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: des.minogue@rmit.edu.au
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
NONE
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 |
Element: |
Analyse data |
Performance Criteria: |
1. Advice on reliability and accuracy of data is sought from appropriate authorities and sources in accordance with organisational procedures. |
Element: |
Assess client needs |
Performance Criteria: |
1. Expectations and objectives of client are clarified and confirmed to ensure mutual understanding of client goals. |
Element: |
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. |
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
Week | Week Commencing |
Topic (Learning Outcome) |
Assessment |
1 | Feb 12 | Objectives and functions of financial management. | |
2 | Feb 19 | Types and sources of finance. | |
3 | Feb 26 | Types and sources of finance. | |
4 | Mar 5 | Capital and risk management. | |
5 | Mar 12 | Capital and risk management. | |
6 | Mar 19 | Financial literacy & report writing | |
7 | Mar 26 | Analysis and interpretation – Financial stability • Ratio calculations • Interpretation |
|
8 | Apr 2,9 | Review | |
9 | Apr 16 | Test |
Test 1 Covering weeks 1-8 |
10 | Apr 23 | Analysis and interpretation – Profitability • Ratio calculations • Interpretation |
|
11 | Apr 30 | Analysis and interpretation-Market Ratios and Investment Potential | |
12 | May 7 | Analysis and interpretation- Applications, Limitations and Review | Assignment due at first class |
13 | May 14 | Business and capital budgeting | |
14 | May 21 | Business and capital budgeting | |
15 | May 28 | Test |
Test 2 Covering weeks 10-14 |
16 | June 4 | Presentations | |
17 | June 11 | Presentations | |
18 | June 18 | Presentations, Review |
Assessment: | Marks | Gradings: | |||
Test 1 | 30 | Mark Range | Mark | Result | Description |
Test 2 | 30 | 80-100 | HD | H | High Distinction |
Assignment | 30 | 70-79 | DI | D | Distinction |
Presentations | 10 | 60-69 | CR | C | Credit |
100 | 50-59 | PA | P | Pass | |
0-49 | NN | N | Fail |
Overview of Learning Resources
Learning Resources
Prescribed Texts
Text (prescribed, compulsory) |
References
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%.
Homework
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