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Case Study - Task Details Weight: 30% Due date: Week 10, 10/05/2018, 11:55pm Submission: via iLearn. Estimated student workload: 15 hours in total Task Overview: From the case, students will answer...

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Case Study - Task Details
Weight: 30%
Due date: Week 10, 10/05/2018, 11:55pm
Submission: via iLearn.
Estimated student workload: 15 hours in total
Task Overview:  From the case, students will answer the questions uploaded on the Unit’s iLearn.
Marking criteria:
1. Comprehensiveness of case analysis
2. Support of case analysis with evidence
3. Overall clarity
Refer Case Study Marking Ru
ic.
Deliverables: 1 x case analysis report (Approximately 3000 words excluding references).
Additional requirements:
Formatting: Standard 12 point font, 1.5 line spacing, side margins 2.5cm wide.
Referencing: All sources (ie the work and ideas of others) cited and referenced using a standard referencing system.
Preparation: In order to complete this task and understand its requirements you may attend week 8 open consultation on case study, either via email or face-to-face meetings with the UC. Take careful notes of the discussion and analysis of the case conducted by the Unit Convener.
Your Case Report MUST include the following FIVE sections:
Section 1: Abstract – this opening section
iefly describes the case, your analyses, the approach you used to respond the case questions, research you undertook to study additional material
esources to analyse
espond case questions, reflect on the NEW skills and knowledge you have learned from this case. Please note that this is NOT an executive summary – write this section as your “self-reflection” in your (own) words. This section should not exceed 300 words.
Section 2: Introduction – in this section: (i) provide the overall summary for the case and background information about the industry described in the case; (ii) describe the environment/context of the case organisations/industry, major players, its accounting & auditing practices, its corporate governance & culture, and ethical foundations within the industry; (iii) describe the specific issues/challenges you identified which arose within the industry described in the case. You may include tables, figures, sidebars, charts and graphs to highlight key points.This section should not exceed 500 words.
Section 3: Responses to the Case Questions – this section is heart of your submission document. In this section provide response to each question (discretely). These questions will be uploaded on iLearn by the Unit Convener in week 6 of the session. In each question you are required to construct an argument about various situations and critically analyse the role of an accounting professional in those situations. Do NOT simply describe the situation or case or merely repeat information from Section 2. Limit descriptions to the Introduction Section. Specific details will vary according to the case question being analysed and the information necessary to support your argument.  It is expected that you will undertake some research to construct and support your arguments. This section should not exceed 1850 words.
Section 4: Conclusion - provide overall conclusion of the case in this section. Conclude this section by evaluating the impact of the issues/challenges highlighted in the case (both positive and negative), discuss lessons learned from the case, and the steps to be taken to avoid issues/challenges as faced by other similar organisations. This section should not exceed 350 words.
Section 5: References – provide a list of additional resources/material (ie journals, websites, books etc) you used to write case analysis and responses to the question. Your case analysis may also be supported by material presented by the industry partners (if any) and academic and industry sources. Limit your list to a maximum of 10 references. There is no word limit for this section.   
Review your work.  Make sure the structure of the paragraphs and sentences is clear. Fix spelling and grammatical e
ors.  Make sure you have cited and referenced accurately. 
Submit your case analysis report to turnitin via iLearn. No multiple submission or resubmission allowed.
 
Extensions: No extension will be granted
Penalties: Late submission will be penalised at the rate of 20% (of total available marks) per day from the date identified as the due date for the assessment task. Week days and weekend days are included in the calculation of days late. No case will be accepted after the one-week period.


ACCG315 (Accountants in the Profession)
Assignment: Case Study
Marking Ru
ic
ZERO FAIL FAIL PASS CREDIT DISTINCTION
HIGHER DISTINCTION
Section 1 & 2
(15%)

Not attempted/ entirely or
significantly plagiarized from
other sources.
Confused and not relevant. No
issues and problems
highlighted. Problems not
elated to the case. None of
the subsections of the
introduction covered. No
esponses to the questions are
articulated.
Distinguishes between
problems/issues identified
from the case. Issues/problems
clearly articulated and
adequate. One of the three
subsections of the introduction
covered. Responses to at least
5 questions are articulated
iefly.
Distinguishes between
problems/issues identified from
the case. Provide clear and
actionable response which is
articulated adequately. Two of
the three subsections of the
introduction covered. Responses
to at least 6 questions are
articulated
iefly.
Distinguishes between
problems/issues identified from the
case. Provide clear and actionable
esponse which is articulated
adequately. Three of the three
subsections of the introduction
covered. Responses to at least 8
questions are articulated
iefly.
Distinguishes between
problems/issues identified from the
case. Provide clear and actionable
esponse which is articulated
adequately. Three of the three
subsections of the introduction
covered. Responses to at least 9
questions are articulated
iefly.


