Company Name: Kollakorn Corporation Limited. (KKL) {Technology, Hardware and Equipment}

Case Study
Due Date: 29th January 2018
Word limit: min 2000-3000 words.
Company Name: Kollakorn Corporation Limited. (KKL)
{Technology, Hardware and Equipment}
Description: The assignment should examine the main issues, including underlying theories,
implement performance measures used and explain the firm financial performance. You are strongly advised to reference professional websites, journal articles and text books in this assignment (case study).
Required:
This assessment task is a written report and analysis of the financial performance of a selected company in order to provide financial advice to a wealthy investor.
It will be based on financial reports of a listed company on the ASX (: Kollakorn Corporation Limited). This assignment requires students to undertake a comprehensive examination of a firm’s financial performance.
QUESTIONS
You are an investment adviser, working to build a foundation of wealth for your clients. One of your wealthiest clients already has a diversified portfolio, which includes managed funds, property; cash/fixed interest and a few direct share investments in Australia and around the world. The investor wishes to expand his/her portfolio and is considering your company’s share to add to the portfolio. (The investor has an extra $10 million that wishes to invest into your company).
The assignment is a written comprehensive report and analysis of the firms’ financial performance (including referencing).
You are required to do the following tasks:
1. Prepare a brief description of the company_ outli-ning the core activities, the market(s) in which it operates within and any factors in the companies’ history which you consider help present a -picture’ of your company_
4 marks
2. Specify ownership-governance structure of the company:
i) Name the main Substantial shareholders:
• With higher than 20.00% of shareholdings. Eased on this argument you should classify a firm as a family or non-family company, and
• With higher than 5.00% of shareholdings.
3 marks
ii) Name the main people invoked in the firm governance:
F.. The Chairman
F- Board members
F.- CEO.
o Whether any of these people have the same surname as any of substantial shareholders ( 20,b share capital). If yes- you could use this as an argument for the presence of an owner or family member(s) in the firm’s governance_
o Whether any of shareholders with more than 5% share capital are
involved in firm governance.
3 marks
3. Calculate the following key ratios for your selected company for the past 4 -years. Annual reports are accessible via company Nvebsites (show all working out):
i) Return on Assets (ROA) = (NPAT I Total Assets) Return on Equity (ROE) = (Net Profit Afler Tax i Ordinary Equity)
Debt Ratio = Total Liabilities Total Assets
EBIT x NPAT x TA = NPAT
TA EBIT OE OE
Be sure that you have ‘proven- dm above equation.
12 marks
ii) Explain what phenomenon is being —captured– by the variable TA’OE, and how it is impacting on the relationship between Return on Assets and Return on Oviners Equity.
4 marks
iii) Explain why the ROE (EBIT) is significantly greater than or less than the ROA
(EBIT).
4 marks
4. Using the infomiation from the ASX vebsite: www.asx.com.au you must complete the following tasks:
i) Prepare a i=aph chart for movements in the monthly share price over the last two years for the company that you are investigating_ Plot them against movements in the All Ordinaries Index_
6 marks
ii) Write a report which compares movements in the companies’ share price index to the All Ords Index_ For instance: how closely correlated is the line with the All Ards Index_ Above or below? More or less volatile?
6 marks
5_ Research via the internee or financiaLibusiness ,publicarions7
From research via the Internet (using credible sources) or financial-business publications, note any significant announcements which may have influenced the share price of your company_ These factors could include merger activities= divestitures= changes in management’s earnings forecasts, changes in analysts’ forecasts, unusual write-offs or abnormal items, macroeconomic factors, industry wide factors, significant management changes, changes in the focus of the company, impact of competitors or law suits etc_ (Restrict the number of announcements to 5)_
10 marks
6_ Go online to http://w10,-w_reuters_comlfinanreistocks! and type in the code for your company into the Search Stocks field and click on the magnifying glass button_
i) What is their calculated beta (13) for your company?
2 marks
ii) If the risk free rate is 4% and the market risk premium is 6%, use the Capital Asset Pricing Model (CAPM) to calculate the required rate of return for the companies’ shares.
4 marks
iii) Is the company you have chosen a -conservative’ in. vestment? Explain your
answer_
2 marks
7. Weighted Average Cost of Capital (WACC)
1) Using information from the latest company report for the company (i.e. interest rate on their major source of long-term loans) and the estimated cost of equity capital calculated (in part 6ii above), calculate the WACC for your company.
6 marks
ii) Explain the implications that a higher WACC has on management’s evaluation on prospective investment project&
4 marks
S. Consider the debt ratio for your company over the past two years:
i) Does it appear to be working towards the maintenance of a preferred optimal
capital structure? (i.e., does it appear to be -stable-?). Explain your answer.
4 marks
ii) What have they done to adjustfamend their gearing ratio? Increase or repay borrovim- gs? Issue or buy back shares? Has the Director’s Report given any information as to why they have made any adjustments?
4 marks
9. Dividend policy
Discuss what dividend policy of the management of the company appears to be
implemented. Explainany reason related to that particular dividend policy.
7 marks
10. Based on your analysis- above: write a letter of recommendation to your client: providing an explanation as why you would like to include this company in his her investment portfolio. Please refer to the ratio results calculated earlier and any other trends or factors that you believe to be important.
10 marks
11. Formal structure and referencing.
5 marks
Total = 100 Marks
GENERAL REQUIREMENTS
• The report must have an academic written structure including an introduction_ body and conclusion.
• This assignment must be completed INDIVIDUALLY.
• Use numbers in the body of the report (e.g., -5. Research via. the iaternee)_
• Provide an explanation on each of these issues (points) and explain how they
confirm the underlying theory, particularly related to the ownership, Emancial measures, risk-return, capital structure and dividend polic-y_
• You are required to submit the assignment on Blackboard
• You are required to submit this assignment to Turman. Please ensure the .;iruilarity score is under 15%.
Presentation of written work
• Please submit your assignment on time (Week 11).
• Please make sure that your name and surname (student ID), subject name, and code and lecture’s name are written on the cover sheet of the submitted assignment.
• You are required to use Times New Roman font, size 12 with 1.5 line spacing.
• Please insert page numbers into your assignment
• Please use 3 cm margins_

