contemporary accounting theory

ACCT 20074 Contemporary Accounting Theory

Term 1, 2019 - MPA

Assessment 2: Group Task for 30 marks (30% of the unit)

Research topic:

Corporate crises/failures in every era lead to improved accounting regulations/standards for financial reporting in the subsequent periods. However, it is argued that accounting standard setting has always been a complex political process.

Major requirements:

i. Undertake a review of literature to develop and present your arguments, with examples, explaining how corporate crises/failures in every era lead to improved accounting regulations/standards for financial reporting in the subsequent periods.

ii. Critically evaluate, with appropriate examples, how accounting standard setting in the past came through a complex political process in global context.

This assignment will be marked on the basis of your examples, arguments/critical evaluation of the required phenomena, appropriate references as per APA referencing guide and presentation skill with appropriate grammar.

This is a group task. Each group should consist of 2 to 4 students who are required to contribute equally and demonstrate their communications through emails and discussions in other ways (e.g., communications in moodle/photographs of two meetings). The assignment needs to be submitted in the report format. The due date for submission is Week 8 Friday, 10 May 2019, 11:45 pm AEST.

The format, marking criteria and guidelines

Structure	Specific format	Marks	Guidelines
1.	Introduction and executive summary (200 words)	2	State the purpose of the report, research plan (how you progressed) and gist of findings.
2.	Explanation of how corporate crises/failures in every era lead to improved accounting regulations/ standards for financial reporting in the subsequent periods (1,200 words)	8	Develop your arguments giving examples of at least two eras of corporate crises/failures and post-crisis (failure) developments in accounting regulations/standards. Refer to 4 journal articles in addition to those uploaded in the Moodle site.
3.	Critical evaluation of the political process of accounting standard setting (1,200 words)	10	Develop a critical evaluation of the lobbies/influences in the accounting standard setting process. Give examples in US/Australian/global context. Refer to 4 journal articles (not used for req i) in addition to those uploaded in the Moodle site.
4.	Conclusion (100 words)	2	State, in brief, what you learned from this assignment
5.	References in appropriate style (300 words)	2	Provide a list of references used in the text. Use APA referencing guide.
6.	Quality of presentation, articulation and written English	3	Appropriate grammar/punctuation
7.	Evidence of contribution to the team	3	Attach emails, discussions, group photographs. Distance students do not need to add photographs.

Additional guidelines:

1. Assignment report must follow the structure (sections 1 to 5 and 7 in chronological order).

2. Each assignment must have a cover letter listing the names and student ids of the group members.

3. The cover letter must state who is submitting the assignment on behalf of the group. Other members of the group must submit the cover letter only (to avoid duplication).

Step 1: Add your cover letter as per the format provided below

Cover Letter

ACCT20074 Contemporary Accounting Theory

Term 1, 2019

Assessment 2 (Group Assignment)

Group members

Student id	Name	Signature
Who will upload the assignment

The cover letter must state who is submitting the assignment on behalf of the group. Other members of the group must submit the cover letter only (to avoid duplication).

Date:

Step 2: With the cover letter, add your assignment report in the format as prescribed on page 1

Preparer: Kazi Islam, Accounting Discipline, CQU-ACCT 20074 Unit Coordinator