ACCG1001 - Accounting and Governance - Individual Business Report Writing - Accounting and Finance Assignment Help

Assignment Task

Assignment Questions: 
You are required to choose a suitable company with sufficient disclosures on inventory and  write a business report to address the following two questions. You may choose the company  from: http://www.marketindex.com.au/asx200.  
By reference to the annual report of your selected company, you are required to address the  following two aspects in the business report: 
(1) Review the inventory disclosure of your selected company.  
(Hints: your review may include the following components: 
Inventory system (perpetual or periodic); 
Cost assumption (FIFO, LIFO or average cost); 
The impact of cost assumption to the statement of profit and loss and 
Evaluation of inventory, etc.) 
(2) You are required to conduct research (i. e. reviewing relevant accounting standards and policies as well as academic and professional journals), and discuss regulatory requirements and various factors that accountants should consider when setting up  accounting policy relating to inventory for the entities they work for?  
a) Structure 
The report must contain the following (in this order): 
• Report cover page (You can design your own cover page) 
• Introduction 
• Body 
• Conclusion 
• Reference list 
You should include relevant parts of the annual reports that you have used and referred to in  your report.  
b) Word limit  
The assignment should be typed (in Microsoft Word, Times New Roman, 12 font, 1.5 line  spacing). The word limit is 1000 excluding references. However, it can be 10% over/under the  word limit without incurring a penalty. Please note that only include introduction, body and  conclusion in the word count.  
c) Referencing  
It is extremely important that you are familiar with the university policy on plagiarism that is  included in the unit guide. You must re-write material in your own words and not just copy and  paste from the internet or any other resources. You must properly reference all material in the  main text and provide a reference list at the end of the assignment. It is recommended that you  use the Harvard or APA referencing style.  
d) Submission to Turnitin  
Your individual assignment must be submitted to Turnitin via iLearn 3 pm on Tuesday, 13 Oct 2020. 
Turnitin is an internet database that identifies work containing unoriginal material. Your  assignment will be scanned using the Turnitin software and if you have copied material from  the internet or other sources improperly, you will be penalised. The scanning will also tell us  if you have copied from another student. Staff in the unit will perform a check on the similarity of your report to others. Student who plagiarizes in any form will receive ZERO mark for the  individual assignment and may be reported to authorities for misconduct. 

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