Students

ACCG6003 – Managing Finance

2023 – Session 2, In person-scheduled-weekday, North Ryde

General Information

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Unit convenor and teaching staff Unit convenor and teaching staff
Jeffrey Wong
jeffrey.wong@mq.edu.au
Jengfang Chen
jengfang.chen@mq.edu.au
Credit points Credit points
10
Prerequisites Prerequisites
Admission to MMgmt or MEngMgt
Corequisites Corequisites
Co-badged status Co-badged status
Unit description Unit description

This unit equips students with the tools and techniques required to analyse and interpret financial and economic data and financial accounting statements, analyse and assess performance of business units, evaluate investment projects, and understand financial markets and the economic environment. Finance, accounting, and economic theory is applied with the aim of providing a coherent framework and insights to assist in making reasoned managerial decisions.

Important Academic Dates

Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates

Learning Outcomes

On successful completion of this unit, you will be able to:

  • ULO1: Identify and describe models employed in management decision making to solve problems
  • ULO2: Apply finance, accounting and economic theories, frameworks and methods to make sound business decisions
  • ULO3: Critically analyse the implications of a firm’s decisions/strategies for a range of stakeholders in view of the firm’s sustainability considerations
  • ULO4: Evaluate a range of business indicators to measure and track the firm’s value creation

General Assessment Information

Unit Preparation

Assessment Type 1: Case study/analysis Indicative Time on Task 2: 5 hours Due: Week 5 Weighting: 10%

Students are to review case study materials relating to a selected organisation and submit before the first class On successful completion you will be able to:

  • Identify and describe models employed in management decision making to solve problems

 

Report

Assessment Type 1: Report Indicative Time on Task 2: 25 hours Due: Week 11 Weighting: 50%

Students are required to undertake an analysis of a range of aspects of a company listed on the Australian Stock Exchange. You are required to critically assess the health of the organisation (as aligned to its stated goals and objectives) in the context of sustainability considerations

On successful completion you will be able to:

  • Apply finance, accounting and economic theories, frameworks and methods to make sound business decisions
  • Critically analyse the implications of a firm’s decisions/strategies for a range of stakeholders in view of the firm’s sustainability considerations
  • Evaluate a range of business indicators to measure and track the firm’s value creation

 

Final Examination

Assessment Type 1: Examination Indicative Time on Task 2: 15 hours Due: Final Exam Period Weighting: 40%

A two-hour examination will be held during the University Examination period. On successful completion you will be able to:

  • Identify and describe models employed in management decision making to solve problems
  • Apply finance, accounting and economic theories, frameworks and methods to make sound business decisions
  • Evaluate a range of business indicators to measure and track the firm’s value creation

1 If you need help with your assignment, please contact:

  • the academic teaching staff in your unit for guidance in understanding or completing this type of assessment
  • the Writing Centre for academic skills support.

2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation

Assessment Tasks

Name Weighting Hurdle Due
Unit Preparation 10% No Week 5
Report 50% No Week 11
Final Examination 40% No Final Exam Period

Unit Preparation

Assessment Type 1: Case study/analysis
Indicative Time on Task 2: 5 hours
Due: Week 5
Weighting: 10%

 

Students are to review case study materials relating to a selected organisation and submit before the first class

 
On successful completion you will be able to:
  • Identify and describe models employed in management decision making to solve problems

Report

Assessment Type 1: Report
Indicative Time on Task 2: 25 hours
Due: Week 11
Weighting: 50%

 

Students are required to undertake an analysis of a range of aspects of a company listed on the Australian Stock Exchange. You are required to critically assess the health of the organisation (as aligned to its stated goals and objectives) in the context of sustainability considerations

 
On successful completion you will be able to:
  • Apply finance, accounting and economic theories, frameworks and methods to make sound business decisions
  • Critically analyse the implications of a firm’s decisions/strategies for a range of stakeholders in view of the firm’s sustainability considerations
  • Evaluate a range of business indicators to measure and track the firm’s value creation

Final Examination

Assessment Type 1: Examination
Indicative Time on Task 2: 15 hours
Due: Final Exam Period
Weighting: 40%

 

A two-hour examination will be held during the University Examination period.

 
On successful completion you will be able to:
  • Identify and describe models employed in management decision making to solve problems
  • Apply finance, accounting and economic theories, frameworks and methods to make sound business decisions
  • Evaluate a range of business indicators to measure and track the firm’s value creation

1 If you need help with your assignment, please contact:

  • the academic teaching staff in your unit for guidance in understanding or completing this type of assessment
  • the Writing Centre for academic skills support.

2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation

Delivery and Resources

Required Text: Gowthorpe, C (2020), Business Accounting & Finance, 5th edition, Cengage, ISBN: 9781473773738

Unit Schedule

Week

Topic

Details

1

Financial Accounting 1

Dual Entry/Balance Sheet

2

Financial Accounting 2

Accrual Accounting/Depreciation

3

Financial Accounting 3

Income Statement/Cash Flow Statement

4

Financial Ratio Analysis

 

5

Financial Mathematics/Cost of Capital

Estimating WACC

(Submit the unit preparation consisting of the financial ratio analysis covered in weeks 1-4)

6

Equity Valuation 1

Discounted Cash Flow Model

7

Equity Valuation 2

Abnormal Earnings/Price Multiple Model
Mid-session break (Recess)

8

Financial Assets

Common and Preferred Shares/Loan and Bond/Money Market Instruments

9

Capital Structure and Payout

 

10

Corporate Liquidity

Managing Working Capital

11

Debt Valuation

Debt Valuation/Yield Curve

(Submit the report consisting of financial ratio analysis, equity valuation, and the analyses of capital structure and payout policies covered in weeks 1-10).

12

Mutual Fund/Accrual Anomaly

 

13

Revision

 

Policies and Procedures

Macquarie University policies and procedures are accessible from Policy Central (https://policies.mq.edu.au). Students should be aware of the following policies in particular with regard to Learning and Teaching:

Students seeking more policy resources can visit Student Policies (https://students.mq.edu.au/support/study/policies). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.

To find other policies relating to Teaching and Learning, visit Policy Central (https://policies.mq.edu.au) and use the search tool.

Student Code of Conduct

Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/admin/other-resources/student-conduct

Results

Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au or if you are a Global MBA student contact globalmba.support@mq.edu.au

Academic Integrity

At Macquarie, we believe academic integrity – honesty, respect, trust, responsibility, fairness and courage – is at the core of learning, teaching and research. We recognise that meeting the expectations required to complete your assessments can be challenging. So, we offer you a range of resources and services to help you reach your potential, including free online writing and maths support, academic skills development and wellbeing consultations.

Student Support

Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/

The Writing Centre

The Writing Centre provides resources to develop your English language proficiency, academic writing, and communication skills.

The Library provides online and face to face support to help you find and use relevant information resources. 

Student Services and Support

Macquarie University offers a range of Student Support Services including:

Student Enquiries

Got a question? Ask us via AskMQ, or contact Service Connect.

IT Help

For help with University computer systems and technology, visit http://www.mq.edu.au/about_us/offices_and_units/information_technology/help/. 

When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.

Changes since First Published

Date Description
26/07/2023 Due date for term report assignment and final exam have been corrected.

Unit information based on version 2023.05 of the Handbook