ENTREP 7059OL - Project and Innovation Finance and Accounting

Online - Quadmester 2 - 2016

Engineers, scientists, technologists and those starting new ventures understand that a good grasp of accounting and financial management disciplines are crucial to success. This course is designed to take such professionals through the essential knowledge and skills development in areas such as: accounting concepts, understanding and analysing financial statements, book keeping, the accounting cycle, cash flow, company accounting, budgeting and planning, an introduction to management accounting. This course introduces financial modelling, analysis of project proposals and cost optimisation. Major topics include the time value of money and capital budgeting processes, depreciation, capitalisation and valuation, sensitivity analysis, value management, earned value, life cycle costing. Application of projects and innovative new ventures. The context of the course is engineering, technology and information technology design and production, operations and processes, which include consulting, production, procurement, maintenance and logistics supply for technology based operations, including defence, construction, and manufacture, and IT provision for ongoing businesses, assessment of efficiency, risk and quality management, and related aspects.

  • General Course Information
    Course Details
    Course Code ENTREP 7059OL
    Course Project and Innovation Finance and Accounting
    Coordinating Unit Entrepreneurship, Commercialisation & Innov Centre
    Term Quadmester 2
    Level Postgraduate Coursework
    Location/s Online
    Units 3
    Contact approx 4 hours per week over 10 weeks (interaction and preparation)
    Available for Study Abroad and Exchange
    Course Description Engineers, scientists, technologists and those starting new ventures understand that a good grasp of accounting and financial management disciplines are crucial to success. This course is designed to take such professionals through the essential knowledge and skills development in areas such as: accounting concepts, understanding and analysing financial statements, book keeping, the accounting cycle, cash flow, company accounting, budgeting and planning, an introduction to management accounting. This course introduces financial modelling, analysis of project proposals and cost optimisation. Major topics include the time value of money and capital budgeting processes, depreciation, capitalisation and valuation, sensitivity analysis, value management, earned value, life cycle costing. Application of projects and innovative new ventures.

    The context of the course is engineering, technology and information technology design and production, operations and processes, which include consulting, production, procurement, maintenance and logistics supply for technology based operations, including defence, construction, and manufacture, and IT provision for ongoing businesses, assessment of efficiency, risk and quality management, and related aspects.
    Course Staff

    Course Coordinator: Dr Allan O'Connor

    Program Director Contact Details:
    Entrepreneurship & Innovation
    Name: Dr Allan O'Connor
    Email: allan.oconnor@adelaide.edu.au


    Teaching Staff:

    Term 2 and Term 4 Online
    Name: Dr Anton Jordaan

    Short Bio:
    Anton Jordaan was originally trained as an accountant and tax specialist.  Five years after founding an accounting and tax consultancy, he sold his shares to his partners and set out to establish, grow and harvest a number of business ventures in the education and training space. In subsequent years, one of his businesses was acquired by a stock exchange listed company; and a few years later his business was involved in an IPO. Following the IPO he served as a director of this newly listed company for 2 years.
    In addition to the strategic leadership and financial roles over the years, Anton has maintained an interest in education and training, and has 20 years teaching experience in tertiary, vocational and corporate education environments. He has delivered entrepreneurship and project management programs in Singapore, Malaysia, Brunei, Hong Kong, USA, UK, Netherlands, South Africa, Oman, Qatar, Russia, Canada and Australia.

    After attaining a Bachelor of Commerce degree in Accounting, he completed an Honours degree in Accounting, a Master of Commerce degree in Business Management, a MBA degree with an Entrepreneurship focus, and a Master of Advanced Business Practice degree. He completed a PhD in Entrepreneurship at The University of Adelaide and is a member of CPA Australia.

    Email: anton.jordaan@adelaide.edu.au
    Course Timetable

    The full timetable of all activities for this course can be accessed from Course Planner.

