Courses & Units

Financial Accountability and Management BFA107


This unit will introduce you to the major concepts and analytical tools used in the theory and practice of accountability and financial management in a business organisation. It is designed to provide you with an understanding of: • the basis of finance concepts including interest rate and the time value of money; the application of time value of money in evaluating different financial assets such as bonds and equity; • accountability and the application of financial management concepts in identifying and assessing environmental, social and governance risks; and • the scope and nature of the finance function and its role within management. This unit also develops your practical skills in the identification and analysis of financial problems and prepares you to provide advice to users on their decision making and the risks involved, including ESG risks. Specifically, this unit explains the relationship between risk and returns while considering the role and objectives of accountability, financial management and capital budgeting. It introduces students to the role and function of the capital markets, the various sources of finance and the accountability of the actors involved in the process.


Unit name Financial Accountability and Management
Unit code BFA107
Credit points 12.5
College/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Accounting
Coordinator Mrs Ashley Amore
Available as an elective? Yes
Delivered By University of Tasmania
Level Introductory


Location Study period Attendance options Available to
Hobart Semester 1 On-Campus International Domestic
Launceston Accelerated Study Period 3 On-Campus International Domestic
Cradle Coast Accelerated Study Period 3 On-Campus International Domestic
Online Semester 1 Off-Campus International Domestic
Online Accelerated Study Period 3 Off-Campus International Domestic


International students
Domestic students

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Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.

Key Dates

Study Period Start date Census date WW date End date
Accelerated Study Period 3 16/9/2024 9/10/2024 31/10/2024 15/12/2024
Semester 1 26/2/2024 22/3/2024 15/4/2024 2/6/2024

* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (refer to How do I withdraw from a unit? for more information).

Unit census dates currently displaying for 2024 are indicative and subject to change. Finalised census dates for 2024 will be available from the 1st October 2023. Note census date cutoff is 11.59pm AEST (AEDT during October to March).

About Census Dates

Learning Outcomes

  • Explain the theory and processes in financial accountability and management to enable informed decisions.
  • Apply financial management concepts and tools to help users in making informed decisions that incorporate risk, including ESG risks, and return.
  • Use professional communication skills to convey accountability and financial management information in a variety of business situations.

Fee Information

The 2024 Commonwealth Supported Place (CSP) rates are still being finalised by the Government and we will update the domestic fee information as soon as we have more details.


Mutual Exclusions

You cannot enrol in this unit as well as the following:

BFA106, BFA281-A, BFA181-A, BFA208, BFA105-A, XPD108


Teaching Pattern

Introductory 1 hour workshop x 1; 2 hour workshop x 12; plus online content. Please refer to the timetable for dates, time and venue.

AssessmentOnline Quiz on Respondus (20%)|Case Study (40%)|Exam via Respondus (40%)
TimetableView the lecture timetable | View the full unit timetable



Titman S, Martin, T, Keown, A & Martin, J 2018, Financial Management, Principles and Applications,  8th edition, Pearson Australia. ISBN: 9781488617218


Parrino, R, D, Au Yung, HH, Morkel-Kingsbury, N, Dempsey, M, Ekanayake S, James, J & Murray, J 2019, Fundamentals of Corporate Finance, 3rd edition, John Wiley & Sons, Australia

LinksBooktopia textbook finder

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.