Assessment 1
a) Critically evaluate financial accounting information and standards through an understanding of various theoretical and philosophical approaches to accounting
b) Further develop a student's mastery of the application of selected accounting standards and associated technical accounting skills
c) Assess the impact of social and environmental factors in accounting and reactions to them
Assessment type: Written Report - individual assessment Purpose: This assessment is designed to reinforce the subject content, and develop students' skills and application of knowledge of the subject content to business situations.
This assessment relates to learning outcomes a, b and c. Value: 20% Due Date: Students are to upload their submission to the Turnitin link on the Moodle subject home page by 8pm Friday of Week 7.
Topic: This assignment covers the in-depth theoretical concepts with some practical accounting task application based on the topics from the subject.
Task Details: This assignment requires a consideration of accounting theory concepts with critical analysis with application to General Purpose Financial Reporting by corporations. Students are required to prepare a comprehensive report directed to an Australian ASX Top 100 listed corporation detailing a critical analysis of the effectiveness of the corporation to meet the obligations of the conceptual framework of accounting. The summary report should include data extracted from the General Purpose Financial Report relevant to the material analysed.
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