幻灯片 1

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Transcript 幻灯片 1

Introduction to
Financial Management
Li, Jialong
2011-2-26
Purpose
On completion of this unit students will have the skills and
knowledge required to report on finances related to international
business activity.
Specifically, learners should be able to:
 demonstration of the collation and analysis of financial data for
the international business operations of an organisation in
compliance with Australian, international and overseas financial
regulations.
 financial report on the organisation's international business
operations containing recommendations for improvements in
both compliance and the efficiency of the organisation's
international business operations.
 knowledge of relevant Australian, international and local
legislation and conventions.
ASSESSMENT OVERVIEW
 No Text is prescribed with this learning guide.
Readings, Exercises and Student Notes have
been provided with this Unit Guide.
 Reporting of assessment outcomes
Your result will be recorded and reported to you
as Competent or Not yet Competent.
 Students will be required to complete
exercises and read the handouts and
complete all assessments competently
Competency/Performance Criteria
1. Compile financial information
1.1 Identify financial information related to international
business activity and separate from domestic business
activity for reporting and compliance purposes
1.2 Collect relevant current financial data, convert to currency
used in report, and evaluate and code to ensure
consistency, quality and accuracy in accordance with
organisational requirements
1.3 Use conversion and consolidation procedures to
compile analysis in accordance with organisational
requirements
1.4 Make, record and disclose asset and liability valuations, in
accordance with organisational requirements
1.5 Identify, resolve or refer discrepancies, unusual features
or queries to the appropriate authority.
Competency/Performance Criteria
2. Ensure compliance with relevant international finance regulations
2.1 Identify financial compliance requirements associated with
international business activity for relevant international finance
regulations
2.2 Access processes to ensure compliance with financial compliance
requirements for relevant international finance regulations, from
workplace policies and procedures, and relevant information
sources
2.3 Record income and expenditure to ensure compliance with
statutory requirements
2.4 Calculate liabilities for tax in accordance with relevant legislation
2.5 Identify relevant receipts, revenue documentation and payments
correctly
2.6 Ensure statements and claims take full advantage of available
benefits and allowances in accordance with statutory requirements
2.7 Submit statutory requirement reports to appropriate authorities
within stated deadlines
Competency/Performance Criteria
3. Provide financial business recommendations
3.1 Derive recommendations logically and support with
evidence in report
3.2 Ensure recommendations propose constructive actions to
enhance the effectiveness and efficacy of functions and
services related to international business activity
3.3 Ensure recommendations are concise and facilitate direction
and control of organisation's international operations
3.4 Identify and prioritise significant issues in statements,
including comparative financial performances, for review and
decision making
3.5 Ensure structure and format of reports are clear and
conform to organisational and statutory requirements
Assessment Methods
Task
Assessment Due Date Weight
method
Elements
Assessed
1
In-class
Response
Week
1-16
35%
2
Class Test
Week 7
15%
1
3
Class Test
Week 13
15%
2
4
Report
Week 17
35%
3
Assessment 1 – In-class Response
 The learners will be required to be present in class, respond in
nominated order according to their activeness in putting up their
hands, and present their completion of exercises. The learner
will be assessed in 3 ways:
1. Presence in class (according to roll-calling);
2. Responding answer with loud and clear voice, in proper English
with correct pronunciation and intonation. (20 times is the best
for whole semester).
3. The learner in group or individual should hand in the
electronic paper of answers to exercises, and is required
to give a 3-5 minute speech on their completion of
exercises (for each group, the oral speech required at
least 3 times for a whole semester). The student will be
assessed in 5 dimensions for his/their oral speech.
Assessment 2 – Class Test
Due Date: Week 7
Weight: 15%
 Class Test consisting of a practical
activities and short answer questions
based on the exercises from Lessons 1-5.
 Refer to Assessment tasks for
BSBFIA501A Report on finances related to
international business – Assessment 1
Assessment 3 – Class Test
Due Date: Week 13
Weight: 15%
 Class Test consisting of a practical
activities and short answer questions
based on the exercises from Lessons 1-13.
 Refer to Assessment tasks for
BSBFIA501A Report on finances related to
international business – Assessment 2
Assessment 4 – Report
Due Date: Week 17
Weight: 35%
 Prepare a report based on the knowledge
learnt in lessons Week 1-14
 Refer to Assessment tasks for
BSBFIA501A Report on finances related to
international business – Assessment 3
ASSESSMENT POLICY
LATE AND ABSENT EVIDENCE
COLLECTION/ASSESSMENT
Students must submit work required by assessment events such as projects and
attend scheduled assessment events such as class tests on the required date.
Under extreme circumstances students may negotiate an extension of time
otherwise a penalty is applied.
If a student is late handing in an assessment event, the following penalties may
apply:
 6.2.1 Penalty A - if the assessment event is up to 7 days late the total mark
achieved by the student is reduced by 15% OR the grade is reduced by one
level, for example, reducing a Distinction to a Credit OR the submission may be
eligible for a Pass grade only. Please Note: In Pass/Fail subjects Penalty A will
not apply.
 6.2.2 Penalty B - if the assessment event is more than 7 days late the mark is
reduced to a zero OR the grade is reduced to a Fail for this event.
 6.3 No Penalty will apply if the student has an acceptable reason and negotiates
a new date with the teacher before the original due date or, if this is not possible,
at the first attendance after the event or within 7 days (whichever is the sooner).
 6.4 When an assessment is late with evidence (i.e. medical certificate) the
assessment MUST be submitted on the very next day after the evidence expires.
For example, if your medical certificate covers you for Tuesday and Wednesday,
your assessment must be submitted on the Thursday, regardless of other
classes you may or may not have at TAFE on that day.
SOURCE: SUPPLEMENT TO TAFE COMMISSION GAZETTE No. 37 of 2002
The End of Introduction