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ACC518 Current Developments In Accounting Thought
Question:
Task
In your accounting career you will be required to analyse current accounting issues and communicate your theoretical understanding to your professional colleagues and your clients. For this assignment assume that you are the senior accountant working for a major firm.
The CEO has forwarded to you an interesting article and requires you to provide her with a deeper theoretical understanding of the issues discussed so that she can fully engage in the lively discourse at an upcoming conference.
You are required to find a newspaper article or web page report of an item of accounting news, i.e. it refers to a current event, consideration, comment or decision that has been published after the 1st of June 2019. Your article could also come from one of the professional journals. The article should not come from an academic journal. Academic journals generally do not contain news articles or articles of less than one page and are usually only published 2 or 4 times a year. Your article should also relate to a different issue to what you will be investigating in Question 2 (in other words, don’t use an article about the exposure draft you will be using in question 2). If you are having a problem ensuring that your article is from an appropriate source contact your subject coordinator.
You then need to explain the article that you have found in your own words and clearly relate the concepts, ideas and facts within the article to one or more of the theories or topics that you have studied this session. Support your analysis of the assumptions and implications of the topic or theory as appropriate with reference to sources in APA 6 style. For example, this article from The Australian in July 2018 could be linked to the topics of accounting regulation and measurement (and perhaps others). You must provide a copy of the article or web page, with details of the source, date and page number with your answer.
Please note: you need to attach the comment letters you selected for your report (there is no need to attach the exposure draft)
Marking criteria and standards
|
Question |
REQUIREMENT |
MARK |
|
Ability to find and describe an accounting issue. |
Copy of item included (1 mark) |
1 |
|
Description of major issues in article. (SLO4) |
Description with in depth discussion and identification of all the key issues. |
2 |
|
Linkage of major issues in article to one or more topics presented in the subject. (SLO4) |
Response identifies a range of relevant topics and theories and is able to deconstruct and evaluate the issues through the use of theories and arrive at a logical position, for example by synthesizing the insights of different theories. |
3 |
|
Critical Capacity and use of source material: Has the student analysed the underlying assumptions and implications of the accounting theories or topics they have identified? Are the arguments supported? (SLO4) |
Response critically evaluates the underlying assumptions and implications of the applied theories or topics. Exemplary use of relevant sources from within prescribed materials and attempts to include sources beyond prescribed material. |
3 |
Lecturer tip:
- Sydney morning herald -SMH
- Financial review
- The Australia
- The economist
- Time magazine
- CPA or CA magazine (In the black)
- New world time
From the Australian in July 2018 could be linked to the Topic 3 of accounting regulation and measurement (and perhaps others). You must provide a copy of the article or web page, with details of the source, date and page number with your answer.
ACC518 Current Developments In Accounting Thought
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