Reference no: EM132277291 , Length: word count:1000

ABC Learning Case Study

Watch the ABC Learning videos.

1. Discuss the reasons for ABC Learning's failure. Were there any warning signs in the company's financial reports that might have indicated that the company was in trouble?

2. Identify and discuss 3 ethical issues from this case study.

Rationale

This assessment task will assess the following learning outcome/s:

be able to apply conceptual and technical aspects of accounting and prepare relevant business financial statements.
be able to discuss the historical development of accounting.
be able to appraise the use of information technology including spreadsheet software in accounting problem solving, and evaluate the Internet as a professional resource.
be able to demonstrate relevant business communication skills including report writing.
be able to contextualise and evaluate accounting information for decision making purposes.
be able to explain the importance of ethics in accounting.
In today's business environment we need verbal skills, writing skills, numeracy skills AND digital literacy skills. All of these skills are assessed throughout this subject. The early questions in this assignment are designed to assess your digital literacy in a business/accounting environment.

This assignment is designed to give you an opportunity to demonstrate knowledge and skills in aspects of accounting and information systems including technical issues as well as concepts such as the accounting equations, cash and accrual accounting, current and non-current assets and liabilities, trial balance, worksheets, income statement, statement of changes in equity, balance sheets and the application of spreadsheet software to the presentation and solution of accounting problems.