Course Title: Develop and manage a budget
Part B: Course Detail
Teaching Period: Term2 2018
Course Code: ACCT5408C
Course Title: Develop and manage a budget
School: 174T School of VE Engineering, Health & Science
Campus: City Campus
Program: C6156 - Advanced Diploma of Surveying
Course Contact: Thierry Demathieu
Course Contact Phone: +61 3 9925 8359
Course Contact Email: thierry.demathieu@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Dr. Toby Manning
RMIT University
Building 57, Level 5, Room 37
115 Queensberry St
Carlton 3053, Australia
Tel. +61 3 9925 4934
Email: toby.manning@rmit.edu.au
Nominal Hours: 80
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
There are no pre-requisites for this unit.
Course Description
This unit describes the skills and knowledge required to collect and analyse information and apply sound accounting principles to the development and ongoing management of a budget for a small organisation or section of a large organisation.
It applies to individuals who use a range of specialist and managerial techniques to plan, monitor and control budgetary work.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
FNSORG501 Develop and manage a budget |
Element: |
1.Plan for and collect information for budget |
Performance Criteria: |
1.1.Determine and confirm areas for which budget is being prepared with appropriate personnel, and identify, access and analyse data required for development of budget |
Element: |
2.Develop budget |
Performance Criteria: |
2.1.Draft budget based on analysis of all available information in accordance with organisational policy |
Element: |
3.Finalise budget and allocate resources |
Performance Criteria: |
3.1.Provide final budget which incorporates agreed modifications to appropriate personnel |
Element: |
4.Monitor and control budget |
Performance Criteria: |
4.1.Check actual income and expenditure against budget at regular intervals, and prepare and present budget reports to appropriate personnel |
Element: |
5.Complete financial and statistical reports |
Performance Criteria: |
5.1.Complete all required financial and statistical reports accurately within designated timelines |
Learning Outcomes
Please refer to the Elements of Competency.
Details of Learning Activities
The learning activities for this course are designed to develop skills and knowledge required to collect and analyse information and apply sound accounting principles to the development and ongoing management of a budget for a small organisation or section of a large organisation. These learning activities will be delivered as:
- Lectures
- Tutorials
- Practicals
Teaching Schedule
Week |
Topic |
Task / Assessment |
19 (1) |
Introduction to topic – |
|
4/7 |
Monitoring |
|
20 (2) |
|
|
11/7 |
Major Project – Site visit |
|
21 (3) |
|
|
18/7 |
Monitoring – Assessment |
|
22 (4) |
|
Assessment 1 30% (DUE) |
25/7 |
Remote sensing - 1 |
|
23 (5) |
|
|
1/8 |
Monitoring |
|
24 (6) |
|
|
8/8 |
Major Project – Site visit/Survey 1 |
|
25 (7) |
|
|
15/8 |
Monitoring |
|
26 (8) |
|
|
22/8 |
Remote sensing 2 - Assignment |
|
BREAK |
|
|
27 (9) |
|
|
5/9 |
Monitoring |
|
28 (10) |
|
|
12/9 |
Major Project– Site visit/Survey 2 |
|
29 (11) |
|
|
19/9 |
Monitoring |
|
30 (12) |
|
|
26/9 |
Remote sensing - 3 |
|
31 (13) |
|
|
3/10 |
Monitoring |
|
32 (14) |
|
|
10/10 |
Major Project – Finalise the report |
|
33 (15) |
|
|
17/10 |
Monitoring – Assessment |
|
34 (16) |
|
Assessment 2 40% (DUE) |
24/10 |
Remote sensing 4 - TEST |
|
35 (17) |
|
Assessment 3 30% (DUE) |
31/10 |
Monitoring – feedback |
|
36 (18) |
|
|
7/11 |
|
|
Learning Resources
Prescribed Texts
References
Other Resources
Students will be able to access course information and learning materials through the Learning Hub and may be provided with additional materials in class. Lists of relevant reference books, resources in the library and accessible Internet sites will be provided where possible. You will also use equipment and software packages in the laboratory for the project work. During the course, you will be directed to websites to enhance your knowledge and understanding of difficult concepts
Check the Library Subject Guides: http://rmit.libguides.com/geospatial
Overview of Assessment
Assessment Tasks
Students must pass each of the following assessment tasks to demonstrate competent.