    Monday 11th April to Sunday 19th June 2016
  • Learning Outcomes
    Course Learning Outcomes

    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.
    University Graduate Attributes

    This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

    University Graduate Attribute Course Learning Outcome(s)
    Deep discipline knowledge
    • informed and infused by cutting edge research, scaffolded throughout their program of studies
    • acquired from personal interaction with research active educators, from year 1
    • accredited or validated against national or international standards (for relevant programs)
    1-9
    Critical thinking and problem solving
    • steeped in research methods and rigor
    • based on empirical evidence and the scientific approach to knowledge development
    • demonstrated through appropriate and relevant assessment
    3;7;8;9
    Teamwork and communication skills
    • developed from, with, and via the SGDE
    • honed through assessment and practice throughout the program of studies
    • encouraged and valued in all aspects of learning
    3;7;9;10
    Career and leadership readiness
    • technology savvy
    • professional and, where relevant, fully accredited
    • forward thinking and well informed
    • tested and validated by work based experiences
    1;6;8;9
    Intercultural and ethical competency
    • adept at operating in other cultures
    • comfortable with different nationalities and social contexts
    • able to determine and contribute to desirable social outcomes
    • demonstrated by study abroad or with an understanding of indigenous knowledges
    7-10
    Self-awareness and emotional intelligence
    • a capacity for self-reflection and a willingness to engage in self-appraisal
    • open to objective and constructive feedback from supervisors and peers
    • able to negotiate difficult social situations, defuse conflict and engage positively in purposeful debate
    2-9
  • Learning Resources
    Required Resources

    Text book:
    Atrill, P., McLaney, E., Harvey, D. & Jenner, M. (2011). Accounting: an introduction (5th Ed). Frenchs Forest NSW: Pearson Education Australia.

    Make sure you obtain the Australian edition
    (The 4th or 6th edition will also suffice)

    Recommended Resources

    Other useful texts and references are:
    Atrill, P. 2009. Management Accounting for Decision Makers. FT Prentice Hall. 6th Edition

    Dagwell, R.,Wines, G.,Lambert, C. 2012. Corporate Accounting in Australia. Pearson Australia.

    Project Finance Magazine. Complete package of news, analysis, comment and statistics. All seamlessly delivered through traditional and modern media channels. Subscription includes 10 print issues a year, industry sector tailored alerts delivered direct to mobile device or PC, weekly e-news alert, full access to Project Finance magazine online including fully searchable archive dating back to 1999. http://www.projectfinancemagazine.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
    Online Learning

    LEARN is the University of Adelaide’s platform for dedicated online delivery. LEARN is a customised version of Moodle, and houses all course requirements including the course profile, announcements, additional course materials (beyond the prescribed text), assessment items, discussion forums, grading, feedback, links to various university and course resources, an internal website email system, a technical assistance facility, etc. LEARN is only accessible once the URL and a password have been provided to the student on enrolment. Students are given access to the course prior to the start date to familiarise themselves with the operational aspects and functionality of the website. 

  • Learning & Teaching Activities
    Learning & Teaching Modes
    This course is offered in online mode
    Workload

    The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

    As a guide, a 3 unit course comprises a total of 156 hours.

    Learning Activities Summary
    This is a draft schedule and session dates are a guide only. The timetable may be changed during the course delivery if necessary.
    Week Content Readings Activites
    1

    Building skills in understanding the reasons for compiling accounting information and to develop an understanding of the potential uses of the outputs generated by this information system.

    Overview of two financial statements: the profit and loss (income statement) and the balance sheet.

    Online Lessons

    Chapters 1 and 2

    Class Discussion

    2 Taking a closer look at two key components of the financial statements, being the balance sheet (also known as the statement of financial position) and the income statement (or profit and loss).

    Online Lessons

     

    Chapters 3 and 4

    Class Discussion

    Watch video:
    "The Accounting Equation" http://www.youtube.com/watch?v=SRf_M1NRru4&feature=player_embedded

    Submit: Accounting Transactions Analysis
    3 Continuation of week 2

    Online Lessons

    Chapters 3 and 4

    Class Discussion

    Submit: Asset Analysis Activity
    4

    Initially in this topic the cash flow statement is considered. Some time is spent developing skills in reading the statement.

    Online Lessons

     

    Chapter 5

    Class Discussion

    Watch video: Statements of Cash Flows http://tv.opentuition.com/video/118/Statements-of-Cash-Flows-part-1-ACCA-F3

    Submit: Assessment 1: Printers Pty Ltd.
    5

    Analysis and interpretation of financial reports, common size comparisons; liquidity ratios, leverage and capital structure ratios, profitability ratios and trend analysis.

