ACCT7102 Individual Case Study Assignment, Sem 2, 2021
Task Description:
This financial reporting case study is designed to examine the specific application of case
scenarios involving principally Topic 6 (Intangible Assets) and Topic 7 (Financial statement
management). The case will be used to examine your report writing skills, general
accounting knowledge, and ability to critically evaluate complex case scenarios.
NOTE: This case is to be undertaken individually, which means you are required to
independently prepare your assignment.
ADDITIONAL GUIDANCE
ACCT7102 Individual Case Study Assignment:
‘Paradis Sur Terre (Prister) Ltd’
(The case and questions are available for download from the ACCT7102 blackboard website,
‘Assessment’)
Weighting: 25% of final grade
Due Date: By 13:00, Wednesday 29 September 2021
Maximum Length: 1200 words
Individual or Group Task: Individual
1. Criteria & Marking.
A full marking criteria sheet is available from TurnItIn and will be discussed in class. In general,
the case will assess your:
? accuracy of answer and interpretation of relevant accounting standards;
? presentation of a thoughtful and well supported answer;
? clarity of analysis; and
? professional presentation (which will take into account grammar, appropriate use of
technical language, spelling and punctuation).
Your submission will also be judged on its suitability for presentation to a fee-paying client.
2. Plagiarism.
All cases will be reviewed for plagiarism and independent content. At the University of
Queensland, plagiarism is defined as follows:
Plagiarism is the act of misrepresenting as one's own original work the ideas, interpretations, words
or creative works of another. These include published and unpublished documents, designs, music,
sounds, images, photographs, computer codes and ideas gained through working in a group. These
ideas, interpretations, words or works may be found in print and/or electronic media.
ACCT7102 Individual Case Study Assignment, Sem 2, 2021
You are encouraged to read the UQ Student Integrity and Misconduct policy
(http://ppl.app.uq.edu.au/content/3.60.04-student-integrity-and-misconduct) which makes
a comprehensive statement about the University's approach to plagiarism, including the
approved use of plagiarism detection software, the consequences of plagiarism and the
principles associated with preventing plagiarism.
3. Late Submission.
An assignment (for which no extension has been granted) submitted after the due date and
time, will incur a late submission penalty. The penalty is at the rate of 5% (0.4 of a grade) of
the total available marks for that particular piece of assessment, for each calendar day or part
thereof that the item is overdue. Late assignments may be submitted through TurnItIn since
all assignments automatically have a time/date stamp of when they are submitted. However,
please contact the course coordinator if you are submitting a late assignment.
4. Length.
The maximum word limit is strictly 1200 words (excluding a reference list and any figures and
tables). Any material exceeding the word limit will not be read and the mark for the
assignment will be based on the material up to the point where the word limit was exceeded.
The total number of pages, including Appendices, should not exceed 10 pages.
5. Referencing Style.
You are required to use the Harvard referencing style for in-text citations and your reference
list. Details of the Harvard referencing style are available from the Library guide at:
http://web.library.uq.edu.au/research-tools-techniques/referencing/referencing-style-
guides#harvard. It is critical that the referencing style is consistently applied.
6. Format of Assignment
The assignment is to be prepared as a pdf document using 12 point font with 1.15 line spacing,
and 2.54cm margins (left, right, top and bottom). The questions may be included as headings
and will not be included in the word count. Please include your full name and student number
as part of the file name, e.g., ‘347185_Peter Do’.
7. Submission
The assignment is to be submitted through TurnItIn, which is available in a separate case study
assignment submission folder on the course’s blackboard website. If you experience
problems uploading your assignment before the due date please contact AskIT for help, and
continue to try to upload the assignment until you are successful. A link to the AskIT
instructions on TurnItIn is as follows:
assignments>. Note that assignment submission is a three-step process and it is your
responsibility to check the assignment preview and confirm that the assignment has been
successfully submitted. You will need to keep a copy of the Submission ID as proof you have
submitted the assignment. You can submit as many times as you want, and only the latest
submission will be marked.
ACCT7102 Individual Case Study Assignment, Sem 2, 2021
QUESTION ONE (8 marks)
QUESTION TWO (4 marks)
PROFESSIONAL AND EFFECTIVE WRITING SKILLS (4 marks)
QUESTION THREE (9 marks)
Answer the following questions after reading the case study material ‘Paradis Sur Terre
(Prister) Ltd’ available on the Blackboard site.
Discuss in details, with reference to relevant accounting standards, how Prister should
account for the different costs incurred in the project Gagner.
Discuss in details the proposal by the CFO to change the classification of the cryonics licence.
Are there any benefits or disadvantages in adopting this new classification for the company?
Your answer needs to refer to the relevant accounting standards.
Compute the non-GAAP core incomes from continuing operations for the financial year
ended 2020 (show all steps and explanations). With reference to the facts of the case, as
well as at least 2 high quality academic articles*, why do you think the management decide
to issue non-GAAP disclosures for 2020?
Marks will be allocated for effectiveness of the written communication, clarity of expression,
and referencing.
*For the purpose of this assessment, high quality academic articles are articles published in
the following journals:
Accounting Auditing and Accountability Journal
Accounting, Organizations and Society
Auditing: A Journal of Practice and Theory
British Accounting Review
Contemporary Accounting Research
Journal of Accounting and Economics
Journal of Accounting Research
Journal of Business Finance & Accounting
Journal of Management Accounting Research
Management Accounting Research
Review of Accounting Studies
The Accounting Review
The European Accounting Review
Abacus
Accounting and Business Research
Accounting and Finance
Accounting Horizons
Behavioral Research in Accounting
Critical Perspectives on Accounting
Journal of Accounting and Public Policy
Journal of Accounting Auditing and Finance
Journal of Accounting Literature
Case Study Assignment Questions
ACCT7102 Individual Case Study Assignment, Sem 2, 2021
Journal of Contemporary Accounting and
Economics
Journal of Financial Reporting
Journal of International Accounting Research
Qualitative Research in Accounting and
Management
The International Journal of Accounting
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