ACCT1077 WIL Assessment Task 3-2.pdf
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Financial Accounting Theory WIL Assessment Task 3
ACCT1077 Financial Accounting Theory
Work Integrated Learning (WIL) Assessment Task 3
Financial Accounting Theory is designed to enable you to apply financial accounting theories
to a contemporary workplace situation. It includes a Work Integrated Learning (WIL)
experience in which your knowledge and skills are applied and assessed in a simulated
workplace context and where feedback from industry and/or community is integral to your
experience.
Background Information
You are cu
ently undertaking a student placement at Wa er Par ners , a top-tier accounting
firm, in their Advisory Services area. The Advisory Services area of Water Partners provides
services to a diverse range of clients from all sectors of industry. One of Wa er Par ners clien s
has req es ed a repor on a specific Topic of In es iga ion . As part of this task, you are
advised to meet with an expert in this topic to discuss your approach and ask for advice (a
list of experts will be provided with your topic). You are to write this report and submit to the
Advisory Services Manager, who will send it directly to the client. The report should be of an
appropriate professional standard to send to the client.
What you need to do
1. Submit a written individual report which addresses the question posed for your
eam s selec ed opic of investigation (Each team member needs to submit their own,
individually written report).
Assessment Overview
The assessment for this WIL component of the course comprises the following:
Assessment Task Due Date Weighting
Assessment Task 3
Individual Report Friday 23
d October 2020 @
5:00 pm
45%
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Financial Accounting Theory WIL Assessment Task 3
Assessment Details
Individual Report
Each individual team member is required to undertake research beyond the initial
eference o address he q es ion posed for o r eam s selec ed opic of in es iga ion and
individually submit a complete and thoroughly investigated report which using your own
esearch. The initial reference can be used, in addition to at least 5 10 other academic
eferences.
You should read through the ru
ic to better understand the expectations of this
assessment. There you will see that you are expected to engage with an accounting theory
to explain your topic of investigation. Choose only one theory and try to link this theory
throughout your whole report. It is advised that one of your sections is dedicated to defining
and explaining this theory. Your other sections can be used to explain key aspects of your
topic.
Report format: The Individual Report must be in a report format, i.e., the content is split
into several logical sections and sub-sections. These sections should include: an executive
summary, introduction, main section of the report, conclusion and reference list. A typical
eport structure is:
Executive Summary
Introduction
Section 1
Section 2
Section 3
Sec ion 4
Conclusion
References
Appendices (optional)
Length: Maximum of 2,500 words (excluding references, tables, figures and
appendices). Refer also to the section on penalties for exceeding the word limit on page
4.
Due date: Friday 23rd October 2020 @ 5:00 pm
Assessment weighting: 45%
Ru
ic: The key criteria are specified in the ru
ic on page 3.
Submission: Submit in Canvas via Turnitin. Turnitin settings will allow you to resubmit up
to 3 times before the due date. After the due date & time, it will not allow resubmissions (but
will allow initial submissions after the due date & time). If you are unable to submit late
through Canvas, please email your report to the course coordinator
( XXXXXXXXXX) for further instruction.