BUS105 Subject Name: Business Information Systems

Assessment Information
Subject Code: BUS105
Subject Name: Business Information Systems
Assessment Title: Length: Group Assignment: Security, privacy and future airport demands
Weighting: 100030% Words
Total Marks:
Submission: 30 Marks
Due Date: Monday 29th Jan 2018 15:55pm AEST (week 11)
Assessment Description
Software required: Microsoft office, i.e. the assignment is to be completed in Word and converted to a PDF file (see assignment submission section for more details). The report should be written in 12-point font with 1.5 line spacing.
NOTE: This assignment is to be done in a group of 2 to 4 students.
Your Instructions
The assignment has several sections shown below. You will be required to read relevant articles (some of which are provided) and write at least a paragraph for each answer. The report should be in your own words, and supported by the literature. A minimum of five (5) references should be listed, and Harvard referencing should be used.
Section 1. Introduction and overview of your group report, e.g. aims and summary. (100 words)
Section 2: Discuss current airport security methods. (200 words)
Section 3: Discuss the trade-off between security and privacy. (200 words)
Section 4: Discuss the trade-off between security and passenger delays & convenience. (200 words)
Section 5: Discuss possible innovations in security and recommendations with regard to future airports.
Comment on how security may be improved in the future, and at the same time avoid passenger delays. (200 words)
Section 6: Write a summary of your report.(100 words)
References: Note that you are expected to cite at least five references (sources of information). See the KBS Harvard referencing guide on the Portal, i.e.
http://elearning.kbs.edu.au/pluginfile.php/96066/course/section/20681/KBS_Harvard_Referencing_Conci se_Guide_v1_2015.pdf
Starting References:
http://www.bbc.com/future/story/20150519-how-airport-security-is-changing
http://w3.siemens.com/market-
specific/global/en/airports/integrated_it_solutions/documents/integrated_airport_solutions_brochure.pdf
http://fortune.com/2017/03/11/tascent-eye-scanning-airport-security/
https://www.fraserinstitute.org/sites/default/files/privacy-vs-security-does-a-trade-off-really-exist.pdf
https://ac.els-cdn.com/S2352146514000143/1-s2.0-S2352146514000143-main.pdf?_tid=9ac09c54c5c8-11e7-b196-00000aab0f6b&acdnat=1510285283_c73f7bfaf5a3df1197116bfed5a15b50
https://www.theatlantic.com/technology/archive/2016/01/the-convenience-surveillance-tradeoff/423891/
https://www.schneier.com/blog/archives/2008/01/security_vs_pri.html
https://www.prnewswire.com/news-releases/the-future-of-airport-security-passenger-screeningtransitioning-into-an-invisible-process-300135551.html
http://mashable.com/2013/08/29/future-airport-security/#rgA_TjPRyqqU
Airport of the future: No more lines at airport security
https://www.smithsonianmag.com/innovation/machine-future-airport-security-180957407/
http://www.airport-technology.com/features/feature78460/
Assignment Submission
Students must submit their individual analysis via Turnitin on Monday 29th January 2018 15:55pm AEST.
This file must be submitted as a ‘PDF’ document to avoid any technical issues that may occur from incorrect file format upload. Uploaded files with a virus will not be considered as a legitimate submission. Turnitin system will notify you if there is any issue with the submitted file. In this case, you must contact your lecturer via email and provide a brief description of the issue and a screen shot of the Turnitin error message.
Students are also encouraged to submit their work well in advance of the time deadline to avoid any possible delay with Turnitin similarity report generation or any other technical difficulties.
Late assignment submission penalties
Penalties will be imposed on late assignment submissions in accordance with Kaplan Business School “late assignment submission penalties” policy.
Number of days Penalty
1*-9 days 5% per day for each calendar day late deducted from the student’s total marks
10-14 days 50% deducted from the student’s total marks.
After 14 days Assignments that are submitted more than 14 calendar days after the due date will not be accepted and the student will receive a mark of zero for the assignment(s).
Note Notwithstanding the above penalty rules, assignments will also be given a mark of zero if they are submitted after assignments have been returned to students
*Assignments submitted at any stage within the first 24 hours after deadline will be considered to be one day late and therefore subject to the associated penalty
If you are unable to complete this assessment by the due date/time, please refer to the“ Special Consideration Application”, which is available at
http://www.kbs.edu.au/wp-content/uploads/2015/12/KBS-Assessment-Policy-v4.2.
Rubric in turnitin
Criteria Fail
Pass
Credit
Distinction
HD
Content and
understanding
(25%) Understanding of the project
Key points left out. No grasp of the security issues and how technology may impact privacy. Includes some issues but analysis glossed over. Includes all issues, analysis and
recommendations
but with little elaboration. Not completely justified. Builds convincing argument showing how key issues,
analysis and recommendations are integrated together. Builds convincing argument showing how all key points are integrated together. Uses examples to elaborate the key points about airport security, privacy, and future airports.
Research and evidence (25%) Evidence of analysis and 3rd party support No references to any sources. Some discussion and analysis shown, however use of references may be moderate. Very little
justification of ideas and minimal research and/discussion evident. Background research and analysis of airport security, privacy and passenger delay issues is clearly identifiable. All sections of report present. Evidence of extensive research and analysis:
journals, verified websites, primary research. Used references to justify analysis,
recommendations and other parts of the report.
Able to use references to back up analysis and other sections of the report.
Recommendations clearly come from the analysis airport security, privacy, and future airports. Application of the ideas is clear and engaging.
Synthesis and conclusion
(25%) Recommendations Recommendations missing Recommendations
very general in nature and not necessarily easy to implement and/or not related to the rest of the report. Recommendations given in a way that they could be
implemented and
partially related to the challenges of airport security, privacy, and passenger flow at future airports. Recommendations
are practical, feasible and are related to the challenges of airport security, privacy and passenger flow at future airports. Recommendations
can easily be implemented and
are clearly related to the challenges of airport security, privacy and passenger flow at future airports.
Introduction,
Summary &
Structure
(25%) Organisation Introduction missing or underdeveloped and/or no clear summary.
Reader has no idea what the assessment is about.
No structure to the assessment.
Reader cannot follow sequence. Ideas not focused. Reader may have
difficulty following arguments.
Main points generally present, but could be difficult to identify.
Weak discussion of ideas. Summary brief and doesn’t tie in with what was introduced.
Provides purpose for assessment, highlights and interprets key issues, however report not integrated.
Main ideas presented in logical manner. Flow of report adequate. Main ideas presented in logical manner. Flow of report smooth.
Shows consistency between airport security issues and other parts of the report.
Engaging report. The purpose of the assessment is clear in all stages.
Summary is clear and relates back to the other sections. Ideas clearly organised & logical so the reader can follow easily.
Important Study Information
Academic Integrity Policy
KBS values academic integrity. All students must understand the meaning and consequences of cheating, plagiarism and other academic offences under the Academic Integrity and Conduct Policy.
For details on academic integrity policies and penalties, the reassessment process, and the appeals process, please refer to http://www.kbs.edu.au/current-students/student-policies/.
Word Limits for Written Assessments
Submissions that exceed the word count by more than 10% will cease to be marked from the point at which that limit is exceeded.
Study Assistance
Students may seek study assistance from their local Academic Success Centre representative or refer to the study help on the MyKBS Academic Success Centre page. You can find this by clicking on the top page toolbar:
My Services Academic Success Centre Study Support Resources

