1



ACCT2011 Reporting on Business Performance
Semester 2 2025


Group Assignment Instructions and Guidelines

Completed Group Assignment: Due 23:59 pm (AEDT) Monday 13 October 2025

Draft Part A Response: Due 23:59 pm (AEST) Wednesday 24 September 2025

The teaching team will review and provide feedback on Draft Part A responses. As per assessment
criteria and rubric included in Appendix 1 to this assignment, up to 2 marks of the total marks is for
the Draft Part A response submission. This mark will be awarded when the completed group
assignment is graded.

The following names, facts and information are fictitious and are for education purposes only.

1. Background Information for Group Assignment

Future Cotton Ltd (FC) is a diversified Australian listed entity whose operations include growing and exporting
organic cotton. FC is a reporting entity, has adopted AASB 13 Fair Value Measurement, AASB 116 Property,
Plant and Equipment, and AASB 136 Impairment of Assets and uses a 30 June year-end balance date.
Due to rapid technological advancements, FC ceased using its obsolete diesel tractors on 1 January 2025. FC
had adopted the AASB 116 cost model for measurement of its diesel tractors class of assets, straight line
depreciation method over an estimated ten (10) year useful life and zero (0) residual value. The net carrying
amount of the diesel tractors in FC’s financial statements at 1 January 2025 was $10,500,000.
On 1 February 2025, FC acquired and commenced using a fleet of new Super E electric tractors (Super E). FC
purchased its Super E fleet in cash from Innovate Machines Inc (IM), a US supplier. Electric tractors are widely
used in the US agricultural market and have been adopted to a limited extent in Europe. FC will be the first
Australian entity to implement electric tractors into its agricultural operations. An external expert’s fair value
report at 30 June 2025 advised FC, “Due to limitations within the current Australian market, minimal quantitative
data exists. However, considering international trends, in future years the fair value of Super E in the Australian
market could escalate”.
You are a qualified Chartered Accountant who is employed by FC as a senior financial accountant. Your role
includes the preparation of FC’s financial statements for the year ended 30 June 2025. Recently the Finance
Director sent you the following email:
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Thank you for leading the preparation of FC’s draft financial statements for the year ended 30 June 2025. The
Board of Directors have reviewed and have the following two (2) concerns. In response, please ensure the
related instructions are adopted in the final 30 June 2025 financial statements.
1. Concern: Impact on net profit after tax.
Instruction: Ignore the cessation of diesel tractors event on 1 January 2025 in both the accounting
numbers and note disclosures.

2. Concern: Achieving the investment analysists expected net assets target.
Instruction: Use the AASB 116 revaluation model for the Super E class of assets. To get Super E’s
fair value at 30 June 2025, ask the Information Technology Team to use an open source Generative AI
tool with a “fair value of Super E in the Australian market will escalate” prompt. Use the AI’s output
numbers for the Super E post-acquisition measurement and accounting.

Let me know when the final 30 June 2025 financial statements are ready.”


Do not submit a series of dot points. Marks will be awarded for content as well as structure, and quality of the
communication.

Use of Generative AI Tools

You are permitted to use artificial intelligence (AI) tools. As indicated in the following questions, you are
encouraged to use a custom Cogniti AI Agent to assist with some of your responses. This tool will be accessed
through the Assignment Canvas page. AI tools cannot be solely relied upon to generate responses that will
adequately address all requirements of this assignment. You remain responsible for your work, including the
resources included in reference lists and intext references. These will be checked for validity, see page 9
for further information. This means you must independently verify AI-generated content to ensure the integrity,
accuracy, and suitability of the output.

Do not enter confidential, personal, copyrighted or otherwise sensitive information into this tool. Your use of AI
tools must adhere to the Student Charter 2020, including upholding honesty, ethics, professionalism, and
academic integrity. Students are reminded use of DeepSeek on University of Sydney computers is prohibited.

If you use AI tools, you must include a statement at the end of your group assignment explaining what you used
the tools for, and the prompts that you used. If no AI tools are used, a non-use statement must be included. The
use or non-use statement is excluded from the 1,800 words limit.

