ACC100 Principles of Accounting Assignment
Assessment Information and Rubric
|Subject Name||Principles of Accounting|
|Assessment Number and Title||Assessment 2 – Financial statement analysis|
|Length / Duration||500 words maximum, and excluding references + Financial statement ratio calculations in an Excel file|
|Submission||Online Submission via TurnitIn for the written report and Excel file(s)|
|Due Date||Weeks 9, Midnight, Sunday at the end of the week.|
|Format||A written report in Microsoft Word/Excel format and the calculations to be completed in Microsoft Excel|
Assessment Description and Instructions
This assessment is set on practical exercises to assess students’ ability to apply theoretical learning concerned with use of accounting information and its analyses and interpretation using ‘real-world’ situation. The pivotal purpose of this task to achieve learning outcomes as has been set out in the unit outline of ACC100.
You need to collect financial statements information of a company listed in Australian Stock Exchange (ASX). A company will be assigned to you by your lecturer.
You are supposed to carry out analyses and interpretations of the assigned company. In particular, you need to calculate relevant ratios based on the financial statements provided in the annual report in the context of the assigned company’s profitability, liquidity, efficiency, solvency, gearing and investment performance. You will only need to carry out two selected areas out of these five areas.
What needs to be carried out to do these ratio analyses?
- Download the annual report of FY2021 / FY2022 or of the assigned company from www.asx.com.au
- Do not print all the annual report – it is too long. Just read the relevant sections and print, if required.
In this section, you need to interpret the company’s performance on the selected two areas from the above five areas. The structure of this section should include company background, analyses on two selected areas, conclusions and findings, and recommendations. Please note that all the sources used in the body of the written assignment must be acknowledged and properly referenced with the page number of the annual report. Please go through the subject outline for all other requirements on the submission of this assignment.
Late penalties apply at the rate of 5% of the assessment mark per day late, to a period up to five days after the due date of the assessment.
This assessment will be discussed in workshops.
It is required that students come to workshops prepared with work they have completed so that they can ask relevant questions to assist their group in completing this assignment accurately and on time.
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