General Information This is an individual assignment. No group work is allowed.

General Information
This is an individual assignment. No group work is allowed.
The softcopyof the assignment must be submitted online in Moodie as well as Turnitin. In addition, the hardcopy must be handed in to the Lecturer by the following class.
Topic:
Laux and Leuz (2009)* discuss the crisis of fair value accounting following recent international financial turmoils. Discuss what those crises arc and whether the current requirements of IFRS accounting standards contribute to the problem. (-Laux, C., Leuz, C. (2009) ‘The crisis of fair-value accounting: Making sense of the recent debate’, Accounting, Organizations and Society, 34, pp. 826-834) Use this research paper as a starting point for your research. There are many other relevant articles in the reference list of this paper to guide you. A minimum of five (5) additional relevant journal articles must be used and quoted in your assignment.
Referencing and style
• The essay should include Abstract, Introduction, Main body, Conclusion and Reference List. Please do in-text reference according to Harvard style.
• Assignment must be typed using Word document and double-spaced and Times New Roman with 12 font size
• The required referencing style Is Harvard
• Submission of this assignment by due date (as advised by the local lecturer) is compulsory for successful completion of the subject. The identical electronic copy must be submitted through Turnitja by due date. The printed copy can be submitted to your lecturer at the conclusion of the lecture you normally attend after the due time.
• You cannot withdraw an assignment from Tigoion after the due date.
• Late penalty will apply to all late submissions accordingly.
Assessment criteria to be applied on Assessments
Marking Criteria

General • The assignment was designed to provide an opportunity for students to apply relevant common law and statutes.

