Financial Accounting: Assignment Sample

Added on - 2020-11-12

Trusted by 2+ million users, 1000+ happy students everyday

Showing pages 1 to 8 of 37 pages

accounting assignment sample

Found this document preview useful?

You are reading a preview Upload your documents to download or Become a Desklib member to get accesss

Students who viewed this

An assignment examples on finance and accounting s is a prosaic composition of a small volume and free composition, expressing individual impressions and thoughts on a specific occasion or issue and obviously not claiming a definitive or exhaustive interpretation of the subject.

Some signs of finance and accounting s assignment:

The goal of an assignment in finance and accounting s is to develop such skills as independent creative thinking and writing out your own thoughts.

Writing an assignment is extremely useful, because it allows the author to learn to clearly and correctly formulate thoughts, structure information, use basic concepts, highlight causal relationships, illustrate experience with relevant examples, and substantiate his conclusions.

Examples List on Finance and Accounting Assignments

Assignment Help & Writing Services

Download Free Samples for Accounting Assignment

  • Assignment Help

Choose the service you are looking for:

  • Business Plan
  • Course Work
  • Dissertation
  • Minor Case Study
  • Ph.D. Thesis

Choose the level you are looking for:

  • High school
  • PhD/Doctorate
  • Post Graduate/University
  • Undergraduate/College

Introduction of Accounting And Finance For Decision Making Assignment Get free written samples from expert assignment writers and academic writing services in UK. Accounting and reporting of the financial information are significant for facilitating the smooth flow of investments on the part of shareholders and the interested inventors. Analysis... ReadMore

Introduction of Dysonica Plc: Case Study Get free written samples from subject experts and online assignment writing service in UK. Task 1 Absorption costing Absorption costing 1000 Unit 1 Unit Raw material 15000 15 Machinery 1500 1.5 Factory and storage... ReadMore

Introduction Of Financial Accounting for Decision Making Assignment Get free written samples from subject experts and online assignment writing service in UK. The report will be highlighted about the financial performance of a British food company trying to capture market share and enhance their business turnover. Associated British Foods PLC is... ReadMore

Introduction of Reflective Commentary on Practice Assignment Get free written samples from subject experts and Assignment Writing in UK. This study can illustrate a sketch of the Tumblr organisation, a renowned organisation in America. This analysis will also help determine a strategic audit of the Tumblr organisation and present that... ReadMore

Introduction of Accounting And Finance For Decision Making Assignment Get free written samples from subject experts and Assignment Writing in UK. 1. Executive Summary 1.1. Introduction of the company Unilever is the leading retailer of the UK that deals in driving superior performance which are purpose-led and future fit businesses. The... ReadMore

Introduction of Global Business Strategy: WeChat Assignment Get free written samples from subject experts and Assignment Writing in the UK.  The report will discuss the strategic analysis of We Chat. We Chat is one of the leading companies in the world, with more than 400 brands in its portfolio. They have almost everything a... ReadMore

Introduction Of Accounting And Financing Of Decision Making Assignment Get free written samples from subject experts and Assignment Writing in UK. 1. Executive summary In the report, it has been discussed the impact of Covid 19 in the organization and economy dramatically. In this study, it has been discussed the Accounting and finance making... ReadMore

35% OFF

Get instant access to student account

Don't have an account? Sign Up

Already have an account? Sign In

accounting assignment sample

  • 11500+ Project Delivered
  • 503+ Experts 24*7 Online Help

offer valid for limited time only*

Get $30 referral bonus and Earn 20% COMMISSION on all your friend's order for life! Start Earning

New User? Start here.

Popular Search

  • Order an assignment
  • Track your order
  • Why Order us
  • Free Samples
  • Order discount now

Get Instant Help From 5000+ Experts For

Writing Get your essay and assignment written from scratch by PhD expert

Rewriting: Paraphrase or rewrite your friend's essay with similar meaning at reduced cost

Editing: Proofread your work by experts and improve grade at Lowest cost

Phone no. Missing!

Enter phone no. to receive critical updates and urgent messages !

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Guaranteed Higher Grade!

Choose the service you looking for:, choose the level you are looking for:, afe6014-b empirical methods in accounting and finance.

  • Course Code: AFE6014B
  • University: University Of Bradford
  • Country: United Kingdom

Answer: Different investors have different tolerance to risk. Other than age, goals and preferences, risk return tradeoff also affects investors’ decision on risky investments.  According to John and Luis (2005), risk-return tradeoff explains that level of return from an investment should increase with increase in risk levels. Therefore, a risk aggressive investor in a higher risk investment does so in anticipation of greater probab...

FINM4100 Data Analytics In Accounting Economics And Finance

  • Course Code: FINM4100
  • University: Kaplan Business School
  • Country: Australia

Answers: Introduction A central bank can be referred to as a public institution that is involved in managing a country’s or a group of countries’ currency and controlling the supply of money that the amount of money circulated. Ensuring price stability is the main objective of central banking. In some countries, law requires the central banks to act to support full employment. Setting the interest rate is one of the primary tools ...

TACC607 Managerial Accounting

  • Course Code: TACC607
  • University: Australian National Institute Of Management And Commerce

Answer: Variances Variance analysis is a crucial management accounting technique which involves the comparison of the standards numbers to the actual performance numbers (Ward, 2012). It is to be noted that there are different category of variance analysis, and same could be computed for both the quantity and price of materials, labour rate, labour efficiency and variable overhead, and there reporting of results is done to the management of a...

Answer: Variances Variance analysis is a crucial management accounting technique which involves the comparison of the standards numbers to the actual performance numbers (Ward, 2012). It is to be noted that there are different Category Of Variance Analysis, and same could be computed for both the quantity and price of materials, labour rate, labour efficiency and variable overhead, and there reporting of results is done to the management of a...

TACC615 Professional Accounting Capstone

  • Course Code: TACC615
  • University: Top Education Institute

Answers: Question 1 Climate change refers to long-term changes in temperature and weather patterns. It is indeed possible that the solar cycle is to blame for these alterations if they are natural. Human activity has always been the major cause of climate change because of the reliance on fossil fuels such as coal, oil, and gas for energy. When fossil fuels are burnt, a layer of greenhouse gases forms, trapping solar heat and raising glo...

AC2097 Management Accounting

  • Course Code: AC2097
  • University: University Of London

Answer: Identifying the areas for improvement, while providing three business recommendations to management: The three business recommendations to management are the adoption of the Implementation of control on external spending, eliminating the concerns of capacity utilization and a zero-based costing system. The above three measures would mainly ensure that the organisation is able to improve its current operations while having lower concer...

ACCT588 Contemporary Issues In Accounting

  • Course Code: ACCT588
  • University: Central Washington University
  • Country: United States

Answers: The Sarbanes-Oxley Act of 2002 also referred to as the Corporate Responsibility Act of 2002 and SOX Act of 2002 it was passed on July 30. The law was passed by the US congress as a law that would act as a protection for the investors from the fraudulent financial reporting that can be carried out by the corporations (Kenton, 2020). The act is mandated strict reforms to the US securities regulations that existed and imposed more tough ...

ACCFIN5002 Advanced International Corporate Reporting

  • Course Code: ACCFIN5002
  • University: University Of Glasgow

Answer: Introduction The report seeks to analyse the financial of ASOS Plc, a company listed on London Stock Exchange. The company is UK based and is an online retail company. The company is engaged in a selling a range of fashionable products online. The company segment include UK, US, EU and rest of world.  The company has more than 90000 products listed on its website and brand includes ASOS design, ASOS edition, collusion, reclaimed ...

BA30592E Recording Business Transactions

  • Course Code: BA30592E
  • University: University Of West London

Answer: Part A 1.Journal Entries Date Particulars Debit £ Credit £ Sep. 1 Allowance for bad debts 105       Account receivable   105   Receivable from P. Mullen recorded as write off     Sep. 5 Account Payable 150       office Fixture   ...

BFA742 Advanced Financial Accounting

  • Course Code: BFA742
  • University: University Of Tasmania

Answer: Answer 1 As per the scenario given, Zynga does not charge its customers for playing games instead they earn their revenue by making Sales Of Virtual Goods associated with the online games offered to the customers as well as from the sales of advertising within their games. Answer 2 As per the information given Zynga Inc recognize the revenue obtained from the sale of virtual goods when the players of the games have obtained the serv...

Answers Part A 1. In order to succeed in decorator business following steps should be taken into consideration by David: Create a plan: Decorator business mainly involves preparation, delivery, decoration and presentation. It is necessary to arrange for contracts and also understand how market works and limitations and benefits of it. It is important to arrange for decoration services as well as tent services and to decide what will be your ...

3101AFE Accounting Theory And Practice

  • Course Code: 3101AFE
  • University: Griffith University

Answer: Article 1 a) Article 11: NAB to face backlash on executive pay A record-breaking rebellion was faced by the National Australian Bank (NAB) over the bank’s executive pay management. It was mainly because of the inappropriate remuneration framework implemented by NAB’s Board of Directors. In September, a revamped executive pay regime of the bank was revealed by its chairman, Kent Henry, and this new executive remuneration m...

22420 Accounting Standards And Regulations

  • Course Code: 22420
  • University: The University Of Sydney

Answer: Issue 1 CSL Limited is regarded as a global leader in biotechnology that is involved in developing and delivering innovative medicines for saving lives, protecting public health and helping people with life-threatening medical condition to live their full lives. The two main businesses of CSL Limited are CSL Behring and Seqirus. CSL Behring develops and delivers high-quality medicines that treat people with serious and rare diseases; ...

MP222 Corporate Accounting And Reporting

  • Course Code: MP222
  • University: Wentworth Institute Of Higher Education

Answer: Part 1 Answer a) Webjet limited is a company that provide travel booking services to its customers via online mode (Pitchbook.com, 2022). It is described as an online travel agency, that provide its customer with numerous benefit such as they help them to search and make bookings in domestic and international travel flights deals that is best suitable for them. they also provide car hire and hotel accommodation services to its custom...

ACCTG199 Accounting For Problem Solving

  • Course Code: ACCTG199
  • University: University Of Washington

Answers: Introduction The most innovative company of America, Enron has been a name which were prominent to the history of US energy industry. The company has initially mentioned that the accounting policies of the company were apt and there was no loophole in the same. However, the firm were bankrupt when it is discovered that the company were through various financial crimes and inappropriate accounting policies (Bhaskar, Flower & Selle...

JOIN US! before it’s too late.

That's our welcome gift for first time visitors

Sign up now and Get The Exclusive offer* Limited Time Only

5% cashback.

On APP - grab it while it lasts!

Download app now (or) Scan the QR code

*Offer eligible for first 3 orders ordered through app!

GET BEST PRICE FOR YOUR WORK.

5000+ experts.

ONLINE TO HELP YOU 24X7

GUARANTEED GRADE

OR GET MONEY BACK!

RATED 4.9/5

OUT OF 38983 REVIEWS

Business Intelligence

Received my assignment before my deadline request, paper was well written. Highly recommend.

country

Have any Query?

Contact with us.

Only one step away from your solution of order no.

Attached Files

WOW! Book 3 Assignments → and Get 10% Off on Each → Grab it Now

 No1 Assignment Help

Free Sample Essays Assignments

Assignment Samples , Essay Sample , Dissertation Sample , Case Study Sample , Assignment Examples , Essay Format , Science/Math assignment sample , Computer Science assignment sample , Management Assignment Samples , Paper Writing Sample , Law Assignment Sample , Nursing Assignment Sample , Finance Assignment Sample , University Assignment Sample , Essay Assignment Sample

Accounting Assignment Sample

  • Marketing Assignment Sample
  • Management Assignment Sample
  • Economics Assignment Sample
  • Finance Assignment Sample
  • Strategic Management Assignment Sample
  • Statistics Assignment Sample and Example for Students
  • Accounting Case Study Sample
  • Case Study Assignment Sample
  • Nursing Assignment Sample
  • Social Science Assignment Sample
  • Nursing Leadership Essay Sample
  • Business Law Assignment Sample
  • Company Law Assignment Sample
  • Administrative Law Assignment Sample
  • Taxation Law Assignment Sample

Referencing Style

  • Sample Assignment on Harvard Referencing
  • Sample Assignment in APA Format
  • Sample Assignment in MLA Format
  • Assignment Report Writing Format & Structure Sample
  • Assignment Introduction Sample
  • Sample Body Structure of Assignment Writing
  • Bibliography Sample for Assignment
  • Assignment Sample for University Students
  • Acknowledgement Sample for Individual Assignment
  • Sample of Assignment Table of Contents

Review and Download PDF for Accounting Assignment Sample :

Topic: Achievement of Environmental Goals at Visy Document Type:  Accounting Assignment Sample Subject: Management Accounting Number of Words: 1500 words Pages: 6 pages Referencing Style: APA

If link not working in your iPhone /Android mobile handset? Check out in Desktop browser! Or Download PDF for Accounting Assignment Sample here for better result

High Quality 99% Accuracy

Get Help With Your Assignment Questions by Professional Writer

Assignment help testimonials.

accounting assignment sample

They are really the #No1 site in helping students. My Management assignments were getting heaped, and I had no idea how to complete them. Then I got to know about professional assignment help by Assignment Task. I must tell they are really brilliant in assignment writings and urgent submissions. Really happy to get connected with them. Thanks, GUYS!! Great job done!  Andreia (QLD, Australia)

accounting assignment sample

I am glad to have an excellent level of business assignment help at Assignmenttaask.com. They are amazing and helped me to brag A+ grades. Great professionals, good teamwork and high- quality assignment delivery service. I like their 24/7 service for students and the price they charged is just unbelievable. Truly recommendable. Oliver (BRISBANE Australia)

accounting assignment sample

I am John Doe, a marketing student in Australia and I like to thank the writers’ team of Assignment Task to give me Australia-based marketing assignment help and complete my bulk assignments on time. Also thank you for understanding my financial constraints. I like to recommend students their assignment writing service to all students with financial constraints. Jhon Doe (Sydney, Australia)

accounting assignment sample

Anyone looking for UK finance assignment help, I recommend assignment task for sure. To my experience, they have the best team of writers who can write you top-quality finance assignments according to UK University guidelines. Even being an average student I got top grades, thank you team Assignmenttask.com. Keep on doing this wonderful job. John Smith (London, UK)

accounting assignment sample

Great mentoring, great accounting assignment help! I got the highest grades in my accounting paper. Timely delivered assignment help, lowest price, and professional support, I am pleased with their essay writing service. I won’t be approaching any other professional accounting help. Thanks for being so cooperative. Wael Ahmad (Dubai, United Arab Emirates)

accounting assignment sample

“I was not aware how to write an assignment and wrote 49% plagiarized … found AssignmentTask.com on internet…Got case study assignment by them with 100% plagiarism. Thank you” Kristy (Birmingham, UK)

accounting assignment sample

Their nursing assignment case study help is absolutely genuine, I vouch for it. You won't find even a single bit of any copied material in it. Thank Team assignmenttask.com! Ronny (London, UK)

accounting assignment sample

I had an essay with a 24-hour deadline. Assignment Task- nursing assignment help online service helped me a lot in completing my essay with APA7 format.  On-time delivered. I got good remarks from my supervisor. They also provided me with free samples of an essay. Michelle (Oxford, UK)

accounting assignment sample

If you are seeking quality writing at affordability cost then you should hire an Assignmenttask.com expert. It is my recommendation that you won't waste your time and cost working with them. Thank you team for helping with MBA assignment writing. Chirag (Qatar)

accounting assignment sample

This wasn’t my first assignment order. I keep all my ordering with them because awesome service and quality are better than the rest online assignment service provider. Thanks as usual! I always strongly recommend you guys to my friends who need assignment help. Salman Hassan (Saudi Arabia)

accounting assignment sample

I thought I would surely fail in my Law class because I’m bad at professional writing. But then I tried your Law assignment help services and got a good professional essay. I will be using your online writing assignment experts support all the time now! Thanks a ton!! Jen (Nottingham, UK)

accounting assignment sample

Much thanks to you guys for helping me in making my assignments and case studies for the MBA subject. I am a powerless student and I usually get holy by MBA online assignments help, your MBA experts team composed my all tasks the way I wanted which got me a good score Sam (Melbourne , Australia)

accounting assignment sample

Accounting & finance assignments questions and answers can be one of the toughest tasks to do when you have a few days left in deadline submission. It took just 48 hours to get my Accounting & finance homework done from the Assignmenttask.com subject matter expert only. I can’t thank you enough for such a wonderful service. Paul (Melbourne, Australia)

accounting assignment sample

Great expert team, great help! Meets the deadline and quality work as promised:)  Assignment Task is the best online assignment provider,  I recommended to my friends who appreciate the good help in making sense. Cheng (Kuala Lumpur, Malaysia )

accounting assignment sample

I am very satisfied with my 100 pages dissertation help online which was delivered to me. The subject matter expert researcher sticks to the assessment specifications and necessary condition and the provided dissertation topic was written beyond my expectation and high standard. Edison (Brisbane, Australia)

accounting assignment sample

I can’t believe a professional nursing assignment help can be so brilliant. Thanks to the team assignment task. They truly made my nursing assignments the best. You guys are doing a great job. Thanks for sending my assignments online before the deadline. I liked their hassle-free procedure of sending request and assignment writing costs are just WOW. Abimbola (Nigeria)

accounting assignment sample

As per my experience of online assignment writing services, Assignment Task is the best for MBA Students. Being a University UK student, I experienced a few frauds in online assignment services earlier. Assignment Task brought my trust back. They are really the best professionals to write an excellent quality assignment on time. Thanks a ton! Albert (Bristol, UK)

accounting assignment sample

Statistical analysis topics are always torturing. But thank god, I got professional statistic assignment help from Assignment Task. Commendable team, great coordination, extensive experience, and affordable pricing, these are features I liked the most about them. Thanks a lot to the team. You helped me gain confidence again. Daniel (Queensland, Australia)

accounting assignment sample

Amid all my tests and examinations, homework doing became a stressful task. So I decided to seek professional homework answer help and I found Assignment Task really convincing. They performed an excellent job. All my doubts answered correctly. Thanks to the team that I submitted my homework on time and got the best grades as well. You guys rock! Alex (Choa Chu Kang, Singapore)
I asked for my managerial accounting assignment help form Assignmenttask.com.  Get quality work as promised expert team and they meets the deadline. most recommended , Great  great help!   Alex (Kuala Lumpur, Malaysia )
It was good Taxation law and well reference! i got A+ Mark in my assignment. thank you Assignment task team !  Alex1 (Kuala Lumpur, Malaysia )

Securing Higher Grades Costing Your Pocket? Book Your Assignment help at The Lowest Price Now!

My Assignment Help

+ 61-7-5641-0117

[email protected]

Myassignmenthelp submit now

Accounting Assignment Sample Solution

FUNDAMENTALS OF VALUE CREATION IN BUSINESS

Executive summary

The primary purpose of this report is to use financial analysis tools to identify the financial position of an organization with the help of annual reports. Organization under the financial analysis of this report is Crown Resorts Limited which is an Australian organization operating in the gaming and entertainment industry. This report has used ratio analysis for the purpose of financial analysis through annual reports of the past five financial years. Ratio analysis in this scenario has been conducted in such a manner that solvency, profitability and liquidity position of the organization can be identified separately. After conducting the ratio analysis it can be said that profitability, liquidity, and solvency of the organization are sound and effective at the end of 2019. It is suggested in this report to continue with similar operations in the future so that the efficiency of business operations can be maintained.

Introduction

Analysing the financial position of a business organization with the help of annual statements published at the end of the year has become very common among business organizations. One of the primary advantages of conducting this type of analysis is that business organizations are able to identify internal deficiencies and strengths. Comparing financial positions with previous years or with main competitors in the market can be helpful in determining the strategies that should be adopted to improve financial performance. The market standing of the company can also be analysed by identifying market elements such as market price per share or PE ratio. The main focus of this report will be to analyse the financial position of Crown Resorts Limited. A significant number of gambling and entertainment complexes have been owned by this organization throughout different parts of Australia (Schroeder, Clark & Cathey, 2019). The financial position of this organization will be evaluated by the data provided by the organization at the end of a financial year through its annual reports. Financial statement analysis will be conducted by analysing three major aspects of business i.e. profitability, solvency, and liquidity. At the end of the report, conclusions will be made regarding the financial position of the company by considering all the three factors under consideration. Ratio and trend analysis will be used specifically for the purpose of evaluation in this report.

Profitability analysis

One of the most important aspects of any business organization is to ensure that profitability is increasing over a period of time. One of the primary factors that are considered by any investor before making their decisions with respect to investing in any business organization is return provided on an investment. Investors attend to identify ratios like net profitability and return on investment business organization and compare it with other similar organizations operating in the industry. It can be said that it is very essential for an organization to ensure that profit generation capabilities are increasing. In addition to that, every business organization is established with a profit-making objective and if profitability is decreasing then it can be said that it is not able to achieve its overall goals and objectives. It is important to conduct profitability analysis in order to identify deficiencies and correcting such deficiencies in an appropriate period of time (Pratt, 2016). The following are some of the ratios that will help in evaluating the profitability of Crown Resorts Limited.

