Course Title: Provide financial and business performance information
Part B: Course Detail
Teaching Period: Term2 2025
Course Code: ACCT5439C
Course Title: Provide financial and business performance information
School: 525T Business & Enterprise
Campus: City Campus
Program: C5424 - Diploma of Accounting
Course Contact: Doug Gourlay
Course Contact Phone: +61 3 9925 5944
Course Contact Email: doug.gourlay@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Name: Mandeep Chahil
Phone: 03 9925 5980
Email: mandeep.chahil@rmit.edu.au
Contact hours: Monday to Friday between 8:30am to 5:30pm
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
There is no pre-requisite for this unit.
Course Description
This unit describes the skills and knowledge required to analyse and report on a broad range of financial and business performance information. It involves assessing client needs, analysing data, and preparing advice.
The unit applies to individuals who, in line with their level of authority, use specialised knowledge, systematic approaches, and analytical techniques to research and prepare customised information for clients.
Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Users are advised to check with the relevant regulatory authorities to confirm those requirements.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
FNSACC521 Provide financial and business performance information |
Element: |
1. Assess organisation needs |
Performance Criteria: |
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Element: |
2. Analyse data |
Performance Criteria: |
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Element: |
3. Prepare and provide financial and business performance advice to internal stakeholders |
Performance Criteria: |
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Learning Outcomes
Details of Learning Activities
Students will be expected to attend 2 hours of class each week. They will be introduced to the accounting theory, which will then be supported by practical illustrations. Students will complete exercises to reinforce their understanding of the material. Solutions will be available on the learning management system, Canvas.
Teaching Schedule
Induction Session
Prior to training commencement a program level induction session will be conducted that comprises the following:
- Program overview and requirements
- MyRMIT/Canvas
- Overview of assessment requirements
- Pre-Training Review including:
- Recognition of Prior Learning and Credit Transfers
- Assessment of current skills and knowledge
- Competency/Grading Criteria
- Plagiarism
- Appeals
- Extensions
- Feedback
- Privacy
- Submission requirements
- Resubmission policy
- Where to get support
- Student responsibilities
| Week 1 | 14th July 2025 |
Outline of course
Introduction to Financial Management Reading and activities as per Canvas modules (Week 1) |
Learning Quiz 1 and 2 available [Confirmation of learning engagement] Due no later than Week 3 |
| Week 2 | 21st July 2025 |
Introduction to Financial Management Major Sources of Finance Reading and activities as per Canvas modules (Week 2) |
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| Week 3 | 28th July 2025 |
Business Risk Reading and activities as per Canvas modules (Week 3) |
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| Week 4 | 4th August 2025 |
Business Mathematics with the use of a calculator Business Mathematics using Excel Reading and activities as per Canvas modules (Week 4) |
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| Week 5 | 11th August 2025 |
Business Mathematics Cont.. Business Mathematics using Excel Reading and activities as per Canvas modules (Week 5) |
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| Week 6 | 18th August 2025 |
Management of Working Capital Economic Order Quantity (EOQ) Economic Order Quantity (EOQ) using Excel Reading and activities as per Canvas modules (Week 6) |
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| Week 7 | 25th August 2025 |
Management of Working Capital.. Cont.. Economic Order Quantity (EOQ) using Excel Reading and activities as per Canvas modules (Week 7) |
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Mid-semester break from 1 - 7 September 2025 |
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| Week 8 | 8th September 2025 |
Financial Ratios Financial Ratios using Excel Reading and activities as per Canvas modules (Week 8) |
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| Week 9 | 15th September 2025 |
Financial Ratios (cont’d) and Business Analysis Assessment Task 1 discussion of requirements Reading and activities as per Canvas modules (Week 9) |
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| Week 10 | 22nd September 2025 |
Assessment Task 1 (knowledge-based test) Reading and activities as per Canvas modules (Week 10) |
Assessment Task 1 is due |
| Week 11 | 29th September 2025 |
Weighted Average Cost of Capital (WACC) Weighted Average Cost of Capital (WACC) using EXCEL Reading and activities as per Canvas modules (Week 11) |
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| Week 12 | 6th October 2025 |
Weighted Average Cost of Capital (WACC) using EXCEL Cont.. Assessment 2- Discussion Reading and activities as per Canvas modules (Week 12) |
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| Week 13 | 13th October 2025 |
Dividend Policy Business Plans Reading and activities as per Canvas modules (Week 13) |
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| Week 14 | 20th October 2025 | Assessment Task 2 (role plays) |
Assessment Task 2 is due |
| Week 15 | 27th October 2025 |
Working on Assessment Task 3 Assessment Task 3 (presentations) |
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| Week 16 | 3rd November 2025 | Assessment Task 3 (presentations) |
Assessment Task 3 is due |
| Week 17 | 10th November 2025 | Feedback to students, resits and re-submissions | |
| Week 18 | 17th November 2025 | Re-submission of Assignment 2 |
FULL-TIME STUDENTS- The nominal hours associated with this are a guide only and represent the total teaching time and student effort required to successfully complete this course. This may include not only scheduled classes but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.
