Conduct computations and prepare accurate journal entries

Assignment Help Financial Accounting
Reference no: EM133749184

Advanced Financial Accounting

Your Task

As a group, analyse financial information, conduct computations and prepare accurate journal entries based on your calculations.

Assessment Description

This group case study is designed to test your ability to apply the knowledge gained from ACCM4200 workshops 3, 4 & 5 to a practical scenario. It will also help you develop writing strategies to enable the effective presentation of accounting information while working in teams.

You will be required to analyse information provided and carry out computations. The rationale for your computations must be justified by reference to the requirements of AASB116 and AASB136. Based on your computations, you will be required to prepare journal entries. You will also be required to answer a specific question with regards to accounting policy for property, plant, and equipment of a listed company.

Assessment Instructions

Form groups (maximum 3 students) and identify a group leader.

The group leader must email your facilitator the names and student numbers of all group members by week 5.

Students who have difficulty forming groups must let their facilitator know by week 5. Your facilitator will assist you in forming a group.
Answer the questions included in the Assessment 2 question document, which will be made available to you in class during Workshop 6.
This case study should be attempted as a group.

Reference no: EM133749184

Questions Cloud

Diabetes in different racial and ethnic groups : One health disparity is the prevalence and outcomes in diabetes in different racial and ethnic groups.
Discuss how organization can best implement the strategies : MGT 520- Discuss how an organization can best implement these strategies to ensure performance management is best utilized by the organization.
Colleague implementing agreed strategies : Outline methods used to communicate and provide support to the educator/colleague implementing agreed strategies.
Discuss the processes within your chosen organization : Discuss the processes within your chosen organization. From your reading, consider whether or not alternative approaches might lead to improvements.
Conduct computations and prepare accurate journal entries : Conduct computations and prepare accurate journal entries based on your calculations - develop writing strategies to enable the effective presentation
Ethical implications of health disparities are significant : The ethical implications of health disparities are significant. From a justice perspective, the principle of fairness requires all individuals to have equal acc
Briefly review the historical disadvantages experience : ECON 7001 Economics, Western Sydney University - Briefly review the historical disadvantages experience by the Indigenous population of Australia since
Identifies as caucasian-heterosexual and cis-gendered male : Connor is 33 years old and identifies as a Caucasian, heterosexual, cis-gendered male. Connor reports he has been married to his high school sweetheart
Where do feelings enter the picture : PHI 210 Miami Dade College- If moral reasoning is largely about providing good reasons for moral claims, where do feelings enter the picture?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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