Assessment Item 1Value:20%Due date:12-Dec-2017Return date:08-Jan-2018Submission method optionsAlternative submission method
Task
Assignment task No. 1
Provide APA references for each question and provide a Bibliography/ Reading List of all references at the end of your assignment.
Q1Plagiarism (2 marks)
Define plagiarism? Why is plagiarism/collusion unfair to honest students? Reference Internet sources.
Q2Pasting spreadsheets in doc files (2 marks)
Use Greenshotgetgreenshot.org/to copy and paste in a Word file, a simple normal view of a spreadsheet showing row and column headings. Also use Greenshot to paste a formula views, Describe ONE other method to paste a spreadsheet in a Word file. Refer to the Spreadsheet Advice PDF for examples.
Q3Accounting resources on the Internet (2 marks)
List four web sites relevant to accounting together with their URLs.Explainhow is each relevant to accounting.
Q4Professional accounting bodies (2 marks)
Find online an Australian professional accounting organisation. Describe a resource within this website (apart from ABC Learning), potentially relevant to your study of accounting. Explain why you chose this resource.
Q5Work Integrated Assessment (5 marks)(about 300 words). Describe the computing environment in your current or previous workplace or home office; equipment, software, processes etc. Or answer this question in relation to a possible future workplace position.
The above five questions are designed to assess your ability to use and evaluate digital resources for accounting and can be answered from any source including the computer sections of magazines and newspapers or by access to the Internet. If using the Internet include the URL reference.
Q6ABC Learning and ethics - ABC Learning Case Study (10 marks)
Watch the six CPA ABC Learning movies.
www.cpaaustralia.com.au/professional-resources/education/abc-learning-collapse-case-study
Or
www.youtube.com/watch
Prepare abusiness reportcovering the following (about 500 words)
1. What went wrong at ABC Learning?
2. What are the major financial reports? What is the purpose of each?
3. Identify 3 ethical issues from the case study.
Q7PALER (12 marks)
Spreadsheet - check the assignment and spreadsheet requirements.
A. Create a manual, handwritten solution. Scan or use your phone to copy and paste an image in your assignment. If using a smart phone, consider using a free scanning app such as Camscanner, Office Lens or Google Drive or search for an app. Let us know which app you chose.
B. Create a spreadsheet solution.
Q8Balance Sheet Equation (10 marks)
A. Create a manual, handwritten solution. Scan or use your phone to copy and paste an image in your assignment. If using a smart phone, consider using a free scanning app such as Camscanner, Office Lens or Google Drive or search for an app. Let us know which app you chose.
B. Spreadsheet required. Note that Interact2 resources including the Spreadsheet Advice PDF and the worksheet video may assist in completing this assignment question.
In this case, the Report section will look just like the data section but will contain only formulas. In some cases, the cells in the report will be, for example =D8. The yellow highlighted cells will contain the answers.
C.For each number calculated, briefly explain how you derived the answer.
Q9Debit and credit balances (4 marks)
List two accounts with normal debit balances. List two accounts with normal credit balances.
Q10Trial balance (8 marks)
A. Create a manual, handwritten solution. Scan or use your phone to copy and paste an image in your assignment. If using a smart phone, consider using a free scanning app such as Camscanner, Office Lens or Google Drive or search for an app. Let us know which app you chose.
B. Create a spreadsheet solution. Paste normal and formula views.
C. Change 2 numbers such that the trial balance still balances. Paste this new normal view. There should be no need to paste a new formula view. Ensure that you choose the 2 changes yourself. Highlight the data changes with the yellow highlighter in Excel.
Note that Interact2 resources including the Spreadsheet Advice PDF and the Foot worksheet video may assist in completing this assignment.
Q11Crossword (5 marks)
See page 92 and 93 of your text. Create your own simple crossword using at least 5 accounting terms andclues. Hint: there are free crossword creation apps online. Make two copies of your crossword - one blank and one completed.
Q12Types of adjusting entries (4 marks)
List two types of period end adjusting entries and give journal entries examples of each.
Q13Current and non-current assets (2 marks)
Distinguish between current and non-current assets. Give two examples of each.
Q14Ratios (2 marks)
Explain the current ratio and the debt ratio. Create your own numerical examples.
Q15Worksheet and financial reports (20 marks)
Note that Interact2 resources including the Spreadsheet Advice PDF and the Foot worksheet video may assist in completing this assignment.
A. Create a manual, handwritten solution. Scan or use your phone to copy and paste an image in your assignment. If using a smart phone, consider using a free scanning app such as Camscanner, Office Lens or Google Drive or search for an app. Let us know which app you chose.
B. Spreadsheet. Add a ten column worksheet beneath the following data. Below that report, create thethree financial reports. Paste the normal and formula view.
B. In a second version, make four changes to the data such that a loss is reported. Paste the second normal view.
Quality of presentation of the total assignment including referencing throughout and bibliography 10 marks.
Rationale
Task 1 covers study schedule weeks 1-4 inclusive and includes the application of conceptual and technical aspects of accounting and the preparation of business financial statements, the appraisal of the use of information technology including spreadsheet software and the evaluation of the Internet as a professional resource and to demonstrate business communication skills including report writing.
In today’s business environment we need verbal skills, writing skills, numeracy skills AND digital literacy skills. All of these skills are assessed throughout this subject. The early questions in this assignment are designed to assess your digital literacy in a business/accounting environment. It is suggested that you attempt the assignment questions week by week.
This assignment task is designed to give you an opportunity to demonstrate knowledge and skills in aspects of accounting and information systems including technical issues as well as concepts such as the accounting equations, cash and accrual accounting, current and non-current assets and liabilities, trial balance, worksheets, income statement, statement of owner’s equity, balance sheets and the application of spreadsheet software to the presentation and solution of accounting problems.
In this assignment task, you are required to complete all questions and submit all necessary workings. A list of references is required at the end of your assignment as well as references throughout your assignment. The assignments in this subject are designed to assess your application of knowledge and skills.
Assignment questions include problems, discussion questions, spreadsheets and questions related to use and evaluation of digital resources. The assignment questions are structured so as to simulate a pattern of weekly learning. Students are encouraged to attempt this subject by studying on a regular (weekly) basis. The nature of the understanding and skills required means it is unwise to leave study until the last minute. Note the special requirements for the spreadsheet sections of your assignment detailed in the Spreadsheet Advice in Interact2.
The final examination in this subject will include questions assessing similar knowledge application, understanding and skills as the assignment work.