1996 Swinburne Higher Education Handbook

develop research skills in students in relation to current
and landmark taxation cases;
introduce students to the comulexities of taxation in
relation to various taxable entities;
0 with the aid of income tax rulings and the
aforementioned tax cases, develop in students an
understanding of the basic concepts of income, capital,
and the rules governing deductions;
It is recommended these students also complete BC336
Advanced Taxation.
Content
Topics covered include the nature of assessable income,
specific income types, source residency and derivation,
eligible termination payments, capital gains tax, fringe
benefits tax, allowable deductions and the provisions
relating to companies, partnerships, and individuals.
Recommended reading
Australian Income Tax Assessment: Act 1936, North Ryde, N.S.W.,
CCH Australia Ltd.
Australian Master Tax Guide. North Ryde, N.S.W., CCH
Australia Ltd.
Barkocz~, S., Australian Tax Casebook, North Ryde, N.S.W.,
CCH Australia Ltd., 1993
Australian Federal Tax Reporter. CCH Australia Ltd
Lehmann, G. and Coleman, C. Taxation Law in Australia. 3rd
edn, Sydney, Butterworths, 1994
O'Grady, G.W. and O'Rouke, K.J. Ryan's Manual of the Law of
Income Tax in Australia. 7th edn, Sydney, Law Book Company,
1989
Topical Tax Cases for Australians. North Ryde, N.S.W., CCH
Australia Ltd., 1991
Australian Tax Handbook. Sydney, Butterworths
BC332 Strategic Cost Management
3 hours per week Hawthorn/Mooroolbark
Prerequisite: BC223 Management Accounting 2 and BC224
Financial Management 1 Assessment: group cast studies and
individual research essay
A subject in the Bachelor of Business
Objectives
This is a final year subject designed to develop and integrate
the planning, control and decision-making techniques and
skills introduced in management accounting and financial
management within a strategic framework.
Content
Topics are developed within the framework of an analysis of
competitive strategy and the role of strategic management
accounting. Through the use of the business case method,
traditional approaches to project planning, product costing,
product and customer profitability analysis and performance
evaluation are questioned and alternative contemporary
approaches evaluated.
Contemporary developments in manufacturing technology,
the provision of services in the context of an increased focus
on quality, customer service and world's best practice in a
global market place provide the context for a critical
evaluation of management accounting responses to these
challenges.
Recommended reading
Brinker, B.J. (ed.) Emerging Practices in Cost Management. Boston,
Warren, Gorman Lamont, 1993
Cooper, R. and Kaplan, R.S. Tbe Design of Cost Management
Systems. Englewood Cliffs, N.J., Prentice Hall, 1991
Ratnatunga, D. (ed.) Issues in Strategic Management Accounting.
Sydney, Harcourt Brace Jovanovich, 1993
Shank, J.K. and Govindarajan, V. Strategic Cost Management. Free
Press 1993
Ward, K. Strategic Management Accounting. Oxford, Butterworth,
Heinemann, 1992
Current journals, especially Jounal of Cost Management and
Management Accounting
BC333 EDP Auditing
3 hours per week Hawthorn Prerequisite: BC225 Auditing
Assessment: examination/assignment
A subject in the Bachelor of Business
Obiectives and Content
This subject presumes familiarity with the subject matter of
BC225 Auditing. It should be most useful for those students
planning to enter the profession.
The objective of the subject is to provide students with an
understanding of the principles of auditing computerised
accounting information systems and applying statistical and
analytical techniques in the audit context.
The topics to be studied include:
the study of auditing principles with specific reference
to computerised accounting information systems;
EDP audit techniques;
statistical sampling techniques;
analytical review techniques;
audit related causes for company failures.
The subject makes extensive use of audit oriented software
packages.
Recommended reading
Weber, R. EDP Auditing: Conceptual Foundations and Practice.
2nd edn, New York, McGraw-Hill, 1988
Current journals and articles
BC334 Financial Accounting
3 hours per week Hawthorn Prerequisite: BC221
Corporate Accounting and BC330 Accounting Xheory
Assessment: examination/assignment
A subject in the Bachelor of Business
0 b jectives
This subject is most relevant to students planning to enter
(or already in) the employment fields of chartered
accounting or financial accounting in industry.
The aims of Financial Accounting are:
to study in depth some of the more advanced issues and
problems from areas introduced in Corporate
Accounting;
to make students aware of a selection of contemporary
financial accounting issues and to study these issues
from both theoretical and practical viewpoints;