Section 3
(40%)


Not attempted/ entirely or
significantly plagiarized from
other sources.
Only 4 or less questions
discussed and no analysis is
offered. Only facts are
epeated without scrutiny.
At least 5 questions are
discussed and analyzed
adequately, but analysis needs
more critical attention.
At least 6 questions are discussed
and analyzed adequately, but
analysis needs more critical
attention.
At least 8 questions are discussed
and analyzed adequately. Each
question is analyzed well.
All questions are discussed and
analyzed adequately. Each question
is analyzed thoughtfully and
thoroughly.
Section 4
(25%)
Not attempted/ entirely or
significantly plagiarized from
other sources.
Does not clearly evaluate the
impact of the issues highlighted
in the case (both positive and
negative). No discussion on the
lessons learned from the case,
and the steps to be taken to
avoid similar issues as faced by
the case organisation. Some
are weak.
Clearly evaluate the impact of
the issues highlighted in the
case (both positive and
negative). Provide discussion
on the lessons learned from
the case and the steps to be
taken to avoid similar issues as
faced by the organisation.
Most key points are not
convincing.
Clearly evaluate the impact of the
issues highlighted in the case
(both positive and negative).
Provide discussion on the lessons
learned from the case and the
steps to be taken to avoid similar
issues as faced by the
organisation. A few key points are
convincing.
Very clearly evaluate the impact of
the issues highlighted in the case
(both positive and negative).
Provide discussion on the lessons
learned from the case and the steps
to be taken to avoid similar issues
as faced by the organisation. Most
key points convincing.
Very thoroughly evaluate the
impact of the issues highlighted in
the case (both positive and
negative). Provide discussion on the
lessons learned from the case and
the steps to be taken to avoid
similar issues as faced by the
organisation. All key points are
convincing.
Section 5
(10%)
Not attempted/ entirely or
significantly plagiarized from
other sources.
3 or less references provided.
No proper referencing &
citation style followed.
4 references provided. Proper
eferencing & citation style
followed.
6 references provided. Proper
eferencing & citation style
followed.
8 references provided. Proper
eferencing & citation style
followed.
10 references provided. Proper
eferencing & citation style
followed.
Gramma

Mechanics/
Sentences and
Expression
(10%)
Not attempted/ entirely or
significantly plagiarized from
other sources.
Numerous grammatical,
punctuation, spelling, or
capitalization e
ors which
impede meaning. Expression is
not concise or professional.
Some grammatical,
punctuation, spelling, or
capitalization e
ors which
occasionally impede meaning.
Expression is generally concise
and professional, but additional
editing is wa
anted.
A few grammatical, punctuation,
spelling, or capitalization e
ors
ut generally don’t impede
meaning. Expression is generally
concise and professional, but
some additional editing is
wa
anted.
Occasionally has grammatical,
punctuation, spelling, or
capitalization e
ors and don’t
impede meaning. Expression is
concise and professional. Both
sentences and style are good.
No grammatical, punctuation,
spelling, or capitalization e
ors.
Expression is concise and
professional. The report has clearly
een edited and proofread
numerous times.





All rights reserved. This case may not be reproduced, copied for commercial purpose/profit or stored in a retrieval system
without prior written permission from Professor Rahat Munir.
ACCG315 Case Study
THE ETHICS OF PROFIT IN THE AUSTRALIAN RETAIL
INDUSTRY*
DEPARTMENT OF
ACCOUNTING AND
CORPORATE GOVERNANCE
Faculty of Business and
Economics
ACCG315 Case Study
The Ethics of Profit in the Australian Retail Industry
2
All rights reserved. This case may not be reproduced, copied for commercial purpose/profit or stored in a
etrieval system without prior written permission from Professor Rahat Munir.
Introduction
The pressures on the Australian retail industry are building. A number of forces are constraining top-line sales
growth for many leading
ands. Some high profile
ands have even failed. The remainder are looking at the
only other way to maintain profits – cost reduction.
The decisions that the leaders of these businesses make in response to these pressures will be scrutinised
closely; after all, the major retailers are household-names. Commercial skills will be tested. But the ethics of
these decisions will also be examined. The criteria of success have arguably become multidimensional.
Management will not only be judged on what profit they make but the manner in which they achieve it. And,
accountants are uniquely placed to have a major impact on how these decisions will be made, how outcomes
will be measured, and, how they are reported
Answered Same Day Apr 19, 2020 ACCG 315