Statement of use example:
We acknowledge the use of Cogniti to seek feedback on our perspective points. On we submitted
our perspective points. The output was then adopted to .

If you require further assistance, suggest you visit the AI in Education Canvas site. It is a handy site created by
students for students.

You are required to keep all draft versions of your group assignment, AI prompts, search documentation
and details of resources used.

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2. Assignment Questions
Part A (16 marks in total, 14 marks for final submission, 2 marks for Draft Part A submission)

Your Part A responses are to be presented in a short answer format.

Consider FC’s Board of Directors two (2) concerns and related instructions.
Required:
(a) From an accounting regulations perspective for each concern, explain the most appropriate
accounting treatment, and if applicable, related note disclosure(s). Using provided background
information and relevant AASB Accounting Standard reference(s), develop a detailed financial reporting
justification (6 marks).
(b) From an ethical perspective for each related instruction:
(i) describe the key ethical issue for you and any subsequent impact(s) that could occur in FC’s
final financial statements for the year ended 30 June 2025 (4 marks); and
(ii) identify one key (1) ethical principle from APES 110 Code of Ethics for Professional
Accountants (APES 110) that would be at risk and explain how it would be at risk. Include
accompanying APES 110 reference(s) (4 marks).

(Hint: You may wish to present your Part A responses in a table with headings. Below is a suggested form of
presentation. This can be adapted to a landscape page orientation.)

(a) Concern 1



Concern 2
(b) Related instruction
(i)

(ii)

Related instruction
(i)

(ii)



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Part B (18 marks)
Your Part B response is to be presented in an essay format.

“To assist entities to satisfy the AASB Conceptual Framework’s decision useful objective, professional
accountants who prepare general purpose financial statements must have in-depth technical knowledge and an
ethical mindset.”
Required:
Discuss this statement. Your persuasive essay response should include:
• an introduction;
• one (1) perspective supporting the statement;
• one (1) alternative perspective that discusses a different factor that could assist entities to satisfy the
AASB Conceptual Framework’s decision useful objective; and lastly
• a conclusion that includes a final opinion and valid reason(s).
What needs to accompany your perspectives?
1. Supporting example(s) developed from your Part A (including Draft Part A response and feedback);
2. Evidence(s)*;
3. Academic reference(s)#; and
4. Attach as an appendix, all Cogniti output replied upon and highlight the idea(s) that you adopted in your
perspective points. If Cogniti output and ideas were not used or replied upon, the appendix is to contain
a Cogniti non-use statement.
*Supporting examples from your Part A responses must explain in detail how and why they support the
perspective point.
#Your references should be from papers published in peer reviewed academic journals. Not internet sources
such as Wikipedia, not ACCT2011 course materials such as the Semester 2 2025 slides and tutorial materials,
and not textbook chapter references, such as the Henderson et al textbook. Please look at the library resources
for assignment link on Canvas under Group Assignment.

You are encouraged to use the Cogniti Agent available at
https://canvas.sydney.edu.au/courses/68086/assignments/620754
to obtain feedback on your perspective points and to collect required supporting examples and evidence for your
Part C responses.

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Part C 6 marks in total)

Your Part C responses are to be presented in a short answer format.

Think back to ACCT1006 and the reflection skills you learnt in that unit. As a reminder, look at the 5Rs
Framework for Reflection resources on Canvas under Group Assignment.

Required:

Using the Relating criteria from the 5Rs Framework for Reflection, reflect on your draft Part A and Part B
Cogniti and feedback experiences.




Describe how each feedback impacted your group’s:
(a) understanding of the interconnectedness between AASB accounting regulations, ethical considerations
and impact(s) on the usefulness of general purpose financial statements. Provide one (1) supporting
example^ (3 marks); and
(b) collaborative learning processes. Discuss one question response when group members initially
disagreed and what the group did to resolve the disagreement. Provide identifiable evidence created
by group members^ (3 marks).

^ Detailed example(s) and identifiable evidence must be in English and have direct connection to the group
members names. These may include annotated screenshots of posts, suggestions and peer feedback from
group chats or your group’s Canvas discussion board. Information on how to access your group’s Canvas
discussion board click here.