Net profitability margin

Net profitability margin

This is one of the most important to the ratio that is commonly identified and analysed by investors before making investment decisions. This ratio helps in identifying the profits earned with respect to the total revenue. It can be said that cost management strategies of the organization can be evaluated with the help of this ratio. Essential for an organization to ensure a constant increase in revenue and net profitability to represent good profit generation capabilities of management. All the expenses are deducted from total revenue for calculation of Net profitability and then it is compared with the total revenue.

The above table clearly indicates that the net profitability of Crown Resorts Limited is fluctuating over a period of time. Profitability margins have decreased constantly in the first four years under consideration. It can be seen that net profitability has decreased from 13.00% to 9.09%. On the other hand, the overall profitability of the organization has increased to 14.02% in 2019 which is impressive as compared to the previous trend in the profitability of the company (Williams & Dobelman, 2017). It is considered that management has identified deficiencies in overall profitability and has made changes in the year 2019 which has resulted in increased profitability. Management is required to document this finding and ensure that proper procedures are followed in the future for maintaining this profitability margin. As a result of increased profitability chances of investment in Australian stock exchange will increase.

Return on equity

Return on equity

This is another commonly used that is analysed by investors in the investment decision-making process. This is due to the fact that it is a key indicator of prophets that are generated by the organization on equity invested by the organization. Every business organization expects to increase profitability with an increase in equity investment. This is due to the fact that additional capital will be used by the organization for Business expansion or improving strategies which will result in increased profitability. Therefore it is expected by investors that over the period of time return on equity will increase and with such increase actual return available on an equity investment will also increase (Robinson, Henry, Pirie & Broihahn, 2015). This ratio is calculated by dividing total net profit generated in a particular accounting period with an equity investment in the organization at the end of such accounting period.

Similar to the trend of net profitability, the constant decreasing trend can be identified in return on equity from 2015 to 2018. Return on equity has decreased by 38% over the period of these four years i.e. it has decreased from 9.7% to 6.07% in the period of 4 years. On the other hand overall return on equity has increased by 31% in the year 2019 as compared to 2018. Return on equity recorded in the year 2019 is 7.8% whereas it was 6.03% to in 2018. A clear indication can be made that two profitability has improved in 2019 as compared to the previous four financial years which is a substantial positive indicator for the business operations in the future. The decrease in return on equity ratio of the organization in the first four financial years cannot be contributed towards equity investment in the organization as it has been increasing constantly over the period. Overall equity investment in the organization has increased to $5157900000 from 4609000000. Clearly indicates that the primary factor of a decrease in this ratio can be contributed to decreasing net profit (DeFusco, McLeavey, Pinto, Runkle & Anson, 2015).

Return on asset

Return on asset

Return on assets is calculated for identifying profit generation capabilities of operations undertaken by the organization. One of the most important assets available for any business organization is current assets and non-current assets as management is able to generate profitability with the help of these assets. Assets are the elements owned by the organization that will provide future benefits for the company. For example plant machinery and equipment acquired by the organization helps in the production process that ultimately results in profits for the organization (Entwistle, 2015). This ratio is calculated by dividing net profit generated by the organization with the total assets available on the last date of the financial year.

Similar trends can be identified in all the profitability ratios under consideration. The return on asset ratio of the organization has a decrease from 2015 to 2018 whereas an increase can be identified in the year 2019. This ratio has decreased from 6.45% in 2015 to 4.46% in 2018 i.e. decrease in return on asset ratio of 30% can be identified during these four financial years. On the other hand, it has increased to 5.60% in 2019 which is a positive indicator of Profit generation capabilities in the future. Management is required to ensure that policies and procedures similar to 2019 will be adopted in the future to maintain profitability. Management is also required to focus on identifying the factors that have contributed to success in the year 2019 and try to focus on such success factors.

Return on invested capital

Return on invested capital

Return on invested capital is also a profitability margin that helps in identifying the return provided through business operations on capital invested in the business. This capital includes capital invested by equity shareholders or other outside stakeholders such as banks and financial institutions. Therefore it can be said that this ratio is of importance for both debt holders and equity holders (Eng, Tian & Robert Yu, 2018).

Return on invested capital has decreased in the first four financial years from 11.39% to 9.05%. Similar trends can be analysed in all the profitability margin ratios identified in the section. This ratio has improved in the year 2019 but the rate of growth has not been as significant as compared to other profitability ratios under consideration. Where other ratios have grown by the rate of 30% in 2019, return on investment capital ratio has increased by only 6%. Management is required to identify the cost efficiency of invested capital and ensure that effective and efficient capital investment has been made.

Asset turnover ratio

Asset turnover ratio

This ratio is another profitability ratio that is focused on identifying the relationship between total turnover and assets at the end of the accounting period. This ratio is analysed by internal management for identifying their efficiency to generate profits with the help of available assets. This ratio is used to identify the efficiency of total assets so that inefficient assets can be removed and replaced. The asset turnover ratio in the case of Crown Resorts Limited has been constant in all the financial year under consideration. It has been fluctuating over a period of 5 years but the rate of fluctuation is not very significant that it will have any significant impact on the organization (Wang, 2017).

After evaluating all the resources under consideration it can be said that the profitability has improved in 2019 as compared to the previous four financial years. The constant decreasing trend in profitability ratios could be identified in the first four financial years which indicates that management has been able to improve profitability in the current year. Management is required to identify the key performance indicators that you have worked in the interest of the business organization in 2018 and continue such operations to father make improvements in the coming financial years.

Liquidity analysis

This is another important part of a business organization that is concerned with the availability of cash and other current assets. The liquidity of an organization is required to be analysed at the end of every accounting period as liquidity of the company helps in managing the day to day operations of the company. In addition to that, there are various stakeholders that focus on the liquidity position of the company before going into business with the organization. For example, suppliers will decide their credit policies in accordance with the liquidity position of the organization (Taurista, Fatimah, Sukoco, Damayanti & Sin, 2018). The liquidity position of the organization is stronger than the credit period will be high otherwise credit period included in the contract will be low. The liquidity position is totally dependent on the availability of current assets at the end of the accounting period as compared to short term obligations on the same date.

Current ratio

Current ratio

The current ratio is one of the most commonly used ratios to analyse the liquidity position of an organization as it helps in comparing the availability of current assets if all the payment in relation to current liabilities is made at the end of the accounting period. Current assets can be described as the future income of the organization that will arise in the next 12 months (Bunker, Cagle & Harris, 2019). On the other hand, current liabilities are the obligations that are required to be paid off in the next 12 months. The organization with a strong liquidity position will have more current assets as compared to current liabilities as it will indicate that management has sufficient availability of cash and other marketable assets.

It can be identified the current ratio of the organization has been increasing constantly and it has decreased in the year 2019. It has increased from 0.81 in 2015 to 2.46 in 2018. Current ratio should be range between 1.5 to at the end of an accounting period as it is considered as the optimum current ratio. In the year 2018 current ratio was 2.46 which is high and can have a negative impact on other income generation capabilities of the organization (Panigrahi, Raul & Gijare, 2017). Excess of current assets in the balance sheet can be sold off and invested in fixed securities to earn extra income. It can be said that management has been able to reduce the current ratio is 2019 i.e. 1.21 and it has sufficient assets to pay off current liabilities. Management should try to increase this ratio between 1.5 and 2.

Quick ratio

Quick ratio

The quick ratio is similar to the current ratio but with some difference in the calculation of quick assets. Prepaid assets and amount of inventory are deducted from current assets so that quick assets can be calculated. Quick assets can be defined as the assets that are easily convertible into cash and inventory and prepaid assets cannot be converted immediately into cash. Therefore it can be said that this ratio will help in evaluating the immediate liquidity position of the organization.

On the basis of this ratio, it can be said that there is no significant difference between the current ratio and quick ratio in all the financial year under consideration. It indicates that management does not have a significant amount of inventory lying at the end of the accounting period (Collier, 2015). Management has been able to maintain a quick ratio of 1.20 at the end of 2019 which is impressive and indicates that management will be able to pay off current liabilities immediately with the help of assets that are easily convertible into cash.

Days inventory ratio

Days inventory ratio

This is a ratio that helps in evaluating the efficiency with which management is operating its day-to-day inventory. In simple words, it means that this ratio helps in evaluating the number of days in which the entire Inventory of the organization can be sold off. It is very essential for a business organization to ensure that management of the organization is able to maintain effective and efficient balance in this ratio as this ratio can have a significant impact on the cost-efficiency of the organization (Andrei, Gâlmeanu & Radu, 2018). In addition to that this ratio also shows the demand for products of the organization in the market as if days inventory ratio is very high then it shows that management is not able to move the inventory.

In the case of Crown Resorts Limited, the amount of inventory at the end of the accounting period is very limited. This is due to the fact that management of the organization is operating in a service industry and the amount of inventory lying in stock of service organization is negligible. this is the reason that to total days inventory ratio in the case of this organization has been around to in all the five years under consideration. It means that management is able to move its entire assets every 2 days which is significantly higher but it will not have any significant impact on the service organization.

Day’s receivable and payable ratio

Day’s receivable and payable ratio

These are the ratios that help in evaluating the credit policy of the organization as well as the credit policy of suppliers of the organization. Day receivable ratio helps in calculating the amount of time that is provided to the creditors of a particular organization. On the other hand, the day payable ratio helps in evaluating the credit policy of suppliers that are providing raw material to a particular organization (Caplan, 2016). Essential to ensure that there is an effective and efficient balance between these ratios as it will be beneficial for the organization if payment to suppliers is made after payment from customers is received.

In the given scenario day’s receivable ratio has been decreasing significantly and it has decreased from 38 days to 10 days over a period of 5 years. It clearly shows that management has been strengthening its credit policy to ensure that less amount of time is provided with respect to its credit sales. On the other hand, the day payable ratio has been increasing and it has increased from 47 days to 55 days in a period of 5 years. It shows that relaxation has been provided by suppliers with respect to the number of days within which the payment is required to be made (Ponisciakova, Gogolova & Ivankova, 2015). It clearly shows that time available for payment to the supplier is higher than time within which payment is received from the customers, therefore it can be said that these policies have been working in the interest of the company.

Solvency analysis

This analysis of the business organization is concerned with the efficiency of Management to develop and implement an effective and efficient capital structure. Maintaining solvency of a business organization is concerned with the effective balance between debt capital and equity capital in a business organization in accordance with its cost efficiency and requirement of the capital (Braun et.al, 2014). This ratio is analysed by long-term debt providers of a business organization as well as shareholders. Both of these stakeholders are interested in maintaining effective and efficient solvency as their capital is invested in the organization and they expect that management is operating with effective capital structure. It is also essential for the organization to ensure that proper solvency is maintained in order to develop cost-efficient and productive capital.

Gross gearing ratio

Gross gearing ratio

Gross gearing ratio can also be defined as a debt to equity ratio in which the proportion between the two main components of capital is calculated. It helps in evaluating the balance between available components of capital in any business organization to evaluate the solvency position of an organization. It can be said generally it is considered that optimum gearing ratio should range around 1.5 but this ratio decreases significantly with large scale operations of the organization (Crosson & Needles, 2013). This is due to the fact that availability and cost-efficiency of equity sources are significantly higher as compared to that debt sources for large scale organizations.

In the given scenario the gross gearing ratio has been decreasing significantly over the period of time. This issue has been 57%, 43%, 37%, 29% and 21% in all the financial years under consideration. It can be said that this decrease in this ratio shows that a debt component in the organization has also been decreasing significantly. This might be due to the fact that management has continuously been raising capital through equity sources of finance and paying off its debt on a continuous basis (Wahlen, Baginski & Bradshaw, 2014). This type of decreasing trend in gearing ratio is very common among the business organizations that are growing significantly and expanding their business.

Financial leverage ratio

Financial leverage ratio

The financial leverage ratio shows the dependence of a particular organization for the purchase of assets on the debt capital of an organization. It can be said that this ratio helps in evaluating the proportion of assets that are held by Debt holders and equity holders. It is important that management is able to maintain effective and efficient financial leverage over the period of time otherwise it will be difficult for the business organization in the future. For example, if the financial leverage ratio has been increasing constantly then management will face difficulties with respect to payment of the increasing debt (Töyli, Lorentz, Ojala, Hofmann & Lampe, 2013). In addition to that management will also require to provide Assets of the organization as security to debt providers.

In the given scenario leverage ratio has been decreasing slightly over the period of 5 years under consideration. It has decreased from 1.83 to 1.50 over the period of 5 years which is not very significant but it shows that management has not been very dependent on debt sources for the purchase of assets. This conclusion can also be supported with the help of a gross gearing ratio in which it was identified that the capital of the organization has been decreasing and equity financing is being used by the organization for raising capital.

Interest coverage ratio

Interest coverage ratio

This ratio shows the ability of an organization to pay the interest charged by debt providers in an organization. The main objective of this ratio is to identify whether management will be able to make payments in relation to interest with the help of earnings remaining after payment of tax and all the expenses. The interest ratio interest coverage ratio of the organization has been increasing significantly over the period of 5 years under consideration. The interest coverage ratio was 5.67 times in 2015 which has increased to 58.36 times. With the analysis of other solvency ratios, it can be said that the primary reason for the increase in this ratio is due to the decreasing proportion of debt capital in the organization (Francis, Pinnuck & Watanabe, 2013). It can be said that management will not face any problems in relation to the payment of interest in the future if the same capital structure is continued.

On and overall evaluation of this reported can be said that financial statement analysis can be very helpful. Financial stability and other aspects of the organization can be identified with the help of data provided in the financial statement. The use of a financial statement also helps in ensuring that accurate and relevant data has been used as financial statements of large scale business organizations are generally audited to identify their accuracy and relevancy. This report has conducted a financial analysis of Crown Resorts Limited with the help of financial data provided by the organization in the last 5 years. It can be concluded that the overall financial performance of the organization has been improved in 2019 as compared to the previous four years. The liquidity position of the organization has been maintained throughout the five financial years under consideration which can be identified with the help of the current ratio and quick ratio. Credit policies of the organization are is also providing a positive impact on operations. In the evaluation of solvency, it can be said that the equity component is significantly higher as compared to the debt component but it is very common for large scale organizations to adopt this type of capital structure.

Andrei, G., Gâlmeanu, R., & Radu, F. (2018). Managerial Accounting-an Essential Component of the Information System. Valahian Journal of Economic Studies , 9 (2), 109-114.

Braun, K. W., Tietz, W. M., Harrison, W. T., Bamber, L. S., & Horngren, C. T. (2014). Managerial accounting . Boston: Pearson.

Bunker, R. B., Cagle, C., & Harris, D. (2019). A Liquidity Ratio Analysis of Lean vs. Not-Lean Operations. Management Accounting Quarterly , 20 (2), 10.

Caplan, D. (2016). Managerial Accounting Concepts and Techniques.

Collier, P. M. (2015). Accounting for managers: Interpreting accounting information for decision making . John Wiley & Sons.

Crosson, S. V., & Needles, B. E. (2013). Managerial accounting . Cengage Learning.

DeFusco, R. A., McLeavey, D. W., Pinto, J. E., Runkle, D. E., & Anson, M. J. (2015). Quantitative investment analysis . John Wiley & Sons.

Eng, L. L., Tian, X., & Robert Yu, T. (2018). Financial statement analysis: evidence from Chinese firms. Review of Pacific Basin Financial Markets and Policies , 21 (04), 1850027.

Entwistle, G. (2015). Reflections on teaching financial statement analysis. Accounting Education , 24 (6), 555-558.

Francis, J. R., Pinnuck, M. L., & Watanabe, O. (2013). Auditor style and financial statement comparability. The Accounting Review , 89 (2), 605-633.

Panigrahi, D., Raul, N., & Gijare, C. (2017). Liquidity Analysis of Selected Pharmaceutical Companies: A Comparative Assignment. Journal of Management & Entrepreneurship , 12 (3).

Ponisciakova, O., Gogolova, M., & Ivankova, K. (2015). The use of accounting information system for the management of business costs. Procedia Economics and Finance , 26 , 418-422.

Pratt, J. (2016). Financial accounting in an economic context . John Wiley & Sons.

Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2015). International financial statement analysis . John Wiley & Sons.

Schroeder, R. G., Clark, M. W., & Cathey, J. M. (2019). Financial accounting theory and analysis: text and cases . John Wiley & Sons.

Taurista, D., Fatimah, M. P., Sukoco, A., Damayanti, E., & Sin, L. G. (2018). Analysis of Dominant Factors Influencing the Company’s Liquidity Decline. In Journal of International Conference Proceedings (Vol. 1, No. 1).

Töyli, J., Lorentz, H., Ojala, L., Hofmann, E., & Lampe, K. (2013). Financial statement analysis of logistics service providers: ways of enhancing performance. International Journal of Physical Distribution & Logistics Management .

Wahlen, J. M., Baginski, S. P., & Bradshaw, M. (2014). Financial reporting, financial statement analysis and valuation . Nelson Education.

Wang, J. (2017). ACCTG 663 Financial Statement Analysis.

Williams, E. E., & Dobelman, J. A. (2017). Financial statement analysis. World Scientific Book Chapters , 109-169.

My Assignment Help Services By Online Tutoring and Guided Sessions

  • Science Assignment Help
  • Geography Homework Help
  • Essay Assignment Help
  • English Essay Assignment Help
  • Humanities Assignment Asnwers Help
  • Law Assignment Help
  • Marketing Management Assignment Help
  • Project Management Assignment Help
  • Human Resources Assignment Services
  • Help With Assignment
  • Dissertation Writing Services
  • C# Assignment Help
  • Java Assignment Help
  • Python Assignment Help
  • CPM Homework Help
  • Database Assignment Help
  • Computer Networks Assignment Help
  • IT Assignment Help
  • Data Analytics Assignment Help
  • Mathematics and computing Help
  • Homework Help For Paper
  • Assignment Writing Help
  • Engineering Assignment Help
  • Perdisco Assignment Help
  • Finance Assignment Help
  • Economics Assignment Help
  • Statistics Assignment Help
  • Arts and Architecture Help
  • Strategy and Planning Help
  • Nursing Assignment Help
  • Health Informatics Assignment
  • Homework Help for Me
  • Case Studies Assignment Help

New Assignment Help

  • Managing Resources in an International Business Environment
  • Unit 35 Developing Individuals Teams and Organisations
  • Teaching in a Specialist Area
  • Just Baked Inventory Management Exercise Solutions
  • Orientation for Success in Higher Education
  • Leading and Managing Change Assignment
  • Business Management Assignment Sample
  • Download Free Samples

Accounting Samples

  • Assignment Help

Penicillin Antibiotic Discovery And Global Impact Digital Journal Entry Get Free Samples Written by our Top-Notch Subject Experts For Taking Online Assignment Help Services What does Penicillin do? Penicillin puts a stop to bacteria from the peptidoglycan synthesis; the molecular cell provides that wall with strength required to survive the... ReadMore

Download in last 7 Days - 189 Times

Introduction - Integrated Accounting Projects Get Free Samples Written by our Top-Notch Subject Experts For Taking Online Assignment Help The sustainable education practice in the Accounting curriculum is one of the most effective learning strategies for learning the subject in an effective way. With the advancement of time the concept of... ReadMore

Download in last 7 Days - 1003 Times

INTRODUCTION   Get free samples written by our Top-Notch subject experts for taking online australian assignment help services. While operating in a business environment it is important for the company to plan for the growth and success of the company. There are a large number of SMEs which are offering high quality products... ReadMore

Download in last 7 Days - 2698 Times

Introduction  Get free samples written by our Top-Notch subject experts for taking online assignment help services in australia. How Management Accounting Systems and Managerial Accounting Reporting are Integrated Within the Organisational Process Of the Enterprise. Managerial accounting gives qualitative as well as quantitative... ReadMore

Download in last 7 Days - 1332 Times

Introduction  Get free samples written by our Top-Notch subject experts for taking online assignment help & australian assignment help services. The Principles provided that the older people in the public eye should have freedom, the capacity to partake in the public arena, approach care, be qualified for... ReadMore

Download in last 7 Days - 506 Times

Introduction:-  Get free samples written by our Top-Notch subject experts for taking online assignment help & australian assignment help services. Investment plays a very crucial role in business, it is more important because a good investment can help to generate revenue with the right investment decision and how... ReadMore

Download in last 7 Days - 1365 Times

Type your WhatsApp number to get an exclusive code.

