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ACCT90012-无代写-Assignment 20
时间：2024-05-15
ACCT90012
Assignment
TUTOR:奶茶
全球累计服务用户超十万
23
作业简介
作业内容解读
作业难点总结
1
作业简介
考试介绍
作业标题：Corporate Reporting Group Assignment 2024 Semester 1
DDL：2024/5/20
题目数量： Three questions (750 words+750 words + 500 words)
提交形式：Online
作业权重： 20%
作业内容解读
作业内容解读
Assignment 通读
作业内容解读
Assignment 要求梳理
Word limit：750 +750 +500 = 2000 words in total 尽量控制在2000字左右，上下不要超过200字。
太多太少都会扣分
以下格式是往年要求，具体以老师LMS为准
字号：Times New Roman，12
Reference：at least 2 data sources, this must include the Company Annual Report and a Business
Studies textbook.
Reference style: APA 6th
但是reference一定要有，在作业里一定避免不了引用AASB准则
作业考点1
金融资产Financial asset后续计量：
Impairment of Financial assets
计量方法 减值的会计处理
Amortised cost以摊余成本计量 Dr Impairment loss
Cr Loss allowance (资产的备抵科目）
Fair value through OCI Dr Impairment loss
Cr Loss allowance (OCI）
作业考点1
金融资产Financial asset后续计量：
Impairment of Financial assets: Expected credit losses (ECL)三阶段模型
Stage 1 Stage 2 Stage 3
初始确认后信用风险未
显著增加
there’s no significant
deterioration in credit risk
自初始确认后信用风险
发生显著增加，但未发
生信用减值
Credit risk increases
significantly
在资产负债表日发生信
用减值
Credit risk increases
significantly and credit
impaired
损失准备ECL的确认 12个月内预期信用损失
12 month’s ECL
整个存续期内预期信用
损失
Lifttime ECL
整个存续期内预期信用
损失
Lifttime ECL
利息收入 按账面总额 按账面总额 按账面净额（账面总额 -
预期信用损失）
作业考点1
Financial Reporting (4th ed.), by Janice Loftus, et.al. (2022). Wiley Global
On 2 January 2024, Biz Banking Ltd purchases a debt instrument with a 5-year term for its fair value of $1000
million (including transaction costs). The instrument has a principal amount of $1250 million (the amount payable
on redemption) and carries fixed interest of 4.7% paid annually in arrears on 31 December. The annual cash
interest revenue is thus $59 million ($1250 million 0.047 rounded to nearest million). Using a financial calculator,
the effective interest rate is calculated as 10%.
The debt instrument is classified as subsequently measured at amortised cost. Biz Banking Ltd’s annual reporting
period end is 31 December. At 31 December 2024 Biz Banking Ltd assesses that the credit risk of the debt
instrument has not changed significantly since initial recognition and that 12 months’ expected credit loss is $1
million. There is no significant change in credit risk until 2026. During that year, the issuer of the debt instrument
faces financial difficulties. By 31 December 2026 it becomes likely that the issuer of the debt instrument will be
placed into receivership. The lifetime expected credit loss of the debt instrument is estimated to be $500 million
on 31 December 2026, calculated by discounting the expected future cash flows at 10%.
No cash flows are received during 2026. At the end of 2027, Biz Banking Ltd receives a letter stating that the issuer
will be able to meet all of its remaining obligations, including interest and repayment of principal.
Required
Prepare the entries of Biz Banking Ltd for all years from initial recognition to derecognition of the financial asset.