    You will spend some time in this topic developing the ability to analyse and interpret all of the general purpose financial statements.

    Online Lessons

     

    Chapter 6

    Class Discussion

    Watch video: http://www.youtube.com/watch?v=3lqYLpUenms&feature=related

    Submit: Learning Activity
    6

    We start the unit by differentiating between internal and external sources of finance.

    At the completion of this unit, you should have gained a better understanding of the options when seeking funding for a business and the appropriateness of each of these alternatives; identify links between the three major accounting reports, and reviewing the annual report of a company.

    Online Lessons

     

    Chapters 2 & 14

    Class Discussion

    Watch video: "Sources of Finance"

    http://www.youtube.com/watch?v=-OLb47idpqg

    Submit: Financing Plans Analysis Activity
    7

    Becoming familiar with the concept of working capital and related management and analytical techniques.

    Cash or liquidity management is concerned with ensuring the availability of funds needed to meet day-to-day operations.

    Online Lessons

     

    Chapter 13

    Class Discussion

    Watch video: "Cash is King: Managing Working Capital" http://www.youtube.com/watch?&v=PU6Wb9clz588&feature=related

    Submit: A2: Annual Report Financial Statement and Analysis Assignment.
    8

    Management accounting/cost accounting.

    We will investigate: fixed and variable costs, classification of costs, introduction to activity based costing (ABC), job-costing and process costing. Control systems, cost allocation, profit centres, contribution approach, break-even analysis and measuring responsibility centre profits. ABC for projects.

    Online Lessons

     

    Chapters 7 & 8

    Class Discussion

    Watch videos: "Costing Part 1"
    http://www.youtube.com/watch?&v=2cbbWOnH42Y

    "Breakeven Analysis"
    http://www.youtube.com/watch?v=Y22_AC6BN9Y

    "Breakeven Charts"
    http://www.youtube.com/watch?&v=TLOo2mY6FIw

    Submit: Cost Analysis Activity

    9

    Managerial accounting and one which is important to all functional areas in the business. Budgeting is an activity that most business managers take very seriously, and part of this interest is that most will have their performance measured against this budget by the end of the period.

    Online Lessons

     

    Chapters 9 & 10

    Class Discussion

    Submit: Reflective Activity

    Watch video:
    "Budgeting Process – 10 Cash Budgets E13" http://www.youtube.com/watch?v=PvL-WxJ3_kM

    10

    Capital investment decision-making. We will explore how businesses make decisions when considering new investments in plant, machinery, buildings or other long-term assets. The principles applied by businesses are the same as those you might apply in the acquisition of assets as an individual.

    Online Lessons

    Chapters 11
    Class Discussion

    Watch video: "FA 8 8 Present Value"
    http://www.youtube.com/watch?&v=6oCPsXb74FQ

    FA 8 9 Net Present Value
    Example" http://www.youtube.com/watch?&v=2sXYobpdsUA
    Submit: A3: Project Evaluation Assignment
    Specific Course Requirements
    A Financial Calculator is a useful tool but not mandatory.
  • Assessment

    The University's policy on Assessment for Coursework Programs is based on the following four principles:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary

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

    #AssessmentLengthWeightingDue DateLearning Outcomes
    1 Income Statement and Balance Sheet for Minuteman Printers Pty Ltd Reports + Notes 20% Day 7 of Week 4 1-3, 6-9
    2 Annual Report Financial Statement and Analysis (Group assignment) 3000 Words 25% Day 7 of Week 7

    1-10

    3 Project Evaluation Assignment 2000 Words 25% Day 7 of Week 10 1-9
    4 Application assignments 200 to 300 Words 15% Day 7 of Weeks 2,3,5,6,8 & 9 1-6,8,9
    5 Discussion Forum Participation N/A 15% Days 3-7 of each week 1-6,8,9
    Total 100%
    Assessment Related Requirements

    Students must check all discussion forums weekly and to actively participate in and contribute to any ongoing online discussion threads.

    Students must complete all course assessment requirements.

    Course results are subject to moderation by the ECIC Board of Examiners

    Appropriate use of the Internet in assignments

    The purpose of this document is to assist students with appropriate use of the material they have accessed on the Internet in assignments. The Internet is a wonderful source of information and sometimes students are not aware of how to use it properly. For example, a recent case had over 70% of words copied from over 20 other sources. Furthermore, many students think this is the appropriate use of the Internet.