accounting assignment sample

Get instant access to student account

Don't have an account? Sign Up

Already have an account? Sign In

  • 95032+ Project Delivered
  • 503+ Experts 24*7 Online Help

offer valid for limited time only*

someone in has bought

© Copyright 2023 | New Assignment Help | All rights reserved

  • CRM Asignment Help
  • MBA Assignment Help
  • Statistics Assignment Help
  • Market Analysis Assignment Help
  • Business Development Assignment Help
  • 4p of Marketing Assignment Help
  • Pricing Strategy Assignment Help
  • Operations Management Assignment Help
  • Corporate Strategy Assignment Help
  • Change Management Assignment Help
  • Supply Chain Management Assignment Help
  • Human Resource Assignment Help
  • Management Assignment Help
  • Marketing Assignment Help
  • Strategy Assignment Help
  • Operation Assignment Help
  • Marketing Research Assignment Help
  • Strategic Marketing Assignment Help
  • Project Management Assignment Help
  • Strategic Management Assignment Help
  • Marketing Management Assignment Help
  • Business Assignment Help
  • Business Ethics Assignment Help
  • Consumer Behavior Assignment Help
  • Conflict Management Assignment Help
  • Business Statistics Assignment Help
  • Managerial Economics Assignment Help
  • Project Risk Management Assignment Help
  • Nursing Assignment Help
  • Clinical Reasoning Cycle
  • Nursing Resume Writing
  • Medical Assignment Help
  • Financial Accounting Assignment Help
  • Financial Services Assignment Help
  • Finance Planning Assignment Help
  • Finance Assignment Help
  • Forex Assignment Help
  • Behavioral Finance Assignment Help
  • Personal Finance Assignment Help
  • Capital Budgeting Assignment Help
  • Corporate Finance Planning Assignment Help
  • Financial Statement Analysis Assignment Help
  • Accounting Assignment Help
  • Solve My Accounting Paper
  • Taxation Assignment Help
  • Cost Accounting Assignment Help
  • Managerial Accounting Assignment Help
  • Business Accounting Assignment Help
  • Activity-Based Accounting Assignment Help
  • Economics Assignment Help
  • Microeconomics Assignment Help
  • Econometrics Assignment Help
  • IT Management Assignment Help
  • Robotics Assignment Help
  • Business Intelligence Assignment Help
  • Information Technology Assignment Help
  • Database Assignment Help
  • Data Mining Assignment Help
  • Data Structure Assignment Help
  • Computer Network Assignment Help
  • Operating System Assignment Help
  • Data Flow Diagram Assignment Help
  • UML Diagram Assignment Help
  • Solidworks Assignment Help
  • Cookery Assignment Help
  • R Studio Assignment Help
  • Law Assignment Help
  • Law Assignment Sample
  • Criminology Assignment Help
  • Taxation Law Assignment Help
  • Constitutional Law Assignment Help
  • Business Law Assignment Help
  • Consumer Law Assignment Help
  • Employment Law Assignment Help
  • Commercial Law Assignment Help
  • Criminal Law Assignment Help
  • Environmental Law Assignment Help
  • Contract Law Assignment Help
  • Company Law Assignment Help
  • Corp. Governance Law Assignment Help
  • Science Assignment Help
  • Physics Assignment Help
  • Chemistry Assignment Help
  • Sports Science Assignment Help
  • Chemical Engineering Assignment Help
  • Biology Assignment Help
  • Bioinformatics Assignment Help
  • Biochemistry Assignment Help
  • Biotechnology Assignment Help
  • Anthropology Assignment Help
  • Paleontology Assignment Help
  • Engineering Assignment Help
  • Autocad Assignment Help
  • Mechanical Assignment Help
  • Fluid Mechanics Assignment Help
  • Civil Engineering Assignment Help
  • Electrical Engineering Assignment Help
  • Ansys Assignment Help
  • Humanities Assignment Help
  • Sociology Assignment Help
  • Philosophy Assignment Help
  • English Assignment Help
  • Geography Assignment Help
  • History Assignment Help
  • Agroecology Assignment Help
  • Psychology Assignment Help
  • Social Science Assignment Help
  • Public Relations Assignment Help
  • Political Science Assignment Help
  • Mass Communication Assignment Help
  • Auditing Assignment Help
  • Dissertation Writing Help
  • Sociology Dissertation Help
  • Marketing Dissertation Help
  • Biology Dissertation Help
  • Nursing Dissertation Help
  • MATLAB Dissertation Help
  • Law Dissertation Help
  • Geography Dissertation Help
  • English Dissertation Help
  • Architecture Dissertation Help
  • Doctoral Dissertation Help
  • Dissertation Statistics Help
  • Academic Dissertation Help
  • Cheap Dissertation Help
  • Dissertation Help Online
  • Dissertation Proofreading Services
  • Do My Dissertation
  • Business Report Writing
  • Programming Assignment Help
  • Java Programming Assignment Help
  • C Programming Assignment Help
  • PHP Assignment Help
  • Python Assignment Help
  • Perl Assignment Help
  • SAS Assignment Help
  • Web Designing Assignment Help
  • Android App Assignment Help
  • JavaScript Assignment Help
  • Linux Assignment Help
  • Mathematics Assignment Help
  • Geometry Assignment Help
  • Arithmetic Assignment Help
  • Trigonometry Assignment Help
  • Calculus Assignment Help
  • Arts Architecture Assignment Help
  • Arts Assignment Help
  • Case Study Assignment Help
  • History Case Study
  • Case Study Writing Services
  • Write My Case Study For Me
  • Business Law Case Study
  • Civil Law Case Study Help
  • Marketing Case Study Help
  • Nursing Case Study Help
  • ZARA Case Study
  • Amazon Case Study
  • Apple Case Study
  • Coursework Assignment Help
  • Finance Coursework Help
  • Coursework Writing Services
  • Marketing Coursework Help
  • Maths Coursework Help
  • Chemistry Coursework Help
  • English Coursework Help
  • Do My Coursework
  • Custom Coursework Writing Service
  • Thesis Writing Help
  • Thesis Help Online
  • Write my thesis for me
  • CDR Writing Services
  • CDR Engineers Australia
  • CDR Report Writers
  • Homework help
  • Algebra Homework Help
  • Psychology Homework Help
  • Statistics Homework Help
  • English Homework Help
  • CPM homework help
  • Do My Homework For Me
  • Online Exam Help
  • Pay Someone to Do My Homework
  • Do My Math Homework
  • Macroeconomics Homework Help
  • Jiskha Homework Help
  • Research Paper Help
  • Edit my paper
  • Research Paper Writing Service
  • Write My Paper For Me
  • Buy Term Papers Online
  • Buy College Papers
  • Paper Writing Services
  • Research Proposal Help
  • Proofread My Paper
  • Report Writing Help
  • Story Writing Help
  • Grant Writing Help
  • DCU Assignment Cover Sheet Help Ireland
  • CHCDIV001 Assessment Answers
  • BSBWOR203 Assessment Answers
  • CHC33015 Assessment Answers
  • CHCCCS015 Assessment Answers
  • CHCECE018 Assessment Answers
  • CHCLEG001 Assessment Answers
  • CHCPRP001 Assessment Answers
  • CHCPRT001 Assessment Answers
  • HLTAAP001 Assessment Answers
  • HLTINF001 Assessment Answers
  • HLTWHS001 Assessment Answers
  • SITXCOM005 Assessment Answers
  • SITXFSA001 Assessment Answers
  • BSBMED301 Assessment Answers
  • BSBWOR502 Assessment Answers
  • CHCAGE001 Assessment Answers
  • CHCCCS011 Assessment Answers
  • CHCCOM003 Assessment Answers
  • CHCCOM005 Assessment Answers
  • CHCDIV002 Assessment Answers
  • CHCECE001 Assessment Answers
  • CHCECE017 Assessment Answers
  • CHCECE023 Assessment Answers
  • CHCPRP003 Assessment Answers
  • HLTWHS003 Assessment Answers
  • SITXWHS001 Assessment Answers
  • BSBCMM401 Assessment Answers
  • BSBDIV501 Assessment Answers
  • BSBSUS401 Assessment Answers
  • BSBWOR501 Assessment Answers
  • CHCAGE005 Assessment Answers
  • CHCDIS002 Assessment Answers
  • CHCECE002 Assessment Answers
  • CHCECE007 Assessment Answers
  • CHCECE025 Assessment Answers
  • CHCECE026 Assessment Answers
  • CHCLEG003 Assessment Answers
  • HLTAID003 Assessment Answers
  • SITXHRM002 Assessment Answers
  • Elevator Speech
  • Maid Of Honor Speech
  • Problem Solutions Speech
  • Award Presentation Speech
  • Tropicana Speech Topics
  • Write My Assignment
  • Personal Statement Writing
  • Narrative Writing help
  • Academic Writing Service
  • Resume Writing Services
  • Assignment Writing Tips
  • Writing Assignment for University
  • Custom Assignment Writing Service
  • Assignment Provider
  • Assignment Assistance
  • Solve My Assignment
  • Pay For Assignment Help
  • Assignment Help Online
  • HND Assignment Help
  • SPSS Assignment Help
  • Buy Assignments Online
  • Assignment Paper Help
  • Assignment Cover Page
  • Urgent Assignment Help
  • Perdisco Assignment Help
  • Make My Assignment
  • College Assignment Help
  • Get Assignment Help
  • Cheap Assignment Help
  • Assignment Help Tutors
  • TAFE Assignment Help
  • Study Help Online
  • Do My Assignment
  • Do Assignment For Me
  • My Assignment Help
  • All Assignment Help
  • Academic Assignment Help
  • Student Assignment Help
  • University Assignment Help
  • Instant Assignment Help
  • Powerpoint Presentation Service
  • Last Minute Assignment Help
  • World No 1 Assignment Help Company
  • Mentorship Assignment Help
  • Legit Essay
  • Essay Writing Services
  • Essay Outline Help
  • Descriptive Essay Help
  • History Essay Help
  • Research Essay Help
  • English Essay Writing
  • Literature Essay Help
  • Essay Writer for Australia
  • Online Custom Essay Help
  • Essay Writing Help
  • Custom Essay Help
  • Essay Help Online
  • Writing Essay Papers
  • Essay Homework Help
  • Professional Essay Writer
  • Illustration Essay Help
  • Scholarship Essay Help
  • Need Help Writing Essay
  • Plagiarism Free Essays
  • Write My Essay
  • Response Essay Writing Help
  • Essay Assistance
  • Essay Typer
  • APA Reference Generator
  • Harvard Reference Generator
  • Vancouver Reference Generator
  • Oscola Referencing Generator
  • Deakin Referencing Generator
  • Griffith Referencing Tool
  • Turabian Citation Generator
  • UTS Referencing Generator
  • Swinburne Referencing Tool
  • AGLC Referencing Generator
  • AMA Referencing Generator
  • MLA Referencing Generator
  • CSE Citation Generator
  • ASA Referencing
  • Oxford Referencing Generator
  • LaTrobe Referencing Tool
  • ACS Citation Generator
  • APSA Citation Generator
  • Central Queensland University
  • Holmes Institute
  • Monash University
  • Torrens University
  • Victoria University
  • Federation University
  • Griffith University
  • Deakin University
  • Murdoch University
  • The University of Sydney
  • The London College
  • Ulster University
  • University of derby
  • University of West London
  • Bath Spa University
  • University of Warwick
  • Newcastle University
  • Anglia Ruskin University
  • University of Northampton
  • The University of Manchester
  • University of Michigan
  • University of Chicago
  • University of Pennsylvania
  • Cornell University
  • Georgia Institute of Technology
  • National University
  • University of Florida
  • University of Minnesota
  • Help University
  • INTI International University
  • Universiti Sains Malaysia
  • Universiti Teknologi Malaysia
  • University of Malaya
  • ERC Institute
  • Nanyang Technological University
  • Singapore Institute of Management
  • Singapore Institute of Technology
  • United Kingdom
  • Jobs near Deakin University
  • Jobs Near CQUniversity
  • Jobs Near La Trobe University
  • Jobs Near Monash University
  • Jobs Near Torrens University
  • Jobs Near Cornell University
  • Jobs Near National University
  • Jobs Near University of Chicago
  • Jobs Near University of Florida
  • Jobs Near University of Michigan
  • Jobs Near Bath Spa University
  • Jobs Near Coventry University
  • Jobs Near Newcastle University
  • Jobs Near University of Bolton
  • Jobs Near university of derby
  • Search Assignments
  • Connect Seniors
  • Essay Rewriter
  • Knowledge Series
  • Conclusion Generator
  • GPA Calculator
  • Factoring Calculator
  • Plagiarism Checker
  • Word Page Counter
  • Paraphrasing Tool
  • Living Calculator
  • Quadratic Equation
  • Algebra Calculator
  • Integral Calculator
  • Chemical Balancer
  • Equation Solver
  • Fraction Calculator
  • Slope Calculator
  • Fisher Equation
  • Summary Generator
  • Essay Topic Generator
  • Alphabetizer
  • Case Converter
  • Antiderivative Calculator
  • Kinematics Calculator
  • Truth Table Generator
  • Financial Calculator
  • Reflection calculator
  • Projectile Motion Calculator
  • Paper Checker
  • Inverse Function Calculator

Online Free Samples

Choose the service you looking for :

  • Course Work
  • Dissertation
  • Programming

Choose the level you are looking for :

  • High School
  • Undergraduate
  • Postgraduate
  • PhD/Doctorate

CHECK THE PRICE FOR YOUR PROJECT

Number of pages/words you require, choose your assignment deadline.

Question Bank

Looking for Your Assignment?

accounting assignment sample

FREE PARAPHRASING TOOL

accounting assignment sample

FREE PLAGIARISM CHECKER

accounting assignment sample

FREE ESSAY TYPER TOOL

Other assignment services.

  • SCM Assignment Help
  • HRM Assignment Help
  • Dissertation Assignment Help
  • Marketing Analysis Assignment Help
  • Corporate Finance Assignment Help

FREE WORD COUNT AND PAGE CALCULATOR

FREE WORD COUNT AND PAGE CALCULATOR

accounting assignment sample

ESCALATION EMAIL

Sample Assignment Help

Accounting Assignment Sample

What is accounting assignment sample.

Accounting plays a key or prime role in business. The process of analyzing, calculating and evaluating the financial transactions that are taken place in business or organization or a company is known as accounting. Accounting Assignment Help Sample can be referred to know about various branches of accounting. Some of its important branches are- tax accounting, management accounting, forensic accounting, cost accounting, financial accounting and many more. Tax accounting is the study that focuses on any issue that is related to tax. It also covers concepts to understand the basic rules and principles of taxes.

Why Accounting Assignment Sample is important to write good accounting assignment?

Accounting is a vast subject as it has many branches which are classified into many sub-branches. In a nutshell, accounting is a lengthy course to complete. And to write an assignment in any accounting topic is difficult. This is so because there are many concepts to cover and students get confused. Accounting Assignment Sample will provide enough information on each accounting concepts that can eventually help you write the best assignments and make the most out of these samples. We understand that students sometimes do not pay attention in the class and miss some important topics. These topics are then given to them as part of daily activity in terms of assignments. Now, it is obvious for the student to get stuck at multiple places while trying to complete the assignment. in such scenario, our Sample for Accounting Assignment comes to the rescue. Thus, if you want to write a good accounting assignment that will help you fetch A+ grades, then our experts and their top-notch samples is the answer. If you are still not sure then do visit the homepage of our website and read the client reviews.

Why visiting our website for accounting sample?

Let us bring this to your attention that we are popular among students for our quality assignment samples. We are known for providing reliable Accounting Assignment Sample to students which are at a very affordable price. In our website you can find samples for all accounting concepts and its related topics. Thus, you do not have to seek help from multiple places. We have experts from different accounting fields who are experienced in their relative subjects and will guide you throughout your assignment writing process. The Accounting Assignment Project Sample prepared by us is the best one can find over web.

Area covered

Accounting Assignment Report Sample covers all major accounting areas like business evaluation, liabilities, global business, financial assets, capital budgeting, basic financial statements, standard cost system, incremental analysis, forms of business organization, financial statement analysis, costing, cost volume profit analysis, economic damages calculation, fund accounting, taxation, credit and debit, etc. Sample for Accounting Assignment also provides sample in topics like different accounting principles, important terms related to accounting such as finance, bookkeeping, ledger, etc. If any topic is not mentioned in our Avail sample section, then you can simply quote us the topic name and we will prepare the sample for you.

Looking for best Accounting Assignment Help . Whatsapp us at +16469488918 or chat with our chat representative showing on lower right corner or order from here . You can also take help from our Live Assignment helper for any exam or live assignment related assistance.

You can explore our samples by clicking here

  • How it works

post subheader image

Sample Masters Accounting and Finance Assignment

Here is a sample that showcases why we are one of the world’s leading academic writing firms. This assignment was created by one of our expert academic writers and demonstrated the highest academic quality. Place your order today to achieve academic greatness.

View a different grade

Annual Report-Based Risk Disclosure Practices

Executive summary.

Listed Organisations around the world are required to prepare annual reports presenting their financial condition and disclosures. They are required to raise important issues that are likely to affect the economic decisions of users of financial statements, including investors, shareholders, suppliers management, and government. Part of these overall disclosures is the risk reporting disclosure.

An organization’s risks are required to be reported because every organisation is likely to face risks in achieving its organisational objectives. This essay intends to focus on risk reporting of listed organisations in England and Whales to assess how they disclose risk and why they must improve their risk reporting and how. Based on findings through literature, recommendations have been provided at the end before the conclusion based on new risk reporting principles.

Introduction

Deumes (2008, p.123) stated that disclosure is an act to release all relevant information of a company that is likely to impact an investment decision. For being listed on Australia’s stock exchange, organisations must follow all disclosure requirements of the Securities and Exchange Commission.

To present a fair view of a company’s financial position, it must include both good and bad information associated with the company. Disclosure items include many perspectives such as the firm’s financial condition, its operating results, and compensation to management and risk disclosures.

This essay is mainly related to risk disclosures that companies must follow so that stakeholders know how much stock of a company is risky to make investment and other decisions. The purpose of presenting risk disclosures is a fair representation of the company’s risk position to base their decision on fair information.

This essay includes seven sections; the first is information disclosed in the annual report by companies, second is associated with risk disclosure in the annual report. The third is different risk perspectives. The fourth represents incentives and disincentives to provide disclosures. The fifth section provides reasons as to why regulators encourage risk disclosure. The sixth gives recommendations to companies for their risk disclosures. Last is the conclusion of the whole essay.

Information Disclosed in Annual Report

Companies publish an annual report for the use of shareholders to communicate information through it. Directors use this mode of communication to relay vital information about the operations and affairs of the company. It may contain brief information about the vision and mission of the company. Secondly, it includes information on the products and services offered by the company.

Recent developments are mentioned in the report. It displays the strategies, communication from the chairman/CEO, financial review and other business details, risk review and corporate governance requirements, directors’ report, financial statements about the period, auditors report, and additional support information.

The literature about disclosure in the annual report states that shareholders and prospective shareholders use the annual report to aid in their decision-making. In the early days of corporate reporting, the annual report’s information contains only financial information, with details of its financial decisions during the year. Further, in Arshad’s (2011) words, it has been mentioned that current requirements of annual reports have expanded and include a lot of information as listed in the previous paragraph. In addition to this, companies also provide environmental reports and sustainability reports.

These days risk review forms an integral part of the annual report. It explains various kinds of risks faced by the company and measures adopted to address those risks. The shareholders and prospective shareholders are interested in information on business risks faced by the company.

Risk Disclosure in Annual Reports

Companies appoint a separate head of risk, sometimes called by the name of the Chief Risk Officer, to assess and evaluate risks faced by the company. The designated person prepares and attaches a separate report called risk review to the annual report as per Abdallah et al. (2015). In the article published by Arshad (2011), risk disclosure is defined as the communication of strategic information and other operational and external information that impacts the company’s progress.

The information included is usually vital for the shareholders’ decision-making. It can be categorized into mandatory information and voluntary information. The article states that non-mandatory information is preferred by the users of the annual reports in making financial decisions and assessing risk exposure.

Risk disclosure in annual reports is affected by certain factors, including the country in which the company is located, the size of the company operating the business, managerial ownership, and the board of directors’ independence. The disclosure requirements are affected by the laws applicable in the country, which define the extent of voluntary disclosure to be made as per Nur Probohudono (2013).  The author further states that regulations developed in the UK and US have different effects because of varying regulatory environments. This means that country is a significant factor in determining the level of risk disclosures.

Secondly, as Nur Probohudono (2013) mentioned in the article, the company’s size is also a governing factor in determining the level of risk disclosure in the annual report. The voluntary disclosure depends on the firm size. The fact of whether the company is listed also impacts the quantity of voluntary risk disclosure. It is also mentioned that the responsibilities of companies, larger in size, are high. The same is also said by Elshandidy et al. (2013).

