Understanding and interpreting accounting concepts

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Reference no: EM131990948 , Length:

Objectives of the Assignment

This assignment develops your capabilities to analyse, reason logically and conceptualise financial, social and environmental issues, and is aligned with the Course Learning Outcomes of identifying, understanding and interpreting accounting concepts. The use of Sustainability and/or Corporate Social Responsibility (CSR) Reports enables you to apply your accounting knowledge to a real world context.

Overview of assignment requirements

Assume you are preparing the report for a friend who wishes to invest in a business which conducts itself in a socially and environmentally responsible way. In your report, you are required to advise your friend on the economic/financial, social and environmental performance of the business. You should choose and analyse the Financial and Sustainability/CSR Reports of one of the organisations listed below (please note that a marking rubric/guide will be available on the course Canvas) and, in the report conclusion, advise your friend whether or not to invest in the business. You should demonstrate that you have undertaken research by citing relevant sources you have used. Therefore, you need to appropriately reference those sources in the text and list them in the bibliography.

We highly suggest you to read through the sustainability chapter in the text book before you commence writing the assignment. Then, read through the annual reports as well as other online resources which provide additional information about the financial, social and environmental performance of the company you selected. When writing your report, it is important that you follow the assignment template.

You are required to prepare a report on one of the following specific organisations below:

Adidas

Annual Report and Sustainability Report 2015

Myer

Annual Report and Sustainability Report 2014

Qantas

Annual Report and Sustainability Report 2015

Telstra

Annual Report and Sustainability Report 2016

The assignment's template is as follows:
- Title Page
- Table of contents
- Introduction (please see assignment's rubric for further information)
- Financial/Economic performance
- Social performance
- Environmental performance
- Conclusion
- Reference List
- Appendix (optional)

With the financial/economic performance section of your assignment, the minimum requirement is to locate and summarise the company's basic financial information as outlined below (see table). Then, most importantly you should discuss the financial performance (particularly profitability) of the company using the management reports, online resources, financial and sustainability/CSR reports. It is highly recommended to provide some comparative analysis, whereby you compare the company's financial reports (of the relevant year) with the same company's financial reports of previous years (up to 2 years) and/or competitors' reports or industry averages to support your report analysis.

Company name (select the preferred company)

General financial information

Financial year xxx

(A)

 

Total Assets

 

Total Liabilities

 

Total Owners Equity

 

(B)

 

(Basic) Profit earned- per share (EPS)

 

(C)

 

Total Ordinary Shares issued

 

(D)

 

Profit received by Shareholders- per share (DPS)

 

(E)

 

Net Cash flows from Operating Activities

 

(F)

 

Net Cash flows from Investing Activities

 

As a result of reading your chosen company's CSR and/or Sustainability Report, you should discuss matters relating to the company's sustainability practices and reporting in your report including but not limited to the following issues:

- Aspects of the company's environmental performance - related to natural capital - including but not limited to environmental protection, energy and carbon emission concerns, and waste production concerns.
- Aspects of company's social performance - related to human capital and society wealth creation potential - including but not limited to the employee health, human rights protection, contribution to community, customer involvement, and product responsibility.

Other appropriate issues in completing this assignment:
- A report format should be used for your written submission. Please ensure you use headings and sub-headings to structure your report. Please ensure that your report is typed with the following formatting style recommended: 1.5 line spacing, 11 point font, minimum 3 cm margin on left-hand side of paper.

- Your assignment must be appropriately referenced using the Harvard Style referencing system.

Verified Expert

The solution file contains a brief write up on the company and its financials along with an advice on whether or not to subscribe to the shares of the company. The advice has been substantiated with detailed analysis of the financial statements of the company. The other aspects like social and environmental responsibility as well as the history of the company have been discussed in considerable detail. The discussion contains a buy recommendation on the shares of the company which is entirely my personal opinion and may vary with other experts.

