Reference no: EM132369042

Introductory Accounting Assignment -

Unit Learning Outcomes Addressed:

a. Analyse accounting reports.

b. Use accounting information in a variety of business decision making contexts.

c. Develop an ethical perspective on the use of accounting information.

Assessment Task Description -

A number of measurement systems is used in the measurement of depreciable assets on the balance sheet and these measurements are discussed in the revised Australian Accounting Conceptual Framework (Birt et al 2017). Measurement of various assets is the process of determining the monetary amounts at which assets are to be recognized and carried in the balance sheet (Australian Accounting conceptual framework, 2016).

Required:

1. Identify and critically examine the basis for measuring tangible assets on the balance sheet.

2. Analyse how assets are initially recognised and subsequently measured by the company that you selected from the list given below

3. Discuss the usefulness of this disclosure for decision makers.

This assignment must be written/structured in the form of a 'business report'. That is, it must have a/an;

(a) Executive summary (between 100 to 150 words),

(b) Introduction that succinctly summarizes this assignment's topic and its key issues, controversies, etc. (no more than 200 words), and

(c) Body that addresses all the requirements - see above 1-3 (no more 2000 words),

(d) Conclusion that sums up the mains issues of this assignment (no more than 200 words), and

(e) Reference list containing all cited works.

(f) Proper English Grammar, appearance, format, etc.

At least three peer reviewed journal articles should be cited.

Assessment Criteria -

Criterion 1 - Structure and Clarity of the Report/Assignment

• introductory paragraph
• logical flow of clarity and structure of ideas and arguments
• appropriate use of paragraph and headings to explain and discuss ideas
• appropriate concluding paragraph

Criterion 2 - Body/contents

• Identify and critically examine the basis for measuring tangible assets on the balance sheet.
• Analyse how assets are initially recognized and subsequently measured by the chosen listed company that you selected with the consent of your lecturer
• Discuss the usefulness of this disclosure for decision makers.

Criterion 3 - Research and Analysis

• quality of research undertaken
• accuracy and depth of analysis
• appropriate use of in-text and end text referencing
• quality of information sources
• appendices

Attachment:- Introductory Accounting Assignment File.rar