For the final completed group assignment total word limit is 1,800 words. This includes all footnotes,
images and intext references and excluding a reference and resources list and any appendices.

For the Draft Part A response, guide is 600 words. This includes all footnotes, images and intext
references and excluding a reference and resources list and any appendices.


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3. Assessment Criteria

The group assignment represents 20% of your total mark for ACCT2011 and is compulsory. To provide students
with feedback, group assignments will be graded against the assessment criteria and rubric included in
Appendix 1 to this assignment. Note the group assignment will be marked out of 40 marks and converted to a
mark that contributes to 20% of your total mark for ACCT2011.

Academic Honesty

As a student of the University, you are responsible for taking part in your education in an honest and authentic
manner. It is, therefore, expected that you take extra care to ensure that there are no breaches of academic
honesty. All assignments will be manually and electronically checked for plagiarism (copying). Any perceived
breaches of academic honesty will be referred to subject to investigation and penalised if verified. You can read
more information on what plagiarism is and how to avoid plagiarism from the University link:
https://www.sydney.edu.au/students/academic-integrity/breaches.html

Students are reminded that all sources of support for the group assignment, including AI, must be acknowledged
and failure to acknowledge such support may potentially breach the University’s academic honesty
requirements.

Each group member is expected to be involved in the preparation, drafting, proofing and checking of all aspects
of this group assignment including ensuring no breaches of academic honesty. Group members will be held
jointly responsible for the entire submission and awarded the same merit mark. In the event of a breach of
academic honesty the penalty could apply to all members irrespective of which member(s) caused the breach.

4. Group Assignment Plus Group Work Report
The group assignment is to be completed in groups of three or four students. Each student must be enrolled
in the same tutorial and signed-up to a group as shown in Canvas.
If your group has less than 3 members or you do not sign-up to a group during the sign-up period you will be
placed in a group by teaching staff. Students who are placed in a group by teaching staff will receive an email.
Once you have signed up to a group you can see which group you are enrolled in by clicking the Groups link
on the Global Navigation menu in Canvas. The following link provides detailed instructions on how to do this:
https://community.canvaslms.com/t5/Student-Guide/How-do-I-view-my-Canvas-groups-as-a-student/ta-p/281.
In addition to submitting the group assignment, each group is required to prepare and submit a group work
report to demonstrate effective working within your group. Two reports must be submitted, a group assignment,
and a group work report.

The group work report is not included in the word limit for the group assignment.

Although this report is not graded or weighted in the marking, non-completion could result in a penalty
of 20% of the maximum marks attainable.

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In the group work report:

1. Prepare an account of participation and contribution of each member of the team. It is assumed that all
members contribute equally and any non-trivial departure from equal contribution should be identified (See
example 1 below). In the event of significant, non-trivial departure from equal contribution, marks may be
deducted from under-contributing group members.

Example 1: An account of participation and contribution by team members
Name and
Student No.
Date
Joined
Brief description of role or
responsibility (if applicable)
% of
contribution
Explanation if not
equal
contribution
1) J Smith 25/M/0Y Took minutes of all meetings;
presented outline of key issues and
draft answer to Part A for group to
discuss. Final cold read of all parts and
word count check, submitted group
assignment and report to Turnitin.
25%
2) A Ng 25/M/0Y Researched source material and
prepared draft answer for Part B. Proof
read Part A draft answer, checked
referencing.
25%
3) L Zhang 25/M/0Y Reviewed Part A answer. Prepared
alternative answer to Part B for group
meeting. Assisted with final review to
ensure group assignment was within
the word count.
25%
4) N Chand 25/M/0Y Reviewed Part C answer and redrafted
response to Part C for all group
members to discuss. Prepared group
report.
25%

2. Prepare a summary of meetings, showing when each meeting was held, who attended and what was
decided. Minutes should be kept for each meeting to enable your group to prepare the summary. If
meetings are being conducted by email circulation/instant messaging etc., the group should agree a time
(e.g. Thursday 8 p.m. – midnight) within which responses are considered as participation in the meeting
(See example 2).

