CORPFIN 6009OL - SMSF Best Practice

Online - Semester 2 - 2016

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.

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Course Details

Course Code	CORPFIN 6009OL
Course	SMSF Best Practice
Coordinating Unit	Adelaide Business School
Term	Semester 2
Level	Postgraduate Coursework
Location/s	Online
Units	3
Contact	Up to 3 hours per week
Available for Study Abroad and Exchange
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.

Course Learning Outcomes

Explain how the different SMSF related occupations can contribute to the optimal operation of an SMSF
Intergrate regulatory and legislative requirements into SMSF advice functions
Research, assess and apply best practice methodology to the operation of an SMSF
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)	All
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	All
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	All
Career and leadership readiness technology savvy professional and, where relevant, fully accredited forward thinking and well informed tested and validated by work based experiences	All
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	All

Learning Resources

Required Resources

The Essential SMSF Guide 2015-2016
Author: Tony Negline
Publisher: Thomas Reuters

Recommended Resources

Supplementary reference materials and learning resources can be found by clicking on the Resouces tab buttons located throughout the online course

Online Learning

This course is offered predominataly online with all materials available in your MyUni site
Learning & Teaching Activities

Learning & Teaching Modes

This program will be delivered in an online mode. This means that student-to-lecturer and student-to-student interactions will primarily occur online and the majority of learning resources will be accessed online.

You are expected to participate actively in all discussion, contributing considered, respectful, constructive and relevant responses to questions asked and topics under discussion.

In addition to working through the online topics, you will also need to read, at least, the required reading listed for each topic. These are listed at the beginning of each topic.

Recommended additional readings and resources will be listed by clicking on the Resources button where it occurs in the top right hand corner of the page.

In addition to the "Apply your Knowledge" activities, self-assessment quizzes are available to help you check your progress and idenitfy areas you need to review or revisit in more detail

Workload

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

While your workpace commitments and experience are recognised and valued, it is expected that you will manage your time effectively to meet your study commitments.

In addition to working through all the online topics and learning activities and completing all assessment activities, inclduign the exam, you will need to commit to the equivalent of 12 hours per week for additional study and assessment preparation.

Learning Activities Summary

Week 1: Topic 1 - SMSF History and purpose
Week 2: Topic 2 - Setting up a Fund
Week 3: Topic 3 - Managing Investments
Week 4: Topic 4 - Contributions
Week 5: Topic 5 - SMSF Reporting
Week 6: Assessment item
Week 7: Topic 6 - Benefit Payments
Week 8: Topic 7 - Taxation
Week 9: Topic 8 - Winding up a fund
Week 10: Topic 9 - SMSF Trustee Guidance
Week 11: Focus on revision
Week 12: Assessment

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

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

Assessment Summary

Assessment Tasks
Type	When Assessed	Weighting	Learning Outcomes assessed
Critical Analysis essay Contribute to a criticial review of REP337 SMSFs: Impriving the quality of advice givent to investors 1,000 words +/- 10%	Week 6	35%	1,3, 4
Quizzes Multiple choice SMSF technical questions focussing on the operation of SMSF	Weeks 4,5,7, 8 & 9	10% (2% each)	2,3
Examination Short and long answer questions 1 hour examination	Week 12	55%	1,2,3

Assessment Detail

No information currently available.

Submission

No information currently available.

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
This section contains links to relevant assessment-related policies and guidelines - all university policies.
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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Authorised by:	Deputy Vice-Chancellor and Vice-President (Academic)
Maintained by:	Course Outlines Administrator