1997 Swinburne Higher Education Handbook

topic that is currently being reported and extended in the
accounting literature. Topics may be drawn from the areas
of management accounting, finance, tax, financial
accounting, auditing, accounting theory, corporate reporting
and computer accounting. Students will be required to make
class presentations at progressive stages in their research and
will be required to submit a written dissertation of
approximately 15,000 words in length.
Students intending to complete their degree with honours
must apply for entry into the honours year by the end of
their three year degree.
Note that entry into the honours year is competitive and the
number of places is subject to a quota.
BC401 Accounting for Management
2.35 hours per week Hawthorn Prequisite: nil
Assessment: assignments
A subject in the Graduate Certificate in Business
Administration
Objectives
The objectives of the subject are to develop a manager's
ability to understand and apply financial information in
making business decisions and assessing the performance of
a business.
The subject will aim to produce a more effective user of
accounting information. A minimum of technical
accounting will be used but emphasis will be placed on
understanding sufficient accounting to be aware of the
appropriate uses and limitations of information produced by
the accounting system.
Content
No prior knowledge of accounting is assumed.
Topics include:
general purpose financial statements;
financial statement analysis;
cash flow statements;
business finance and investment decision analysis;
cost, volume, profit analysis;
costing products and services;
segment performance evaluation;
budgeting and profit planning.
Recommended reading
Meredith, G., Accounting and Financial Management for Business
Decisions, Sydney, McGraw-Hill, 1994
Hey-Cunnin~ham, D., Financial Statements Demystified, . . Allen &
~nkin, 199f
Gaffikin, M., Principles of Accounting, 3rd ed. Sydney Harcourt
Brace Jovanich, 1993
BC410 Introduction to Taxation
2.25 hours per week Hawthorn Prerequisite: see Graduate
Certificate in Taxation and Finance Instruction: lectures
and class discussion of issues and problems Assessment:
Assignments
A subject in the Graduate Certificate in Taxation and
Finance
Objectives
The overall objective is to develop in students an
understanding of the Income Tax Assessment Act, 1936, as
amended, together with those acts which are complementary
to the Assessment Act.
Specifically, the subject will:
familiarise students with recent Court and
Administrative Appeals Tribunal decisions in the area of
income taxation;
develop research skills in students in relation to current
and landmark taxation cases; and
with the aid of income tax rulings and the
aforementioned tax cases, develop in students an
understanding of the basic concepts of income, capital
and rules governing deductions.
Content
A selection of topics including the scheme of the income tax
assessment act, assessable income, statutory inclusions and
exclusions in income, source derivation and residency,
allowable and specific deductions.
Recornmended reading
Australian Master Tax Guide, North Ryde, N.S.W. CCH
Australia Ltd.
Australian Income Tax Assessment Act 1936, CCH Australia Ltd.
Australian Federal Tax Reporter, North Ryde, N.S.W. CCH
Australia Ltd.
Borkoczy, S. Australian Tax Casebook, North Ryde, N.S.W.,
CCH Australia Ltd, 1995
Lehrnann, G. and Coleman, C. Taxation Law in Australia, 3rd
edn, Sydney, Butterworths, 1994
BC411 Taxation Entities Issues and Planning
2.25 hours per week Hawthorn Prerequisite: see Graduate
Certificate in Taxation and Finance
Instruction: lectures and class discussion of issues and
problems Assessment: assignments, examination
Obiectives
The objective of the subject is to acquaint students with the
areas of taxation of practical utility by concentrating on the
taxation implications of various taxable entities, in particular
individuals and partnerships, companies, unincorporated
entities, trusts, superannuation funds and primary
producers. In addition the subject will look at the issues
involved in tax planning and current developments in
taxation.
Subject description
A selection of topics including the taxation of individuals,
companies, trusts, primary producers and cooperatives,
superannuation, administrative provisions,
international taxation, tax planning and recent
developments.
Recommended reading
Australian Master Tax Guide, North Ryde, N.S.W., CCH
Australia Ltd.
Australian Income Tax Assessment Act 1936, North Ryde, N.S.W.,
CCH Australia Ltd.
Swinburne University of Technology 1997 Handbook 273