ACC566: Accounting Systems and Processes-Business Report Writing Assignment

Internal Code: MAS7268

Business Report Writing Assignment:

Task: Provide APA references for each question and provide a Bibliography/ Reading List of ALL references at the end of your assignment. Q1 Plagiarism Reference Internet sources to define plagiarism. Is collusion on assignments plagiarism? Why is plagiarism/collusion unfair to honest students? Q2 Pasting spreadsheets in doc files Use Greenshot getgreenshot.org/ (http://getgreenshot.org/) to copy and paste in a Word file, a simple normal view AND formula view of a spreadsheet showing row and column headings. Describe ONE other method to paste a spreadsheet in a Word file. Refer to the Spreadsheet Advice PDF for examples. Q3 Accounting resources on the Internet List six web sites relevant to accounting together with their URLs. Explain how is each relevant to accounting. Q4 Professional accounting bodies Find online one Australian professional accounting organisation. Describe a resource within this website (apart from ABC Learning), potentially relevant to your study of accounting. Explain why you chose this resource. Q5 Work Integrated Assessment. Describe the computing environment in your current or previous workplace or home office; equipment, software, processes etc. Or answer this question in relation to a possible future workplace position. The above five questions are designed to assess your ability to use and evaluate digital resources for accounting and can be answered from any source including the computer sections of magazines and newspapers or by access to the Internet. When using the Internet include the URL reference. Q6 ABC Learning and ethics - ABC Learning Case Study Watch the six CPA ABC Learning movies. www.cpaaustralia.com.au/professional-resources/education/abc-learning-collapse-case-study (https://www.cpaaustralia.com.au/professional-resources/education/abc-learning-collapse-case-study) Or www.youtube.com/watch (https://www.youtube.com/watch?v=YYF6JW9vJKo&list=PL12C0ADD577F6B741) Prepare a business report covering the following 1. What did you learn from watching these videos? 2. What are the major financial reports? What is the purpose of each? 3. Identify 3 ethical issues from the case study. Q7 PALER Spreadsheet - check the assignment and spreadsheet requirements. A. Explain P A L E R. Refer to the Topic notes. B. Create a manual, handwritten solution. Scan or use your phone to copy and paste an image of your handwritten solution in your word file. If using a smart phone, consider using a free scanning app such as Camscanner, Office Lens or Google Drive or search for an app. Let us know which method you chose. We ask for a handwritten solution because this is the method you will use in the final exam. In the meantime, we want you to acquire spreadsheeting skills. C. Create a spreadsheet solution. Check the spreadsheet requirements in the Subject Outline. Q8 Balance Sheet Equation A. Create a manual, handwritten solution. Scan or use your phone to copy and paste an image in your assignment. If using a smart phone, consider using a free scanning app such as Camscanner, Office Lens or Google Drive or search for an app. Let us know which method you chose. B. Spreadsheet required. Note: Interact2 resources including the Spreadsheet Advice PDF and the worksheet video may assist in completing this assignment question. In this case, the Report section will look just like the data section but will contain only formulas. In some cases, the cells in the report will be, for example =D8. The yellow highlighted cells will contain the answers. C. For each number calculated, briefly explain how you derived the answer. Q9 Debit and credit balances List four accounts with normal debit balances. List four accounts with normal credit balances. Q10 Trial balance A. Create a manual, handwritten solution. Scan or use your phone to copy and paste an image in your assignment. If using a smart phone, consider using a free scanning app such as Camscanner, Office Lens or Google Drive or search for an app. Let us know which method you chose. B. Create a spreadsheet solution. Paste normal and formula views. C. Change 3 numbers such that the trial balance still balances. Paste this new normal view. There should be no need to paste a new formula view. Ensure that you choose the 3 changes yourself. Highlight the data changes with the yellow highlighter in Excel. Note that Interact2 resources including the Spreadsheet Advice PDF and the Foot worksheet video may assist in completing this assignment. Q11 CrosswordSee page 92 and 93 of your text. Create your own simple crossword using at least 5 accounting terms and clues. Use the words Debit and Credit plus choose 3 more terms. Hint: there are free crossword creation apps online. Make two copies of your crossword - one blank and one completed. Q12 Types of adjusting entries List four types of period end adjusting entries and give journal entries examples of each. Q13 Current and non-current liabilities Distinguish between current and non-current liabilities. Give two examples of each. Q14 Ratios Explain the current ratio. Create your own numerical example. Q15 Worksheet and financial reports Note that Interact2 resources including the Spreadsheet Advice PDF and the Foot worksheet video may assist in completing this assignment. A. Create a manual, handwritten solution. Scan or use your phone to copy and paste an image in your assignment. If using a smart phone, consider using a free scanning app such as Camscanner, Office Lens or Google Drive or search for an app. Let us know which app you chose. B. Spreadsheet. Add a ten column worksheet beneath the following data. Below that report, create three financial reports - the Income Statement, the Statement of Owner's Equity and the Balance Sheet. Paste the normal and formula view. C. In a second version, make three changes to the data such that a loss is reported. Paste the second normal view.