Another factor, as also mentioned in the same article, is the level of managerial ownership. If there are higher hierarchies in the company, risk disclosure is less, and there are fewer chances of communication of risk-related disclosure. The article stated that several studies conclude a negative relationship between the level of management and risk disclosure made by the company. The structure of ownership is a major factor in determining the level of exposure.

Lastly, the board of directors’ independence determines the amount of risk disclosures be made. If the board is not independent and is rather on the company’s payroll, the level of risk disclosures will be high, as mentioned by Khan et al. (2013). Voluntary disclosure needs to be made. In Nur Probohudono’s (2013) article, the studies state that independent directors on the boards emphasize more voluntary information in the annual report.

Hire an Expert Assignment Writer

Orders completed by our expert writers are

  • Formally drafted in the academic style
  • 100% Plagiarism-free & 100% Confidential
  • Never resold
  • Include unlimited free revisions
  • Completed to match exact client requirements

accounting assignment sample

Different Risk Perspectives

Risk reporting is not emphasized by any of the applicable accounting standards in the United Kingdom. The mandatory requirements of disclosure of risk are hence not enforced by any of the regulations. As mentioned in Elshandidy’s (2013) article, some voluntary disclosures are required by the ICAEW.

There are two perspectives of voluntary disclosure of risk information to stakeholders, as per Klumpes et al.  (2017). whenever the managers have positive news about the disclosure, they tend to communicate the risk information if it is beneficial as per the cost-benefit analysis. The reason behind more statements disclosed is due to demand from the general public for more transparency. Larger firms are in a better position to disclose information. The mentioned theories presume that one of the largest stakeholders in the disclosure requirement is the shareholder to be met by managers.

Secondly, the banking sector’s risk disclosure perspective is higher than any other sector in the business industry. The banks take huge credit risks in dispersing their lending. As mentioned by Muzahem (2011), there are few risk disclosure theories, one of which, called information asymmetry theory, states that risk disclosure is of great use to investors, analysts,s and other stakeholders of the firm. This disclosure promotes transparency and reduces information asymmetry.

On the other hand, agency theory suggests that relevant information be disclosed, which helps investors ensure compliance with agreements as per the contract. The risk information is disclosed as shareholders pressurize the managers. They appoint high-quality auditors to enable correct information to be presented in the annual report. Some authors state that there are reasons why managers would disclose risk information, as this would disclose that they have risk management systems.

The signaling theory emphasises that directors may want to signal investors’ profitability, hence disclosing risk information to attract better investments. Lastly, there is political cost theory, which means companies disclose risk information to overcome contracting and political costs and pressure generated.

Incentives / Disincentives to Provide Disclosures

Companies must provide disclosures; however, they hesitate to do so because there are also drawbacks of presenting risk disclosures. After all, they may act against the company. This section of the essay is related to incentives that encourage companies to present risk disclosures and disincentives to doing the same. Following are the incentives and disincentives of presenting risk disclosures in the annual report;

Dobler (2008, p.186) stated that any company and its operations are transparent if it has disclosed all the required information that it is required to tell; however, companies that do not provide complete disclosures can be seen with a wary eye. Stakeholders may think that its risk position may be weak due to which it has not disclosed the information so that stakeholders do not take any decision against the company.

Therefore, companies are encouraged to show all necessary and required information in their annual report to ensure transparency. On the other hand, according to Woods and Humphrey (2008, p.47), companies with strong positions and lower risks are specifically encouraged to present risk disclosure because there is no risk that stakeholders will decide against the company. Further, the company’s position becomes intense on the stock exchange because its share value is enhanced due to transparency.

Additionally, companies receive and retain independent auditors’ trust as they think it responsibly reports what it is required to report. Hence, there is no need for detailed scrutiny. Furthermore, risk disclosure enables management to critically look at its risk position and compare it to the previous year’s risk position to assess whether the risk is enhanced or deteriorated.

Based on which it can design and implement relevant policies. Listed companies in England and Whales are required to follow the requirements of ICAEW in which demand risk disclosures in detail so that transparent information is presented to the stakeholders. This requirement of ICAEW encourages companies to give risk disclosure.

Disincentives

Despite the many benefits of disclosing risk, organisations hesitate to present an absolute position in their stakeholders because of their decisions against the company. According to Elzahar and Hussainey (2012, p.135), if an organisation and its position are at risk, stakeholders will withdraw their stake in the company. Risk disclosures are the most common disincentive because companies try to attract stakeholders through their annual reports rather than disappoint them. Any stakeholder will look for any positive information and prefer to invest in a lower-risk company.

A major goal of a listed company is to attract stakeholders for its benefit. Still, stakeholders look for their benefit and prefer a lower-risk company to secure their funds. Furthermore, high-risk disclosure may compromise its position at the stock exchange, and its shares may go down if the company is highly risky. Moreover, Said Mokhtar and Mellett (2013, p.839) stated that sometimes it may be difficult to measure risk appropriately when the case is complicated yet important; such complication may also discourage the company from reporting risk or the fear that investors will withdraw their investment.

The Reason why Regulators Encourage Risk Disclosure

According to the regulators, Ryan (2012, p.297) stated that two primary purposes for risk disclosures are risk assessment and decision making. This decision-making is associated with all stakeholders of the company, including management. Risk assessment is very important for organizations as it enables them to become aware of their actual position. They may generate high profits but are also highly risky due to their capital structure or other issues.

According to Vandemaele and Michiels (2009), Risk reporting has been an issue over which ICAEW did pioneering work between 1997 and 2002. It called that risk reporting should be significantly improved. Since the time, there has been a material expansion in risk reporting and its quality. Regulators say that risk in business is more than the likelihood of corporate failure. There may be unexpected collapses that inevitably require a focus on the quality of risk reporting and may enhance unrealistic expectations.

For instance, risk reporting enables organizations to prevent failures in the future. Even risk reporting is not a guarantee that it will provide reliable early warning regarding any failure. However, risk reporting is necessary because there is always a risk that an organization may fail to achieve its objectives. ICAEW has focused on investors’ benefits by stating that they face various risks on their investment and are willing to face such risks in exchange for higher returns. Because they are eager to take these risks, they deserve to know all uncertainties within an organisation because they have a stake in the company.

If a material risk is not disclosed, they lose their money and may not trust the organisation again. It implies that non-disclosure of risk can be harmful to both organisation and investors or other stakeholders. Rajab and Handley-Schachler (2009, p.226) stated that investors consider business risks so far as they know them. Most investors who are risk-seeking to achieve higher returns should not think that the company will lose its investors by reporting risks.

However, hiding the existence of risk from stakeholders will result in losing their trust, and such an act is more likely to lose stakeholders. This is why regulators encourage companies to disclose risk because it helps gain and retain the trust of stakeholders. According to Hill and Short (2009, p.755), regulators are of the view that risk reporting is a product of the risk appetite of the company determined through the extent and nature of principle risks faced and such risks that a company is willing to take for the achievement of organisational objectives.

Reporting requirements should not drive risk appetite itself. Some executives are likely to suspect that when stakeholders and regulators ask for detailed and robust risk reporting, they ask organisations to take fewer risks. However, there doesn’t need to be a correlation between the sensitivity of company performance, the quality of risk reporting, and the robustness of the process that produces the risk. It implies the importance of risk reporting to companies. Regulators even say that it helps encourage companies to take fewer risks.

Recommendation

Recently, risk reporting has been a noticeable topic for organisations because ICAEW has increased its requirements regarding risk reporting and demands that companies disclose risk transparently (Elshandidy and Hussainey, 2013, p.323). This consideration of ICAEW implies that risk reporting is something significantly crucial for companies and their stakeholders. Two primary purposes of risk reporting, as stated by ICAEW, are risk assessment and decision making.

A company must assess its risk position because there is always some risk in achieving organisational objectives. There are levels and extents of these risks. They may or may not be material. Still, a ban organisation must disclose all material risks that it thinks can impact stakeholders’ decisions. Regulators, professional bodies, and stakeholders expect that organisations report both internally and externally because risk reporting is beneficial for stakeholders and the company itself.

The current requirement to improve risk reporting requires companies to be even more transparent in presenting their position, and regulators believe risk becomes lower when a company reports it correctly. Therefore, it is recommended that all listed companies on the stock exchange of England and Whales shall present risk disclosures appropriately. The improvements required by ICAEW included seven principles through which risk reporting could be improved. They are; companies should tell users what they want to know.

It should focus on quantitative information, integrate into other disclosures, management should think beyond the annual reporting cycle, list of principal risks should be short, current concerns should be highlighted, and report on risk experience (Linsley and Shrives, 2006, p.389). Every organisation listed on England and Whales’s stock exchange must follow these seven principles to make its risk reporting transparent and reliable. Even in the absence of regulatory requirements, external auditors challenge organisations and their executives on these disclosures. Now when regulation requires companies to improve these disclosures, then auditors will be even more cautious. It is recommended that every listed company must keep these seven new principles into consideration while making disclosures.

If you need assistance with writing your assignment, our professional assignment writers are here to help!

This essay is associated with risk disclosures and current requirements of risk disclosures by regulators and professional bodies, including ICAEW. The essay focuses on the importance of risk disclosures for the company and its stakeholders by stating that stakeholders base their financing decisions on the annual report and its components. A very integral part of the yearly report is risk disclosure. Risk disclosure is made for risk assessment and decision-making.

Risk assessment is mandatory for organizations to devise policies to bring down the level of risk. A high level of risk shows that the company is likely to suffer loss, resulting in a fall in the company’s share price and ultimately losing its market share and reputation. Therefore, risk must be minimized, and regulators believe that reporting risk appropriately can be a measure to bring down the risk. The essay includes a section in which the effect on risk disclosures is determined. It is found that risk disclosure in annual reports can be affected by country, company size, managerial ownership, and board independence.

This essay also discusses different perspectives of risk and incentives and disincentives of organisations to disclose risk, which says that stakeholder trust is gained and retained through proper risk reporting. Still, the disincentive is that the company fears losing its stakeholders who are not ready to take risks. However, there are risk seekers who are willing to invest in organisations with higher risks. It should be noted that regulators are now giving more importance to risk reporting because it has become necessary for organisations and stakeholders. It requires organisations to follow seven principles mentioned in the previous section associated with risk reporting to make it transparent and reliable so that stakeholders can rely on such disclosures.

Abdallah, A.A.N., Hassan, M.K. and McClelland, P.L., 2015. Islamic financial institutions, corporate governance, and corporate risk disclosure in Gulf Cooperation Council countries. Journal of Multinational Financial Management, 31, pp.63-82.

Arshad, R. and Ismail, R.F., 2011. Discretionary Risks Disclosure: A Management Perspective. Asian Journal of Accounting and Governance, 2, pp.67-77.

Deumes, R., 2008. Corporate risk reporting: A content analysis of narrative risk disclosures in prospectuses. The Journal of Business Communication (1973), 45(2), pp.120-157.

Dobler, M., 2008. Incentives for risk reporting—A discretionary disclosure and cheap talk approach. The International Journal of Accounting, 43(2), pp.184-206.

Elshandidy, T., Fraser, I. and Hussainey, K., 2013. Aggregated, voluntary, and mandatory risk disclosure incentives: Evidence from UK FTSE all-share companies. International Review of Financial Analysis, 30, pp.320-333.

Azahar, H. and Hussainey, K., 2012. Determinants of narrative risk disclosures in U.K. interim reports. The Journal of Risk Finance, 13(2), pp.133-147.

Hill, P. and Short, H., 2009. Risk disclosures on the second-tier markets of the London Stock Exchange. Accounting & Finance, 49(4), pp.753-780.

Khan, A., Muttakin, M.B. and Siddiqui, J., 2013. Corporate governance and corporate social responsibility disclosures: Evidence from an emerging economy. Journal of business ethics, 114(2), pp.207-223.

Klumpes, P., Ledlie, C., Fahey, F., Kakar, G. and Styles, S., 2017. Incentives facing UK-listed companies to comply with the risk reporting provisions of the U.K. Corporate Governance Code. British Actuarial Journal, 22(1), pp.127-152.

Linsley, P.M. and Shrives, P.J., 2006. Risk reporting: A study of risk disclosures in the annual reports of U.K. companies. The British Accounting Review, 38(4), pp.387-404.

Muzahem, A., 2011. An empirical analysis of the practice and determinants of risk disclosure in an emerging capital market: United Arab Emirates (Doctoral dissertation, University of Portsmouth).

Nur Probohudono, A., Tower, G. and Rusmin, R., 2013. Risk disclosure during the global financial crisis. Social Responsibility Journal, 9(1), pp.124-137.

Rajab, B. and Handley-Schachner, M., 2009. Corporate risk disclosure by U.K. firms: trends and determinants. World Review of Entrepreneurship, Management, and Sustainable Development, 5(3), 224-243.

Ryan, S.G., 2012. Risk reporting quality: Implications of academic research for financial reporting policy. Accounting and business research, 42(3), pp.295-324.

Said Mokhtar, E. and Mellett, H., 2013. Competition, corporate governance, ownership structure, and risk reporting. Managerial Auditing Journal, 28(9), pp.838-865.

Vandaele, S., Vergauwen, P. and Michiels, A., 2009. Management risk reporting practices and their determinants.

Woods, M., Dowd, K. and Humphrey, C., 2008. The value of risk reporting: a critical analysis of value-at-risk disclosures in the banking sector. International Journal of Financial Services Management, 3(1), pp.45-64.

Ready to place an order?

Useful links, learning resources.

DMCA.com Protection Status

COMPANY DETAILS

Research-Prospect-Writing-Service

  • How It Works

Please wait while your request is being verified...

accounting assignment sample

Assignment Help India

  • Urgent Assignment Help
  • Writing Assignment for University
  • College Assignment Help
  • SPSS Assignment Help
  • HND Assignment Help
  • Architecture Assignment Help
  • Total Assignment Help
  • All Assignment Help
  • My Assignment Help
  • Financial Management Assignment Help
  • Business Management Assignment Help
  • Management Assignment Help
  • Project Management Assignment Help
  • Supply Chain Management Assignment Help
  • Operations Management Assignment Help
  • Risk Management Assignment Help
  • Strategic Management Assignment Help
  • Logistics Management Assignment Help
  • Global Business Strategy Assignment Help
  • Consumer Behavior Assignment Help
  • MBA Assignment Help
  • Portfolio Management Assignment Help
  • Change Management Assignment Help
  • Hospitality Management Assignment Help
  • Healthcare Management Assignment Help
  • Investment Management Assignment Help
  • Market Analysis Assignment Help
  • Corporate Strategy Assignment Help
  • Conflict Management Assignment Help
  • Marketing Management Assignment Help
  • Strategic Marketing Assignment Help
  • CRM Assignment Help
  • Marketing Research Assignment Help
  • Nursing Assignment Help
  • Early Childhood Assignment Help
  • Childcare Assignment Help
  • Public Health Assignment Help
  • Medical Assignment Help
  • Do My Nursing Assignment
  • Nursing Resume Writing Services
  • Finance Assignment Help
  • Do My Finance Assignment For Me
  • Financial Accounting Assignment Help
  • Behavioral Finance Assignment Help
  • Finance Planning Assignment Help
  • Personal Finance Assignment Help
  • Financial Services Assignment Help
  • Forex Assignment Help
  • Financial Statement Analysis Assignment Help
  • Capital Budgeting Assignment Help
  • Financial Reporting Assignment Help
  • International Finance Assignment Help
  • Accounting Assignment Help
  • Managerial Accounting Assignment Help
  • Taxation Accounting Assignment Help
  • Perdisco Assignment Help
  • Solve My Accounting Paper
  • Business Accounting Assignment Help
  • Cost Accounting Assignment Help
  • Taxation Assignment Help
  • Activity Based Accounting Assignment Help
  • Tax Accounting Assignment Help
  • Financial Accounting Theory Assignment Help
  • Robotics Assignment Help
  • Operating System Assignment Help
  • Data mining Assignment Help
  • Computer Network Assignment Help
  • Database Assignment Help
  • IT Management Assignment Help
  • Network Topology Assignment Help
  • Data Structure Assignment Help
  • Business Intelligence Assignment Help
  • Data Flow Diagram Assignment Help
  • Law Assignment Help
  • Business Law Assignment Help
  • Contract Law Assignment Help
  • Tort Law Assignment Help
  • Social Media Law Assignment Help
  • Criminal Law Assignment Help
  • Employment Law Assignment Help
  • Taxation Law Assignment Help
  • Commercial Law Assignment Help
  • Constitutional Law Assignment Help
  • Corporate Governance Law Assignment Help
  • Environmental Law Assignment Help
  • Criminology Assignment Help
  • Science Assignment Help
  • Actuarial Science Assignment Help
  • Sports Science Assignment Help
  • Physics Assignment Help
  • Chemistry Assignment Help
  • Chemical Engineering Assignment Help
  • Biology Assignment Help
  • Bioinformatics Assignment Help
  • Biochemistry Assignment Help
  • Biotechnology Assignment Help
  • Anthropology Assignment Help
  • Paleontology Assignment Help
  • Engineering Assignment Help
  • AutoCAD Assignment Help
  • Mechanical Assignment Help
  • Fluid Mechanics Assignment Help
  • Civil Engineering Assignment Help
  • Electrical Engineering Assignment Help
  • Humanities Assignment Help
  • Sociology Assignment Help
  • Philosophy Assignment Help
  • English Assignment Help
  • Geography Assignment Help
  • Agroecology Assignment Help
  • Psychology Assignment Help
  • Social Science Assignment Help
  • Auditing Assignment Help
  • Mathematics Assignment Help
  • Geometry Assignment Help
  • Calculus Assignment Help
  • Trigonometry Assignment Help
  • Arithmetic Assignment Help
  • Economics Assignment Help
  • Managerial Economics Assignment Help
  • Essay Help --> Essay Help
  • Essay Writing Help --> Essay Writing Help
  • Essay Help Online --> Essay Help Online
  • Online Custom Essay Help --> Online Custom Essay Help
  • Descriptive Essay Help --> Descriptive Essay Help
  • Help With MBA Essays --> Help With MBA Essays
  • Essay Writing Service --> Essay Writing Service
  • Essay Writer For Australia --> Essay Writer For Australia
  • Essay Outline Help --> Essay Outline Help
  • illustration Essay Help --> illustration Essay Help
  • Response Essay Writing Help --> Response Essay Writing Help
  • Professional Essay Writers --> Professional Essay Writers
  • Custom Essay Help --> Custom Essay Help
  • English Essay Writing Help --> English Essay Writing Help
  • Essay Homework Help --> Essay Homework Help
  • Literature Essay Help --> Literature Essay Help
  • Scholarship Essay Help --> Scholarship Essay Help
  • Research Essay Help --> Research Essay Help
  • History Essay Help --> History Essay Help
  • MBA Essay Help --> MBA Essay Help
  • Plagiarism Free Essays --> Plagiarism Free Essays
  • Writing Essay Papers --> Writing Essay Papers
  • Write My Essay Help --> Write My Essay Help
  • Need Help Writing Essay --> Need Help Writing Essay
  • Help Writing Scholarship Essay --> Help Writing Scholarship Essay
  • Help Writing a Narrative Essay --> Help Writing a Narrative Essay
  • Best Essay Writing Service Canada --> Best Essay Writing Service Canada
  • Biology Dissertation Help --> Biology Dissertation Help
  • Academic Dissertation Help --> Academic Dissertation Help
  • Nursing Dissertation Help --> Nursing Dissertation Help
  • Dissertation Help Online --> Dissertation Help Online
  • MATLAB Dissertation Help --> MATLAB Dissertation Help
  • Doctoral Dissertation Help --> Doctoral Dissertation Help
  • Geography Dissertation Help --> Geography Dissertation Help
  • Architecture Dissertation Help --> Architecture Dissertation Help
  • Statistics Dissertation Help --> Statistics Dissertation Help
  • Sociology Dissertation Help --> Sociology Dissertation Help
  • English Dissertation Help --> English Dissertation Help
  • Law Dissertation Help --> Law Dissertation Help
  • Dissertation Proofreading Services --> Dissertation Proofreading Services
  • Cheap Dissertation Help --> Cheap Dissertation Help
  • Dissertation Writing Help --> Dissertation Writing Help
  • Marketing Dissertation Help --> Marketing Dissertation Help
  • Web Designing Assignment Help --> Web Designing Assignment Help
  • PHP Assignment Help --> PHP Assignment Help
  • Python Assignment Help --> Python Assignment Help
  • Perl Assignment Help --> Perl Assignment Help
  • SAS Assignment Help --> SAS Assignment Help
  • C Programming Assignment Help --> C Programming Assignment Help
  • Programming Assignment Help --> Programming Assignment Help
  • Java Programming Assignment Help --> Java Programming Assignment Help
  • Write Case Study For Me --> Write Case Study For Me
  • Business Law Case Study Help --> Business Law Case Study Help
  • Civil Law Case Study Help --> Civil Law Case Study Help
  • Marketing Case Study Help --> Marketing Case Study Help
  • Nursing Case Study Help --> Nursing Case Study Help
  • Case Study Writing Services --> Case Study Writing Services
  • History Case Study help --> History Case Study help
  • Amazon Case Study Help --> Amazon Case Study Help
  • Apple Case Study Help --> Apple Case Study Help
  • Case Study Assignment Help --> Case Study Assignment Help
  • ZARA Case Study Assignment Help --> ZARA Case Study Assignment Help
  • Marketing Coursework Help --> Marketing Coursework Help
  • Maths Coursework Help --> Maths Coursework Help
  • Chemistry Coursework Help --> Chemistry Coursework Help
  • English Coursework Help --> English Coursework Help
  • Coursework Writing Services --> Coursework Writing Services
  • Finance Coursework Help --> Finance Coursework Help
  • Coursework Assignment Help --> Coursework Assignment Help
  • Custom Coursework Writing Service --> Custom Coursework Writing Service
  • Do My Coursework --> Do My Coursework
  • Thesis Help Online --> Thesis Help Online
  • Thesis Writing Help --> Thesis Writing Help
  • Write My Thesis For Me --> Write My Thesis For Me
  • CDR writing services --> CDR writing services
  • CDR Engineers Australia --> CDR Engineers Australia
  • Write My Paper For Me --> Write My Paper For Me
  • Research Proposal Help --> Research Proposal Help
  • Research Paper Writing Service --> Research Paper Writing Service
  • Buy Term Papers Online --> Buy Term Papers Online
  • Buy College Papers --> Buy College Papers
  • Research Paper Help --> Research Paper Help
  • Edit My Paper --> Edit My Paper
  • Paper Writing Services --> Paper Writing Services
  • APA Referencing Guidelines --> APA Referencing Guidelines
  • Harvard Referencing Guidelines --> Harvard Referencing Guidelines
  • Vancouver Referencing Guidelines --> Vancouver Referencing Guidelines
  • MLA Referencing Guidelines --> MLA Referencing Guidelines
  • Computer Science and IT
  • Architecture
  • Engineering
  • Project Management
  • Testimonial

Sample Assignment accounting

Accounting assignment sample stuck with your accounting assignments get free assistance from our ph.d. experts, buacc5930 accounting and finance assignment sample, all questions must be completed., question 1..

