Please note - Swinburne University of Technology

Subject description
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.
References
Australian Master Tax Guide, North Ryde, N.S.W. CCH Australia Ltd.
Australian lncome Tax Assessment Act 1936, CCH Australia Ltd.
Australian Federal Tax Reporte~ North R yde, N.S.W. CC H Australia
Ltd.
~orkocz~, S. Australian Tax Casebook, North Ryde, N.S.W., CCH
Australia Ltd, 1993
Lehmann, G. and Coleman, C. Taxation Law in Australia, 3rd edn,
Sydney, Butterworths, 1994
BC~I Taxation Entities Issues and
Planning
-. 0
c -. No. of hours per week: two and a quarter hours
g. Prerequisites: see Graduate Certificate in
a
Taxation and Finance
2.
Instruction: lectures and class discussion of issues
m
6 and problems
=I Assessment: class presentations 20%,
W
vl assignments 40%, examination 40%
I c
Subject aims
The objective of the subject is to acquaint students with the
2, areas of taxation of practical utility by concentrating on the
" taxation implications of various taxable entities, in particular
cn
individuals and partnerships, companies, unincorporated
entities, trusts, superannuation funds and primary producers.
In addition the subject will look at the issues involved in tax
4. planning and current developments in taxation.
L
~1 Subject description
2. A selection of topics including the taxation of individuals,
partnerships, companies, trusts, primary producers and cooperatives,
superannuation, administrative provisions.
international taxation, tax planning and recent developments.
References
Australian Master Tax Guide, North Ryde, N.S.W., CCH Australia Ltd.
Australian lncome Tax Assessment Act 1936, North Ryde, N.S.W.,
CCH Australia Ltd.
Australian Federal Tax Reportec North Ryde, N.S.W., CCH Australia
Ltd.
Lehmann, G. and Coleman, C. Taxation Law in Australia, 3rd edn,
Sydney: Butteworths, 1994
Barkoczy, 5. Australian Tax Casebook, North Ryde, N.S.W., CCH
Australia, 1993
O'Grady, G.W. and O'Rourke, K.J. Ryan's Manual of the Law of
lncome Tax in Australia. 7th ed, North Ryde: Law Book Company,
1989
~ ~ 4 1 2 Introduction to Finance
No. of hours per week: two and a quarter hours
Prerequisite: see Graduate Certificate in Taxation
and Finance
Instruction: lectures and class discussion of issues
and problems
Assessment: class presentations 40%,
assignments 60%
Subject aims
The objectives of this subject are:
to provide students with an understanding of the
concepts of corporate finance; and
to develop in students the skills of analysis and
evaluation needed to apply the concepts of corporate
finance to financial management.
Subject description
Various topics will be covered including understanding
company reports, financial statement analysis, working
capital management, fund flow analysis, sources of finance,
valuation concepts, cost of capital, financial structures and
evaluation of investment projects.
References
Bishop, S.R., Crapp, H.R. and Twite, G.J., Corporate Finance, 3rd
edn, Sydney: Holt, Rinehart and Winston, 1993
Bruce, R., McKern, B., Pollard, I. and Skully, M., Handbook of
Australian Corporate Finance, 5th edn, Sydney, Butterworths, 1995
Higgins, R.C.. Analysis forFinancia1 Management, 3rd edn, Irwin,
1992
Peirson, G., Bird. R., Brown, R. and Howard, P., BusinessFinance, 6th
edn, Sydney, McGraw-Hill, 1995
BC413 Investment Analysis
No. of hours per week: two and a quarter hours
Prerequisites: see Graduate Certificate in
Taxation and Finance
Instruction: lectures and class discussion of
issues and problems
Assessment: class presentations 30%,
assignments 70%
Subject aims
The broad objective of this subject is to help participants
learn how to manage their money and develop the skills to
be better able to advise others in managing their
investments.
More specifically, the subject objectives are:
to acquaint participants with the various avenues for the
investment of funds, including shares, fixed-interest
securities and property;
to review the impact of taxation on investment planning;
to consider the fundamental principles of modern
portfolio theory;
to consider the process of portfolio selection and
ongoing investment strategies.
Subject description
Various topics will be covered including investment and
financial planning, role of the stock exchange, investment in
shares, fixed interest securities. Dropertv investment. tax
implications of investment strategies, options and convertible
securities, portfolio theory management evaluation and
investment advice.
References
Bruce, R., McKern, B., Pollard, I. and Skully, M., Handbookof
Australian Corporate Finance, 5th edn, Sydney, Butterworths, 1994
Carew, E., Fast Money 3, Sydney, Allen and Unwin, 1991
Hutchinson, P., Alison, S., Gregory, W. and Lumby, S., Financial
Management Decisions, Thomas Nelson, 1994
Peirson, G., Bird. R., Brown, R. and Howard, P., Business Finance,
6th edn, Sydney, McGraw-Hill, 1995