Written Report
Purpose: This assessment is designed to reinforce the subject content and develop students' skills and application of knowledge of the subject content to business situations. This assessment relates to learning outcomes a, b and c.
Topic: This assignment covers the in-depth theoretical concepts with some practical accounting task application based on the topics from the subject.
Corporation - Magellan financial group
Task Details: This assignment requires a consideration of accounting theory concepts with critical analysis with application to General Purpose Financial Reporting by corporations. Students are required to prepare a comprehensive report directed to an Australian ASX Top 100 listed corporation detailing a critical analysis of the effectiveness of the corporation to meet the obligations of the conceptual framework of accounting.
1. Provide a critical analysis of the annual report of the corporation. Consideration of the adherence to AASB, true and fair, conceptual framework, corporations law etc should be considered.
2. Provide a comparison with other corporations listed on the ASX and how well you think your corporation has performed.
3. In summary, please consider if you were given $10,000 whether based on your company and it's annual report information provided whether you would be likely to invest in your company. Construct your summary to support your conclusion.
Weekly Progress Report: Your lecturer / tutor will assign each student specific weekly targets in relation to this assessment. All students must demonstrate to their lecturer / tutor each week (weeks 2 to 6) that their tasks are on schedule. The purpose is to ensure students do not leave the task till the last minute.
The Summary Report: should include data extracted from the General Purpose Financial Report and all relevant material (academic and non-academic) analysed.