Woolworths Group Limited, a major Australian company, has extensive retail interests throughout Australia and New Zealand. It is the largest company in Australia by revenue and the second-largest in New Zealand.

The most recent financial report for the Company are found at the following site: https://www.woolworthsgroup.com.au/page/investors/our- performance/Financial_Results

Here you will find the latest annual report (to 30 June 2021) and quarter and half yearly reports.

a. Using the 2021 annual report only, compare the financial results for assignment help of the Company between 2020 and 2021. You should use any financial information provided in the 2021 report (including ratios, and narratives) to conclude on the improvements or not in financial position and profitability. Your discussion should focus on reasons for this, and should include any impact due to the COVID- 19 pandemic.

b. Using the other financial information provided (quarter and half yearly reports for FY2022), comment on any financial changes between the annual report (ended 30 June 2021) and the FY2022 reports.

c. What other information would you need to assess the financial performance and financial position of Woolworths Group Limited?

Question 2.

The 2021 Sustainability Report for the Woolworths Group Limited is available at https://www.woolworthsgroup.com.au/page/community-and-responsibility/group- responsibility/

This report outlines Woolworths approach to People, Planet and the Product.

Summarise the goals of the Woolworths Group Limited in relation to People, Planet and the Product. What is your opinion of the measures that Woolworths has to achieve these goals?

Question 3: Cash Flows Question

accounting assignment sample

Melbourne Ltd Income Statement for the year ended 30 June 2021

accounting assignment sample

Financial performance analysis of Woolworths

Woolworth Group limited has been incorporated in 1924. It has its headquarter in Bella Vista Australia. It is operating in the grocery stores industry and belong to consumer defense sector. It operates as a retail store through Australia food, new Zealand food, and BIG W.

accounting assignment sample

From the above, it can be observed that the Net profit of the business has been higher by 43% in 2021 which has increased the NP ratio in the current year. Gross profit has been lower by 13% while sales have also been reduced in the same context which lead to maintaining the GP ratio same in the current year. Operating profit has also been higher by 105% which has increased the ROCE of the company. Such Operating profit has also been the reason for such higher trend in the ROC ratio. Overall profitability performance of the entity has been higher and improved in the current year (Ginting, 2021).

accounting assignment sample

From the above Current assets ratio of entity has been higher due to the increasing trend in the current assets by 48% while CL has just improved by 42%. QA have higher by 42%. The liquidity position of the company is strong (Rao, 2021).

accounting assignment sample

Gearing ratio help to understand the capital risk and capital utilization by the company. In the above case, the company has a higher debt capital risk for the company due to a higher trend in the debt capital by 30% in the current year. It also increases the financial cost for the business. It is the reason for the higher debt-equity ratio for the business. Debt to assets has also been higher because assets have just increased by 2% while debt capital is higher by 30%. It shows that the entity has not used the debt capital for the investment of the assets in an optimum way (Nugroho, & Halik, 2021).

COVID -19 Impact on the company

Due to COVID -19 company has faced a reduction in the sale because the government has imposed the lockdown policy. It has to lead to an increase in the reduction in the net profit in 2020. Consumers were not allowed to visit the stores and due to this company was facing a reduction in sales. The cost of the business operation has been increasing as employees were not working efficiently. To improve from such a situation company has decided to provide the home delivery of the product and generate the sales through the online portal. It has given a hike in the sales of the company. The company also allows the work from home to the employees so that efficiency can be increased and the cost of operation can be reduced for the business. The liquidity position has also been compromised due to COVID but the company has managed it in 2021 (Fridson, & Alvarez, 2022).

Therefore after observation of ratio compliance it can be seen that Woolworth company has done well as compared to the previous year and successfully generated the higher profitability in the current year. It has generated value for its shareholders.

Comparing the financial data for 2022 with 2021

Woolworths Group Limited's financial performance and changes in the past years as compared to the current half-yearly statements are assessed and discussed. The company has generated revenue in the half-year 2022 of 31,894,000 US dollars and in 2021 full year the company was able to generate total revenue of 55,694,000 US dollars which means that the company has been performing better than in the past year. Expenses of the company have also been less in this quarter as compared to the year 2021 (Pizzi,& Venturelli, 2022). This means that the company can generate more sales and revenue by reducing its overheads. Earnings per share of the company have increased a lot from the previous year of the company for this quarter. It has jumped from 1.65 to 6.31 and this means that the shareholders of the company are generating returns on their investments.

The net profit ratio of the company in 2021 was 3.72% which has increased to almost 12% in the half-year ended 2022. This shows that the company is performing very well and is increasing its revenues and ultimately the ratios. However gross profit of the company has decreased this year from the year 2021 of 29.32%. The company needs to focus on improving its gross profit and generating higher margins. The current assets of the company have also improved and the company has a good liquidity position this year which shows that the company is easily able to pay off its short-term debts. However, the company has improved its sales and has shown good performance in terms of the profits in the half-year ended. This means that the company is regularly taking measures to improve its performance and implement it effectively and efficiently.

Other factors to assess financial performance

To assess the financial performance of a company only evaluating the balance sheet and related financial information would not give a complete analysis of the company's financial performance. Many non-financial factors affect the business of the company and these are also necessary to be looked at for assessing the complete financial performance of the company. These non-financial metrics are qualitative and it is difficult to express them in financial terms (ABDELRAHEEM, & HUSSIEN,2022).

Woolworths Limited should carry out a PESTEL analysis that will look at the macroeconomic factors of the company. It consists of assessing different factors naming Political, Economic, Social, Technological, Environmental, and Legal matters. This analysis will give insight into some non-financial factors that affect the company. Another method that the company can opt for is the SWOT analysis. In this analysis, the company focuses on analyzing its Strengths, Weaknesses, Opportunities, and Threats. These are all non-financial factors that the company has to assess for monitoring its performance. This helps the company in taking advantage of the available opportunities by focusing on its strengths and assessing its weaknesses by minimizing the threats that can occur. Both of these analyses are a great way of assessing the performance of the company other than using the company's financial information. This gives a different perspective to the business by looking at other non-financial segments.

The company can also consider applying the balanced scorecard for the business. This model takes into consideration both financial and non-financial indicators of the business. It considers the company's financial perspective, Learning perspective, Customer Perspective, and Internal business perspective. It also helps in gathering the data for the company's business related to the qualitative information by assessing customer and learning and innovation perspective.

Hence all these methods will provide some information for Woolworths Limited to assess the company's financial performance and financial position.

Sustainability Retorting

How is Woolworths Group Limited achieving its aims in the Sustainability Report?

Woolworths is the largest business organization in Australia with many operations throughout Australia and New Zealand. It is one of the second largest businesses in New Zealand with the highest income (Adams, 2019). This business organization brings new resources for sustainability. The main target of this business is people, the planet, and their prosperity or product to cover all the engagement related to the suppliers, clients, team members, and societies as well as a corporate social responsibility that directly impacts its operations. The main aim is to achieve a sustainability report of the Woolworths group limited business organization as well as deliver the best convenience, value, and quality to their customers. This firm maintains its employees with over 2 lakh team members who serve 29 billion clients across the entire world.

Woolworth’s group limited mainly focuses on sustainable clothing businesses across the entire supply chain, raw materials, and resources to make a new product and disposal of end goods or services. The sustainability framework is to focus on farming practices in the various supply chains through programs and the main aim is to reduce imports such as fertilizer, pesticides, water use, and biodiversity. It can also promote sustainability to reduce the amount of waste recycling, recyclable and materials where they can.

Woolworths business organization achieves its aim in this sustainability report through people because this business organization maintains its core values, and purpose in partnership with 10,000 team members to create a better experience for teams and customers. It is also helpful to promote gender equality only to create a culture and workplace which provides for all the team members. Some benefits, opportunities, and resources are should be identified or regularly reviewed in our systems (Nishant, Kennedy, and Corbett, 2020). This business organization is helpful for the people because the firm can provide parental leave, policies, superannuation payments, flexibility policy, family violence support policy, and impress their diversity. It can make better efforts to reflect their society, and maintain diversity as well as an inclusive workforce.

In this sustainability report, the planet is helpful for the team members and their customers because they can build a better tomorrow means protecting and repairing the future generation. It also impacts the negatively but also finding the other ways only to create a positive advantage. It is also helpful to maintain the climate changes continuously and indicate the global warming to 1.5 degrees. It is also helpful to maintain green electricity as per the sustainability report of 2025. Planet in the sustainability reports is helpful to carbon emissions by 2050 by recognizing and addressing the climate changes to our business (Raabe, Tasan, and Olivetti, 2019).

Product is helpful in the Woolworths group limited business organization to create a better tomorrow means evolving the way to impress the circular thinking. It involves many products to make it easier for the customers to choose particular goods, healthy, sustainably sourced, packaged, and so on. Healthier choices are very easier for the clients because they provide inspiration or alternatives across the online stores and offline stores to grow their healthy goods or services to the customers. To collaborate many recycled materials, sustainable sourcing, leading the future of protein, responsible service or consumption of alcohol, and gaming.

What type of measures that Woolworths have to achieve these goals?

Woolworths business organization accomplish these goals through increase the satisfaction of customers because the main aim is to provide the best range of goods or services, better quality, and value to its customer. It is also helpful in maximizing profits and gives the best shopping experience to its customers. Woolworth’s group limited maintains its strategies to accomplish the competitive advantage through excellent logistic systems and highly organized suppliers contract only to ensure the goods or services is delivered at a right time. Technology is very helpful for a business organization to manage its supply chain and stock. It is helpful to increase their brand loyalty because customers are the heart of the businesses and this business organization's main strength is the huge retail market in emerging economies.

Through people, products, and the planet, Woolworth’s business organization also accomplishes goals and objectives. In the case of people, they should encourage their diversity by targeting at least 40% of executive and senior managers. In the case of the planet, they maintain their healthy working environment toward zero food waste. In the case of prosperity, the only focus is to maintain the trusted relationship and identify how the firm engages the suppliers to measure independent supplier surveys.

Cash Flow statement of the Melbourne Ltd

Cash flow statement is the part of the financial position of the company that provide the all the information related to the cash inflow and outflow of the business during the current year. It classify the cash flow into three category such as operating activity, investment activity and financial activity of the business (Ali, & Hamad,2021).

Following are the CFS of the Melbourne Ltd

accounting assignment sample

HI5020 Corporate Accounting Assignment Sample

Assessment brief of accounting for corporate income tax - theory and applications, purpose of the assessment:.

This assignment aims at developing an understanding of students on different concepts of Accounting for Income tax and the application of those concepts in the practical financial setting.

In addition to answering theoretical questions on different concepts on accounting for income tax, students will need to analyses the tax related disclosures made by an ASX listed company in its financial statements and the associated notes to the financial statements. (ULO 1, 3, 4, 5).

Weight - 35 % of the total assessments (35 marks) Total Marks - 35 % in written report Word limit - 3000 words ±500 words

Due Date - Assignment submission: Final Submission of individual Assignment: Wednesday, Week 10, 11:59 pm 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 and Referencing

• All work must be submitted on Blackboard by the due date along with a completed Assignment Cover Page.

• 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.

• 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. The following guidelines apply for assignment help

1. Reference sources in assignments are limited to sources which provide full text access to the source’s content for lecturers and markers.

2. The Reference list should be located on a separate page at the end of the essay and titled: References.

3. It should include the details of all the in-text citations, arranged alphabetically A-Z by author surname. In addition, it MUST include a hyperlink to the full text of the cited reference source.

For example:

P Hawking, B McCarthy, A Stein (2004), Second Wave ERP Education, Journal of Information Systems Education, Fall, http://jise.org/Volume15/n3/JISEv15n3p327.pdf

4. All assignments will require additional in-text reference details which will consist of the surname of the author/authors or name of the authoring body, year of publication, page number of content, paragraph where the content can be found.

“The company decided to implement an enterprise wide data warehouse business intelligence strategies (Hawking et al, 2004, p3(4)).”

Non Adherence to Referencing Guidelines

Where students do not follow the above guidelines:

1. Students who submit assignments which do not comply with the guidelines will be asked to resubmit their assignments.

2. Late penalties will apply, as per the Student Handbook each day, after the student/s have been notified of the resubmission requirements.

3. Students who comply with guidelines and the citations are “fake” will be reported for academic misconduct.

Assignment Specifications

This assignment aims at developing an understanding of students on different concepts of Accounting for Income tax and the application of those concepts in the practical financial setting. In addition to answering theoretical questions on different concepts on accounting for income tax, students will need to analyses the tax related disclosures made by an ASX listed company in its financial statements and the associated notes to the financial statements.

Assessment task:

Please answer the following questions relating to Accounting for Corporate Income Tax.

Question 1: Why do deferred tax assets or deferred tax liabilities arise? Explain your answer with suitable example.

Question 2: Will the existence of unused tax losses always lead to the recognition of a deferred tax assets? Explain your answer with suitable example.

Question 3: Do the liabilities and assets that are generated by using the 'balance sheet method' of accounting for tax appear to be consistent with the definition and recognition criteria of assets and liabilities promulgated within the Conceptual Framework?

Question 4: Under what condition deferred tax assets can be offset against deferred tax liabilities?

Question 5: Critically examine the disclosures made by an Australian Securities Exchange (ASX) listed company in its latest financial statements and associated notes regarding income tax issues. While every company will have unique tax matters and position, your discussion should highlight the following:

(i) Identify the income tax expense (income) shown in the income statement. On what basis this amount has been calculated?

(ii) Deferred tax assets/liabilities shown in the balance sheet

(iii) A detailed explanation of what has been disclosed for Income tax in the Note associated with the financial statement.

(iv) Under what basis/assumptions deferred tax assets deferred tax liabilities have been recognized?

(v) What portion of the deferred tax assets or deferred tax liabilities have originated in the current year, and what portion relate to prior years?

(vi) Summarize the accounting policies and approaches used by the company in its accounting for Income Tax. (You can select the company at your discretion. The company must be listed in the ASX)

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

Introduction

This assignment is all about Deferred Tax Asset and Deferred Tax Liabilities, how they arise, how they are set off and on what basis is the calculation done.

It also, states about the accounting policies basis which an ASX Limited company takes up its Accounting of Income Taxes.

An organisation prepares its books of accounts on the basis of various accounting standards (as may be applicable to it). While the same organisation prepares itself for tax computation, the same books of accounts need to be modified in line with the Tax laws applicable i.e. as per Income Tax Assessment Act 1986.

Many a times, situation arises wherein the carrying amount (i.e. amount in the books as per Accounting) of assets or liabilities do not match (i.e. are different) with its tax base (i.e. values appearing as per Taxation Laws), thereby amounting to differences. (Finley, Ribal ,2019, p 2, 86)

These differences may be temporary or other than temporary (also referred as permanent). The temporary differences lead to creation of deferred tax assets and/or liabilities. The difference which are other than temporary do not create any deferred tax asset/liability (DTA/DTL).

When talking about temporary differences, which are responsible for creation of deferred tax assets/liabilities, these differences are further classified into Taxable Temporary Difference and Deductible Temporary Difference.

Taxable temporary differences as the name suggests are the differences which ultimately result in additional taxable amounts in the coming years. These lead to creation of Deferred Tax Liabilities.

Deductible temporary differences are the differences which would result in reduction of taxable amounts in the future years. These lead to creation of Deferred Tax Assets. (Finley, Ribal, 2019, p 2, 86) The same be explained further with the help of example that follows-

A company XYZ Limited has a plant (fixed asset) which has a cost of $10,000. The company writes off depreciation on the same @20% on SLM and the rate of tax as per Tax Laws is 25% SLM. Now we will see how it leads to creation of DTA/DTL. The applicable tax rate is 30%.

accounting assignment sample

The differences in taxes from Year 1 to Year 4 is $150.00 each which appears to be tax saving bur actually is nothing but tax deferment as in Year 5 an amount of $600.00 is to be paid in excess (as per Tax Laws), that is we have created Deferred Tax Liabilities in the initial years.

As per Income Tax Assessment Act 1986, when we are paying fewer taxes (i.e. taxes as per Tax Laws are lower as compared to taxes as per Books) or we can see that value of an underlying asset has a carrying amount more than its tax base, it will lead to creation of deferred tax liability.

The existence of unused tax losses does not necessarily need for recognition of deferred tax assets as per Income Tax Assessment Act 1986,.

DTA can be recognised in the same manner for unused tax losses as is done in DTA being recognised from deductible temporary differences. The main conditions which need to be checked before recognising DTA from unused tax losses are:

1. The entity willing to recognise DTA from some unused tax losses, is convinced

2. Also among other things, the period up to which unused tax losses can be carried forward is to be noted.

For example, let’s talk about a start-up which is HNL Limited, an organisation willing to penetrate the logistics market. Now, we take up some figures of profit and losses for the organisation

accounting assignment sample

In the initial years i.e. up to Year 5, the company has incurred losses, a cumulative amount of $1100 M. We will consider the following cases

Case 1: Unused tax losses can be carried forward for 3 years.

In this case, the loss incurred in Year 1 will be carried up to the 4th year, in year 2 up to the 5th Year and so on. Now the loss incurred in Year 1 and Year 2 will not create any DTA as the company does not have sufficient profits. However, for the next year i.e. Year 3 the unused loss of $500 will create DTA up to an extent of $100 as the probable profit in Year 6 is S100.

The balance $400 will lapse.

Case 2: Unused tax losses can be carried forward for 6 years. In this case, the loss incurred in Year 1 will be carried up to the 7th year, in year 2 up to the 8th Year and so on. Therefore, the loss of $100 will create DTA of full amount as the company has sufficient profit within the time lines available for carrying of the unused losses.

Therefore, we can say that unused tax losses which can be carried forward to the future years and can result in tax saving in the future years will lead to creation of Deferred Tax Assets (DTA). But not all unused tax losses will lead to DTA creation.  

Conceptual framework is the process in which logical reasons have been taken into consideration for the purpose of detailed and complete understanding with respect to the selected areas. In the current scenario the selected area is deferred tax and the computation of the same. To compute deferred tax is a complex process and hence step by step need to go to arrive at the final payment of deferred tax. This process has been used in almost every field thereby giving a sense of satisfaction. It is necessary that the assets and liabilities which have been generated by using the balance sheet method for the purpose of tax accounting need to be consistent as per the definition and recognition criteria promulgated within the Conceptual framework. Further, deferred tax would be considered as an asset when the same has been paid in advance and deferred tax would be considered as a liability when the same has not been paid at per specified due date thereby creating liability for the organization (Sulistianingsih, 2019, p2, 80). As per Income Tax Assessment Act 1986, deferred tax arises due to the existence of timing difference which means there is the difference of accounting with respect to taxation purpose and accounting purpose. For example, on the purchase of any asset the tax attracts 50% in the first and second year. However, while computing in the accounting the tax rate is different at the rate of 30% which is less than the above tax leads to which difference arise in the ultimate payment of tax. As per the taxation policy the company has paid 50% tax in the first year and for the same the company would be entitled to receive benefits in future year as a deferred tax asset. Such treatment of tax reduces the burden to pay tax from the company point of view. This process has given the option to the company to set off their tax which has been paid in advance as per the taxation policy. (Sulistianingsih, 2019, p2, 80) As the company has paid extra tax in the initial period the benefit of the same would be delivered in the future period accordingly. The same rule applies for the deferred tax liability also. However, the company has to follow ultimately the tax policy instead of accounting policy as the ultimate payment of tax has been computed as per the taxation norms which has been issued by the government of Australia. 

