Industry-specific accounting issues

Assignment Help Financial Accounting
Reference no: EM131029924

Each group of students shall select one of the given topics and proceed accordingly.

Topic 1: Industry-specific accounting issues.

This topic is recommended to those students who are working in professional positions (e.g. accounting/auditing, real-estate, delivery, tourism, hospitality, etc.) and/or have access to the required business information. The selected topic shall be approved by your lecturer.

Topic 2: Measurement of Asset Value and Financial Accounting.

This topic is recommended to all other students.

Grading Criteria (70 marks for report and 30 marks for presentation and poster):

- Your answer will be assessed for logic, arguments and evidence
- Marks will be awarded anywhere from zero to 100

The report should include the following:
·Student group work documentation as per Annexures at the end of this document. No documentation will result in a zero mark attributed to the group.
·Title page
·Contents page
·Executive summary (one page limit)
·Introduction
·Explanation of the concept of measurement generally from an accountant's perspective1 o Previous measurement systems (15 marks)
o Current measurement systems
·Examples of application
·Conclusion
·References using appropriate referencing system

Marks will be deducted for failing to comply with any instruction for this assignment.

Attention should be paid to:
- SPELLING, GRAMMAR AND STRUCTURE;
- PROFESSIONAL PRESENTATION INCLUDING TABLES AND FIGURES WHERE APPROPRIATE;
- USE OF OTHER RESOURCES, APPROPRIATE REFERENCING AND PROVISION OF BIBLIOGRAPHY.

Assignment requirements:
- All assignments are to be typed to a professional standard on standard A4 paper using 1.5 line spacing.
- Binding of assignments is not required - staple top left hand corner.
- Word limit of 3,000 words (approximately 8 pages) - remember quantity need not reflect quality.
- Any appendices are not included in the page limit. You should make good use of tables where applicable.
- Reports should follow (generally) a format for a professional report.
- You are expected to research the topic in other relevant accounting/finance texts. This research should be well referenced. Do not rely solely on the assigned text for interpretations.
- Sources should be appropriately referenced, acknowledging all sources of information that are not yours.
- Please clearly indicate the make-up of the formula used.

Some useful sites

The following may assist you in this assignment:
- The Business Communication Handbook (2011) 9th ed. Pearson Australia website:
https://www.pearson.com.au/9781442580930
- Look at the Institute of Chartered Accountants website:
https://www.charteredaccountants.com.au/
- CPA magazine - available on the web as well on the CPA website:
https://www.cpaaustralia.com.au/cps/rde/xchg/cpa/hs.xsl/index.html
- MP library https://library.melbournepolytechnic.edu.au/ where the electronic journals and databases are to be found

General information regarding the assignment

Students are required to submit a group report (groups of two). Students will be allocated into teams in the second lecture. You will submit one report per group of two.

- Assessment Criteria and Skills Development: Assessment will be based on the criteria provided above. This exercise will teach you the skills needed for formal written communication in a business setting, as well as organising information in a structured format.

- Team Conflict and Disbandment: The ability to "lead, manage and contribute effectively to teams" is a key MP Generic skill and an important skill sought by employers. Working in teams, under proper conditions, encourages peer learning and peer support. Sometimes members of a team will not contribute equally to the task, resulting in some students carrying the full load or the team effort. On other occasions team members have left the subject. This subject uses a peer evaluation sheet to alleviate student concerns about the contribution of individual team members. Should you have conflict in your team it is important to advise the lecturer as soon as possible.

o Please ensure that you have attached the Coversheet and stamped your assignment with the date stamp. A copy of the Coversheet cover sheet is available online.

o No extensions will be granted due to the time frame and advance warning provided concerning the work to be undertaken.

o The mark allocated to the group for the written component will also be the mark allocated to the individual members of the group adjusted as per the peer assessment documentation as provided to the lecturer. The lecturer's decision on the allocation of marks is final.

Provide the presentation slids as well.

