Unit Outline
XPD108
Financial Accountability and Management
IPC Semester 2, 2024
Mustajab Ahmed Soomro
DVC - Education
Academic Division (Division)
CRICOS Provider Code: 00586B

Unit Coordinator
Mustajab Ahmed Soomro
Email: MustajabAhmed.Soomro@utas.edu.au
 

What is the Unit About?
Unit Description
This unit will introduce you to the major concepts and analytical tools used in the theory and practice of financial management in a business organization. It is designed to provide you with an understanding of: • The basis of finance concepts including interest rate and time value of money • The application of time value of money in evaluating different financial assets such as bond and equity • The scope and nature of the finance function and its role within management This unit also develops your practical skills in identification and analysis of financial problems. Specifically, this unit explains the relationship between risk and returns while considers the role and objectives of financial management and capital budgeting. It introduces students to the role and function of the capital markets and the various sources of finance.
Intended Learning Outcomes
As per the Assessment and Results Policy 1.3, your results will reflect your achievement against specified learning outcomes.
On completion of this unit, you will be able to:
1.
Explain the theoretical underpinnings and processes in financial decision making.
2.
Apply concepts and analytical tools of finance to make decisions that incorporate risk and return.
3.
Use professional written communication to convey financial information in a variety of business situations.
Requisites
REQUISITE TYPE
REQUISITES
Anti-requisite (mutual excl)
BFA107, BFA106, BFA281-A, BFA181-A, BFA208, BFA105-A
Alterations as a result of student feedback
 
 
 

Teaching arrangements
ATTENDANCE MODE
TEACHING TYPE
LEARNING ACTIVITY
CONTACT HOURS
FREQUENCY
Attendance / engagement expectations
If your unit is offered On campus, it is expected that you will attend all on-campus and onsite learning activities. This is to support your own learning and the development of a learning community within the unit. If you are unable to attend regularly, please discuss the situation with your course coordinator and/or our UConnect support team.

If your unit is offered Online or includes online activities, it is expected you will engage in all those activities as indicated in the Unit Outline or MyLO, including any self-directed learning.

If you miss a learning activity for a legitimate reason (e.g., illness, carer responsibilities) teaching staff will attempt to provide alternative activities (e.g., make up readings) where it is possible.
 
 
 
 

How will I be Assessed?
 
For more detailed assessment information please see MyLO.
Assessment schedule
ASSESSMENT TASK #
ASSESSMENT TASK NAME
DATE DUE
WEIGHT
LINKS TO INTENDED LEARNING OUTCOMES
Assessment Task 1:
Written Assignment
See the MyLO site for the due date
20 %
LO1, LO2, LO3
Assessment Task 2:
Final exam
See the MyLO site for the due date
30 %
LO1, LO2, LO3
Assessment Task 3:
Two online quizzes invigilated via Respondus
See the MyLO site for the due date
50 %
LO1, LO2, LO3
 
Assessment details
Assessment Task 1: Written Assignment
Task Description:
The written assignment is an individual assignment. You will be given a short case study which will require you to analyse financial information and apply relevant financial techniques covered during the semester to make financial decisions.

You will need to write a report to present your analysis and recommendation to the manager of the organisation. Please note that you need to follow the formal structure of a report. The report should not exceed 1500 words (excluding references and tables/figures).

Further details will be provided on MyLO.
Task Length:
1,500 words
Due Date:
See the MyLO site for the due date
Weight:
20 %
 
CRITERION #
CRITERION
MEASURES INTENDED
LEARNING OUTCOME(S)
1
Identify and explain relevant theoretical aspects of financial issues
LO1
2
Analyse financial statements and interpret the meaning of financial information and calculations.
LO2
3
Identify and apply relevant financial techniques to a given scenario that incorporates risk and return
LO2
4
Evaluate investment opportunities using financial tools and techniques.
LO2
5
Present an analysis of financial information and explain solutions to financial problems in a clear and concise manner.
LO3
6
Communicate, using professional language and standards common to business professionals.
LO3
7
Use Harvard referencing style for citations.
LO3
 
Assessment Task 2: Final exam
Task Description:
n/a
Task Length:
 
