微信客服：xiaoxionga100
微信客服：ITCS521
会计代写-ACCT2011
时间：2021-05-12
1
ACCT2011 Financial Accounting A
Semester 1 2021
Group Assignment Instructions and Guidelines
Completed Group Assignment: Due 5pm (Sydney time) Monday 17 May 2021
(Compulsory)
Draft Part A Response: Due 5pm (Sydney time) Monday 12 April 2021 (Optional)
A panel of practitioners will review and provide feedback on draft Part A responses. If your
group wishes to make use of the Practitioner Review Part A opportunity, submit your draft Part
A response by 5pm Monday 12 April 2021. No marks will be awarded for the Practitioner Review
Part A. Further information will be provided separately.
1. Background Information for Group Assignment
Shoppers Ltd (“Shoppers”) is a diversified listed Australian company whose operations include a chain
of retail stores in Australian capital and regional cities. As part of its 2050 zero carbon emission strategic
objective, Shoppers will issue 200,000 climate bonds on 1 July 2021. The climate bonds will have an
issue price of $98, a face value of $100 at their maturity date on 1 July 2026 and a coupon rate of 1.75%.
Shoppers will incur $150,000 of legal fees and underwriting costs on 1 July 2021 to issue the climate
bonds. In accordance with Shoppers Corporate Finance Model, the climate bonds will not be used for
derivative purposes nor repaid before their 1 July 2026 maturity date.
Shoppers is planning to use proceeds from the climate bonds debt issue to finance the acquisition and
installation of solar panels in their retail stores. The solar panels will be a new class of assets in Shoppers’
financial statements for the year ended 30 June 2022.
You are part of the Shoppers’ Climate Bonds Transaction Group and have been assigned the
responsibility of considering the accounting policy choice and financial reporting implications for the solar
panels and climate bonds debt instrument transactions.
2. Assignment Questions
Responses to the following questions will be considered on their ability to present relevant information
and develop well supported arguments. Do not submit a series of dot points. Please note Part C requires
your group to prepare a persuasive extended essay response. Marks will be awarded for content as well
as structure, and quality of the communication.
2
REQUIRED:
Your Part A and Part B responses are to be presented in a short answer format.
Part A (14 marks)
The Climate Bonds Transaction Group seeks your guidance about selecting accounting policies and
determining related estimates for the solar panel class of assets.
(a) Referring specially to paragraph references from relevant accounting standards, describe how
Shoppers should select the accounting policy for the solar panel class of assets and determine
any accounting estimates that would be necessary to apply the accounting policy to the solar
panel class of assets.
(b) Prepare an appropriate accounting policy disclosure note for the solar panel class of assets
which includes:
(i) suggested rates and amounts for the accounting estimates; and
(ii) reason(s) to justify the chosen accounting policy and related accounting estimates.
(c) Explain how the climate bond note holders could use the accounting policy disclosure note
information included in your Part A (b) answer to make decisions relating to their investment.
Incorporate a supporting example.
Part B (6 marks)
The Climate Bonds Transaction Group is uncertain about the accounting treatment of the climate bonds
under Australian accounting standards. Describe how the climate bonds debt instrument will:
(a) be classified and initially recognised in Shoppers’ financial statements. Cite paragraph
reference(s) from relevant accounting standards; and
(b) affect individual line items, account balances and total asset and liability amounts presented in
Shoppers’ future years’ statements of profit or loss and financial position.
Part C (20 marks)
Your Part C response is to be presented in an essay format.
“Accounting policy choice dictates the financial reporting information presented in entities’ financial
statements”
Discuss this statement. Your persuasive response should include:
• an introduction;
• one (1) for argument point supporting this statement;
• one (1) alternative argument point that explains a different factor that could also dictate the
financial reporting information presented in entities’ financial statements; and
• a conclusion that includes a final opinion and valid reason(s).
Both argument points are to be accompanied by supporting example(s) developed from your Part A
(including draft Part A response and feedback) and Part B responses, evidence and/or academic
reference(s)*#.
*Supporting examples from your Part A and Part B responses must explain in detail how and why it supports the argument
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 1 2021 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 the
Group Assignment Canvas page for guidance.
Including all footnotes, appendices, images and a reference list, total word limit for Part A, Part B
and Part C is 1,200 words.
