Introduction to Finance

Assignment guide lines.

 

You have to the assignment based on following companies.

 

  1. BHP Billiton Limited
    2.JB Hi-Fi Limited

 

3 Calculation of Performance Ratios
4

 

Identify any significant factor which may have influenced the share price of your company.
 

5

 

Your companies’ beta values and expected Rates of Return using the Capital Asset Pricing Model.
 

6

Using the gearing ratios for your company over the past two (2017 and 2016) years, emphasise any improvement towards the maintenance of a preferred optimal capital structure.
 

7

Dividend Policy
   

 

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. They wish to expand their portfolio and are considering one of two companies’ shares to add to their portfolio.  (They have an extra $1 million that they wish to invest into company shares.)  The companies, which you will compare and examine, are those selected in by you and must be reported to your lecturer in Class #3.

 

  1. BHP Billiton Limited
    2.JB Hi-Fi Limited

 

 

Written Report and analysis of the firms performance (including referencing)

 

You are required to do the following:

  1. Calculate the following key ratios for BOTH of your selected companies for the past 4 years. Annual reports are accessible via company websites (show all working out):
  2. Return on Assets (EBIT)        =       (NPAT / Total Assets)

Return on Owners Equity = (Net Profit after Tax / Owners Equity)

Gearing Ratio          =         Total Liabilities / Total Assets

 

EBIT    x          NPAT  x          TA       =          NPAT

TA                  EBIT               OE                    OE

 

Be sure that you have “proven” the above equation.            

15 marks

  1. 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 Owners Equity.

3 marks

Be sure to explain why the ROE (EBIT) is significantly greater than or less than the ROA (EBIT).

4 marks

 

  1. Research via the internet or financial/business publications
    1. 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 (Restrict the number of announcements to 5).

10marks

  1. Go on-line to http://www.reuters.com/finance/stocks/ and type in the code for your company into the Search Stocks field and click on the magnifying glass button.

 

  1. What is their calculated beta for your company?

2 marks

  1. If the risk free rate is 4% and the market Risk Premium is 6%, use the Capital Asset Pricing Model to calculate the required rate of return for the companies’

4 marks

  • Is the company you and your partner have chosen a “conservative” investment? Explain your answer.

2 marks

  1. Consider the gearing ratios for your company over the past two years:

 

  1. 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.

3 marks

  1. What have they done to adjust / amend their gearing ratio? Increase or repay borrowings?  Issue or buy back shares?  Has the Director’s Report given any information as to why they have made any adjustments?

6 marks

  1. Dividend policy
    1. Discuss what the dividend policy of the management of the company appears to be. Explain fully.

3 marks

  1. 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 their investment portfolio. Please refer to the ratio results calculated earlier and any other trends or factors that you believe to be important.

10 marks

  1. Formal structure and referencing

APA Style.                                                                                                        4 marks

 

