Subject Code : LB5212
Country : Australia
LB5212 - Accounting And Finance - Financial Statements - Teaching - Numeracy - Report Writing Assessment Answer 
Task:
  • Understand the nature of assets, liabilities, and income in the context of the accounting model.
  •  Prepare basic accounting statements such as the statement of financial position and the statement of financial performance.

 

ASSESSMENT TASK 1: DESCRIPTION

Students are expected to complete one (1) quiz/test during the teaching period. The quiz will examine weeks 1-4 inclusive and will consist of twenty (20) multiple choice questions and will be similar in nature to the tutorial and self-study questions listed in the subject calendar. The quiz aims to ensure that the foundations of general
accounting are understood so that students have the knowledge and understanding to progress with further subject material that builds on this foundation.

ASSESSMENT TASK 2: DESCRIPTION

The aims of the group report are:

  •  For students to conduct a vertical, horizontal and ratio analysis of an Australian listed company.
  •  For students to interpret and explain in written form the two (2) year performance of a company covering
  •  2017 and 2018 based on the vertical, horizontal and ratio analysis, and other relevant factors that become evident when analysing the company’s annual
  •  For students to work collaboratively and constructively together to produce a group report which is superior to an individual report because of positive group processes.
  • reports.

 

ASSESSMENT TASK 3: EXAMINATION DESCRIPTION

Students will be required to sit a two (2) hour final examination for this subject during the University’s examination period. The University will determine the date and time of the final examination and will provide examination timetables towards the end of the teaching period.
The examination will consist of short answer conceptual questions and practical exercises/problem questions. The questions will be comparable in nature to those covered in class; therefore, the best form of revision will be to work through lecture and tutorial questions, exercises and problems.

 

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  • Uploaded By : ethan
  • Posted on : August 31st, 2018
  • Downloads : 207

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