Reference no: EM131990948

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Reviews

len1990948

5/21/2018 7:08:26 AM

Referencing 10% Excellent referencing. All sources (information and graphics) are accurately documented in the desired format. More than 5 reputable sources are referenced. (The report must be fully referenced (in-text) using the Harvard referencing style, and include reference list formatted correctly.) Very well referenced. All sources (information and graphics) are accurately documented, but a few are not in the desired format. At least 3-4 reputable sources are referenced. (The report must be fully referenced (in-text) using the Harvard referencing style, and include a reference list formatted correctly.) Good referencing. All sources information and graphics) are accurately documented, but many are not in the desired format.

len1990948

5/21/2018 7:07:52 AM

Social 20% (Discuss on social responsibility of the company) Social Section is written very thoroughly. Very thoroughly researched, effective use of material; Comprehensive identification and discussion of social issues; persuasively argued throughout; Clear and logical structure; precise and concise writing. Social section is written clearly. Well researched, appropriate use of materials; Very good identification and discussion of social issues; argument well developed and supported; some critical evaluation of materials; suitable and coherent structure. Social section is generally well-written. Competently researched; good use of materials; social issues are identified and discussed appropriately; some arguments may be underdeveloped; reasonable writing, easy to follow. Social section is mainly descriptive with little analysis of the social issues. Limited research, some materials overlooked or misunderstood. Social section is written below standards; research is very limited; failure to identify and discuss relevant issues; argument is lacking or unsound

len1990948

5/21/2018 7:07:42 AM

Financial /Economics 20% (Discuss on financial statements of the company) Financial section is clearly written with very interesting observations within the appropriate word length. Very thoroughly researched, effective use of material; Thorough discussion on financial statements. Financial section is written very well, with some interesting observations; Well researched, appropriate use of materials; financial statements very well discussed. statements. Financial section is well written. Competently researched; good use of materials; good discussion points on financial statements. Financial section is mainly descriptive with little analysis of issues. Limited research, some materials overlooked or misunderstood; or poor discussion on financial statements. Financial section is written below standards; research is very limited; failure to identify and discuss relevant issues; argument is lacking or unsound.

len1990948

5/21/2018 7:07:24 AM

Introduction 10% Introduction is clearly written with very interesting observations within the appropriate word length. (You are required to briefly summarize the following features about the organisation: • Very brief history of the organisation; • Structure (e.g. size, number of employees, line of business, locations); • Key words in mission/plans; • Financial and other performance trends; • Concern for social and environmental/sustainability issues.) Introduction is written clearly with some interesting observations within the appropriate word length. (You are required to briefly summarize the following features about the organisation: • Very brief history of the organisation; • Structure (e.g. size, number of employees, line of business, locations); • Key words in mission/plans; • Financial and other performance trends; • Concern for social and environmental/sustainability issues.) f

len1990948

5/21/2018 7:07:17 AM

Semester 1 High distinction 10 Distinction 7.5 Credit 6.5 Pass 5 Below standards 2.5 Title page, and Table of Contents 5% Title page, and table of contents are provided with an outstanding/ creative format. (Title page must include the title of assignment, student name, student ID, with an appropriate format) Title page, and table of contents’ format show some creativity. (Title page must include the title of assignment, student name, student ID, with an appropriate format) Title page, and table of contents are attractive, display a clear and formal approach, and meet all the requirements. (Title page must include the title of assignment, student name, student ID, with an appropriate format) Title page, and table of contents display a formal approach or they only meet the minimum standards. (Title page must include the title of assignment, student name, student ID, with an appropriate format) Title page, and table of contents provided are below standards. (Title page must include the title of assignment, student name, student ID, with an appropriate format)

len1990948

5/21/2018 7:06:49 AM

(You may submit the assignment more than once, before the due date. Only the latest submission will be marked. Please be advised that it could take a few hours for Turnitin’s Originality Report to be generated. Please also note that Turnitin will only generate one Originality Report in any 24 hour period – so you may have to wait longer to see a report on a resubmitted assignment than on your first submission.) LENGTH: 3,500 – 4,000 words (excluding table of contents, reference list and Appendix (if any- appendix is optional)) (Note: penalties apply to assignments that do not keep to the word limit) MARKS: This assignment is worth 40% of the total assessment for this course.

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