3
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.
You are expected to use original words rather than copying and pasting information from
sources.
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 the Office of Educational
Integrity for further investigation and penalised if verified. You can read more information on what
plagiarism is and how to avoid plagiarism from the University link:
http://sydney.edu.au/students/academic-dishonesty-and-plagiarism.html
Students are reminded all sources of support for the group assignment 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 will 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 sign-up to a group via Canvas. Students will sign-up to groups during
their tutorial in Week 4 (Topic 3 Tutorial), in the week commencing 22 March.
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 assignment.
Although this report is not graded or weighted in the marking, non-completion will result in a
penalty of 20% of the maximum marks attainable.
In the group work report:
4
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 C.
Proof read Part A draft answer,
checked referencing.
25%
3) L Zhang 25/M/0Y Reviewed Part A answer. Prepared
alternative answer to Part C 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 B answer and
redrafted response to Part B 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).
5
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.
XX/XX/XX
Zoom meeting
J Smith
A Ng
L Zhang
N Chand
Comments on first draft; discussed all
suggested ideas for Part C and agreed
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
6
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 and the group work report as Microsoft
word files, using the cohort_tutorial number_GXX filename format. For example, if your group
is enrolled in the CC cohort, tutorial number 02 and allocated group number 04 in this tutorial
group, the filename for the group assignment will be CC_T02_G04_assignment.doc, and for the
group work report the filename will be CC_T02_G04_workreport.doc.
▪ The cohort, tutorial number, group number and SID of all group members must be included on the
first page of the group assignment and the group work report.
▪ The cohort, tutorial number and group number must appear in the header section of every page
for both the group assignment and the group work report.
▪ Your group assignment must not exceed 1,200 words including any footnotes, appendices,
images and a reference list. 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 1,200 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://business.sydney.edu.au/students/policy
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.
▪ Your assignment must be appropriately and properly referenced using the American Psychological
Association referencing style (or APA as it is more commonly known). The University of Sydney
library provides helpful guidance on using APA style referencing. Please refer to the library
resources for your assignment module on Canvas. You can also refer
http://libguides.library.usyd.edu.au/c.php?g=508212&p=3476096
7
6. Submission requirements
▪ The deadline for submission is 5pm (Sydney time) on Monday 17 May 2021. Please ensure you
submit well before the deadline in case there are problems.
▪ If you submit after the due date, a late penalty of 5% per day, or part thereof, including weekends,
will be applied. Furthermore, as noted in your unit of study outline, any group assignment submitted
beyond the closing date of 5pm (Sydney time) on 26 May 2021, will result in a mark of zero
▪ Both the group assignment and the group work report must be submitted in electronic form. No
submissions will be accepted via email.
▪ You will find the Group Assignment and Group Work Report portals under the Canvas
‘Assignment” link in the left toolbar on the Homepage. Click on this link, it will take you to the Group
Assignment Section where you will find the “Group assignment” portal and the “Group work report”
portal. Before you submit the work to each of these portals, please ensure that you have saved
the group assignment and the group work report under the correct filename format (i.e. filename
format cohort_tutorial number_GXX_group assignment.doc for the group assignment and
filename format cohort_tutorial number_GXX_workreport.doc 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 group member’s 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.
▪ One (1) 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 1,200 Turnitin word
count. Once you have successfully submitted your group’s assignment, take a screenshot of the
submission details. 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
7. Support
▪ You can post questions relating to the requirements of the group assignment on the Group
assignment Discussion Forum on Canvas. This would ensure all students have access to the same
information. It is assumed each student will read the queries and comments in the Group
assignment Discussion Forum (Note: Unit of Study teaching staff will not answer individual
questions and no questions will be answered during Q&A 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
8
Appendix 1 Assessment Criteria
Part A (14 marks in total)
Criteria Marks Scale
Part A (a)
Description of how
Shoppers should select
the accounting policy
and determine any
accounting estimates
for the solar panels
class of assets.
Paragraphs references
from relevant
accounting standards
included.
4 marks 0 to 1.5 marks
Below expectations
Limited description of how Shoppers
should select the accounting policy
and determine any necessary
accounting estimates for the solar
panel class of assets.
Incorrect technical references
included.
Or
Not attempted.