General
• The assignment was designed to provide an opportunity for students to apply relevant common law and statutes.
• Students should be graded out of 35.
• Please mark using the criteria outlined in the Course Description.
• I expect the a range of grades expressed based on the following considerations as to grade:
o The best performing students (D – HD) will have answered all questions well and appropriately, and backed up their statements well with appropriate research
o Lesser performing students (P – C) will have answered most of the questions fairly well (take into consideration the specific advice below). They may have made a few minor mistakes, but show at least a passable understanding of the issues discussed below in the specific advice.
o Students who fail will be those students who have not answered the questions, and who do not demonstrate a passable understanding of the issues set out below.
Please feel free to contact me if any marking issues arise that might require my input.
Below I have provided specific advice relating to the three questions.
Specific advice
Part A
P is a lifelong fan of the ABC Football Club. While watching a game, P was hit by a stray ball which broke P’s glasses. Please explain who P sue, if anyone? The player? The coach? The local council which owns the football ground? The football club? Please refer to case law in your explanation. (10 marks)
• In regards to the local council, students should refer to Bolton v Stone (1951) which had similar facts. In that situation, the House of Lords found that the risk of the ball actually striking someone was so small that in the circumstances a reasonable person was justified in ignoring it. However, part of the reason he or she would be so justified would be because the task of making the activity safe was extremely expensive- The fence would have had to be extremely high to prevent that type of accident. The court said that the reasonable person only has to take reasonable precautions against the risk and that it is important to balance the likelihood of the occurrence against the cost of eliminating the risk. In this case, to make spectators completely safe from injury would require a high fence around the entire ground- an expensive and potentially dangerous proposition. What would happen if a fire or a fight broke out in the stands and spectators could not escape onto the ground? Reasonable precautions in this instance might have been taken by the local council which owned the ground
• Potential action against a player would probably involve the argument that it was negligent to misdirect the ball into the stands, or negligent of another player to fail to intercept it. It could easily be argued that both of these risks are inherent in the game of football and could not be called a failure to comply with a standard of care. If the act of the player happened in the normal course of the game, the player would most likely not be negligent.
• The coach would be unlikely to recommend to the players to hit the ball into the stands, so it is difficult to determine the basis on which the coach would be negligent.
• It is also unlikely that the football club would be held to be negligent. It would be necessary to show that the club provided direction to direct the ball into the audience in certain circumstances
Part B
A lawnmower explosion in the front yard of a house due to a faulty fuel tank caused the following damage or injuries:
(1) Ann, a pedestrian, suffered fractured legs and severe cuts. She was unable to work for three months
(2) Bruce, the owner, was burned. He was unable to work for six months, and incurred heavy medical expenses. Bruce also had to replace the windows and the front fence of his house.
(3) Computer disks containing data supplied by Eric, which were being worked on by Bruce’s wife Carol, were stored in the front room. They were destroyed by the explosion.
Bruce had bought the mower from Hank’s Hardware. Hank’s had bought it from Distributors Ltd., which had bought it from the assembler, Mower Ltd. The petrol engines were imported from Korea.
Please answer all 4 questions below (25 marks)
1. Referring only to the common law duty of negligence, would Ann and/or Carol be able to sue Bruce?
This is unlikely as it is unlikely Bruce breached any duty of care
2. Referring only to the common law duty of negligence, explain the basis of any liability in the tort of negligence that Hank’s, Distributor and Mower might have to Ann, Bruce and Carol. Also consider the possibility of any defences
• Duty of care?
o The parties would most likely owe a duty of care to pedestrians (Ann), as the mower is a piece of equipment used outside, it is likely it would be reasonably foreseeable that a pedestrian might be injured
o The parties would most likely owe a duty of care to Bruce. It would be reasonably foreseeable that he might be injured
o It is arguable as to whether the parties would have a duty of care to Carol and whether it was reasonably foreseeable that she might be affected by any breach
• Breach of duty? It is unclear whether the suppliers unreasonably failed to take precautions against the fuel tank being faulty.
• Harm caused by breach? If breach of duty can be proved, there seems a strong connection between the harm caused and any breach
• Defences? While it could be argued that Ann and Bruce in particular have voluntarily assumed risk, it is unlikely they would be aware that the fuel tank might explode
3. Does Ann, Bruce, and Carol have any possible rights under Part 3-5 of ACL against Hank’s, Distributors Ltd. or Mower Ltd.?
• Ann and Carol- No. They do not appear to be affected persons. They have not acquired the goods or derived title to them.
• Bruce- Yes
o Consumer (s3)
o The goods have a safety defect (s9)
o S138- Liable for loss or damage suffered by individual
o S141- Windows and fence

4. Could Hank’s, Distributors Ltd. or Mower Ltd. raise any possible defences under the ACL?
• Students should consider s142
• Perhaps (c)- The state of scientific or technical knowledge at the time when the goods were supplied by their manufacturer was not such as to enable that safety defect to be discovered.

Assessment Information 2 Subject Code: Subject Name: Assessment Title: Length: Weighting: Total Marks: Submission: Due Date: HAT303 Accommodation Management

Assessment Information 2
Subject Code: Subject Name: Assessment Title: Length: Weighting: Total Marks: Submission: Due Date: HAT303
Accommodation Management
Individual Proposal
1700 words (+/- 10% allowable range)
40%
100
Online via Turnitin
Week 11
Assessment Description
Imagine that you have been appointed as a consultant for a global hotel chain and have been asked to develop a proposal for outsourcing some of the services within the hotel to reduce costs, and consider the use of external expertise. You are to develop this proposal for the board of senior management:
1. Select a department within the hotel and investigate it in depth.
2. Identify the roles, tasks and functions of the department, within the context of Accommodation Management and how these are managed.
3. Consider the role of the customer and the customers needs related to this department and the steps the Accommodation Manager (of the department) takes to ensure the Hotel is meeting the customers’ needs and creating a positive experience
4. Finally, discuss whether outsourcing is a viable solution for this department. What are the benefits and the drawbacks of moving to an outsourced organisation/solution for this department?
5. Offer recommendations for moving forward.
Your proposal should consider a wide range of resources. You should research using all of these sources: Internet, library texts and educational journals to clarify your position. You should refer to material from at least 10 credible sources such as research books (not text), journal articles (online journal articles) and at web sites (general websites). Ibis world reports can also assist you in identifying hotel chain that may have outsourced departments and operations to others. Based on these readings, you should prepare an informed business proposal.
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Assessment Information