Due Date:
See the MyLO site for the due date
 

Weight:
30 %
 
CRITERION #
CRITERION
MEASURES INTENDED
LEARNING OUTCOME(S)
1
Identify and explain relevant theoretical aspects of financial issues
LO1
2
Explain the principles of interest rates and the time value of money and how they apply to financial decisions.
LO1
3
Apply the concept of the time value of money in valuing bonds, shares, loans and risk and return
LO2
4
Identify and apply relevant financial techniques to a given scenario that incorporates risk and return.
LO2
5
Evaluate investment opportunities using financial tools and techniques.
LO2
6
Explain and analyse sources of capital and issues in raising capital in financial markets
LO2
7
Present an analysis of financial information and explain solutions to financial problems in a clear and concise manner
LO3
8
Communicate, using professional language and standards common to business professionals
LO3
 
Assessment Task 3: Two online quizzes invigilated via Respondus
Task Description:
You are required to undertake two online quizzes in week 4 (worth 15%) and week 10 (worth 35%). The quizzes are worth 50% of the total unit grade and comprise both theory and calculations. The purpose of these quizzes is to assess your understanding of the key concepts and issues included in the topics from weeks 1 to 9.

More details will be provided on MyLO.
Task Length:
To be advised
Due Date:
See the MyLO site for the due date
Weight:
50 %
 
CRITERION #
CRITERION
MEASURES INTENDED
LEARNING OUTCOME(S)
1
Explain the basic principles of finance and structure of financial markets.
LO1
2
Identify and explain relevant theoretical aspects of financial issues.
LO1
3
Explain the principles of interest rates and the time value of money and how they apply to financial decisions.
LO1
4
Analyse financial statements and interpret the meaning of financial information and calculations.
LO2
5
Apply the concept of the time value of money in valuing bonds, shares, loans and risk and return.
LO2
6
Identify and apply relevant financial techniques to a given scenario that incorporates risk and return.
LO2
7
Explain and analyse sources of capital and issues in raising capital in financial markets.
LO2
8
Present an analysis of financial information and explain solutions to financial problems in a clear and concise manner
LO3
9
Communicate, using professional language and standards common to business professionals.
LO3
10
Use Harvard referencing style for citations
LO3
 
 
 

How your final result is determined
To pass this unit, you need to demonstrate your attainment of each of the Intended Learning Outcomes, achieve a final unit grade of 50% or greater, and pass any hurdle tasks.
Submission of assignments
Where practicable, assignments should be submitted to an assignment submission folder in MYLO. You must submit assignments by the due date or receive a penalty (unless an extension of time has been approved by the Unit Coordinator). Students submitting any assignment in hard copy, or because of a practicum finalisation, must attach a student cover sheet and signed declaration for the submission to be accepted for marking.
Academic integrity
Academic integrity is about acting responsibly, honestly, ethically, and collegially when using, producing, and communicating information with other students and staff members.

In written work, you must correctly reference the work of others to maintain academic integrity. To find out the referencing style for this unit, see the assessment information in the MyLO site, or contact your teaching staff. For more detail about Academic Integrity, see
Important Guidelines & Support.
Requests for extensions
If you are unable to submit an assessment task by the due date, you should apply for an extension.
 
A request for an extension should first be discussed with your Unit Coordinator or teaching support team where possible. A request for an extension must be submitted by the assessment due date, except where you can provide evidence it was not possible to do so. Typically, an application for an extension will be supported by documentary evidence: however, where it is not possible for you to provide evidence please contact your Unit Coordinator.
 
The Unit Coordinator must notify you of the outcome of an extension request within 3 working days of receiving the request.
Late penalties
Assignments submitted after the deadline will receive a late penalty of 5% of the original available mark for each calendar day (or part day) that the assignment is late. Late submissions will not be accepted more than 10 calendar days after the due date, or after assignments have been returned to other students on a scheduled date, whichever occurs first. Further information on Late Penalties can be found on the Assessments and Results Procedure.
Review of results and appeals
You are entitled to ask for a review of the marking and grading of your assessment task if there is an irregularity in the marking standards or an error in the process for determining the outcome of an assessment. Details on how to request a review of a mark for an assignment are outlined in the Review and Appeal of Academic Decisions Procedure.
 
 

 
 

Required Resources
Required reading materials
Titman S, Martin, T, Keown, A & Martin, J 2018, Financial Management, Principles and Applications,  8th edition, Pearson Australia. ISBN: 9781488617218
 
Recommended reading materials
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
 
Other required resources
The textbook has an associated website called MyFinanceLab where you can undertake all sorts of activities which will support your Learning of this unit. Beside quizzes and tests, MyFinanceLab offers video presentations and practice exercises for each topic. It also allows you to build your own study plan by which you will be able to monitor your progress. You may acquire the access code to MyFinanceLab separately at a cost of $75 from the Pearson Australia website: URL for Pearson website: http://www.pearson.com.au/9781488691256