2.0 to 2.5 marks
Reasonable
Reasonable description of how
Shoppers should select the
accounting policy and determine
any necessary accounting estimates
for the solar panel class of assets.
Technical references attempted.
3.0 to 3.5marks
Good
Good description of how Shoppers
should select the accounting policy
and determine any necessary
accounting estimates for the solar
panel class of assets.
Some correct technical references
included.
4.0 marks
Very good
Very good description of how
Shoppers should select the
accounting policy and determine
any necessary accounting estimates
for the solar panel class of assets.
Several correct and appropriate
technical references included.
Part A (b)
Prepare an
appropriate
accounting policy note
for the solar panel
class of assets that
includes:
(i) suggested rates and
amounts for the
accounting estimates;
and
(ii) reason(s) to justify
the chosen accounting
policy and related
accounting estimates.
2 marks
0 to 0.5 mark
Below expectations
Accounting policy disclosure note
includes an inappropriate
accounting policy and related
estimates.
Or
Not attempted.
1.0 mark
Reasonable
Reasonable accounting policy
disclosure note for the solar panel
class of asset that is
understandable.
1.5 marks
Good
Well presented and good
accounting policy disclosure note
for the solar panel class of asset.
2.0 marks
Very Good
Well presented and comprehensive
accounting policy disclosure note
for the solar panel class of asset.
2 marks
0 to 0.5 mark
Below expectations
Limited or poor presentation of
suggested rates and amounts for
the accounting estimates.
Or
Not attempted.
1.0 mark
Reasonable
Reasonable presentation of some
suggested rates and amounts for
the accounting estimates.
1.5 marks
Good
Good presentation of suggested
rates and amounts for the
accounting estimates.
2.0 marks
Very Good
Comprehensive presentation of
several suggested rates and
amounts for the accounting
estimates.
2 marks 0 to 0.5 mark
Below expectations
Invalid reasons provided to justify
chosen accounting policy and
related accounting estimates.
Or
Not attempted.
1.0 mark
Reasonable
Attempt to include valid reasons to
justify the chosen accounting policy
and related accounting estimates.
1.5 marks
Good
Some valid reasons included to
justify the chosen accounting policy
and related accounting estimates.
2.0 marks
Very Good
Several valid reasons included to
justify the chosen accounting policy
and related accounting estimates.
9
Part A (c)
Explanation of how
climate bond note
holders could use the
solar panel’s
accounting policy
disclosure note
information to make
their investment
decisions supported by
an example.
4 marks 0 to 1.5 marks
Below expectations
Limited explanation of how climate
bond note holders could use the
solar panel’s accounting policy
disclosure note to make their
investment decisions.
Inappropriate example or no
attempt to explain supporting
example.
Or
Not attempted.
2.0 to 2.5 marks
Reasonable
Reasonable explanation of how
climate bond note holders could use
the solar panel’s accounting policy
disclosure note to make their
investment decisions.
Supporting example is somewhat
explained.
3.0 to 3.5 marks
Good
Good explanation of how climate
bond note holders could use the
solar panel’s accounting policy
disclosure note to make their
investment decisions.
Supporting example is reasonably
explained.
4.0 marks
Very good
Very good explanation of how
climate bond note holders could use
the solar panel’s accounting policy
disclosure note to make their
investment decisions.
Supporting example is well
explained.
Part B (6 marks in total)
Criteria Marks Scale
Part B (a)
Explanation of how the
climate bonds debt
instrument will be
classified and initially
recognised in
Shoppers’ financial
statements with
paragraphs from
relevant accounting
standards.
2
marks
0 to .5 mark
Below expectations
Limited explanation for
classification and initial recognition
of the climate bonds debt
instrument in Shoppers’ financial
statements.
No or incorrect technical references
included.
Or
Not attempted.
1.0 mark
Reasonable
Reasonable explanation for
classification and initial recognition
of the climate bonds debt
instrument in Shoppers’ financial
statements.
One correct paragraph from
relevant accounting standard(s)
included.
1.5 marks
Good
Good explanation for classification
and initial recognition of the climate
bonds debt instrument in Shoppers’
financial statements.
One correct paragraph from
relevant accounting standard(s)
included.
2.0 marks
Very good
Very good explanation for
classification and initial recognition
of the climate bonds debt
instrument in Shoppers’ financial
statements.