BCO6603 Semester 3 (Summer), 2017 ERP Systems: Assignment 2 Research Report

BCO6603 Semester 3 (Summer), 2017
ERP Systems: Assignment 2
Research Report
Assessment: 30%
Due Date: See instructions VU Collaborate
“The appeal of ERP systems may come less from any cash benefits and more from its ability to untangle and integrate business practices and systems “
ERP systems were initially implemented to replace many of the disparate legacy systems and the associated issues. Discuss the issues associated with disparate systems and how ERP systems overcome these issues. Vendors argue that integration issues occur from people, process, and information perspectives.
Discuss these statements using case study examples (from literature searches) to demonstrate different company’s experiences.
Your paper should include the following areas :
• Importance of integration to companies
• Issues which occur due to lack of integration (people, process, information)
• How do ERP systems address these integration issues?
• What benefits can companies achieve when this integration occurs?
• Case Studies of companies and the issues they faced due to lack of integration and how ERP systems helped overcome these. (Minimum 2)
Discuss the statement above using case study examples (from literature searches) to demonstrate different company’s experiences.
Your task is produce a 3000 – 4000 word research paper which discusses the issues relating to the above. The paper should demonstrate a depth and breadth of reading and should be appropriately referenced. The paper should be referenced using the Harvard referencing standards and formatted according to the approved style guide.
Your essay must include:
Cover Page: Use the cover sheet provided. Include the Title, Assignment number, Student Name and Number and Unit. This should be uploaded separately
Introduction: Introduction to the topic, a statement of the purpose of the report and a brief description of the report’s structure.
Body: Discuss, compare and/or contrast different perspectives and present arguments supporting the purpose of the report. Use relevant business case studies to illustrate key points. All points must be presented with Harvard citations and have a corresponding entry in your reference list.
Conclusion: A summary of the points you have made in the body of the report. These should match your stated purpose.
Reference list: A complete Harvard format reference list. Review the Library style guide for citation and reference list examples http://guides.library.vu.edu.au/harvard .
Presentation: You should include a title page that has your name, the title of your report, your tutorial day and time and your tutor’s name on it. Every page should feature a footer that includes your name, student ID, and page number.
You should review: http://www.vu.edu.au/campuses-services/student-support/academic-support-development/academic-writing for some general help on academic writing, especially the sections on essays and referencing. Review the Library Harvard style guide for citation and reference list examples http://bit.ly/1jvBd0i. Please note that Academic Support and Development staff can assist with drafting reports. However, appointments are limited and you must book well in advance on 9919 4744..
Submission:
Your report must be submitted via the Assessment 4 drop box link on VU Collaborate (this links to Turnitin) in MS Word format. Name your assessment 4 file in the form s3999999Assn4.docx and where the 39999999 is replaced by your student number. You do not need to include an assessment declaration (because the assessment declaration it is a standard template it will boost your similarity results so don’t upload it). However, note that when you submit to Turnitin you are formally agreeing to the statements set out on the declaration relating to academic honesty. Your submission to Turnitin must include only a title page, your report, and the reference list. Your submission on Turnitin will be marked electronically, so ensure it is complete. Note that if your tutor asks you for a hard copy, you must submit the complete originality report version produced from Turnitin.
Notes on referencing, paraphrasing, Turnitin and similarity
You must include citations with matching references to demonstrate research relating to the discussion and analysis in the body of your report. You should aim to paraphrase sources where possible, writing the report in your own words and including citations and corresponding reference list entries to demonstrate research where appropriate. You should submit your report to Turnitin well in advance of the due date to ensure your similarity does not exceed twenty per cent (for a submission including your reference list). Note that:
• Turnitin scores higher than 20% will be heavily penalised.
It is normal that your reference list is highlighted in Turnitin; this is acceptable and is factored into the 20% threshold. It is not acceptable for whole paragraphs to be highlighted. This usually indicates exact similarity with another source. If this happens you must revise your work and resubmit. Note that you can resubmit your report up until the submission deadline. Initial originality results are returned within minutes. Resubmission results can take up to twenty four hours to process. Therefore, ensure you submit early so you can avoid problems at the last minute.

Your brief (35 marks) You are a newly hired junior associate in an accounting and professional services firm that provides business advice to its clients. Your sup

Your brief (35 marks)
You are a newly hired junior associate in an accounting and professional services firm that provides business advice to its clients.
Your supervising partner has allocated you a new file to test your knowledge and skills. The partner instructs you to attend a meeting with the clients and then provide him with a report containing advice on the best way forward.
You subsequently arrange and attend a meeting with the new clients, Mr and Mrs Smith, in which they tell you the following information:
• 1 year ago Mrs Smith started a small catering business operating from their home.
• The business initially involved the supply of food to a small regional airline operating from a nearby airport.
• Over the last 6 months they have had offers to expand their business and start supplying food to multiple airlines and from multiple locations.
• To keep up with the demand Mr Smith retired from his previous job and started working with his wife.
