Reference no: EM132366294

Financial Accounting and Reporting Assignment

Assessment Description

Learning Outcome 4: Develop information gathering (research) and communication strategies to enable the provision of professional advice to a client.

Objective: The objective of this assignment is to learn to effectively research a technical aspect of accounting and communicate professional advice to a client, via a business letter.

Background to the case study:

Assume that you are a graduate accountant working for McKenzie and Associates a public accounting firm situated at 668 George Street, Melbourne, VIC 3000. The manager of your firm, Ms Maria McKenzie has asked you to draft a letter in response to an email received from a client - Mr Con Pewter, the Managing Director of Pewter Ltd, raising a key accounting issue regarding his company - see the copy of the email at the end of this document. The maximum length of the letter is 1.5 pages. You should address all the technical issues/discussion after the letter on separate pages.

• Part A: Technical component - This mark covers the technical content of your advice and the explanation on each of the issues, the calculations and the sources used.

• Part B: Communication Skills - Letter Writing - This mark covers the generic skills of business letter writing; layout, clear meaning, structure and organisation, appropriate tone and grammar, spelling and punctuation etc.

• Part C: Communication Skills - Presentation - The individually presented 5 minute video presentation will need to keep the audience engaged, containing only the student's advice; the presentation should be well-rehearsed and all supplementary material, such as slides and visual aids must be of a professional standard.

The assignment is designed to test the following skills:

1. Your knowledge and your ability to research the issues and then apply the information appropriately using judgement to correctly identify the relevant standards and legislation that relate to the issues raised by the client.

2. Your written communication skills - business letter writing.

Please note: Any work which has been copied or shared between students will result in a Fail grade for both students concerned. Therefore, please make sure that the answer to this individual assignment is your work and not copied or bought from any source. In completing this assignment make sure you follow the guidelines for assignments especially those relating to the presentation of written work, late assignment policy and academic integrity.