Correct paragraphs from relevant
accounting standard(s) included.
Part B (b)
Explanation of the
effects of the climate
bonds debt instrument
on individual line
items, account
balances and total
asset and liability
amounts present in
2
marks
0 to .5 mark
Below expectations
Limited explanation of the effects
from the climate bonds debt
instrument on Shoppers’ future
years’ statement of profit or loss.
Or
Not attempted.
1.0 mark
Reasonable
Reasonable explanation of the
effects from the climate bonds debt
instrument on Shoppers’ future
years’ statement of profit or loss.
1.5 marks
Good
Good explanation of the effects
from the climate bonds debt
instrument on Shoppers’ future
years’ statement of profit or loss.
2.0 marks
Very good
Very good explanation of the effects
from the climate bonds debt
instrument on Shoppers’ future
years’ statement of profit or loss.
10
Shoppers’ future years’
statements of profit or
loss and financial
position.
2
marks
0 to .5 mark
Below expectations
Limited explanation of the effects
from the climate bonds debt
instrument on Shoppers’ future
years’ statement of financial
position.
Or
Not attempted.
1.0 mark
Reasonable
Reasonable explanation of the
effects from the climate bonds debt
instrument on Shoppers’ future
years’ statement of financial
position.
1.5 marks
Good
Good explanation of the effects
from the climate bonds debt
instrument on Shoppers’ future
years’ statement of financial
position.
2.0 marks
Very good
Very good explanation of the effects
from the climate bonds debt
instrument on Shoppers’ future
years’ statement of financial
position.
Part C (20 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 and Part B
responses, evidence
and/or academic
reference(s)
2 marks 0 to .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.
5 marks 0 to 2.0 marks
Below expectations
Poor attempt to develop an
argument that supports accounting
policy choice dictates the financial
reporting information presented in
entities’ financial statements.
Or
Not attempted.
2.5 to 3.0 marks
Reasonable
Reasonable attempt to develop an
argument that supports accounting
policy choice dictates the financial
reporting information presented in
entities’ financial statements.
3.5 to 4.0 marks
Good
Well-developed argument that
supports accounting policy choice
dictates the financial reporting
information presented in entities’
financial statements.
4.5 to 5.0 marks
Very good
Very well-developed argument that
supports accounting policy choice
dictates the financial reporting
information presented in entities’
financial statements.
5 marks 0 to 2.0 marks
Below expectations
Poor attempt to develop an
alternative argument point that
explains a different factor that
could also dictate financial
reporting information presented in
entities’ financial statements.
Or
Not attempted.
2.5 to 3.0 marks
Reasonable
Reasonable attempt to develop an
alternative argument point that
explains a different factor that
could also dictate financial
reporting information presented in
entities’ financial statements.
3.5 to 4.0 marks
Good
Well-developed alternative
argument point that explains a
different factor that could also
dictate financial reporting
information presented in entities’
financial statements.
4.5 to 5.0 marks
Very good
Very well-developed alternative
argument point that explains a
different factor that could also
dictate financial reporting
information presented in entities’
financial statements.
11
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
and Part B 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
and Part B 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 and Part B
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
and Part B answers and/or other
sources.
2 marks 0 to .5 mark
Below expectations
Poor conclusion and invalid
supporting reason(s) provided.
Or
Not attempted.
1.0 mark
Reasonable
Reasonable conclusion and
appropriate valid reason(s)
provided.
1.5 marks
Good
Good conclusion and appropriate
valid reason(s) provided.
2.0 marks
Very good
Very good conclusion and highly
appropriate valid reason(s)
provided.
Communication
Communication, style,
clarity of expression
including spelling,
grammar, punctuation
and proper referencing
using APA style.
2 marks
0 to .5 mark
Below expectations
Poorly written and incoherent, few
developed responses.
Poor or no use of APA referencing.
1.0 mark
Reasonable
Reasonably well written with some
coherent and developed responses.
Some correct application of APA
style and/or evidence of missing in-
text referencing and/or evidence of
indiscriminate or inappropriate use
of references.
1.5 marks
Good
Well written with coherent and
developed responses.
Mostly correct use of APA style and
reasonable application of both in-
text references and reference list.
2.0 marks
Very good
Very well written with coherent and
developed responses.