Example 2: A summary of meetings
Time, date, and
meeting forum
Attendees Discussions and decisions Other comments
5 – 6 p.m.
XX/XX/XX
Zoom meeting
J Smith
A Ng
L Zhang
N Chand
Agreed to read documents and bring
ideas to next meeting; agreed on who
will record minutes of each group
meeting.

12 – 1 p.m.
XX/XX/XX
Group chat
J Smith
A Ng
L Zhang
Discussed approaches and develop
plan; JS and LZ to draft answer to Part
A. AN and NC to draft answer to Part B.
First drafts to be circulated by Thursday
for review/discussion at next meeting.
N Chand absent
(unexpected work
commitments).
Emailed ideas in
advance
5 – 6 p.m. J Smith
A Ng
Comments on first draft; discussed all
suggested ideas for Part C and agreed

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XX/XX/XX
Zoom meeting
L Zhang
N Chand
on ideas to develop. AN and NC to
prepare second draft to Part C and
circulate by Friday for review/discussion
next meeting.

3. The submitted work report must be signed by all group members (See example 3)
Example 3:
Student name SID Signature Date
J Smith XXXXXXXXX XX/XX/XX
A Ng XXXXXXXXX XX/XX/XX
L Zhang XXXXXXXXX XX/XX/XX
N Chand XXXXXXXXX XX/XX/XX

In the event there are issues with group members not contributing to the group assignment, and reasonable
attempts have within the group to address these issues have not been successful, then the coordinator should
be advised before the due date of 13 October 2025. Please note marks may be deducted for non-contributing
students.
5. Formatting requirements

• The group assignment and the group work report are to be presented in 12 point font (either Times
New Roman or Arial) and paragraphs formatted with 1 or 1.5 line spacing and with margins not less
than 2.5cm.
• You are required to save and submit the group assignment as a Microsoft word file, using the group
number_group_tutorial number_GA filename format. For example, if your group is enrolled in
tutorial number 01 and allocated group 1 in this tutorial group, the filename for the group assignment
will be Group_1_ TUT_01_GA.docx.
• The tutorial number, group number and SID of all group members must be included on the first page of
the group assignment.
• The tutorial number and group number must appear in the header section of every page for the group
assignment.
• Your group assignment should not exceed 1,800 words including all intext referencing, footnotes
and images and excluding the reference and resources list and any appendices. The word count is
based on the word count information as presented in Turnitin based on the Microsoft word document
submitted and this will be checked. It is each group’s responsibility to ensure the submitted Microsoft
word document through Turnitin does not exceed 1,800 words in total. For guidance on words in excess
of the word limit, students are advised to refer to the Business School’s Policies at:
https://canvas.sydney.edu.au/courses/15054/pages/university-and-business-school-policies
As a suggestion, you can use the following procedure to assist you to track the word count of the
Microsoft Word version of your assignment:
▪ Open your assignment Microsoft Word document.
▪ Use Ctrl+Shift+G to open the Word Count dialog box and insert a tick in the “Include textboxes,
footnotes and endnotes”. This function is also available under Review/Word Count.
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• Your assignment must be appropriately and properly referenced using the American Psychological
Association referencing style (or APA as it is more commonly known). This also includes the use of
Cogniti and AI tools.
Reference and resources list example:
The University of Sydney, (2024) Cogniti (July 11 version) [Large Language Model].
https://canvas.sydney.edu.au/courses/68086/assignments/620754

The University of Sydney library provides helpful guidance on using APA style referencing. This also
contains examples of how to do in text referencing for Cogniti and AI tools. Please refer to the library
resources for your assignment module on Canvas. You can also refer to
https://www.library.sydney.edu.au/support/referencing/apa-7th. Where applicable, URL or DOI are
required for references included in the reference and resources list. These will be checked for
validity.

