CORPFIN 6009OL - SMSF Best Practice
Online - Semester 2 - 2021
General Course Information
Course Code CORPFIN 6009OL Course SMSF Best Practice Coordinating Unit International Centre for Financial Services Term Semester 2 Level Postgraduate Coursework Location/s Online Units 3 Contact Up to 3 hours per week Available for Study Abroad and Exchange Course Description 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.
Course StaffPeter Hogan
The full timetable of all activities for this course can be accessed from Course Planner.
Course Learning OutcomesOn successful completion of this course, students will be able to:
- 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
Required ResourcesNegline, T 2020, The Essential SMSF Guide 2020-2021, Thomson Reuters, Pyrmont, NSW
Recommended ResourcesSupplementary reference materials and learning resources are provided on MyUni.
Online LearningThis course is offered predominataly online with all materials available in your MyUni site
Learning & Teaching Activities
Learning & Teaching ModesThis is an online course, students are expected to undertake the weekly topics as per the Activity Planners.
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 by the due date provided on the Activity Planner.
Students are required to complete 1 assignment and weekly quizzes for this course plus set aside time to study for the exam.
Learning Activities SummaryTopic 1 - SMSF Fund History
Topic 2 - Barriers to entry, Suitability and 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
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 Tasks Due Weighting Learning Outcomes Assignment Week 6 35% 1,3, 4 Quizzes Weeks 4,5,7,8 & 9 10% (2% each) 2,3 Online Examination Week 13 55% 1,2,3
Assessment DetailWeekly Quizzes
There are 5 weekly quizzes in total each consisting of 4 or 5 questions. The quizzes represents 10% of the final grade.
Critical review essay - students are requried to submit a critical review essay on a specific scenario.
This is an individual assignment due in Week 6 and presents 35% of the final grade.
The overall word limit is 1000 +/- 10% and submitted via Turnitin on the course site.
The exam consists of multiple choice, multiple answer, True/False, Yes/No and short answer questions representing 55% of the final grade.
SubmissionWeekly Quizzes must be completed on MyUni.
Assignment must be submitted via Turnitin by the due date. 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
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.
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