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|
|College/School||College of Business & Economics
Tasmanian School of Business and Economics
|Coordinator||Doctor Mai Nguyen|
|Available as an elective?||Yes|
|Delivered By||University of Tasmania and Third Party (Universal College of Higher Education Hong Kong)|
|Location||Study period||Attendance options||Available to|
|Launceston||Accelerated Study Period 3||On-Campus||International||Domestic|
|Cradle Coast||Accelerated Study Period 3||On-Campus||International||Domestic|
|Online||Accelerated Study Period 3||Off-Campus||International||Domestic|
|Hong Kong Universal Ed||Semester 1||On-Campus||International|
- 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.
|Study Period||Start date||Census date||WW date||End date|
|Accelerated Study Period 3||11/9/2023||4/10/2023||26/10/2023||10/12/2023|
* 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 2023 are indicative and subject to change. Finalised census dates for 2023 will be available from the 1st October 2022. Note census date cutoff is 11.59pm AEST (AEDT during October to March).
- 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.
|Field of Education||Commencing Student Contribution 1||Grandfathered Student Contribution 1||Approved Pathway Course Student Contribution 2||Domestic Full Fee|
1 Please refer to more information on student contribution amounts.
2 Please refer to more information on eligibility and Approved Pathway courses.
3 Please refer to more information on eligibility for HECS-HELP.
4 Please refer to more information on eligibility for FEE-HELP.
Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.
You cannot enrol in this unit as well as the following:BFA106, BFA281-A, BFA181-A, BFA208, BFA105-A, XPD108
Introductory 1 hour workshop x 1; 2 hour workshop x 12; plus online content. Please refer to the timetable for dates, time and venue.
|Assessment||Online Quiz on Respondus (20%)|Exam via Respondus (40%)|Case Study (40%)|
|Timetable||View 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
|Links||Booktopia textbook finder|
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