• They think their current business structure is basically ‘sole trader’ with all of the contracts in the name of Mrs Smith, but are not sure if they (Mr and Mrs Smith) are actually operating a partnership.
• They have 3 adult children who eventually they would like to bring into the business and hand it over to them when they retire.
• They need advice about the best business structure for their expanding business, and they would like it to be able to provide an easy way to hand over the business to their 3 children who would then have equal say in how to run it.
At the end of the meeting, Mr and Mrs Smith raise the following matters about which they seek your advice:
1. Are they currently operating a sole trade business or is it more like a partnership?
2. Whether the way that they are currently operating the business creates any risks?
3. Whether there is a better way for them to operate the business, and if so, what should they do?
4. What business structure would be best for their business in the future if it continues expanding?
5. What business structure would be the most effective way of being able to ensure that their children can become involved and eventually take over?
When Mr and Mrs Smith leave the conference you return to your office and begin preparing a memorandum for the partner.
In your memorandum to the partner you should address the following issues:
A. How you would characterise the current business structure.
B. What risks are involved in operating the business if it is a sole trader or partnership.
C. What business structure would best suit the expanding business.
D. What business structure would be the most effective way of involving their children and eventually handing it over to them.
In preparing your memorandum make sure to provide reasons for your advice and recommendations, including reference to relevant laws (statutes and cases). You do not have to consider tax advice as part of the memorandum (as tax advice is not part of this course).
Preliminary
Probably the biggest mistake students make in doing assignments is that they don’t study as they would for an exam. Instead, they start by reading the assignment and then try to look up only the parts of the unit that look like they are relevant to the assignment. The trouble is, you cannot say what the relevant parts of the unit are without studying the unit first. In real life you need to understand all the concepts so that you can identify the relevant issues when a client approaches you. So the best preparation for the assignment is simply to study the course properly. Understanding the modules preceding the assignment due date will be sufficient, but you can go beyond that if you wish. You will need a good conceptual understanding of the legal principles before you will be able to determine the appropriate business structure for your client. You will also need a good conceptual understanding to decide what to research and, more importantly, what NOT to research. And you will need a good conceptual understanding to report to your supervising partner.
Clearly, you need to start work on your assignment early. This is not the sort of assignment that you can do within a day or so of the due date.
Written Report to Supervising Partner
The report to the supervising partner must contain three things:
1. The law relevant to the clients’ circumstances. They are making a decision about what business structure to adopt for their business, which may be very different from someone else’s business. You have to work out what is likely to be relevant to them, with regards to the given information. You should also make it clear why it is relevant.
2. Reasoning that weighs up the realistic options open to the client. Not all business structures will make sense for your client, but it is likely that at least one structure with unlimited liability and one limited liability structure will be relevant. The decision of which one to adopt depends on comparing the legal characteristics of each so that you and the client can weigh up.
3. A recommendation and an explanation of why you chose that recommendation. This should flow logically from the weighing up process in 2 above.
Your supervising partner is assumed to be an experienced professional, who probably knows the law you are reporting, although he/she may not know the detail and may not remember case names and section numbers, which you will have to provide in a Reference List. You can therefore speak in technical terms to the partner. The purpose of reporting to your partner is not to teach him/her the law they already know, but to convince them that you have done your research properly and that you have weighed up the alternatives sensibly and come to a sensible recommendation.
The report to the supervising partner should contain the three things listed above. You should also provide a reference list. You can assume that the supervising partner has read the record of the interview with the client, so you will only need to refer to the facts when using them in your reasoning.
What you submit
You need to submit one file including:-
A Title Page – including your name, student number, and word count.
Report – Report to supervising partner (maximum: 1,500 words), plus a Reference List (not included in the word count). (35 marks)
Presentation (5 marks)
A mark between 0 and 5 is available for the professional qualities of your work.
For written presentation, structure and formatting with consistent headings, fonts and page numbering, spell-checking, logical flow of explanations, conciseness, relevance and general readability are all important. Perhaps the key factor in making your report readable is logical flow and relevance, not visual appearance. Your assignment must be expressed in your own words. You will not receive marks for copying slabs of text (even if they are referenced) if there is no genuine attempt to summarise and demonstrate their relevance to the clients’ issues. Referencing must be in accordance with the Guide to Legal Citation linked on the Moodle site. You should only include references in the list that you actually refer to in the report. The Reference List should NOT contain every publication you looked at in your research. Citations in footnotes or endnotes are not included in the word counts, but substantial text in footnotes or endnotes is.
Marking
All parts of the assignment will be marked in accordance with the university’s Grades policy. The following marking rubric incorporates that policy.

