Federation Business School BUACC1508 Accounting and

Finance Assessment Task 2: Group Assignment...

Federation Business School BUACC1508 Accounting and Finance Assessment Task 2: Group
Assignment...

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Federation Business School BUACC1508 Accounting and Finance Assessment Task 2: Group
Assignment...

Federation Business School

BUACC1508 Accounting and Finance

Assessment Task 2: Group Assignment

1. General information

As per the Course Description, this assignment constitutes 30 per cent of the total assessment
in this course and is due week ten of semester on Sunday 29th Jan 2017 at 11.55pm in Turnitin.
Submission will be hard copy format via the assignment drop-box. Only one copy of the
assignment is to be submitted per group.

2. Purpose

Course BUACC1508 is concerned primarily with the use of accounting information. The main
1 / 23
purpose of this assignment is to provide students with the opportunity to apply the knowledge
and skills acquired during the semester to a practical task involving the use of ‘real-world’
accounting information. In particular this will enable you to gain insights into and information
about the business of Billabong Limited, a merchandiser of surfwear and other outdoor action
clothing, using the published financial statements of the company as your primary data source.
This is intended to consolidate students’ accounting knowledge and skills. Students are
required to complete the assignment in groups of three or four and this is intended to foster
the development of the co-operative work skills that will be of importance in most employment
contexts.

3. Assessment Details and Requirements

Students are to organise themselves into groups of three or four to complete the assignment
and do not have automatic entitlement to adopt some other arrangement (such as completing
the assignment individually or in a larger group). Students who have difficulty finding a partner
or who encounter other difficulties (for example, their partner withdraws from the course) should
consult the Course Coordinator. There is no requirement that your partner be from the same
tutorial group as yourself.

The basic requirement is to make a general analysis of the profitability, efficiency, liquidity,
gearing (leverage), and investment performance of Billabong Limited using the information
available in the company’s 2015 annual report available availableatBillaboing Annual Report
2015 and also available via Moodle.

Students are to use the ‘Consolidated’ data in conducting their analysis. Note that the 2015
annual report contains comparative data for the year 2014. The assignment will contain two
main elements:

Schedule(s) of relevant ratios and other useful calculations

The schedule(s) of relevant ratios and other useful calculations should be incorporated in one or
more appendices. Ratios and other calculations should be presented so as to facilitate
comparison between 2015 and 2014 data. Students are advised to show the calculations used
in determining particular ratios and other figures.

2 / 23
A written report

The written report should:

· Explain briefly what is revealed by the ratios and other calculations in the context of the
company’s profitability, efficiency, liquidity, gearing (leverage) and investment performance. In
particular, any important changes from 2014 to 2015 should be identified, discussed and, where
possible, explained.

· Provide an overall assessment of the company from the perspective of existing and potential
equity investors (shareholders).

The assignment is to comply with the University’s General Guide to Writing and Study Skills
and General Guide to Referencing

http://federation.edu.au/students/learning-and-study/online-help-with/study-skills-and-writing-
guides and the written report is not to exceed 2,500 words (excluding the Executive
Summaryand calculations which are to be incorporated in an appendix). Students are required
to use the ‘APA system’ for the acknowledgment of sources. In order to help ensure that
assignments meet required presentation standards, students are strongly advised to use the
‘Presentation check-list’ attached to these notes.

Students may, if they wish, seek and use additional information about the company from
sources other than the annual report (for example, from newspapers, business magazines etc.).
However, it is not envisaged that students will be engaged in extensive research of this nature
and it is expected that the annual report provided will be the primary resource relied upon in
completing the assignment. Students are expected to obtain relevant share price data for the
company so that investment ratios (such as a dividend yield ratio) can be calculated. (It is
recommended that students obtain the company’s share price as at 30 June 2014 and 30 June
2015 for the purpose of calculating relevant ratios on these dates. Share price data is available,
among other sources, from newspapers archived in the library or on the ASX website). Under
no circumstances are students to make direct personal contact with the company or its officers
(for example by telephone, fax, letter or email) in an attempt to gather further information.

