Students
ACCG8144 – Advanced Financial Management
2024 – Session 2, In person-scheduled-weekday, North Ryde
General Information
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| Unit convenor and teaching staff |
Unit convenor and teaching staff
Carl Shen
Mostafa Hasan
|
|---|---|
| Credit points |
Credit points
10
|
| Prerequisites |
Prerequisites
ACCG926 or ACCG8126
|
| Corequisites |
Corequisites
|
| Co-badged status |
Co-badged status
|
| Unit description |
Unit description
This unit focuses on key aspects of the financial management of an organisation, including the role and responsibility of a senior financial executive and adviser in ensuring accurate reporting and managing and running all financial activities of an organisation. A variety of readings, resources and case studies are used in this unit to develop an understanding of the key issues that a senior financial executive and adviser operating in either the private or public sector will be required to address. Students will apply relevant knowledge and skills, and exercise professional judgement as expected of a senior financial executive and adviser, in taking or recommending decisions relating to the financial management of an organisation. |
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: Evaluate and explain the role and responsibilities of a senior financial executive and adviser and the finance function in an organisation.
- ULO2: Predict the financial and strategic consequences of potential investment and financing decisions and propose justified recommendations that effectively take these factors into account.
- ULO3: Analyse the financial and strategic impact of a proposed merger, acquisition or corporate re-organisation.
- ULO4: Apply and evaluate advanced treasury and risk management techniques.
- ULO5: Evaluate the role of international financial institutions in the financial management of multinationals including the relevance of the economic environment.
Assessment Tasks
| Name | Weighting | Hurdle | Due |
|---|---|---|---|
| Class Participation | 10% | No | Weekly |
| Class Test 1 | 20% | No | Week 5 |
| Class Test 2 | 20% | No | Week 9 |
| Business Report | 20% | No | Week 13 |
| Final Examination | 30% | No | Exam Period |
Class Participation
Assessment Type 1: Participatory task
Indicative Time on Task 2: 15 hours
Due: Weekly
Weighting: 10%
Students are required to actively participate in class discussions both individually and in a group context when required.
Prior presentation is necessary for active participation. The participation mark will be a result of attempting to participate, as well as the quality and frequency of that participation. Class participation is designed to encourage and help students achieve the learning outcomes of this unit.
On successful completion you will be able to:
- Evaluate and explain the role and responsibilities of a senior financial executive and adviser and the finance function in an organisation.
- Predict the financial and strategic consequences of potential investment and financing decisions and propose justified recommendations that effectively take these factors into account.
- Analyse the financial and strategic impact of a proposed merger, acquisition or corporate re-organisation.
- Apply and evaluate advanced treasury and risk management techniques.
Class Test 1
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 15 hours
Due: Week 5
Weighting: 20%
An online class test will be conducted on-campus in computer labs.
This test is designed to provide feedback to students on their level of understanding of key topics and concepts covered and to identify any particular learning challenges or areas of difficulty.
On successful completion you will be able to:
- Evaluate and explain the role and responsibilities of a senior financial executive and adviser and the finance function in an organisation.
- Predict the financial and strategic consequences of potential investment and financing decisions and propose justified recommendations that effectively take these factors into account.
- Analyse the financial and strategic impact of a proposed merger, acquisition or corporate re-organisation.
- Apply and evaluate advanced treasury and risk management techniques.
Class Test 2
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 20 hours
Due: Week 9
Weighting: 20%
An online class test will be conducted on-campus in computer labs.
This test is designed to provide feedback to students on their level of understanding of key topics and concepts covered and to identify any particular learning challenges or areas of difficulty.
On successful completion you will be able to:
- Evaluate and explain the role and responsibilities of a senior financial executive and adviser and the finance function in an organisation.
- Predict the financial and strategic consequences of potential investment and financing decisions and propose justified recommendations that effectively take these factors into account.
- Analyse the financial and strategic impact of a proposed merger, acquisition or corporate re-organisation.
- Apply and evaluate advanced treasury and risk management techniques.
Business Report
Assessment Type 1: Report
Indicative Time on Task 2: 20 hours
Due: Week 13
Weighting: 20%
Students will write a 1,500-word report (worth 10%) and each student will give a 5-minute presentation (worth 10%) outlining their findings and recommendations. The focus of the task will be to identify the key financial risk of a (public listed) company allocated to the team. The team will need to propose methods to manage the risks and identify suitable benchmarks to measure Treasury’s performance.
On successful completion you will be able to:
- Evaluate and explain the role and responsibilities of a senior financial executive and adviser and the finance function in an organisation.
- Predict the financial and strategic consequences of potential investment and financing decisions and propose justified recommendations that effectively take these factors into account.
- Analyse the financial and strategic impact of a proposed merger, acquisition or corporate re-organisation.
- Apply and evaluate advanced treasury and risk management techniques.
Final Examination
Assessment Type 1: Examination
Indicative Time on Task 2: 20 hours
Due: Exam Period
Weighting: 30%
An online computer exam, mirroring the ACCA exam conditions and length will be conducted on-campus during class time.
This exam is designed to provide feedback to students on their level of understanding of key topics and concepts covered and to identify any particular learning challenges or areas of difficulty.
On successful completion you will be able to:
- Evaluate and explain the role and responsibilities of a senior financial executive and adviser and the finance function in an organisation.
- Predict the financial and strategic consequences of potential investment and financing decisions and propose justified recommendations that effectively take these factors into account.
- Analyse the financial and strategic impact of a proposed merger, acquisition or corporate re-organisation.
- Apply and evaluate advanced treasury and risk management techniques.
- Evaluate the role of international financial institutions in the financial management of multinationals including the relevance of the economic environment.
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: Students are required to refer to latest edition of Approved Workbook and the Practice and Revision Kit for Advanced Financial Management, published by BPP Learning Media.
Unit Schedule
|
Week |
Topic |
|
1 |
Financial strategy: Formulation and evaluation |
|
2 |
Discounted cash flow techniques |
|
3 |
Application of option pricing theory |
|
4 |
International investment and financing decisions |
|
5 |
Cost of capital & changing risk, financial and credit risk |
|
6 |
Valuation for acquisition and mergers |
|
7 |
Acquisitions: strategic issues, regulation and financing |
|
8 |
The role of the treasury function |
|
9 |
Managing currency risk |
|
10 |
Managing interest rate risk |
|
11 |
Financial reconstruction and business re-organisation |
|
12 |
Planning and trading issues for multinationals |
|
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:
- Academic Appeals Policy
- Academic Integrity Policy
- Academic Progression Policy
- Assessment Policy
- Fitness to Practice Procedure
- Assessment Procedure
- Complaints Resolution Procedure for Students and Members of the Public
- Special Consideration Policy
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 connect.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.
- Workshops
- Chat with a WriteWISE peer writing leader
- Access StudyWISE
- Upload an assignment to Studiosity
- Complete the Academic Integrity Module
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:
- IT Support
- Accessibility and disability support with study
- Mental health support
- Safety support to respond to bullying, harassment, sexual harassment and sexual assault
- Social support including information about finances, tenancy and legal issues
- Student Advocacy provides independent advice on MQ policies, procedures, and processes
Student Enquiries
Got a question? Ask us via the Service Connect Portal, 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 |
|---|---|
| 22/07/2024 | We provide the mapping between ACCG8144 and ACCG8305. |
Unit information based on version 2024.03 of the Handbook