Name: Hartmut Dongus

Short Bio:
Hartmut is working at Landesbank Baden-Württemberg (LBBW) Singapore Branch. LBBW is one of Germany’s largest banks with total assets in excess of EUR 300 billion and 10,000 employees. He has a diverse background in banking by having covered credit as well as various back office functions, but also having been responsible for customer relations and marketing. Among his achievements are the complete reorganization of business processes (including accounting treatment) in the trade finance and loan administration area as well as the setting up of a cost accounting system for the entire corporate customer business of the branch. Prior to his assignment to Singapore, Hartmut has learnt his trade as a credit and equity analyst in Germany. From ratio or break-even analysis, over cash flow statements to budgets, Hartmut can draw on his vast experience in applying theoretical concepts to the analysis and solution to problems faced in today’s business environment. “Keeping it simple”, “Looking outside the box” and “Doing, not listening” are his recipe for the right mix of theory and application, teaching and practicing. Hartmut holds a MBA from University of Adelaide following two German degrees (one in business administration and one in banking and finance).

Email: hartmut.dongus@adelaide.edu.au

Phone: +65 98486195

Opening intensive:
Friday 27 June 2014 7pm-10pm
Saturday 28 June 2014 1pm-8pm
Sunday 29 June 2014 9am-4pm

Closing intensive:
Friday 22 August 2014 7pm-10pm
Saturday 23 August 2014 1pm-8pm
Sunday 24 August 2014 9am-4pm

The key learning objectives of this course are:

1. A pragmatic introduction to accounting concepts and practice.
2. Demonstrate a basic understanding and ability to understand accrual accounting and financial statements.
3. Interpret and use financial and management accounting reports at a managerial level.
4. Understand several internal management reporting concepts, such as costing systems, financial planning and budgeting, breakeven, contribution margin and cost-volume-profit analysis.
5. Understand concepts of financial management including short-term liquidity and management of working capital.
6. Understand the links between accounting and planning, control, accountability and decision making functions within organisations.
7. Understand the decision making process for long-term investments in project management and innovative new ventures.
8. Understand the fundamentals of financing new and innovative projects or ventures.
9. Understanding of interpretation and use of financial and management accounting reports at a decision making or at a managerial level.
10. Undertaking group assignments (if applicable) will take learning into the realm of actual decision making and require the sharing of tasks, schedules, co-ordination of work between people.

Text book:
Atrill, Peter, Eddie McLaney, David Harvey, Maurice Jenner. (2012), Accounting: an introduction. 5th edition. French Forest: Pearson Education Australia

There is a wide range of material on the course topic available. The following provides some additional reading guidance if you are interested in reading further on the topic:

Brigham, Eugene F., Michael C. Ehrhardt. 2014. Financial Management – Theory and Practice. 14th edition. Mason: South-Western Cengage Learning.

Carlon, Shirley, Rosina Mladenovic-McAlpine, Janice Loftus, Chrisann Palm, Paul D. Kimmel, Donald E. Kieso, Jerry J. Weygandt. 2011. Accounting: building business skills. 4th edition. Milton: John Wiley & Sons Australia.

Meredith, Jack R., Samuel J. Mantel, Jr.. 2012. Project Management - A Managerial Approach. 8th edition. Hoboken: John Wiley & Sons, Inc.

PricewaterhouseCoopers. 2014. Illustrative Annual Report. 2013 edition
http://www.pwc.com/sg/en/index.jhtml – Publications – Illustrative Annual Report

Titman, Sheridan, John D. Martin. 2008. Valuation: the art and science of corporate investment decisions. Boston: Pearson Education.

Project Finance Magazine. http://www.projectfinancemagazine.com/

Project Finance International (PFI). http://www.pfie.com/

Library Resources
The University of Adelaide’s Barr Smith Library provides a range of learning resources including texts, journals, periodicals, magazines, and access to online databases and information services. It also offers a virtual library which is accessible via the University’s website. The University Library web page is: http://www.adelaide.edu.au/library/
From this link, you are able to access the Library's electronic resources.

Other resources
If you are a member of the PMI (http://www.pmi.org/Membership.aspx ) you will “gain exclusive access to PMI publications and our global standards*, networking options with our chapters and online communities of practice, and leadership and volunteer opportunities. You’ll also receive discounts on certification exams and renewals, as well as our professional development offerings.” Student membership is USD$40 to join and USD$30 to renew.

* Log in to access complimentary read-only PDFs of all of PMI's published standards or take advantage of discounts on paperback editions
http://www.pmi.org/PMBOK-Guide-and-Standards/Standards-Library-of-PMI-Global-Standards.aspx

MyUni is the University of Adelaide's online learning environment. It is used to support traditional face-to-face lectures, tutorials and workshops at the University. MyUni provides access to various features including announcements, course materials, discussion boards and assessments for each online course of study (see: https://myuni.adelaide.edu.au)

This course is offered in blended learning mode with the face-to-face component offered as intensives.

