Unit convenor and teaching staff |
Unit convenor and teaching staff
Lecturer
Garry Morris
Contact via garry.morris@mq.edu.au
4ER level 2
As requested by email
Moderator
Meiting Lu
Contact via meiting.lu@mq.edu.au
4ER level 2
N/a
Administration
Aditya Sawant
4ER 350D
N/a
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Credit points |
Credit points
4
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Prerequisites |
Prerequisites
ACCG907 and ACCG908 and ACCG913
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
This unit provides an extended formal academic support for students concurrently enrolled in the Financial Risk Management unit of the CPA program. This unit provides knowledge, principles, skills and an appreciation of the treasury function in a corporate environment. It presents an overview of various aspects of treasury focusing on the identification and management of financial risks that organisations face. The unit also addresses investment evaluation, the sourcing of necessary funds for an organisation, and the application of and accounting for hedge instruments.
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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 | Hurdle | Due |
---|---|---|---|
Class test 1 | 25% | No | Week 5 |
Class test 2 | 25% | No | Week 9 |
Report | 20% | No | Weeks 7, 12 and 13 |
Final examination | 30% | No | 10 to 30 April |
Due: Week 5
Weighting: 25%
Extension No extensions will be granted unless Special Consideration is sought.
Penalties Students who do not complete the test will be awarded a zero mark unless Special Consideration is approved.
Marking criteria Your mark will be based on the accuracy of your answers.
Due: Week 9
Weighting: 25%
Extension No extensions will be granted unless Special Consideration is sought.
Penalties Students who do not complete the test will be awarded a zero mark unless Special Consideration is approved.
Marking criteria Your mark will be based on the accuracy of your answers.
Due: Weeks 7, 12 and 13
Weighting: 20%
Extension No extensions will be granted unless Special Consideration is sought.
Penalties There will be a deduction of 10% of the total available marks from the total awarded for each 24 hour period or part thereof that the submission is late. As an example, if the report is submitted 25 hours late, then there will be a 20% penalty. This penalty does not apply if Special Consideration is approved. No submissions will be accepted after solutions have been posted.
Marking criteria Your mark will be based on the demonstrated understanding of your allocated company's financial risks and the appropriateness of your recommendations to manage these exposures. Consideration will be given to each student's contribution to the written report and their individual presentation.
Due: 10 to 30 April
Weighting: 30%
Marking criteria Your mark will be based on the accuracy of your answers.
Required Text: | CPA Program: CPA Financial Risk Management, Deakin University, Geelong, revised January 2018. Other references are given at the end of each module in the CPA manual. |
Unit Web Page: | www.mq.edu.au |
Technology Used and Required: | Students must be familiar with the learning management system iLearn. Students will require access to a computer to conduct their own research using internet search engines and library databases. |
Delivery Format and Other Details: | Timetable The timetable for classes can be found on the University webpage http://timetables.mq.edu.au |
Recommended Readings: | CPA Financial Risk Management text |
Other Course Materials: | As suggested by CPA in their text |
Requirements to complete the unit satisfactorily You will be expected to attend 3 hours of face-to-face lectures each week. You will also need to satisfactorily complete 2 class tests as well as a team-based research project. These tasks will require at least 50% of the total marks awarded or 35 in total of the allocated 70 marks for the internal Macquarie University component of this unit. In addition you need to achieve at least a PASS in the CPA external exam.
Week |
Topic |
1 |
Module 1, Introduction to Financial Risk Management
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2 |
Module 2, Management of Liquidity, Debt & Equity
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3 |
Module 3, Investment Evaluation & Capital Structure |
4 |
Module 4, Derivatives |
5 |
1st Test (Modules 1 to 4) Module 5, Interest Rate Risk Management |
6 |
Module 6, Foreign Exchange & Commodity Price Management
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7 |
Submit initial work on research project Module 7, Accounting for Derivatives & Hedge Relationships
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8 |
Module 8, Controlling Risks
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9 |
2nd Test (Modules 5 to 8)
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10 |
Test results and revision
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11
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Revision |
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CPA Exams |
12
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Presentations and research project submitted in class |
13 |
Additional presentations if required
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Macquarie University policies and procedures are accessible from Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central). Students should be aware of the following policies in particular with regard to Learning and Teaching:
Undergraduate students seeking more policy resources can visit the Student Policy Gateway (https://students.mq.edu.au/support/study/student-policy-gateway). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
If you would like to see all the policies relevant to Learning and Teaching visit Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central).
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/study/getting-started/student-conduct
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
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
If you are a Global MBA student contact globalmba.support@mq.edu.au
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.
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:
Our postgraduates will be able to communicate effectively and convey their views to different social, cultural, and professional audiences. They will be able to use a variety of technologically supported media to communicate with empathy using a range of written, spoken or visual formats.
This graduate capability is supported by:
This unit addresses global and sustainability issues as direct areas of study and as necessary implications arising from the materials, assessment and academic discussion and debate in classes/seminars. We promote sustainability by developing ability in students to research and locate information within accounting discipline. We aim to provide students with an opportunity to obtain skills which will benefit them throughout their career. This unit gives you opportunities to understand the current practice and research in Financial Risk Management. The unit materials have a reference list at the end of each module containing all references cited by the author.These provide some guidance to references that could be used to research particular issues.