BFA605 Semester 1, 2023

Assessment Item – Case Study (Assessment 1) Due 11:59pm Sunday 19 March

Peer Review (Assessment 2) Due 11:59pm Sunday 16 April

Human capital is regarded as the most important asset of a company. Prior literature shows that
human capital has become a significant factor in determining the success of an organization and
superior human capital is associated with better firm performance (Crook et al., 2011). However, they
are rarely recorded as an asset on the balance sheet. You as an accountant, based on your
interpretation of the Accounting Standards and Conceptual Framework and research papers, discuss
“should human capital be included in the financial balance sheet as an asset?”

Some research papers have been provided that may be helpful. You may use these references in your
submission if you choose, but are also encouraged to research more broadly and find your own
references.

Required:

1. Prepare a discussion and address the following question: should human capital be included
in the financial balance sheet as an asset? In your response, you should address both sides of
the argument (with appropriate references), before coming to your own conclusion. Please
write the discussion in a professional manner and you may use accounting terminology.
Note: please paraphrase your arguments, do not directly copy the arguments from research
papers or online materials (which may lead to plagiarism and a breach of academic integrity).
2. Your discussion should be referenced appropriately. References should be provided both in-
text and as a post-script to your discussion.
3. Your discussion must not exceed 1,500 words (including references).

You will then be required to provide feedback to two or three of your peers, based on the rubric
provided. You will be assessed on both your original submission and the quality of your feedback,
which will be evaluated by the teaching staff.

Submitting instructions of Assessment 1 – Case study:

1) In this assessment, we will use a software called PeerMark (which is located under the Assessment
item folder). Please first submit your discussion to PeerMark, which is Under Content <- Assessment
<- Peer Submissions & Reviews <- Peer Review (submitting to PeerMark is for peer review).
2) Please then submit your discussion to the assessment dropbox, which is located under Assessments
<-Assignments <- Assignment 1: Case study (you will need to submit the SAME discussion assignment
twice on MyLO, submitting to assessment dropbox is to give feedback).
3) Just a reminder that due to the peer review process, there must be nothing in your assignment that
can identify you. Please do not include your name and student number anywhere in the document
(including the file name).

4) Please note that because of the peer allocation process there will be no extensions for this
assignment. Please do not attach a cover page!
 BFA605 Semester 1, 2021
Assessment 3 – Video - Due 11:59pm Sunday 7 May
In this section, you will need to prepare a pre-recorded video interview, with a maximum of five
minutes, to answer the following questions:
“In your opinion, should human capital be included in the financial balance sheet as an asset? And are
there any perspectives that contradict your view?”
“Has your perspective changed since the peer review? If so, how has the correspondence from your
peers influenced this change?”
“Based on the feedback you received from your peers, how would you improve your Case study
assignment if you were given a second chance on the assignment?”
Required:
You are required to submit a video recording of yourself, addressing the above questions. The
recording must be submitted via MyLO and must be no longer than five minutes in duration. The
questions don't need to be repeated verbatim in the recording. For example, you might like to present
your responses as a monologue or use your video-editing skills to incorporate the questions visually.
Please note that this is not a group assessment.
Further instructions and information:
This is a video interview, rather than a presentation. As such you should not use PowerPoint slides or
other similar presentation tools. The recording should be of sufficient quality for the assessors to
clearly hear your voice and see your facial expressions. This can be done through most e-devices
however if you feel that you lack access to the appropriate resources please advise your unit
coordinator (Dr. Jing Jia) so that she can assist you.
Here are a couple of additional resources that can help you with the preparation of your interview:
- This resource is specifically for job interviews, but most of the tips are relevant for this assignment:
https://www.performance.edu.au/videos choose the video with a title of “how to prepare for a Video
interview”
- This resource offers some helpful tips on how to ensure that the audio and visual of your video are
of good quality:
https://www.youtube.com/watch?v=rQwanxQmFnc

Submitting instructions for Assessment 3 - Video presentation:

You need to submit the following to the assessment dropbox under Assessments <- Assignments <-
Assignment 3: Video presentation:

1) video presentation (ideally, in mp4 format)