Verified Expert

Reference no: EM131029924

Questions Cloud

Write a report on a case in share buyback : You are required to write a report on a case in share buyback and its impact on the share price and the financial performance of the company.
Calculate the average rate of formation of p2o5 : Using the information in the following table, calculate the average rate of formation of P2O5 between 10.0 and 40.0 s.
Account the current events surrounding chipotle : Taco Bell and Qdoba are both listed as competitors to Chipotle. Taking into account the current events surrounding Chipotle, which do you think is the greater threat, Taco Bell or Qdoba, and why?
Reverse logistics myth : Reverse Logistics Myth? Let’s think about this world of reverse logistics in a different way. Many textbooks describe the supply chain and logistics and transportation processes as a positive network of people and machines working together, interacti..
Industry-specific accounting issues : Industry-specific accounting issues and Measurement of Asset Value and Financial Accounting - Explanation of the concept of measurement.
Outsider to help them step out of the box and innovate : You are a top manager who was recently hired by an oil field services company in Oklahoma to help it respond more quickly and proactively to potential opportunities in its market.  When you interviewed for the position, both the COO and the CEO claim..
What does this say about the disabled in the workplace : If you decided that this critical issue of contagious disease was worth educating your workplace through training, would you include all contagious diseases or just focus on HIV training?
What is the molarity of an aqueous solution : What is the molarity of an aqueous solution that contains 15.2g of Kno3 in 2.3 l of solution Formular for m:_____ Mass of the solute:_____ Molar mass of solute KNO3 1K_____+1N_____+30______=_____G/MOL Moles of soulte =mass solute/molar mass=____ V..
Problem regarding the sources and contingencies of power : Describe the sources and contingencies of power you and other graduates from this program have in the labour market.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Indicate whether investment opportunity should be accepted

Merton Manufacturing Company has an opportunity to purchase some technologically advanced equipment that will reduce the company’s cash outflow for operating expenses by $1,271,000 per year. The cost of the equipment is $8,156,843.32. Calculate the i..

  Prepare an ending trial balance at december

Prepare an ending trial balance at December 31, 2005, prepare an income statement for Lloyd Christmas for 2005 and prepare a statement of owners' equity for the year ended December 31, 2005.

  Shares of common stock issued and outstanding

Didde Co. had 300,000 shares of common stock issued and outstanding at December 31, 2014. No common stock was issued during 2015. On January 1, 2015, Didde issued 200,000 shares of nonconvertible preferred stock. During 2015, Didde declared and paid ..

  Depreciation by methods - sale of fixed asset

the double-declining-balance method was selected. In the first week of the fifth year, the equipment was sold for $115,000.

  Evaluate manufacturing costs and proposed selling prices

Company has been approached by two potential customers to manufacture specific products for them on an ongoing basis. Details of the estimated manufacturing costs and proposed selling prices

  Evaluate the equivalent units of production

Evaluate the equivalent units of production for the first department for April, consider the company uses the weighted-average method of accounting for costs and units.

  Factors that influence the composition of capital structure

factors that influence the composition of capital structure for wacc.cost of capital coleman technologies is

  On 1st january 2010 jacob issues 800000 of 9 percent

on 1st january 2010 jacob issues 800000 of 9 percent 13-year bonds at a price of 96frac12. six years later on january 1

  Three 3 personal trainers at an upscale health spa resort

three 3 personal trainers at an upscale health spa resort in sedona arizona want to start a health club that

  Prepare a trial balance by entering the accout balance

Prepare a trial balance by entering the accout balance from the general ledger in the work sheet (list all accounts, including those with zero balances).

  Concepts behind stockholders equity and the transactions

To demonstrate your understanding of the concepts behind stockholders equity and the transactions which support it, read the scenario below and discuss: Al and Ed, friends since childhood, decided to go into business together. They entered into a par..

  Journalize the partnerships receipt of assets and liabilitie

Journalize the partnerships receipt of assets and liabilities from Knoll and from Wyndon and compute the partnership's total assets, total liabilities, and total owners' equity immediately after organizing.

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