Financial Accountability and Management unit (BFA107)

Cradle Coast, Hobart, Launceston, Online

Introduction

This unit will introduce you to the major concepts and analytical tools used in the theory and practice of financial accountability and 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.

Summary

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

Availability

Location	Study period	Attendance options		Available to
Cradle Coast	Semester 2
Hobart	Semester 2
Launceston	Semester 2
Online	Semester 2

Note

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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
Semester 2	5/7/2026	27/7/2026	30/8/2026	24/10/2026

* 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 2026 are indicative and subject to change. Finalised census dates for 2026 will be available from the 1st October 2025. 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 accountability and management concepts and tools to help users in making informed decisions that incorporate risk, including ESG risks, and return.
• Communicate financial accountability and management information in a variety of business situations.

Fee Information

Field of Education	Commencing Student Contribution 1,3	Grandfathered Student Contribution 1,3	Approved Pathway Course Student Contribution 2,3	Domestic Full Fee 4
091901	$2,174.00	$1,703.00	not applicable	$2,862.00

• Available as a Commonwealth Supported Place
• HECS-HELP is available on this unit, depending on your eligibility³
• FEE-HELP is available on this unit, depending on your eligibility⁴

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.

If you have any questions in relation to the fees, please contact UniConnect or more information is available on StudyAssist.

Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.

Requisites

Mutual Exclusions

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

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

Teaching

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.
Assessment	Online Quiz 1 (20%)|Online Quiz 2 (30%)|Major Assignment (50%)
Timetable	View the lecture timetable | View the full unit timetable

Textbooks

Required

Financial Management, Principles and Applications, 9th edition, Pearson Australia Titman S, Zeka B, Keown A, & Martin J, 2023

Recommended

Finance Essentials, 1st Edition, John Wiley & Sons, Australia David Kidwell, Mark Brimble, Nigel Morkel-Kingsbury, Paul Mazzola, Jennifer James.   Fundamentals of Corporate Finance, 5th edition, John Wiley & Sons, Australia                                                                                                          Parrino, R, D, Au Yung, HH, Morkel-Kingsbury, N, Dempsey, M, Ekanayake S, James, J & Murray, J

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