作业考点1
Financial Reporting (4th ed.), by Janice Loftus, et.al. (2022). Wiley Global
作业考点2
Financial Liabilities 金融负债定义：
1. A contractual obligation 是一项合同义务
a) To deliver cash or another financial asset to another entity 交付现金或者FA给其他实体
b) To exchange financial assets or financial liabilities with another entity under conditions that are potentially
unfavourable 在潜在不利条件下，与其他方交换金融资产或金融负债的合同义务 （签出看涨期权和看跌期
权）
2. A contract that will or may be settled in the entity’s own equity instruments and is: 以该实体自身的权益工具进
行清算
a) Non derivative for which the entity will or may be obliged to deliver a variable number of the entity’s own equity
instrument 非衍生品，交付可变数量的该实体权益工具
b) A derivative that will or may be settled other than by the exchange of a fixed number of cash or another financial
asset for a fixed number of the entity’s own equity instruments 衍生品清算
作业考点2
权益工具 Equity instrument 定义：
Any contract evidences a residual interest in the assets of an entity after deducitn all of its liabilities
权益工具是持有者对某实体扣除债务后的资产中拥有剩余索取权的合约（例如股票）
Must include no contractual obligation to deliver financial assets to another entity or exchange financial assets
or financial liabilities unfavourable to the issuer
不能包括向另一个entity交付金融资产或交换对发行人不利的金融资产或金融负债的合同义务
作业考点2
Compound Financial Instruments 复合金融工具
1. The entity presents the liability and quity components separately in its statement
负债和权益部分在资产负债表中分别列示
2. Euqity component = Issue proceeds - PV of the financial liability
Financial liability = PV of financial liability
作业考点2
Compound Financial Instruments 复合金融工具
Convertible notes
A convertible note refers to a short-term debt instrument (security) that can be converted into equity
(ownership portion in a company). Convertible notes are often used by seed investors who invest in startups.
They are structured as loans to convert it to an equity stake of the company in the future.
可转换债券是债券持有人可按照发行时约定的价格将债券转换成公司的普通股票的债券。如果债券持
有人不想转换，则可以继续持有债券，直到偿还期满时收取本金和利息，或者在流通市场出售变现。
债券性 - Financial liability component
股权性 - Equity component
作业考点2
Compound Financial Instruments 复合金融工具
以可转债为例 Convertible debt
A Ltd issues $200,000 $1 redeemable convertible notes. The notes pay interest at 6% p.a. Market interest
rates for similar notes WITHOUT a conversion option are 8% p.a. Each note converts at any time at the option
of the holder into 1 ordinary share.
After 5 years, each note is redeemable at the option of the holder for cash.
Financial Reporting (4th ed.), by Janice Loftus, et.al. (2022). Wiley Global
作业考点2
Compound Financial Instruments 复合金融工具
以可转债为例 Convertible debt
A Ltd issues $200,000 $1 redeemable convertible notes. The notes pay interest at 6% p.a. Market interest
rates for similar notes WITHOUT a conversion option are 8% p.a. Each note converts at any time at the option
of the holder into 1 ordinary share.
After 5 years, each note is redeemable at the option of the issuer for cash.
Financial Reporting (4th ed.), by Janice Loftus, et.al. (2022). Wiley Global
作业考点2
Compound Financial Instruments 复合金融工具
Barooga Ltd issues 2,000 $100 convertible notes on 1 July 2014 for a cash consideration of $200,000 with a 6-
year maturity.
• The notes pay interest at 3% p.a. in arrears on 30 June.
• At maturity, a note is convertible into 200 ordinary shares.
• At the date of issue, market rates for similar notes without the conversion option are at a coupon rate of 5%
p.a.
• Barooga Ltd uses amortised cost to subsequently measure the financial liability component of the
convertible notes.
Use the residual valuation method to determine the amounts of the financial liability and equity components
attributable to the issue of the convertible notes
Required
a) Prepare a schedule to determine the amortised cost
b) Prepare journal entries to account for the convertible notes (from issue date to the conversion date)
assuming the holders exercise their conversion option at the expiration of the contract term.
Financial Reporting (4th ed.), by Janice Loftus, et.al. (2022). Wiley Global
作业考点2
Compound Financial Instruments 复合金融工具
Financial Reporting (4th ed.), by Janice Loftus, et.al. (2022). Wiley Global
作业考点2
Compound Financial Instruments 复合金融工具
Financial Reporting (4th ed.), by Janice Loftus, et.al. (2022). Wiley Global
作业内容解读
题目解读
1.Briefly describe the accounting and reporting issues being discussed at the Finance Committee
meeting. 7.5 Marks. Word Limit: Maximum 750 words.
• 找出Sira现在面临的会计问题，包括两个大方面
Accounting issue: 会计处理上有什么问题
Reporting issue：会对公司的财报造成什么样的影响
• What is the main dilemma facing these individuals? What options do they have and what are the
consequences of each option?
针对Sira现在面临的问题，公司里的管理层分别认为应该如何处理，对公司的财报会造成什么
样的影响？等等等等
不能只进行理论分析，必要的时候要利用题目中给出的数字条件，进行计算，量化说明到底是如
何对公司进行影响的
作业内容解读
题目解读
2.For each accounting issue described in 1, summarise the requirements of the Australian reporting
framework and applicable accounting standards together with your advice as to what the Sira Finance
Committee should do. 7.5 Marks. Word Limit: Maximum 750 words.
