Review the inventory disclosure of your selected company

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Reference no: EM132218898

Accounting and Governance Assignment - Business Report

Assignment Question: You are required to choose a suitable company with sufficient disclosures and write a business research report to address the following two questions.

By reference to the annual report of your selected company, you are required to address the following two aspects in the business report:

(1) Review the inventory disclosure of your selected company which may include:

  • inventory system (perpetual or periodic);
  • cost assumption (FIFO, LIFO or average cost);
  • the impact of cost assumption to the statement of profit and loss and
  • evaluation of inventory, etc.

(2) Discuss factors that accountants should consider when setting up accounting policy relating to inventory for the entities they work for?

The report must contain the following (in this order):

  • Report cover page (You can design your own cover page)
  • Table of contents
  • Executive summary
  • Introduction
  • Body
  • Conclusion
  • Reference list

Reference no: EM132218898

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Reviews

len2218898

1/19/2019 4:29:16 AM

The assignment should be typed (in Microsoft Word, Times New Roman, 12 font, 1.5 line spacing). The word limit is 800 including references. However, it can be 10% over/under the word limit without incurring a penalty. Please note that only include introduction, body and conclusion in the word count.

len2218898

1/19/2019 4:29:11 AM

The total mark of this assignment is 60 (refer to marking rubrics), then your marks will be converted to 10% towards your overall assessment. Includes all relevant details Analysis accurate and insightful. Writes clearly. Provide detailed and complete explanations. Information is organised in a structure, paragraphs organised around key themes that explicitly support the overall position and a wellsupported and argued conclusion. No/little minor grammar/expression errors. Uses professional, correct formatting/ organization of sections and paragraphs is clear with excellent flow/ appropriate tone/ language is clear and easy to read/ referencing allows easy verification in all cases.

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