Criteria N N P C D HD Criterio Score (1a) Transaction analysis (25/100 marks). ULO1 and GLO1 3.6 points Demonstrates no understanding of concepts and their application. (0 – 7.2 marks) 9.9 points...

1 answer below »
Please ensure you submit two files– one for Part 1, and another for Part 2. Please ensure both submissions are in Word


Criteria N N P C D HD Criterio Score (1a) Transaction analysis (25/100 marks). ULO1 and GLO1 3.6 points Demonstrates no understanding of concepts and their application. (0 – 7.2 marks) 9.9 points Demonstrates little understanding of the concepts. Transactions either omitted or partially or incorrectly recorded. Needs work on treatment and understanding of depreciation and balance day adjustments. (7.5-12.2 marks) 13.6 points Transactions recorded correctly to an acceptable level but needs further improvement of depreciation and treatment of balance day adjustments. (12.5-14.7marks) 16.1 points Demonstrated good understanding of transaction analysis. Some errors or inconsistencies associated with depreciation calculations and treatment of balance day adjustments. (15-17.2 marks) 18.6 points Demonstrated very good understanding of transaction analysis and accounting equation with most calculations and balance day adjustments correct. (17.5 – 19.7 marks) 25 points Demonstrated an exemplary understanding of concepts and their application. Exemplary transaction analysis and treatment of both depreciation and balance day adjustments. (20-25 marks) / 25 (1b) Income statement (10/100 marks). ULO1 and GLO1 1.5 points Income statement either not attempted, or showed no understanding of classification or presentation. (0 – 2.9 marks) 4 points Income statement attempted but no clear evidence of understanding classification or presentation. (3-4.9 marks) 5.5 points Most entries correct along with classification and report presentation. (5- 5.9 marks) 6.5 points Fundamentally good report showing good understanding of classification and report presentation. (6 – 6.9 marks) 7.5 points Very well presented Income Statement. Very good classification and treatment of depreciation and balance day adjustments all included. (7 – 7.9 marks) 10 points Shows an exemplary command of Income Statement presentation and classification with all accounts included. (8-10 marks) / 10 (1c) Balance sheet (15/100 marks). ULO1 and GLO1 2.2 points Balance sheet either not attempted, or showed no understanding of classification or presentation. (0. – 4.3 marks) 5.9 points Balance sheet attempted but no clear evidence of understanding classification or presentation. (4.5 – 7.3 marks) 8.2 points Most entries correct along with classification and report presentation. (7.5 – 8.8 marks) 9.7 points Fundamentally good report showing good understanding of classification and report presentation. (9- 10.3 marks) 11.2 points Very well presented Balance Sheet. Very good classification and treatment of depreciation and balance day adjustments all 15 points Shows an exemplary command of Balance Sheet presentation and classification with all accounts included. / 15 included. (10.5-11.8 marks) (12 -15 marks) (2a) Modern Slavery Act. (25/100 marks) . ULO1, ULO2 and GLO1 3.6 points Answer omitted or does not clearly describe or identify the issues. (0 - 7.2 marks) 9.9 points Answer omitted or brief answer provided missing key points of any potential legal implications. (7.5 -12.2 marks) 13.6 points Showed reasonable understanding of the Act implications but did not address details of purpose and to whom it applied. (12.5 – 14.7 marks) 16.1 points Good discussion the Act together with a reasonable but brief discussion of purpose and to whom it applies (15 – 17.2 marks) 18.6 points Very good discussion of he Act together with a reasonable but brief discussion of purpose and to whom it applies. Good discussion of how the Act may help in protecting employee rights. But lacking in appropriate sources to support discussion (17.5-19.7 marks) 25 points Demonstrated excellent understanding of the Act together with a discussion of purpose and to whom it applies. Excellent discussion of how the Act may help in protecting employee rights. together with all appropriate sources to support discussion. (20 - 25 marks) / 25 2(b) Potential legal implications. (25/100 marks ) ULO1, ULO2 and GLO1 3.6 points Answer omitted or does not clearly describe or identify the issues. (0 - 7.2 marks) 9.9 points Brief answer provided missing key points and not supported by relevant research into integrated reporting. (7.5 -12.2 marks) 13.6 points Showed a rudimentary understanding of potential legal implications. (12.5 – 14.7 marks) 16.1 points Good discussion of any potential legal implications and sources. (15 – 17.2 marks) 18.6 points Very good discussion of any potential legal implications together with a very good discussion as to any relevant sources. (17.5-19.7 marks) 25 points Demonstrated extensive understanding of any potential legal implications resulting from the behaviour. Addresses any relevant legislation. All sources acknowledged. (20 - 25 marks) / 25 MPA702 Assignment 1 Name: Student Id: Part 1 Transaction Analysis Chart Assets Liabilities Owner’s equity · Add extra rows (pages) as needed. MPA702 Financial Interpretation WRITTEN ASSIGNMENT 1 – TRIMESTER 2, 2020 DUE DATE AND TIME: Monday 24th August 2020 by 8.00pm PERCENTAGE OF FINAL GRADE: 20% Learning Outcome Details Unit Learning Outcome (ULO) Graduate Learning Outcome (GLO) ULO 1: Assess the financial standing of an entity by examining relevant financial information and identify how disclosure techniques can support business decisions. DGLO1 Discipline specific knowledge and capabilities ULO 2: Evaluate scenarios involving ethical decisions in financial accounting. DGLO1 Discipline specific knowledge and capabilities Assessment Feedback: Students who submit their work by the due date will receive their marks and feedback on CloudDeakin on within 15 days of submission. Submission Instructions 1. This assignment is to be submitted ONLINE ONLY (You are NOT required to submit a hard copy). 2. You must type in your answer for each question on the proforma provided. If not submitted on the proforma it will not be marked. 3. The c omp le te d assignment question must be submitted into the allocated area on CloudDeakin under the Dropbox folder. Two Word files are required. One for Part 1 and one for Part 2. 4. This is an individual submission and covers topics 1-4. 5. You are not required to upload an Assignment Cover Sheet. You will complete a Plagiarism declaration when you access the Dropbox. 6. Once submitted you cannot take your assignment back BUT you CAN SUBMIT another version. The most recent version submitted will be marked. 7. Please refer to the rubric for guidance on the marking structure. A note on plagiarism and collusion Plagiarism and collusion are forms of cheating and is considered a serious academic misconduct, a n d seve re p e n a l t i e s a r e assoc ia te d w i t h them. Please refer to the MPA702 u n i t g u i d e f or your r e s p o n s i b i l i t i e s w i t h r e g a r d t o p l a g ia r i s m a n d o t h e r academic offences. You must keep a backup copy of every assignment you submit, until the marked assignment has been returned to you. In the unlikely event that one of your assignments is misplaced, you will need to submit your backup copy. Any work you submit may be checked by electronic or other means for the purposes of detecting collusion and/or plagiarism. When you are required to submit an assignment through your CloudDeakin unit site, you will receive an email to your Deakin email address confirming that it has been submitted. You should check that you can see your assignment in the Submissions view of the Assignment dropbox folder after upload, and check for, and keep, the email receipt for the submission. Notes • Penalties for late submission: The following marking penalties will
Answered Same DayAug 22, 2021MPA702Deakin University

