Accounting theory

2019S3 TACC406 Group assignment information

Value: 30% of overall assessment
(20% for the written work and 10% for the presentation)

Due date: Tuesday 4 Feb 2020 (Week 8)

Word limit: 2500 words (excluding references)

Assignment Requirements:

• Group:

Students are to form groups of 4, each student’s name must be recorded on the coversheet
otherwise that student will receive zero for the assignment.

• Submission:

Students must submit the group assignment online by 11:59 pm (AEDT) on Tuesday 4
Feb 2020. Late penalty will be at 10% per day. Only the group leader should submit
online.

• Structure:

Use essay structure which contains introduction, body, conclusion and reference list.

• Formatting and referencing:

The assignment must be word-processed, 1.5 line spacing, and the word size should be 12
with ‘Times new roman’ font type. Harvard style reference preferred.

• Presentation:

The group presentation will be held during class time in week 8 (Monday 3 Feb 2020 for
Stream 1 and Tuesday 4 Feb 2020 for Stream 2). Students will present as a group, and
marks for the presentation will be awarded individually. Duration for presentation is 5
minutes for each student. All group members must attend and present, otherwise you will
lose the 10% of presentation mark.

Question:

IASB has issued International Financial Reporting Standards (IFRS) that are being adopted by
nations all over the world. Please read the IASB chairman’s speech at an event hosted by the
Accounting Standards Board of Japan about adoption of IFRS Standards around the world on 29
August 2018 in Tokyo. You can access the full speech by using the following link:

https://www.ifrs.org/news-and-events/2018/08/chairmans-speech-japan-and-ifrs-standards/

Critically discuss any issues raised in relation to IFRS adoption around the world.

The objective of the assignment is to develop your critical thinking, technical research and
written communication skills. You need to investigate and analyse accounting literature and
recent developments on IFRS adoption. You are required to use extensive references to support
your discussion.

Please refer to the marking rubric for marking criteria.

TACC406 Group Assignment Marking Rubric (20 marks)

Topic
relevance

/5

0 1 2 3 4 5
Not attempted Topic totally

irrelevant and
inappropriate

Topic lacks clear
relevance, could
be more direct

and to the point

Topic relevance
appropriate but

sometimes strays
from the major

theme

Topic appropriate
and relevant

Topic
appropriate and

relevant with
particularly

relevant insights

Depth of
Research

/5

0 1 2 3 4 5
Not attempted No evident

research into

the topic

Some research
evident but few

citations

Research is
evident but

limited. Citations
appropriate to

context

Research is evident
and goes beyond
expectation with

citations
appropriate to

context

Research is
extensive with

particularly
insightful
citations

Critical
thinking,
analysis &
synthesis

/5

0 1 2 3 4 5
Not attempted Very little or no

evidence of
understanding of

the topic

Some
understanding of
the topic evident

but with little
evidence of

critical thinking
and analysis

Understanding of
the topic evident –

some critical
thinking, analysis
and synthesis of

available literature

Good
understanding of

the topic with
evidence of critical
thinking with deep

analysis and
synthesis of
information

Very high
understanding of

the topic with
insightful
evaluative

comments and
conclusions

Writing skills
(including
structure,
grammar,
spelling,
referencing
style,
etc.)

/5

0 1 2 3 4 5
Not attempted Very poor

structure,
No clear

introduction and

conclusion
provided,

Very poor

grammatical
expression and
spelling errors,

None or few
references and

citations

Poor structure,
Brief introduction

and conclusion
provided but not
particularly clear,

Low levels of
writing ability

evident, simple
expression with

many spelling and
grammatical

errors,
Some references

but lacking in
proper use of a

referencing style

Clear structure,
Introduction and

conclusion
provided but could

be more concise
and clear,

Average levels of
writing ability with
some spelling and

grammatical
errors,

Appropriate
references with

some inaccuracies
in the use of a

referencing style

Good structure,
Clear introduction

and conclusion
provided,

High level of
writing ability –

clear concise
expression with

few grammatical or
spelling

inaccuracies,
Appropriate

references with
few inaccuracies in

the use of a
referencing style

Excellent
structure,

Clear, concise
and well

expressed
introduction and

conclusion
provided,

Very high level of
writing ability

with no
grammatical or
spelling errors,

References
accurate without
any inaccuracies

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