Assignment 2: Report and presentation

Teaching Period 3, 2019
200974: Accounting Standards and Governance
Assignment 2: Report and presentation
Word/time limit: 2000 (+/- 10%) and 20 minutes
Weighting: 20% (report and presentation submissions are weighted at 10% each)
Due date: 5pm AEDT Monday 18 November 2019 (Week 9)
After you have read this information, head over to the Assignment 2 Q&A discussion board to ask any
questions and see what your peers are saying about this assignment.
Assignment overview
This assignment is a mandatory submission, which means that in order to pass this unit of
study, you must submit this assignment.
This assignment is based on the AASB 16 Leases. You will work as a team of 4–6 to develop a report
based on questions relating to AASB 16. Your team will then prepare a presentation to present your
findings.
This assignment supports unit learning outcomes 1, 2, 4, 5 and 6.
Assignment details
This assignment is based on the AASB 16 Leases. This Standard is applicable to annual reporting
periods beginning on or after 1 January 2019 (see paragraph C1). Earlier application is permitted for
entities that
apply AASB 15 revenue from contracts with customers at or before the date of initial application of this
Standard. Download a copy of AASB 16 Leases (PDF 1.6 MB) (Australian Accounting Standards
Board 2016). Make sure that you read through Background information on AASB 16.
In your team, use the following steps to help you get started and meet the assignment requirements:
The report
Step 1: Team allocation
You will need to ensure that you have been allocated to a team. Your OLA will allocate you to a
team of 4–6 members by Week 2.
Step 2: Appoint a team leader
Once you have been allocated into a team, your team will need to nominate a team leader. The
leader will be responsible for the following tasks (other tasks can be added or modified, as agreed
by the team members):
Maintain weekly team meetings.
Ensure online meetings are held at least once a week.
You may use your dedicated team discussion board, as well as any other online
collaboration tools/channel of your choice.
Dates/times/channels of meetings must be communicated to every team member.
Encourage all members to participate, cooperate and contribute.
Ensure each member’s contribution is complete.
Manage, mediate and resolve team issues when they arise.
Use the Meeting minutes (DOCX 136 KB) to keep track of your meetings. These will
need to be added as an appendix to your report.
Note: The team leader must immediately contact the OLA when team issues arise.
Team charter
To ensure that your team works together in a fair and collaborative way, work together to complete
the Team charter (DOCX 58 KB). The team charter will form your team’s agreed set of values
and expectations and hold each team member accountable.
Step 3: Scenario
Your team will assume the role of business advisors/analysts at a company called EY. You will
need to read and understand the following scenario and the AASB standard that will be guiding
you in this assignment.
AASB 16 was released in February 2016 and is applicable to annual reporting periods beginning
on or after
1 January 2019.
Assume that the Chief Executive Officer (CEO) of an investment company from China has
approached you at EY seeking advice on the effects of AASB16 on Bluescope Steel Limited and
Boral Limited financial statements for the period 2018 if these firms adopt the new leasing
standard early. You are to assume that all aspects of the financial statement will be same as 2017
except the effect of the AASB 16.
EY is the auditor for Bluescope Steel Limited for the financial year 2018. Your team is required to
take the role of Business Advisor/Analyst for the purpose of providing a detailed report based on
the following specific questions relating to AASB 16 that the investing company is seeking a report
for.
Important: Download a copy of AASB 16 Leases (PDF 1.6 MB) (Australian Accounting
Standards Board 2016) and make sure that you read through the background information on
AASB 16. You will be unable to meet the requirements of this assignment without doing so.
Step 4: Report
As a team of advisors/analysts at EY, write a report addressing the following questions that the
CEO of the investment company has asked for advice about from your firm:
1. Why has the leasing standard been changed? What will change? What does it mean for
Bluescope Steel and Boral? And how will AASB 16 benefit and/or disadvantage Bluescope
Steel and Boral?
2. What effect does AASB 16 have on Bluescope Steel and Boral’s income statement, balance
sheet and cash flow statement? What does it mean for users of Bluescope Steel and Boral’s
financial statements?
Note: Compare and discuss relevant ratios where applicable. Use 2017 and 2018 Annual Reports
for both Bluescope Steel and Boral for comparison. Attach as Appendix 1 an extract from the
financial statements that you have used. Compare and discuss ratios in the body of your
discussion and attach your ratio calculations including any formula for both companies in Appendix
2.