4. SUGGESTED REPORT FORMAT AND APPROACH

SECTIONS IN REPORT:

Complete assignment in appropriate report format. Suggested report structure and headings:
3 / 23
I. TITLE PAGE

Your title or cover page needs to convey the main information about your assignment. It must
look professional and include:

?The Course Code and Name:

?The title of the assessment task:

?Name of the Course-Coordinator and of your tutor

?Trimester, year and date of submission

II. TABLE OF CONTENTS

The Table of Contents (TOC) provides the outline of your report to the marker/reader. It is the
first indication that you have addressed key issues and carefully planned you work. Your TOC
should look well laid out as if it is the TOC in a book. Use numbering for major and minor
headings where appropriate and include page numbers. You can use an extra page to detail
illustrations or tables if it is appropriate.

III. EXECUTIVE SUMMARY

The Executive Summary should give an overview of your report to a busy executive who does
not have time to read it in full. It should:

§ conveythepurposeofthereport,

§ giveasummary ofkeythemes,ideasorfindings (sub-headingsmaybeused),

§ provideabridgedrecommendations.

The Executive Summary should not exceed 150 words. The words in the Executive Summary
are not included as part of the final word count.

4 / 23
IV. BACKGROUND: COMPANY OVERVIEW

V. ANALYSIS

The main body of the report should include a discussion ofwhat is revealed by the ratios and
other calculations in the context of the company’s profitability, efficiency, liquidity, gearing
(leverage) and investment performance. In particular, any important changes from 2014 to 2015
should be identified, discussed and, where possible, explained. The main areas of analysis are:

· Profitability

· Efficiency

· Liquidity

· Gearing (Leverage)

· Investment Ratios

VI. CONCLUSIONS AND FINDINGS

The Conclusion is your evaluation or summary of the major points and key findings as
discussed in the Body of the report. The Conclusion should always be concise and must not
contain any new information. It should not require a substantial number of words to draw
information together and summarise what you have found.

VII.RECOMMENDATIONS

Your recommendations are the culmination of all your work and should deliver a well-rounded
and thoughtful ending to your research. The material in the body of your report provides the
basis for your considerations. The conclusion provides a summary of your deliberation over your
findings. The recommendations provide the reader with your considered opinions of what would
be the best decision(s) to make, or course(s) of action to follow, based on your research and
critical analysis.

For this assignment your recommendations should be directed towards both the internal
management/directors of the company and also existing and potential external equity investors.

5 / 23
VIII. APPENDIXES

The appendix must contain a one page summary in table format of the results of your ratio
calculations. This summary of your ratio results should be followed by the actual ratio
calculations and workings. Footnotes should also be used in your appendix to justify any values
you have used in your calculations where there is some uncertainty if you have selected the
correct figure (value) from the annual report to be used in the formulas.

IX. REFERENCES

This must contain full details all sources referred to or cited in the report, using the Federation
University author-date (APA) style.

ANALYSIS APPROACH

In particular, any important changes from 2014 to 2015 should be identified, discussed and,
where possible, explained. This may include amongst other aspects discussion and analysis of:

· Key results/trends from the ratio calculations

· Implications of your findings on the various

· Possible reasons and explanations behind the company’s fianacial performance and results

· Strategic implications for the company

· Strategies to improve the companies financial performance and results and also improve
investor (shareholder/member) confidence

5. Presentation AND REFERENCING

PRESENTATION

The ‘Presentation check-list’ (see attached appendix) indicates the requirements and expected
standards concerning presentation. An assignment that complies with the guidelines highlighted
in this check-list would normally be expected to achieve the required presentation standard (see
assessment criteria below). If further guidance is required, students should in the first instance
refer to the General Guide to Writing and Study Skills and General Guide to Referencing

6 / 23
publications, available from the University bookshop at Mt Helen campus or online at:http://feder
ation.edu.au/students/learning-and-study/online-help-with/study-skills-and-writing-guides

REFERENCING

The link to the library website for more information is: FedUni Library - Referencing

If additional clarification is necessary, students should discuss the matter with the staff member
responsible for conducting their tutorial.