As a guide, a 3 unit course comprises a total of 156 hours work (this includes face-to-face contact, any online components, and self directed study).

Part A: Basic Accounting Concepts and Financial Statements

Intensive	Date	Content	Readings/Activities
1	27/06/14	TOPIC 1: The Nature of Accounting	Atrill et al., Chapter 1 and 2 ACRA (www.acra.gov.sg) IE Singapore (www.iesingapore.gov.sg)
2 & 3	28/06/14 & 29/06/14	TOPIC 2: Financial Statements	Atrill et al., Chapter 3 and 4 ASC (www.asc.gov.sg)  PWC Illustrative Annual Report 2011
		TOPIC 3: Statement of Cash Flows	Atrill et al., Chapter 5 PWC Illustrative Annual Report 2011

Part B: Financial Statement Analysis and Related Issues

Intensive	Date	Content	Readings/Activities
2 & 3	28/06/14 & 29/06/14	TOPIC 4: Analysis of Financial Statements	Atrill et al., Chapter 6
		TOPIC 5: Accounting for Companies	Atrill et al., Chapter 2 ACRA (www.acra.gov.sg)  PWC Illustrative Annual Report 2011
		TOPIC 6: Working Capital Analysis	Atrill et al., Chapter 13
4	22/08/14	In-Class Presentation (see chapter 5.3 for details)

Part C: Internal Accounting – Cost Concepts

Intensive	Date	Content	Readings/Activities
5	23/08/14	TOPIC 7: Management Accounting – Cost Concepts	Atrill et al., Chapter 7, 8
		TOPIC 8: Budgeting and Planning	Atrill et al., Chapter 9, 10 Meredith et al.

Part D: Project and Innovation Finance

Intensive	Date	Content	Readings/Activities
6	24/08/14	TOPIC 9: Capital Investment Decisions	Atrill et al., Chapter 11 Brigham et al. Titman et al.
		TOPIC 10: Financing Projects	Atrill et al., Chapter 12, 14 Brigham et al. Titman et al.

None

An overview of the course assessment appears in the following Table. Details appear in the following section:

Assessment No.	Form of Assessment/Collaborative Task	Length (in word count)	Weighting	Due Date	Learning outcomes covered (see 2.1 for detail)
1	Class Participation	N/A	10%	Ongoing
2	Group assignment / In-class presentation	3000 words / 25 minutes	30%	14 July 2014 / 22 August 2014
3	Individual assignment (exam questions)	4 pages	20%	8 September 2014
4	Individual assignment (project evaluation)	2000 words	40%	15 September 2014
	Total		100%

Students must complete all course assessment requirements and must attend lectures to be eligible to pass the course.
Course results are subject to moderation by the ECIC Board of Examiners

  Details available in MyUni

All text based assignments must be submitted via MyUni.
Please refer to step by step instructions: http://www.adelaide.edu.au/myuni/tutorials/files/AssignmentStudentSubmission.pdf

There are a few points to note about the submission of assignments:

• Assignment Submission:  Assignments should not be emailed to the instructor; they must be lodged via the MyUni Course site (unless specified to do both). Note that assignments may be processed via TURNITIN, which is an online plagiarism prevention tool.
• Cover Sheet:  Please submit, separate to your assignment, the completed University of Adelaide Assessment Cover Sheet providing details of yourself and your team members (if applicable), your assignment, the course, date submitted, etc. as well as the declaration signed by you that this is your (your team’s) work.  Note that the declaration on any electronically submitted assignment will be deemed to have the same authority as a signed declaration.
• Backup Copy of Assignments:  You are advised to keep a copy of your assignments in case the submitted copy goes missing.  Please ensure that all assignment pages are numbered. If your assignment contains confidential information, you should discuss any concerns with the Course Lecturer prior to submission.
• Extensions of Time:  Any request for an extension of time for the submission of an assignment should be made well before the due date of the assignment to the Course Lecturer.  Normally, extensions will only be granted for a maximum of two weeks from the original assignment submission date.  Extensions will only be granted in cases of genuine extenuating circumstances and proof, such as a doctor’s certificate, may be required.
• Failure to submit: Failure to submit an assignment on time or by the agreed extension deadline may result in penalties and may incur a fail grade.  Note that a late penalty of 5% of the total available marks for that assessment item will be incurred each day an assignment is handed in late (Unless otherwise stated in section 5.2 or 5.3).  Assignments handed in after 14 days from the due submission date will fail even if a 100% mark is granted for the work.