Course Title: Develop and implement financial strategies
Part B: Course Detail
Teaching Period: Term1 2010
Course Code: ACCT5271C
Course Title: Develop and implement financial strategies
School: 650T TAFE Business
Campus: City Campus
Program: C6072 - Advanced Diploma of Accounting
Course Contact : Arie Herrnstadt
Course Contact Phone: +61 3 9925 5897
Course Contact Email:arie.herrnstadt@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Arie Herrnstadt, Course Coordinator
+61 3 9925 5897
arie.herrnstadt@rmit.edu.au
John Calabro
+61 3 9925 5464
john.calabro@rmit.edu.au
David de Garis
+61 3 9925 5490
david.degaris@rmit.edu.au
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
The unit covers the competency to develop and implement long term plans for the optimisation of financial outcomes for an organisation.
If you are undertaking this course in Melbourne from semester 2, 2012 onwards your teacher will advise you if you require access to a computer for the course. It is recommended that you have access to a mobile computing device to allow greater flexibility in terms of where you can work on campus outside class times.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
FNSACCT610B Develop and implement financial strategies |
Element: |
FNSACCT610B/01 Review data |
Performance Criteria: |
1. Costs of, and returns from, assets and liabilities are analysed using standard accounting techniques to identify extent of debt and equity financing. |
Element: |
FNSACCT610B/02 Determine options |
Performance Criteria: |
1. Long and short term periods are established for the organisation by reference to strategic goals, cash flow requirements and operational objectives. |
Element: |
FNSACCT610B/03 Implement strategies |
Performance Criteria: |
1. Financial plans are structured to meet strategic goals and provide returns within long and short term operational objectives. |
Element: |
FNSACCT610B/04 Evaluate outcomes |
Performance Criteria: |
1. Interrelationships between long and short term objectives are monitored to ensure consistency of returns between operational and investment plans. |
Learning Outcomes
Details of Learning Activities
Lecture sessions, tutorial sessions (and out-of-class research and homework)
Teaching Schedule
Week | Topics / Learning Activities for 1 session of 3 hours |
Assessment Tasks / Elements |
Week 1 – 8 Feb |
Asset values and ROI: micro and macroeconomic factors | Element 1.1-3, 3.1-3 |
2 – 15 Feb | Market demand | Element 2.2, 4.2 |
3 – 22 Feb | Market supply | Element 2.2, 4.2 |
4 – 1 March | Market Prices/ Equilibrium | Element 2.2, 4.2 |
5 – 8 March | Market Prices/ Equilibrium | Element 2.2, 4.2 |
6 – 15 March | Price elasticity and marketing strategy | Element 2.2, 4.2 |
7 – 22 March | Market structures and strategy | Element 2.2, 4.2 |
8 – 29 March | Assessment 1 | Assessment 1 |
9 – 12 April | Australian Financial System | Element 2.3 |
10 – 19 April | Australian Financial Markets | Elements 2.3, 3.3, 4.1 |
11 – 26 April | Corporate debt market | Elements 2.1-3, 3.1-2 |
12 – 3 May | Equity market | Element 2.3 |
13 – 10 May | Capital gearing, sources of finance and tax effects | Element 1.2, 2.3, 2.4, 3.1, 3.2, 4.1-3 |
14 – 17 May | Revision | |
15 – 24 May | Presentation: Financing strategy | Assessment 2 |
16 – 31 May | Project feedback and Revision | |
17 – 7 June | Final Test | Assessment 3 – 100% |
Learning Resources
Prescribed Texts
Nil |
References
Nil |
Other Resources
Nil
Overview of Assessment
Assessment may incorporate a variety of methods including technical requirements documentation, homework, assignments, group and/or individual projects, in class exercises, written and practical tests, problem solving exercises, presentations, direct observation of actual and simulated work practice, presentation of a portfolio of evidence which may comprise documents, and/or photographs and/or video and audio files, review of products produced through work-based or course activities.
Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure that the relevant competency standards are being met. Students will be provided with feedback throughout the course to check their progress.
Assessment Tasks
Assessment 1 Test C/NYC
Group Presentation C/NYC
Final Test 100%
Assessment Matrix
FNSACCT610B – Develop and implement financial strategies | Assessment 1 | Group presentation – Week 15 | Final test – Week 17 (100%) |
Element 1: Review data | Yes | Yes | |
Element 2: Determine options | Yes | Yes | |
Element 3: Implement strategies | Yes | Yes | |
Element 4: Evaluate outcomes | Yes |
Other Information
Competency and grading requirements:
Assessment methods have been designed to measure achievement of each competency in two types of assessments. To be deemed competent students must demonstrate an understanding of all elements of a competency.
Students are advised that they will be asked to personally demonstrate their assessment work or competency (verbally and/or in writing) to their teacher to ensure that the relevant competency standards are being met.
The two assessments for this course must be completed to achieve CA (Competency Achieved).
Students with a NYC (Not Yet Competent) will only be given one more opportunity to demonstrate and achieve competency for either or both of the two assessments, within a week of the initial assessment, or at a time specified by the teacher.
An optional final test will be offered to students seeking grading (from Pass to High Distinction). This will only be available to students who have achieved a CA in both of the first two assessments.
Course Overview: Access Course Overview