4. Following are the main topics of your research from which group will choose any ONE:

Group Assignment: Assessment criteria

Due: Week 12 (Fri) ASSESSMENT
Weighting: 25%
Length: Maximum of 10 pages or 3000 Words
3
4. Following are the main topics of your research from which group will choose any ONE:
– Economic Growth of Australia in last 3 to 5 years
– Unemployment in Australia last 5 years
– Fiscal Policy of Australian government in last 3 to 5 years
– Australian current debate/Policy on renewable energy
– Carbon Tax/ETS debate in Australia
– Reforms in Meat, Agriculture, Education and Tourism Industry in
Australia (Choose Onl One ndustr out of thi list)
Postgraduate Program HI5003 Economics for Business
5. Groups need to come and talk to their lecturer by Week 7 the latest, andadvise their chosen topic before they start.
6. Following is the structure of the essay:
– Introduction 300 words
– Body 2500 words discussing and analyzing the research and the application
– Conclusion 200 words. Final comments on the topic and group’s findings (Pl see the list of topics and structure under additional readings)
TOTAL 25%
The use of appropriate referencing is expected and will be assessed.
Students need to submit ONLY SOFT copy of the assignment with all the group members details on BB by that time.
Postgraduate Program HI5003 Economics for Business

HA 3011 Advanced Financial Accounting Assessment item 2 — Assignment

HA 3011 Advanced Financial Accounting Assessment item 2 — Assignment
Due date: Week 10
Weighting: 20%
Assessment Task Part A (10 Marks)
In the excel file “Find Your Company” you will find the listed company you have been given for this course. This file will be made available on Friday of Week 4. Complete this assignment for the company you have been given. Please be careful to use the listed company you have been given. Your assignment will not be marked if you use a different company to the one you have been given; and you will be asked to resubmit your assignment using the right company.
Go to the website of your company, by clicking on the URL next to your company in the list of companies in the file “Your Company”. Then go to the Investor Relations section of the website. This section may be called, “Investors”, “Shareholder Information” or similar name.
In this section, go to your firm’s annual reports and save to your computer your firm’s latest annual report. For example, these may be dated 30 June 2015 or 31 March 2016. Do not use your firm’s interim financial statements or their concise financial statements. You are need to do the following tasks:
Please read the relevant footnotes of your firm’s financial statements carefully and include information from these footnotes in your answer.
Within your firm’s latest annual report
(i) From your firm’s annual report find out the asset/s that your firm has tested for impairment.
(ii) How did your firm conduct the impairment testing?
(iii) Has your firm recorded any impairment expenditures during the period?
(iv) Identify the key estimates and assumptions used by your firm in conducting the impairment testing.
(v) Do you find any sort of subjectivity involved in the impairment testing process? How can this subjectivity influence the outcome of the impairment testing?
(vi) What do you find interesting, confusing, surprising or difficult to understand about the impairment testing?
(vii) What new insights, if any, have you gained about how companies conduct impairment testing?
(viii) Based on your assignment, comment on the “fair value measurement”.
For your understanding of the impairment testing process, you may download and read the following articles using ProQuest:
1.
Md Khokan Bepari, Sheikh F. Rahman, Abu Taher Mollik, (2014) -Firms’ compliance with the disclosure requirements of IFRS for goodwill impairment testing: Effect of the global financial crisis and other firm characteristic s-, Journal
of Accounting & Organizational Change, Vol. 10 Issue: 1, pp.116- 149, https://doi.org/10.1108/JAOC-02-2011-0008
2. Carlin, T.M. and Finch, N. (2010), “Resisting compliance with IFRS goodwill accounting and reporting disclosures evidence from Australia”, Journal of Accounting & Organizational Change, Vol. 6 No. 2, pp. 260-280. [Google Scholar] [Link] [Infotrieve]
3. Carlin, T.M. and Finch, N. (2011), “Goodwill impairment testing under IFRS: a false impossible shore?”, Pacific Accounting Review, Vol. 23 No. 3, pp. 368-392. [Google Scholar] [Link] [Infotrieve]
4. Carlin, T.M., Finch, N. and Laili, N.H. (2009), “Goodwill accounting in Malaysia and the transition to IFRS – a compliance assessment of large first year adopters”, Journal of Financial Reporting & Accounting, Vol. 7 No. 1, pp. 75-104. [Google Scholar] [Link] [Infotrieve]
Assessment Task Part B (10 Marks)
In an address entitled ‘introductory comment to the European parliament’ (made in Brussels, Belgium) on 11 January 2016, the Chairperson of the IASB, Hans Hoogervorst, made the following comments in relation to the new accounting for leases (as reported 11 January 2016 on the IASB website at www.ifrs.org):
I would like to make some comments about our upcoming Leases Standard, which we will publish the day after tomorrow. Currently, listed companies around the world have around 3 trillion euros’ worth of leases, especially in sectors such as the airline industry, retail and shipping. Under current accounting requirements, over 85 per cent of these leases are labelled as operating leases and are not recorded on the balance sheet. Clearly, the accounting today does not reflect economic reality. Despite operating leases being off balance sheet, there can be no doubt that they create real liabilities. During the financial crisis, some major retail chains went bankrupt because they were unable to adjust quickly to the new economic reality. They had significant long-term operating lease commitments on their stores, and yet had deceptively lean balance sheets. In fact, their off balance sheet lease liabilities were up to 66 times greater than the debt reported on their balance sheet. Moreover, the current accounting for leases leads to a lack of comparability. An airline that leases most of its aircraft fleet looks very different from its competitor that bought most of its fleet, even when in reality their financing obligations may be very similar. There is no level playing field between these companies. These problems will be resolved in the upcoming Leases Standard. All leases will be recognised as assets and liabilities by lessees. The accounting will better reflect the underlying economics. This change is expected to affect roughly half of all listed companies and will not be popular with everyone. Accounting changes are often controversial and can be met with warnings of adverse economic effects and costs of system changes. The IASB has looked at all these possible risks very carefully and we will publish a detailed effect analysis on the Standard. Our conclusion is that the risks and costs of the new Leases Standard are manageable. First of all, IFRS 16 will not put the leasing industry out of business. Leases will remain attractive as a flexible source of finance. It will remain appealing to companies to lease assets so that they do not bear the risks of owning them. While the cosmetic accounting benefits of leasing will disappear, the real business benefits of leasing will not change as a result of the new Standard. We do not deny there will be costs involved in updating systems to implement the new Leases Standard, but
we have done our best to keep these costs to a minimum. For example, we are not requiring companies to recognise assets and liabilities for short term and small ticket leases. This should be especially beneficial for smaller companies. In sum, we expect the benefits of the new Leases Standard to greatly outweigh its costs. The new visibility of all leases will lead to better informed investment decisions by investors, and to more balanced lease-versus-buy decisions by management. IFRS 16 will lead to improved capital allocation, which should be beneficial for economic growth.
Requirements
(i) Explain why the chairperson of the IASB believes that the former accounting standard for leases did ‘not reflect economic reality’?
(ii) Explain the reason why, under the former accounting standard, reporting entities’ ‘off balance sheet lease liabilities were up to 66 times greater than the debt reported on their balance sheet’.
(iii) Why does the Chairperson of the IASB argue that under the former accounting standard for leases there was ‘no level playing field’ between some airlines companies?
(iv) Why do you think the Chairperson of the IASB said that the new accounting standard for leases ‘will not be popular with everyone’? What would cause this unpopularity?
(v) What are some of the possible reasons why the chairperson of the IASB would say “the new visibility of all leases will lead to better informed investment decisions by investors, and to more balanced lease versus buy decisions by management?
ASSIGNMENT MUST BE MAKE ON BELOW COMPANY DETAILS:
COMPANY NAME: Austbrokers Holdings Limited
COMPANY ASX CODE: AUB