Answer To: Criteria N N P C D HD Criterio Score (1a) Transaction analysis (25/100 marks). ULO1 and GLO1 3.6...

Sumit answered on Aug 23 2021
149 Votes
Part 2(a)
Modern Slavery refers to a situation where a person is being exploited by the employer where the employee is not being allowed to refuse the work or to leave the work because of threats by the em
ployer. The Modern slavery act incorporated by the Australian government encompasses slavery, servitude, the worst forms of child labor, forced labor, human trafficking, debt bondage, slavery like practices, forced marriage and deceptive recruiting for labor or services.
The Australian Modern Slavery Act is based on the United Kingdom (UK) Modern Slavery Act which is already in force in the United Kingdom. The Australian Modern Slavery Act was built after observing the limitations and strengths of the United Kingdom (UK) Modern Slavery Act and applying the lessons learnt from it. The Australian Act is more transparent and helps in providing information to all the stakeholders of the company (Investors, Government etc.) regarding the steps taken by the company in compliance with the Modern Slavery Act.
The Modern Slavery Act, 2018 was passed by the government to protect against the risks of modern slavery. The act was passed by both the houses of the parliament on 29th November, 2018 and was applicable from 1st January, 2019, but is not currently in force and is under parliamentary review. The Modern Slavery Act will require the companies in Australia to report in their annual reports on the possible risks of modern slavery in their operations.
The Modern Slavery Act is applicable on companies incorporated in Australia (Australian Company) or A Foreign company doing business in Australia and having Annual Consolidated Revenue of more than $100 million.
Under the Modern Slavery Act the companies on which the act is applicable will be required to do the following activities to comply with the requirements of the act:
1. Design and Implement a Modern Slavery Management Framework: The companies are required to develop a framework under which the company can understand its chain of operations and the risks of slavery at any...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here