ACC201 Financial Accounting Assignment Help

Assessment Information and Rubric

Subject Code	ACC201
Subject Name	Financial Accounting
Assessment Number and Title	Assessment 2a – Group–Case study on selected accounting standard on ASX listed company
Assessment Type	Analyse selected accounting standards on listed company and research
Length / Duration	2000 words
Weighting %	20%
Total Marks	100
Submission	Moodle Assignment submission box
Due Date	Week 7 – Sunday 23:59
Mode	Group submission
Format	Written report in MS word plus graphics (if any)

Descriptions:

This assessment is designed to assess the students’ ability to research on the application of accounting standards and interpret accounting concepts in companies financial reporting. Students need to carry out research on the status of disclosures on selected accounting areas and standards. Also, students will carry out research on the critical evaluation of contemporary technologies that impact accounting.

Context:

 Analysis of ASX listed company’s financial reporting disclosures in the context of Property, Plant and Equipment (PPE), and Intangibles

You will be provided with a selected ASX listed company to analyse the status of disclosures and compliance with AASB116 PPE and AASB138 Intangible Assets. 

Required:

You in the group need to prepare a report on the level of disclosures made by the allocated ASX listed (non-financial sector) company in relation to PPE (AASB 116) and Intangibles (AASB138). You are required to download a recent annual report of 2023/2024 of the allocated company. The company allocation will be provided to you on Moodle. 

 In your report, not least, must include the following aspects:

1. Overview of the Company: You need to discuss the company operations. 
2. Research evidence on corporate compliance: Provide some authentic research on the compliance of accounting standards in financial reporting.
3. Property, Plant, and Equipment (PPE): Provide the status of the PPE disclosures made by the company in their financial statements. You need to address the disclosures requirements related to the recognition, measurement and estimation techniques pertaining to PPE in accordance with AASB116 Plant, Property and Equipment.
4. Intangible AssetsProvide the status of the Intangible assets disclosures made by the company in their financial statements. You need to address the disclosures requirements related to the recognition, measurement and estimation techniques pertaining to Intangible Assets in accordance with AASB138 Intangible Assets.
5. Evaluation of Compliance with Accounting Standards:You need to identify and assess whether the allocated company has complied with AASB136 and AASB138 respectively.
6. Recommendations for Improvement: Based on your findings, provide recommendations for improvement in the company’s financial reporting

In addition to identifying and assessing the compliance of the two standards, you are required to research on extant literation on both PPE and Intangible Assets compliance in financial reporting with authentic articles and examples.

Please note you are required to present in group which is a part of Assessment 2b.

Feedback

Marks and feedback with comments will be provided to students. 

Marking Rubric

Criteria to be Assessed	FL (0-49%)	PS (50-64%)	CR (65 – 74%)	DI (75 – 84%)	HD (>85%)
Overview of the company (10%)	Poorly explain on the company operations – no details	Short explanation on the company operations	Good explanation on the company operations with details	Very good explanation on the company operations with details	Excellent explanation on the company operations with details & mission and vision.
Content analysis on AASB116 PPE of the allocated company (30%)	Lacks understanding of AASB 116 PPE, with little to no relevant analysis or inaccurate information.	Demonstrates a basic understanding of AASB116PPE, with some analysis but limited depth or accuracy.	Provides a good understanding of AASB116 PPE, with adequate analysis and examples from TPG Telecom’s reports.	Shows strong understanding with detailed analysis of AASB116PPE, including a clear explanation of the standard’s application.	Demonstrates an exceptional understanding of AASB116PPE, with in-depth analysis and critical evaluation of the standard’s application in financial reports.
Content analysis on AASB138 Intangible Assets of the allocated company (30%)	Lacks understanding of AASB138 Intangible Assets, with little to no relevant analysis or inaccurate information.	Demonstrates a basic understanding of AASB138 Intangible Assets, with some analysis but limited depth or accuracy.	Provides a good understanding of AASB138 Intangible Assets, with adequate analysis and examples from TPG Telecom’s reports.	Shows strong understanding with detailed analysis of A AASB138 Intangible Assets, including a clear explanation of the standard’s application.	Demonstrates an exceptional understanding of AASB138 Intangible Assets, with in-depth analysis and critical evaluation of the standard’s application in financial reports.
Compliance and Recommendation (10%)	Poor analysis with fewer than 4 peer-reviewed articles, lacking understanding, depth, or relevant engagement.	Limited analysis with 4-6 peer-reviewed articles, showing a basic understanding but lacking depth or breadth.	Adequate analysis with 6-8 peer-reviewed articles, showing basic understanding and some critical engagement.	Strong analysis with 8-10 peer-reviewed articles, demonstrating a good understanding and integration of research.	Conducts an outstanding and comprehensive analysis using at least 10 high-quality peer-reviewed articles, showcasing deep understanding and critical thinking.
Structure and Clarity(10%)	Poorly organized and unclear writing, with significant issues in flow, language, or grammar that impede understanding.	Basic organization with some clarity in writing, though issues in flow or language are noticeable. Frequent grammatical errors.	Adequately organized with some clarity in writing. Several grammatical errors may be present but do not impede understanding.	Well-organized and clearly written, with minor issues in flow or language. Few grammatical errors.	Exceptionally well-organized and clearly written, with a logical flow, precise language, and no grammatical errors.
Referencing (10%)	Flawless adherence to referencing style, with all sources accurately cited and a comprehensive reference list.	Accurate use of style with minor errors, all sources cited, and a complete reference list.	Adequate use of style with several errors, but all sources are cited. Reference list is mostly complete.	Limited adherence to style, with significant errors. Reference list is incomplete or improperly formatted.	Inadequate or missing references, with little to no adherence to the style.