Mostly correct use of APA style and
reasonable application of both in-
text references and reference list.
学霸联盟
ACCT2011 Financial Accounting A
Semester 1 2021
Group Assignment Instructions and Guidelines
Completed Group Assignment: Due 5pm (Sydney time) Monday 17 May 2021
(Compulsory)
Draft Part A Response: Due 5pm (Sydney time) Monday 12 April 2021 (Optional)
A panel of practitioners will review and provide feedback on draft Part A responses. If your
group wishes to make use of the Practitioner Review Part A opportunity, submit your draft Part
A response by 5pm Monday 12 April 2021. No marks will be awarded for the Practitioner Review
Part A. Further information will be provided separately.
1. Background Information for Group Assignment
Shoppers Ltd (“Shoppers”) is a diversified listed Australian company whose operations include a chain
of retail stores in Australian capital and regional cities. As part of its 2050 zero carbon emission strategic
objective, Shoppers will issue 200,000 climate bonds on 1 July 2021. The climate bonds will have an
issue price of $98, a face value of $100 at their maturity date on 1 July 2026 and a coupon rate of 1.75%.
Shoppers will incur $150,000 of legal fees and underwriting costs on 1 July 2021 to issue the climate
bonds. In accordance with Shoppers Corporate Finance Model, the climate bonds will not be used for
derivative purposes nor repaid before their 1 July 2026 maturity date.
Shoppers is planning to use proceeds from the climate bonds debt issue to finance the acquisition and
installation of solar panels in their retail stores. The solar panels will be a new class of assets in Shoppers’
financial statements for the year ended 30 June 2022.
You are part of the Shoppers’ Climate Bonds Transaction Group and have been assigned the
responsibility of considering the accounting policy choice and financial reporting implications for the solar
panels and climate bonds debt instrument transactions.
2. Assignment Questions
Responses to the following questions will be considered on their ability to present relevant information
and develop well supported arguments. Do not submit a series of dot points. Please note Part C requires
your group to prepare a persuasive extended essay response. Marks will be awarded for content as well
as structure, and quality of the communication.
2
REQUIRED:
Your Part A and Part B responses are to be presented in a short answer format.
Part A (14 marks)
The Climate Bonds Transaction Group seeks your guidance about selecting accounting policies and
determining related estimates for the solar panel class of assets.
(a) Referring specially to paragraph references from relevant accounting standards, describe how
Shoppers should select the accounting policy for the solar panel class of assets and determine
any accounting estimates that would be necessary to apply the accounting policy to the solar
panel class of assets.
(b) Prepare an appropriate accounting policy disclosure note for the solar panel class of assets
which includes:
(i) suggested rates and amounts for the accounting estimates; and
(ii) reason(s) to justify the chosen accounting policy and related accounting estimates.
(c) Explain how the climate bond note holders could use the accounting policy disclosure note
information included in your Part A (b) answer to make decisions relating to their investment.
Incorporate a supporting example.
Part B (6 marks)
The Climate Bonds Transaction Group is uncertain about the accounting treatment of the climate bonds
under Australian accounting standards. Describe how the climate bonds debt instrument will:
(a) be classified and initially recognised in Shoppers’ financial statements. Cite paragraph
reference(s) from relevant accounting standards; and
(b) affect individual line items, account balances and total asset and liability amounts presented in
Shoppers’ future years’ statements of profit or loss and financial position.
Part C (20 marks)
Your Part C response is to be presented in an essay format.
“Accounting policy choice dictates the financial reporting information presented in entities’ financial
statements”
Discuss this statement. Your persuasive response should include:
• an introduction;
• one (1) for argument point supporting this statement;
• one (1) alternative argument point that explains a different factor that could also dictate the
financial reporting information presented in entities’ financial statements; and
• a conclusion that includes a final opinion and valid reason(s).
Both argument points are to be accompanied by supporting example(s) developed from your Part A
(including draft Part A response and feedback) and Part B responses, evidence and/or academic
reference(s)*#.
*Supporting examples from your Part A and Part B responses must explain in detail how and why it supports the argument
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 1 2021 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 the
Group Assignment Canvas page for guidance.
Including all footnotes, appendices, images and a reference list, total word limit for Part A, Part B
and Part C is 1,200 words.
3
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.
You are expected to use original words rather than copying and pasting information from
sources.