Assessment |
Weight% |
|
Task 1 |
Assignment 1 |
30% |
Task 2 |
Assignment 2 |
40% |
Task 3 |
Presentation |
30% |
These tasks assesses the following Course Learning Outcomes (CLOs):
Assessment Mapping Matrix
Elements/ Performance Criteria Covered |
Task 1 |
Task 2 |
Task 3 |
1.1 |
X |
X |
|
1.2 |
X |
X |
|
1.3 |
X |
X |
|
2.1 |
X |
X |
|
2.2 |
X |
X |
|
3.1 |
X |
X |
|
3.2 |
|
X |
X |
3.3 |
X |
X |
|
4.1 |
X |
X |
|
4.2 |
|
|
X |
5.1 |
X |
X |
|
5.2 |
X |
X |
|
5.3 |
|
X |
X |
To be deemed competent you must demonstrate an understanding of all aspects required of the competency. Assessment methods have been designed to measure your achievement of each competency in a flexible manner over multiple tasks.
Assessment Tasks
Students must pass each of the following assessment tasks to demonstrate competent.
Assessment |
Weight% |
|
Task 1 |
Assignment 1 |
30% |
Task 2 |
Assignment 2 |
40% |
Task 3 |
Presentation |
30% |
These tasks assesses the following Course Learning Outcomes (CLOs):
Assessment Matrix
Elements/ Performance Criteria Covered |
Task 1 |
Task 2 |
Task 3 |
1.1 |
X |
X |
|
1.2 |
X |
X |
|
1.3 |
X |
X |
|
2.1 |
X |
X |
|
2.2 |
X |
X |
|
3.1 |
X |
X |
|
3.2 |
|
X |
X |
3.3 |
X |
X |
|
4.1 |
X |
X |
|
4.2 |
|
|
X |
5.1 |
X |
X |
|
5.2 |
X |
X |
|
5.3 |
|
X |
X |
To be deemed competent you must demonstrate an understanding of all aspects required of the competency. Assessment methods have been designed to measure your achievement of each competency in a flexible manner over multiple tasks.
Other Information
To be deemed competent you must demonstrate an understanding of all aspects required of the competency. Assessment methods have been designed to measure your achievement of each competency in a flexible manner over multiple tasks.
Credit Transfer and/or Recognition of Prior Learning (RPL):
You may be eligible for credit towards courses in your program if you have already met the learning/competency outcomes through previous learning and/or industry experience. To be eligible for credit towards a course, you must demonstrate that you have already completed learning and/or gained industry experience that is:
• Relevant
• Current
• Satisfies the learning/competency outcomes of the course
Please refer to http://www.rmit.edu.au/students/enrolment/credit to find more information about credit transfer and RPL.
Study and Learning Support:
Study and Learning Centre (SLC) provides free learning and academic development advice to you. Services offered by SLC to support your numeracy and literacy skills are:
• Assignment writing, thesis writing and study skills advice
• Maths and science developmental support and advice
• English language development
Please refer to http://www.rmit.edu.au/studyandlearningcentre to find more information about Study and Learning Support.
Disability Liaison Unit:
If you are suffering from long-term medical condition or disability, you should contact Disability Liaison Unit to seek advice and support to complete your studies.
Please refer to http://www.rmit.edu.au/disability to find more information about services offered by Disability Liaison Unit.
Late Submission:
If you require an Extension of Submittable Work (assignments, reports or project work etc.) for seven calendar days or less (from the original due date) and have valid reasons, you must complete an Application for Extension of Submittable Work (7 Calendar Days or less) form and lodge it with the Senior Educator/ Program Manager.
The application must be lodged no later than one working day before the official due date. You will be notified within no more than two working days of the date of lodgement as to whether the extension has been granted.
If you seek an Extension of Submittable Work for more than seven calendar days (from the original due date), you must lodge an Application for Special Consideration form under the provisions of the Special Consideration Policy, preferably prior to, but no later than two working days after the official due date.
Submittable Work (assignments, reports or project work etc.) submitted late without approval of an extension will not be accepted or marked.
Special Consideration:
Please refer to http://www.rmit.edu.au/students/specialconsideration to find more information about special consideration.
Plagiarism:
Plagiarism is a form of cheating and it is very serious academic offence that may lead to expulsion from the university.
Please refer to http://www.rmit.edu.au/academicintegrity to find more information about plagiarism.
Email Communication:
All email communications will be sent to your RMIT email address and you must regularly check your RMIT emails.
Course Overview: Access Course Overview