ACC302: Advanced Accounting- Report Writing Assignment

Internal Code: MAS27

Report Writing Assignment:

This Assessment Is Designed To Allow Students To Demonstrate A Higher Level Of Understanding Of Accounting Standards And Theoretical And Philosophical Approaches, As They Apply To The Resolution Of More Complex Accounting Problems. This Assessment Relates To Learning Outcomes A, B And C. Value: 20% Due Date: 8.00pm Friday Of Week 6. Topic: Making Sense Of Company Executives’ Compensation And Employee Benefits Through The Lens Of Cultural Effects. How The Conceptual Framework Revision To Include Prudence Is Likely To Address The Disparity In Corporate Reporting. Task Details: Download The Latest Annual Report Of Any Two Listed Companies. Annual Reports Are Available On The Company Website Or ASX Website. Analyse Annual Reports Of Your Chosen Companies In Light Of The Reporting Requirements Imposed On Accountants And Those Charged With Governance Of Corporations. Your Analysis Should Include The Following: 1. Are The Annual Reports In Compliance With The Conceptual Framework And AASB Standard Requirements? 2. You Need To Use Extracts From The Annual Reports To Support Your Analysis. ? Provide Screen Shots Of The Relevant Sections From The Reports In Your Assignment. 3. If They Are Not In Compliance, Explain The Reason. 4. How The Conceptual Framework Revision To Include Prudence Is Likely To Address The Disparity In Corporate Reporting 5. You May Find The Explanations In The Notes To The Financial Statements Or In The Director’s Report. 6. Compare And Contrast The Two Annual Reports, Identify The Differences In Disclosures Of These Corporations. 7. Reference To Material Of Advanced Accounting And A Critical Analysis Of The Annual Reports Is Required. Students Are To Critically Analyse And Develop Supported Recommendations And Conclusions, In Reference To The Relevant Accounting Framework (See Topics 1-5). The Analysis And Supported Recommendations Need To Be Formatted Into A Professional Report As Would Be Expected In A Modern Organisation By Management And Clients. Research Students Need To Support Their Analysis And Recommendations With The Text And Requirements: Minimum Of 10 Recent And Relevant Academic Journal Articles. Other Sources May Also Be Used But Students Need To Be  Confident Of The Academic Validity Of Such Sources. ACC302 ACC302 ADVANCED ACCOUNTING T315 GH 29 OCT 2015 Page 8 Of 12 *AUSTRALIAN INSTITUTE OF BUSINESS AND MANAGEMENT PTY LTD ABN: 72 132 629 979 CRICOS 03171A Presentation: Report – 2000 +10% Word Report The Word Count Excludes The Cover Sheet, Contents Page, References, Appendices, And Illustrations (E.G. Diagrams, Graphs And Tables). Students Need To Stay Within The Assigned Word Limits, And Indicate The Word Count On The Cover Page Of The Assignment. Marks Will Be Reduced For Assignments Shorter Than Or Greater Than The Minimum Word Count. 1. The Report Should Be Typed Double Spaced, Using Times New Roman Font Size Of Either 10 Point Or 12 Point. 2. Every Page Should Be Clearly Numbered. ? The Assignment Should Include The Following Parts: (A) A Title / Cover Page, Which Indicates Basic Information Such As Subject Title, Subject Code, Trimester Number, Assignment Title, Group Members’ Full Names And KOI Student Numbers, Word Count And Name Of The Tutor; (B) Executive Summary; (C) Table Of Contents; (D) Main Contents – Introduction, Analysis Using Suitable Headings And Subheadings, Conclusions And Recommendations, Appendices (If Any); (E) References (Using Harvard – Anglia Style); And/Or (F) Attachments. Marking Guide: Analysis 30% Research – Extent And Application 30% Recommendations/Conclusions 20% Presentation 20% This Mark Will Be Scaled To A Mark Out Of 20 Subject Marks. Assessment 2 Assessment Type: Group Report And Presentation – Combined Group And Individual Assessment Task. As Learning Outcome D) Stipulates Teamwork, This Assessment Must Be Done In Groups Of 4 Students Per Group As Advised By Your Tutor. Students Are Not Permitted To Refuse Being Part Of A