Deferred tax assets can be used to set off from the deferred tax liabilities of any particular entity. However, there are certain limitations that have to meet an entity to claim the same exemption. The limitations are as follows:

1. The DTA and DTL are related to taxes which are levied by a single authority of taxation. (Watson, 2018, p 2,83)

2. The DTA and DTL relate to taxes which are levied on the same taxable entity/organisation. The same can be allowed for different entities/organisations if they have an intention to set off their DTA and DTL on a net basis in the coming future period. (Watson, 2018, p 2,83)

For example, an organisation say RTG Limited, has recognised a deferred tax asset of $5000 and also a deferred tax liability is recognised amounting to $4750, both under the same Tax Laws. IN such a case, the company has a right to set off both DTA and DTL, thereby presenting a net amount i.e. $250 as deferred tax assets. “With the issuance of ASU No. 2015-17, the FASB (2015c) by its own admission abandoned the definition of current and noncurrent assets and liabilities in the authoritative literature and changed the proper presentation of those deferred tax items on the classified balance sheet.”(Morris,2017, p3, 2158)

Also, if there is a DTA recognised by RTG Limited under some tax laws amounting to $4500 and a subsidiary of RTG Limited named SUH Limited under the same tax laws has a DTL amounting to $5000. The holding company has the authority to offset DTA and DTL of the current period, as per Income Tax Assessment Act 1986.

Since, the DTA and DTL are related to same tax authority under same tax laws but do not relate to same taxable entity, it is the management which has to think and decide whether the DTA and DTL is to be settles by netting them or by realisation of both DTA and DTL concurrently.

The company chosen here is Iluka Resources Limited. It is an international mineral sands company that deal in various activities such as exploration, project development, mining, processing, marketing and rehabilitation. The major focus of this company is to maximize shareholder’s wealth.

(i) The income tax expense of this company in the year 2020 is $95.5 m.

The calculation of current tax for the accounting period is done using the tax rates applicable and tax laws of the land as on the reporting date in the nations where the company operates and generates income that is taxable.

The income tax expense is the tax payable for the current year’s taxable income based on the applicable income tax rate for each jurisdiction which is first adjusted for changes in deferred tax assets and liabilities and to unused tax losses. (ii) The net deferred tax asset for the year here is $28.4 m.

For the year 2020, Gross DTA is $191.6 m and the Gross DTL correspondingly is $163.2 m. The difference therefore, amounts to $28.4 m that is excess of Gross DTA over DTL.

(iii) In the notes to financial statement (Note 12) Income Tax, it is clearly states as to how the income tax expense has been calculated.IT mentions the rate at which IT has been calculated and also gives a comprehensive list of amounts not deductible while calculating the taxable income thus arriving at the Income tax expense, as per Income Tax Assessment Act 1986. As per the note, current year tax expense is $98.4m and deferred tax is ($3.1m), therefore, IT expense is $98.5 m after adjusting for under providing for $0.2m. The income tax expense can also be bifurcated based on profit from continuing and discontinued operation as $74.8 m and $20.7m totalling to $98.5m.

(iv) As mentioned in the notes, the carrying amount of DTA is reviewed at each balance sheet date and then adjusted by reducing to the extent which is not expected to be allowed to be utilised based on profit availability.

(v) The net deferred tax asset has seen an increase of $6.3 m amounting to $28.4 m in the year 2020 as compared to $22.1 m in the previous year. While we look further, we understand that the gross deferred tax assets have seen a surge of $15.9m due to an increase in temporary differences of employee provisions, other provisions and other factors, whereas lease liabilities and hedge reserve pulled down the DTA (Iluka Resources, p17(1)).

On the other hand, the gross deferred tax liabilities have also witnessed a growth of $9.6 m due to increase in temporary differences of property, plant and equipment, while the differences on account of inventory, receivables and other assets have dragged the growth of DTL.

(vi) The accounting policies and approaches that Iluka Resources Limited have used in preparation of its financial statements include the Australian Accounting Standards and Interpretations issued by Australian Accounting Standards Board. It has also considered International Financial Reporting Standards (IFRS), as and where applicable. The basic preparation has been done as per Historical Cost Convention. However, as required by Law, valuation has been done at fair value for the financial liabilities and assets, wherever applicable.  

Here, in this assignment, the taxes, accounting of taxes and practical treatment of the DTA, DTL and income tax is taken up. The ASX company Iluka has all the conditions that were mentioned in the question that helped to check, learn and understand the practical application. 

A Bakke, T R. Kubick, and M S. Wilkins (2020), Deferred Tax Asset Valuation Allowances and Auditors’ Going Concern Evaluations.https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3622505

A Edwards (2018), The Deferred Tax Asset valuation Allowance and Firm Creditworthiness, Journal of the American Taxation Association (2018) 40 (1): 57–80, https://meridian.allenpress.com/jata/article-abstract/40/1/57/60498/The-Deferred-Tax-Asset-Valuation-Allowance-and

A Finley, A Ribal (2019), The information content from Releases of the Deferred Tax Valuation Allowance, Journal of the American Taxation Association (2019) 41 (2): 83–101, https://meridian.allenpress.com/jata/article-abstract/41/2/83/10464/The-Information-Content-from-Releases-of-the

H Russ (2020), New Evidence on Investors’ Valuation of Deferred Tax Liabilities, https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3304846

I A Nwaorgu, M C Abiahu, & J A Iormbagah (2019), Deferred Tax Accounting and Financial Performance: The Listed Agricultural Firms’ Perspective in Nigeria. In Dandago, K.I., Salawu, R.O., Akintoye, R.I. &Oyedokun,

G.E. (Eds.)https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3474769

Iluka Resouces Limited (2020), Annual Report, https://iluka.com/

J L Morris (2017), Classification of deferred tax assets and deferred tax liabilities: An evaluation of FASB’s Attempt at Standard Simplification. Journal of Accounting and Finance.17 (8), 2158-3625, http://www.na-businesspress.com/JAF/JAF17-8/MorrisJL_17_8_.pdf

L Watson, (2018), The Deferred Tax Asset Valuation Allowance and Firm creditworthiness, Journal of the American Taxation Association (2018) 40 (1): 81–85, https://meridian.allenpress.com/jata/article-abstract/40/1/81/60466/The-Deferred-Tax-Asset-Valuation-Allowance-and

R D P. Sulistianingsih (2019), How the effect of deferred tax expenses and tax planning on earning management? International Journal of Scientific and Technology Research, 8(2), 78-83,https://scholar.ui.ac.id/en/publications/how-the-effect-of-deferred-tax-expenses-and-tax-planning-on-earni

HI5017 Managerial Accounting Assignment Sample

Assignment brief.

Purpose of the assessment (with ULO Mapping)

Students are required to develop their understanding of the types of management accounting information that assists managers in organizational planning and control purposes. You are to critically evaluate the literature (using journal articles) to analyses the practical use of management accounting information by contemporary organizations, and their relevance to decision- making by managers and achievement of business goals. (ULO 1 & 4)

Weight - 30% of the total assessments Total Marks - 30

Word limit Not more than 3,000 words. Please use "word count" and include it in the assignment.

Adapted Harvard Referencing

Submission Guidelines for assignment help

• All work must be submitted on Blackboard by the due date, along with a completed Assignment Cover Page.

• The assignment must be in MS Word format, with no spacing, 12-pt Arial font and 2 cm margins on all four sides of your page with appropriate section headings and page numbers.

• Reference sources must be cited in the assignment's text and listed appropriately at the end in a reference list using Adapted Harvard referencing style.

• It is the student's responsibility to submit the work to ensure that the work is her/his work. Incorporating another's work or ideas into one's work without appropriate acknowledgement is an academic offence. Students should submit all assignments for plagiarism checking on Blackboard before final submission in the subject. For further details, please refer to the Unit Outline and Student Handbook.

Individual Assignment Specifications

Assignment Task: You are required to conduct a literature search for this assignment, cite your source(s) and provide a full reference list (as per the Holmes Adapted Harvard Referencing guidelines on pg. 1-2).

Part A (15 marks)

Management Accountants are seen as the "value-creators" amongst the accountants. They are much more interested in forward looking and taking decisions that will affect the future of the organization, than in the historical recording and compliance (scorekeeping) aspects of the profession (Institute of Certified Management Accountants, 2017).

a) Discuss the pros and cons of the above statement. (4 marks) b) Explain the relevance of the value chain concept to management accountants today. (3 marks) c) Assume you are the management accountant of BHP Group, a leading mining company in Australia. Provide examples of how you can create value for the company to support the manager make:

i) strategic decisions (2 examples); and ii) operational decisions (2 examples). (8 marks)

"Maximum 1500 words."

Part B (12 marks)

a) What distinguishes the successful implementations of ABC costing method from those that have not succeeded? Include real-life examples from the literature to support your answer. (10 marks)

b) Based on your literature findings in (a), state two key lessons that stood out for you, about the ABC costing method as a planning and decision-making tool that would benefit contemporary organizations. (2 marks) "Maximum 1500 words."

Assignment Structure:

The assignment should include the following components:

a. Assignment cover page clearly stating your name and student number b. Abstract (one paragraph) c. Table of contents d. A brief introduction or overview of what the assignment is about. e. Body of the assignment with appropriate section headings f. Conclusion g. List of References (follow the Holmes Adapted Harvard Referencing guidelines.

INTRODUCTION

Present study is based on management accounting information that helps managers in taking planning and controlling decisions. It contained critical analysis of the practical application of management accounting information by the modern organizations, and their significance in decision making and achievement of business objectives. Apart from this, discussion of the ABC costing method is also given and how it uses as a planning and decision-making technique that provide benefit to the company.

BODY OF ASSIGNMENT

According to the Institute of Certified Management Accountants, management accountants are considered as value creators amongst the accountant as they are significantly involved in forward looking and taking decision that create impact on the future performance of company as compared to the historical recording and compliance elements of the company. Considering this, pros and cons of above statement are as follows –

Pros of management accountants:

Better decision making: Management accountant provide support in effective decision making for entities. It is because, they help in supplying of all information in the form of tables, forecasting, and charts, which leads towards detailed analysis and better decision making. Additionally, management accountants also apply scientific tools and techniques for evaluation of performance of business and consequently identify deviations and issues. In order to remove such deviations and issues, management accountants take actions accordingly (Mahdavikhou, 2018, p. 245(2)). Therefore, it can be said that, primary aim of management accountants is to mend the overall efficiency of the organization.

Enhancement in performance: Management accountant helps in increasing the profitability of the organization. It is because; they are mainly involved in taking decisions that affects future performance of the organization. They give emphasis on reduction in extra expenses of business activities by application of capital budgeting analysis and budgetary control measures (Ibrahim, El Sibai, and El Din, 2021, p. 53(1)). It enables the organizations to decrease cost of production and generate better returns.

Cons of management accountants:

Lack of specific process: It should be noted that, management accountant does not comply with any particular rules and regulations. Therefore, in the absence of any norms, they may provide inaccurate information.

Dependency: In this aspect, management accountant mainly obtains information from the financial and cost accounting for numerous data. Therefore, the reliability of the information offered by management accountants are primarily depends on the accuracy of records maintained through cost and financial accounting (Omar Fikrat, and Ozyapici, 2019, p. 82(3)). additionally, management accountants provides information and planning for the future activities of the company, as there is no certainty that in the future period activities may take place as per management accountant’s opinion and due to this, they may not provide effective outcomes.

Value chain analysis is a business model that explains the whole extent of activities required to create goods or services. For entities that are engaged in manufacturing of goods, value chain activities are comprised with bringing goods from conception to distribution, as well as each and every element in between like producing raw material, marketing, manufacturing activities. It should be noted that, value chain plays important role for the management accountants as it provides a number of important information like it helps in understanding of points in the value chain and connection between distinct points. By conducting value chain analysis, management accountant could identify elements that build or hinder cost efficiency in the business activities (Brouard et al. 2017, p. 235(1)). In addition to this, in the present environment, there is significant competition in the industries in the context of unbeatable prices, unique goods, and consumer loyalty; therefore it is essential for the management accountant to evaluate the value they build by which competitive advantages can be obtained. In this aspect, value chain analysis provide support to management accountant to discern areas of its organization that are unproductive, and consequently implement strategies and planning that would leads towards optimization of its process for maximum profitability and efficiency as well. The same aspect can be observed in the Nestle Cocoa Plan, in which company has implemented value chain analysis for identification of the areas of significant opportunity for joint value optimization with community, which helps the company to obtain competitive benefits (Value chain analysis, 2013).

On the basis of this, it can be said that, value chain analysis provides significant information to the management accountant and it is highly relevant as it supports in enhancement in business efficiency by which companies could offer the maximum value for the probable cost.

i) Role of management accountant of BHP Group for creation of value for the company to help managers make strategic decision

Management accountants involved in taking management decision, arrangement of plans to performance management system, and offering expertise in financial controlling and reporting for creation and implementation of the organizational strategies. Notably, management accountants observe at a number of aspects that occur within and in relation to business at the time of taking into account the requirements of business (Egan, and Tweedie, 2018, p. 1750(2)). After the completion of data and estimation surface, such estimates and data bring by cost accountant into knowledge that ultimately applied as guidelines of the decision making. In addition to this, in the managerial accounting, collected information is used by the management accountants to obtain better understanding of information prior any decisions are implemented within organization. Subsequent to the formulation of strategies and planning, the main task of management accountant is to confirm that all plans are implemented as per pre-determined strategies and in case of any requirement, such plans should be modified. It is regarded as one of the most critical task of management. It can be said that, managerial accountant engaged in offering essential information to the entities by the manner of offering decision assessment for the near term, application of appropriate combination of product, ascertainment of make or buy decision, termination of products, and many more (Christoph, and Rouven, 2020, p. 322(2)). For example, management accountant could provide support in that five forces analysis model should be related to the strategies of company and does not get out of the track. They could audit the accessibility and use of data within the risk management activities of the company. They could also approve that; there should be involvement of resources of risk mitigation. Furthermore, management accountant by the provision of financial analysis helps in strategies decision making (Mack, and Goretzki, 2017, p. 325(2)). For example, management accountant help is strategies risk management process for identification, assessment, and management of risk and uncertainties that can inhibit the ability of company to reach its strategic objectives. By considering the enhanced expectations of shareholders of BHP, regulators, and other stakeholders, strategic risk management could prove to be one of the essential aspect for creation and protection of value. By all such aspects, it can be said that, management accountant can create value by providing support in strategic decision in effective manner.

ii) Role of management accountant of BHP Group for creation of value for the company to help managers make operational decision

Operational decisions are those which are made for short term process in order to accomplish the task of strategic decisions or long term process. Management accountant of the company helps in directing and controlling the process which results in the transformation of final product. There are various decisions under this operational activity such as decision regarding to the inventory, sales management, employment management, customer engagement and logistic decisions. These all decisions are narrow in nature as they are made weekly or daily basis in order to accomplish the task planned under strategic management process (Dada, 2018). Management accountants are usually engaged in relevant cost analysis for ascertainment of the existing expenses as well as provide advice for the future activities. For example, the motive of the company is to increase its profitability by making increment in the sales, then in such case, management accountant can provide suggestion of 30% of discount in the form of barcodes, promo codes, online coupons which could be used by the customer on shops as well as while online shopping, and the customer could use these coupons several times for a specific period. From this there would be an increase demand the product on sale for that certain period of time, so the purpose of increasing sale for short term period could be fulfilled. Along with this, management accountants use operational information to build sense of the situations rapidly (Pasch, 2019, p. 214(2)). For example, they could apply budgetary techniques to take short term operational decisions. The role of management accountant in this is to evaluate earlier activities and avail opportunities for the further activities.

Overall, it can be said that, data precision as well as accuracy plays significant role in the success of companies. Without any informative data, it becomes very typical to analyse the present state of affairs or planning for future business. In such type of situation, role of management accountant is vital as it helps in taking operational decisions, which is intended to increment in the operational efficiency of company.

Activity-based-costing method could be used to determine or examine various aspects of the organizational activities such as it explain the profit margins clearly of those activity whose profitability cannot be easily determined, to examine the costing system of unrealistically levels of pricing, low prices offerings from the suppliers etc.

Benefits of the successful implementations of ABC costing method to the entities from those that have not succeeded in its implementation are:

Improvement in performance: ABC method helps for improvement in the productivity, efficiency and the overall performance of the organization by providing them accurate cost information. It helps the firm to eliminate the unnecessary cost from the production and also helps in the implementation of various performance improvement techniques which are to be applied by the organization such as TQM (total quality management), Business process reengineering (BPR), lean methodology. ABC method provide management with the expenditures of each activity and helps to compare it with their value addition, the activity which exceeds its expenditure firm its value that must be eliminated immediately by the firms to reduce their unnecessary cost and increase their efficiency by focusing on the activity which are more profitable instead of the activities whose value addition is less than its expenditure. Other costing methods only believes in following the accounting rules and regulation based on traditional practices, they do not help in the reduction of the unnecessary cost but only ABC methods helps the firm to reduce its cost or eliminate the unnecessary one (Balstad, and Berg, 2020, p. 378(1)).

Downsizing and cost management: ABC method clearly define each and every activity which further helps in making a right decision that which activity is to be eliminated or on which activity one must focus the most or it can be said that it helps management to identify the most profitable and least profitable activity of the firm. If the company is not satisfied with its financial position it must follow this method to clearly identify the weakness and the available opportunities where it could reduce the cost of activity and improve the overall financial position of the firm in the market (Lepistö, and Eeva 2018, p. 108(3)). At last it can be said that, this method provides useful information about the cost of every activity and helps in making a right decision or can say a productive decision. However the traditional costing method or other costing methods focuses more on the volume information that is volume of production instead of identifying the highly productive activity based on its cost which must be focused more (Adams, and Larrinaga, 2019, p. 2385(1)).

Clear allocation of various costs: ABC method helps an organisation with the identification of various cost other than manufacturing cost, as now the non- manufacturing cost cannot be neglected anymore they too play a crucial role in the determination of pricing process of a product such as advertisement cost, marketing cost etc. These costs could be quickly identified by this method, which means through this method management can clearly classify the various costs incurred by the company while performing the activity and through that they can easily determine the cost of final product or service (Tarzibashi, and Ozyapici, 2019, p. 85(1)). But the other costing methods which are volume based does not helps to identify these costs and also could not be applied on the firm which is non-volume based, whereas the ABC method could be applied in any type of the organisation.

Pricing of the product and services: It provides relevant information of the cost of the product furthermore identifies and helps in implementation of effective pricing policy. Additionally, it also helps the organisation to achieve its desired profit goals stated at the planning level by setting an appropriate pricing for the product and services (Jansen, 2018, p. 1505(3)). While the other methods like traditional costing methods does not provide such information in their analyse process they only identifies the cost for the volume of production and rest of the key pointers are ignored which in turn causes difficulty for the firm to identify where they are losing their profit or where they could achieve some more.

Make or buy decision: This is the decision under which the company has to decide whether it will conduct the activity itself or hired some other agency which is subcontractors to perform the activity. The decision of giving the activity to subcontractor depends on the cost incurred; if the cost incurred by the firm is more than that of subcontractor then the company should get the activity done by them and vice versa. But under other costing methods, they do not allow to the company to let the activity done by some outsiders, it performs all of its activity on their own, even if the cost incurred by them is high, which results in the high cost generation by the firm (Jeong, 2016, p. 1638(1)).

Transfer pricing: There are various departments in an organisation so when the activity of department A is completed it transfers it to the department B. As ABC method provide is with the information of the cost incurred by every activity in the organisation, so this helps us to determine the performance of both the departments by providing relevant information of the cost of each activity performed by them individually and collectively (Christoph, and Rouven, 2020, p. 328(1)). While the other costing methods does not provide the deep analysis of each department rather it focuses on the overall cost incurred by the firm to produce the product or service at the end of the process when the finished goods are ready.

Distribution channel: ABC costing is a significant competitive advantage of even analyzing the most appropriate and profitable distribution channel for company which is to be selected. The ABC costing methods determines the cost incurred by each distributing channel, and the performance of these alternative channels. Through this the firm could easily analyse its most profitable channel which incurred the less cost and perform better in the market. While the other methods do not provide you these analyses for the distribution channels (Patten, and Shin, 2019, p. 28(2)).