Business Statistics and Data Analysis

Business Statistics and Data Analysis

Assignment – Brief 

You have been accepted as an intern in a real estate company based in the heart of Sydney CBD. Your first job is to conduct an analysis of the current state of the Sydney rental market in various suburbs, particularly those with a significant number of international students like Sydney CBD, Ashfield, Strathfield, Parramatta, Epping, Eastwood, Hurstville, Bankstown, Chatswood, and so forth.

  1. Choose 5 different suburbs. For each suburb, collect data of ten 2-bedroom units / apartments for rent from a real estate website (realestate.com.au or domain.com.au). You are to record the following information about each of the 10 units for rent in each suburb:
  2. Number of bedrooms
  3. Number of bathrooms
  4. Dishwasher (yes / no)
  5. Walking distance to nearest train station (in minutes)
  6. Minimum total travel time to Sydney Opera House by public transport (in minutes – according to weekday normal timetables)
  7. Rent per week ($)
  8. Determine and provide explanations for measurement levels of data specified above from (a) to (f).
  9. List and present the data collected in a table by suburb. Also list the source where you obtained the data.
  10. Compute the 5-number summary for the weekly rent for each suburb.
  11. Briefly compare the weekly rent across different suburbs in terms of both central tendency and variability.

Combine data from the 5 chosen suburb in an Excel spreadsheet and use this combined sample to answer the following questions. 

  1. A recent industry report indicates that units with premium weekly rent (more than $500 per week) are more likely to include dishwasher in the property than lower-priced units. Analyse your sample and examine whether it is indeed the case for Sydney. Show the steps in your analysis (including justification for choice of techniques used and all calculations) and report your findings clearly.
  2. It is a common perception that tenants are willing to pay more for properties with easy access to major means of transport like train stations. Explore the relationship between walking distances to train stations and rent per week for two-bedroom units/apartments. Use an appropriate graph and technique (including justification of choice of graph) and report your findings (including all output from Excel and interpretation of results).
  3. Construct a 95% confidence interval for the average weekly rent in Sydney.
  4. Another team based on Melbourne recently conducted a similar analysis for the market in Melbourne and are kind enough to share the data with you. Latest data from the team indicates that the average rent for 2-bedroom units in Melbourne is from $340 to $380 per week with a confidence level of 95%.

How does the confidence interval compare for the two markets (Sydney and Melbourne)? What inference can you draw from this comparison?

  1. A recent study has claimed that the minimum weekly rent for a two-bedroom apartment in Sydney is $650. Use your sample data to test this claim. Report your findings with clear conclusions and all supporting calculations.

