ASR Assignment 会计准则 Standards & Regulations 代写

  • 100%原创包过,高质代写&免费提供Turnitin报告--24小时客服QQ&微信:120591129
  • ASR Assignment 会计准则 Standards & Regulations 代写


    Accounting Standards & Regulations – 22420 – Autumn 2017
    1
    ASR Assignment 1 (20%)
    Background
    During May 2014 the International Accounting Standards Board (IASB) and the Financial Accounting Standards
    Board (FASB) issued IFRS 15 revenue from Contracts with customers which is applicable from 1 January 2018
    (early adoption is permitted). Accordingly, in December 2014 the AASB issued AASB 15 which will replace AASB
    111 and ASB 118 (and AASB 1004 which deals with non-for profits).
    [To access AASB 15 please visit http://www.aasb.gov.au/admin/file/content105/c9/AASB15_12-
    14_COMPoct15_01-18.pdf]
    Required
    You are a recent graduate working for a Big 4 accounting firm and your manager has asked you to prepare a
    report which is to be presented to the auditing team for either Telstra, Qantas or Lend Lease. The report
    should:
    a) outline how companies are required to account for revenue under the new AASB 15;
    b) explain why the IASB has issued AASB 15 in place of the existing revenue standards (118, and 111)
    c) report the possible impacts that the new recognition criteria will have on your chosen company's
    current operations and financial statements.
    d) Evaluate the flexibility management has available in the accounting choices related to revenue
    recognition under the new standard.
    Format
    Your assignment must be set out as a report with the three sections (a) (b) (c) (d) clearly shown. You must link
    your discussion to relevant accountings standards, including references to specific paragraphs. You must carry
    out independent research to complete this assignment and you must cite relevant academic (where relevant)
    and practitioner articles that support the material and views you present. Use Harvard style referencing.
    Your report must be typed using 12 point font, 1.5 line spacing and 2.5 cm margins on all sides, with a
    maximum length of 1300 words (excluding references, executive summary and appendices). You do not need
    an introduction or conclusion. State the word count at the beginning of the assignment. Refer to the UTS
    Business School Guide to Writing Assignments (link below) on recommendations and suggestions on how to
    structure your report. All material (excluding executive summary, references and appendices) over 1300 words
    will be disregarded.

    ASR Assignment 会计准则 Standards & Regulations 代写
    https://www.uts.edu.au/sites/default/files/business-writing-guide-2014.pdf
    A soft copy of your report is due to turnitin on Wednesday 12 th April 2017 and a hard copy is to be handed in
    during your enrolled tutorial class. Assignments submitted (soft and hard copies) after the due date may
    attract a penalty of 10% per day. Save your word document using your student number as the file name (don't
    forget to include your name and student number in the header of your word document!).
    Marking Guide 
    Parts (a), (b), (c) and (d) are each worth 10 marks. In addition, presentation and communication are worth 10
    marks combined. This gives a total mark of 50 for the report, which will be converted into a mark out of 20.
    Your report should address each of the parts equally. Attached is the marking scheme that will be used in
    marking your report. This report is worth 20% of your total subject marks.
    Accounting Standards & Regulations – 22420 – Autumn 2017
    2
    Attachment: Assignment part 2 marking matrix
    The criteria and weighting of each criterion used to mark your assignment are listed below:
    Well below
    acceptable
    Below
    acceptable
    Acceptable
    Above
    acceptable
    Well above
    acceptable
    Presentation and Communication (10 marks) 
    Title Page 
    Title of assignment, subject name, student number and
    name is given
    Body/Discussion 
    Body is organised into main sections and sub-sections 
    Sections and sub-sections have appropriate headings 
    Report organisation suits requirements 
    Main issues relevant to the topic are explained 
    Other 
    Report is the correct length 
    Correct formatting (i.e. font/spacing) 
    Tables/graphs are used correctly (if appropriate) 
    Writing Style 
    Information flows logically; Report is easy to follow 
    Paragraphs are well constructed 
    Grammar 
    Sentence structure is grammatically correct 
    Tenses are used correctly and spelling is correct 
    Referencing 
    Statements made in-text are referenced 
    In-text reference format is correct 
    End-text references format is correct
    Content (40 marks)
    Part A (10 marks) 
    Main requirements of AASB 15 identified
    and discussed.
    Part B (10 marks) 
    Reason for new standard identified, discussed
    and contrasted with existing requirements.
    Part C (10 marks) 
    Implications of amendments to chosen company
    identified and discussed with detail and references
    to specific figures and items from annual report.
    Part D (10 marks) 
    Flexibility management has in recognising revenue
    under the new standard is clearly illustrated.
    ASR Assignment 会计准则 Standards & Regulations 代写