6. Assessment criteria

In assessing submitted assignments consideration will be given to:

· Overall neatness, completeness and quality of presentation.

Degree level students are expected to achieve a satisfactory standard with respect to this
criterion as a matter of course and for this reason no credit will be granted for achieving it.
However, assignments that fail to achieve the minimum standard in connection with this criterion
will be penalised. The expected standard concerning this criterion is contained in the attached
‘Presentation check-list’.

· Timeliness of submission.

Degree level students are expected to be able to meet reasonable deadlines for the submission
of assessable work as a matter of course. For this reason no credit will be given for submitting
the assignment by the due date. Assessment tasks submitted after the due date, without prior
approval/arrangement, will be penalised at 10% of the available marks per day. Requests for
extension of time must be made with the lecturer concerned and based on Special
Consideration guidelines

https://federation.edu.au/current-students/essential-info/administration/special-consideration

7 / 23
· Demonstrated skill in identifying and calculating relevant ratios and other indicators of
profitability, efficiency, liquidity, gearing (leverage), and investment performance.

This criterion relates specifically to the requirement to prepare a schedule (or schedules) of
relevant ratios and other calculations and carries a weighting of 12 marks out of the 30 available
for the assignment.

· Demonstrated understanding of financial reports and ratios and other indicators of

profitability, efficiency, liquidity, gearing (leverage), and investment performance.

This criterion relates specifically to the requirement to submit a written report and carries a
weighting of 18 marks out of the 30 available for the whole assignment. Written reports in
excess of 2,000 words will be penalised.

A single copy (only) of the assignment should be submitted, for which the students who
prepared it will usually receive the same mark. This is based on the expectation that each
student will have contributed equally to the preparation of the assignment. Where this
expectation has not been satisfied separate marks may be allocated.

Selected students may be invited to discuss their assignment with the person responsible for
marking it. This discussion will only be taken into account in marking assignments where it
provides evidence that the integrity of students’ work has been compromised. This may, for
example, be evidenced by students being unable to explain the meaning of their assignment,
being unable to explain why certain information has been included and so on.

7. Plagiarism

Plagiarism is the presentation of the expressed thought or work of another person as though it
is one's own without properly acknowledging that person.

8 / 23
Students must not allow other students to copy their work and must take care to safeguard
against this happening. In cases of copying, normally all students involved will be penalised
equally; an exception will be if the student can demonstrate the work is their own and they took
reasonable care to safeguard against copying.

Plagiarism is a serious offence. Please refer to the following documents:

· Statute 6.1: Student Discipline

· Regulation 6.1: Student Discipline

· Regulation 6.1.1: Plagiarism

Appendix: Presentation check-list

As indicated above, the assignment for BUACC1508 is to be presented in accordance with the
University’s General Guide to Writing and Study Skillsand General Guide to Referencing.
To assist students in achieving the required standard the following check-list is provided.

It is highly recommended that students read through the following items before they commence
work on the assignment so that they have a general understanding of what is expected
concerning presentation. An assignment that complies with the guidelines highlighted in this
check-list would normally be expected to achieve the required presentation standard (see the
assessment criteria above).

Prior to submitting their assignments students should read carefully through the following
statements and tick the ‘Completed’ box for each item onlywhen they are satisfied that their
assignment meets the specified presentation standard.

Section references are to the University’s General Guide for the Presentation of Academic
Work(revised edition, 2014). All students should ensure that they have a copy of this document
before commencing work on the assignment.

9 / 23
 Completed

1. We have read the General Guide to Writing and Study Skills and General Guide to
Referencing and understand why the proper presentation of academic work is important.

2. We have read and understood the section dealing with plagiarism.

3. We have read the section concerning ‘Layout an appearance’ and complied with its
guidelines. Please note that ‘1.5’ or ‘double’ spacing is required for the written sections of this
assignment.

4. Our assignment has a title page that contains the information specified in the ‘Title page or
cover sheet’ section (and includes the BUACC1508 tutorial group of each student).

5. Our assignment has an abstract (or synopsis or summary) prepared in accordance with the
instructions contained in the ‘Reports’ section.

