Prepare report from recent financial reports

Assignment Help Accounting Basics
Reference no: EM131938126

Assessment Details

Details of Each Assessment Item

The assessments for this subject are described below. The description includes the type of assessment, its purpose, weighting, due date and submission requirements, the topic of the assessment, details of the task and detailed marking criteria, including a marking rubric for essays, reports and presentations. Supplementary assessment information and assistance can be found in Moodle.

KOI expects students to submit their own original work in both assignments and exams, or the original work of their group in the case of group assignments.

Assessment

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.

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.

Weekly Progress Report: Your lecturer / tutor will assign each student specific weekly targets. All students must demonstrate to their lecturer / tutor each week (weeks 2 to 6) that their tasks are on schedule. The purpose is to ensure students do not leave the task till the last minute.

The Summary Report: should include data extracted from the General Purpose Financial Report relevant to the material analysed.

Company selected - Glaxo smith Kline.

You have to prepare report from recent Financial reports.

points should address: how should company deal with information in B/S and I/S contrast between internal and external resources and closures AASB contingent liability (put screenshot) conceptual Frame work(Focus base) refer auditing knowledge in this assessment from financial reports.

significant accounting policy Extract what their Directors or auditors says(likelihood of success) talk about disclosures of contingent liability use index. look company's web and sustainability reports. depreciation and industry issues statement of significant policies

Attachment:- ACCOUNTING THEORY.rar

Reference no: EM131938126

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Reviews

len1938126

4/11/2018 5:24:59 AM

Recommendations / conclusions Value 20% Mark awarded Few or no recommendations made / no justification. Any recommendations made are not supported or are inaccurate. Some recommendations made / not well linked to the results of the evaluation or relevant theory. Good recommendations made, linked to the evaluation results / may not be linked back systematically to relevant theory Very good recommendations made, linked to the evaluation. Theory used systematically to justify recommendations and discuss enhancement of the organisation’s capabilities Excellent recommendations made, linked to the evaluation. Theory used in insightful way to justify recommendations and discuss enhancement of the organisation’s capabilities Presentation Value 20% Mark awarded Referencing is absent / not systematic / incorrect Acceptable presentation – obvious errors demonstrating lack of attention to detail.

len1938126

4/11/2018 5:24:46 AM

Analysis of the organisation Value 30% Mark awarded Poor evaluation. Significant gaps in knowledge of the theory and lack of understanding of company’s capabilities. No analysis provided. Disjointed or no discussion. Simple discussion of areas of strength and weakness in the organisation’s capabilities. Work reflects limited engagement with organisational context or relevant theory. Not all aspects of task completed In sufficient detail. Most aspects of the task completed but assessment lacks cohesion. Identifies and discusses areas of strength and weakness in the organisation’s capabilities. Discussion of some relevant issues in theory and organisational content in evaluation. All aspects of the task completed – some cohesion. Identifies and clearly explains areas of strength and weakness in the organisation’s capabilities. Links to organisational context and relevant theory in evaluation. All aspects of the task completed with minimal errors in cohesion Identifies and insightfully discusses areas of strength and weakness in the organisation’s capabilities. Strong links to organisational context and relevant theory in evaluation.

len1938126

4/11/2018 5:24:34 AM

Marking Guide: Analysis 30% Theory support 30% Recommendations/conclusions 30% Presentation 10% Total mark will be scaled to a mark out of 15 Criteria Fail (0 – 49%) Pass (50 – 64%) Credit (65 – 74%) Distinction (75 – 84%) High Distinction (85 – 100%) Research – extent and application Value 30% Mark awarded Inaccurate, inappropriate or no use of literature. Analysis not developed. No original explanations provided. Minimum number of sources, not all current or relevant. Paraphrasing used throughout but not always accompanied by original explanations. Theory relevant but not always linked to analysis. Good selection of theory from a range of sources to build and adequately justifies analysis. Paraphrasing used throughout but accompanied by original explanations Insightful and appropriate selection of theory from a good range of current and relevant sources to systematically build and justify analysis. Minimum paraphrasing Integration and originality in the selection and handling of relevant theory to build and justify analysis. Wide range of current and relevant sources integrated in systematic way.

len1938126

4/11/2018 5:23:20 AM

o Students are expected to attend classes with the weekly worksheets and subject support material provided in Moodle. Students should read this material before coming to class to improve their ability to participate in the weekly activities. o Students will require access to the internet and their KOI email and should have basic skills in word processing software such as MS Word, spreadsheet software such as MS Excel and visual presentation software such as MS PowerPoint. o Computers are available for student use in the Library. However these are in demand at peak times and tutorial classes may have priority use. You should therefore plan well in advance to utilise these resources. If you have your own computer, it should have internet access

len1938126

4/11/2018 5:23:07 AM

kindly visit page 8 assessment 1 of file attached. company i have selected is Glaxo smith Kline. you have to prepare report from recent Financial reports. points should address: how should company deal with information in B/S and I/S contrast between internal and external resources and closures AASB contingent liability (put screenshot) conceptual Frame work(Focus base) refer auditing knowledge in this assessment from financial reports. significant accounting policy Extract what their Directors or auditors says(likelihood of success) talk about disclosures of contingent liability use index. look company's web and sustainability reports. depreciation and industry issues statement of significant policies

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