AYB227 International Accounting Assignment Help
QUT Business School School of Accountancy
Background:
As business and financial markets have become increasingly globalized, the significance of the differences in the international financial accounting policies, and disclosure and reporting practices of global corporations, has become more important, especially from the perspective of management, financial analysts, shareholders, pension/superannuation funds and other users of financial statements. For these key interest groups, it is vital not only to be aware of international differences in financial accounting policies and practices, but also to be able to assess their impact on earnings/profits and assets and key performance indicators and ratios, for example, return on assets. Additional key issues in globalized business operations relate to an understanding and appreciation of cultural diversity issues and the global trends in international taxation and international audit.
Purpose:
Completion of this cross-cultural and cross-discipline project is of critical importance to your understanding of the key issues that global corporations and their stakeholders experience on a daily basis. The knowledge required to successfully complete your major project is also of critical importance to your final exam preparation. As highlighted in the weekly submissions’ assessment task, by completing the weekly tutorial work, with appropriate references to the relevant mandatory readings, you are consistently working towards the completion of both your project and the required project reference list.
Availability of Major Project Task:
The Major Project task details are set out on pp. 4–9 of this document. The content needed to complete this project is directly related to the weekly lecture material reviewed and analyzed in the weekly tutorial submissions and presentations. Note also that detailed solutions are provided each week under the Feedback heading to assist you
Major Project Submission Instructions:
Summative Submission of Completed Major Project, Due in by 11:59PM – Friday 11th October, 2019 – Submission via Turnitin Assignment Submission – Specific Penalties will apply for late submission as detailed below.
Note: Failure to reference correctly in your major project may result in you receiving lower marks for this assessment task under HO 2.2.
Late Project Submissions:
In both your QUT study and your professional life you will be expected to meet deadlines. In keeping with this expectation, if you submit your major project after the due date it will not be marked and you will receive a grade of 1 or 0%. If special circumstances prevent you from meeting the assessment due date, you can apply for an extension as set out in your Unit Outline under Assessment Submission and Extensions. You can also access the link ‘apply for an extension’ directly from the ‘yellow box’ in Assessment Folder on the Blackboard. If you don’t have an approved extension, you should submit the work you have completed by the due date and it will be marked against the assessment criteria.
Feedback
After the assignments have been marked, you will be provided feedback with any strengths and weaknesses associated with the assignment submitted, to assist you in your preparation towards the final examination. To ensure that all students receive the same level of feedback and support, please use the Discussion Board Forum that is set up for the ‘Major Project’ on the Blackboard to raise any
queries in respect of the assignment. All students are encouraged to check the Discussion Board for any updates/answers to the queries. It has been a very helpful site for students in previous semesters in completing their assignment.
It is also critically important that you access all the Weekly Tutorial/Presentation Solutions each week – provided under the Feedback Heading.
Assessment Criteria
Please refer to the CRA for the ‘Major Project’ posted under the Assessment tab on Blackboard.
Submission Details
Assignment Length:
The word limit is 1500 words (+ or – 10%) for the answers to your project question. This limit is strictly applied and will apply to ALL content included in the submitted assignment file. The ONLY exclusions are the Executive Summary, Contents Page and the Bibliography if included. All supporting documents (such as annual report extracts), all Tables/Graphs, definitions etc. MUST be placed in separate appendices. These SEPARATE appendices are NOT included in the word limit.
Note: The marker will stop reading your assignment once the word limit has been reached.
Formatting and Referencing:
Please refer to the task requirements for the project – i.e. your final submission must answer all the assignment questions.
Remember that your written expression is important in that we need to be able to understand your answers. That is, your responses should exhibit clear English expression and should contain a minimum number of grammatical errors.
The content of your written, project answers and any supporting appendices should be fully supported by references using QUT’s “Cite and Write” document available from the library website as further detailed in the referencing workshop in Week Two. You may select whichever referencing you prefer (there are four examples given in this referencing document), however, this choice must then be used consistently in your reference list.
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Content of Appendices/Working Papers:
In order for the marker to accurately assess your responses, you must provide copies of the pages from the Annual Reports and Financial Statements that you used for each of your three companies. These extracts must be attached to your written answers to the project questions in your Working Papers/Appendices.
Please retain all drafts of your project answers and appendices until after the final results for the AYB227 subject are formally released.
Individual Project Task Requirements:
Client Details:
Your client is Nippon Telegraph & Telephone Corporation (NTT). Founded in Japan where fast Internet connections are plentiful, Nippon Telegraph & Telephone Corporation (NTT) had a market value of $81.564 billion as of February 2019. Japan highly values fiber connections, and Japanese companies are known to spend heavily to attain the newest Internet technology. This environment has helped boost Nippon Telegraph & Telephone Corporation’s prevalence. Unlike other telecommunications companies, Nippon derives much of its business from fiber Internet connections rather than bundle packages. Increasingly, the company is looking to sales of its cloud computing services to expand its customer base.
https://www.ntt.co.jp/activity/en/global/
Assessment Task Requirements:
Your Role and Investment Task:
You are an independent investment consultant in Australia and you have been employed by the Board of Directors of NTT in order to assist them to improve their investment returns globally. As part of increasing the returns to their investors, NTT has the combined objectives of diversifying investment risk and expanding their investments in global companies who are committed to increased levels of operational transparency including compliance with the International Financial Reporting Standards (IFRS) framework.
To achieve this outcome, the Board of Directors would like to further expand NTT’s operations globally by investing in ONE of the following three industries: Beverages; OR Airlines; OR Pharmaceuticals.
In addition, this investment of 1.5 billion Japanese Yen is to take place through the purchase of shares in an existing, successful, company within the industry selected. The Directors of NTT require you to select your three companies from within the same industry from the 2019 Forbes List of the Largest Public Companies – 2,000 of the largest companies globally are included in this list
