ACCOUNTING-BAO3309 ADVANCED FINANCIAL ACCOUNTING

BAO3309
ADVANCED FINANCIAL ACCOUNTING

Research Assignment:

A. Review current AASB framework which is also known as “Framework for the
Preparation and Presentation of Financial Statements” and provide a critical analysis of different
measurement bases.

B.
From a review of 2011 annual
reports/financial statements of twoAustralian firms listed in ASX from
different industries, identify and briefly discuss different measurement bases
used by these firms and provide explanation
about the implications of using these measurement bases.

C.
Explore the relationship between
accounting information and market reaction with reference to measurement issuesby usingthe relevant research literature.

The following matters should be given particular attention:

1.
Evidence of extensive
research beyond the prescribed texts is required. Ensure these are referenced
appropriately in your references using Harvard referencing.

2.
Students should use research databases available through the university’s
library

3.
Assignment
must be typed and properly documented.

Students
must submit both printed and electronic copy of assignment throughWeb-CT
turnitin.
Assignment should be no greater than 2000 words double-spaced with a 3cm left
margin. A word count must be
displayed on the title page of assignment.(Note: Word count does not include abstract, graphs, tables, and
references).

Warning: Failure to submit both printed and electronic copies of
assignment through Web-CT Turnitin will result in a fail grade and where
student’s printed copy of submitted assignment is different from Turinitinelectronic
copy of the assignment then only Turnitin assignment will be marked.

4.
NO
extensions will be granted unless supported by appropriate documentation prior
to the due date. An application for an extension must use an application for
extension of assessment form, submit an application on or before a due date to
unit coordinator, be accompanied by a medical certificate or similar evidence,
be acc

Note: Poor organisation and work
commitments are not grounds for an extension. Students’ are responsible to
protect their work and save data by making necessary backup. Therefore, loss of
data due to computer or storage devices problems will not be considered a valid
reason for an extension.

MARKING SCHEME RESEARCH
ESSAY

Mark out of 100

Assessment Structure	Excellent	Very Good	Good	Average	Marginal	Poor	Very Poor
1. Synopsis/abstract (10)
2. Part A (25)
3. Part B (25)
4. Part C (30)
5. Referencing and citations (5)
6. English expression, coherence, grammar and spelling (5)

Assessment criteria to be applied on Assessments 1 to 6

Excellent: Work fulfilling the above
criteria to an outstanding degree, in particular demonstrating excellence in
sustained argument, critical thought and synthesis of material from diverse
sources.

Very Good: Work demonstrating extensive
knowledge and understanding of major content areas and issues; the ability to
appropriately synthesise material from a range of sources; a well developed
capacity for critical analysis of key issues and concepts; the ability to
present a defensible personal perspective on issues; evidence of wide reading
in relevant areas of the discipline; high quality presentation.

Good: Above average
work demonstrating good knowledge and understanding of major content areas and
issues; demonstration of some capacity for critical analysis; the ability to
present a perspective on issues; evidence of reading in relevant areas of the
discipline; high quality presentation.

Average: Work of ‘average’ standard
which demonstrates a average comprehension both of basic concepts and some
issues, based on class work and some further reading in the area; some ability
to compare key concepts and theoretical perspectives; average presentation,
particularly in regard to structure, expression and referencing.

Marginal: Work which shows a basic
understanding of key elements of the subject matter at a descriptive level,
based mainly on attendance at lectures; satisfactory presentation with some
deficiencies in structure, expression and referencing.

Poor: Work which shows
little evidence of knowledge or understanding of the subject matter and is
unsatisfactorily presented, particularly in regard to structure, expression and
referencing.

Very poor: Work which shows
no evidence of knowledge or understanding of the subject matter.