2002 Swinburne TAFE Handbook - Swinburne University of ...

222 I Subject Details
Aims & Objectives
Provide the participant with a knowledge offinancial management principles as they
apply to budgeting, and skills in preparing budget schedules.
Content
Role of budgeting.
Preparation of budget schedules.
Budgeted financial statements.
Performance reports.
NAP731
Management Accounting Principles
50 -60 nominal Hours· Prerequisite: NOS219
Aims & Objectives
Provide the participant with the knowledge and skills to undertake costing procedures in
a range of enterprises.
Content
Revenue and Cost Concepts.
Cost Cycle and Factory Ledger.
Material and Labour.
Overhead.
Manufacturing Statements.
Responsibility Accounting.
Direct Costing.
CPV Analysis.
NAP732
Management Accounting
Applications
50 -60 nominal Hours. Prerequisite: NAP731
Aims & Objectives
Provide the participant with the knowledge and skills to undertake actual and standard
costing for various costing applications, using traditional and activity based cost
allocation techniques, for direct and absorption costing.
Content
Job Costing.
Activity Based Costing.
Process Costing.
Operations Costing.
Joint and By-product Costing.
Standard Costing.
Factory Management Techniques.
NAP733
Business Planning and Control
50 -60 nominal Hours· Prerequisite: NAP73a NAP731
Aims & Objectives
Provide the participant with the knowledge and skills to advise senior management on
buisness planning and control decisions.
Content
Management Concepts as they apply to Planning and Control.
Differential Cost Analysis.
Conventional Gross Profit Analysis.
Linear Programming.
Behavioural Aspects of Budgeting.
Costing and Marketing Relationships.
Cost and Market-based Pricing.
Transfer Pricing.
Divisional Performance.
NAP735
Financial Management Principles
50 -60 nominal Hours. Prerequisite: NAP711
Aims & Objectives
Provide the participant with a knowledge offinancial management principles as they
apply to the environment offinancial management, sources of finance, capital budgeting
and the analysis and interpretation offinancial statements.
Content
Goal, function and environment offinancial management.
Sources of financing.
Working capital management (including cash, liquid asset and credit management).
Analysis and interpretation of financial statements.
Capital budgeting decisions -techniques and applications.
NAP736
Financial Management Applications
25 -30 nominal Hours· Prerequisite: NAP735, NAP720, NAP721
Aims & Objectives
Provide the participant with knowledge and skills to utilise and assess alternative
financial management models in relation to investment and dividend decisions and to
advise senior management on financial management decisions.
Content
Methods of raising equity funds.
Capital structure decisions.
Financing the acquisition of assets.
Dividend policy.
Portfolio theory.
NAP737
Investment Analysis
25 -30 nominal Hours· Prerequisite: NAP735
Aims & Objectives
Provide participants with the knowledge and skills to value shares, analyse investments
and devise investment strategies. The emphasis is on providing this knowledge to those
who will seek to work in the investment advising industry.
Content
Australian Securities Industry.
Financial intermediaries in the Australian Capital Market.
The Stock Exchange and share investments.
Investment strategies and market influences.
Direct and indirect investments.
Valuing shares and goodwill.
Australian Futures Market.
Developing an investment portfolio.
NAP750
25 -30 nominal Hours· Prerequisite: Nil
Aims & Objectives
Commercial Law Principles
Provide the participant with a knowledge of basic commercial law principles applicable
within an eCommerce environment.
Content
Origins of law, legal institutions.
Civil liability.
Business entities.
Negotiable instruments.
Financial Transactions Reports Act.
Swinburne University of Technology I TAFE Handbook 2002