ACCM4600_T1_2019_Assessment_1_Information_v2.docx ACCM 4600 Assessment Information Page 1 of 4 Updated: 7 March 2019 Subject Code: ACCM 4600 Subject Name: Accounting Theory Assessment Title:...

ACCM 4600


ACCM4600_T1_2019_Assessment_1_Information_v2.docx ACCM 4600 Assessment Information Page 1 of 4 Updated: 7 March 2019 Subject Code: ACCM 4600 Subject Name: Accounting Theory Assessment Title: Individual Case Study Weighting: 60% of overall subject mark Part 1: 20 marks Part 2: 40 marks Due Date: Part 1: Due on Monday of Week 5 (16th April 2019) Part 2 : Due on Monday of Week 10 (20th May 2019) ASSESSMENT INFORMATION Subject Learning Outcome 1: Research and argue a position in regard to a contemporary issue in the accounting profession Submission: The written assignment will need to be submitted electronically through the student portal – use the link under “Assessments” to submit the information via turnitin. (The portal will close at 19.55 AEST – Please note to adjust for the time difference if needed) Required: 1. Prepare a research plan and evaluate the information sources to be used in Part 2. This research plan should be approximately 1500 words. 2. Write a report based on the assignment details noted below. Your final report (Part 2) should be approximately 3000 words not including references, abstract and appendices. You should include a word count on your report. Submissions that exceed the word count by more than 20% will cease to be marked from the point at which that limit is exceeded. The Assignment is designed to test the following skills: 1. Your knowledge, your ability to research the issues and then critically analyse the information appropriately using judgement to answer the research questions raised. 2. Your communication skills – report writing Please make sure you follow the guidelines noted in your subject outline especially those relating to presentation of written work, late policy and academic integrity. You should also familiarise yourself with the assessment marking rubric (a separate document) to guide you in how you can score marks. ACCM 4600 Assessment Information Page 2 of 4 Updated: 7 March 2019 Individual Research Assignment – Case Study Case Study Details: You work for a large consulting firm. Several of your retail clients are interested to understand the reasons behind the corporate failure of Dick Smith Holdings Ltd. As you are a recent accounting graduate your manager has tasked you with writing a draft report on the corporate collapse of Dick Smith. The report will be available to clients and used as a marketing tool to showcase the skills of your consulting firm. The key elements of your report should be understandable to both accountants and non- accountants (the ultimate audience in client firms includes non-accounting professionals). Your manager has requested that the report contains (but is not necessarily restricted to) responses to the following aspects: 1) Background of Dick Smith Holdings Limited 2) What are the strategic errors which were made by management which contributed to this collapse? 3) What are the accounting practices used which contributed to the collapse of Dick Smith Holdings Ltd? 4) What are governance issues which contributed to this collapse? 5) What are the lessons learnt of the collapse of Dick Smith Holdings Ltd? It is important that your report comes to some clear conclusions and makes some practical recommendations for other retailers to follow in order to avoid making the same mistakes as Dick Smith. You are aware of some excellent literature on the topic of corporate failure you will also incorporate in this report. You can include any information in the report which you think will assist your clients to better understand this important topic. You must support your arguments and hence use at least ten resources to inform your discussion. The library databases (http://elearning.kbs.edu.au/course/view.php?id=159) will provide many useful journal articles on this topic. After you have submitted the report plan (Part 1) to your manager, they will provide some feedback on your work to assist you with the final report (Part 2). IN PART-2, YOUR MANAGER IS KEEN THAT YOU INCLUDE A RESPONSE TO THEIR FEEDBACK AT THE END OF YOUR REPORT, AFTER THE REFERENCES. YOU MUST OUTLINE HOW YOU WERE ABLE TO REFLECT ON THIS FEEDBACK, AND ON ANY AREAS FOR IMPROVEMENT YOU IDENTIFIED YOURSELF, IN ORDER TO ENHANCE YOUR FINAL REPORT. ACCM 4600 Assessment Information Page 3 of 4 Updated: 7 March 2019 Individual Research Assignment – Case Study REQUIRED: You need to provide this information requested above in a report format in two stages as outlined below. Part 1: 20% due week 5 – Evaluating information resources and research plan – detailed instructions: 1) 1) Based on the above scenario, answer the following questions: a) What is the purpose of your report? b) What is the audience for your report? c) What are the (key) decisions to be made? d) What information would help you to make these decisions? e) When you search for relevant information (in a database for example) what keywords will/are you using? 