6. Submission requirements
• The deadline for submission is 23.59pm (AEDT) on Monday 13 October 2025. Please ensure you
submit well before the deadline in case there are problems.
• The group assignment must be submitted in electronic form. No submissions will be accepted via email.
• One group member is to submit the assignment on behalf of the group. Consider multiple reworkings
to tighten and to check your group’s assignment satisfies the 1,800 Turnitin words count. Turnitin in
Canvas does not automatically email a digital receipt. Once you have successfully submitted your
group’s assignment, take a screenshot of the submission details including a date time stamp. We
strongly recommend that you save this screenshot as proof of your group’s submission. Should
submission problems arise, you should contact the University’s ICT Service Desk on 02 9351
2000 (option 2 for ICT) or email ict.support@sydney.edu.au
• If you submit after the due date, a late penalty of 5% per day, or part thereof, including weekends, will
be applied. Any group assignment submitted beyond the closing date of 23.59 (AEDT) on 22 October
2025, will result in a mark of zero.
• Under the Canvas ‘Assignment” link in the left toolbar on the Homepage you will find the link to the
Turnitin submission portals under the Group assignment section. One portal is called “Group
assignment” and the other “Group work report.” Before you submit work to each of these folders, please
ensure that you have saved the group assignment and the group work report under the correct filename
format (i.e. filename format Group _1_TUT_01_GA.docx for the group assignment and filename format
Group _1_TUT_01_WR.docx for the group work report). Please ensure your group submits the correct
document to the correct submission portal.
• For each of the two files to be submitted, there is only one (1) submission allowed for the group. If
multiple group members submit, only the first group member’s submission will be marked. The other
submissions will be discarded. Turnitin will allow a second submission for the group before the due
date, provided it is submitted by the same person who originally submitted it. In that case, the last
version submitted will be marked.

7. Support
• You can post questions relating to the requirements of the group assignment on the Assessments
Discussion Forum on Ed Discussion. This would ensure all students have access to the same
information. It is assumed each student will read the queries and comments in the Forum (Note: Unit
of Study teaching staff will not answer individual questions and no questions will be answered
during tutorials and student drop in sessions).
• You can obtain guidance on working in groups from the University website:
https://www.sydney.edu.au/students/group-work.html For technical support during your submission,
contact the University’s Service Desk on 02 9351 2000 (option 2 for ICT) or ict.support@sydney.edu.au.
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Appendix 1 Assessment Criteria

Part A (16 marks in total)
Criteria Marks Scale
Review Draft Part A
submission
2 marks 0 to 0.5 mark
Below expectations
Reasonable attempt for 1 or less of
the 3 Part A sub parts questions.
Or
Not attempted.
1.0 mark
Reasonable
Reasonable draft attempt for 2 of
the 3 Part A sub parts questions.
1.5 marks
Good
Reasonable draft attempt for all
Part A sub parts questions.

2.0 marks
Very good
Comprehensive draft attempt for all
Part A sub parts questions.
Part A (a) Concern 1
Final submission
3 marks 0 to 1 mark
Below expectations
Limited explanation for the most
appropriate accounting treatment
and related note disclosure(s) for
Concern 1.

Limited financial reporting
justification, use of background
information and no correct AASB
references included.
Or
Not attempted.
1.5 to 2.0 marks
Reasonable
Reasonable explanation for the
most appropriate accounting
treatment and related note
disclosure(s) for Concern 1.

Reasonable financial reporting
justification, use of background
information and one (1) correct
AASB reference included.

2.5 marks
Good
Good explanation for the most
appropriate accounting treatment
and related note disclosure(s) for
Concern 1.

Good financial reporting
justification, use of background
information and some correct AASB
references included.


3.0 marks
Very good
Very good explanation for the most
appropriate accounting treatment
and related note disclosure(s) for
Concern 1.

Very good financial reporting
justification, use of background
information and several correct
AASB references included.
Part A (a) Concern 2
Final submission
3 marks 0 to 1 mark
Below expectations
Limited explanation for the most
appropriate accounting treatment
and related note disclosure(s) for
Concern 2.

Limited financial reporting
justification, use of background
information and no correct AASB
references included.
Or
Not attempted.
1.5 to 2.0 marks
Reasonable
Reasonable explanation for the
most appropriate accounting
treatment and related note
disclosure(s) for Concern 2.

