HOLMES INSTITUTE
FACULTY OF
HIGHER EDUCATION
HA2032 Corporate and Financial Accounting Individual Assignment T2 2019
Assessment Details and Submission Guidelines
Trimester T2 2019
Unit Code HA2032
Unit Title Corporate and Financial Accounting
Assessment Type Individual Assignment
Assessment Title The different sources a company can use to raise its funds and different classifications of
entities for reporting purposes.
Purpose of the
assessment (with ULO
Mapping)
This assignment aims at developing a clear understanding of students on the different
sources a company can use to raise its funds. Students will perform a comparative
analysis of sources of fund used by two selected companies for a three years period.
They will identify the movement in the sources of fund used by the two companies.
Students will also need to demonstrate a clear understanding of different classifications
of entities for reporting purposes.
(ULO 1, 2, 3, 4).
Weight 20 % of the total assessments
Total Marks 20
Word limit 2500 words ±500 words
Due Date Assignment submission: Final Submission of individual Assignment: 11:59 pm Friday, Week 10
Late submission incurs penalties of five (5) % of the assessment value per calendar day unless
an extension and/or special consideration has been granted by the lecturer prior to the
assessment deadline.
Submission Guidelines ï‚· All work must be submitted on Blackboard by the due date along with a completed
Assignment Cover Page.
ï‚· The assignment must be in MS Word format, no spacing, 12-pt Arial font and 2 cm margins
on all four sides of your page with appropriate section headings and page numbers.
ï‚· Reference sources must be cited in the text of the report, and listed appropriately at the end
in a reference list using Harvard referencing style.
Page 2 of 5
HA2032 Corporate and Financial Accounting
Assignment Specifications
Purpose:
This assignment aims at developing a clear understanding of students on the different sources a company can
use to raise its funds. Students will perform a comparative analysis of sources of fund used by two selected
companies for a three years period. They will identify the movement in the sources of fund used by the two
companies. Students will also need to demonstrate a clear understanding of different classifications of entities
for reporting purposes.
Assessment task:
Part A
Select the latest annual report of two ASX listed companies for the last three years period. Please
ead the balance sheet carefully and complete the following tasks:
(i) What items have been recorded under owners’ equity section? Clearly explain your
understanding of each item recorded under the owner equity section.
(ii) Explain the movement in each item recorded under the owner equity section with the
eason
(iii) What items have been recorded under liabilities section? Clearly explain your
understanding of each item.
(iv) Explain the movement in each item recorded under liabilities section with reason.
(v) Briefly explain the relative advantages or disadvantages of each sources of fund each of
your selected companies is using.
Part B
Do your own research and critically examine the concepts of small proprietary company, large
proprietary company and reporting entity. What are the implications of being classified as either
one of these three types of companies in terms of compliance and reporting requirements?
Assignment Structure should be as the following:
Abstract - One paragraph
List of Content
Introduction
Body of the assignment with detailed answer on each of the required tasks
Summary/Conclusion
List of references
…..
Marking criteria
Marking criteria Weighting
Abstract 1%
List of content & overall presentation of the assignment 1%
Introduction 1%
What items have been recorded under owners’ equity section? Clearly explain your
understanding of each item recorded under the owner equity section.
2%
Page 3 of 5
HA2032 Corporate and Financial Accounting
Explain the movement over the three years period in each item recorded under the owner
equity section with the reason.
1%
What items have been recorded under liabilities section? Clearly explain your
understanding of each item.
2%
Explain the movement over the three years period in each item recorded under liabilities
section with reason.
1%
Briefly explain the relative advantages or disadvantages of each sources of fund each of
your selected companies is using.
2%
Do your own research and critically examine the concepts of small proprietary company,
large proprietary company and reporting entity. What are the implications of being
classified as either one of these three types of companies in terms of compliance and
eporting requirements?
