Country : Australia
International Accounting Standards - Accounting And Non Accounting Audience - Financial Accounting Assessment Answer
Assessment Task:

This assignment is designed to develop students' knowledge and critical analysis and problem-solving skills around two subject objectives: 

  • CO3. recognise and explain the theoretical principles and development processes that influence the development of International Accounting Standards
  • C04. communicate in a professional manner in writing to both an accounting and non-accounting  audience

As the aim of Financial Accounting 3 is to develop your ability to use accounting standards generally, and not to just be able to apply the ones covered in the subject, this assignment is extremely relevant to the subject. It aims to develop your awareness of the process by which accounting standards are produced and changed so that in your future career you are able to follow the debates about the accounting standards and determine how these will impact on the organisations for which you work, or your clients. Some students may want the assignment to just be based on the accounting standards covered in concept videos. This suggests they have missed the main aim of Financial Accounting 3 and have a very narrow understanding of the education process. An assignment is an opportunity for you to develop deeper research, knowledge, critical analysis and problem-solving skills, and judgement skills that will serve you well in your future career. Subject Objectives 3 and 4 are only assessed in this assignment and not in the exam. We hope you appreciate the opportunities this assignment affords you and that by the time you submit it, you will feel more empowered to research and explore future accounting standard issues.

Importantly, assignments are an opportunity for students to develop the Threshold Learning Outcomes (TLO) of the Australian Qualifications Framework (AQF) that are essential for graduates to gain employment. As well as developing your understanding of the accounting standard setting process through the International Financial Reporting Standards (IFRS) that apply internationally and that you will need to use when you are an accountant, this assignment is designed to develop skills highly sought after by employers. 

Specifically, this assignment aims to develop the AQF TLOs of: 

  • Knowledge, Judgement and Critical analysis and Problem-solving skills
  • Written communication skills: Hence the high weighting on spelling and grammar in the criteria
  • Self-management skills. These will be developed through working on the assignment throughout the study period as guided by the learn online site and by keeping a diary as you develop the assignment. 

This Financial Accounting Assessment has been solved by our Financial Accounting Assessment Experts at UniLearnO. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.

Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.

 

  • Uploaded By : Mitchell Lee
  • Posted on : November 20th, 2018
  • Downloads : 235

Whatsapp Tap to ChatGet instant assistance