HA3011 Advanced Financial Accounting Assignment

Assessment Details and Submission Guidelines
Trimester	T3 2021
Unit Code	HA3011
Unit Title	Advanced Financial Accounting
Assessment Type	Assignment
Assessment Title	Individual Assignment
Purpose of the assessment	Students are required to follow the instructions and announcements posted on Blackboard with regard to the details of the submission instructions and the deadline. This individual assignment will assess students based on the following Learning Objectives: 1. Explain and assess standard setting procedures, the theoretical model of accounting, including theories of regulation and corporate governance 2. Appreciate an enhanced understanding of the role of conceptual framework and the development in financial reporting environment 3. Apply judgement, communication and problem-solving skills to deal with advanced financial accounting issues 4. Examine, reflect on and evaluate theories that explain corporate social and environmental reporting, including integrated reports and sustainability;
Weight	25% of the total assessments
Total Marks	25
Word limit	3000 words
Due Date	Due Date: 11:59 PM on Friday 04 Feb 2022 of week 10 (Please refer to Announcements on Blackboard for accurate information about the final due date)
Submission Guidelines	All work must be submitted via SafeAssign on Blackboard by the due date. The assignment must be in MS Word format, no spacing, 12-pt Arial font and 2 cm margins on all four sides of your page with appropriate section headings and page numbers. Reference sources must be cited in the text of the report and listed appropriately at the end in a reference list using Harvard referencing style. Must strictly follow the assignment submission instructions posted on Blackboard.

HA3011 Advanced Financial Accounting

Assessment Design – Adapted Harvard Referencing

Holmes will be implementing as a pilot program a revised Harvard approach to referencing. The following guidelines apply:

Reference sources in assignments are limited to sources which provide full text access to the source’s content

for lecturers and markers.

The Reference list should be located on a separate page at the end of the essay and titled: References.
It should include the details of all the in-text citations, arranged alphabetically A-Z by author surname. In addition, it MUST include a hyperlink to the full text of the cited reference

For example;

P Hawking, B McCarthy, A Stein (2004), Second Wave ERP Education, Journal of Information Systems Education, Fall, http://jise.org/Volume15/n3/JISEv15n3p327.pdf

All assignments will require additional in-text reference details which will consist of the surname of the author/authors or name of the authoring body, year of publication, page number of content, paragraph where the content can be

For example;

“The company decided to implement a enterprise wide data warehouse business intelligence strategies

(Hawking et al, 2004, p3(4)).”

Non-Adherence to Referencing Guidelines

Where students do not follow the above guidelines:

Students who submit assignments which do not comply with the guidelines will be asked to resubmit their
Late penalties will apply, as per the Student Handbook each day, after the student/s have been notified of the resubmission
Students who comply with guidelines and the citations are “fake” will be reported for academic

Academic Integrity

Holmes Institute is committed to ensuring and upholding Academic Integrity, as Academic Integrity is integral to maintaining academic quality and the reputation of Holmes’ graduates. Accordingly, all assessment tasks need to comply with academic integrity guidelines. Table 1 identifies the six categories of Academic Integrity breaches. If you have any questions about Academic Integrity issues related to your assessment tasks, please consult your lecturer or tutor for relevant referencing guidelines and support resources. Many of these resources can also be found through the Study Skills link on Blackboard.

Academic Integrity breaches are a serious offence punishable by penalties that may range from deduction of marks, failure of the assessment task or unit involved, suspension of course enrolment, or cancellation of course enrolment.

Table 1: Six Categories of Academic Integrity breaches

Plagiarism	Reproducing the work of someone else without attribution. When a student submits their own work on multiple occasions this is known as self-plagiarism.
Collusion	Working with one or more other individuals to complete an assignment, in a way that is not authorized.
Copying	Reproducing and submitting the work of another student, with or without their knowledge. If a student fails to take reasonable precautions to prevent their own original work from being copied, this may also be considered an offence.
Impersonation	Falsely presenting oneself, or engaging someone else to present as oneself, in an in-person examination.
Contract cheating	Contracting a third party to complete an assessment task, generally in exchange for money or other manner of payment.
Data fabrication and falsification	Manipulating or inventing data with the intent of supporting false conclusions, including manipulating images.

