Controversy relating to accounting in australia


Assignment: This is a group assignment. Each group will consist of two (2) students. Each group is required to identify a current controversy relating to accounting in Australia. Newspapers, magazines and academic journals accessed through library database and internet will be a valuable source of material. Students should then write a 1500 word essay which demonstrates their understanding of the issue, outlines the various arguments surrounding the issue and justifies their own position on the issue with reference to financial accounting concepts and theories.

Understanding of the issue:

  • Demonstrate full understanding of the issue with reference to the extant literature
  • Demonstrate partial understanding of the issue with reference to the extant literature
  • Demonstrate partial understanding of the issue with a little  reference to the extant literature
  • Demonstrate little understanding of the issue with reference to the extant literature
  • Does not demonstrate any understanding of the issue

Arguments revolving around the issue:

  • Demonstrate excellent summarization of the arguments revolving around the issue with reference to the extant literature.
  • Demonstrate good summarization of the arguments revolving around the issue with reference to the extant literature.
  • Demonstrate average summarization of the arguments revolving around the issue with reference to the extant literature.
  • Demonstrate poor summarization of the arguments revolving around the issue with reference to the extant literature.
  • Does not demonstrate any summarization of the arguments revolving around the issue with reference to the extant literature.

Justifies own position on the issue with reference to financial accounting concepts and theories:

  • Shows good analytical skills and able to present information in a professional manner.
  • Shows ability to collect, organize and present information in a cohesive manner.
  • Shows ability to collect, organize and present information.
  • Shows little ability to collect, organize and present information.
  • Shows no analytical skills.

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Accounting Basics: Controversy relating to accounting in australia
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