Arab Open University

B291: TMA
SUMMER 2023

About TMA:
The TMA covers the financial accounting concepts and practices in businesses. It is rated
out of 100. It is intended to assess students’ understanding of some of the learning points within
Books 1 to 5. This TMA requires you to apply the course concepts.

The TMA is intended to:

 Increase the students’ knowledge about the reality of accounting as a profession.
 Assess students’ understanding of key learning points within Books 1 to 5.
 Develop the ability to understand and interact with the nature of the financial statements in
reality.
 Develop students’ communication skills, such as memo writing, essay writing, analysis and
presentation of material.
 Develop basic ICT skills such as using the internet.

The TMA:
The TMA requires you to:
1- Review various study Books (from 1 to 5) of ‘Financial Accounting’ within it.
2- Conduct a simple information search using the internet.
3- Present your findings within 1,200 - 1400 words. The word count excludes headings,
references, title pages, and diagrams.
4- You should use Microsoft Office Word and Times New Roman Font of 12 Font.
5- You should read and follow the instructions below carefully. Each part of the process will
carry marks for the assignment.
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Case Study: Ooredoo

Access the Ooredoo home page and download the annual report of Ooredoo 2022 or You
can directly access the annual report on the below link:

Ooredoo - Corporate Governance

Instructions
Use the 2022 Annual report of Ooredoo Company to answer the following questions:

1- The process of determining the monetary amount at which the elements of the financial
statements are to be included in the balance sheet and income statement is called
measurement. The IASB Framework includes four bases of measurement. Explain these
four bases of measurement with examples. Identify which measurement bases are used by
Ooredoo in preparing their financial statements.
[Marks (Words): 25(300)]

2- IAS 16 Property, plant, and equipment identifies and describes two different models of
accounting for tangible non-current assets. Discuss the importance of these two models for
Ooredoo and describe the depreciation methods used by Ooredoo.
[Marks (Words): 25(300)]

3- The sources of company finances may be various and complicated. Equity capital is the
main source of company finances, list and explain the different types of share capital,
explain. Also, identify the different forms of share capital from the annual report of
Ooredoo 2022.

[Marks (Words): 25(300)]

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4- Write the summary on the financial position of Ooredoo company. Your summary should
include the main financial data of the company.
[Marks (Words): 25(300)]

In your answer, you should explain each point or inquire separately. Use the following headings
(below) to make up the different sections of your work:

Cover The PT3 form (available on LMS)

Contents Title and contents page
References Recorded according to the Harvard style - Available on LMS

Good Luck