Please note - Swinburne University of Technology

emain in the years ahead when new investment opportunities
arise as a result of the inevitable changes to our
financial system.
More specifically, the course objectives are:
to acquaint participants with the various avenues for the
investment of funds, including shares, fixed-interest
securities and property;
to review the impact of taxation on investment planning;
to consider the fundamental principles of modern
portfolio theory;
to consider the process of portfolio selection and
ongoing investment strategies;
to review the characteristics of financial futures and
options and how they may be used to modify the riskreturn
profile of investment portfolios.
References
Carew, E. Fast Money 3. Sydney: Allen and Unwin, 1991
Reilly, F.K. Investment Analysis and ~rtfolio Management 3rd ed,
Chicago: Dtyden Press, 1989
Sharpe, W.F. Investments. 3rd ed, Englewood Cliffs N.J.: Prentice-Hall,
1985
BC336 Advanced Taxation
No. of hours per week: three hours
Prerequisite: BC331 Taxation
Instruction: lecture/tutorial
Assessment: examinationlassignments
Subject aims and description
This unit is a final year unit designed for students who
requirecaries additional experience of taxation issues. The
objective of the unit is to acquaint students with the areas
of taxation of practical utility by concentrating on the
0 taxation implications of various taxable entities, in particular,
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companies, unincorporated entities, trusts, superannuation
funds and primary producers. In addition the unit will
address in detail, the taxation of capital gains and fringe
6. benefits tax. Students will be expected to develop a
3
2 research-oriented problem-solving approach to the unit
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which includes the following specific topics:
unincorporated entities;
primary producers;
trusts, beneficiaries (including children's income);
superannuation funds;
companies and dividend imputation;
current developments in taxation;
capital gains tax;
fringe benefits tax;
administrative provisions;
tax planning;
part IVA and tax avoidance;
international taxation.
References
Australian federal Tax Reporter: Vols. 1-9, North Ryde: CCH Australia
Ltd.
AusTmlian Tax Cases. North Ryde: CCH Australia Ltd.
Australian Master Tax Guide. North Ryde: CCH Australia Ltd. 1994
Income Tax Assessment Act (1936 as amended)
Lehrnan, G. and Coleman. C. Taxation Law in Australia. 2nd ed,
Sydney: Bunerworths, 1991 plus; 1993 supplement
BC400 Accounting Honours
Students should seek advice from the appropriate
Accounting staff when formulating their discipline-specific
course of study and their research project proposal.
To encourage a multi-discipline approach, students may,
subject to approval, undertake selected honours-lewl
coursework units from other departments, faculties, or
institutions provided that they show the relevance of these
coursework units to their proposed area of research. Such
arrangements are subject to the student having any
necessary prerequisite studies and may be subject to any
quotas imposed on these units by the offering department.
Students must submit their proposal to the Accounting
Honours Convenor for approval prior to the commencement
of their honours program. Approval for a student's disciplinespecific
course of study and research project proposal shall
be subject to the availability of any necessary resources and
the availability of appropriate staff supervision.
Advanced Accounting
This unit is designed to broaden the student's understanding
and awareness of contemporary issues in accounting and to
provide the student with an opportunity to undertake indepth
study of the relevant theoretical concepts and
techniques in a variety of accounting areas. Attention will be
given to the application of accounting developments in
different sectors of the local and international economy and
to the impact of rapid technological and organisational
change on accounting. Issues of current concern in the areas
of finance, management accounting, tax, auditing, reporting,
behavioural accounting and the profession may be included.
Students will be required, with guidance, to ksearch
selected topics and make presentations to the class and to
attend and participate fully in a series of seminars conducted
by staff.
Accounting Honours Research Pmject
Students will be required to undertake a substantial research
project, with individual and group supervision, on a research
topic that is currently being reported and extended in the
accounting literature. Topics may be drawn from the areas of
management accounting, finance, tax, financial accounting,
auditing, accounting theory, corporate reporting and
computer accounting. Students will be required to make
class presentations at progressive stages in their research and
will be required to submit a written dissertation of
approximately 15,000 words in length.
Students intending to complete their degree with honours
must apply for entry into the honours year by the end of
their three-year degree.
Note that entry into the honours year is competitive and the
number of places is subject to a quota.
Graduate Certificate units
BC401 Accounting for Management
No. of hours per week: two and a half hours
Prerequisites: nil
Instruction: lecturelclass discussions
Assessment: four assignments
Subject aims
This is a one semester unit for students in the Graduate
Certificate in Business Administration.
The objectives of the unit are:
To dwelop a manager's ability to understand and apply
financial information in making business decisions and
assessing the performance of a business.
The unit will aim to produce a more effective user of
accounting information. A minimum of technical accounting
will be used but emphasis will be placed on understanding
sufficient accounting to be aware of the appropriate uses
and limitations of information produced by the accounting
system.