NESTLE is real life example for the above literature which implemented the ABC costing method. Nestle deals with two types of product that are custom products and standard product. It more focuses on the production of standard product as compare to the custom product. ABC helps nestle to assign its overhead activity cost of the firm to the product it produces or delivers (Smyth, 2019). According to nestle the ABC method is much better than the traditional costing method as it focus more on the relation between the product and its cost and overhead activities. Another example is COCA COLA which uses the ABC method. Coca- Cola deals in various product lines and involves the usage of huge amount of inventory. In order to keep a check on its each and every operation and to determine its speciality or it can be said that the most profitable sector, the company decided to use this method of costing (Real life example for ABC method 2019).

Activity based costing method helps an organisation to reduce its cost, combine various production activities to reduce the time and helps in better decision making process. It is not only used for the purpose of profit maximization or reduce cost, but also for managing proper time and completion of the activity in less time by combining various production activities together.

ABC method is a useful tool for the planning and decision making process as:

1. It is used for making strategic decisions of an organization, by identifying the financial and non – financial activities or which activities are to be reduced in order to reduce the cost of production, which activities are to be combined in order to reduce the time of production of products and services.

2. ABC technique provides us with the accurate information of the expenses and the cost incurred by each and every activity which in turn helps to identify and prioritise the activities which are more beneficial for the company. It also helps management to focus on that activity or product or customer which is more profitable for entity.

Above analysis reflects that, although, management accountants are value creator of companies as they help in better decision making and increment in profitability, but there are also some loopholes in their workings such as they are dependent on data of financial and cost accountants and does not comply with any particular rules and guidelines. Activity- based- costing method is an efficient tool for the planning and decision making process of an organisation, as it helps in the planning process by evaluating all the information and analyzing them, at last making a successful decision that what has to be reduced or focused on more.

Adams, C.A. & Larrinaga, C. (2019), “Progress: engaging with organisations in pursuit of improved sustainability accounting and performance", Accounting, Auditing & Accountability Journal, vol. 32, no. 8, pp. 2367-2394. https://www.proquest.com/docview/2315478099/908B8567623F41B9PQ/1?accountid=30552

Balstad, M.T. & Berg, T. (2020), "A long-term bibliometric analysis of journals influencing management accounting and control research", Journal of Management Control, vol. 30, no. 4, pp. 357-380. https://www.proquest.com/docview/2263761947/C168419DCEDF424EPQ/1?accountid=30552

Brouard, F., Bujaki, M., Durocher, S. & Neilson, L.C. (2017), Professional Accountants' Identity Formation: An Integrative Framework: JBE, Journal of Business Ethics, 142 (2), pp. 225-238. https://www.proquest.com/docview/1899808925/5CF20FBC61D94D44PQ/1?accountid=30552

Christoph, E. & Rouven, T. (2020), "Ethical Implications of Management Accounting and Control: A Systematic Review of the Contributions from the JBE", Journal of Business Ethics, vol. 163, no. 2, pp. 309-328. https://www.proquest.com/docview/2117644502/D80857DDB37C4525PQ/1?accountid=30552

Christoph, E. & Rouven, T. (2020), Ethical Implications of Management Accounting and Control: A Systematic Review of the Contributions, Journal of Business Ethics, 163(2), pp. 309-328. https://www.proquest.com/docview/2117644502/6B619CE79CA54BF6PQ/1?accountid=30552

Dada, G. (2018), Example for operational decision .Available through <https://www.quora.com/What-are-the-examples-of-strategic-operational-and-tactical-decisions> [Accessed on 30th August 2021].

Egan, M. & Tweedie, D. (2018), A “green” accountant is difficult to find: Can accountants contribute to sustainability management initiatives? Accounting, Auditing & Accountability Journal, 31 (6), https://www.proquest.com/docview/2101855822/308768B629D4B80PQ/1?accountid=30552

Ibrahim, S.M., El Sibai, I., M. & El Din, B.B. (2021), "Contextualizing cost system design: A literature review", Accounting and Management Information Systems, vol. 20, no. 1, pp. 28-55. https://www.proquest.com/docview/2547620467/7CAA746D24E1405APQ/1?accountid=30552

Jansen, E.P. (2018), "Bridging the gap between theory and practice in management accounting: Reviewing the literature to shape interventions", Accounting, Auditing & Accountability Journal, vol. 31, no. 5, pp. 1486-1509. https://www.proquest.com/docview/2056772482/7E74FC39D91248C7PQ/1?accountid=30552

Jeong, K. (2016), "The Reaction of Analysts to Management Disclosures and Firm Characteristics: Conservatism and Corporate Governance", Journal of Applied Business Research, vol. 32, no. 6, pp. 1629-1648 https://www.proquest.com/docview/1923981409/AB070520A72A4B45PQ/1?accountid=30552

Lepistö, L. & Eeva-M. (2018), Understanding the recruitment and selection processes of management accountants: An explorative study, Qualitative Research in Accounting and Management, 15 (1), pp. 104-123. https://www.proquest.com/docview/2042229348/45D19D3C42AC4342PQ/1?accountid=30552

Mack, S. & Goretzki, L. (2017), How management accountants exert influence on managers - a micro-level analysis of management accountants' influence tactics in budgetary control meetings, Qualitative Research in Accounting and Management, 14 (3), pp. 328-362. https://www.proquest.com/docview/1929000888/404C42DD978459CPQ/1?accountid=30552

Mahdavikhou, M. (2018), "Exploring Accounting Research in "Emerald's Accounting Journals" Using Content Analysis Approach", Journal of Accounting, Finance and Auditing Studies, vol. 4, no. 4, pp. 243-259. https://www.proquest.com/docview/2118758626/79B6FD882FB345FAPQ/1?accountid=30552

Omar Fikrat, F.T. & Ozyapici, H. (2019), The Impact of the Magnitude of Overhead Costs on the Difference Between ABC and TDABC Systems, Foundations of Management, 11(1), pp. 81-92. https://www.proquest.com/docview/2230172954/8FDD91FF3B484AD1PQ/1?accountid=30552

Pasch, T. (2019), Strategy and innovation: the mediating role of management accountants and management accounting systems’ use, Journal of Management Control, 30 (2), pp. 213-246. https://www.proquest.com/docview/2258055552/36A47A23A6E146D3PQ/1?accountid=30552

Patten, D.M. & Shin, H. (2019), Sustainability Accounting, Management and Policy Journal’s contributions to corporate social responsibility disclosure research: A review and assessment, Sustainability Accounting, Management and Policy Journal,10 (1), pp. 26-40. https://www.proquest.com/docview/2188872963/D4A9A9B49F46446APQ/1?accountid=30552

Real life example for ABC method (2019), Available through <https://embapro.com/frontpage/abccostingco/20280-nestle> [Accessed on 30th August 2021].

Smyth, D. (2019), Real life Example for ABC method. Available through<https://bizfluent.com/info-12105073-types-businesses-activitybased-costing.html> [Accessed on 30th August 2021].

Tarzibashi, O. F. F., and Ozyapici, H. (2019), The Impact of the Magnitude of Overhead Costs on the Difference Between ABC and TDABC Systems. Foundations of Management, 11(1), pp. 81–92. https://www.proquest.com/docview/2230172954/288E15F621D143B5PQ/1?accountid=30552 Value chain analysis, (2013), (Online). Available through <https://www.cgma.org/resources/tools/essential-tools/value-chain-analysis.html>[Accessed on 30th August 2021]

ACCT6003 Financial Accounting Processes Assignment Sample

Learning outcomes.

Apply accounting principles and standards when accounting for non-current assets, revenue and liabilities and recognize the judgements required in a range of diverse business contexts. Differentiate between shares and debentures and apply appropriate accounting procedures. Submission - By 11:55pm AEST/AEDT Sunday of week 8 Weighting - 25% Total Marks - 100 marks Learning Outcomes

This assessment will cover the learning objectives from the topics covered in weeks 3, 4, 5 and 6 and applying them to real cases. These include accounting for shares and debentures and accounting for non-current assets, including impairment and asset revaluation.

Part A: This assessment is designed to demonstrate your understanding of the accounting process to account for the above topics.

Please use the supplied templates for assignment help to design your answer in the correct General Journal format and combine all answers into one assessment document covering all tasks. Please follow the submission instructions on Blackboard. Submit the assessment file in a word or PDF format including cover sheet. JPEG files cannot be opened and will not be marked. Instructions:

• Using the templates provided. Design your own General Journal templates. • Type your answers into the General journal, remembering to leave a blank line after each entry and include a narration and date for every entry. • Where required, please provide clear workings of your calculations in your answers. • Do not rewrite the question in your assignment.

Round all amounts to the nearest dollar.

Part A: Written report (40 marks)

Question 1: Impairment of assets (9 Marks)

Flights Ltd has determined that its aviation division is a cash–generating unit (CGU). Information as at 30th June 2020 is as follows:

accounting assignment sample

Additional information:

• Buildings - Accumulated depreciation as at 30 June 2020: $100,000 • Equipment - Accumulated depreciation as at 30 June 2020: $200,000 • Flights Ltd calculated the value in use for the division to be $600,000

a) Calculate the impairment loss as at 30 June 2020: (2 Marks) b) Prepare a table as provided below to allocate the above impairment loss: (2 Marks)

c) Prepare a general journal (as per template below) to record the above impairment loss for the year ended 30 June 2020. Include a narration. (5 Marks)

General Journal template:

accounting assignment sample

Question 2: Revaluation of Non-current assets (13 Marks)

The Balance sheet for Saturn Ltd disclosed the following information: Saturn Ltd

Balance Sheet (extract) 30th June 2019

accounting assignment sample

• The company has adopted fair value for the valuation of non-current assets. This has resulted in the recognition in previous periods of an asset revaluation surplus/reserve for the plant of $120,000.

• The plant has a useful life of 10 years and a zero-residual value.

• On 31st December 2019, it was decided to revalue this amount to its fair value of $400,000.

a) Record the journal entries (as per template below) as at 31 December 2019, relating to the revaluation of this plant. Include narrations. (7 Marks) b) Record the closing journal entries (as per the template below) for any gain or loss on revaluation only, as at 30th June 2020. Include narrations. (6 Marks)

Ignore any tax effects.

accounting assignment sample

  Question 3: Share issue (18 Marks)

Cobra Ltd was incorporated on 1 July 2019 and issued a prospectus inviting applications for 100,000 ordinary shares at an issue price of $10.

The shares are payable as follows:

• $5 payable on application • $2 payable on allotment • $3 payable on call to be made 30th September 2019 • Share issue costs were $1,500 and legal costs were $500

The transactions for the period were as follows:

accounting assignment sample

The company’s constitution states that any forfeited shares must be refunded to the shareholders.

Prepare the general journal entries (as per template below) in the books of Cobra Ltd to record the above transactions. Provide narrations for all your entries.

accounting assignment sample

Question 1:

The Impairment loss of the cash generating unit is amounting to be $900000 (Hassine and Jilani, 2017)

accounting assignment sample

As per the procedure of impairment loss allocation the losses are to be adjusted with each asset based on its proportionate share on the carrying value.

accounting assignment sample

Question 2:

accounting assignment sample

Question 3: Journal Entries

The Journal Entries in the books of Cobra is as follows

Journal entries

accounting assignment sample

Hassine, N.M. and Jilani, F., 2017. Earnings management behavior with respect to goodwill impairment losses under IAS 36: The French Case. International Journal of Academic Research in Accounting, Finance and Management Sciences, 7(2), pp.177-196.

ACC2CRE Financial Accounting and Reporting Assignment Sample

1. This assignment is compulsory and is worth 20% of the marks of the subject. There are two questions in the assignment worth 40 marks and students acquired marks will be converted into 20%.

2. The assignment must be submitted via Turnitin.

3. Students must provide their names and ID numbers in cover page of the assignment.

4. You must keep a copy of your assignment until you receive the marked original back.

5. The assignment must be in MS word format, double-spacing and 12-pt Times New Roman font.

6. Submissions must be properly referenced and students are required to use either an APA or Harvard referencing style

7. Word limit: 700 words excluding references. The total word number for Question 1 is 200. The number of words can be 10% more or less without penalty.

8. Plagiarism is a serious academic misconduct. Students involved in plagiarism will be referred to the University’s appropriate authority.

Questions for Assignment Help

A newly appointed accountant, Mr Max of Bulla Ltd told to his team members that financial statements will be more comparable when our entity will use AASB/IFRS standards to prepare a set of financial statements consistent with other reporting entities.

(a) Do you agree with this statement or otherwise? Explain the above statement with four examples (Hint: AASB 116 requires that PPE must be valued at historical cost or fair value).

(b) If Bulla Ltd changes its accounting policies in the current year explain whether such changes need to be disclosed in the financial statement. If so, how?

On 1 July 2020, Rina Ltd acquired all the share capital of Tina Ltd for $944,000. At that date, Tina Ltd’s equity consisted of: Share capital $300,000, General Reserve $192,000 and Retained earnings $112,000.

At 1 July 2020, all the identifiable assets and liabilities of Tina Ltd were recorded at fair value. Both companies employ the perpetual inventory system.

Financial information for Rina and Tina Ltd for the year ended 30 June 2021 is presented below:

accounting assignment sample

(a) On 1 January 2021, Tina Ltd sold inventory costing $60,000 to Rina Ltd for $100,000. Half of this inventory was still on hand with Rina Ltd at 30 June 2021.

(b) On 31 March 2021, Rina Ltd sold equipment to Tina Ltd for $12,000 which was $2,000 below its carrying amount to Rina Ltd at that date. Tina Ltd charged deprecation at the rate of 10% p.a. on this time.

(c) In the 2021 period, Rina Ltd sold a block of land to Tina Ltd at $40,000 above cost. The land is still held by Tina Ltd.

(d) There was a profit in the beginning inventory of Rina Ltd of $12,000 on goods acquired from Tina Ltd in the previous period.

(e) The tax is 30 per cent.

(a) Calculate goodwill on the date of acquisition; (b) Prepare journal entries for consolidation worksheet; (c) Using excel spreadsheet prepare consolidation worksheet for Rina Ltd for the year ended 30 June 2021. (d) Using excel spreadsheet prepare consolidated financial statements for the year ended 30 June 2021.

Answer to question 1

(a) Agreement with the statement

The above statement suggested by the newly appointed accountant regarding the applicability of financial standards such as IFRS and AASB holds true. The primary purpose of the accounting standard is to provide common accounting policies and regulations to be managed and followed by the organisation to prepare the financial statements. The management is only responsible for selecting accounting policy; however, it should be Limited with the appropriate accounting standards (Commenced, 2018). For a better understanding of the applicability of various accounting standards, the following examples can be considered:

(b) Disclosure of the changes

As per AASB 8, the accounting policies and the principles can only be changed by the management if there are reliable indications that it will improve the overall financial reporting of the organization, change in statute, or change in relevant accounting standards. According to paragraph 5 of AASB 8, the company will be required to present the current accounting policies followed by the management and any changes in the accounting policies made in the current financial year. According to pa para 5 of the said accounting standard, retrospective change because of the change in accounting policy will also be included, and it will be required to present in detail (Aasb.gov.au. 2022).

Answer to Question 2:

(a) Goodwill

accounting assignment sample

(b) Consolidation of journal Entries

accounting assignment sample

(c) Consolidation worksheet

accounting assignment sample

(d) Consolidated financial statement

accounting assignment sample

Aasb.gov.au. 2022. [online] Available at: <https://aasb.gov.au/pronouncements/accounting-standards/> [Accessed 27 April 2022]. https://aasb.gov.au/pronouncements/accounting-standards

Aasb.gov.au. 2022. [online] Available at: <https://www.aasb.gov.au/admin/file/content105/c9/AASB108_08-15.pdf> [Accessed 27 April 2022]. https://www.aasb.gov.au/admin/file/content105/c9/AASB108_08-15.pdf

Commenced, D., 2018. 2.5 STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES. Policy. https://www.coomalie.nt.gov.au/images/Documents/All/2.5%20Statement%20of%20Significant%20Accounting%20Policies%202017.pdf

ACCT1081 Ethics and Accountability Assignment Sample

Requirements:.

This is worth 10% of your marks and should not exceed 1000 words excluding appendices. You are required to work in groups of two students to search existing databases of: newspapers, periodicals, YouTube, academic articles, etc. to find a current business event that involves either ethical or unethical practice and behaviour. The business event should have occurred within the last two years.

NOTE WELL: Your choice of ethical issue has to be approved by your lecturer/instructor as we wish to avoid the same issue being presented more than once in the seminar.

You are then required to discuss the following issues:

1. What are the relevant facts of the case?

2. Who are the primary stakeholders, and why are they considered such?

3. What are the ethical issues? (This includes identifying the ethical issues associated with each of the relevant facts and ranking these or commenting on the severity of each. You should include the different perspectives of: utilitarianism, deontological ethics, and justice and fairness.

Introduction:

The emergence of coronavirus disease (COVID-19) and its subsequent pandemic spread has resulted in a global public health crisis with devastating health, social and economic consequences. The initial response of the different states was to impose restrictive measures and social barriers, such as the use of face masks or social distancing or mobility restrictions. In this context of pandemic chaos and after the rapid and celebrated development of several effective vaccines against COVID-19

Relevant Facts

There is no doubt that the prevention of infectious diseases through vaccination has been one of the most important advances in public health. However, it seems that scepticism towards such vaccines Thus, reluctance to the vaccine, defined as refusal, delay or acceptance with doubts about the usefulness and safety of the vaccine, can affect a significant number of the population, which may be reluctant to vaccinate for COVID- 19, despite the clear public perception of the high health risks associated with the pandemic. In such a situation, different medico-legal and ethical debates emerge, In the reluctance to COVID-19 vaccination in health professionals, we would find different values and principles in conflict. On the one hand, as mentioned above, a group of values and principles related to the protection of health, both collective and individual, are identified.

Primary Stakeholders

Given the realities of ordering coronavirus vaccinations in the working environment of stakeholders and employees, businesses must provide a stable environment to receive vaccinations, providing reassurance and support. This assignment writing for assignment help is necessary because the work environment must provide stakeholders with a credible, open and educational conversation about vaccine use. Web and other strong administrative portals to support delegates with booking arrangements and other motivational schemes. The convenience of adaptability to go to delegates and get antibody certification is important for all our critical partners to help prevent the spread of coronavirus from person to person. The report proposed by Berlinger et al. (2020), is if a state or county's overall prosperity requirements require employees to be vaccinated, the course for delegates to be vaccinated against Covid is one of the obligations companies have under occupational safety guidelines. It is a truly actionable step to consider as a department. Anyway, in conditions where there is no sensible government need to order vaccination, various organizations are logically engaging to change their work prosperity and security responsibilities against their assurance, and various responsibilities toward staff.

Fundamentally, administrators ought to continue to have regard for truth be told practicable advances they can take to deliver their responsibilities under work prosperity and security guidelines and whether that consolidates necessary vaccination will depend upon the states of every business. General prosperity should attempt to execute the most un-restrictive intercession at whatever point what is going on permits, yet inoculation orders are the most restrictive, nosy sort of counteracting agent technique (Sinclair et al. 2021). Moral conversation on vaccination orders dependably suggests that except for assuming any leftover reasonable means have failed (or are most likely going to forget) to augment immune response take-up as well as lessening disorder transmission by various means to an all-right level, orders should not be done. This anticipates that foundations should consider whether they have sought after each possible intervention and sponsorship instruments for preventing sickness even without a vaccination mediation.

Utilitarianism Approach to COVID-19 Vaccination

Utilitarianism is the laws are chosen because they bring about the best consequences. If the utilitarian course of action is not adopted, someone (often many) people will suffer or die avoidably. There may be good reasons to sacrifice well-being or lives. But such choices need to be made transparently and in full awareness of their ethical cost. Therefore, the requirement to get the jab wasn’t only in the best interest for individual but also for the countries and states Australia wide. Therefore, people of power saw this as way to adopt this to ensure that well-being of our lives was completed for good reasons to ensure the jab was mandatory. This was a major issue worldwide country wide and state-wide with the severity of this high.

Deontological Approach to COVID-19 Vaccination

Vaccine reluctance in health professionals must also be addressed from a deontological perspective. However, at present, it is important to note that studies show high efficacy figures for different types of vaccines in preventing infection in the vaccinated person, but it is not yet known whether COVID-19 vaccination prevents transmission. That is, at present, we know that a vaccinated person is more protected from the disease, but it is unknown whether a vaccinated person can transmit the disease. Therefore, at present, it is not yet established that vaccination prevents a direct risk of transmission to patients.

From a deontological point of view, a health professional's decision not to vaccinate would affect his or her own health, herd immunity and exemplarity, and is therefore highly recommended, but it is not clear that it would cause direct harm to the patient.

