MAA250 - Ethics for Financial Professionals

Unit details

Year:

2024 unit information

Enrolment modes:Trimester 2: Burwood (Melbourne), Waterfront (Geelong), Online
Trimester 3: Burwood (Melbourne), Online
Credit point(s):1
EFTSL value:0.125
Previously coded as:MAA350
Unit Chair:Trimester 2: Peter Ngigi
Trimester 3: Kerui Zhai
Prerequisite:

MAA103, MAF101

Corequisite:Nil
Incompatible with: MAA350
Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

This will include educator guided online learning activities within the unit site.

Educator-facilitated (scheduled) learning activities - on-campus unit enrolment:

1 x 3 hour on-campus seminar each week.

Educator-facilitated (scheduled) learning activities - online unit enrolment:

1 x 3 hour online seminar (recordings provided) each week.

Note:

From Trimester 2 2019: students who complete this unit will meet the new accreditation requirements of the Financial Standards Authority (FAS). 

Content

As a requirement of International Education Standard 4 released by the International Federation of Accountants, and as a requirement of education standards provided by the Financial Adviser Standards (FAS), the unit develops students' appreciation of ethics and their ability to evaluate and apply ethical principles in the decision-making process in accounting, financial planning and finance. Topics covered include: the nature of ethics; personal and organisational ethical factors; ethical theories and principles applicable to finance professionals; ethical decision-making models; ethical issues and conflicts of interest in the financial services industry; professional codes of ethics (FAS and APES110) and workplace ethics; corporate social responsibility; whistleblowing and corruption; ethics in digital economy, and principles of corporate governance.

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1

Apply ethical theories, principles and decision-making models in arriving at reasoned and responsible judgements for professional ethical issues in accounting, financial and corporate settings.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

ULO2

Apply relevant codes of ethics for accounting/financial professionals in the local and global contexts.

GLO1: Discipline-specific knowledge and capabilities
GLO8: Global citizenship

ULO3

Articulate an individual ethical stance for career readiness in responding to ethical issues as an accounting/financial professional.

GLO2: Communication
GLO6: Self-management

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week

Assessment 1: (Individual) Interview (Recorded)

10 minutes 20% Week 4

Assessment 2: 
Part A: (Group of 3) Report (Business)
Part B: (Individual) Reflection (self)

Part A: 2500 words
Part B: 500 words

Part A: 30%
Part B: 10%

Week 8
End-of-unit assessment task: Written  2 hours  40%

End-of-unit assessment period

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MAA250 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.

Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.

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