Unit convenor and teaching staff |
Unit convenor and teaching staff
Moderator
Catriona Lavermicocca
Contact via catriona.lavermicocca@mq.edu.au
E4A308
Staff teaching in the unit will be available for individual consultation with students. A timetable of when staff will be available will be posted on the unit’s iLearn site.
Unit Convenor
Daisy Chen
Contact via daisy.chen@mqc.edu.au
|
---|---|
Credit points |
Credit points
4
|
Prerequisites |
Prerequisites
ACCG926 or ACCG855 or admission to MAdvProfAcc
|
Corequisites |
Corequisites
|
Co-badged status |
Co-badged status
|
Unit description |
Unit description
This unit provides extended formal academic support for full-time students concurrently enrolled in Advanced Taxation segment of the CPA program. The unit provides an in-depth knowledge of the law of income tax as it affects individuals, partnerships, trusts and companies. It also covers comprehensively the practical application of income tax, goods and services tax, capital gains tax and fringe benefits tax in Australia and in relation to overseas transactions.
|
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
Name | Weighting | Due |
---|---|---|
1. Class Test | 15% | Week 4 |
2. Class Test | 30% | Week 10 |
3. Assignment | 25% | Weeks 11 & 13 |
4. Final Examination | 30% | Week 12 |
Due: Week 4
Weighting: 15%
Submission : In class on March 6, 2014
Extension: No extensions will be granted
Penalties: Zero marks for non-attempt
Due: Week 10
Weighting: 30%
Submission : In class on April 17, 2014
Extension: No extensions will be granted
Penalties: Zero marks for non-attempt
Due: Weeks 11 & 13
Weighting: 25%
Submission Written assignment due in class in Week 11 (15%) - April 24, 2014. Group presentation on written assignment in class during Week 13 (10%) - May 8, 2014.
Extension No extensions will be granted unless special consideration has been submitted.
Penalties : 20% of the available marks for any day or part thereof for late submission.
Due: Week 12
Weighting: 30%
Submission/ Extension /Penalties The examination will be held under the rules and conditions of CPA Australia
It is a requirement to pass the CPA examination to pass this unit.
Classes
Required and Recommended Texts and/or Materials
Required Texts
CPA Program: Advanced Taxation, Deakin University, January 2014 (provided to you by CPA Australia)
Recommended Texts
Students will also need to refer to legislation throughout the course. No legislation reference is prescribed, but students would find useful
Alternatively, students could access tax legislation at www.comlaw.gov.au.
Additional references
The following books are not required to be purchased, but students would benefit from reference to any of the following as additional reading.
Students would also benefit from referring to the 23rd edition of the Australian Taxation Study Manual (Nethercott, Richardson and Devos) which provides questions and suggested solutions to tax problems for the 2012/13 tax year.
Many of the recommended texts and additional references are available in the Library and for purchase from the Macquarie University Co-op Bookshop.
Unit Web Page
Course material is available on the learning management system (iLearn).
There is no web page for this unit.
Teaching and Learning Activities
The unit is broken up into seminars in which students and the lecturer discuss readings, case studies and assigned questions on specified taxation topics that correlate with the 13 modules. Each seminar will be held on scheduled dates for 3 hours. In between these seminars students are required to work through and complete nominated modules in the CPA program, as well as work on assessment tasks.
In preparation for a seminar, students should work through the relevant modules in the CPA program, as well as work on assessment tasks and self-assessment tests.
Each seminar will consist of a mixture of activities based around the CPA program modules. These will include:
Technology Used and Required
Students are expected to have:
- Proficiency in Word, Excel and Powerpoint
- Knowledge of Macquarie University's online system for downloading materials
- Knowledge of the library resource database for accessing additonal research material.
