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Unit (2020)

Information on this page, including unit offerings, is from the 2020 academic year.

Financial Administration and Budgeting (SWM532)

Organisational Unit Business
Credit Points 3
Availability MURDOCH: S1-internal, S1-external
Teaching Timetables Murdoch S1
Description Sound financial management and decision making is key to the success of any organisation in terms of their quantitative and qualitative performance indicators. This is especially true in the public sector where an understanding of the financial reporting process and the key outputs is necessary for the success of the organisation. This unit will examine such financial management decision making processes including the preparation and presentation of performance and position reports, cash flow statements and budgets.
Unit Learning Outcomes After completion of this unit students should be able to:
LO1. Demonstrate a critical understanding of financial statements that are prepared to help users make key decisions
LO2. Compute key financial ratios that assist in the decision-making process for users who are external to the organisation such as shareholders/stakeholders
LO3. Analyse the impact of differences in financial ratios between financial periods and how these changes may affect management, shareholder or stakeholder actions
LO4. Evaluate budgetary process that internal management uses when making decisions relating to the allocation of scarce resources
LO5. Evaluate the role of accounting information in decision making
LO6. Demonstrate the skills of critical analysis, teamwork and collaborative learning, and communication -both written and oral.
Timetabled Learning Activities 1 X LECT 1 HOUR WEEKLY AND 1 X TUTORIAL 1 HOUR WEEKLY
Unit Learning Experiences Seminars and workshops are delivered in face-to-face teaching mode as well as a fully online program. This unit is a 3 credit point unit and an average student workload to be reasonably successful would require 120 hours for the semester. The lecture/workshop sessions account for 24 hours over the period therefore, the average student would need to commit to pre-reading; preparation for workshops; assignment; review and revision. Workshops are occasions for students to interact with each other and a faculty member. Workshops provide the opportunity to gain feedback, ask questions and discuss topics relevant to the course. To promote teamwork, one group assignment is required to be completed during the semester.
Assessment Workshop Participation - 10% Mid Semester Test- 25% - Group Presentation - 15% Final Exam - 50%
Prerequisites Enrolment in a graduate-level course.
Exclusions Students who have successfully completed MBS536 Financial Management Decision Making may not enrol in this unit for credit.
Appears in these Courses/Majors:
see individual structures for context
Graduate Certificate in Health Administration, Policy and Leadership (GCHAPL) [New in 2015]
Graduate Certificate in Policy and Development (GradCertPDev)
Graduate Certificate in Protected Area Administration (GradCertPAAdmin) [New in 2015]
Graduate Certificate in Public Administration (GradCertPAdmin)
Master of Development Studies (MDS)
Master of Health Administration, Policy and Leadership (MHAPL) [New in 2016]
Master of International Affairs and Security (MIAS)
Master of Public Policy and Management (MPPM)
Internet Access RequirementsMurdoch units normally include an online component comprising materials, discussions, lecture recordings and assessment activities. All students, regardless of their location or mode of study, need to have access to and be able to use computing devices with browsing capability and a connection to the Internet via Broadband (Cable, ADSL or Mobile) or Wireless. The Internet connection should be readily available and allow large amounts of data to be streamed or downloaded (approximately 100MB per lecture recording). Students also need to be able to enter into online discussions and submit assignments online.


Unit Coordinator
Professor Manzurul Alam
Professor of Accounting

Murdoch Campus
t: 9360 6580
e: M.Alam@murdoch.edu.au
o: 512.1.033 - Murdoch Business School, Murdoch Campus
Unit Contacts

MURDOCH: S1-External
MURDOCH: S1-Internal
Professor Manzurul Alam
Professor of Accounting

Murdoch Campus
t: 9360 6580
e: M.Alam@murdoch.edu.au
o: 512.1.033 - Murdoch Business School, Murdoch Campus
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