• 针对Sira现在面临的问题，找到正确的AASB准则，概括应该应用中准则中的哪些条款
可能涉及到的准则会有 AASB132 Financial Instruments: Presentation
AASB7 Financial Instruments: Disclosures
AASB9 Financial Instruments
注意：尽量少地完全copy准则的原文。尝试去paraphrase，否则重复率会很高
• 根据找到的准则条款，应用在该题里，给出自己的建议，认为Sira公司应该如何处理在题目
1中你找出的accounting and reporting issues
同样地，在能够使用精确的数字量化的时候，可以进行一些计算来更好地support你的论点
一定要紧密结合assignment中给出的背景/条件，不能仅仅停留在理论，只说准则不谈case要扣大
分
作业内容解读
题目解读
3.Considering the AASB Conceptual Framework for Financial Reporting briefly research the accounting
evidence for the effectiveness of AASB 9 Financial Instruments and write a brief summation of this research.
In considering this topic, ensure you address evidence related to Financial Restatements and the causes of
those restatements. Note financial restatements occur when audited financial statements are found to contain
errors and so the statements are subsequently altered and then reissued. 5. Marks. Word Limit: Maximum
500 words
• 做一些research，看看AASB9的有效性，是否能使财报为决策者提供更为准确有效的信息。
• 主要考虑 财报的目的，及其特征
• 再考虑，AASB9准则是如何契合财报的目的
• 最后考虑在这个topic中，是否会引起financial restatement及其原因
作业重难点总结 & 建议
1. accounting/reporting issue找到不止一个的话，在第一问和第二问要分点写；可以使用一些小标题
加以区分
2. 前两问一定要紧密结合题目给的case，不能写着写着就离开case了；尤其是给了数字的地方，是
可以进行小小计算的，条件不足的话可以予以假设，条件大大的不足的话可以笼统用数字说一
下。
3. 一定记得写reference，一个是AASB的准则要引用，另一个是第三问如果做了reserach，引用了借
鉴了别人文章中的论点的话，也要记得加进reference list。学术诚信很重要！！
4. 点不在多而在深，要用尽量精简的话去把问题阐述清楚，是有maximum字数限制的，尽量不要
超过
Assignment
TUTOR:奶茶
全球累计服务用户超十万
23
作业简介
作业内容解读
作业难点总结
1
作业简介
考试介绍
作业标题：Corporate Reporting Group Assignment 2024 Semester 1
DDL：2024/5/20
题目数量： Three questions (750 words+750 words + 500 words)
提交形式：Online
作业权重： 20%
作业内容解读
作业内容解读
Assignment 通读
作业内容解读
Assignment 要求梳理
Word limit：750 +750 +500 = 2000 words in total 尽量控制在2000字左右，上下不要超过200字。
太多太少都会扣分
以下格式是往年要求，具体以老师LMS为准
字号：Times New Roman，12
Reference：at least 2 data sources, this must include the Company Annual Report and a Business
Studies textbook.
Reference style: APA 6th
但是reference一定要有，在作业里一定避免不了引用AASB准则
作业考点1
金融资产Financial asset后续计量：
Impairment of Financial assets
计量方法 减值的会计处理
Amortised cost以摊余成本计量 Dr Impairment loss
Cr Loss allowance (资产的备抵科目）
Fair value through OCI Dr Impairment loss
Cr Loss allowance (OCI）
作业考点1
金融资产Financial asset后续计量：
Impairment of Financial assets: Expected credit losses (ECL)三阶段模型
Stage 1 Stage 2 Stage 3
初始确认后信用风险未
显著增加
there’s no significant
deterioration in credit risk
自初始确认后信用风险
发生显著增加，但未发
生信用减值
Credit risk increases
significantly
在资产负债表日发生信
用减值
Credit risk increases
significantly and credit
impaired
损失准备ECL的确认 12个月内预期信用损失
12 month’s ECL
整个存续期内预期信用
损失
Lifttime ECL
整个存续期内预期信用
损失
Lifttime ECL
利息收入 按账面总额 按账面总额 按账面净额（账面总额 -
预期信用损失）
作业考点1
Financial Reporting (4th ed.), by Janice Loftus, et.al. (2022). Wiley Global
On 2 January 2024, Biz Banking Ltd purchases a debt instrument with a 5-year term for its fair value of $1000
million (including transaction costs). The instrument has a principal amount of $1250 million (the amount payable
on redemption) and carries fixed interest of 4.7% paid annually in arrears on 31 December. The annual cash
interest revenue is thus $59 million ($1250 million 0.047 rounded to nearest million). Using a financial calculator,
the effective interest rate is calculated as 10%.