    IT IS NOT.

    2014 has been a bad year for students infringing University’s Academic Dishonesty Requirements with over 10 students infringing within the Master of Applied Project Management.

    There is a hierarchy of penalties, the lowest of which is the loss of some assignment marks and the student’s name being placed on the Faculty’s Academic Dishonesty Register for six months. This only occurs if I believe this occurred through error. The second level penalty is more significant which is
    loss of all marks for the assignment and being placed on the University’s Academic Dishonesty Register for the remainder of their time at the University. Even higher penalties can involve the University deciding the student should not graduate. This has occurred in the Master of Project Management.

    Appropriate use of the Internet is to include all directly copying of sections of other reports in ‘inverted comas’, as a quotation, and note the source of the quote. To include a group of words without use of inverted colours and without noting where the words came from is an example of academic dishonesty.

    Students may not be aware that the University has use of an international database called Turnitin in which all direct use of other material can be traced.

    On a more positive note students need to understand the points made in any paper they access on the Internet and integrate these thoughts into their argument rather than just copying large passages. Of course this takes more work but this is what tertiary education requires and, in the end, make students into better thinkers and more able to express their ideas in their assignments.
    Assessment Detail

    Assessment 1: Income Statement and Balance Sheet for Minuteman Printers Pty Ltd
    Weighting: 20%
    Due Date: Day 7 of Week 4
    Submission Details: Via Drop Box in PDF in LEARN

    Scope:
    This assignment will assess your understanding of the course topics 1-4

    Task:
    Prepare an Income Statement and Balance Sheet as at 30 June 2014 for Minuteman Printers Pty Ltd
    Minuteman Printers Pty Ltd is a supplier of a range of printed material to businesses and organisations. The business is located in Thebarton, South Australia.

    Prepare an Income Statement (P&L) which includes allocation of income and expenses, and a Balance Sheet for Minuteman Printers in vertical format for the period ended 30 June 2014. Prepare your work on excel using a spreadsheet.

    Note these accounts are for internal reporting only and is not a Trial Balance (for those who have an accounting background or access to an advisor).

    You may need to research the Income Statement and Balance Sheet layouts and adjustments from other sources other than the textbook; however, the wider references provided in your course material contain the relevant accounting information.

    You are provided with the following balances extracted from Minuteman’s General Ledger:

    Accounts payable (creditors)  217,500
    Accounts receivable (debtors)  272,000
    Advertising expense  17,000
    Allowance for doubtful debts  30,600
    Amortisation of goodwill  7,000
    Amortisation of R&D  10,000
    Asset revaluation reserve  140,000
    Bad debts expense  19,000
    Carrying amount of delivery vehicle sold 20,000
    Cash at Bank 135,000
    Cost of Goods Sold 2,165,100
    Current income tax liability 128,610
    Depreciation of motor vehicles 62,000
    Depreciation of office furniture 33,000
    Design Services rendered to clients 185,000
    Freight In 11,075
    Freight Out 22,000
    General reserve 275,000
    Goodwill (at cost) 108,000
    Gross proceeds on sale of delivery vehicle 31,000
    GST compliance fee 22,800
    Accumulated amortisation – goodwill 7,000
    Accumulated amortisation – R&D 10,000
    GST owing to ATO 28,800
    Income tax expense for the current year 128,610
    Depreciation of retail store equipment 8,000
    Depreciation of retail store 25,000
    Insurance expense 42,000
    Interest expense 4,200
    Interest payable 1,500
    Inventory 415,000
    Land (cost) 300,000
    Mortgage loan payable 202,500
    Motor vehicles (at cost) 436,000
    Office furniture (at cost) 72,000
    Prepaid Insurance 8,500
    Prepaid Rent 6,500
    Provision for ordinary dividend 80,000
    Provision for preference dividend 40,000
    Rates expense 15,000
    Rent expense 36,200
    Rental from sub-lease agreement 12,000
    Research & Development (R&D) costs 80,000
    Retail store (at fair value) 925,000
    Retained Income (after dividends and reserve transfer at 30.6.2013) 130,000
    Salaries - Administrative staff 354,000
    Salaries payable 31,000
    Sales commissions marketing staff 406,000
    Sales discount allowed 15,000
    Sales (turnover) 3,550,075
    Sales staff vehicle expenses 38,000
    Share issue costs 27,000
    Store equipment (at cost) 93,000
    Accumulated depreciation – motor vehicles 180,000
    Accumulated depreciation – office furniture 38,000
    Accumulated depreciation – retail store equipment 27,000
    Accumulated depreciation – retail store 25,000
    Preference share capital (400,000 shares issued at $2 each)
    Ordinary share capital (300,000 shares issued at $1 each)