Source: INQAAHE, 2020

If any words or ideas used the assignment submission do not represent your original words or ideas, you must cite all relevant sources and make clear the extent to which such sources were used.

In addition, written assignments that are similar or identical to those of another student is also a violation of the Holmes Institute’s Academic Conduct and Integrity policy. The consequence for a violation of this policy can incur a range of penalties varying from a 50% penalty through suspension of enrolment. The penalty would be dependent on the extent of academic misconduct and your history of academic misconduct issues.

All assessments will be automatically submitted to Safe Assign to assess their originality.

Further Information:

For further information and additional learning resources please refer to your Discussion Board and assessment details on Blackboard for the unit.

Assignment Specifications

Purpose:

This assignment aims at assessing students on the Learning Outcomes 1 to 4 as mentioned above.

Assignment Instructions and Requirements

Each student has been allocated a subject company for completing this assignment. In the excel file “Find Your Company” locatedunder“Assessments” on Blackboard, you will find the listed company that you have been allocated for this assignment.

Important note: You are NOT allowed to select your own companies. You must complete this assignment with the subject company that you have been allocated. Your assignment will not be marked if you use a different company to the one that you have been allocated, or you will be asked to resubmit your assignment using the correct company. Students are not allowed to complete the assignment using the same company as used by another student.

Go to the website of your subject company. Then go to the Investor Relations section of the website. This section may be called: “Investors”, “Shareholder Information” or similar titles. In this section, find the company’s annual report. Download the firm’s latest annual report and save it to your computer. For example, these reports may be dated 30 June 2019 or 30 June 2020. Do not use your firm’s interim financial statements or their concise financial statements.

Once you have downloaded the latest annual report for the company allocated to you, you are required to undertake the following tasks:

Apply relevant knowledge that you have learned from this course, examine the annual report of your subject company and other relevant information that you have obtained via your research and undertake the following tasks:

From the annual report of your allocated company and in respect to the general-purpose financial statements, describe the scope and objectives of the conceptual framework for financial accounting, including qualitative
Identify and discuss if your allocated company is a reporting entity or not, provide specific and detailed examples / factors from your allocated company to support your argument and indicate the implications of being deemed to be a reporting
Describe, discuss and comments on the recognition and measurement policies of your allocated company in relation to revenue and
Describe, explain and comments on impairment assessment policy of your allocated company. For additional guidance for marks allocation, please refer to the marking rubric / guide

Assessment Criteria

Assessment of this assignment will be based on the criteria listed below.

Assignment Structure and Marking Criteria	Weighting
Structure and organization of the assignment (report format)	2%
Introduction of the assignment	1.5%
Assignment Content: 1. From the annual report of your allocated company and in respect to the general- purpose financial statements, describe the scope and objectives of the conceptual framework for financial accounting, including qualitative characteristics 2. Identify and discuss if your allocated company is a reporting entity or not, provide specific and detailed examples / factors from your allocated company to support your argument and indicate the implications of being deemed to be a reporting entity 3. Describe, discuss and comments on the recognition and measurement policies of your allocated company in relation to revenue and expenses. 4. Describe, explain and comments on impairment assessment policy of your allocated company	16%
Conclusion of the assignment	1.5%
Language and presentation	2%
Adapted Harvard References	2%
Total	25%

Please strictly follow the assignment submission instructions and ensure that this assignment is your own work. Please read the revised Holmes Academic Integrity policy carefully. It is the responsibility of the student who is submitting the work, to ensure that the work is in fact her/his own work. For further details, please refer to the Unit Outline and Student Handbook. It is essential that students use a standard referencing style in their assignments – Holmes Institute uses the Holmes Adapted Harvard Referencing style.