GRADE MARK CRITERION

HD 85%+ Demonstrates imagination, originality or flair, based on proficiency in all
the learning outcomes of the unit; work is interesting or surprisingly
exciting, challenging, well read or scholarly.
COMMENT: Here, the student will have done everything well, provided
some original insights, and formulated their answer in a tight, efficient,
thoroughly professional manner. The argument for the recommendations in
the report will have a strong logical flow which is supported by the facts
and the research. It will also be convincing, such that a supervising partner would not only embrace the recommendation but also clearly understand why it is being made.

D 75-84% Demonstrates awareness and understanding of deeper and less obvious
aspects of the unit, such as ability to identify and debate critical issues or ideas to new situations, and ability to invent and evaluate new ideas
COMMENT: Similar to a C, but for a D the student has identified issues
specific to the client’s situation that are insightful and not obvious.

C 65-74% Demonstrates ability to use and apply fundamental concepts and skills of
the unit, going beyond mere replication of content knowledge or skill to
show understanding of key ideas, awareness of their relevance, some use of
analytical skills, and some originality or insight.
COMMENT: True learning involves not only knowing principles or
concepts but also the ability to apply them to a real life situation. This will
be revealed in choosing what is relevant and making a logical argument
towards a recommendation appropriate to the client’s circumstances. The
level of research, the law considered and the argument
and recommendations should have a consistent thread.

P 50-64% Demonstrates the learning outcomes of the unit, such as knowledge of
fundamental concepts and performance of basic skills; demonstrates
sufficient quality of performance to be considered satisfactory or adequate
or competent or capable in relation to the learning outcomes of the unit.
COMMENT: Students who get a mark in this range usually demonstrate
some knowledge of principles and concepts, but do not apply them
consistently to the actual fact situation. Their answers often contain a lot of
regurgitation of law but very little application of it to the real life situation.
Recommendations are often generic (they could apply to any situation, not
specifically to the client’s situation) and are often just lifted from the
textbook or a generic website.

F 40-49% Fails to demonstrate the learning outcomes of the unit.
COMMENT: Students in this range usually make some effort to perform the
assignment task but fail to achieve what is prescribed for a P.
Low F 40% COMMENT: Students in this range usually fail to properly carry out the
instructions or perform the task specified in the assessment.