The debt instrument is classified as subsequently measured at amortised cost. Biz Banking Ltd’s annual reporting
period end is 31 December. At 31 December 2024 Biz Banking Ltd assesses that the credit risk of the debt
instrument has not changed significantly since initial recognition and that 12 months’ expected credit loss is $1
million. There is no significant change in credit risk until 2026. During that year, the issuer of the debt instrument
faces financial difficulties. By 31 December 2026 it becomes likely that the issuer of the debt instrument will be
placed into receivership. The lifetime expected credit loss of the debt instrument is estimated to be $500 million
on 31 December 2026, calculated by discounting the expected future cash flows at 10%.
No cash flows are received during 2026. At the end of 2027, Biz Banking Ltd receives a letter stating that the issuer
will be able to meet all of its remaining obligations, including interest and repayment of principal.
Required
Prepare the entries of Biz Banking Ltd for all years from initial recognition to derecognition of the financial asset.
作业考点1
Financial Reporting (4th ed.), by Janice Loftus, et.al. (2022). Wiley Global
作业考点2
Financial Liabilities 金融负债定义：
1. A contractual obligation 是一项合同义务
a) To deliver cash or another financial asset to another entity 交付现金或者FA给其他实体
b) To exchange financial assets or financial liabilities with another entity under conditions that are potentially
unfavourable 在潜在不利条件下，与其他方交换金融资产或金融负债的合同义务 （签出看涨期权和看跌期
权）
2. A contract that will or may be settled in the entity’s own equity instruments and is: 以该实体自身的权益工具进
行清算
a) Non derivative for which the entity will or may be obliged to deliver a variable number of the entity’s own equity
instrument 非衍生品，交付可变数量的该实体权益工具
b) A derivative that will or may be settled other than by the exchange of a fixed number of cash or another financial
asset for a fixed number of the entity’s own equity instruments 衍生品清算
作业考点2
权益工具 Equity instrument 定义：
Any contract evidences a residual interest in the assets of an entity after deducitn all of its liabilities
权益工具是持有者对某实体扣除债务后的资产中拥有剩余索取权的合约（例如股票）
Must include no contractual obligation to deliver financial assets to another entity or exchange financial assets
or financial liabilities unfavourable to the issuer
不能包括向另一个entity交付金融资产或交换对发行人不利的金融资产或金融负债的合同义务
作业考点2
Compound Financial Instruments 复合金融工具
1. The entity presents the liability and quity components separately in its statement
负债和权益部分在资产负债表中分别列示
2. Euqity component = Issue proceeds - PV of the financial liability
Financial liability = PV of financial liability
作业考点2
Compound Financial Instruments 复合金融工具
Convertible notes
A convertible note refers to a short-term debt instrument (security) that can be converted into equity
(ownership portion in a company). Convertible notes are often used by seed investors who invest in startups.
They are structured as loans to convert it to an equity stake of the company in the future.
可转换债券是债券持有人可按照发行时约定的价格将债券转换成公司的普通股票的债券。如果债券持
有人不想转换，则可以继续持有债券，直到偿还期满时收取本金和利息，或者在流通市场出售变现。
债券性 - Financial liability component
股权性 - Equity component
作业考点2
Compound Financial Instruments 复合金融工具
以可转债为例 Convertible debt
A Ltd issues $200,000 $1 redeemable convertible notes. The notes pay interest at 6% p.a. Market interest
rates for similar notes WITHOUT a conversion option are 8% p.a. Each note converts at any time at the option
of the holder into 1 ordinary share.
After 5 years, each note is redeemable at the option of the holder for cash.
Financial Reporting (4th ed.), by Janice Loftus, et.al. (2022). Wiley Global
作业考点2
Compound Financial Instruments 复合金融工具
以可转债为例 Convertible debt
A Ltd issues $200,000 $1 redeemable convertible notes. The notes pay interest at 6% p.a. Market interest
rates for similar notes WITHOUT a conversion option are 8% p.a. Each note converts at any time at the option
of the holder into 1 ordinary share.
After 5 years, each note is redeemable at the option of the issuer for cash.
