Assignment: Contemporary Issues in Accounting
2000 Words
• Task Details: Download the latest annual report of any two listed companies.
• Annual Reports are available on the company website or ASX website.
• Analyse the conceptual framework with reference to the annual reports of your chosen companies in light of the reporting requirements imposed on accountants and those charged with governance of corporations.
• Your analysis may include the following:
• Are the annual reports in compliance with the conceptual framework and AASB standard requirements?
• You need to use extracts from the annual reports to support your analysis.
• Provide screen shots of the relevant sections from the reports in your assignment.
• If they are not in compliance, explain the reason.
• How the conceptual framework revision to include Prudence is likely to address the disparity in
• Corporate Reporting
• You may find the explanations in the notes to the financial statements or in the Director's report.
Report.
• Compare and contrast the two annual reports, identify the differences in disclosures of these corporations.
The assignment should include the following parts:
(a) Executive Summary;
(b) Table of Contents;
(c) Main contents
- Introduction,
- Analysis using suitable headings and subheadings,
- Conclusions and Recommendations, Appendices (if any);
(e) References (using Harvard - Anglia style); and/or
- minimum of 10 recent and relevant academic journal articles
(f) Attachments.
THERE IS A NEED TO FOCUS IN YOUR ASSESSMENT ON THE QUESTION AND NOT ON COMPANIES SELECTED. COMPANIES SELECTED WILL REPRESENT A DEMONSTRATION ON THE CRITICAL ANALYSIS YOU HAVE UNDERTAKEN.
This is our textbook:
Deegan, C., 2013. Financial Accounting Theory 4th ed., McGraw-Hill.