Group. Purpose: This Assessment Is Designed To Allow Students To Research And Analyse Current Social Issues In Accounting And Evaluate Their Impact On Various Stakeholders. As A Group Assessment, It Further Develops Students’ Team Working Skills. This Assessment Relates To Learning Outcomes A, B, C And D. Value: Total Value Is 30% Made Up Of 20% Group Marks For Report Plus 10% Individual Marks For Presentation. This Assignment Marks Will Be Scaled To A Mark Out Of 30 Total Subject Marks. Due Date: 8.00pm Friday Of Week 10 – ONE COPY OF THE GROUP REPORT ONLY PER GROUP Uploaded To Moodle Link And Turnitin. Presentations Will Be In Tutorial Classes Weeks 10 – 12 As Allocated By Week 5. You Need To Book Your Presentation Times With Your Tutors. Make Sure You Book In Early To Avoid Disappointment. Submission - Report: ONLY ONE Student From Each Group Must Upload The Group Report Submission To The Turnitin Assignment Link On The KOI Moodle Subject Home Page No Later Than 8.00 Pm Monday Of Week 10. This Is The Submission Due Date And Time. A Printed Copy Should Also Be Handed To The Tutor During That Week’s Tutorial To Assist With Marking. All Submissions Must Be Accompanied By A Signed KOI Group Assignment Coversheet ACC302 ACC302 ADVANCED ACCOUNTING T315 GH 29 OCT 2015 Page 9 Of 12 *AUSTRALIAN INSTITUTE OF BUSINESS AND MANAGEMENT PTY LTD ABN: 72 132 629 979 CRICOS 03171A Submission – Presentation: One Student From Each Group Must Upload Copy Of The Group Presentation Materials To Computer Storage As Directed By The Lecturer No Later Than 8.00 Pm Monday Of Week 10. A Retrievable And Reusable Electronic Copy Of The Presentation Material Must Be Provided In A Format To Allow For The Tutor And Lecturer To Review The Presentation At A Later Date. All Submissions Must Be Accompanied By A Signed KOI Group Assignment Coversheet Topic: Social Accountability In Accounting Task Details: Groups Are To Research One Specific Issue Of Their Choice Relating To Accounting Related Social Accountability (Topic 8, Chapter 9) That Is Prominent In Today’s Australian Business Environment. As A Result Of Their Research Groups Need To Develop A Presentation Detailing The Issue, Including Examples, And Explaining The Implications For Various Stakeholders. The Presentation Should Conclude With Supported Specific Recommendations As To How Organisations And Their Accounting Advisors Should Proceed In Light Of The Analysis. Research Groups Need To Support Their Analysis And Recommendations With A Minimum Of Requirements: 5 Recent And Relevant Academic Journal Articles. Other Sources May Also Be Used But Groups Need To Be Confident Of The Academic Validity Of Such Sources. Presentation: 15 Minutes Presentation Per Group. Each Member Of The Group Must Present At Least 2 Minutes Of The Total Presentation Followed By 5 A Minutes Question And Answer Session From The Audience. Marking Guide - Report: Analysis 30% Research – Extent And Application 30% Recommendations/Conclusions 20% Presentation 20% This Mark Will Be Scaled To A Mark Out Of 20 Subject Marks. Marking Guide – Presentation: 10% The Presentation Will Carry An Individual Mark That Will Be Scaled To A Mark Out Of 10 Subject Marks. Assessment 3 Assessment Type: Final Exam – Individual Assessment Purpose: The Purpose Of The Final Examination Is To Test Your Understanding Of Course Concepts And Your Ability To Apply These Concepts. The Examination May Cover Materials Used In Tutorials, Class Discussions And/Or From The Readings This Assessment Contributes Specifically To Learning Outcomes A, B And C. Value: 50% Due Date: The Final Exam Will Be Held In The Official KOI Exam Period In Week 14 Of The Trimester. The Specific Date And Time Will Be Posted Towards The End Of The Trimester. Topic: The Examination May Cover Content From Any Part Of The Entire Subject. Task Details: The Exam Will Require Students To Critically Evaluate Financial Accounting Information And Standards, Demonstrating Technical Accounting Skills To Prepare Comprehensive Accounts For Given Sets Of Real World Circumstances.