Students

ACCG2002 – Finance and Regulation for New Ventures

2026 – Session 2, In person-scheduled-weekday, North Ryde

General Information

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Unit convenor and teaching staff Unit convenor and teaching staff
Monica Rouvellas
monica.rouvellas@mq.edu.au
Credit points Credit points
10
Prerequisites Prerequisites
40cp at 1000 level or above including MGMT1002 or MGMT1020
Corequisites Corequisites
Co-badged status Co-badged status
Unit description Unit description

This unit will introduce students to core financial and legal aspects of selecting, forming, structuring and running a business. Students will develop an understanding of relevant legal concepts and principles underpinning the regulation of business including corporate management responsibilities. By exposure to key aspects of financial planning, budgeting and capital raising students will be able to make commercially sound choices in relation to starting a business and comparing business structures. At the conclusion of the unit students will have gained a valuable perspective on commencing and running business operations and will have developed an understanding of the planning and financing of a business venture.

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 key aspects of the commercial legal environment and the Australian corporate legislative framework and distinguish the legal characteristics of differing business organisations.
  • ULO2: Recognise features of corporate functionality and management issues, including the role and obligations of directors and insolvency regulation.
  • ULO3: Apply investment and financing concepts to business decisions and critically evaluate financial viability including an exploration of financial models, forecasting capital expenditures, working capital needs and financing events.
  • ULO4: Analyse sources of funding and financing needs.

General Assessment Information

Professional practice: Corporate functions and company directors

Assessment Type 1: Reflective Writing Indicative Time on Task 2: 30 hours Due: Week 7 Weighting: 40% Groupwork/Individual: Short extension 3: No AI Approach:

 

The purpose of this assessment is for you to critically reflect on key principles of corporate functionality and management issues, including the role and obligations of directors and insolvency regulation.   You will investigate company directors' obligations in relation to a specific case study and communicate the results to a business audience.   Skills in focus: - Discipline knowledge - Analytical skills - Communication skills   Deliverable: Reflective essay [max. 1,000 words] Individual assessment

 

On successful completion you will be able to:
  • Identify key aspects of the commercial legal environment and the Australian corporate legislative framework and distinguish the legal characteristics of differing business organisations.
  • Recognise features of corporate functionality and management issues, including the role and obligations of directors and insolvency regulation.

Formal and observed learning: Test

Assessment Type 1: Quiz/Test Indicative Time on Task 2: 15 hours Due: Week 12 Weighting: 20% Groupwork/Individual: Short extension 3: No AI Approach:

 

The purpose of this assessment is for you to demonstrate your expertise in investment and finance concepts in application to business models.   You will participate in a formal test.   Skills in focus: - Discipline Knowledge   Deliverable: Test Individual assessment

 

On successful completion you will be able to:
  • Apply investment and financing concepts to business decisions and critically evaluate financial viability including an exploration of financial models, forecasting capital expenditures, working capital needs and financing events.
  • Analyse sources of funding and financing needs.

Skills development: Writing a business plan

Assessment Type 1: Professional writing Indicative Time on Task 2: 30 hours Due: Week 13 Weighting: 40% Groupwork/Individual: Short extension 3: No AI Approach:

 

The purpose of this assessment is for you to develop the skill of preparing a business plan for a new venture.   You will conduct research into the elements of a business plan and create a comprehensive plan that is suitable to be presented to a professional audience.   Skills in focus: - Work Readiness - Critical Thinking - Communication   Deliverable: Business plan [max 2,500 words, excluding tables and appendices] Individual assessment

 

On successful completion you will be able to:
  • Apply investment and financing concepts to business decisions and critically evaluate financial viability including an exploration of financial models, forecasting capital expenditures, working capital needs and financing events.
  • Analyse sources of funding and financing needs.

Assessment Tasks

Name Weighting Hurdle Due Groupwork/Individual Short Extension AI Approach
Formal examination: Test 20% No Week 12 - in class Individual No Observed
Professional practice: Corporate functions and company directors 40% No 11/09/2026 Individual Yes Open
Skills development: Writing a business plan 40% No 02/11/2026 Individual Yes Open

Formal examination: Test

Assessment Type 1: Examination
Indicative Time on Task 2: 15 hours
Due: Week 12 - in class
Weighting: 20%
Groupwork/Individual: Individual
Short extension 3: No
AI Approach: Observed

The purpose of this assessment is for you to demonstrate your expertise in investment and finance concepts in application to business models.
 