HI6008 Assignment 1 Requirements Structure

HI6008 Assignment 1 Requirements Structure
Word limit-3000
All HI6008 Students Enrol in the Semester 3/2017 need to follow below Assignment structure:
1. Introduction
2. Project Objective
3. Project Scope
4. Literature Review
(Students’ needs to do full literature review not less than 2000 words on chosen topic)
5. Conclusion
6. Reference List
7. Appendix
NOTE: Students should do consultation with lecturer regarding to research topic selection before literature review.

ASSESSMENT BRIEF Subject Code and Title STAT 6003: Statistics for Financial Decisions

ASSESSMENT BRIEF
Subject Code and Title STAT 6003: Statistics for Financial Decisions
Assessment Assessment 3: Report
Individual/Group Individual
Length NA
Learning Outcomes 1. Analyse and present data graphically using spreadsheet software (Excel).
2. Critically evaluate summary statistics against suitable benchmarks.
3. Apply judgement to select appropriate methods of data analysis drawing on knowledge of regression analysis, probability, probability distributions and sampling distributions.
4. Select and apply a range of data analysis tools to inform problem solving and decision making.
5. Conduct quantitative research both individually and as part of a team and articulate and present findings to a wide range of stakeholders, from accounting and nonaccounting backgrounds.
Submission By 11:55pm AEST/AEDT Sunday one week after Module 6
Weighting 50%
Total Marks 100 marks
Context:
The report asks students to apply their knowledge on the concepts and ideas discussed during the Modules in a comprehensive work. The report allows students to reflect back on their previous learning performances and outcomes, and to make use of previous submissions.
Instructions:
You are expected to submit a report that requires you to apply your knowledge from all Modules and draws links between the scenario and the learning resources. Furthermore, you are expected to incorporate feedback given to your short written assessments (assessment no.1) and feedback provided to your presentation (assessment no. 2) in your final report. Your answers should reflect upon and analyse issues of the key discussion points of the Modules. Your answers should also effectively communicate and demonstrate that key concepts covered during this course can be applied by you in a comprehensive manner. The report also asks you to apply critical thinking and analysis.
————————————————————————————————————————————–
Report and presentation
As discussed above, your final two assessments are inter-linked:
– Assessment 3 requires you to write a report.
– For Assessment 2 you are to present the preliminary findings of your report (Assessment 3). o The presentation (Assessment 2) provides you with an opportunity to receive feedback from the learning facilitator which you are then to implement and address in your final report.
Introduction:
1. Analysis of sales and country data, forecasting of sales figures until 2020
The Board of Directors of Schmeckt Gut instructs you to write a report of the development of sales in Industria, Nokaragua and the Federated Islands over the past 25 years.
Furthermore, the board would like you to use forecasting methodologies to project the sales for the next 5 years (until 2020) by applying reasonable assumptions based on the data provided and your analysis. Additional details are provided below.
2. Market place Sweden – Estimate of potential sales figures in 2016 and forecast to 2020
Schmeckt Gut has recently entered the Swedish market and the Board is interested in an estimate of this year’s sales as well as potential sales for the next 5 years (until 2020).
Additional details are provided below.
Data set:
The excel file provides you with four data sets for the 4 countries of interest which include:
• Sales figures in US$ (not available for Sweden)
• GDP data in US$
• Average Price Index (in %)
• Population (15-65 years of age)
• Survey score – this is the average result of a customer satisfaction survey (0=not satisfies, 10=very satisfied)
• Number of average advertisements
• Number of stores
All data is exogenous and independent except in their relation with the sales figures.
Detailed tasks
1. Analysis of sales and country data, forecasting of sales figures until 2020
• Provide a statistical overview of the data provided in the excel sheets for each country (you can also do a comparison analysis)
• Conduct a correlation analysis between sales development and:
o (i) advertisements, (ii) number of stores and (iii) the survey results
• Conduct a multi regression time series analysis and use the results to forecast the sales until 2020. o Hint: You should use natural logs (ln) for your analysis as discussed in your assignment of Module 5. o For your reasonable assumptions which are required for the forecasting, you should apply hypothesis testing techniques for the GDP, Prices and Population developments.
? For example, if you forecast a GDP growth of 3.5%, knowing the past GDP growth figures, is the forecast of 3.5% an acceptable growth figure for the forecast or should that Null hypothesis be rejected?
2. Market place Sweden – Estimate of potential sales figures in 2016 and forecast to 2020
• Based on your analysis in part 1, which country (Industria, Federated Islands, Nokaragua) is closest related to Sweden? Justify your selection. o Hint: Look at average GDP per capita statistics (GDP divided by Population) and Price Index.
• Once you have identified the country that is closet related to Sweden, use that country’s characteristics of the analysis undertaken in the first part to estimate/forecast the potential sales for the Swedish market. o Use the forecasts from the IMF to project GDP growth rates and a potential price index (CPI or Inflation rate) for the years 2016 to 2020.
? See pg 40 of the ‘IMF 2015 ARTICLE IV CONSULTATION’ report for Sweden for the data.
3. Other suggestions
– Based on your analysis in parts 1 and 2, are there any other suggestions you have for the Board on how Schmeckt Gut can boost sales in the countries?
Your presentation:
– Create a presentation (for example with PowerPoint) and turn your presentation into a video.
o See https://support.office.com/en-us/article/Turn-your-presentation-into-avideo-c140551f-cb37-4818-b5d4-3e30815c3e83 for details should you decide to use PowerPoint
o You can also use any other suitable programs
– Present your main results that will assist the Board in their decision making o Focus on the main results and explain which techniques you have applied to achieve these results and why you used these techniques.
o What do these results imply?
o What are your main recommendations? – Your presentation should not be longer than 15 minutes – Submit your narrated video on Blackboard.
Learning Rubrics
Assessment Attributes Fail (Unacceptable) Pass (Functional) Credit (Proficient) Distinction (Advanced) High Distinction (Exceptional)
Grade Description (Grading Scheme)
Evidence of unsatisfactory achievement of one or more
of the learning objectives of the course, insufficient
understanding of the course
content and/or unsatisfactory level of skill development. Evidence of satisfactory achievement of course learning objectives, the development of
relevant skills to a competent level, and adequate
interpretation and critical analysis skills. Evidence of a good level of understanding, knowledge and skill development in relation to the content of the course or work of a superior quality on the majority of the learning objectives of the course. Demonstration of a high level of interpretation and critical analysis skills.
Evidence of a high level of achievement of the
learning objectives of the
course demonstrated in such areas as interpretation and critical analysis, logical
argument, use of