7%
Conclusion 1%
References 1%
TOTAL Weight 20%
Page 4 of 5
HA2032 Corporate and Financial Accounting
Marking Ru
ic
Excellent Very Good Good Satisfactory Unsatisfactory
What items have
een recorded
under owners’
equity section?
Clearly explain your
understanding of
each item recorded
under the owner
equity section.
The items
ecorded under
the equity
section have
een co
ectly
identified.
Demonstrates an
excellent
understanding of
each item
ecorded under
the equity
section.
The items
ecorded under
the equity
section have
een co
ectly
identified.
Demonstrates a
good
understanding of
each item
ecorded under
the equity
section.
The items
ecorded under
the equity
section have
een co
ectly
identified.
Demonstrates a
asic
understanding
of each item
ecorded under
the equity
section.
The items
ecorded
under the
equity section
have been
co
ectly
identified.
Does not
demonstrate a
asic
understanding
of each item
ecorded
under the
equity section.
The items
ecorded
under the
equity section
have not been
co
ectly
identified.
Does not
demonstrate a
asic
understanding
of each item
ecorded
under the
equity section.
Explain the
movement over the
three years period
in each item
ecorded under the
owner equity
section with the
eason for the
movement.
Has clearly
identified the
movement in
each items listed
under owner
equity with
detailed
explanation of
the reason for
the movement
Has identified the
movement in
each item listed
under owner
equity. The
eason for the
movement has
een explained
with minor scope
for improvement
Has identified
the movement
in each item
listed under
owner equity.
Has provided a
very basic
explanation of
the reason for
movement in
the items
ecorded under
equity
Has identified
the movement
in each item
listed under
owner equity.
Could not
explain the
easons for
the movement
in each item
ecorded
under the
owner equity
Has not
identified the
movement in
each item
listed under
owner equity.
Has not
explained the
easons for
the movement
in each item
ecorded
under the
owner equity
What items have
een recorded
under liabilities
section? Clearly
explain your
understanding of
each item.
The items
ecorded under
the liability
section have
een co
ectly
identified.
Demonstrates an
excellent
understanding of
each item
ecorded under
the section.
The items
ecorded under
the liability
section have
een co
ectly
identified.
Demonstrates a
good
understanding of
each item
ecorded under
the liability
section.
The items
ecorded under
the liability
section have
een co
ectly
identified.
Demonstrates a
asic
understanding
of each item
ecorded under
the liability
section.
The items
ecorded
under the
liability section
have been
co
ectly
identified.
Does not
demonstrate a
asic
understanding
of each item
ecorded
under the
liability
section.
The items
ecorded
under the
liability section
have not been
co
ectly
identified.
Does not
demonstrate a
asic
understanding
of each item
ecorded
under the
liability
section.
Explain the
movement over the
three years period
in each item
ecorded under
Demonstrate a
clear
understanding of
the movements
over the last
three years of all
The movements
over the last
three years of all
items recorded
under liabilities
have been
The
movements
over the last
three years of
all items
ecorded under
Has attempted
to discuss the
movements
over the last
three years of
all items
Has attempted
to discuss the
movements
over the last
three years of
all items
Page 5 of 5
HA2032 Corporate and Financial Accounting
liabilities section
with reason.
items recorded
under liabilities
with reasons for
the movements.
discussed with
easons for the
movement. There
are minor e
ors
or minor scopes
for improvement
in the
discussions. Has
missed a few
trends or
changes.
liabilities have
een discussed
with reasons for
the movement.
There are major
e
ors or major
scopes for
improvement in
the discussions.
Has missed
many trends or
changes.
ecorded
under
liabilities. Has
missed many
trends or
changes. Most
parts of the
discussions are
inaccurate
ecorded
under
liabilities. Has
missed many
trends or
changes. Most
parts of the
discussions are
inaccurate
Briefly explain the
elative advantages
or disadvantages of
each sources of
fund each of your
selected companies
is using.
The advantages
and
disadvantages of
each of the
internal sources
of fund and
external sources
of funds used by
the company
have been
identified and
explained clearly.
The advantages
and
disadvantages