Financial Reporting (4th ed.), by Janice Loftus, et.al. (2022). Wiley Global
作业考点2
Compound Financial Instruments 复合金融工具
Barooga Ltd issues 2,000 $100 convertible notes on 1 July 2014 for a cash consideration of $200,000 with a 6-
year maturity.
• The notes pay interest at 3% p.a. in arrears on 30 June.
• At maturity, a note is convertible into 200 ordinary shares.
• At the date of issue, market rates for similar notes without the conversion option are at a coupon rate of 5%
p.a.
• Barooga Ltd uses amortised cost to subsequently measure the financial liability component of the
convertible notes.
Use the residual valuation method to determine the amounts of the financial liability and equity components
attributable to the issue of the convertible notes
Required
a) Prepare a schedule to determine the amortised cost
b) Prepare journal entries to account for the convertible notes (from issue date to the conversion date)
assuming the holders exercise their conversion option at the expiration of the contract term.
Financial Reporting (4th ed.), by Janice Loftus, et.al. (2022). Wiley Global
作业考点2
Compound Financial Instruments 复合金融工具
Financial Reporting (4th ed.), by Janice Loftus, et.al. (2022). Wiley Global
作业考点2
Compound Financial Instruments 复合金融工具
Financial Reporting (4th ed.), by Janice Loftus, et.al. (2022). Wiley Global
作业内容解读
题目解读
1.Briefly describe the accounting and reporting issues being discussed at the Finance Committee
meeting. 7.5 Marks. Word Limit: Maximum 750 words.
• 找出Sira现在面临的会计问题，包括两个大方面
Accounting issue: 会计处理上有什么问题
Reporting issue：会对公司的财报造成什么样的影响
• What is the main dilemma facing these individuals? What options do they have and what are the
consequences of each option?
针对Sira现在面临的问题，公司里的管理层分别认为应该如何处理，对公司的财报会造成什么
样的影响？等等等等
不能只进行理论分析，必要的时候要利用题目中给出的数字条件，进行计算，量化说明到底是如
何对公司进行影响的
作业内容解读
题目解读
2.For each accounting issue described in 1, summarise the requirements of the Australian reporting
framework and applicable accounting standards together with your advice as to what the Sira Finance
Committee should do. 7.5 Marks. Word Limit: Maximum 750 words.
• 针对Sira现在面临的问题，找到正确的AASB准则，概括应该应用中准则中的哪些条款
可能涉及到的准则会有 AASB132 Financial Instruments: Presentation
AASB7 Financial Instruments: Disclosures
AASB9 Financial Instruments
注意：尽量少地完全copy准则的原文。尝试去paraphrase，否则重复率会很高
• 根据找到的准则条款，应用在该题里，给出自己的建议，认为Sira公司应该如何处理在题目
1中你找出的accounting and reporting issues
同样地，在能够使用精确的数字量化的时候，可以进行一些计算来更好地support你的论点
一定要紧密结合assignment中给出的背景/条件，不能仅仅停留在理论，只说准则不谈case要扣大
分
作业内容解读
题目解读
3.Considering the AASB Conceptual Framework for Financial Reporting briefly research the accounting
evidence for the effectiveness of AASB 9 Financial Instruments and write a brief summation of this research.
In considering this topic, ensure you address evidence related to Financial Restatements and the causes of
those restatements. Note financial restatements occur when audited financial statements are found to contain
errors and so the statements are subsequently altered and then reissued. 5. Marks. Word Limit: Maximum
500 words
• 做一些research，看看AASB9的有效性，是否能使财报为决策者提供更为准确有效的信息。
• 主要考虑 财报的目的，及其特征
• 再考虑，AASB9准则是如何契合财报的目的
• 最后考虑在这个topic中，是否会引起financial restatement及其原因
作业重难点总结 & 建议
1. accounting/reporting issue找到不止一个的话，在第一问和第二问要分点写；可以使用一些小标题
加以区分
2. 前两问一定要紧密结合题目给的case，不能写着写着就离开case了；尤其是给了数字的地方，是
可以进行小小计算的，条件不足的话可以予以假设，条件大大的不足的话可以笼统用数字说一
下。
3. 一定记得写reference，一个是AASB的准则要引用，另一个是第三问如果做了reserach，引用了借
鉴了别人文章中的论点的话，也要记得加进reference list。学术诚信很重要！！
4. 点不在多而在深，要用尽量精简的话去把问题阐述清楚，是有maximum字数限制的，尽量不要
超过