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 the Office of Educational
Integrity for further investigation and penalised if verified. You can read more information on what
plagiarism is and how to avoid plagiarism from the University link:
http://sydney.edu.au/students/academic-dishonesty-and-plagiarism.html
Students are reminded all sources of support for the group assignment 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 will 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 sign-up to a group via Canvas. Students will sign-up to groups during
their tutorial in Week 4 (Topic 3 Tutorial), in the week commencing 22 March.
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 assignment.
Although this report is not graded or weighted in the marking, non-completion will result in a
penalty of 20% of the maximum marks attainable.
In the group work report:
4
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 C.
Proof read Part A draft answer,
checked referencing.
25%
3) L Zhang 25/M/0Y Reviewed Part A answer. Prepared
alternative answer to Part C 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 B answer and
redrafted response to Part B 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).
5
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.
XX/XX/XX
Zoom meeting
J Smith
A Ng
L Zhang
N Chand
Comments on first draft; discussed all
suggested ideas for Part C and agreed
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
6
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 and the group work report as Microsoft
word files, using the cohort_tutorial number_GXX filename format. For example, if your group
is enrolled in the CC cohort, tutorial number 02 and allocated group number 04 in this tutorial
group, the filename for the group assignment will be CC_T02_G04_assignment.doc, and for the
group work report the filename will be CC_T02_G04_workreport.doc.
▪ The cohort, tutorial number, group number and SID of all group members must be included on the
first page of the group assignment and the group work report.
▪ The cohort, tutorial number and group number must appear in the header section of every page
for both the group assignment and the group work report.
▪ Your group assignment must not exceed 1,200 words including any footnotes, appendices,
images and a reference list. 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 1,200 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://business.sydney.edu.au/students/policy
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.
▪ Your assignment must be appropriately and properly referenced using the American Psychological
Association referencing style (or APA as it is more commonly known). The University of Sydney
library provides helpful guidance on using APA style referencing. Please refer to the library
resources for your assignment module on Canvas. You can also refer
http://libguides.library.usyd.edu.au/c.php?g=508212&p=3476096
7
6. Submission requirements
▪ The deadline for submission is 5pm (Sydney time) on Monday 17 May 2021. Please ensure you
submit well before the deadline in case there are problems.
▪ If you submit after the due date, a late penalty of 5% per day, or part thereof, including weekends,
will be applied. Furthermore, as noted in your unit of study outline, any group assignment submitted
beyond the closing date of 5pm (Sydney time) on 26 May 2021, will result in a mark of zero
▪ Both the group assignment and the group work report must be submitted in electronic form. No
submissions will be accepted via email.
▪ You will find the Group Assignment and Group Work Report portals under the Canvas
‘Assignment” link in the left toolbar on the Homepage. Click on this link, it will take you to the Group
Assignment Section where you will find the “Group assignment” portal and the “Group work report”
portal. Before you submit the work to each of these portals, please ensure that you have saved
the group assignment and the group work report under the correct filename format (i.e. filename
format cohort_tutorial number_GXX_group assignment.doc for the group assignment and
filename format cohort_tutorial number_GXX_workreport.doc 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 group member’s 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.
▪ One (1) 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 1,200 Turnitin word
count. Once you have successfully submitted your group’s assignment, take a screenshot of the
submission details. 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
7. Support
▪ You can post questions relating to the requirements of the group assignment on the Group
assignment Discussion Forum on Canvas. This would ensure all students have access to the same
information. It is assumed each student will read the queries and comments in the Group
assignment Discussion Forum (Note: Unit of Study teaching staff will not answer individual
questions and no questions will be answered during Q&A 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
8
Appendix 1 Assessment Criteria
Part A (14 marks in total)
Criteria Marks Scale
Part A (a)
Description of how
Shoppers should select
the accounting policy
and determine any
accounting estimates
for the solar panels
class of assets.
Paragraphs references
from relevant
accounting standards
included.
4 marks 0 to 1.5 marks
Below expectations
Limited description of how Shoppers
should select the accounting policy
and determine any necessary
accounting estimates for the solar
panel class of assets.
Incorrect technical references
included.
Or
Not attempted.
2.0 to 2.5 marks
Reasonable
Reasonable description of how
Shoppers should select the
accounting policy and determine
any necessary accounting estimates
for the solar panel class of assets.
