Analyse and discuss the costs and benefits for firms

Assignment Help Managerial Accounting
Reference no: EM131177126 , Length: word count:2500

Assignment: Download BHP Billiton Ltd 2015 annual financial report from the company website.

Task 1 (GLO 1, GLO 2 and GLO8)

  • Review and assess related party transaction disclosure provided by BHP Billiton Ltd in its annual report. Evaluate how important for (potential) investors to receive/understand information about related party disclosure in order to properly assess the performance of BHP Billiton.
  • Analyse and discuss the costs and benefits for firms disclosing related party transaction disclosure in the context of stakeholder theory, positive accounting theory, legitimize theory, and institutional theory and/or other relevant theories (whichever theory/theories you consider relevant for the analysis. You are not expected to cover all theories, but at least one theory and maximum two theories should be discussed and analysed).

Your arguments for tasks 1 have to be supported by relevant academic refereed articles (at least 6). You should provide evidence that you have carefully examined the literature, understand it, and have been able to summarise its essential content by integrating these articles into your own arguments and perspective.

The task 1 is to be completed as a Group assignment (maximum 3 people per group).The number of words is 2,500 excluding the reference list, appendices and the cover page. The actual word count must be stated on the cover page of the assignment. A deduction of 2 marks from marks allocated to this assignment will apply if the number of words is 1 under by more than 10% of 2,500 words or over by more than 20% of 2,500 words. Word limits allow the student to structure the assignment to allow for the preparation of an informative yet succinct report.

Task 2 (GLO 7)

All team members must complete Peer assessment form and submit this document in the individual dropbox (NOT IN THE GROUP ASSIGNMENT DROPBOX) before the deadline of assignment submission. As a team member you will evaluate your other team members' contribution to complete this assignment. Peer assessment statement form can be accessed under "Assessment 1' resource folder. In a very rare case where a student completes Task 1 as an individual assignment, the student will automatically get zero on task 2. In some cases where not all team members submit the peer assessment form, the team member who has not submitted the assessment form will attract zero on this task. This task will carry 10% of the total assignment marks. Please note it is an individual task.

Task 3 (GLO 6)

Write around 500 words reflecting on what you have learnt about yourself as a team member. Reflect on your strengths and your weaknesses as a member of your team. Also provide list of actions that you will take next time to improve your team work skill. All team member should submit separate document in the individual dropbox (NOT IN THE GROUP ASSIGNMENT DROPBOX). Self-assessment statement form can be accessed from Cloud under "Assessment 1' resource folder. This task will carry 10% of the total assignment marks. Please note it is an individual task.

This total mark of the assignment (including task1, task2 and task3) is 100, and converted into 30% of the final grade in this unit.

Unit Learning Outcomes assessed:

  • Explain, evaluate and apply a range of advanced accounting theories and standards.
  • Identify, define and integrate to construct explanations that can inform solutions to relevant accounting issues.
  • Reflect and critically examine personal actions and responsibilities for applying and learning theories and standards in accounting principles and practice.
  • Work with others effectively and provide constructive feedback that is supportive and promotes improvement in understanding of advanced accounting principles and practice.
  • Critically analyse and discuss concepts surrounding corporate ethical and social responsibilities within the global. 2

Graduate Learning Outcomes assessed:

  • GLO1: Discipline-specific knowledge and capabilities.
  • GLO 2: Communication
  • GLO6: Self-management.
  • GLO7:Teamwork
  • GLO8: Global citizenship.

Reference no: EM131177126

Questions Cloud

Discuss the impact of the markets expectations : What should be the hedge ratio in the use of gasoline futures to hedge its exposure - what is the company's exposure measured in gallons of Liquid X?
Transportation system benefit or hurt the economy : How does the transportation system benefit or hurt the economy? Given limited transportation investment dollars, how do we really know the extent to which a transportation project will benefit the economy?
Construct a circuit for a full subtractor using and gates : Construct a circuit for a full subtractor using AND gates, OR gates, and inverters. A full subtractor has two bits and a borrow as input, and produces as output a difference bit and a borrow.
Find the difference of two four-bit integers : Use the circuits from Exercises 10 and 11 to find the difference of two four-bit integers, where the first integer is greater than the second integer.
Analyse and discuss the costs and benefits for firms : Analyse and discuss the costs and benefits for firms disclosing related party transaction disclosure in the context of stakeholder theory, positive accounting theory, legitimize theory, and institutional theory and/or other relevant theories (whichev..
Analyze whether or not the color-blind perspective : Propose at least three techniques in which the color blind perspective can be applied to classrooms so that the front-stage / back-stage difference in racial interactions may be eliminated.
Effectiveness of switching from perfectly to imperfectly : A company has price of 384.48 with 22502 units when calculating QS=QD. When MR=MC it is 595 and 13535. How can the effectiveness of switching from perfectly to imperfectly competitive markets be assessed? Which one is better in this case?
Circuit that computes the product of the two bit integer : When NAND or NOR gates are used to represent circuits, no other types of gates are needed. The notation for these gates is as follows:
Find the minimized boolean function : Construct a truth table and find the minimized Boolean function to implement the logic telling the CSU staff when to approve. Draw a circuit diagram for the Boolean function.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  How would the divisions be ranked

How would the divisions be ranked (from best to worst performance) if the evaluation were based on residual income?

  What can you learn from financial statements of competitors

What can you learn from the financial statements of competitors that determine the relative cost position of your company? What are some of the ways in which you can secure a sustainable cost advantage over the competition?

  The market rate of interest for similar bonds is 9%.

On January 1 of Year 1, Drum Line Airways issued $3,750,000 of par value bonds for $3,440,000. The bonds pay interest semiannually on January 1 and July 1. The contract rate of interest is 8% while the market rate of interest for similar bonds..

  Determine what affect a sales volume increase or decrease

Determine what affect a sales volume increase or decrease will have on unit fixed cost, unit variable cost, total fixed cost, and total variable cost.

  Do you consider the three strategies to be consistent

Do you consider the three strategies to be consistent with ethical business behavior?

  Consider the business application item

Consider the Business Application item "Using Statistical Analysis to Improve Profitability.

  Based on the balance in retained earnings

Based on the balance in retained earnings, which of the two dividend plans is more restrictive on future cash dividends?

  The cost of performing inspection sampling moves inversely

The cost of performing inspection sampling moves inversely to the cost of quality failures. We can reduce the cost of quality failures by increased levels of inspection, ut that of course would increase the cost of inspection. Can you think of any me..

  Prepare a memo that explains the format of the statement

Prepare a memo that explains the format of the statement of cash flows and the rationale for each number included in Logan's statement of cash flows.

  Kelly company sells its only product

The contribution margin is: A) $6 per unit B) $4.50 per unit C) $5.50 per unit D) $4 per unit

  Question on standard price per kilogram

Misemer Corporation is developing standards for its products. One product requires an input that is purchased for $57.00 per kilogram from the supplier.

  Prepare a production cost report for the month of july

Prepare a production cost report for the month of July.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd