Provide a brief summary of auditors report

Assignment Help Auditing

Reference no: EM132309740

Learning Outcomes

To demonstrate knowledge of broad business principles with depth of understanding of at least one business discipline.
To develop effective oral and written communication skills.
To develop the skills to demonstrate a broad understanding of business principles and demonstrate depth in at least one discipline.
To develop the skills to allow the acquisition and synthesising of information within a complex professional setting.
To develop and apply skills in critical thinking, complex problem solving and decision making.
To develop and apply knowledge of the social, economic, ethical and cultural contexts of business.
To develop and apply an understanding of independent as well as group learning.

Unit Learning Outcomes

a) Demonstrate an understanding of the accounting environment.
b) Show an ability to apply accounting vocabulary, principles and concepts.
c) Analyse transactions and prepare journals, ledgers and worksheets, and a Trial Balance.
d) Prepare general purpose financial statements.
e) Analyse, record, and report Current and non-current assets.
f) Distinguish between current and non-current liabilities, provisions and contingencies.

Assessment Task:

Assessment purpose

The assignment is designed to enhance students' skills in the preparation of simple financial statements, business transaction journalising as well as the implementation of an internal control system in a business. Standards of ethical conduct is also presented to facilitate students' discussion.

ASSESSMENT DESCRIPTION:

Students are required to work in a group of 2 - 4 students in the performance of this assignment. Students must register for their group with the lecturer during the first three weeks of the trimester and are not allowed to change group members afterward.

1 Selection of ASX listed company
Selecting the latest year annual report of the company
Providing brief of the company

2 Selection & comments on the dominating section in annual report

3 A brief summary of director's report from director's report section

4 Provide a brief summary of auditor's report after referring the auditor's report section.

5 Comments on change in sales(increase/decrease) along with reasons

6 Comment on change in cash flow from opeating activities
Change in cash flow from operating activities in numbers/ percantage

7 Comment on retained profits/ loans and debentures

8 Calculation of various ratios

Conclusion

Attachment:- Assessment Brief.rar

Reference no: EM132309740

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Reviews

len2309740

5/21/2019 11:12:50 PM

5 Comments on change in sales(increase/decrease) along with reasons 5 6 Comment on change in cash flow from opeating activities 5 Change in cash flow from operating activities in numbers/ percantage 5 7 Comment on retained profits/ loans and debentures 5 8 Calculation of various ratios 10 Conclusion 5 Refering to right financial statement and relevant section for calculations & comments 5 Report Format Report format is followed with the establishment of an executive summary and a table of content at the start of the report. Sub-heading for each topic/issue is expected. An assignment cover page is also required. 5

len2309740

5/21/2019 11:12:43 PM

This assessment is a group activity and students are required to work with their respective groups. No individual submission will be accepted. You will not receive any marks for this assignment if your group members collectively report against you for non-participation or non-cooperation. You have to nominate someone as your group leader to coordinate the assignment submission. 1 Selection of ASX listed company 5 Selecting the latest year annual report of the company 5 Providing brief of the company 10 2 Selection& comments on the dominating section in annual report 10 3 A brief summary of director’s report from director's report section 10 4 Provide a brief summary of auditor’s report after referring the auditor’s report section. 10

len2309740

5/21/2019 11:12:31 PM

Students are required to work in a group of 2 – 4 students in the performance of this assignment. Students must register for their group with the lecturer during the first three weeks of the trimester and are not allowed to change group members afterward.

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