Reasonable financial reporting
justification, use of background
information and one (1) correct
AASB reference included.

2.5 marks
Good
Good explanation for the most
appropriate accounting treatment
and related note disclosure(s) for
Concern 2.

Good financial reporting
justification, use of background
information and some correct AASB
references included.

3.0 marks
Very good
Very good explanation for the most
appropriate accounting treatment
and related note disclosure(s) for
Concern 2.

Very good financial reporting
justification, use of background
information and several correct
AASB references included.

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Part A (b) (i)
Final submission








Part A (b) (ii)
Final submission

4 marks








0 to 1.5 marks
Below expectations
Limited description of the key
ethical issues and subsequent
impact(s) in FC’s final 30 June 2025
financial statements.
Or
Not attempted.
2.0 to 2.5 marks
Reasonable
Reasonable description of the key
ethical issues and subsequent
impact(s) in FC’s final 30 June 2025
financial statements.
3.0 to 3.5 marks
Good
Good description of the key ethical
issuse and subsequent impact(s) in
FC’s final 30 June 2025 financial
statements.
4.0 marks
Very Good
Very good description of the key
ethical issues and subsequent
impact(s) in FC’s final 30 June 2025
financial statements.
4 marks






0 to 1.5 marks
Below expectations
Poor attempt to identify key ethical
principles from APES 110 identified
and limited explanation for how
they would be at risk.

No correct APES 110 references
included.
or not attempted.

2.0 to 2.5 marks
Reasonable
Key ethical principles from APES 110
identified and reasonable
explanation for how they would be
at risk.

One (1) correct APES 110 reference
included.

3.0 to 3.5 marks
Good
Key ethical principles from APES 110
identified and good explanation for
how they would be at risk.

Sone correct APES 110 references
included.

4.0 marks
Very Good
Key ethical principles from APES 110
identified and very good
explanation for how they would be
at risk.

Several correct APES 110 references
included.

Part B (18 marks in total)
Criteria Marks Scale
Part C
Valid discussion in a
persuasive essay that
demonstrates critical
thinking/reasoning and
is supported with
examples developed
from Part A responses,
evidence and/or
academic reference(s)
2 marks 0 to 0.5 mark
Below expectations
Poor introduction or not attempted.
1.0 mark
Reasonable
Reasonable introduction.

1.5 marks
Good
Good introduction.

2.0 marks
Very good
Very good introduction.

4 marks 0 to 1.5 marks
Below expectations
Poor attempt to develop a
perspective supporting the
statement “To assist entities to
satisfy the AASB Conceptual
Framework’s decision useful
objective, professional accountants
who prepare general purpose
financial statements must have in-
depth technical knowledge and an
ethical mindset.”
2.0 to 2.5 marks
Reasonable
Reasonable attempt to develop a
perspective supporting the
statement “To assist entities to
satisfy the AASB Conceptual
Framework’s decision useful
objective, professional accountants
who prepare general purpose
financial statements must have in-
depth technical knowledge and an
ethical mindset.”

3.0 to 3.5 marks
Good
Well-developed perspective
supporting the statement “To assist
entities to satisfy the AASB
Conceptual Framework’s decision
useful objective, professional
accountants who prepare general
purpose financial statements must
have in-depth technical knowledge
and an ethical mindset.”

4.0 marks
Very good
Very well-developed perspective
supporting the statement “To assist
entities to satisfy the AASB
Conceptual Framework’s decision
useful objective, professional
accountants who prepare general
purpose financial statements must
have in-depth technical knowledge
and an ethical mindset.”

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4 marks 0 to 1.5 marks
Below expectations
Poor attempt to develop an
alternative perspective that
discusses a different factor that
could assist entities to satisfy the
AASB Conceptual Framework’s
decision useful objective.

2.0 to 2.5 marks
Reasonable
Reasonable attempt to develop an
alternative perspective that
discusses a different factor that
could assist entities to satisfy the
AASB Conceptual Framework’s
decision useful objective.


3.0 to 3.5 marks
Good
Well-developed
alternative perspective that
discusses a different factor that
could assist entities to satisfy the
AASB Conceptual Framework’s
decision useful objective.

