advanced financial reporting
Kent Institute Australia Pty. Ltd. ABN 49 003 577 302 CRICOS Code: 00161E RTO Code: 90458 TEQSA Provider Number: PRV12051 Assessment Brief Version 1: 22nd December, 2016 Unit Advanced Financial Reporting Unit Code AFNR315 Type of Assessment Assessment 3 – Group Business Report Length/Duration Group Assignment – 2000 words Course Learning Outcomes addressed Course Learning Outcomes 2,4,5,6 and 7 Submission Date Week 10 (online submission) Assessment Brief You are required to work on this project in syndicate groups of four or five students. Each group member is expected to contribute information for the final report. The topic on the assignment will be released on Moodle. Students should form their groups by Week 6. Total Mark 20 marks Weighting 20% Students are advised that any submission past the due date without an approved extension or without approved extenuating circumstances incurs a 5% penalty per calendar day. For example, our assessment has total marks of 20. Therefore the late penalty will be 5%*20=1 mark per calendar day. For more information, please refer to (Documents > Student Policies and Forms > POLICY – Assessment Policy & Procedures – Login Required ASSESSMENT DESCRIPTION: The Adani Group is trying to build one of the biggest coal mines in the world. The Carmichael coal mine is a proposed thermal coal mine in the north of the Galilee Basin in Central Queensland, Australia. Mining is planned to be conducted by both open-cut and underground methods. The mine is proposed by Adani Mining, a wholly owned subsidiary of India's Adani Group. The project is set to generate power to 100 million people in India. For Australia, how to use less coal is the challenge. Required: As a financial accounting student you are being invited to submit a report on the proposed Adani coal project. The project has struck resistance from conservationist and traditional owners of the land. Some of the questions to consider in writing a report about the Adani coal project are as follows:- • Identify the revenue streams that the State and Federal Government would receive if the Adani Kent Institute Australia Pty. Ltd. ABN 49 003 577 302 CRICOS Code: 00161E RTO Code: 90458 TEQSA Provider Number: PRV12051 Assessment Brief Version 1: 22nd December, 2016 project is approved. Do you think there is a conflict of interest between income streams to the government, and protecting the environment for future generations? • Should the Australian government extinguish native title for the Adani coal mine? • There are plans to dump the sediment from the black coal on the doorstep of the great barrier reef. Would you allow the project to continue in light of the environment impact statement? • The contribution to carbon emissions, impact on Aboriginal people, and the impact of water pollution on the Great Barrier Reef. • India’s appetite for energy grows and its inability to fulfil demand for energy from domestic sources, causing Indian companies to look abroad to meet its requirements. ASSESSMENT SUBMISSION: This is a group assignment and students are required to work with their respective groups. No individual submission will be accepted. You will not receive any marks for this assignment if your group members collectively report against you for non-participation or non-cooperation. You have to nominate someone as your group leader to coordinate the assignment submission. The assignment must be submitted online in Moodle. All materials MUST be submitted electronically in Microsoft Word format. Other formats may not be readable by markers. Please be aware that any assessments submitted in other formats will be considered LATE and will lose marks until it is presented in MS Word. No paper based or hardcopy submission will be accepted. Our Academic Learning Support (ALS) team would be happy to help you with understanding the task and all other assessment-related matters. For assistance and to book one-on-one meeting please email one of our ALS coordinators (Sydney
[email protected]; Melbourne
[email protected] ). For online help and support please click the following link and navigate Academic Learning Support in Moodle. http://online.kent.edu.au/cms/course/view.php?id=437 GENERAL NOTES FOR ASSIGNMENTS Assignments should usually incorporate a formal introduction, main points and conclusion, and will be fully referenced including a reference list. The work must be fully referenced with in-text citations and a reference list at the end. We strongly recommend you to refer to the Academic Learning Skills materials available in the Moodle. For details please click the link http://moodle.kent.edu.au/kentmoodle/course/view.php?id=5 and download the file “Harvard Referencing Workbook”. Appropriate academic writing and referencing are inevitable academic skills that you must develop and demonstrate. We recommend a minimum of FIVE references, unless instructed differently by your lecturer. Unless specifically instructed otherwise by your lecturer, any paper with less than FIVE references may be failed. Work that includes sources that are not properly referenced according to the “Harvard Referencing Workbook” will be penalised. http://moodle.kent.edu.au/kentmoodle/course/view.php?id=5 Kent Institute Australia Pty. Ltd. ABN 49 003 577 302 CRICOS Code: 00161E RTO Code: 90458 TEQSA Provider Number: PRV12051 Assessment Brief Version 1: 22nd December, 2016 Marks will be deducted for failure to adhere to the word count – as a general rule you may go over or under by 10% than the stated length. GENERAL NOTES FOR REFERENCING High quality work must be fully referenced with in-text citations and a reference list at the end. We recommend you work with your Academic Learning Support (ALS) site (http://moodle.kent.edu.au/kentmoodle/course/view.php?id=5) available in Moodle to ensure that you reference correctly. References are assessed for their quality. You should draw on quality academic sources, such as books, chapters from edited books, journals etc. Your textbook can be used as a reference, but not the lecturer notes. We want to see evidence that you are capable of conducting your own research. Also, in order to help markers determine students’ understanding of the work they cite, all in-text references (not just direct quotes) must include the specific page number/s if shown in the original. Before preparing your assignment or own contribution, please review this ‘YouTube’ video by clicking on the following link: Plagiarism: How to avoid it PLAGIARISM: HOW TO AVOID IT You can search for peer-reviewed journal articles, which you can find in the online journal databases and which can be accessed from the library homepage. Wikipedia, online dictionaries and online encyclopaedias are acceptable as a starting point to gain knowledge about a topic, but should not be overused – these should constitute no more than 10% of your total list of references/sources. Additional information and literature can be used where these are produced by legitimate sources, such as government departments, research institutes such as the NHMRC, or international organisations such as the World Health Organisation (WHO). Legitimate organisations and government departments produce peer reviewed reports and articles and are therefore very useful and mostly very current. The content of the following link explains why it is not acceptable to use non-peer reviewed websites: Why can't I just Google? (thanks to La Trobe University for this video). THE ASSIGNMENT MARKING GUIDE: Total marks Marks awarded Executive summary Identify clearly the objectives of the report Clearly and accurately summarize the main findings in the report 2 Introduction Provide clear background information; The aim(s) of the report are clearly stated The plan on how the report will address the issues are clearly presented 2 Main body Use at lease five highly relevant primary literature to support the investigation of the identified issues. 10 http://moodle.kent.edu.au/kentmoodle/course/view.php?id=5 https://www.youtube.com/watch?v=2q0NlWcTq1Y https://www.youtube.com/watch?v=2q0NlWcTq1Y http://www.youtube.com/watch?v=hqjJyqfceLw http://www.youtube.com/watch?v=hqjJyqfceLw Kent Institute Australia Pty. Ltd. ABN 49 003 577 302 CRICOS Code: 00161E RTO Code: 90458 TEQSA Provider Number: PRV12051 Assessment Brief Version 1: 22nd December, 2016 A succinct, synthesized review of how similar issues have been addressed in the literature. Excellent integration of sources to support argument. Excellent discussions on the issues required in the assignment. Conclusion and recommendations Excellent conclusion of the report with all main argument reiterated. Provide clear and constructive recommendations 2 References Accurate citations and references using Harvard style (both in-text reference and reference list). All sources cited. Appropriate paraphrasing and use of direct quotes 4 Total Marks 20