Technical references attempted.
3.0 to 3.5marks
Good
Good description of how Shoppers
should select the accounting policy
and determine any necessary
accounting estimates for the solar
panel class of assets.
Some correct technical references
included.
4.0 marks
Very good
Very good description of how
Shoppers should select the
accounting policy and determine
any necessary accounting estimates
for the solar panel class of assets.
Several correct and appropriate
technical references included.
Part A (b)
Prepare an
appropriate
accounting policy note
for the solar panel
class of assets that
includes:
(i) suggested rates and
amounts for the
accounting estimates;
and
(ii) reason(s) to justify
the chosen accounting
policy and related
accounting estimates.
2 marks
0 to 0.5 mark
Below expectations
Accounting policy disclosure note
includes an inappropriate
accounting policy and related
estimates.
Or
Not attempted.
1.0 mark
Reasonable
Reasonable accounting policy
disclosure note for the solar panel
class of asset that is
understandable.
1.5 marks
Good
Well presented and good
accounting policy disclosure note
for the solar panel class of asset.
2.0 marks
Very Good
Well presented and comprehensive
accounting policy disclosure note
for the solar panel class of asset.
2 marks
0 to 0.5 mark
Below expectations
Limited or poor presentation of
suggested rates and amounts for
the accounting estimates.
Or
Not attempted.
1.0 mark
Reasonable
Reasonable presentation of some
suggested rates and amounts for
the accounting estimates.
1.5 marks
Good
Good presentation of suggested
rates and amounts for the
accounting estimates.
2.0 marks
Very Good
Comprehensive presentation of
several suggested rates and
amounts for the accounting
estimates.
2 marks 0 to 0.5 mark
Below expectations
Invalid reasons provided to justify
chosen accounting policy and
related accounting estimates.
Or
Not attempted.
1.0 mark
Reasonable
Attempt to include valid reasons to
justify the chosen accounting policy
and related accounting estimates.
1.5 marks
Good
Some valid reasons included to
justify the chosen accounting policy
and related accounting estimates.
2.0 marks
Very Good
Several valid reasons included to
justify the chosen accounting policy
and related accounting estimates.
9
Part A (c)
Explanation of how
climate bond note
holders could use the
solar panel’s
accounting policy
disclosure note
information to make
their investment
decisions supported by
an example.
4 marks 0 to 1.5 marks
Below expectations
Limited explanation of how climate
bond note holders could use the
solar panel’s accounting policy
disclosure note to make their
investment decisions.
Inappropriate example or no
attempt to explain supporting
example.
Or
Not attempted.
2.0 to 2.5 marks
Reasonable
Reasonable explanation of how
climate bond note holders could use
the solar panel’s accounting policy
disclosure note to make their
investment decisions.
Supporting example is somewhat
explained.
3.0 to 3.5 marks
Good
Good explanation of how climate
bond note holders could use the
solar panel’s accounting policy
disclosure note to make their
investment decisions.
Supporting example is reasonably
explained.
4.0 marks
Very good
Very good explanation of how
climate bond note holders could use
the solar panel’s accounting policy
disclosure note to make their
investment decisions.
Supporting example is well
explained.
Part B (6 marks in total)
Criteria Marks Scale
Part B (a)
Explanation of how the
climate bonds debt
instrument will be
classified and initially
recognised in
Shoppers’ financial
statements with
paragraphs from
relevant accounting
standards.
2
marks
0 to .5 mark
Below expectations
Limited explanation for
classification and initial recognition
of the climate bonds debt
instrument in Shoppers’ financial
statements.
No or incorrect technical references
included.
Or
Not attempted.
1.0 mark
Reasonable
Reasonable explanation for
classification and initial recognition
of the climate bonds debt
instrument in Shoppers’ financial
statements.
One correct paragraph from
relevant accounting standard(s)
included.
1.5 marks
Good
Good explanation for classification
and initial recognition of the climate
bonds debt instrument in Shoppers’
financial statements.
One correct paragraph from
relevant accounting standard(s)
included.
2.0 marks
Very good
Very good explanation for
classification and initial recognition
of the climate bonds debt
instrument in Shoppers’ financial
statements.
Correct paragraphs from relevant
accounting standard(s) included.
