Acc101 introduction to financial accounting - you need to


You need to prepare a report on the topic communication & leadership for the introduction to financial accounting.

Learning Outcomes

a) Use the accounting elements (assets, liabilities, equity, revenues and expenses) and the underlying principles as well as their relationships for the purpose of periodic financial reporting

b) Apply the accounting cycle by identifying, journalising and posting transactions and preparing a trial balance

c) Prepare financial statements for different business industries and requirements

d) Solve a range of appropriate accounting problems

Assessment Type: Accounting issues analysis- individual assessment for group contribution. 500 - 750 word contribution per student in the group (2000-3000 words for groups of 4; 2500 - 3750 words for groups of 5). 15 - 20 minute group presentation - all group members must present their parts.

Purpose: To allow students to demonstrate their ability to research, critically analyse trends and issues in accounting and solve standard accounting problems as would arise in the modern accounting environment. The assessment also allows students to further develop their team working and professional communication skills. This assessment relates to Learning Outcomes a, b, c, d.

Students need to support their analysis with reference from the text and a minimum of three (3) suitable, reliable, current and academically acceptable sources - check with your tutor if unsure of the validity of sources.

Groups seeking Credit or above grades should support their analysis with increased number of reference sources comparable to the grade they are seeking.

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Financial Accounting: Acc101 introduction to financial accounting - you need to
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