It should be done in MS-Word.
ACC601 Group Assessment T1 2020 Page 1 of 4 ACC601 Group Assessment T1 2020.docx International College of Management, Sydney Subject Title Accounting for Business Decisions Subject Code ACC601 Assessment Group Assignment Assessment total 25% Date and time due Sunday, 11.55 pm, End of Week 12 Instructions All assignment must be submitted by 1 Group member through TurnitIn. Students to show calculations of relevant ratios Length: 2,000 words Student Name Student Number Marking Sheet Your mark Question 1 (40 marks) Question 2 (30 marks) Question 3 (30 marks) / 100 Page 2 of 4 ACC601 Group Assessment T1 2020.docx ACCOUNTING FOR MANAGEMENT DECISIONS – ACC601 Group Assignment – Date due: End of Week 12 Financial Statement Analysis This assignment involves analysing the financial statements and other information relating to a number of Australian public companies. These companies are listed below. Your group of a minimum of 3 and no more than 6 students must allocate these companies within the group to a group member and that group member is responsible for the calculations and analysis of that individual company. Some group members may be responsible for more than one company if you have less than 6 people in your group. Alternatively, you may decide to calculate all companies as a group. The assignment is divided into several tasks, some of which must be completed individually, that is, each member of the team is responsible for drafting an answer in respect of at least one of the listed companies. Other tasks require that the team come together to analyse the results provided by individual group members on each of the listed companies to provide a group answer. Please note: it is a group assignment - so prior to submission - it is the responsibility of every member of the team to confirm that they agree with the answers provided by the team in relation to all companies. This provides an opportunity for all team members to help each other develop some analytical and interpretative skills. Page 3 of 4 ACC601 Group Assessment T1 2020.docx Listed Company Name Stock Code Student Name Student ID Initial to confirm that you contributed a fair share to this assignment and agree with all answers provided. Australian Pharmaceutical Industries Limited API Super Retail Group Limited SUL JB Hi Fi Limited JBH Bega Cheese Limited BGA Domino’s Pizza Enterprises Limited DMP Blackmores Limited BKL Page 4 of 4 ACC601 Group Assessment T1 2020.docx FACT SET • Go to the website for your allocated company and obtain the Annual Reports for 2017 and 2019, which includes the Income Statement, Balance Sheet, Statement of Cashflows and Notes to the Accounts. The 2017 Annual Report contains information for 2016 and 2017, respectively, and the 2019 Annual Report contains information for 2018 and 2019, respectively. You will find this information generally under the Investor section of these companies’ websites. TASKS 1. Based on the information contained in these statements calculate the following ratios for each company for the relevant financial years. You must show the formula used and your calculations. a. The Net Profit Margin; b. Current Ratio; c. Inventory Turnover; d. Asset Turnover Ratio; e. Leverage Ratio; f. Return on Equity; g. Return on Total Assets; h. Earnings per share (EPS); i. Net Debt to Equity Ratio; and j. Total Return to Shareholders. [40 Marks] 2. Using the ratios calculated in Task 1 of this case study, compare and contrast the financial performance of the companies over the period of your analysis. [Provide a single agreed answer per team.] [30 marks] 3. Compare and contrast the current market value of each company. Use the ratios you have collected, other information from the media to provide observations about the value of these companies (i.e. cheap or expensive?) [Provide a single agreed answer per team.] [30 marks] TOTAL MARKS • 100 marks ASSESSMENT TEMPLATE___________________________________________________ Page 1 of 3 ACC601 - Group assignment S1 2020 Subject Title Accounting for Business Decisions Subject Code ACC601 Lecturers/ Tutors Lee Ridge, Ilja Nastjuk Trimester T1, 2020 (February) Assessment Title Critical Appraisal Report Learning Outcome/s b, c, e Assessment type (group or individual) Group Weighting 25% Time limit / word count 2,000 – 2,500 Due date Sunday, end of Week 12, midnight Class submission Lecture ☐ Tutorial ☐ Submission type Paper copy ☐ Turnitin ☒ Format / Layout of Assessment (details of what to include) (cross the appropriate check boxes) Report: ICMS cover page Table of contents Synopsis / executive summary Introduction Findings Conclusion Recommendations Reference list Appendices ☒ ☐ ☒ ☒ ☒ ☒ ☒ ☒ ☐ Assessment instructions (clear, succinct, without repetition) Introduction Analysing financial statements is an important role for accountants. This assignment requires organisational skills to obtain the relevant information (company Annual Reports); organise the information so that ratios can be correctly and consistently calculated and then undertaking research to provide a written analysis of the financial performance of these companies. This task requires a critical analysis of the financial and other information and to provide a combined answer that is thorough and if possible, provide some original insights as well as supported by accurate calculations. ASSESSMENT TEMPLATE___________________________________________________ Page 2 of 3 ACC601 - Group assignment S1 2020 Task description As post-graduate students, your group will explore a case study or real-life problem that you have found with respect to international accounting. In groups of six students, provide a report: Each group is required to submit only one (1) copy of their 2,000 – 2,500 word report in Word format as well as an Excel file with their calculations of the various financial statement ratios. For this report, you will be expected to: - • Accurately calculate the various financial statement ratios as required (using Excel is HIGHLY RECOMMENDED. • State what international accounting were used, what the findings are interpret the findings (what does it all mean? What are the insights that you discovered?) Submission requirements Report: you must submit a Word version of your report to TurnItIn by midnight Sunday at the end of Week 12. If you fail to submit a report, you lose marks. Requirements for all group members (i) Read and understand the assignment question (ii) Participate in completing all stages of this task (iii) Group leaders should inform the lecturer about members who are not participating in the group work satisfactorily, and do so early Your overall marks will be affected in these ways: (i) group members who clearly do not participate satisfactorily in the presentation (arrives late, clearly shows a lack of preparation etc.) → lower marks for group, extra deduction of marks for the problematic member in question (ii) group members who do not attended group meetings and do not do group work prior to presenting → that group member will be given 0% (iii) group members fail to notify the lecturer early that they are unable to complete this assignment on the due date → the group will be given 0% There will be no negotiations regarding the above. Readings for the assessment (instructions on where they can be found (e.g., MyAthens database, Moodle) Your focus should be to use the materials given to you by your lecturer (such as the material made available on Moodle) as a basis for your analysis. Students are required to research the various companies to gain background knowledge as well as knowledge of any events that have occurred subsequent to the last financial statements being published and made publicly available. P{lease contact the Librarian for information on how to undertake such research. ASSESSMENT TEMPLATE___________________________________________________ Page 3 of 3 ACC601 - Group assignment S1 2020 Written Assignment – to be provided Understand what your grades mean Description of the grades, from the ICMS Handbook: HD (high distinction): Denotes performance which meets all subject outcomes in such an exceptional way and with such marked excellence that it deserves the highest level of recognition D (distinction): Denotes performance which clearly deserves a very high level of recognition as an excellent achievement in the subject C (credit): Denotes performance which is substantially better than would normally be expected of competent students in the subject P (pass): Denotes performance which satisfies subject outcomes F (fail): Denotes performance which does not meet subject objectives Remember… To get a HD, your work must be “exceptional” and “excellent” such that you deserve the “highest… recognition”. A presentation like this would be a special one that is practically flawless. D means the work “clearly deserves” to be called “excellent”. A presentation like this gets everything correct, even if it isn’t special or fancy. C means it’s better than average. There are some minor mistakes here and there, nothing seriously wrong, nothing very special, but interesting, nice, acceptable (most groups tend to get this). P happens when you fulfil just the basic minimum and survived: you got some ideas correct, the audience thought you were unclear or not so professional but understood you somewhat. F happens if you got many concepts and calculations wrong or failed to present. Grading Criteria / Rubric https://handbook