Each group of students shall select one of the given topics and proceed accordingly.
Topic 1: Industry-specific accounting issues.
This topic is recommended to those students who are working in professional positions (e.g. accounting/auditing, real-estate, delivery, tourism, hospitality, etc.) and/or have access to the required business information. The selected topic shall be approved by your lecturer.
Topic 2: Measurement of Asset Value and Financial Accounting.
This topic is recommended to all other students.
Grading Criteria (70 marks for report and 30 marks for presentation and poster):
- Your answer will be assessed for logic, arguments and evidence
- Marks will be awarded anywhere from zero to 100
The report should include the following:
·Student group work documentation as per Annexures at the end of this document. No documentation will result in a zero mark attributed to the group.
·Title page
·Contents page
·Executive summary (one page limit)
·Introduction
·Explanation of the concept of measurement generally from an accountant's perspective1 o Previous measurement systems (15 marks)
o Current measurement systems
·Examples of application
·Conclusion
·References using appropriate referencing system
Marks will be deducted for failing to comply with any instruction for this assignment.
Attention should be paid to:
- SPELLING, GRAMMAR AND STRUCTURE;
- PROFESSIONAL PRESENTATION INCLUDING TABLES AND FIGURES WHERE APPROPRIATE;
- USE OF OTHER RESOURCES, APPROPRIATE REFERENCING AND PROVISION OF BIBLIOGRAPHY.
Assignment requirements:
- All assignments are to be typed to a professional standard on standard A4 paper using 1.5 line spacing.
- Binding of assignments is not required - staple top left hand corner.
- Word limit of 3,000 words (approximately 8 pages) - remember quantity need not reflect quality.
- Any appendices are not included in the page limit. You should make good use of tables where applicable.
- Reports should follow (generally) a format for a professional report.
- You are expected to research the topic in other relevant accounting/finance texts. This research should be well referenced. Do not rely solely on the assigned text for interpretations.
- Sources should be appropriately referenced, acknowledging all sources of information that are not yours.
- Please clearly indicate the make-up of the formula used.
Some useful sites
The following may assist you in this assignment:
- The Business Communication Handbook (2011) 9th ed. Pearson Australia website:
https://www.pearson.com.au/9781442580930
- Look at the Institute of Chartered Accountants website:
https://www.charteredaccountants.com.au/
- CPA magazine - available on the web as well on the CPA website:
https://www.cpaaustralia.com.au/cps/rde/xchg/cpa/hs.xsl/index.html
- MP library https://library.melbournepolytechnic.edu.au/ where the electronic journals and databases are to be found
General information regarding the assignment
Students are required to submit a group report (groups of two). Students will be allocated into teams in the second lecture. You will submit one report per group of two.
- Assessment Criteria and Skills Development: Assessment will be based on the criteria provided above. This exercise will teach you the skills needed for formal written communication in a business setting, as well as organising information in a structured format.
- Team Conflict and Disbandment: The ability to "lead, manage and contribute effectively to teams" is a key MP Generic skill and an important skill sought by employers. Working in teams, under proper conditions, encourages peer learning and peer support. Sometimes members of a team will not contribute equally to the task, resulting in some students carrying the full load or the team effort. On other occasions team members have left the subject. This subject uses a peer evaluation sheet to alleviate student concerns about the contribution of individual team members. Should you have conflict in your team it is important to advise the lecturer as soon as possible.
o Please ensure that you have attached the Coversheet and stamped your assignment with the date stamp. A copy of the Coversheet cover sheet is available online.
o No extensions will be granted due to the time frame and advance warning provided concerning the work to be undertaken.
o The mark allocated to the group for the written component will also be the mark allocated to the individual members of the group adjusted as per the peer assessment documentation as provided to the lecturer. The lecturer's decision on the allocation of marks is final.
Provide the presentation slids as well.