Note: As per p.36, the abstract follows immediately after the title page and ‘should summarise
or précis the content of the work’. Note that the abstract or synopsis should not simply be a
restatement of the topic, nor a table of contents in prose form.

10 / 23
 6. If our assignment contains a table of contents, it has been prepared in accordance with the
General Guide to Writing and Study Skills.

7. If our assignment contains appendices, they have been prepared in accordance with the
General Guide to Writing and Study Skills.

9. We have read the General Guide to Referencing and understand the importance of properly
acknowledging the use of other writers’ works. For this assignment the APA system is required
to be used.

10. We have read the General Guide to Referencing which deals with the APA citation style,
and used the APA system in our assignment.

Note: In an assignment of this nature the need to acknowledge sources by ‘author-date’

references may be limited. This is on account of the technical knowledge and skills required to
complete the assignment being taught as part of the course content. However, where students
quote or use ideas from a particular source (for example, a newspaper article or a textbook) this
should be acknowledged. Some judgement is needed in this matter. For example, if a current
ratio is calculated there is no need to acknowledge the source of the formula used since the
current ratio forms part of general accounting knowledge. However, if a particular author is
quoted, or a particular author’s ideas concerning, for example, an appropriate current ratio, are
used, then an acknowledgment using an ‘author-date’ reference (see examples in the General
Guide to Referencing) will be required. The proper acknowledgment of sources is very important
in academic work and it is worth investing some time in learning to do it correctly, as the benefit
will be enduring.

11. Our assignment contains a reference list prepared in accordance with the General Guide to
Referencing.

11 / 23
12. We have carefully proofread our assignment prior to submitting it. (Simply running the
assignment through a spell-checker, while helpful, is not a substitute for a careful proofreading).
When proofreading our assignment we endeavoured to identify and correct all spelling,
punctuation, grammatical and other similar errors.

13. We understand that the staff member(s) responsible for taking our tutorials is(are) available
to answer questions relating to the presentation of our assignment. If we were uncertain of how
to achieve the proper presentation standard we asked a staff member for advice.

Federation Business School BUACC1508 Accounting and Finance Assessment Task 2: Group
Assignment...

Federation Business School

BUACC1508 Accounting and Finance

Assessment Task 2: Group Assignment

1. General information

12 / 23
As per the Course Description, this assignment constitutes 30 per cent of the total assessment
in this course and is due week ten of semester on Sunday 29th Jan 2017 at 11.55pm in Turnitin.
Submission will be hard copy format via the assignment drop-box. Only one copy of the
assignment is to be submitted per group.

2. Purpose

Course BUACC1508 is concerned primarily with the use of accounting information. The main
purpose of this assignment is to provide students with the opportunity to apply the knowledge
and skills acquired during the semester to a practical task involving the use of ‘real-world’
accounting information. In particular this will enable you to gain insights into and information
about the business of Billabong Limited, a merchandiser of surfwear and other outdoor action
clothing, using the published financial statements of the company as your primary data source.
This is intended to consolidate students’ accounting knowledge and skills. Students are
required to complete the assignment in groups of three or four and this is intended to foster
the development of the co-operative work skills that will be of importance in most employment
contexts.

3. Assessment Details and Requirements

Students are to organise themselves into groups of three or four to complete the assignment
and do not have automatic entitlement to adopt some other arrangement (such as completing
the assignment individually or in a larger group). Students who have difficulty finding a partner
or who encounter other difficulties (for example, their partner withdraws from the course) should
consult the Course Coordinator. There is no requirement that your partner be from the same
tutorial group as yourself.

The basic requirement is to make a general analysis of the profitability, efficiency, liquidity,
gearing (leverage), and investment performance of Billabong Limited using the information
available in the company’s 2015 annual report available availableatBillaboing Annual Report
2015 and also available via Moodle.