methodology and communication skills. Evidence of an exceptional level of achievement of learning objectives across the entire content of the course demonstrated in
such areas as interpretation and critical analysis, logical argument, creativity, originality, use of
methodology and communication skills.
Content, Audience
and Purpose
Points for this criteria Does not meet minimum
standard
Demonstrates no awareness of context and/or purpose of the assignment.
Meets minimum standard
Demonstrates limited awareness of context and/or
purpose of the assignment
Moves beyond minimum
standard
Demonstrates consistent awareness of context and/or purpose of the assignment.
Exceeds minimum
standard
Demonstrates an advanced and integrated understanding of context and/or purpose of the assignment.
Exceeds minimum standard and exhibits
high levels of independence
Consistently demonstrates a systematic and critical understanding of context and purpose of the assignment.
Knowledge and
understanding
Limited understanding of required concepts and
knowledge
Knowledge or understanding of the field or discipline.
Resembles a recall or summary of key ideas. Thorough knowledge or understanding of the field or discipline/s. Supports personal opinion and information substantiated by Highly developed understanding of the field or discipline/s.
A sophisticated understanding of the field or discipline/s.
Points for this criteria
Key components of the assignment are not addressed.
Often conflates/confuses assertion of personal opinion with information substantiated by evidence from the research/course materials.
evidence from the research/course materials.
Demonstrates a capacity to explain and apply relevant concepts.
Discriminates between assertion of personal opinion and information substantiated by robust evidence from the research/course materials and extended reading.
Well demonstrated capacity to explain and apply relevant concepts. Systematically and critically discriminates between assertion of personal opinion and information substantiated by robust evidence from the research/course materials and extended reading.
Mastery of concepts and application to new situations/further learning.
Critical reasoning, presentation and defence of an argument and/or
position
Specific position (perspective or argument) fails to take into account the complexities of the issue(s) or scope of the assignment.
Makes assertions that are not justified.
Specific position (perspective or argument) begins to take into account the issue(s) or scope of the assignment.
Justifies any conclusions reached with arguments not merely assertion.
Specific position (perspective or argument) takes into account the complexities of the issue(s) or scope of the assignment. Others’ points of view are acknowledged.
Justifies any conclusions reached with well-formed arguments not merely assertion.
Specific position (perspective or argument) is expertly presented and accurately takes into account the complexities of the issue(s) and scope of the assignment.
Justifies any conclusions reached with welldeveloped arguments.
Specific position (perspective or argument) is presented expertly, authoritatively and imaginatively, accurately taking into account the complexities of the issue(s) and scope of the assignment. Limits of position are acknowledged.
Justifies any conclusions
reached with sophisticated arguments.
Analysis and application with synthesis of new knowledge
Limited synthesis and analysis.
Limited application/recommendations based upon analysis.
Demonstrated analysis and synthesis of new knowledge with application.
Shows the ability to interpret relevant information and literature.
Well-developed analysis and synthesis with application of recommendations linked to analysis/synthesis.
Thoroughly developed and creative analysis and synthesis with application of pretested models and / or independently
developed models and
justified
recommendations linked
to analysis/synthesis
Highly sophisticated and creative analysis, synthesis of new with existing knowledge.
Strong application by way of pretested models and / or independently developed models. Recommendations are clearly justified based on the analysis/synthesis. Applying knowledge to new situations/other cases.
Ethico moral reasoning
(recognises ethical and moral issues within a discipline and is able to reason based on these principles)
Difficulty in formulating own opinion and lack of recognition of ethical principles and competing interests.
Does not clearly demonstrate moral-ethical reasoning.
Difficulty in justifying conclusions based on moralethical principles but recognises different viewpoints.
Conclusions are justified based on moral-ethical principles.
Formulates and justifies conclusions based on moral-ethical principles.
Can recognise the competing interests in arguments and identify ethical issues embodied in them.
Uses ethical principles to identify competing interests and views.
Sophisticated understanding of the ethical and moral positions.
Well-articulated viewpoint based on moral-ethical reasoning.
Use of academic and
discipline conventions and sources of evidence
Poorly written with errors in spelling, grammar.
Demonstrates inconsistent use of good quality, credible and relevant research sources to support and develop ideas.
There are mistakes in using the APA style.
Is written according to academic genre (e.g. with introduction, conclusion or summary) and has accurate spelling, grammar, sentence and paragraph construction.
Demonstrates consistent use of credible and relevant research sources to support and develop ideas, but these are not always explicit or well developed.
There are no mistakes in using the APA style.
Is well-written and adheres to the academic genre (e.g. with introduction, conclusion or summary).
Demonstrates consistent use of high quality, credible and relevant research sources to support and develop ideas.
There are no mistakes in using the APA style.
Is very well-written and adheres to the academic genre.
Consistently demonstrates expert use of good quality, credible and relevant research sources to support and develop appropriate arguments and statements. Shows evidence of reading
beyond the key reading
There are no mistakes in using the APA style.
Expertly written and adheres to the academic genre.
Demonstrates expert use of high-quality, credible and relevant research sources to support and develop arguments and position statements. Shows extensive evidence of reading beyond the key
reading
There are no mistakes in using the APA Style.
Effective communication
Difficult to understand for audience, no logical/clear structure, poor flow of ideas, argument lacks supporting evidence.
No effort is made to keep audience engaged, audience cannot follow the line of reasoning.
Little use of presentation aids, or the presentation aids and material used are irrelevant.
Information, arguments and evidence are presented in a way that is not always clear and logical.
Attempts are made to keep the audience engaged, but not always successful. Line of reasoning is often difficult to follow.
Presentation aids are used more for effect than relevance.
Information, arguments and evidence are well presented, mostly clear flow of ideas and arguments.
The audience is mostly engaged, line of reasoning is easy to follow.
Effective use of presentation aids.
Information, arguments and evidence are very well presented, the presentation is logical, clear and well supported by evidence.
Engages the audience, demonstrates cultural sensitivity.
Carefully and well prepared presentations aids are used.
Expertly presented; the presentation is logical, persuasive, and well supported by evidence, demonstrating a clear flow of ideas and arguments.
Engages and sustains audience’s interest in the topic, demonstrates high levels of cultural
sensitivity
Effective use of diverse presentation aids, including graphics and multi-media.

