1997 Swinburne Higher Education Handbook

Australian Federal Tax Reporter, North Ryde, N.S.W., CCH
Australia Ltd.
Lehmann, G. and Coleman, C. Taxation Law in Australia, 3rd
edn, Sydney: Butterworths, 1994
Barkoczy, S. Australian Tax Casebook, North Ryde, N.S.W.,
CCH Australia, 1995
O'Grady, G.W. and O'Rourke, K.J. Ryan's Manual of the Law of
Income Tax in Australia. 7th ed, North Ryde: Law Book
Company, 1989
BC412 lntroduction to Finance
2.25 hours per week Hawthorn Prerequisite: see Graduate
Certificate in Taxation and Finance Assessment assignments
Objectives
The objectives of this subject are:
to provide students with an understanding of the
concepts of corporate finance; and
to develop in students the skills of analysis and
evaluation needed to apply the concepts of corporate
finance to financial management.
Content
Various topics will be covered including understanding
company reports, financial statement analysis, working
capital management, fund flow analysis, sources of finance,
valuation concepts, cost of capital, financial structures and
evaluation of investment projects.
Recommended reading
Bishop, S.R., Crapp, H.R. and Twite, G.J., Corporate Finance,
3rd edn, Sydney: Holt, Rinehart and Winston, 1993
Bruce, R., McKern, B., Pollard, I. and Skully, M., Handbook of
Australian Corporate Finance, 5th edn, Sydney, Butterworths, 1995
Higgins, R.C., Analysis for Financial Management, 4th edn, Irwin,
1995
Peirson, G., Bird. R., Brown, R. and Howard, P., Business
Finance, 6th edn, Sydney, McGraw-Hill, 1995
BC413 Investment Analysis
2.25 hours per week Hawthorn Prerequisite: see Graduate
Cert$cate in Taxation and Finunce Assessment: assignments
Obiectives
The broad objective of this subject is to help participants
learn how to manage their money and develop the skills to
be better able to advise others in managing their
investments.
V)
c More specifically, the subject objectives are:
-. to acquaint participants with the various avenues for the
B investment of funds, including shares, fixed-interest
P
(D securities and property;
$ to review the impact of taxation on investment
planning;
to consider the fundamental ~rinci~les of modern
portfolio theory;
to consider the process of portfolio selection and
ongoing investment strategies.
Content
Various topics will be covered including investment and
financial planning, role of the stock exchange, investment in
shares, fixed interest securities, property investment, tax
implications of investment strategies, options and
convertible securities, portfolio theory management
evaluation and investment advice.
Recommended reading
Bruce, R., McKern, B., Pollard, I. and Skully, M., Handbook of
Australian Corporate Finance, 5th edn, Sydney, Butterworths,
1994
Carew, E., Fast Money 3, Sydney, Allen and Unwin, 1991
Hutchinson, P., Alison, S., Gregory, W. and Lumby, S.,
Financial Management Decisions, Thomas Nelson, 1994
Peirson, G., Bird. R., Brown, R. and Howard, P., Business
Finance, 6th edn, Sydney, McGraw-Hill, 1995
BC503 Introduction to Financial Management
2 hours per week Hawthorn Prerequisite: nil
Assessment assignment() and examination
A subject in the Graduate Diploma course in Business
Administration
i
Objectves
The objectives of the subject are to: develop the student's
ability to understand, interpret and use financial statements
as an information source; develop in the student an
understanding of the accounting information system which
exists within an organisation for the purpose of supplying
relevant and timely information for management decision
making; introduce the student to the use of accounting
information in financial management.
No prior knowledge of accounting is assumed.
Applicants who have previously studied accounting at a
tertiary level or are working as accountants are precluded
from taking this subject.
Content
Topics include:
accounting models and the reporting system;
basic report analysis and interpretation;
asset valuation and reporting;
cost behaviour and classification;
management planning and decision making;
information and decision making - short and long run;
performance reporting and evaluation;
Recommended reading
Atrill, P. and McLaney, E. Accounting and Finance for Non-
Specialists, New York, Prentice Hall, 1995
Bell, A. (ed) Introductory Accounting and Finance. South
Melbourne, Nelson, 1990
Gaffikin et al., Principles of Accounting. Australian 3rd edn,
Sydney, Harcourt Brace Jovanovich, 1993
Meredith G.G., Accounting and Financial Management For
Business Decisions. Sydney, McGraw-Hill, 1994
BC604 Financial Structures and Policy
2 hours per week Hawthorn Prequisite: a pass or
preclusion from BC503 Introduction to Financial
Management
A subject in the Graduate Diploma course in Business
Administration