Students are to use the ‘Consolidated’ data in conducting their analysis. Note that the 2015
annual report contains comparative data for the year 2014. The assignment will contain two
main elements:
13 / 23
Schedule(s) of relevant ratios and other useful calculations

The schedule(s) of relevant ratios and other useful calculations should be incorporated in one or
more appendices. Ratios and other calculations should be presented so as to facilitate
comparison between 2015 and 2014 data. Students are advised to show the calculations used
in determining particular ratios and other figures.

A written report

The written report should:

· Explain briefly what is revealed by the ratios and other calculations in the context of the
company’s profitability, efficiency, liquidity, gearing (leverage) and investment performance. In
particular, any important changes from 2014 to 2015 should be identified, discussed and, where
possible, explained.

· Provide an overall assessment of the company from the perspective of existing and potential
equity investors (shareholders).

The assignment is to comply with the University’s General Guide to Writing and Study Skills
and General Guide to Referencing

http://federation.edu.au/students/learning-and-study/online-help-with/study-skills-and-writing-
guides and the written report is not to exceed 2,500 words (excluding the Executive
Summaryand calculations which are to be incorporated in an appendix). Students are required
to use the ‘APA system’ for the acknowledgment of sources. In order to help ensure that
assignments meet required presentation standards, students are strongly advised to use the
‘Presentation check-list’ attached to these notes.

Students may, if they wish, seek and use additional information about the company from
sources other than the annual report (for example, from newspapers, business magazines etc.).
However, it is not envisaged that students will be engaged in extensive research of this nature
and it is expected that the annual report provided will be the primary resource relied upon in
completing the assignment. Students are expected to obtain relevant share price data for the
company so that investment ratios (such as a dividend yield ratio) can be calculated. (It is
recommended that students obtain the company’s share price as at 30 June 2014 and 30 June
2015 for the purpose of calculating relevant ratios on these dates. Share price data is available,
among other sources, from newspapers archived in the library or on the ASX website). Under
no circumstances are students to make direct personal contact with the company or its officers
14 / 23
(for example by telephone, fax, letter or email) in an attempt to gather further information.

4. SUGGESTED REPORT FORMAT AND APPROACH

SECTIONS IN REPORT:

Complete assignment in appropriate report format. Suggested report structure and headings:

I. TITLE PAGE

Your title or cover page needs to convey the main information about your assignment. It must
look professional and include:

?The Course Code and Name:

?The title of the assessment task:

?Name of the Course-Coordinator and of your tutor

?Trimester, year and date of submission

II. TABLE OF CONTENTS

The Table of Contents (TOC) provides the outline of your report to the marker/reader. It is the
first indication that you have addressed key issues and carefully planned you work. Your TOC
should look well laid out as if it is the TOC in a book. Use numbering for major and minor
headings where appropriate and include page numbers. You can use an extra page to detail
illustrations or tables if it is appropriate.

III. EXECUTIVE SUMMARY

The Executive Summary should give an overview of your report to a busy executive who does
not have time to read it in full. It should:

§ conveythepurposeofthereport,

15 / 23
§ giveasummary ofkeythemes,ideasorfindings (sub-headingsmaybeused),

§ provideabridgedrecommendations.

The Executive Summary should not exceed 150 words. The words in the Executive Summary
are not included as part of the final word count.

IV. BACKGROUND: COMPANY OVERVIEW

V. ANALYSIS

The main body of the report should include a discussion ofwhat is revealed by the ratios and
other calculations in the context of the company’s profitability, efficiency, liquidity, gearing
(leverage) and investment performance. In particular, any important changes from 2014 to 2015
should be identified, discussed and, where possible, explained. The main areas of analysis are:

· Profitability

· Efficiency

· Liquidity

· Gearing (Leverage)

· Investment Ratios

VI. CONCLUSIONS AND FINDINGS

The Conclusion is your evaluation or summary of the major points and key findings as
discussed in the Body of the report. The Conclusion should always be concise and must not
contain any new information. It should not require a substantial number of words to draw
information together and summarise what you have found.

VII.RECOMMENDATIONS

Your recommendations are the culmination of all your work and should deliver a well-rounded
and thoughtful ending to your research. The material in the body of your report provides the
basis for your considerations. The conclusion provides a summary of your deliberation over your
16 / 23
findings. The recommendations provide the reader with your considered opinions of what would
be the best decision(s) to make, or course(s) of action to follow, based on your research and
critical analysis.