    Length and Presentation:
    You need to submit an Income Statement, Balance Sheet and basic Notes page in pdf format

    Criteria by which your assignment will be marked:

    Feature Weighting
    Produce an Income Statement (P&L) that contains all the revenue and expense items 30%
    Produce a Balance Sheet that contains all the provided Asset, Liability and Equity items 30%
    Notes to the IS and BS: Quality of explanatory text 15%
    Work that has no errors, appropriate layout, clear presentation 15%
    Quality of response, “read me” presentation 10%
    Total 100%


    Assessment 2: Annual Report - Financial Statement Analysis - Group assignment
    Weighting: 25%
    Due Date: Day 7 of Week 7
    Submission Details: Via Drop Box in PDF in LEARN
    Group size: Group sizes are limited to 2 students per group.

    Scope:
    This assignment will assess your understanding of the course topics 5 - 7

    Task:
    Obtain the annual report of a company operating in the same industry as the one you are involved with (although same industry selection is preferable, it is not essential). Company reports of listed companies can usually be obtained from their web site under the heading of "Investor Relations".

    Using the financial reports, you are to undertake an analysis of the cash flow, financial performance and financial position of the company, considering liquidity, gearing, profitability, and operations management. Your focus should be from the perspective of advising a potential investor in the company.

    A separate analysis of the cash flow statement is required. Concentrate in your analysis on the last two reporting years as this is the most current date. However, use five years data to graph major trends where meaningful for your analysis.

    You should consider the performance of the company in the eyes of investors; that is, make recommendations as to the better investment opportunity based on your assessments of the performance of the company. Share performance details can be obtained from the web site of the stock exchange where the company's shares have been listed. Where share price data is used, state the date of the share price you are using and the source of data for the price.

    Good financial analysis would require you to compare and contrast your selected company with a major competitor, or with the industry as a whole.

    You may use any of the techniques and ratios discussed in the course. Comment on the results of your analysis. There is no need to include the financial statements in your report as they are usually available on a web site

    The company to be analysed must be approved by the lecturer before commencing the project (do not select construction companies, banks or insurance companies).

    Length and Presentation:
    Maximum 3,000 words. Please include a word count on the front page of your assignment. Excess words will not be marked.

    Criteria by which your assignment will be marked:

    Feature Weighting
    Liquidity 12%
    Gearing 12%
    Profitability 12%
    Analysis of cash flow statement 10%
    Operations management 12%
    Potential shareholders’ perspective 12%
    Comparison of form and content 10%
    Readability, bibliography, and referencing 10%
    Presentation of report: Executive Summary, Conclusion, Tables, etc. 10%
    Total 100%


    Assessment 3:
    Project Evaluation Assignment
    Weighting: 25%
    Due Date: Day 7 of Week 10
    Submission Details: Via Drop Box in PDF in LEARN

    Scope:
    This assignment will assess your understanding of the course topics 8- 10

    Task:
    You are required to submit a project report that describes and evaluates three project alternatives, using the project evaluation techniques discussed in this course. The project alternatives may be hypothetical. Assume you are writing a proposal to your Board of Directors.

    Your analysis should include brief estimates of projected revenues and costs of productions and use Discounted Cash Flow analysis, using a justified discount rate to give Net Present Values of 3 alternatives of a capital investment project as well as determine the Internal Rate of Return. Description of the project alternatives should be less than 1 page.

