The Concept of Materiality in Accounting

by | Aug 20, 2025 | Business

..2RESEARCH
ESSAY– SEMESTER 1, 2014

INFORMATION

Your research essay must
be submitted on 24 sat may 2014.

The following matters should be given
particular attention its all plagiarism free:

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.
NO extensions will be granted unless supported by appropriate
documentation prior to the due date.

5.
This assignment must be handed in for successful completion
of the course and will count 20marks towards the final mark.

6.
The word count for the research essay is 3000 words.

7.
Please 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).

8.
Points (fractional marks) have also been allocated to each
specific section of your research essay.

RESEARCH
ESSAY TOPIC

“Materiality is nothing more than an informed sense of
proportion. In everyday affairs we are
quite accustomed to the kind of discrimination that is entailed. It therefore seems scarcely necessary to have
an accounting doctrine to tell us to use our common sense. If the idea is extended to discrimination as
between methods rather than as between results, it may acquire greater significance
but generally the illustrations given of its application relate to formal
features of aggregative statements rather than to the quality of the
information they convey.”

Chambers, R. J., 1969, Accounting Finance and Management, Arthur Andersen & Co,
Sydney, p. 421.

1. With reference to the
above statement describe what you understand by materiality. I am going
to giv you some scanned papers, you hav to read those papers about materiality
so you have to put some stuff from those
papers in the assignment and you need to mention in the refrences.

2. Discuss materiality in the
context of the present IASB framework.

3. Select a company from the
Australian Securities Exchange website and download the 2013annual report. Evaluate the effect and treatment of materiality
on the annual report. Capilano honey ltd (czz) it’s a food n
beverage and tobacco company listed in asx….u can get their annual reports from
internet.

4. Comment on the
relationship between materiality and decision useful information with examples
from your selected annual report.

Now I am going to giv you the marking
guide line please follow that. All the headings should be there in the asingmnt
and make sure the wordcount is followed.

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. SELECT … (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. (5-7)

The writing is error-free in terms of
spelling and grammar. (8-10)

Total points possible 300:

Order a similar assignment, and have writers from our team of experts write it for you, guaranteeing you an A

Order Solution Now