For this assignment your recommendations should be directed towards both the internal
management/directors of the company and also existing and potential external equity investors.

VIII. APPENDIXES

The appendix must contain a one page summary in table format of the results of your ratio
calculations. This summary of your ratio results should be followed by the actual ratio
calculations and workings. Footnotes should also be used in your appendix to justify any values
you have used in your calculations where there is some uncertainty if you have selected the
correct figure (value) from the annual report to be used in the formulas.

IX. REFERENCES

This must contain full details all sources referred to or cited in the report, using the Federation
University author-date (APA) style.

ANALYSIS APPROACH

In particular, any important changes from 2014 to 2015 should be identified, discussed and,
where possible, explained. This may include amongst other aspects discussion and analysis of:

· Key results/trends from the ratio calculations

· Implications of your findings on the various

· Possible reasons and explanations behind the company’s fianacial performance and results

· Strategic implications for the company

· Strategies to improve the companies financial performance and results and also improve
investor (shareholder/member) confidence

17 / 23
5. Presentation AND REFERENCING

PRESENTATION

The ‘Presentation check-list’ (see attached appendix) indicates the requirements and expected
standards concerning presentation. An assignment that complies with the guidelines highlighted
in this check-list would normally be expected to achieve the required presentation standard (see
assessment criteria below). If further guidance is required, students should in the first instance
refer to the General Guide to Writing and Study Skills and General Guide to Referencing

publications, available from the University bookshop at Mt Helen campus or online at:http://feder
ation.edu.au/students/learning-and-study/online-help-with/study-skills-and-writing-guides

REFERENCING

The link to the library website for more information is: FedUni Library - Referencing

If additional clarification is necessary, students should discuss the matter with the staff member
responsible for conducting their tutorial.

6. Assessment criteria

In assessing submitted assignments consideration will be given to:

· Overall neatness, completeness and quality of presentation.

Degree level students are expected to achieve a satisfactory standard with respect to this
criterion as a matter of course and for this reason no credit will be granted for achieving it.
However, assignments that fail to achieve the minimum standard in connection with this criterion
will be penalised. The expected standard concerning this criterion is contained in the attached
‘Presentation check-list’.

18 / 23
· Timeliness of submission.

Degree level students are expected to be able to meet reasonable deadlines for the submission
of assessable work as a matter of course. For this reason no credit will be given for submitting
the assignment by the due date. Assessment tasks submitted after the due date, without prior
approval/arrangement, will be penalised at 10% of the available marks per day. Requests for
extension of time must be made with the lecturer concerned and based on Special
Consideration guidelines

https://federation.edu.au/current-students/essential-info/administration/special-consideration

· Demonstrated skill in identifying and calculating relevant ratios and other indicators of
profitability, efficiency, liquidity, gearing (leverage), and investment performance.

This criterion relates specifically to the requirement to prepare a schedule (or schedules) of
relevant ratios and other calculations and carries a weighting of 12 marks out of the 30 available
for the assignment.

· Demonstrated understanding of financial reports and ratios and other indicators of

profitability, efficiency, liquidity, gearing (leverage), and investment performance.

This criterion relates specifically to the requirement to submit a written report and carries a
weighting of 18 marks out of the 30 available for the whole assignment. Written reports in
excess of 2,000 words will be penalised.

A single copy (only) of the assignment should be submitted, for which the students who
prepared it will usually receive the same mark. This is based on the expectation that each
student will have contributed equally to the preparation of the assignment. Where this
expectation has not been satisfied separate marks may be allocated.

Selected students may be invited to discuss their assignment with the person responsible for
marking it. This discussion will only be taken into account in marking assignments where it
provides evidence that the integrity of students’ work has been compromised. This may, for
example, be evidenced by students being unable to explain the meaning of their assignment,
being unable to explain why certain information has been included and so on.

19 / 23
7. Plagiarism

Plagiarism is the presentation of the expressed thought or work of another person as though it
is one's own without properly acknowledging that person.