Finance for Business Due: Week 11

HI5002: Finance for Business
Assignment
(Case Study)
Trimester 3, 2017
Unit Code: HI5002
Unit Name: Finance for Business Due: Week 11
Value: 30 %
Venue: HOLMES Institute
Description
Students are required to study, undertake research, analyse and conduct academic work within the areas of business finance covered in learning materials 1 to 10 inclusive. 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 needs to be completed individually. It will be based on financial reports of a listed company on the ASX (chosen by the lecturer). This assignment requires students to undertake a comprehensive examination of a firm’s financial performance and must be submitted by Week 11 of Trimester Three.
Further details will be given later in the semester.
Key elements or milestones will need to be completed in stages throughout the semester as per the schedule provided below. Discussions will be conducted and suggestions will be provided for each stage so that you can then amend subsequent sections if needed. MARKS will be subtracted for LATE SUBMISSIONS.
STAGES TO BE COMPLETED
Name of the student and a “business name” under which you will be providing your financial advisory services.
The name of the company that you will investigate/analyse for the purposes of possible recommendation to your client. A company (listed on the ASX) will be allocated to each student by the lecturer. The students should obtain all information about the selected company from this web site: www.asx.com.au
You MUST:
? Obtain a copy of the last Financial Statements including Income Statements, Balance Sheets, Statement of Changes in Equity, Cash Flows Statements and Notes. You can downloaded these documents from the suggested web site using the firm’s code (example, BHP- for BHP Billiton Company, etc).
(Part 1 to 10)
1
A description of the company
(Part 1)
2 Identify your company ( in terms of the ownership-governance structure)
(Part 2 i & ii)
3 Calculation of Performance Ratios
(Part 3 i, ii and iii)
4 Two graphs from www.asx.com.au with the description of results
(Part 4 i & ii)
5
Identify any significant factors which may have influenced the share price of your company.
(Part 5)
6
Calculation of ’ beta values and expected Rates of Return using the CAPM
(Part 6 i, ii & iii)
7 Weighted Average Cost of Capital (WACC)
(Part 7 i & ii)
8 Using the debt ratios for your company over the past two years, emphasise any improvement towards the maintenance of a preferred optimal capital structure.
(Part 8 i & ii)
9 Dividend Policy
(Part 9)
10
Letter Recommendation
(Part 10)
11
Formal structure
(Part 1 to 11)
Final Submission of Complete Assignment on Blackboard
(Week 11)
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 company which you will examine is allocated by your lecturer.
The assignment is a written comprehensive report and analysis of the firms’ financial performance (including referencing).
100 marks
You are required to do the following tasks:
1. Prepare a brief description of the company, outlining 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. Based 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 involved in the firm governance:
? The Chairman ? Board members ? CEO.
o Whether any of these people have the same surname as any of substantial shareholders ( 20% 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 websites (show all working out):
i) Return on Assets (ROA) = (NPAT / Total Assets)
Return on Equity (ROE) = (Net Profit After Tax / Ordinary Equity)
Debt Ratio = Total Liabilities / Total Assets
EBIT x NPAT x TA = NPAT
TA EBIT OE OE
Be sure that you have “proven” the 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 Owners Equity.
4 marks iii) Explain why the ROE (EBIT) is significantly greater than or less than the ROA (EBIT).
4 marks
4. Using the information from the ASX website: www.asx.com.au you must complete the following tasks:
i) Prepare a graph / 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 Ords Index. Above or below? More or less volatile?
6 marks
5. Research via the internet or financial/business publications:
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://www.reuters.com/finance/stocks/ 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 (ß) 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” investment? Explain your answer.
2 marks 7. Weighted Average Cost of Capital (WACC)
i) 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 projects.
4 marks
8. 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 adjust/amend their gearing ratio? Increase or repay borrowings? 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. Explain any 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 internet”).
• Provide an explanation on each of these issues (points) and explain how they confirm the underlying theory, particularly related to the ownership, financial measures, risk-return, capital structure and dividend policy.
• You are required to submit the assignment on Blackboard
• You are required to submit this assignment to Turnitin. Please ensure the similarity 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.
• Submitted work should be your original work showing your creativity.
• Always keep an electronic copy until you have received the final grade for the Unit.
A high standard of work is always expected, so poorly presented work may be returned unmarked with a request to re-submit.
Rules apply for electronic submission. When you submit your assignment electronically, please save the file as ‘Assessment Task 1.doc’.
Referencing
When writing your assignments, a reference must be included every time you use someone else’s ideas or information. In-text referencing of ALL sources, whether academic books, journal articles, newspaper articles, material from the Internet etc., must be cited in the main text of the assignment itself. Harvard Style referencing is required for this assignment.
A reference must be included when you:
• Paraphrase (express someone else’s idea in your own words).
• Quote (express someone else’s idea in their exact words).
• Copy (financial statement, reproduce a diagram, graph or table from someone else’s work).
Example:
Titman, S., Martin, T., Keown, A.J., Martin, J.D, Financial Management: principles and applications, 7th Edition, Pearson Education, Melbourne, 2016, Australia.
Halili, E, Saleh, A and Zeitun, R (2015), ‘Governance and Long-Term Operating Performance of Family and Non-Family Firms in Australia’, Studies in Economics and Finance, vol.32, no.4, pp.398-421.
History of ASX, viewed Nov 07 2017 , https://www.marketindex.com.au/history
Plagiarism, collusion and cheating
Holmes Institute regards most seriously any act of dishonesty in assessments such as plagiarism, collusion, cheating, re-submission of previously marked work in different units, examination misconduct and theft of other students’ work.
In short:
‘Plagiarism’ means to take and use another person’s ideas and pass these off as your own by failing to give appropriate acknowledgement, that is, not indicating by referencing that the ideas expressed are not your own.
‘Collusion’ (or unauthorised collaboration) means joint effort in preparing material submitted for assessment, between students or others, except where this has not been approved by the lecturer in charge of the unit.
‘Cheating’ means to obtain an unfair advantage in an examination or in other written or practical work required to be submitted or completed by a student for assessment. If the passing off was done intentionally, you have cheated; if it was unintentional, the offence you have committed is the academic misdemeanour of failing to reference a source correctly.
Acts of dishonesty in assessment could result in penalties including failure in the Unit and possible exclusion from Holmes Institute. If you are unsure about this, please speak to the subject co-ordinator.
GOOD LUCK!