2) Identify 10 sources relevant to the project (e.g. journal articles, textbooks, websites etc.). At least 4 of these must be academic journal articles but there should be a variety of different sources used. 3) Complete a source analysis on 3 of the 10 sources with full bibliographic references. At least 2 of these sources must be academic journal articles. Refer to the source analysis template. 4) Provide a full plan of main and sub headings of the report (include appropriate numbering). Resources to help you understand these requirements and in particular the source analysis template are provided on Moodle, including explanatory documents, marking rubrics and slides (which accompany a presentation by your lecturer in week 2). The word limit for Part 1 is 1500 words. ACCM 4600 Assessment Information Page 4 of 4 Updated: 7 March 2019 Part 2: 40% due week 10 Final Business Report 40% comprising of: Business report technical content 30% Business report format, language and presentation 10% Note: The Assessment Rubric or marking rubric is a separate document and you are advised to read through it to obtain guidance on how the lecturers will mark your assignment. A summary of the mark allocation is given below: Technical Skills – content 30 Marks Professional Competency Skills Report Writing Skills: Feedback response, Format, Language and Presentation 10 Marks Evaluating information resources and research plan 20 Marks Assignment Mark 60 Marks Note: The word limit for part 2 is 3000 words. Head Office Letterhead ACCM 4600 | Assessment 2 - Assignment Marking Rubrics Part 2 Individual Research Assignment 40% of 60% overall ACCM4600 AT&C1 – Assignment Part 2 Rubrics T1 2019 Page 1 of 7 Please note that this task has been designed to measure subject learning outcomes 1 and 4 LO1: Research and argue a position in regard to a contemporary issue in the accounting profession. The assignment assesses the following outcomes: 1. Your knowledge and your ability to research the issues outlined 2. Your ability to selectively apply the information appropriately to the given scenario 3. Your ability to use judgement correctly in selecting and designing an appropriate response with suitable references. 4. Professional Competency Skills - Communication skills: report writing skills Overall Marks – Assessment 2: Individual Research Assignment Summary: Marks Awarded Marks Available Part 1 Evaluating information resources and research plan (from part 1 rubric) 20.00 Part 2 Final Business Report: 40 marks comprising: (A) Business report technical content 30.00 (B) Business report format, language and presentation 10.00 ASSESSMENT 2 - ASSIGNMENT 60.00 The assessment rubrics below set out the specific criteria that will be used to assess this task and descriptions of different levels of achievement for those criteria. The different levels of achievement for each criterion have a range of marks attached. To improve your performance, it is helpful to;  review the indicators in the rubrics and make sure you understand these in terms of marker expectations • review marker feedback on your assessments • review the relevant topics. In reviewing the topics: • look in detail at relevant examples • review relevant learning activities • review required readings and further resources. ACCM 4600 | Assessment 2 - Assignment Marking Rubrics Part 2 Individual Research Assignment 40% of 60% overall ACCM4600 AT&C1 – Assignment Part 2 Rubrics T1 2019 Page 2 of 7 Name: Student ID: Part 2: Final Business Report: Technical Content 30% CRITERIA High Distinction 85 – 100% Distinction 75 - 84% Credit 65 – 74% Pass 50 – 64% Fail 0 – 49% Mark Awarded Background 3 marks Excellent background of Dick Smith Holdings Ltd. Insightful analysis of Dick Smith Holding Ltd Thorough background to Dick Smith Holdings Ltd. Very good analysis of the Dick Smith Holdings Ltd Some background to Dick Smith Holdings Ltd. Useful analysis of the Dick Smith Holdings Ltd Limited background to Dick Smith Holdings Ltd. Some analysis of the development and expansion of Dick Smith Holdings Ltd. Little or no background to Dick Smith Holdings Ltd. No analysis of the development and expansion of Dick Smith Holdings Ltd. Strategic Errors 5 marks Clearly expressed and thought- provoking analysis of the strategic errors which led to the failure of Dick Smith Holdings Ltd Well expressed analysis of the impact on the strategic errors which led to the failure of Dick Smith Holdings Ltd Helpful analysis of the impact on the strategic errors which led to the failure of Dick Smith Holdings Ltd. Basic analysis of the impact on the strategic errors which led to the failure of Dick Smith Holdings Ltd Limited analysis of the impact on the strategic errors which led to the failure of Dick Smith Holdings Ltd Accounting Practices which contributed to the collapse of Dick Smith Holdings Ltd 6 marks Outstanding and