Students must not allow other students to copy their work and must take care to safeguard
against this happening. In cases of copying, normally all students involved will be penalised
equally; an exception will be if the student can demonstrate the work is their own and they took
reasonable care to safeguard against copying.

Plagiarism is a serious offence. Please refer to the following documents:

· Statute 6.1: Student Discipline

· Regulation 6.1: Student Discipline

· Regulation 6.1.1: Plagiarism

Appendix: Presentation check-list

As indicated above, the assignment for BUACC1508 is to be presented in accordance with the
University’s General Guide to Writing and Study Skillsand General Guide to Referencing.
To assist students in achieving the required standard the following check-list is provided.

It is highly recommended that students read through the following items before they commence
work on the assignment so that they have a general understanding of what is expected
concerning presentation. An assignment that complies with the guidelines highlighted in this
check-list would normally be expected to achieve the required presentation standard (see the
assessment criteria above).

Prior to submitting their assignments students should read carefully through the following
20 / 23
statements and tick the ‘Completed’ box for each item onlywhen they are satisfied that their
assignment meets the specified presentation standard.

Section references are to the University’s General Guide for the Presentation of Academic
Work(revised edition, 2014). All students should ensure that they have a copy of this document
before commencing work on the assignment.

Completed

1. We have read the General Guide to Writing and Study Skills and General Guide to
Referencing and understand why the proper presentation of academic work is important.

2. We have read and understood the section dealing with plagiarism.

3. We have read the section concerning ‘Layout an appearance’ and complied with its
guidelines. Please note that ‘1.5’ or ‘double’ spacing is required for the written sections of this
assignment.

4. Our assignment has a title page that contains the information specified in the ‘Title page or
cover sheet’ section (and includes the BUACC1508 tutorial group of each student).

21 / 23
 5. Our assignment has an abstract (or synopsis or summary) prepared in accordance with the
instructions contained in the ‘Reports’ section.

Note: As per p.36, the abstract follows immediately after the title page and ‘should summarise
or précis the content of the work’. Note that the abstract or synopsis should not simply be a
restatement of the topic, nor a table of contents in prose form.

6. If our assignment contains a table of contents, it has been prepared in accordance with the
General Guide to Writing and Study Skills.

7. If our assignment contains appendices, they have been prepared in accordance with the
General Guide to Writing and Study Skills.

9. We have read the General Guide to Referencing and understand the importance of properly
acknowledging the use of other writers’ works. For this assignment the APA system is required
to be used.

10. We have read the General Guide to Referencing which deals with the APA citation style,
and used the APA system in our assignment.

Note: In an assignment of this nature the need to acknowledge sources by ‘author-date’

references may be limited. This is on account of the technical knowledge and skills required to
complete the assignment being taught as part of the course content. However, where students
quote or use ideas from a particular source (for example, a newspaper article or a textbook) this
should be acknowledged. Some judgement is needed in this matter. For example, if a current
ratio is calculated there is no need to acknowledge the source of the formula used since the
current ratio forms part of general accounting knowledge. However, if a particular author is
quoted, or a particular author’s ideas concerning, for example, an appropriate current ratio, are
used, then an acknowledgment using an ‘author-date’ reference (see examples in the General
Guide to Referencing) will be required. The proper acknowledgment of sources is very important
in academic work and it is worth investing some time in learning to do it correctly, as the benefit
22 / 23
 will be enduring.

11. Our assignment contains a reference list prepared in accordance with the General Guide to
Referencing.

12. We have carefully proofread our assignment prior to submitting it. (Simply running the
assignment through a spell-checker, while helpful, is not a substitute for a careful proofreading).
When proofreading our assignment we endeavoured to identify and correct all spelling,
punctuation, grammatical and other similar errors.

13. We understand that the staff member(s) responsible for taking our tutorials is(are) available
to answer questions relating to the presentation of our assignment. If we were uncertain of how
to achieve the proper presentation standard we asked a staff member for advice.

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buacc1508-accounting-and-finance-assessment-task-2-group-assignment

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