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Department of Accounting and Finance1. The departmentFollowing the merger of Monash University, Chisholm Institute and the Gippsland Institute of Advanced Education, a new Faculty of Business and Economics was formed in 1993. The faculty now offers undergraduate and postgraduate courses on five campuses in Victoria - Caulfield, Clayton, Gippsland, Peninsula and Berwick -- as well as overseas. The Faculty of Business and Economics operates as six departments: Accounting and Finance; Business Law and Taxation; Econometrics and Business Statistics; Economics; Management; Marketing. The faculty has over 12,200 students, including approximately 1,800 postgraduates. There are 376 academic staff in the faculty. The Department of Accounting and Finance offers both undergraduate and postgraduate courses on the Berwick, Clayton, Caulfield, Gippsland and Peninsula campuses. The Department in 2002 had a teaching load of approximately 2,800 EFTSU students, of whom over 500 are postgraduate, and a teaching staff of 100. The principal areas of research of the department are accounting, accounting information systems, Asian capital markets, banking, corporate finance, derivative securities, family business, financial accounting, financial institutions and markets, financial reporting and auditing, institutional treasury operations, investment management, management accounting, and regulatory policy Research centres of the department include: Centre for Research in Accounting and Finance - provides access to a high quality research facility and thereby to promote and facilitate research into any aspect of accounting, finance and related disciplines. David Syme Treasury Dealing Centre - enhances research in banking and finance, especially in the treasury related area Australian Banking Research Unit - a link between the department and the finance sector which performs applied research in partnership with industry and conducts short courses and conferences on significant issues. Australasian Risk Management Unit - formed by a partnership between Monash University and The Association of Risk and Insurance Managers of Australasia Ltd. The unit exists to foster and deliver high quality risk management education and research, interact with industry in the provision of training, and develop constructive linkages with other educational bodies to further risk management education nationally and internationally. More information about:
2. General policy statementThe Collection Development Policy covers printed books and journals, electronic resources, multimedia and any other formats acquired for the Library's collection. The Policy is regularly monitored to ensure that the selection and acquisition of new resources supports the teaching and research needs of the faculties and their departments. While every effort is made to meet known information needs some gaps in the collection may develop which need attention, and suggestions to address them are welcome. This may be done through liaison with library staff or, for individual titles, using the recommendation form at lib.monash.edu.au/forms/acquisition-request.doc To ensure that the library provides collection materials to support new courses and subjects, completion of a Library Impact Statement lib.monash.edu.au/forms/impact.doc is required. When establishing new research directions staff are encouraged to liaise with the library about the provision of supporting information resources. All titles listed as prescribed or recommended reading for teaching subjects are acquired as high priority and in multiple copies depending on student enrolment numbers. This is particularly necessary for undergraduate students, who need access to adequate resources on their home campus. Electronic versions of these texts are also provided where possible, so that access is more readily available regardless of location and number of copies held. The inter-campus loan and photocopy services for undergraduates further support the needs of those students. However, the library cannot acquire every item that could conceivably be needed by Monash staff or students. The reciprocal borrowing scheme enables Monash library users to borrow from other university libraries. Post-graduates and staff may also use the document delivery service to obtain books and articles from other libraries in Australia and overseas. 3. The library's collectiona. LocationCollections to support this area are located on all campuses, with that on the Peninsula campus being broadened to accommodate the greater number of units now being taught on this campus. b. LanguageGenerally only material in the English language is acquired. c. Classification usedMaterial acquired for the Department of Accounting and Finance is classified using the Dewey Decimal Classification. d. Formats collectedNo format is excluded, although in practice the majority of the collection is monographs or serials, both print and electronic. e. Size of the collectionNumber of print serial titles received : Over 400 titles are received, with the majority held in the Matheson and Caulfield libraries. f. Significant electronic resourcesThe library is purchasing increased numbers of resources in electronic format, including networked or internet databases, fulltext resources, including suites of electronic journals. Access to the majority of these resources is available across all branches and remotely. As a result, an increasing proportion of the budget for library material for the Faculty of Business and Economics is spent on these resources. These include Indexing and abstracting services
Fulltext databases / electronic journal suites
Subject gateways
g. Coverage of the collectionThe library resources acquired for the department cover in general all areas of the Dewey Decimal Classification in 332, financial economics, 657, accounting, and 658.15, financial management. The main areas of collecting for the Department of Accounting and Finance are detailed below
Clayton (Matheson Library) - The Matheson collection comprises resources for teaching and learning across the accounting and finance sub-disciplines. Research collections are held in financial economics; 657 accounting; and 658.15 financial management Caulfield - Caulfield offers an extensive collection, focusing on undergraduate and postgraduate teaching across all areas of accounting and finance. At Caulfield particular emphasis is being placed on expanding the collections and access to resources to meet the teaching and research needs of a rapidly expanding Caulfield enrolment. The Caulfield collection has a particular emphasis on teaching and research in finance and financial economics, especially in relation to Australia, Asia and the Pacific. Relevant research resources accessible only at Caulfield include: International Financial Statistics (CD-ROM); World Banking Abstracts; and annual reports from selected Asian and Pacific banks. The accounting collection also includes research monographs. The collection is estimated at 12,000 volumes. The Caulfield Reference collection includes a strong focus on company and industry information (both local and overseas). The Caulfield print journal collection, in conjunction with an extensive range of electronic journals, indexes and databases, supports both teaching and research in accounting and finance. These Internet-accessible services enable access to research resources independently of the researcher's physical location, both on and off the campuses. Peninsula and Berwick - The Peninsula and Berwick collections focus primarily on the teaching and learning requirements of undergraduate subjects in accounting, auditing and finance. The Peninsula collection is estimated at 3,500 volumes. At Berwick active collection building and significant expansion of the original collection has been undertaken since the start of 1999 when substantial additional space became available. Gippsland - The Gippsland library collection supports all accounting and finance subjects taught on the campus. The collection has particular strengths in the areas of general accounting, banking and investment, financial reporting, auditing, financial management, small business and managerial accounting. The collection is estimated at 4000 volumes. Future collection developmentIn line with growing postgraduate student numbers emphasis is being placed on developing research collections and access to research resources including on-line access to the widest possible range of quality academic journals. The library will also expand it's electronic monograph collection as suitable material becomes available in order to support enhanced access. Peninsula and Berwick and Gippsland - The Peninsula and Berwick collections will be developed principally in accordance with the needs of the Bachelor of Business and Commerce courses offered there. 4. Other significant Monash collections or resourcesMicroform collection:
Donald Cochrane Library: located on the 7th floor of the Menzies building in Clayton, this is an independent library staffed and funded with the resources of the Faculty of Business and Economics. Caters for postgraduate and honours students and staff of the Faculty of Business and Economics only. Their collection strengths include business journals, Faculty theses (where received), annual reports and working papers from Australian and international universities obtained on a gratis basis. Collections Table(T = teaching level, R = research level)
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