Business Statistics and Data Analysis

Assignment – Brief 

You have been accepted as an intern in a real estate company based in the heart of Sydney CBD. Your first job is to conduct an analysis of the current state of the Sydney rental market in various suburbs, particularly those with a significant number of international students like Sydney CBD, Ashfield, Strathfield, Parramatta, Epping, Eastwood, Hurstville, Bankstown, Chatswood, and so forth.

  1. Choose 5 different suburbs. For each suburb, collect data of ten 2-bedroom units / apartments for rent from a real estate website (realestate.com.au or domain.com.au). You are to record the following information about each of the 10 units for rent in each suburb:
  2. Number of bedrooms
  3. Number of bathrooms
  4. Dishwasher (yes / no)
  5. Walking distance to nearest train station (in minutes)
  6. Minimum total travel time to Sydney Opera House by public transport (in minutes – according to weekday normal timetables)
  7. Rent per week ($)
  8. Determine and provide explanations for measurement levels of data specified above from (a) to (f).
  9. List and present the data collected in a table by suburb. Also list the source where you obtained the data.
  10. Compute the 5-number summary for the weekly rent for each suburb.
  11. Briefly compare the weekly rent across different suburbs in terms of both central tendency and variability.

Combine data from the 5 chosen suburb in an Excel spreadsheet and use this combined sample to answer the following questions. 

  1. A recent industry report indicates that units with premium weekly rent (more than $500 per week) are more likely to include dishwasher in the property than lower-priced units. Analyse your sample and examine whether it is indeed the case for Sydney. Show the steps in your analysis (including justification for choice of techniques used and all calculations) and report your findings clearly.
  2. It is a common perception that tenants are willing to pay more for properties with easy access to major means of transport like train stations. Explore the relationship between walking distances to train stations and rent per week for two-bedroom units/apartments. Use an appropriate graph and technique (including justification of choice of graph) and report your findings (including all output from Excel and interpretation of results).
  3. Construct a 95% confidence interval for the average weekly rent in Sydney.
  4. Another team based on Melbourne recently conducted a similar analysis for the market in Melbourne and are kind enough to share the data with you. Latest data from the team indicates that the average rent for 2-bedroom units in Melbourne is from $340 to $380 per week with a confidence level of 95%.

How does the confidence interval compare for the two markets (Sydney and Melbourne)? What inference can you draw from this comparison?

  1. A recent study has claimed that the minimum weekly rent for a two-bedroom apartment in Sydney is $650. Use your sample data to test this claim. Report your findings with clear conclusions and all supporting calculations.

 

Identifying and assessing the financial statement analysis by Understanding the financial ratios, directors report and ethical standards

The objective of this project is to provide you with an opportunity to assess the company’s financial position and analyse according to the given data in Annual report.
Part 1: Annual report from ASX listed company, Explain FY (2016-2017) with the comparison of previous 02 financial years: Marks-3X3=09

a. P/L statement b. Cash flow statement c. Balance sheet

Part 2: Ratio Analysis: Marks-1.5X4=06

Explain FY (2016-2017) with the comparison of previous 02 financial years. Following ratios should be calculated according to the information given in the annual report. Profitability ratio, Efficiency ratio, Liquidity Ratio, Rate of Return

a. Profitability Ratio: Return on Assets= Net Profit + Interest (Net of Income Tax) Average Total Assets b. Efficiency Ratio: Inventory Turnover= COGS Average Inventory

c. Liquidity Ratio: Current Ratio = Current Assets Current Liabilities d. Rate of Return:

Earning per Shares = Net Profit-Preference Dividends Weighted average number of Ordinary Shares issued
Part 03: Based on the directors’ report, explain how the management works for the best interest of the company. Ethical standards need to be mentioned. If you are an investor, are you going to invest on this company? Why or Why not? Marks-05
Detail Instructions of the Assignment by comparing previous 02 financial years
Part 01: ? Analyse Profit and Loss with previous year’s figures and competitors from the same industry ? Analyse Cash flow statement to show their Financing/operating/investing activities. Explanation of each activities ? Analyse B/Sheet to show company’s financial position of the company

Part 02: Calculate the ratios based on the information from Annual Report and briefly explain.
Part 03: ? Corporate governance statements and the practice of the integrity policy inside the business. ? Management’s approach towards: ? Taking and managing business risks. ? Attitudes and actions toward financial reporting. ? Attitudes toward information processing and accounting functions and personnel.

Additional Factors that you may consider include:
? Business operations ? Investments and investment activities ? Financing and financing activities ? Industry size ? Major players/competitors ? Market shares of Industry players 

