Assignment Semester 1 2017
DUE DATE: Week 9
You are operating within the Investment recommendation section of the strategic coming up with the department of a serious organization. Your organization is considering the Australian equities market.
Management has known as a gathering of you and your colleagues, and through the meeting have mentioned the effects of the legal would like of public listed companies to evolve to the Australian money Reporting Standards. they need to ask you and your colleagues to sample a range of ASX listed companies and establish the extent to that firms obey intimately the spirit of the law. Management area unit interested by the compliance concerning many specific areas of the Standards, in particular, leasing, liabilities, and earnings per share, intangibles and tax impact accounting
Required:
Your assignment is to complete a report back to management in this regard.
You are to make into teams of 4 or 5 for the submission of this assignment
Three weeks before the date, you will begin testing your assignment for originality (30%) on TURNITIN which is able to be accessible in VU Collaborate.
You are needed to pick out 2 firms from the ASX list. Click on the subsequent uniform resource locator for the ASX list
of listed firms.
You are then to get copies of these companies’ latest annual reports and investigate the subsequent areas:
1. Discuss the thought of news entity and assess however the thought of news entity helps in the creation of quality info for the users of monetary info. Support your discussion with the assistance of connected analysis literature.
2. Review the foremost recent money statements of 2 Australian firms from totally different industries. Analyze, compare and discuss each firms’ revelation of liabilities together with provisions and contingent liabilities (excluding lease liabilities) to explore each firms’
compliances with relevant accounting principles and support your arguments victimization relevant research literature.
3. Review the foremost recent money statements of 2 Australian firms from totally different industries. Analyze, compare and discuss each firms’ revelation of intangible assets to explore both firms’ compliances with relevant accounting principles and support your arguments victimization relevant analysis literature.
4. Review the foremost recent money statements of 2 Australian firms from totally different industries. Analyze, compare and discuss each firms’ revelation of revenue enhancement expense, benefits, and obligations to explore each firms’ compliances with relevant accounting principles and support your arguments victimization relevant analysis literature.
At the top of every section, take into account what enhancements to firms’ revelation might improve the decision quality and transparency of the accounting info you've got analyzed. Evidence of analysis on the far side of the prescribed texts is needed. guarantee these area units documented fittingly in your references.
You are but presenting ONE report covering the points, and so ought to properly integrate the points into the report at the introduction and conclusion. this implies you want to justify why you selected the points you probably did and neglected alternative points. a brief conclusion of your overall findings is anticipated by management.
Approximate word Length: 4000 words.
Marking: This assignment is value two-hundredths and can be scored out of twenty marks. The assignment may be a TEAM assignment and so scores are going to be applied to any or all members of a team while no distinction.
Due Date: Week nine
You have to submit 2 copies of your report:
Only a single copy ought to be submitted to Dropbox via a link on VU Collaborate. The report should be submitted solely by one team member or team leader.
The second (hard copy) of the report ought to be submitted to your lecturer.
Penalty for late assignments: one mark per operating day (weekday). No marks are going to be awarded when one week.
Teamwork:
Team members should belong to the constant tutorial cluster.
it's YOUR responsibility to make groups, so swapping contact details and transcription regular progress conferences is crucial. Remember, once a team is created, it's up to you and your fellow team members to maintain team discipline. No changes to cluster members area unit allowed during the last 3 weeks before the submission point in time.
a) Once a bunch is created, all members ought to check-in into their cluster through a link on VU Collaborate. The link is found in the Assessment folder.
b) Any person sign language up in an exceeding cluster must acquire approval from alternative cluster members before signing up. just in case there are unit complaints that a student signed up while not previous approval from alternative group members, he/she is going to be far away from the cluster straightaway. All complaints ought to be submitted via email (using VU student email)
c) Groups should assign a frontrunner and keep all records of conferences and tasks assigned to cluster members. Students should meet a minimum of once each time period. Meeting records should be hooked up at the end of your report. Marks are going to be allotted for your meeting logs. An advised meeting log is attached.
d) Where {a cluster|a gaggle|a bunch} member isn't cooperating or contributive to the group and therefore the team has created all efforts to resolve the difficulty, the team should inform the tutor and unit coordinator/s straightaway via email. wherever a bunch doesn't report this matter straight away, it'll not be amused afterward, especially before the date of the assignment. The defaulting member is going to be given a warning and should the member still default, the cluster can continue while not the defaulting member, and therefore the defaulting member can receive zero for the task.