On the other hand, it is a deontological responsibility of the doctor, in relation to vaccination, to generate confidence in it, using evidence-based knowledge when available, avoiding the dissemination and promotion of misinformation.

This was a major issue worldwide country wide and state-wide with the severity of this high.

Justice & Fairness Approach To COVID-19 Vaccination

The COVID-19 pandemic has resulted in lockdowns, the restriction of liberties, debate about the right to refuse medical treatment and many other changes to the everyday behaviour of persons. The justice issues it raises are diverse, profound and will demand our attention for some time. The need to make the vaccine mandatory was one of the major talking points, as many saw this as a major factor of their rights as a individual being non-existent. People didn’t see this fair to them as some were not certain on getting the vaccine due to the untested vaccines and their right not to get vaccinated due to this issue. The COVID-19 pandemic is pushing ethical deliberation in new directions and many of them turn on approaching medical ethics with a greater emphasis on justice and related ethical concepts.

Berlinger, N., Wynia, M., Powell, T., Hester, D.M., Milliken, A., Fabi, R. and Jenks, N.P., 2020. Ethical framework for health care institutions responding to novel Coronavirus SARS-CoV-2 (COVID-19) guidelines for institutional ethics services responding to COVID-19. The Hastings Center, 12.

Sinclair, R.R., Probst, T.M., Watson, G.P. and Bazzoli, A., 2021. Caught between Scylla and Charybdis: how economic stressors and occupational risk factors influence workers’ occupational health reactions to COVID?19. Applied psychology, 70(1), pp.85-119.

accounting assignment sample

Sample Category

accounting assignment sample

Assignment Services

Submit form for sample reading, submit form for sample pdf, what saying our customers.

Kelvin

During my graduate studies, I got a 10-day literature review assignment with seven pages of instructions. I was too preoccupied with my exam preparation to seek assistance from the assignment helpline. It was a great experience.

accounting assignment sample

Eassy literature

Victor

I used the assignment helpline for a handful of assignments, and the grades I earned are reason enough to write a review. I had a really tight deadline on each of my assignments, yet the specialists never let me down.

accounting assignment sample

Assignment humanities

Ameena

 Because English is not my first language, I struggled to write an essay. I was fortunate to come across theassignmenthelpline.com; I was able to purchase their assignment writing services because they are so affordable, and I was relieved to receive my assignment in my inbox. 

accounting assignment sample

Eassy english

Jack Cran

Their method of working appealed to me much. All of the theoretical requirements for my electrical engineering project have been met. They also give me a plagiarism report to make sure the paper is completely unique. 

accounting assignment sample

Engineering research paper

Charlie

TheAssignmentHelpline delivered an excellent project management assignment report. They helped me save time and effort. Thanks a lot. 

accounting assignment sample

Assignment project management

Alicia Dods

I was blown away by their service. Thank you so much for your prompt assistance, TheAssignmentHelpline. Next month, I will undoubtedly return with a new assignment. 

accounting assignment sample

Assignment law

Isla Holt

The assignment paper on people management done by the professional of TheAssignmentHelpline has blown me away. The only point of contention I brought up was the low word count. As a result, I applied for a rework. Within an hour, I received the updated work. If the necessity arises, I will absolutely use the service again. 

accounting assignment sample

Assignment management

Rory Chinn

I realized I had very little time left when I was battling with my Java assignment. At that point, a friend recommends The AssignmentHelpline to me. I had gathered all of the necessary data. Only the editing and finalization of the draught remained. As a result, I requested that they do so. To be honest, they charged a very low price for the work, and I'm satisfied with the results. 

accounting assignment sample

Programming java

Hamish Bower

My networking assignment had been meticulously planned. All of the network diagrams in the answer are correct and were hand-drawn by the author. The team is always prompt in their responses. Excellent work! 

accounting assignment sample

Computer Science And IT network topology

Zac Goldstein

My math teacher had given me a homework assignment with a list of instructions, and I was pretty worried about it. When I looked through my homework question, there was anything that I didn't understand. So, in order to complete my homework on time, I enlisted the services of a math assignment writer from TheAssignmenthelpline.com. Thank you for assisting me at such a crucial time. 

accounting assignment sample

Assignment mathematics

Sophia

APA formatted assignment with actual examples and statistics that is well written, instructive, analytically sound, and correctly cited. The assignment was also free of plagiarism. The sales services are excellent; they answer quickly to any questions. The chat team deserves a standing ovation. 

accounting assignment sample

Assignment science

Jake L. Romero

 In the past, I've been duped by more than three online assignment help firms. When I came to theAssignment Helpline, though, I never had to worry about bad grades or missing deadlines. I would strongly advise everyone to use this platform.

Jake L. Romero

Assignment finance

Jacob J. Mathews

 According to my personal experience, the writers are highly skilled and committed to their work. My macroeconomics homework had been meticulously prepared. I was really pleased with your services and would certainly tell all of my friends about them.

Jacob J. Mathews

Assignment economics

Sammy L.

 I received a top-notch management assignment!!!! I'm quite happy with your services and the way you handled your responsibilities. I'm completely blown away!! Thanks.

accounting assignment sample

 TAH's experienced staff members impressed me the most, aside from providing high-quality assignment help for my economics assignment. They were kind and interested in hearing my ideas for overcoming the assignment issues. Gentlemen, I appreciate your time and thought.

accounting assignment sample

 Thank you a lot! Service that is both professional and educative. Your service is fantastic, and it's also really quick!

accounting assignment sample

Coursework marketing

David

 Excellent work; I am very pleased with my computer science homework. Thank you for providing me with a writer. I'll be in touch with you guys for more work.

accounting assignment sample

Assignment computer science and IT

Eddie D. Locklear

 The assignment was fantastic. The tutor gave me a flawless score. The tutor also complimented me.

accounting assignment sample

 For my statistics homework, you did a fantastic job!! It comes highly recommended!

accounting assignment sample

Dissertation statistics

Joe M. Carey

 I received my 3500-word report in just two days, and I'm still blown away by the level of service you provided. This is fantastic. Even if I had a week, I would not have been able to finish this. Thank you for your help, Team.

accounting assignment sample

 I am quite pleased with the work. As a result, I would recommend this writing service to students who are dealing with difficult tasks and tight deadlines. I received excellent grades on the tasks completed by The Assignment Helpline's professionals. Thanks.

accounting assignment sample

 Thanks to the comprehensive assignment assistance expert who completed my 3000 word network security research paper. The paper is well-researched and devoid of plagiarism. Thank you very much for giving me a score of 90%.

accounting assignment sample

Research Paper networking

Linda

 It's the first time I've sought assistance from an online assignment aid service. Believe me when I say that the end outcome exceeds all expectations. My mathematics homework was flawless. Guys, you did a fantastic job.

accounting assignment sample

Coursework mathematics

Joseph L.

 I requested that you develop a presentation for a marketing project. I'd say it was a fantastic presentation that was well-prepared, matched the standards and academic parameters, and contributed to good scores.

accounting assignment sample

Assignment marketing

Catherine E. Neal

 Their method of working appealed to me much. All of the theoretical requirements for my electrical engineering project have been met. They also give me a plagiarism report to make sure the paper is completely unique.

accounting assignment sample

Assignment engineering

Mitchell M.

 All the documents were supplied to me way early, and I was able to complete my assignment before time.

accounting assignment sample

 I'm grateful to a friend who recommended that I use your services for my accounting homework. I was at a complete loss the day before, unsure of what to do, and the next day, I spoke with a nice and pleasant person who told me that this difficult project would be given on time by one of their experienced writers. And it was just how the salesman had described it! I am quite pleased that I sought help from the entire assignment help team.

accounting assignment sample

Coursework accounting

Shirley W. Raney

 At the sixty-fifth hour, I requested assistance with my Accounts Assignment from theassignmenthelpline, and they responded with an A+ assignment. The services are highly recommended.

accounting assignment sample

Assignment accounting

Darrell

 I was hunting for a dependable assignment writing service and lately discovered The Assignment Helpline. After contacting their team, my fears were dispelled, and I was able to complete my assignment on time.

accounting assignment sample

Academic Writing college

Katherine

 I was stranded with my buddies trying to do a group assignment about physics. TheAssignmentHelpline.com authors have really aided us in solving difficult numerical and other challenges in order to simplify our project. I recommend these services to all students who need help with their projects.

accounting assignment sample

 Because English is not my first language, I struggled to write an essay. I was fortunate to come across Theassignmenthelpline.com; I was able to purchase their assignment writing services because they are so affordable, and I was glad to receive my assignment in my inbox. My preceptor was really satisfied with me once I turned in the assignment, saying that my essay had excellent grammar and diction.

accounting assignment sample

Essay english

Amanda

 My math teacher had given me a homework assignment with a list of instructions, and I was pretty worried about it. When I looked through my homework question, there was anything that I didn't understand. So, in order to complete my homework on time, I enlisted the services of a math assignment writer from theassignmenthelpline.com. Thank you for assisting me at such a crucial time.

accounting assignment sample

 During my graduate studies, I got a 10-day literature review assignment with seven pages of instructions. I was too preoccupied with my exam preparation to seek assistance from The assignment helpline. It was a great experience.

accounting assignment sample

Essay literature

Robert S.

 My field of study is electrical engineering, and I was trapped in the middle of a project. I couldn't find any reliable sources to assist me in that case. Someone recommended that I use this site for help, and I ended up getting decent grades.

accounting assignment sample

 I've used the services of programming specialists twice this month and have been quite pleased with the results. I recommend that my friends hire professionals to complete their schoolwork.

accounting assignment sample

Programming python

Claudia

 I discovered that my software engineering assignment had not even begun five days before the deadline. I didn't have any other choice than to seek assistance from the assignment helpline. It was a 90 percent pass for me.

accounting assignment sample

 I had an immediate need for a logistics assignment expert, and I can confidently say that I obtained a high-quality assignment in less than two days. The content was excellent, and all of the requirements were met. This is a website that I strongly suggest to everyone.

accounting assignment sample

 This is the first time I've outsourced my schoolwork, and I'm really pleased with the service provided by this website. My sociology essay received an 85 percent grade. Thank you very much.

accounting assignment sample

Coursework finance

Sandra R. Kollman

 The writers are well-educated and experienced in academic writing. I usually seek assistance from The Assignment Helpline since I only have faith in their writers. They get good results from the writings they write. Must try!

accounting assignment sample

Academic Writing spss

Betty W.

 I was blown away by the quality of the paper; it was exactly what my teacher had requested and was devoid of plagiarism... The Assignment Helpline is a fantastic resource!

accounting assignment sample

Case Study marketing

Pamela R. Forsyth

 Because of some pressure at home, I forgot about my Audit Assignment, which was due the next morning, and I was unable to submit it on time. However, The Assignment Helpline assisted me greatly, and they supplied the assignment on time, and I was able to relax. Thank you very much.

accounting assignment sample

Assignment auditing

Larry T.

 I've never loved Algebra but had to study it as part of my course work. I couldn't imagine completing an Algebra project, but thanks to The Assignment Helpline, I was able to pass with decent grades.

accounting assignment sample

 Fantastic website for assignment help online. Experienced mentors helped me with a fantastic physics homework. Improved knowledge of difficult subjects such as electromagnetism and quantum physics. They have a great staff of authors who work well together. I would recommend this website to anyone who wants to gain a thorough understanding of complex issues, as I did. Thank you so much for your help, The Assignment Helpline.

accounting assignment sample

 I tried various assignment help services but was never satisfied, but I am now satisfied because The Assignment Helpline completes the task as specified. Many thanks!

accounting assignment sample

Assignment biology

Gabriel Lacombe

 In my class, I presented the best mathematics assignment. Theassignmenthelpline assistance is, in my opinion, one of the top service providers for university students. The tasks are written by highly educated experts. For the first time, I received an A. Thanks.

accounting assignment sample

 Thank you so much to the entire crew at The Assignment Helpline; you did an amazing job. I was very concerned about submitting my IT management project because the deadlines were approaching and I was unable to meet them. But, thank you to your staff for understanding my needs and delivering before the deadlines.

accounting assignment sample

 My open exam resulted in a 45/50, and my professor complimented me on my performance in class. Thank you so much, TheAssignmentHelpline.

accounting assignment sample

 Exceptional customer service. My statistics assignment has a total of 8 questions, all of which have been answered correctly. Plagiarism is also below academic standards, which is really commendable. Thanks.

accounting assignment sample

 I received a good grade. You did a fantastic job. Had assistance till the job was completed, and the work was completed a few days earlier than expected.

accounting assignment sample

Programming sas

Cong Hsiung

 Thank you for assisting me with my Computer Science project. Your specialists performed admirably. Academic sources are cited for all facts and examples. I didn't get any plagiarized work.

accounting assignment sample

 The assignment was awesome! Highly recommended and must use service for every student.

accounting assignment sample

Easy history

Eve Godfrey

 There were three assignments in my business ethics assignment, each with five sets of questions. Each question received a minimum of 250 words of response, with a total of 10 references acknowledged for each task. Guys, you did an excellent job. Thanks.

accounting assignment sample

Assignment business management

Evie Francis

 Excellent customer service!!! The Assignment Helpline is a well-known name in the field of assignment assistance. I am satisfied with the level of service provided here.

accounting assignment sample

 The assignment helpline is the most dependable academic assistance online. I've been using this site for over two years and they've always provided me with excellent service.

accounting assignment sample

Assignment academic writing

Alicia dods, hamish bower, zac goldstein, jake l. romero, jacob j. mathews, eddie d. locklear, joe m. carey, catherine e. neal, mitchell m., macy j. otto, shirley w. raney, may a. epps, saul k. todd, sandra r. kollman, pamela r. forsyth, bevis fontaine, chappell duffet, gabriel lacombe, olivie généreux, favor dubois, cong hsiung, zlatko nikolic, eve godfrey, evie francis, kate jarvis.

accounting assignment sample

Subscribe Now

Cookie consent.

This website uses cookies or similar technologies, to enhance your browsing experience and provide personalized recommendations. By continuing to use our website, you agree to our Privacy Policy

IMAGES

  1. Management Accounting Sample

    accounting assignment sample

  2. Financial accounting assignment help

    accounting assignment sample

  3. Use the Best Accounting Assignment Sample to Boost Grades

    accounting assignment sample

  4. Sample Cost Accounting Assignment

    accounting assignment sample

  5. Business Accounting Assignment Sample

    accounting assignment sample

  6. 😊 Introduction for accounting assignment. Introduction To Accounting

    accounting assignment sample

VIDEO

  1. Accounting for managers assignment on journal entries, ledger, trial balance for MBA student

  2. Accounting Principles and Standards

  3. Individual assignment

  4. BCOC 138 Cost Accounting FREE ASSIGNMENT IGNOU IN HINDI MEDIUM BAG BCOMG FOR SECOND YEAR STUDENT

  5. “Dialog Asking and Givin opinion with friend”

  6. Study in Finland from Bangladesh.. Motivational video assignment sample for masters students

COMMENTS

  1. Accounting Test

    Accounting Test. This Accounting Test is designed to help you assess your knowledge of essential accounting principles and basic concepts. We strongly encourage any students who are planning or are beginning their FMVA certification program to take this test to determine whether you will need to take the prerequisite accounting courses, including Accounting Fundamentals and Reading Financial ...

  2. Accounting Assignment Topics

    Choose AssignmentBro writing assistance with accounting. Anyone who is struggling with their accounting assignment can get help from a professional writer. AssignmentBro provides a wide range of services that can help with accounting assignments. We have a team of professional writers who can help with choosing the right topic, researching, and ...

  3. Accounting Assignment Sample, Example & Question Scenario

    Our assignment template is as perfect as a high-quality assignment. You can seek a better idea of assignments writing from our accounting assignment template. We offer free accounting assignment samples before you get to us for your assignment order. Go for it and place your order now. Also Read: Free Assignment Samples.

  4. Financial Accounting: Assignment Sample

    It comprises with several accounts such as journal entries, ledger accounts, trial balance accounts, balance sheet, bank reconciliation statement and suspense accounts. Therefore, such preparation of these accounts will have positive influences as per analysing financial issues and management of operations. A.

  5. Free Finance and Accounting Assignments Samples and ...

    Samples List. An assignment examples on finance and accounting s is a prosaic composition of a small volume and free composition, expressing individual impressions and thoughts on a specific occasion or issue and obviously not claiming a definitive or exhaustive interpretation of the subject. the presence of a specific topic or question. A work ...

  6. Accounting Assignment Sample

    Introduction Of Accounting And Financing Of Decision Making Assignment Get free written samples from subject experts and Assignment Writing in UK. 1. Executive summary In the report, it has been discussed the impact of Covid 19 in the organization and economy dramatically. In this study, it has been discussed the Accounting and finance making...

  7. Accounting Assignment Samples & Examples [Download Now]

    Course Code: BA30592E. University: University Of West London. Country: United Kingdom. Answer: Part A 1.Journal Entries Date Particulars Debit £ Credit £ Sep. 1 Allowance for bad debts 105 Account receivable 105 Receivable from P. Mullen recorded as write off Sep. 5 Account Payable 150 office Fixture ...

  8. Example of Introduction for Accounting Assignment Sample

    Accounting Standards - Financial Reporting Assignment Sample Question. Instructions for the report AASB 9 (and IFRS 9) Financial Instruments was initially released in December 2014, but it will become effective from financial reporting periods beginning on or after January 1, 2018. This will bring fundamental change to financial instrument accounting when it replaces the existing accounting ...

  9. Accounting Assignment Sample

    Review and Download PDF for Accounting Assignment Sample : Topic: Achievement of Environmental Goals at Visy. Document Type: Accounting Assignment Sample. Subject: Management Accounting. Number of Words: 1500 words. Pages: 6 pages. Referencing Style: APA.

  10. Accounting Assignment Sample Solution

    Get free Accounting Assignment Samples and free Accounting Assignment Sample Solution by MyAssignmentHelp, write introduction of accounting assignment.

  11. Accounting Assignment Sample

    Investment decision of LVMH company Assignment Sample. Introduction:- Get free samples written by our Top-Notch subject experts for taking online assignment help & australian assignment help services. Investment plays a very crucial role in business, it is more important because a good investment can help to generate revenue with the right ...

  12. Free Accounting Assignment Samples Solution List

    Access a large number of accounting assignment samples to help you determine the quality of accounting assignments we prepare. Our experts are highly qualified and from across the globe, ensuring every student needs is addressed.

  13. Accounting Assignment Sample

    An accounting assignment sample on our website can give you a brief idea about our high-quality. Accounts is often referred to as the language of business and involves recording all kinds of financial information about business transactions. In order to write engaging assignments that will ensure good grades, students need to have an exhaustive ...

  14. 1,001 Accounting Practice Problems For Dummies Cheat Sheet

    Formula to assign overhead costs. Total overhead costs incurred ÷ activity level. Overhead costs, such as a factory's utility costs, can't be directly traced to a product. Instead, overhead costs are allocated based on an activity level. The activity level chosen should impact the amount of overhead costs incurred.

  15. Accounting Assignment Sample

    Looking for best Accounting Assignment Help. Whatsapp us at +16469488918 or chat with our chat representative showing on lower right corner or order from here. You can also take help from our Live Assignment helper for any exam or live assignment related assistance. You can explore our samples by clicking here.

  16. Sample Masters Accounting and Finance Assignment

    Sample Masters Accounting and Finance Assignment. Here is a sample that showcases why we are one of the world's leading academic writing firms. This assignment was created by one of our expert academic writers and demonstrated the highest academic quality. Place your order today to achieve academic greatness.

  17. Accounting Assignment Sample

    Accounting Assignment Sample By PhD Experts. The term accounting or accountancy is the processing, measurement, and communication of non-financial and financial information about economic bodies such as corporations and businesses. In Australia, several universities are offering a different level of accounting courses.

  18. Accounting Assignment Sample

    Assignments sample completed successfully by our expert's team and professionals writers. We provide the best paperwork for students in the UK ... Best Accounting Samples Written by Ph.D. Certified Writers. 60,000+ Projects Completed. 40,000+ Students Availed Our Services. A. 99.9% Passing Rate of 40K+ Students. Samples.

  19. Accounting Assignment Samples

    ACC2CRE Financial Accounting and Reporting Assignment Sample. 1. This assignment is compulsory and is worth 20% of the marks of the subject. There are two questions in the assignment worth 40 marks and students acquired marks will be converted into 20%. 2. The assignment must be submitted via Turnitin. 3.

  20. Free Management Accounting Assignment Sample for students

    Global Assignment Help provides free assignment sample on Management Accounting written by highly qualified writers for University students to excel in academics. Order Assignments Now Get Upto 50% Off Get UPTO 50% OFF on Your 1st Assignment. Redeem Code: NEWCUST25 Order Now +44 1942925890 . [email protected].