Class date |
Topic |
12 February 2014 -- Week 1 |
Introduction Module 1: Tax administration Module 2: Principles of assessable income |
19 February 2014 -- Week 2 |
Module 3: Capital gains tax |
26 February 2014 -- Week 3 |
Module 4: Principles of General and Specific Deductions Group assessment topics and groups handed out |
5 March 2014 -- Week 4 |
1st Multiple Choice exam in class Module 5: Capital expenditure allowances
|
12 March 2014 -- Week 5 |
Module 6: Individuals
|
19 March 2014 -- Week 6
|
Module 7: Partnerships Module 8: Trusts
|
26 March 2014 -- Week 7 |
Module 9: Companies and dividends Module 10: Consolidations
|
2 April 2014 -- Week 8
|
Module 11: Transfer pricing Module 12: Fringe benefits tax |
9 April 2014 -- Week 9
|
Module 13: Goods and Services Tax
|
16 April 2014 -- Week 10 |
2nd Multiple Choice exam in class
|
23 April 2014 -- Week 11
|
Revision Written assignments due
|
30 April 2014 -- Week 12 |
CPA exam
|
7 May 2014 --Week 13 |
Presentation of group assignments |
Macquarie University policies and procedures are accessible from Policy Central. Students should be aware of the following policies in particular with regard to Learning and Teaching:
Academic Honesty Policy http://mq.edu.au/policy/docs/academic_honesty/policy.html
Assessment Policy http://mq.edu.au/policy/docs/assessment/policy.html
Grading Policy http://mq.edu.au/policy/docs/grading/policy.html
Grade Appeal Policy http://mq.edu.au/policy/docs/gradeappeal/policy.html
Grievance Management Policy http://mq.edu.au/policy/docs/grievance_management/policy.html
Disruption to Studies Policy http://www.mq.edu.au/policy/docs/disruption_studies/policy.html The Disruption to Studies Policy is effective from March 3 2014 and replaces the Special Consideration Policy.
In addition, a number of other policies can be found in the Learning and Teaching Category of Policy Central.
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/support/student_conduct/
The nature of scholarly endeavour, dependent as it is on the work of others, binds all members of the University community to abide by the principles of academic honesty. Its fundamental principle is that all staff and students act with integrity in the creation, development, application and use of ideas and information. This means that:
Further information on the academic honesty can be found in the Macquarie University Academic Honesty Policy at http://www.mq.edu.au/policy/docs/academic_honesty/policy.html
Macquarie University uses the following grades in coursework units of study:
Grade descriptors and other information concerning grading are contained in the Macquarie University Grading Policy which is available at:
http://www.mq.edu.au/policy/docs/grading/policy.html
If, at the conclusion of the unit, you have performed below expectations, and are considering lodging an appeal of grade please refer to the following website which provides information about these processes and the cut off dates in the first instance. Please read the instructions provided concerning what constitutes a valid grounds for appeal before appealing your grade.
The University is committed to equity and fairness in all aspects of its learning and teaching. In stating this commitment, the University recognises that there may be circumstances where a student is prevented by unavoidable disruption from performing in accordance with their ability. A special consideration policy exists to support students who experience serious and unavoidable disruption such that they do not reach their usual demonstrated performance level. The policy is available at:
http://www.mq.edu.au/policy/docs/special_consideration/policy.html
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to improve your marks and take control of your study.
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
For all student enquiries, visit Student Connect at ask.mq.edu.au
For help with University computer systems and technology, visit http://informatics.mq.edu.au/help/.
When using the University's IT, you must adhere to the Acceptable Use Policy. The policy applies to all who connect to the MQ network including students.
Our postgraduates will be able to demonstrate a significantly enhanced depth and breadth of knowledge, scholarly understanding, and specific subject content knowledge in their chosen fields.
This graduate capability is supported by:
Our postgraduates will be capable of utilising and reflecting on prior knowledge and experience, of applying higher level critical thinking skills, and of integrating and synthesising learning and knowledge from a range of sources and environments. A characteristic of this form of thinking is the generation of new, professionally oriented knowledge through personal or group-based critique of practice and theory.
This graduate capability is supported by:
Our postgraduates will be capable of systematic enquiry; able to use research skills to create new knowledge that can be applied to real world issues, or contribute to a field of study or practice to enhance society. They will be capable of creative questioning, problem finding and problem solving.
This graduate capability is supported by:
This unit gives you opportunities to conduct your own research and give you practice in applying reasearch findings in your assessment tasks.
Students will be required to use library resources beyond these materials in undertaking research necessary to complete their tasks.
The CPA unit materials have a reference list at the end of each chapter or module containing all references cited by the author. These provide some guidance to references that could be used to research particular issues.