You will participate in a formal test.
 
Skills in focus: Discipline Knowledge
 
Deliverable(s): Test
 
Individual assessment
On successful completion you will be able to:
  • Apply investment and financing concepts to business decisions and critically evaluate financial viability including an exploration of financial models, forecasting capital expenditures, working capital needs and financing events.
  • Analyse sources of funding and financing needs.

Professional practice: Corporate functions and company directors

Assessment Type 1: Reflection task
Indicative Time on Task 2: 30 hours
Due: 11/09/2026
Weighting: 40%
Groupwork/Individual: Individual
Short extension 3: Yes
AI Approach: Open

The purpose of this assessment is for you to critically reflect on key principles of corporate functionality and management issues, including the role and obligations of directors and insolvency regulation.
 
You will investigate company directors' obligations in relation to a specific case study and communicate the results to a business audience.
 
Skills in focus:
  • Discipline knowledge
  • Critical thinking and problem solving
  • Communication skills
Deliverable(s): Reflective essay [max 1000 words]
 
Individual assessment
On successful completion you will be able to:
  • Identify key aspects of the commercial legal environment and the Australian corporate legislative framework and distinguish the legal characteristics of differing business organisations.
  • Recognise features of corporate functionality and management issues, including the role and obligations of directors and insolvency regulation.

Skills development: Writing a business plan

Assessment Type 1: Professional task
Indicative Time on Task 2: 30 hours
Due: 02/11/2026
Weighting: 40%
Groupwork/Individual: Individual
Short extension 3: Yes
AI Approach: Open

The purpose of this assessment is for you to develop the skill of preparing a business plan for a new venture.
 
You will conduct research into the elements of a business plan and create a comprehensive plan that is suitable to be presented to a professional audience.
 
Skills in focus:
  • Discipline knowledge
  • Work readiness
  • Critical thinking and problem solving
  • Communication skills
Deliverable(s): Business plan [max 2500 words] excluding tables and appendices
 
Individual assessment
On successful completion you will be able to:
  • Apply investment and financing concepts to business decisions and critically evaluate financial viability including an exploration of financial models, forecasting capital expenditures, working capital needs and financing events.
  • Analyse sources of funding and financing needs.

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
  • Academic Success 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.

3 An automatic short extension is available for some assessments. Apply through the Service Connect Portal.

Delivery and Resources

Classes

The unit has 3 hours of teaching per week.

 

Required Texts Law Text:

Chapple, James, Wong, Baumfield, Copp, Cunningham, Kamalnath, Watson and Harpur,

Business and Company Law 2nd edition 2020, John Wiley & Sons

Quilter, Company Law Perspectives, 5th ed. 2023, Thomson Reuters (Lawbook Co.) – [referred to as CLP 4th ed]

CLP 4th ed will be available in the Macquarie University library. It can be purchased directly from the publishers Thomson Reuters via their website https://legal.thomsonreuters.com.au/student/u niversity/macquarie/

 

Finance Text:

Ross, S., Trayler, R., Koh, C., Hambusch, G., Glover, K., Westerfield, R., and Jordan, B., Fundamentals of Corporate Finance, 8th Edition, 2021, McGraw Hill/ Australia – [referred to as FCF 8th ed]

Unit Schedule

Unit Schedule

Week

Lecture Topic

Assessment Due

Part I: Law

1

Introduction

 

2

Essential elements of the legal system

 

3

Business organisations

Companies and incorporation Corporations Act: www.austlii.edu.au/au/legis/cth/consol_act/ca2001172/

 

4

Company constitution

Directors' and Officers' Duties

 

 

5

Membership, members’ powers and dividends

Members’ remedies

 

 

6

Receivership, administration and Liquidation 

 

7

Financing a company via equity or debt

Privacy and Anti-Money Laundering Regimes

Assignment - Law

Part II: Finance

8

An introduction to corporate finance through the use of financial statements.

 

 

Mid-Session Break

 

9

Evolution of business models in the retailing industry

 

10

Evolution of business models in the fast fashion industry

 

11

Evolution of business models in the semiconductor industry

 

12

Comparative summary of business models

Quiz - Finance

13

Revision

Assignment- Finance

 

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Unit information based on version 2026.03 of the Handbook