Learning Resources
Prescribed Texts
References
Other Resources
Suggested texts:
Provide financial & Business performance information
by Richard Hughes & Godfrey Senaratne
8th Edition (January 2023)
ISBN: 978-1-76073-2844
Overview of Assessment
In order to achieve competency in this unit, you must provide:
Performance Evidence
The candidate must demonstrate the ability to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including evidence of the ability to:
- prepare and document at least one piece of financial and business performance advice that:
- complies with financial legislation and accounting standards, practices and principles
- assesses general taxation, compliance and business viability issues faced by a client
- assesses risk management options and practices.
Knowledge Evidence
The candidate must be able to demonstrate knowledge to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including knowledge of:
- functions and features of policies and processes relating to financial and business performance information
- common techniques used to assess and forecast financial and business performance
- methods to assess client needs according to legal and financial business requirements
- methods to compile, reconcile and analyse data
- features of complex taxation issues and escalation procedures
- features and principles of future cash flows
- methods to quantify cash flows
- common types of short-term and long-term finance and alternative finance sources
- financial risks, contingencies, and risk management options relating to financial and business performance
- key components of a recommendations report relating to financial and business performance, including:
- advice on how future cash flows may be identified and quantified
- advice on alternative finance sources and features of short-term and long-term finance
- risk management options and contingencies
- rights and obligations.
Assessment Conditions
Skills in this unit must be demonstrated in a workplace or simulated environment where the conditions are typical of those in a working environment in this industry.
This includes access to:
- office equipment, technology, software and consumables required to provide financial and business performance information, including digital technologies to access, extract and share information
- access to the internet
- sources of information on organisation’s needs.
Assessors of this unit must satisfy the requirements for assessors in applicable vocational education and training legislation, frameworks and/or standards.
You are advised that you are likely to be asked to personally demonstrate your assessment work to your teacher to ensure that the relevant competency standards are being met.
Feedback
Feedback will be provided throughout the semester in class and/or online discussions. You are encouraged to ask and answer questions during class time and online sessions so that you can obtain feedback on your understanding of the concepts and issues being discussed. Finally, you can email or arrange an appointment with your teacher to gain more feedback on your progress.
You should take note of all feedback received and use this information to improve your learning outcomes and final performance in the course.
Assessment Tasks
Assessment
The unit will have three (3) assessment tasks. In order for students to be competent in this unit/cluster, all three assessments must be completed satisfactorily.
Assessment Task 1 (Week 10)
This is a knowledge-based assessment that is to be completed individually under observation in the class. It will be based on topics covering Financial Management and Microsoft Excel knowledge.
Assessment Task 2 (Week 13)
This task (analysing data to prepare advice) will be completed out of class, and will consist of a series of case studies and short activities.
Assessment Task 3 (Week 16)
This assessment requires that students demonstrate financial management skills and knowledge using evidence generated by students in the form of case studies, presentations and reports that will incorporate the use of spread sheeting applications.
Further details will be provided by your teacher.
*Note: The Teacher or Course Coordinator may at any time ask you to demonstrate and/or reproduce assessment tasks to validate their authenticity.
Assessment Matrix
The assessment matrix that maps all the assessment is available on CANVAS under Assignments.
All assessments will utilise a competency-based model and will be deemed as either Satisfactory or Not Yet Satisfactory.
Other Information
Submission Requirements
Submit an assessment online via Canvas
Most assessments at RMIT can be submitted online via Canvas using Turnitin software. Submissions via Canvas include an online assessment declaration.
Go to the Canvas webpage for instructions on how to submit your assessments via Canvas.
Find assessments for your courses including online timed assessments and on-campus exams, plus instructions on how to submit assignments and what feedback to expect from your teachers on following link:
https://www.rmit.edu.au/students/my-course/assessment-results/assessment
Student support
Your first point of contact for any support needs with your assessments should be your teacher and assessor. If you require further support, you should consider contacting the following support services at RMIT.
Assessment adjustments
Students requiring support or adjustments for their formal assessments task or exams should contact Equitable Learning Services (ELS)Links to an external site., for more information on the types of adjustments provided, access RMIT adjustments to assessmentLinks to an external site..
Special consideration
If unexpected circumstances affect your ability to complete an assessment you can apply for special consideration. For more information access RMIT special considerationLinks to an external site..
Appeals
As an RMIT student you are entitled to seek a review of decisions that impact on your studies. For more information access RMIT appealsLinks to an external site..
Marking Guide (Competency):
You must demonstrate that you have all the required skills/knowledge/elements in the unit of competency you are studying.
You will receive feedback on each assessment task that will inform you about your progress and how well you are performing and you will achieve one of the following results:
Final results table:
CA Competency Achieved
NYC Not Yet Competent
DNS Did Not Submit for assessment
Course Overview: Access Course Overview