subject name =ADvance financial accounting

HA 3011 Advanced Financial Accounting Assessment item 2 — Assignment Due date: 11.00pm Friday Week 10 Weighting: 20% Assessment Task Part A (10 Marks) In the excel file “Find Your Company” you will find the listed company you have been given for this course. This file will be made available on Friday of Week 4. Complete this assignment for the company you have been given. Please be careful to use the listed company you have been given. Your assignment will not be marked if you use a different company to the one you have been given; and you will be asked to resubmit your assignment using the right company. Go to the website of your company, by clicking on the URL next to your company in the list of companies in the file “Your Company”. Then go to the Investor Relations section of the website. This section may be called, “Investors”, “Shareholder Information” or similar name. In this section, go to your firm’s annual reports and save to your computer your firm’s latest annual report. For example, these may be dated 30 June 2015 or 31 March 2016. Do not use your firm’s interim financial statements or their concise financial statements. You are need to do the following tasks: Please read the relevant footnotes of your firm’s financial statements carefully and include information from these footnotes in your answer. Within your firm’s latest annual report (i) From your firm’s annual report find out the asset/s that your firm has tested for impairment. (ii) How did your firm conduct the impairment testing? (iii)Has your firm recorded any impairment expenditures during the period? (iv)Identify the key estimates and assumptions used by your firm in conducting the impairment testing. (v) Do you find any sort of subjectivity involved in the impairment testing process? How can this subjectivity influence the outcome of the impairment testing? (vi)What do you find interesting, confusing, surprising or difficult to understand about the impairment testing? (vii) What new insights, if any, have you gained about how companies conduct impairment testing? (viii) Based on your assignment, comment on the “fair value measurement”. For your understanding of the impairment testing process, you may download and read the following articles using ProQuest: 1. Md Khokan Bepari, Sheikh F. Rahman, Abu Taher Mollik, (2014) “Firms’ compliance with the disclosure requirements of IFRS for goodwill impairment testing: Effect of the global financial crisis and other firm characteristics”, Journal of Accounting & Organizational Change, Vol. 10 Issue: 1, pp.116- 149, https://doi.org/10.1108/JAOC-02-2011-0008 2. Carlin, T.M. and Finch, N. (2010), “Resisting compliance with IFRS goodwill accounting and reporting disclosures evidence from Australia”, Journal of Accounting & Organizational Change, Vol. 6 No. 2, pp. 260-280. [Google Scholar] [Link] [Infotrieve] 3. Carlin, T.M. and Finch, N. (2011), “Goodwill impairment testing under IFRS: a false impossible shore?”, Pacific Accounting Review, Vol. 23 No. 3, pp. 368-392. [Google Scholar] [Link] [Infotrieve] 4. Carlin, T.M., Finch, N. and Laili, N.H. (2009), “Goodwill accounting in Malaysia and the transition to IFRS – a compliance assessment of large first year adopters”, Journal of Financial Reporting & Accounting, Vol. 7 No. 1, pp. 75-104. [Google Scholar] [Link] [Infotrieve] Assessment Task Part B (10 Marks) In an address entitled ‘introductory comment to the European parliament’ (made in Brussels, Belgium) on 11 January 2016, the Chairperson of the IASB, Hans Hoogervorst, made the following comments in relation to the new accounting for leases (as reported 11 January 2016 on the IASB website at www.ifrs.org): I would like to make some comments about our upcoming Leases Standard, which we will publish the day after tomorrow. Currently, listed companies around the world have around 3 trillion euros’ worth of leases, especially in sectors such as the airline industry, retail and shipping. Under current accounting requirements, over 85 per cent of these leases are labelled as operating leases and are not recorded on the balance sheet. Clearly, the accounting today does not reflect economic reality. Despite operating leases being off balance sheet, there can be no doubt that they create real liabilities. During the financial crisis, some major retail chains went bankrupt because they were unable to adjust quickly to the new economic reality. They had significant long-term operating lease commitments on their stores, and yet had deceptively lean balance sheets. In fact, their off balance sheet lease liabilities were up to 66 times greater than the debt reported on their balance sheet. Moreover, the current accounting for leases leads to a lack of comparability. An airline that leases most of its aircraft fleet looks very different from its competitor that bought most of its fleet, even when in reality their financing obligations may be very similar. There is no level playing field between these companies. These problems will be resolved in the upcoming Leases Standard. All leases will be recognised as assets and liabilities by lessees. The accounting will better reflect the underlying economics. This change is expected to affect roughly half of all listed companies and will not be popular with everyone. Accounting changes are often controversial and can be met with warnings of adverse economic effects and costs of system changes. The IASB has looked at all these possible risks very carefully and we will publish a detailed effect analysis on the Standard. Our conclusion is that the risks and costs of the new Leases Standard are manageable. First of all, IFRS 16 will not put the leasing industry out of business. Leases will remain attractive as a flexible source of finance. It will remain appealing to companies to lease assets so that they do not bear the risks of owning them. While the cosmetic accounting benefits of leasing will disappear, the real business benefits of leasing will not change as a result of the new Standard. We do not deny there will be costs involved in updating systems to implement the new Leases Standard, but we have done our best to keep these costs to a minimum. For example, we are not requiring companies to recognise assets and liabilities for short term and small ticket leases. This should be especially beneficial for smaller companies. In sum, we expect the benefits of the new Leases Standard to greatly outweigh its costs. The new visibility of all leases will lead to better informed investment decisions by investors, and to more balanced lease-versus-buy decisions by management. IFRS 16 will lead to improved capital allocation, which should be beneficial for economic growth. Requirements (i) Explain why the chairperson of the IASB believes that the former accounting standard for leases did ‘not reflect economic reality’? (ii)Explain the reason why, under the former accounting standard, reporting entities’ ‘off balance sheet lease liabilities were up to 66 times greater than the debt reported on their balance sheet’. (iii) Why does the Chairperson of the IASB argue that under the former accounting standard for leases there was ‘no level playing field’ between some airlines companies? (iv) Why do you think the Chairperson of the IASB said that the new accounting standard for leases ‘will not be popular with everyone’? What would cause this unpopularity? (v) What are some of the possible reasons why the chairperson of the IASB would say “the new visibility of all leases will lead to better informed investment decisions by investors, and to more balanced lease versus buy decisions by management?