3. How have these two companies reported their environmental and social aspects such as
energy use and efficiency, carbon emissions, etc.? Is there any regulatory requirement for such
reporting? If so, summarise the requirements and discuss what they have reported. If there is
no regulatory requirement, is there any evidence that these companies have
reported/disclosed any environments and social information? If so, summarise how and what is
reported/disclosed.
4. Evaluate whether, overall, AASB 16 would result in reporting that would be more useful to
users of these companies’ financial statements.
5. Summarise your discussion for the Chief Executive Officer (CEO) of the investment company
who is from a non-accounting background.
6. Prepare your team’s presentation slides for the Chief Executive Officer (CEO) and attach them
as appendices to your report.
Note: Make sure your team considers the relevant specific technical and theoretical issues
relating to AASB 16 for your stakeholder’s perspective. You are also required to consider the
theoretical implication of accounting information produced from the perspective of your
stakeholder.
Key points to keep in mind
These points are some key ‘take-aways’ that your team should keep in mind while working on this
assignment.
Your submission should begin with an introduction that outlines key arguments and defines key
terms. Make it clear in the first paragraph how you are planning to address the question.
Use the questions that you are commenting on as your headings within your report.
Each paragraph should contain a topic sentence (what summarises the main idea in this
paragraph) and be followed by supporting sentences (and citations), which expand and provide
more detail on the idea raised. A common mistake is to write topic sentence after topic
sentence. This reads like the author is jumping from one idea to the next and will often attract
feedback such as ‘no depth’ or ‘confusing’. The supporting sentences are crucial to examine
the initial idea in more detail and demonstrate an argument along with understanding. Ensure
you examine each idea fully before moving on.
The most common criticism faced by students is not answering the question. Discussion
around a topic is not answering the question. It is often a helpful technique to use the question
as part of your submission structure. You are the bouncer at the door of your own submission:
choose which ideas get in. Choose the ideas that directly address the question.
Remember that the marker can only mark what you actually say on paper, not what is in your
head or what you ‘meant to say’. For this reason, it is essential to review your own work in
order to reveal flaws in structure or writing.
Ensure you use accurate spelling and grammar. It is often best to state things simply and
clearly rather than using complicated language in the wrong context.
Conclusions should never introduce new ideas, but instead should summarise the arguments
and leave the reader with a resounding ‘take-home message’, and a clear answer to the
question you set out to answer.
Attach as Appendix 1 extracts of the financial statements used in your report (not included in
word count).
Attach as Appendix 2 your ratio calculations including any formulae used (not included in word
count).
Attach minutes of your team’s meetings as Appendix 3 (not included in word count).
Attach your team’s presentation slides as Appendix 4 of your report (not included in word
count).
Note: The reference list is not included in the word count.
The presentation
Step 5: Presentation
Your team will now need to summarise your findings in an engaging and professional manner. You
should ensure that you understand what your message is and that you can express your
understanding in a clear, concise manner.
Your team will develop a presentation, either an annotated PowerPoint (or similar) or video
presentation outlining your findings.
Note: While each team member needs to contribute equally to the presentation, you do not all
need to present. Refer to your completed Team charter for agreed individual team responsibilities.
Step 6: Uploading your presentation
Your team will need to film or develop your presentation, and upload this to a video sharing site
such as YouTube. While you may not have access to professional filming and recording
equipment, take some time to ensure that your presentation is at a suitable standard. The
following resources may assist you in this:
How to shoot good iPhone video (https://www.youtube.com/watch?v=edzWTw0Yp_U)
(iPhoneographers 2012).
The best ways to edit iPhone video (https://www.youtube.com/watch?v=zjO6sWlMpM8)
(iPhoneographers 2012).
For assistance in uploading videos, refer to the uploading to YouTube (PDF 950 KB) guide.
Step 7: Evaluating your team’s input
To be rewarded for fair and equal work for Assignment 2, you and each member of your team will
need to individually complete a Peer evaluation and submission document (DOCX 118 KB) .
You will submit this document as an appendix to your report.