    The layout and content should include:

    1. Prepare a clear definition of the objectives of the project and, where practical, this should be related to the current strategies of the organisation.
    2. The formulation of options to achieve the objectives (e.g. set up a manufacturing plant at locations in countries A, B, or C). Three investment alternatives should be compared.
    3. A formulation of the detailed costs and benefits of the options.
    4. Calculate the cost of capital (debt / equity).
    5. Evaluate each option using DCF techniques (use a minimum period of 5 years and justify the discount rate used).
    6. Evaluation of the risks of the project.
    7. Recommendation of the most economic option and discussion of any non-financial factors relevant to your decision.

    The assignment report should be brief and to the point.

    Suggested format for your report:
    To ensure adequate coverage of the topic the following format is suggested for your report:

    • Executive summary
    • Table of contents
    • Introduction (not more than one page for introducing the project)
    • Discussion of options
    • Cost of capital assumptions and calculations (debt/equity costs)
    • Description of the costs and benefits of the project
    • Evaluation of the project – e.g. DCF calculations to give NPV and IRR
    • Evaluation of the risks of the project
    • Recommendations
    • Bibliography

    Length and Presentation:
    Maximum 2,000 words. Please include a word count on the front page of your assignment.
    Excess words will not be marked

    Criteria by which your assignment will be marked:

    Feature Weighting
    Description of project 10%
    Cost and benefits 10%
    Basis for selecting the cost of capital 5%
    Evaluation of project with DCF methods 15%
    Evaluation of risks 20%
    Recommendations 20%
    Readability, bibliography, and referencing 10%
    Presentation of report: Executive Summary, Tables, etc. 10%
    Total 100%


    Assessment 4: Application assignments
    Weighting: 15%
    Due Date: Day 7 of Weeks 2,3,5,6,8
    Submission Details: See relevant weeks in course. Via Drop Box in PDF in LEARN

    Task:
    Complete a 300 to 400 word response to the assignment prompts contained in the course page. The assignment asks you to apply concepts learned in the week to various situations, problems, or work-related deliverables.

    Scope:
    This exercise will assess your knowledge, understanding and application of the relevant material covered.

    Length and Presentation:
    300-400 words.

    Criteria by which your assignment will be marked:

    Feature Weighting
    Demonstrated understanding of and ability to transfer or apply concepts covered in the course to this topic 100%
    Total 100%


    Assessment 5: Discussion participation
    Weighting: 5%
    Due Date: Days 3 – 7 of each week
    Submission Details: Weekly discussion participation in the discussion forums

    Task:
    Respond to the discussion prompts and questions by the due dates outlined in the assignment. You should expect to post an initial response and then follow up responses and inputs to the posts of your classmates and faculty.

    Scope:
    This exercise will assess your knowledge, understanding and application of the relevant material covered. 

    Length and Presentation:
    As is appropriate - at least 200 words.

    Criteria by which your assignment will be marked:

    Feature Weighting
    Demonstrated critical thinking, quality/depth of analysis, including applications in practice in your posting 50%
    Generated substantive (at least 100 words) constructive feedback or meaningful inputs to the discussion (on your posting and classmates’ postings) 25%
    Demonstrated quality of writing and concise language choice 25%
    Total 100%
    Submission

    All text based assignments must be submitted via Drop Box in LEARN

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

    • Assignment Submission: Assignments should be lodged via Drop Box in the LEARN system. Please refer to individual assignment tasks for specific submission details relevant to each task. Note that assignments may be processed via TURNITIN, which is an online plagiarism prevention tool.
    • Cover Sheet: As part of your assignment, please add the completed University of Adelaide Assessment Cover Sheet to your assignment, 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. Where applicable, also include the word count excluding title pages and references.
    • 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 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.
    Course Grading

    Grades for your performance in this course will be awarded in accordance with the following scheme:

    M10 (Coursework Mark Scheme)
    Grade Mark Description
    FNS   Fail No Submission
    F 1-49 Fail
    P 50-64 Pass
    C 65-74 Credit
    D 75-84 Distinction
    HD 85-100 High Distinction
    CN   Continuing
    NFE   No Formal Examination
    RP   Result Pending

    Further details of the grades/results can be obtained from Examinations.

    Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

    Final results for this course will be made available through Access Adelaide.

  • Student Feedback

    The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

    SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.

  • Student Support
  • Policies & Guidelines
  • Fraud Awareness

    Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student’s disciplinary procedures.

The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.