Part B (b)
Explanation of the
effects of the climate
bonds debt instrument
on individual line
items, account
balances and total
asset and liability
amounts present in
2
marks
0 to .5 mark
Below expectations
Limited explanation of the effects
from the climate bonds debt
instrument on Shoppers’ future
years’ statement of profit or loss.
Or
Not attempted.
1.0 mark
Reasonable
Reasonable explanation of the
effects from the climate bonds debt
instrument on Shoppers’ future
years’ statement of profit or loss.
1.5 marks
Good
Good explanation of the effects
from the climate bonds debt
instrument on Shoppers’ future
years’ statement of profit or loss.
2.0 marks
Very good
Very good explanation of the effects
from the climate bonds debt
instrument on Shoppers’ future
years’ statement of profit or loss.
10
Shoppers’ future years’
statements of profit or
loss and financial
position.
2
marks
0 to .5 mark
Below expectations
Limited explanation of the effects
from the climate bonds debt
instrument on Shoppers’ future
years’ statement of financial
position.
Or
Not attempted.
1.0 mark
Reasonable
Reasonable explanation of the
effects from the climate bonds debt
instrument on Shoppers’ future
years’ statement of financial
position.
1.5 marks
Good
Good explanation of the effects
from the climate bonds debt
instrument on Shoppers’ future
years’ statement of financial
position.
2.0 marks
Very good
Very good explanation of the effects
from the climate bonds debt
instrument on Shoppers’ future
years’ statement of financial
position.
Part C (20 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 and Part B
responses, evidence
and/or academic
reference(s)
2 marks 0 to .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.
5 marks 0 to 2.0 marks
Below expectations
Poor attempt to develop an
argument that supports accounting
policy choice dictates the financial
reporting information presented in
entities’ financial statements.
Or
Not attempted.
2.5 to 3.0 marks
Reasonable
Reasonable attempt to develop an
argument that supports accounting
policy choice dictates the financial
reporting information presented in
entities’ financial statements.
3.5 to 4.0 marks
Good
Well-developed argument that
supports accounting policy choice
dictates the financial reporting
information presented in entities’
financial statements.
4.5 to 5.0 marks
Very good
Very well-developed argument that
supports accounting policy choice
dictates the financial reporting
information presented in entities’
financial statements.
5 marks 0 to 2.0 marks
Below expectations
Poor attempt to develop an
alternative argument point that
explains a different factor that
could also dictate financial
reporting information presented in
entities’ financial statements.
Or
Not attempted.
2.5 to 3.0 marks
Reasonable
Reasonable attempt to develop an
alternative argument point that
explains a different factor that
could also dictate financial
reporting information presented in
entities’ financial statements.
3.5 to 4.0 marks
Good
Well-developed alternative
argument point that explains a
different factor that could also
dictate financial reporting
information presented in entities’
financial statements.
4.5 to 5.0 marks
Very good
Very well-developed alternative
argument point that explains a
different factor that could also
dictate financial reporting
information presented in entities’
financial statements.
11
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
and Part B 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
and Part B 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 and Part B
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
and Part B answers and/or other
sources.
2 marks 0 to .5 mark
Below expectations
Poor conclusion and invalid
supporting reason(s) provided.
Or
Not attempted.
1.0 mark
Reasonable
Reasonable conclusion and
appropriate valid reason(s)
provided.
1.5 marks
Good
Good conclusion and appropriate
valid reason(s) provided.
2.0 marks
Very good
Very good conclusion and highly
appropriate valid reason(s)
provided.
Communication
Communication, style,
clarity of expression
including spelling,
grammar, punctuation
and proper referencing
using APA style.
2 marks
0 to .5 mark
Below expectations
Poorly written and incoherent, few
developed responses.
Poor or no use of APA referencing.
1.0 mark
Reasonable
Reasonably well written with some
coherent and developed responses.
Some correct application of APA
style and/or evidence of missing in-
text referencing and/or evidence of
indiscriminate or inappropriate use
of references.
1.5 marks
Good
Well written with coherent and
developed responses.
Mostly correct use of APA style and
reasonable application of both in-
text references and reference list.
2.0 marks
Very good
Very well written with coherent and
developed responses.
Mostly correct use of APA style and
reasonable application of both in-
text references and reference list.
学霸联盟