Step 8: Submitting your report and presentation
Each team member is required to:
submit a copy of your team’s final report
submit as an appendix to your team’s final report your team’s completed Team charter
complete the Peer evaluation and submission document and include this as an appendix to
your team’s final report
include, in an appendix to your report, a link to your presentation.
Step 9: Viewing your peers’ presentations, posing questions and forming answers
supported with evidence
You will be assessed on your responses to criticisms and/or questions surrounding your
presentation and the authority and confidence with which you presented and responded to these.
In Week 10, your OLA will post all the links from all teams’ presentations. You will have the
opportunity to view these presentations. You will choose one presentation and pose one question
to this team surrounding the nature of their findings.
Your team must then answer all questions received using your eText, a Standard, or a peerreviewed journal article (referenced) to provide a full and complete answer backed up by fact and
evidence.
Remember: You and each of your team members is fully responsible for the depth of research,
preparation, collation and submission of the report, presentation, posing questions and forming
answers supported with evidence, hence each team member must actively participate. For
example, if one or more of your team members presented, then it would only be fair for you to
volunteer to answer the questions your team receives—of course, in consultation with your team.
Assignment tip
View the marking guide under ‘Assignment criteria’ to see a detailed breakdown of how your work will
be assessed. This is an excellent place to start your preparations for this assignment.
Refer back to the marking guide frequently to make sure you are meeting the requirements.
Supporting resources
Background information on AASB 16.
AASB 16 Leases (PDF 1.6 MB) (Australian Accounting Standards Board 2016).
Team charter (DOCX 58 KB).
In-text citation using the Harvard WesternSydU style (https://www.youtube.com/watch?v=KXw8gwMTbQ) (Western Sydney U Lib 2017).
Uploading to YouTube (PDF 950 KB).
How to shoot good iPhone video (https://www.youtube.com/watch?v=edzWTw0Yp_U)
(iPhoneographers 2012).
The best ways to edit iPhone video (https://www.youtube.com/watch?v=zjO6sWlMpM8)
(iPhoneographers 2012).
In-text citation using the Harvard WesternSydU style (https://www.youtube.com/watch?v=KXw8gwMTbQ) (Western Sydney U Lib 2017).
Submission details overview
This assignment will be submitted through Turnitin. You will find the relevant submission point below.
Please allow a 24-hour turnaround for an originality report to be generated.
Assignment support
Don’t forget that in addition to your OLAs who provide discipline-specific content advice, you can
access the 24/7 draft writing service from Studiosity.
If you need assistance with academic feedback on a draft of your assignment, see Assignment
support: Studiosity.
Assignment criteria
The report
1. Identifies and uses relevant information to support conclusions reached.
2. Presents a well-structured argument within the word limit and conclusions are convincing.
3. Addresses the requirements of the assignment questions.
4. References and paraphrases correctly.
5. Uses clear prose style: sentence structure, grammar, spelling etc.
Your work will be assessed using the following marking guide. The report will be marked out of 50
and your score will be converted to a 10% weighting.
Assignment 2 marking guide: Report

Criteria Standards
Identifies
and uses
relevant
information
to support
conclusions
reached
Did not
meet
criterion.
Only uses the
textbook and
internet
sources.
Uses a limited
range of texts,
internet
sources,
professional
and academic
journals.
Uses a
comprehensive
range of texts,
internet
sources,
professional
and academic
journals.
Uses an
extensive
range of texts,
internet
sources,
professional
and academic
journals.
0 1 1.5
2
3 3.5
4
4.2 4.5
5
Presents a
well
structured
argument
within the
word limit
and
conclusions
are
convincing
Did not
meet
criterion.
The
assignment is
poorly
structured
and/or
unconvincing
and/or
outside the
word limit.
The assignment
could be better
structured
and/or the
conclusions
reached are not
persuasive
and/or outside
the word limit.
Acceptable
structure. The
conclusions
reached are
convincing.
Length is
within the set
limits.
Well
structured.
Conclusions
are argued in a
very
persuasive
manner.
Length is
within the set
limits.
Criteria Standards
2 3 4
5
6 7
8
9 9.5
10
Addresses
the
requirements
of the
assignment
questions
Did not
meet
criterion.
Dumps
information.
Shows no
evidence of
critical
consideration
of
information.
Shows some
evidence of
critical
consideration of
relevant
information, but
may be poorly
integrated.
