Decision case - intangible assets

Reference no: EM131608529

First assignment - Decision case

This assessment item assesses the following learning outcomes:

Knowledge & Technical Skills (KS) - Demonstrate and apply integrated and advanced discipline and professional practice knowledge, including knowledge of relevant research principles and methods.
Higher Order Thinking Skills (HO) - Exercise creativity and intellectual independence and make informed decisions and judgements in planning, designing, and executing strategic and research-based responses to address real world issues and problems.

Purpose: Critical thinking skills are highly valued in business. This is particularly true for accountants who are often tasked with suggesting solutions where there is no uncontested or objective answer to the problem they are faced with. This assessment item is intended to develop these skills.

DECISION CASE - INTANGIBLE ASSETS

According to Baruch Lev, "Wealth and growth in today's economy are driven primarily by intangible assets." Margaret Blair and Steven Wallman concur: "The factors that have become most important to business success and economic growth in developed economies in the twenty-first century are 'intangible' or nonphysical." Yet accounting ignores and obscures the key factors to business success and value creation. Conceptual Framework 2010 indicates that expenditure on intangibles that meets the definition of, and recognition criteria for, assets should be capitalised. However, AASB 138 specifically prohibits the recognition of internally developed brands, mastheads, publishing titles, customer lists and similar items. Do you think these views are conflict? Explain and give possible reasons for the AASB138 prohibition.

Second assignment - Presentation

This assessment item assesses the following learning outcomes:

Knowledge & Technical Skills (KS) - Demonstrate and apply integrated and advanced discipline and professional practice knowledge, including knowledge of relevant research principles and methods.
Be critical thinkers and effective problem solvers (HO) - Exercise independent judgment and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Be professional communicators in an intercultural context (PC) - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.

Purpose: Effective oral communication skills are highly valued in business. This is particularly true for accountants who are often tasked with suggesting solutions where there is no uncontested or objective answer to the problem they are faced with. This assessment item is intended to develop these skills.

Need solution in 500 words + presentation + script to read the presentation.

Assignment Files -

https://www.dropbox.com/s/6z9vhonc2j6biqr/Assignment%20Files.rar?dl=0

Reference no: EM131608529

Questions Cloud

How your thinking processes have changed : How did you think before you entered this course? What were the key assumptions you made about thinking? How, if at all, have these changed?

Create a need that is not really present : Can advertisers create a need that is not really present? Does advertising have the power to drive consumption up? Provide your explanation of your position.

Examine-an array definition reserves space for the array : To refer to a particular location or element within an array, we specify the name of the array and the value of the particular element.

Incentive based program to challenge companies : Would you propose an incentive based program to challenge companies to reduce their environmental liability? Please give an example of how this can be done.

Decision case - intangible assets : DECISION CASE - INTANGIBLE ASSETS. Explain and give possible reasons for the AASB138 prohibition

Examples of personal and organizational planning : Give examples of personal AND organizational planning, as well as opportunities for improvement in planning, while integrating textbook ideas (include p. #).

Improving the recursive fibonacci implementation : The recursive algorithm we used to calculate Fibonacci numbers was intuitively appealing. However, recall that the algorithm resulted in the exponential.

Discuss cohesion and coherence : Some potential threats exist in the modern mass communications media, though there are many significant advantages. If a powerful minority should happen

Compose a minority subgroup known as the lgbt community : In what specific ways do lesbian, gay, bisexual and transgender individuals together compose a minority subgroup known as the "LGBT Community"

Reviews

len1608529

8/22/2017 3:38:45 AM

Need solution in 500 words + presentation + script to read the presentation. I ask you Two (2) different assignment in the same topic. It is also really important for me. First assignment Decision case (like usual asking assignment) Attached files: lecture note and other resources. Second assignment Presentation (by using same topic). Time : 10-12 minutes. Purpose: Effective oral communication skills are highly valued in business. This is particularly true for accountants who are often tasked with suggesting solutions where there is no uncontested or objective answer to the problem they are faced with. This assessment item is intended to develop these skills.

len1608529

8/22/2017 3:38:38 AM

Description: Each week the end of the lecture slides, there will be a ‘decision-case’ based on the lecture topic and learning objectives for that week. Each decision-case introduces a proposition and requires students to support or oppose that proposition. Each student will be assigned a week and a topic where they will present their response to the decision-case to their tutorial group. Presenters are expected to encourage and lead any subsequent class discussion of their material. The required length of the presentation is 10-12 minutes including class discussion. There was excellent and well researched support for the decision as indicated by: The relevance and importance of the topic were well identified and developed. You identified, evaluated and critically analysed a comprehensive number of arguments for and against the issue that lead to the decision.

len1608529

8/22/2017 3:38:32 AM

Demonstrate and apply integrated and advanced discipline and professional practice knowledge - Content of presentation is comprehensive and fully coherent with the relevant topic; there are no digressions or areas uncovered. Structure, organisation of presentation. Clarity of opinions/ argument. Argument is logical, convincing and fully researched; structure is professionally tailored for the audience, and clearly signposted throughout; correct (accounting) terminology is used.

len1608529

8/22/2017 3:38:26 AM

Highly effective oral presentation skills. Convincing and interesting manner; highly professional presentation; voice always interesting and well-modulated, audible and clear; maintains good eye contact; body language appropriate and never distracting. There is minimal reliance on written notes. Effective use of visual aids. Adherence to time limits. Use of visual aids is judicious and consistently integrated to maximise engagement and transmission of meaning. Presentation adheres to time limits.

Write a Review

Required(*) Message

Accounting Basics Questions & Answers

Compute the february conversion costs in the filtration

spring fresh produces premium bottled water. spring fresh purchases artesian water stores the water in large tanks and

Nomoto cars is an automobile dealership

Nomoto Cars is an automobile dealership. Prepare journal entries to record these transactions. Then based on the journal entries, determine the total profit Nomoto made on the sales.

Trade account receivable problem

On January 31, 2006, the home office of Wall Company collected a trade account receivable of Doris Branch. The accounting for this transaction by Wall Company should include a:

Prepare journal entries to record these transactions

Atalla Co. completed the following transactions in 2013, the first year of operation:

Which statements about budgets and budgeting is false

Which statements about budgets and budgeting is FALSE? Relevant information refers to ________ that will differ among the alternative courses of action.

Assume that you are the project team manager

Assume that you are the project team manager that is engaged in a systems analysis. The company is a large, national retailer with several stores and warehouses located throughout the United States.

Estimate the firm reinvestment rate

Assume that the firm is in stable growth, growing 5 percent a year forever; estimate the firm's reinvestment rate. Given this reinvestment rate, estimate the value of the firm. What is the value of the firm, if you assume a zero reinvestment rate and..

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!

Submit Assignment

User Account

All Pages