Recent Question/Assignment

The following matters should be given particular attention:
1. Writing assignments must not exceed the word counts indicated. Double space your pages, use a 12-pt Times New Roman font, use 2 cm margins on all four sides of your page.
2. Your essay must include an abstract/synopsis, introduction, essay body that clearly addresses the problem areas, a conclusion and a properly referenced bibliography. (refer to the research essay marking rubric for further guidance)
3. Evidence of extensive research beyond the prescribed text is required. Ensure these are referenced appropriately in your bibliography. Refer to the statement regarding plagiarism.
4. This assignment must be handed in for successful completion of the course and will count 20marks towards the final mark.
5. The word count for the research essay is 3000 words. Please refer to the Research Essay Marking Rubric for the specific allocation of word count for each specific section of your research essay (refer point 2 above).
6. Points (fractional marks) have also been allocated to each specific section of your research essay.
7. Groups must select a company from the Australian Securities Exchange (ASX) website and download the 2014 annual report. Groups cannot do the same company and preferably from different ASX sectors and should discuss their selection prior to commencing their research essay. No banks allowed.
RESEARCH ESSAY TOPIC
“Income is often described as a ‘flow’ as distinct from a ‘stock’ (e.g. of net assets or capital). Companies do have … net revenues. But that is only one part of the increment in wealth.” Chambers, R. J., 1983, ‘Price Variation and Inflation Accounting, McGraw-Hill Book Company, Sydney, p34.
Today AASB / IASB distinguish the ‘flow’ as either revenue or gains therefore acknowledging the distinction made by Chambers.
Select a company from the Australian Securities Exchange website and download the 2014 annual report.
1. With reference to the above statement describe what you understand by the term ‘income’ and how they are measured using examples from your selected annual report.
2. Discuss ‘income’ and the problems of measurement in the context of the present AASB / IASB standards and framework.
3. Evaluate the categorisation and treatment of ‘income’ in your annual report in the context of AASB / IASB standards and framework.
4. Comment on the relationship between the measurement of ‘income’ and decision useful information with examples from your selected annual report.
RESEARCH ESSAY MARKING RUBRIC – BUACC5934 FINANCIAL ACCOUNTING
Essay Structure, Points (Pts.) and Word Count Does Not Meet Expectations Meets Expectations Exceeds Expectations Points / Grade
Abstract / Synopsis (20pts) 250 words Poorly structured (0-9) Well structured (10-14) Clear and specifically structured (15-20)
Introduction (20pts) 250 words Unfocused introduction (0-9) Good introduction (10-14) Clear and specific introduction (15-20)
QUESTION 1. DESCRIBE… (40pts) 450 words Does not develop description cogently, uneven and ineffective overall organization (0-19) Develops a unified and coherent description within paragraphs with generally adequate transitions; clear overall organization (20-29) Description is exceptional, with logical paragraphs that connect effectively and summarizes statements and objectives at a superior level. (30-40)
QUESTION 2. DISCUSS …
(50pts) 600 words Does not discuss ideas cogently, uneven and ineffective overall organization (0-24) Develops a unified and coherent discussion within paragraphs with generally adequate transitions; clear overall organization relates most of the discussion (25-34) Develops discussion exceptionally well within paragraphs, connects them with effective transitions and summarizes statements and objectives at a superior level. (35-50)
QUESTION3. EVALUATE … (50pts) 550 words Does not describe & develop ideas cogently, uneven and ineffective overall organization (0-24) Describes & develops unified and coherent ideas within paragraphs with generally adequate transitions; clear overall organization relating most ideas together (25-34) Describes & develops ideas exceptionally well, organizes them logically within paragraphs and connects them with effective transitions; summarizes statements and objectives at a superior level. (35-50)
QUESTION 4. COMMENT … (60pts) 650 words. Does not analyse reports adequately, uneven and ineffective overall organization (0-29) Analysis is generally unified and coherent within paragraphs with generally adequate transitions; clear overall organization relating most ideas together (30-44) Analysis is exceptionally within logically constructed paragraphs that connect to make effective transitions; summarizes statements and objectives at a superior level. (45-60)
Conclusion (20pts) 250 words Does not provide a sufficient discussion of conclusions, implications, and consequences that reflects an integration of knowledge. (0-9) Provides a sufficient discussion of conclusions, implications, and consequences that reflects an integration of knowledge. (10-14) Provides a full discussion of conclusions, implications, and consequences that reflects an integration of knowledge. (15-20)

Reference list (10pts) Inadequate(0-4) Adequate (5-7) Appropriate (8-10)
Language (20pts) Uses words that are unclear, sentence structures inadequate for clarity, errors are seriously distracting (0-9) Word forms are correct, sentence structure is effective. Presence of a few errors is not distracting. (10-14) Develops concise standard English sentences, balances a variety of sentence structures effectively. Written at a higher level using complex sentences, advanced vocabulary, and error free. (15-20)
Spelling and Grammar (10pts) Writing contains frequent spelling and grammar errors which interfere with comprehension. (0-4) While there may be minor errors, the writing follows normal conventions of spelling and grammar throughout and has been carefully proof-read. (10-14) The writing is error-free in terms of spelling and grammar. (8-10)
Total points possible 300:
Mark out of 20:*
*Points attained divided by 15 equals mark out of 20

Looking for answers ?


Recent Questions