Analyse and discuss the costs and benefits for firms

Assignment Help Managerial Accounting
Reference no: EM131177126 , Length: word count:2500

Assignment: Download BHP Billiton Ltd 2015 annual financial report from the company website.

Task 1 (GLO 1, GLO 2 and GLO8)

  • Review and assess related party transaction disclosure provided by BHP Billiton Ltd in its annual report. Evaluate how important for (potential) investors to receive/understand information about related party disclosure in order to properly assess the performance of BHP Billiton.
  • Analyse and discuss the costs and benefits for firms disclosing related party transaction disclosure in the context of stakeholder theory, positive accounting theory, legitimize theory, and institutional theory and/or other relevant theories (whichever theory/theories you consider relevant for the analysis. You are not expected to cover all theories, but at least one theory and maximum two theories should be discussed and analysed).

Your arguments for tasks 1 have to be supported by relevant academic refereed articles (at least 6). You should provide evidence that you have carefully examined the literature, understand it, and have been able to summarise its essential content by integrating these articles into your own arguments and perspective.

The task 1 is to be completed as a Group assignment (maximum 3 people per group).The number of words is 2,500 excluding the reference list, appendices and the cover page. The actual word count must be stated on the cover page of the assignment. A deduction of 2 marks from marks allocated to this assignment will apply if the number of words is 1 under by more than 10% of 2,500 words or over by more than 20% of 2,500 words. Word limits allow the student to structure the assignment to allow for the preparation of an informative yet succinct report.

Task 2 (GLO 7)

All team members must complete Peer assessment form and submit this document in the individual dropbox (NOT IN THE GROUP ASSIGNMENT DROPBOX) before the deadline of assignment submission. As a team member you will evaluate your other team members' contribution to complete this assignment. Peer assessment statement form can be accessed under "Assessment 1' resource folder. In a very rare case where a student completes Task 1 as an individual assignment, the student will automatically get zero on task 2. In some cases where not all team members submit the peer assessment form, the team member who has not submitted the assessment form will attract zero on this task. This task will carry 10% of the total assignment marks. Please note it is an individual task.

Task 3 (GLO 6)

Write around 500 words reflecting on what you have learnt about yourself as a team member. Reflect on your strengths and your weaknesses as a member of your team. Also provide list of actions that you will take next time to improve your team work skill. All team member should submit separate document in the individual dropbox (NOT IN THE GROUP ASSIGNMENT DROPBOX). Self-assessment statement form can be accessed from Cloud under "Assessment 1' resource folder. This task will carry 10% of the total assignment marks. Please note it is an individual task.

This total mark of the assignment (including task1, task2 and task3) is 100, and converted into 30% of the final grade in this unit.

Unit Learning Outcomes assessed:

  • Explain, evaluate and apply a range of advanced accounting theories and standards.
  • Identify, define and integrate to construct explanations that can inform solutions to relevant accounting issues.
  • Reflect and critically examine personal actions and responsibilities for applying and learning theories and standards in accounting principles and practice.
  • Work with others effectively and provide constructive feedback that is supportive and promotes improvement in understanding of advanced accounting principles and practice.
  • Critically analyse and discuss concepts surrounding corporate ethical and social responsibilities within the global. 2

Graduate Learning Outcomes assessed:

  • GLO1: Discipline-specific knowledge and capabilities.
  • GLO 2: Communication
  • GLO6: Self-management.
  • GLO7:Teamwork
  • GLO8: Global citizenship.

Reference no: EM131177126

Questions Cloud

Discuss the impact of the markets expectations : What should be the hedge ratio in the use of gasoline futures to hedge its exposure - what is the company's exposure measured in gallons of Liquid X?
Transportation system benefit or hurt the economy : How does the transportation system benefit or hurt the economy? Given limited transportation investment dollars, how do we really know the extent to which a transportation project will benefit the economy?
Construct a circuit for a full subtractor using and gates : Construct a circuit for a full subtractor using AND gates, OR gates, and inverters. A full subtractor has two bits and a borrow as input, and produces as output a difference bit and a borrow.
Find the difference of two four-bit integers : Use the circuits from Exercises 10 and 11 to find the difference of two four-bit integers, where the first integer is greater than the second integer.
Analyse and discuss the costs and benefits for firms : Analyse and discuss the costs and benefits for firms disclosing related party transaction disclosure in the context of stakeholder theory, positive accounting theory, legitimize theory, and institutional theory and/or other relevant theories (whichev..
Analyze whether or not the color-blind perspective : Propose at least three techniques in which the color blind perspective can be applied to classrooms so that the front-stage / back-stage difference in racial interactions may be eliminated.
Effectiveness of switching from perfectly to imperfectly : A company has price of 384.48 with 22502 units when calculating QS=QD. When MR=MC it is 595 and 13535. How can the effectiveness of switching from perfectly to imperfectly competitive markets be assessed? Which one is better in this case?
Circuit that computes the product of the two bit integer : When NAND or NOR gates are used to represent circuits, no other types of gates are needed. The notation for these gates is as follows:
Find the minimized boolean function : Construct a truth table and find the minimized Boolean function to implement the logic telling the CSU staff when to approve. Draw a circuit diagram for the Boolean function.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  When would activity based costing give more accurate costs

When would activity-based costing give more accurate costs than traditional costing systems?

  Coffee makers incorporated cmitwo divisions of a cmi are

coffee makers incorporated cmi.two divisions of a cmi are involved in a dispute.nbsp division a purchases part 101 and

  Hansel corporation has requested bids from several architect

Hansel Corporation has requested bids from several architects to design its new corporate headquarters.

  Prepare a budgeted statement of cash receipts

Prepare a budgeted statement of cash receipts and disbursements for the first quarter of 2012.

  Revenue from the sale

Ciolino Co.'s March 31 inventory of raw materials is $ 80,000. Raw materials purchases in April are $ 500,000, and factory payroll cost in April is $ 363,000.

  Determine company costs change depending on production

How would the information a management accountant would use to determine company costs change depending on type of production?

  Explore how a time driven abc cost system can be implemented

Discuss how a time driven ABC cost system can be implemented in the company you researched and the benefits that the use will yield to the business performance.

  Question 1probability and statistical quality controlshow

question 1probability and statistical quality controlshow all calculationsreasoninga an unbiased coin is tossed twice.

  Compute return on assets for each of the divisions

Compute return on assets for each of the divisions below (each is an investment center). Comment on the relative performance of each investmentcenter.

  Calculation of change in sales for target

The chosen company is Target Corporation which is one of the largest retailer and chain stores in the world. It's one of those giant retailer having predominant presence in North America - Calculation of change in sales for Target

  Advises the payroll department

The payroll bank account is reconciled by the chief accountant, who also prepares the several quarterly and annual tax reports.

  Calculate the firm margin turnover and roi

Firm D has net income of $83,700, sales of 2,790,000, and average total assets of $1,395,000. Calculate the firm's margin, turnover, and ROI.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd