CORPFIN 6011 - SMSF Strategic Advice

North Terrace Campus - Semester 1 - 2017

This subject is an exploration of complex strategies that can be utilised by an SMSF within various stages of its lifecycle. In particular, students will conduct an in-depth examination of the use of the available sophisticated financial instruments to assist with fund goals and objectives being met. As one of three core subjects in this qualification, students will further develop their critical thinking, problem solving, written and professional communication skills. Importantly, students will be expected to formulate a plan for their future professional development as a specialist SMSF adviser.

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Course Details

Course Code	CORPFIN 6011
Course	SMSF Strategic Advice
Coordinating Unit	Adelaide Business School
Term	Semester 1
Level	Postgraduate Coursework
Location/s	North Terrace Campus
Units	3
Contact	Up to 3 hours per week
Available for Study Abroad and Exchange	N
Prerequisites	SMSF Best Practice and Understanding SMSF Trustees ? CORPFIN 6009 & CORPFIN 6010
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 Learning Outcomes

On successful completion of this course, students will be able to:

1. Execute the operations of a SMSF throughout various lifecycles
2. Investigate, identify and interpret psychology and economic factors that contribute to a SMSF trustees actions
3. Analyse and interpret how specific SMSF behavious affect theSMSF fund investment strategy
4. Provide specialised technical advice and solutions to SMSF tructees and related parties
5. Demonstrate effective communication skills to convey complex technical advice to different audiences

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)	1-5
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	2 & 3
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	4 & 5
Career and leadership readiness technology savvy professional and, where relevant, fully accredited forward thinking and well informed tested and validated by work based experiences	1-5
Intercultural and ethical competency adept at operating in other cultures comfortable with different nationalities and social contexts able to determine and contribute to desirable social outcomes demonstrated by study abroad or with an understanding of indigenous knowledges	5
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	2, 3 & 5

Learning Resources

Required Resources

Australian Master Superannuation guide 2015/16, 19th edition
Authors: J Leow, S Murphy and CCH Australia Limied
Publisher: CCH Australia

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 access and viewed online.
Learning & Teaching Activities

Learning & Teaching Modes

This is an online course, students are expected to undertake the weekly topics as per the Activity Planner.

Workload

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 assignment and weekly quizzes for this course as well as set aside time to 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 - Identifying SMSF strategic advice opportunities
Topic 2 - Limited recourse borrowing arrangements
Topic 3 - Alternatives to gearing
Topic 4 - Insurance inside versus outside an SMSF
Topic 5 - Investment strategies in an SMSF
Topic 6 - Small business CGT relief
Topic 7 - SMSF estate Planning
Topic 8 - Pensions
Topic 9 - Personal succession

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	Due	Weighting	Learning Outcomes
Critical Review essay	Week 6	30%	1,2,3
Quizzes	Week 3,5,7,9	20%	4
Exam	Week 12	50%	All

Assessment Detail

Critical review essay
This is an individual assignment due in Week 6 representing 30% of the final grade

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.

Quizzes
In weeks 3,5,7 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 5% of the final grade.

Examination
An exam consisting of long and short answer questions representing 50% of the final grade is scheduled for Week 12.

Submission

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
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 .

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鈥檚 disciplinary procedures.

The 成人大片 is committed to regular reviews of the courses and programs it offers to students. The 成人大片 therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.

Authorised by:	Deputy Vice-Chancellor and Vice-President (Academic)
Maintained by:	Course Outlines Administrator

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