CORPFIN 6009 - SMSF Best Practice

North Terrace Campus - Semester 2 - 2017

This subject will provide students with an underpinning in the concepts and theories of SMSF operations. Students will consolidate their existing knowledge and skills base and extend this into complex SMSF scenarios. Students will study and evaluate complex financial retirement scenarios to identify best practice methods of SMSF operations As one of three core subjects in this qualification, students will also be given the opportunity to develop their critical thinking, problem solving and communication skills. Successful completion of this subject means a student can apply for SMSF Practitioner (SSPTM) accreditation with the SMSF Association.

  • General Course Information
    Course Details
    Course Code CORPFIN 6009
    Course SMSF Best Practice
    Coordinating Unit Adelaide Business School
    Term Semester 2
    Level Postgraduate Coursework
    Location/s North Terrace Campus
    Units 3
    Contact Up to 3 hours per week
    Available for Study Abroad and Exchange N
    Assessment Exam/assignments/case studies as prescribed at first session
    Course Staff

    Course Coordinator: Mrs Tania Turner

    Course Timetable

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

  • Learning Outcomes
    Course Learning Outcomes
    On successful completion of this course, students will be able to:
    1. Explain how the different SMSF related occupations can contribute to the optimal operation of an SMSF
    2. Intergrate regulatory and legislative requirements into SMSF advice functions
    3. Research, assess and apply best practice methodology to the operation of an SMSF
    4. Research and evaluate the suitability of an SMSF investment strategy based on the individual circumstances presented

    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)
    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
    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
    Career and leadership readiness
    • technology savvy
    • professional and, where relevant, fully accredited
    • forward thinking and well informed
    • tested and validated by work based experiences
    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
  • Learning Resources
    Required Resources
    The Essential SMSF Guide 2015-2016
    Author: Tony Negline
    Publisher: Thomson Reuters
    Recommended Resources
    Supplementary reference materials and learning resources are provided within the course online site
    Online Learning
    This course is delivered pre-dominantly online via the MyUni site.

    Weekly topics and assessment must be accessed and viewed online.
  • Learning & Teaching Activities
    Learning & Teaching Modes
    This is an online course so students are expected to undertake the weekly topics as per the Activity Planner.


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

    Students should expect to work through a topic per week including any quizzes by the date provided on the Activity Planner.

    Students are required to complete 1 critical review essay and 5 topic quizzes for this course as well as set aside time for study for the exam.

    The University expects full-time students (ie those taking 12 units per semester) to devote a total of 48 hours per week to their studies. This means you are expected to commit approximately 12 hours for a three-unit course of private study outside your regular classes.
    Learning Activities Summary
    Topic 1 - SMSF History
    Topic 2 - Setting up a Fund
    Topic 3 - Managing Investments
    Topic 4 - Contributions
    Topic 5 - SMSF reporting
    Topic 6 - Benefit payments
    Topic 7 - Taxation
    Topic 8 - Winding up a fund
    Topic 9 - SMSF Trustee Guidance
  • 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
    Assessment Due  Weighting Learning outcome
    Critical analysis essay Week 6 35% 1,3,4
    Quizzes Weeks 4,5,7,8,9 10% 2,3
    Exam Week 12 55% All
    Assessment Detail
    Critical review essay
    This is an individual assignment due in Week 6.

    Students are required to write a critical review essay on an industry report.  The assignment requires students to investigate and evaluate the report.

    The review needs to be 1000 +/- 10% in word length and submitted via Turnitin on the course site.

    In weeks 4,5,7,8 and 9 quizzes are provided at the end of the topic material and require students to apply their knowledge to what they have just learnt.  Each quiz contains 5 multiple choice questions.  Students will receive their mark at completion of the quiz.  Each quiz represents 2% of the final grade.

    On online exam consisting of short answer and multipl choice questions representing 55% of the final grade scheduled in Week 12.
    Critical Review Essay
    Assignment must be submitted via Turnitin by the due date.

    The review needs to be 1000 +/- 10% in word length.  A penalty of 5% for every 100 words outside this limit will apply

    Assignments submitted after the due date will need to be emailed to the Program co-ordinator and will be penalised 5% for each day it is overdue.

    Quizzes must be completed as part of the weekly topic they apply to.  Grades are provided to students at completion of the quiz

    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 ( 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.

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