ACG506 Financial Management of Small Business (8)

This subject requires students to investigate and put into practice the key financial skills and abilities needed for the effective financial management of small business. Students will simulate the experience of starting up a small business, sourcing finance and advice, research, marketing and management of a product.

A key learning outcome will be the production of a detailed business plan and a presentation on the concept of the business to specialist audiences. This subject will be of interest to existing or potential small business owners.

Subject availability
Session 3 (90)
Online
Wagga Wagga Campus
Continuing students should consult the SAL for current offering details. Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.
Subject Information
Grading System
HD/FL
Duration
One session
School
School of Accounting and Finance
Subject Relationships
Learning Outcomes
Upon successful completion of this subject, students should:
  • be able to analyse the key characteristics and issues involved in starting and running a small business;
  • be able to evaluate the sources of finance available to a small business, and outline the sources of business advice and assistance;
  • be able to explain the components and application of basic accounting reports, and use accounting reports and tools such as budgeting and cost-volume-profit analysis for decision making;
  • be able to analyse and evaluate accounting reports using financial ratios and trend data that highlight the profitability, liquidity and solvency/gearing of a small business;
  • be able to analyse and synthesise data from many sources to create various reports for a small business and specialist audiences.
Syllabus
The subject will cover the following topics:
  • The nature and types of small business;
  • Defining a small business and its characteristics;
  • Issues to be considered before going into business;
  • Financing a small business;
  • Financial reports and how to use them for decision-making in a small business context;
  • Analysing financial information using key ratios on liquidity, solvency and profitability and other tools such as cost-volume-profit analysis;
  • Budgeting and working capital management;
  • Constructing and executing a business plan.
Contact
Current Students

For any enquiries about subject selection or course structure you will need to contact your Course Director. You can find the name and contact details for your Course Director in your offer letter or contact your School office.

Prospective Students

For further information about Charles Sturt University, or this course offering, please contact info.csu on 1800 334 733 (free call within Australia) or enquire online.

The information contained in the 2017 CSU Handbook was accurate at the date of publication: June 2018. The University reserves the right to vary the information at any time without notice.

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