments or projects, which provide an opportunity for you to research issues and to provide written summaries of your findings;
  • and/or, class presentations, which evaluate your capacity to communicate your comprehension and understanding of the issues covered in the course;
  • and/or, an in-semester test designed to evaluate your comprehension and understanding of course material;
  • and/or, periodic written answers to text book questions designed to evaluate your comprehension and understanding of course material and to evaluate your ability to communicate your answers in written form;
  • and/or, an end-of-semester exam, which will provide an opportunity for you to demonstrate your ability to solve problems, under time pressure.

Pass Criteria: you need to achieve at least 50% overall for the semester to pass this course.