Solution

Aarti J answered on May 07 2020
149 Votes
Case study Analysis - The Ethics of Profit in the Australian Retail Industry
ACCG 315 ACCOUNTANTS IN THE PROFESSION
Kevin Anthony
44044003
The Ethics of Profit in the Australian Retail Industry    12
The Ethics of Profit in the Australian Retail Industry – Case study analysis
Abstract
The case presented is the case which portrays critical issues and problems that are faced by the major retailers of the company. These issues and challenges are being faced by them because of the dynamic environment in which it is operating. Initially, the case has been analysed and then the case questions are answered in the report. For the analysis of the questions, there are certain aspects that has been considered. To answer the case questions, I mad research on different aspects of the Australian Retail industry. I took help of different journals and different websites to answer the questions.
From the analysis, it can be seen that the retailers and the companies are responsible and accountable for all the actions that they do. It is important for the companies to consider all the aspects and work properly in interest of the company as well as its stakeholders. It is important for the company to work ethically and follow good faith in its working. The company must emphasize on improving on its operations with ethical ways and should not adopt unethical means to beat the competition. From the case, we can infer that the retailers have a major responsibility to have a proper supply chain and should act in good faith and lawfully. It should not adopt any unethical means which can result in wrong doing of the business. The company should improve its short term as well as long term cash position through its strong strategy and operations and not by delaying the payments for the suppliers and the lenders. The companies also needs to undertake the suppliers audit effectively to improve on its production and supply chain. It is important for the company to emphasize on ensuring a good working condition and interest of the stakeholders.
After the analysis, I was able to gain knowledge about different aspects of Australian retail industry, the challenges faced by the companies as well as the auditors. A special emphasis was given to ethical aspects of the company.
Introduction
This case presents the analysis about the pressures on the Australian retail industry. The case states the analysis of the retail companies from different perspectives ranging from macro level analysis to the micro level analysis. This case presents that how different forces limits the growth and the sales of the different leading Australian retail
ands. The main reason for their failure includes the extreme pressure that the company. The companies are using different means which can help them to sustain and be competitive in the market in which it operates. For this the companies are emphasizing on increasing their sales and profits as well as reducing the costs so that they stay competitive and earn sustainable profits.
The case shows that hoe the decisions that are made by the organizations is usually under the surveillance because of the market giants and how their commercial as well as ethical aspects is analysed by the government and the other authorities. The case presents the facts that the success of the firm is not merely decided by the profits of the company but also by different means like the way they operate and the means which they adopt to generate the desired profits of the firm.
Environment of case
The local as well as the international
ands dominates the retail market of Australia. The retail market of Australia is diverse as well as huge because of the different players operating in the market as well as different sub-sectors made in the retail sector of the country. The major sub sectors of the retail industry includes: Apparel and clothing retailers, Retailers for hardware, retailers for toys and games, computer and electronic retailers, pharmaceutical retailers, electronic appliances retailers, books and stationery retailers etc.
The major players in the Australian market are H&M, Zara, Wesfarmers, Woolworth, Tesco, Aldo etc. The companies emphasize on the accounting, operational as well as marketing activities which has helped them to achieve competitive edge. The companies are also emphasizing on their accounting procedures which has helped them to attain competitive edge. Example: The companies increases their accounting payable cycle so as to ensure they have good financial stability. They also delay their payments towards the loans. Thus increasing their cash flows.
Major players
The major players in the retail industries are:
    Company
    Net worth
    Woolworths
    $59 billion
    Wesfarmers
    $65.98 billion
    Coles
    $33 billion
    Dick smith
    $178.65 million
    Mye
    $3.3 billion
    Big w
    $4.11 billion
    Caltex
    $13.4 billion
    Country Road
    $237.6 million
    David Jones
    $2.74 billion
Issues and challenges
From the case in the article, the major challenge that the retailers are facing is basically the cash flow. Major companies which has been discussed in this article face cash flow shortages. The major companies in the retail operations looks for different alternatives which can help in raising the funds. As the company needs high funds to invest in their business. The companies are employing different methods like rebates and delayed payments to increase their cash flows.
Case questions
Question 1
It is important for all the companies to operate and act lawfully and in good faith. By the good faith, one is able to understand that a retailer needs to exercise power as per the agreement as per the good faith. When a wholesaler acts in unreasonable way where it is disrespecting the interest of the suppliers or acts dishonestly, the company lacks good faith.
According to the Food and Grocery Code of Conduct, the court can decide whether a wholesaler or retailer has acted in good faith by taking under consideration certain factors, which includes-
i The association with supplier has taken place without duress
ii The...
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