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Financial A
ccounting Theory W
IL A
ssessm
ent Task 3
Individual R
eport R
u
ic
C
iteria
H
igh D
istinction
D
istinction
C
edit
Pass
Fail
D
epth and quality of
esearch
undertaken
10 m
arks
M
aterials refe
ed to are
elevant; at least 8
eferences support the
positions presented;
S
ources refe
ed to are
cu
ent and from
a reliable
source. The topic has
een critically engaged
w
ith 8-10 m
arks
M
ost of the m
aterials
efe
ed to are relevant;
at least 6 references
generally support the
positions presented;
sources refe
ed to are
m
ostly cu
ent and from
a
eliable source 7-8 m
arks
M
any of the m
aterials
efe
ed to are relevant;
at least 5 references
generally support the
positions presented;
som
e of the sources
efe
ed to are from
a
eliable source. 6-7
m
arks
S
om
e of the m
aterials
efe
ed to are relevant; there
is a lack of cohesion betw
een
the references cited and the
topic being discussed;
sources refe
ed to are not
cu
ent but are from
a reliable
source 5-6 m
arks
There is a lack of evidence
of relevant research; the
esearch presented does not
support the topic; sources
efe
ed to are not cu
ent or
from
a reliable source 0-4
m
arks
A
ility to identify
the issue(s) relating
to the research task
10 m
arks
The report discussion
clearly addresses the topic
of investigation and
assessm
ent instructions;
the report is highly
elevant to the needs of
the client; the report
clearly outlines the links
etw
een the literature and
the topic of investigation 8-
10 m
arks
The report discussion
addresses the topic of
investigation and
assessm
ent instructions;
the report is m
ostly
elevant to the topic; the
eport outlines the links
etw
een the literature
and the topic of
investigation 7-8 m
arks
The report addresses
som
e of the issues
aised in the topic of
investigation; the report
is som
ew
hat relevant to
the topic; som
e links
etw
een topic and
literature are m
ade. 6-7
m
arks
The discussion addresses
m
ost of the issues raised in
the research task but lacks
som
e clarity; the report at
tim
es lacks relevance and/or
som
e of the claim
s m
ade are
e
oneo
s; he repor doesn
t
clearly outline the link
etw
een the literature and
the topic of investigation 5-6
m
arks
The report discussion fails to
address m
ost of the issues
aised in the research task
and the discussion lacks
clarity; the report discussion
lacks relevance and/or m
ost
of the claim
s m
ake are
e
oneous; the report does
not outline the links betw
een
the literature and topic of
investigation 0-4 m
arks
A
ility to apply
appropriate
accounting theory
to the context 10
m
arks
The report m
akes clear
links betw
een the topic of
investigation and one
cu
ent accounting theory;
the report explains these
links w
ith clarity throughout
8-10 m
arks
The report m
akes links
etw
een the topic of
investigation and one
cu
ent accounting
theory, but these links are
not alw
ays clear; the
eport m
ostly m
anages to
explain these links 7-8
m
arks
S
om
e links are m
ade
etw
een the topic and
one accounting theory,
ut these links are not
clear and are
unexplained. 6-7 m
arks
V
ery lim
ited attem
pt has
een m
ade to link accounting
theory to the topic of
investigation, these links lack
clarity; theory/ies w
ere
discussed but not linked to
the topic. 5-6 m
arks
Little or no attem
pt has been
m
ade to link accounting
theory to the discussion or
the links m
ade are inco
ect;
m
ultiple theories are
discussed w
ith no link to the
topic 0-4 m
arks
A
ility to
synthesise
inform
ation into a
coherent and
engaging report 10
m
arks
The report is professionally
presented; all gram
m
ar
and punctuation is co
ect;
the report is highly
engaging and easy to
ead; all sections of the
eport have been included
and co
ectly structured 8-
10 m
arks
The report is
professionally presented;
m
ost of the gram
m
ar and
punctuation are co
ect;
the report is engaging
and fairly easy to read; all
sections of the report
have been included and
co
ectly structured 7-8
m
arks
The report is reasonably
presented; there is an
attem
pt at co
ect
gram
m
ar and
punctuation; the report is
not very engaging; m
ost
sections of the report
have been included. 6-7
m
arks
Im
provem
ent is needed in the
eport presentation; there are
som
e e
ors in gram
m
ar and
punctuation; re report is not
engaging and/or is not easy
to read; sections of the report
are m
issing and/or there are
e
ors in the structure 5-6
m
arks
The report is not presented
professionally; there are
m
any e
ors in gram
m
ar and
punctuation; the report is not
engaging and/or is not easy
to read; the report is
inco
ectly structured and/or
m
issing sections 0-4 m
arks
R
eferencing 5
m
arks
S
ources acknow
ledged
co
ectly w
ith full reference
details 4-5 m
arks
M
ost sources
acknow
ledged co
ectly
w
ith reference details 3.5-
4 m
arks
S
om
e sources are
acknow
ledged, but w
ith
a few
e
ors 3-3.5 m
arks
Few
sources acknow
ledged;
e
ors in reference list and
eferencing style 2.5-3 m
arks
N
o sources acknow
ledged;
m
ajor e
ors in reference list
and referencing style 0-2
m
arks
TO
TA
L M
A
R
K
(m
axim
um
45 m
arks)
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Financial Accounting Theory WIL Assessment Task 3
Referencing guidelines
All sources of information must be acknowledged using the RMIT Business version of the
Harvard (author-date) referencing system in written assessments. A reference list must also be
included in your report.
Please refer