units

AFP3400

Faculty of Business and Economics

18 September 2017 19 April 2024
Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2013 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

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LevelUndergraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Accounting and Finance
OfferedNot offered in 2013

Synopsis

This unit expands upon the basic accounting and finance concepts introduced to students in AFP1000, with emphasis on the application of those concepts to a range of problems of relevance to the sport industry. On completion, students will have a clear understanding, within a sport industry context, of the application, role, and importance of financial statement preparation and analysis, costing and budgeting principles, sources of finance for sport facilities and events, and the financial aspects of sport facilities management. Emphasis within the unit will be on the utilisation of spreadsheets for analysis, control and budgeting purposes.

Outcomes

The learning goals associated with this unit are to:

  1. understand how costing, budgeting, and accounting systems can be applied in the financial management and operations of sport organisations
  2. apply the concepts of the time value of money, capital structuring, and capital budgeting to problems of relevance to the sport industry
  3. analyse and make recommendations on the financial feasibility of sport events, organisations, and facilities, using a range of problems of relevance to the sport industry
  4. apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with sport finance principles and demonstrate in individual summative assessment tasks the acquisition of a comprehensive understanding of the topics covered in AFP3400.

Assessment

Within semester assessment: 60% Examination (2 hours): 40%

Contact hours

6.5 hours per week

Prerequisites

AFP1000 or AFW1000 or AFF1000