Shows some
evidence of
critical
consideration
of relevant
information,
but may
require better
organisation.
Critically
chooses
information
and clearly
integrates it to
support the
conclusions
reached.
5 6 8
10
11 13
15
16 18
20
References
and
paraphrases
correctly
Did not
meet
criterion.
In–text
citation
and/or
paraphrasing
and/or
reference list
missing or
substantially
incomplete.
In–text citation
and/or
paraphrasing
and/or
reference list
have a number
of errors.
Satisfactory
in–text citation,
paraphrasing
and reference
list, possibly
with minor
errors.
Excellent in–
text citation,
paraphrasing
and reference
list.
0 1 1.5
2
3 3.5
4
4.2 4.5
5
Uses clear
prose style:
Sentence
structure,
grammar,
spelling etc.
Did not
meet
criterion.
Writing style
is poor and
difficult to
follow and/or
marred by
many
grammatical
and/or
spelling
errors.
Writing style
requires
improvement
but is largely
coherent. There
are grammatical
and/or spelling
errors.
Writing style is
coherent, with
possibly a few
grammatical
and/or spelling
errors.
Writing is clear
and error–free,
demonstrating
superior
written
communication
skills.
2 3 4
5
6 7
8
9 9.5
10

The presentation
1. Practical.
2. Communication.
3. Content: Introduction.
4. Content: Presentation.
5. Content: Conclusion.
Your work will be assessed using the following marking guide:
Assignment 2 marking guide: Presentation

Criteria Standards
Achieved In Progress Not
Achieved
Practical Audio visual material
well prepared and
appropriately used.
Presented within time
allowed.
1 0.5 0
Communication The audience was
engaged and
involved.
1 0.5 0
Punctuation in the
audio/visual material
was correct.
1 0.5 0
Responses to
criticisms/questions
were authoritative
and confidently
presented.
1 0.5 0
Content:
Introduction
The introduction
acknowledged the
team and the
approach taken for
the presentation. The
topic, key concepts
and terms are clearly
explained.
1 0.5 0
Content:
Presentation
The points/steps in
the presentation are
ordered appropriately
and always relate to
the topic and are
appropriately cited in
the presentation.
3 1.5 0
Criteria Standards
Achieved In Progress Not
Achieved
Examples and
anecdotal material
used to demonstrate
meaning of points
raised.
1 0.5 0
Content:
Conclusion
Presentation is
accurately
summarised and
conclusions follow
logically from the
presented material.
1 0.5 0

References
AASB Standard 16 2016 (Australian Accounting Standards Board), viewed 18 June 2018, viewed
7 June 2019, <https://www.aasb.gov.au/admin/file/content105/c9/AASB16_02-16.pdf>.
AASB Standard 16 2016 (Australian Accounting Standards Board), viewed 18 June 2018, viewed
7 June 2019, <https://www.aasb.gov.au/admin/file/content105/c9/AASB16_02-16.pdf>.
iPhoneographers 2012, How to get cinematic footage on an iPhone, 3 December, online video,
viewed 7 June 2019, <https://www.youtube.com/watch?v=1SLGQsL9MC8>.
iPhoneographers 2012, How to shoot a good iPhone video, 22 February, online video, viewed 7
June 2019, <https://www.youtube.com/watch?v=edzWTw0Yp_U>.
Western Sydney U Lib 2017, In-text citation using the Harvard WesternSydU Style, 3 August,
online video, viewed 7 June 2019, <https://www.youtube.com/watch?v=KX-w8gwMTbQ>.
Request for assignment extension
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please select the option that you feel is most appropriate for your situation.
Please note: the request must be received prior to the submission date and time of the
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work has been copied or paraphrased from any other source except where this has been
clearly acknowledged in the body of the assignment and included in the reference list
I have retained a copy of this assignment in the event of it becoming lost or damaged.
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I accept that use of my Western Sydney University Online account to electronically submit this
assignment constitutes my agreement to the Western Sydney University Online Assessment
Declaration.
If I do not agree to the Western Sydney University Online Assessment Declaration in this
context, the outcome of my assignment may not be valid for assessment purposes and may
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multiple assignments without permission from the Unit Coordinator.
Prior to submitting your assignment please refer to the Academic integrity checklist
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