Are the annual reports in compliance with the conceptual framework and AASB standard requirements? ï‚· You need to use extracts from the annual reports to support your analysis. ï‚· Provide screen shots of the relevant sections from the reports in your assignment. ï‚· If they are not in compliance, explain the reason. ï‚· How the conceptual framework revision to include Prudence is likely to address the disparity in Corporate Reporting ï‚· You may find the explanations in the notes to the financial statements or in the Director’s Report. ï‚· Compare and contrast the two annual reports, identify the differences in disclosures of these corporations. ï‚· Reference to material of Advanced Accounting and a critical analysis of the annual reports is required. right to appeal.
The process is as follows:
1. Discuss the assessment with their tutor or lecturer – students should identify where they feel more marks should have been awarded – students should provide valid reasons based on the marking guide provided for the assessment. Reasons such as “I worked really hard” are not considered valid.
2. If still not satisfied, students should complete an Application for Review of Assessment Marks form, detailing the reason for review. This form can be found on the KOI website and is also available at KOI Reception (Market St).
3. Application for Review of Assessment Marks forms must be submitted as explained on the form within ten (10) working days of the return of the marked assessment, or within five (5) working days after the return of the assessment if the assessment is returned after the end of the trimester
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