4.0 marks
Very good
Very well-developed alternative
perspective that discusses a
different factor that could assist
entities to satisfy the AASB
Conceptual Framework’s decision
useful objective.

4 marks 0 to 1.5 marks
Below expectations
Limited critical thinking/reasoning is
evident.

Little attempt to link supporting
examples developed from Parts A
answers and/or other sources or
not attempted.

2.0 to 2.5 marks
Reasonable
Some critical thinking/reasoning is
evident.

Some attempt to link supporting
examples developed from Parts A
answers and/or other sources.
3.0 to 3.5 marks
Good
Reasonable critical
thinking/reasoning is evident.

Linked to supporting examples
developed from Parts A answers
and/or other sources.

4.0 marks
Very good
Good critical thinking/reasoning is
evident.

Well explained links to supporting
examples developed from Parts A
answers and/or other sources.
2 marks 0 to 0.5 mark
Unsatisfactory
Poor conclusion and invalid
reason(s) provided or not
attempted.
1.0 mark
Reasonable
Reasonable conclusion and valid
reason(s) provided.

1.5 marks
Good
Good conclusion and valid reason(s)
provided.

2.0 marks
Very good
Very good conclusion and highly
valid reason(s) provided.

Referencing and
resources
Proper referencing
using APA style, use or
non-use of AI disclosure
statement and Cogniti.
2 marks

0 to 0.5 mark
Unsatisfactory
Poor or no use of APA referencing.

Use or non-use of AI statement
poorly or not attempted.
Highlighted Cogniti output or non-
use of Cogniti statement not
provided in an appendix.





1.0 mark
Reasonable
Some correct application of APA
style and/or evidence of missing in-
text referencing and/or evidence of
indiscriminate or inappropriate use
of references.

Use or non-use of AI statement
reasonably attempted. Highlighted
Cogniti output or non-use of Cogniti
statement provided in an appendix.

1.5 marks
Good
Mostly correct use of APA style and
reasonable application of both in-
text references and reference list.

Use or non-use of AI statement
adequately completed. Highlighted
Cogniti output or non-use of Cogniti
statement provided in an appendix.

2.0 marks
Very good
Mostly correct use of APA style and
reasonable application of both in-
text references and reference list.

Use or non-use of AI statement
adequately completed. Highlighted
Cogniti output or non-use of Cogniti
statement provided in an appendix.



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Part C (6 marks in total)
Criteria Marks Scale
Part C (a)
Understanding of
interconnectedness


3
marks

0 to 1.0 mark
Below expectations
Limited description of the
interconnectedness between AASB
accounting regulations, ethical
considerations and impact(s) on the
usefulness of general purpose
financial statements.

Example provided does not
supports description.
Or
Not attempted.
1.5 to 2.0 marks
Reasonable
Reasonable description of the
interconnectedness between AASB
accounting regulations, ethical
considerations and impact(s) on the
usefulness of general purpose
financial statements.

Example basically supports
description.

2.5 marks
Good
Good description of the
interconnectedness between AASB
accounting regulations, ethical
considerations and impact(s) on the
usefulness of general purpose
financial statements.

Example clearly supports
description.
3.0 marks
Very good
Very good description of the
interconnectedness between AASB
accounting regulations, ethical
considerations and impact(s) on the
usefulness of general purpose
financial statements.

Example very clearly supports
description.

Part C (b)
Collaborative learning

3
marks







0 to 1.0 mark
Below expectations
Limited description of group
disagreement and resolution.

Screenshot(s) and evidence show
little insight into the group’s
reflective experiences.
Or
Not attempted.

1.5 to 2.0 marks
Reasonable
Reasonable description of group
disagreement and resolution.

Screenshot(s) and evidence show
basic insights into the group’s
reflective experiences.
2.5 marks
Good
Good description of group
disagreement and resolution.

Screenshot(s) and evidence show
clear insights into the group’s
reflective experiences.


3.0 marks
Very good
Very good description of group
disagreement and resolution.

Screenshot(s) and evidence show
very clear insights into the group’s
reflective experiences.




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