Accounting Question

Assignment Content

1. 
   
   This is the undergraduate Empirical Project.
   Objective:The aim of the project is for students to investigate a contemporary reporting issue and apply the theories to interpret current reporting practice and reporting options
   Overview and OutputThis project explores the reporting of asset impairment (including intangibles) by Australian listed entities.
   You are to prepare a report for the Audit Committee outlining your findings from investigating the impairment practices of an Australian listed entity, its’ industry and two comparison firms.
   You will focus your analysis on the Australian listed entity chosen by you. In analysing the issues outlined in the assessment you should also incorporate industry and two other firms as comparison firms into your analysis. Furthermore, your report and analysis should also incorporate relevant empirical research, the conceptual framework and accounting theories.
   Process Summary:

   1. Document reporting practices of an Australian listed entity, its’ industry and two comparison firms pertaining to the impairment of assets;
   2. Investigate the reporting practices of these firms and industry;
   3. Analyse the value relevance of the current reporting requirements and practices in relation to the impairment of assets; and
   4. Make recommendations for practice, users and/or regulators to consider

   Project Requirements:Refer attached document: I will attend below

   
   Word Limit Guidance: There is no word limit, however the report should be comprehensive, concise, presented in a professional manner and only contain relevant information. As a guide: 8-10 pages (excluding cover page, references and appendices).The assignment should be submitted via the ilearn submission link below, in one word document named with your SID only (eg 12345678), by the due date.

   Due Date: Midnight Friday, Week 11

   Grading Guidance:An overview of the grading categories is as follows:* High Distinction (85% -100%) – Outstanding or Exemplary Performance, Superior Level* Distinction (75% – 84.99%) – Goes well beyond minimum requirements, Advanced Level* Credit (65% – 74.99%) – Goes beyond minimum requirements, Proficient Level* Pass (50% – 64.99%) – Meets Requirements, Functional level* Fail (0% – 50%) – Does not meet requirements Detailed grading guidance is
   

   included in the attached document: I will attached below

   Academic Integrity

   Note that this is an individual assignment. Your attention is drawn to the following:

   • Submission of an assessment constitutes an agreement with the following declaration:
   • You acknowledge and agree that you have read and understood the University’s Academic Integrity Policy and Discipline Regulations, and that the submitted work is your own and does not breach these regulations; and
   • You acknowledge that the assessment item will be submitted via a plagiarism checking service which may then retain a copy of the item on its database for the purpose of future plagiarism checking.