E – Portfolio : -Soft Systems Methodology-

E – Portfolio : -Soft Systems Methodology-
You are to conduct a search of the Internet on the topic: Soft Systems Methodology. You should review the items you find and select a minimum of 5 items per topic and link them to your portfolio. You are not to upload files from the Internet, as you do not own copyright, and if you do, this will be plagiarism. You are to use links to your items only. You may include short focused items from Video or Audio clips lectures and/or tutorials, and your own work that you produce in the tutorials. The centre of your multi-columned Mahara page must be a Rich picture or concept map of the material you have presented showing how it all links together. Your portfolio should capture rich ideas, resources and innovative practice around business analysis within the frame of the topic listed above.
You are to write a brief discussion for each of the 5 items as to why you chose that item, and why you thought the items chosen are appropriate to the weekly topic..
Harvard referencing format and citations are to be used to substantiate your discussion.
E- Portfolio format and word limit
Word limit: 600-700 words per portfolio.
Each portfolio should be comprised of the following three sections for each item:
• Title- provide an informative title identifying the item;
• Rich Picture- A diagram using Cmap software of the main ideas and themes of your reseach helping to link the different media content together. You may choose to embed your links in this picture as well as hyperlink
• Link – provide 5 working links that can be followed to the original source location. each hyperlinked or (embeded if audio or video) to the start of the relevant discussion.
• Discussion – describe how the item links to the topic, and how the item increases your understanding of the topic. Include the citation to your item following Harvard formatting.
• Reflection – discuss how the item increases your understanding of the topic.
At the end of each e-portfolio include Reference list – provide a reference list at the end of each portfolio (not at the end of each item) providing the full details of each item following the Harvard Referencing format. The reference list does not form part of the word limit.
Read
Read
1. Taheri, L, Noraini,C, Abdulla, R. & Abdullah, S 2014, ‘Knowledge audit model for requirement elicitation process’ International Journal of Social, Management, Economics and Business Engineering, vol. 8, no. 2, pp.467-471.
2. BABOK v3 A Guild to the Business Analysis Body of Knowledge, 2015 International Institute of Business Analysis Chapter 9
3. The Information Audit Principles and Guidelines 2003 HANNERÍ BOTHA AND J.A. BOON
4. Integrated reporting Elevating value, EY
Links for above:
1. https://moodle.cqu.edu.au/pluginfile.php/1034046/mod_label/intro/Knowledge-Audit-Model-for-Requirement-Elicitation-Process.pdf
2. https://moodle.cqu.edu.au/pluginfile.php/1034046/mod_label/intro/BABOK_Guide_v3_Member.pdf
3. https://moodle.cqu.edu.au/pluginfile.php/1034046/mod_label/intro/The%20Information%20Audit%20Principles%20and%20Guidelines%20HANNER%C3%8D%20BOTHA%20AND%20J.A.%20BOON.pdf
4. https://moodle.cqu.edu.au/pluginfile.php/1034046/mod_label/intro/EY-Integrated-reporting.pdf
username: s0277157
password: 1m2t3s4N if required.

ACC00145 2017 s3 Report

ACC00145 2017 s3 Report
Due date: 5pm, Thursday 25 January 2018
Weighting: 30 marks
Objective: This task requires you to prepare a report to evaluate information provided in the annual report of a chosen company listed on the Australian Stock Exchange (ASX). Your comments or evaluation of the annual report should comply with the requirements of relevant Australian accounting standards (AASBs). The report should address the points outlined below:
1) Intangible Assets: You should refer to the requirements of AASB 138 Intangible Assets and AASB 136 Impairment of Assets as the guidelines of your report.
• List the composition of intangible assets in the chosen company. (2 mark)
• Comment on the recognition of intangible asset used by the chosen company. (2 mark)
• Evaluate the measurement, amortisation or impairment of intangible assets in the chosen company. (4 marks)
• Discuss whether the chosen company provides sufficient information to investors. (1 mark)
2) Comprehensive Income: You should refer to the requirements of AASB 101 Presentation of Financial Statements as the guidelines for your report.
• Identify comprehensive income and its components in the chosen company. (2 mark)
• You should discuss what income and expenses are required to be presented in the body of financial statement separately according to AASB 101. (2 mark)
• You should comment on any items that are recorded against equity rather than being recorded as part of profit and loss. (2 marks)
• Discuss whether the company provides sufficient information for investors to evaluate business’s performance. (2 marks)
3) Business Combinations: You should refer to AASB 3 Business Combinations and AASB 138 Intangible Assets for your report.
• According to your knowledge, determine the method used for business combinations in the chosen company. (2 mark)
• Comment on the recognition principle and the measurement principle applied in the business combinations. (2 marks)
• Discuss the recognition and measurement of goodwill (or bargain purchase) in the chosen company. (2 marks)
• Comment on whether sufficient information is available in the annual report to investors. (2 mark)
4) 5 marks will be awarded for; report presentation, effective communication and referencing of the AASBs along with referencing your annual report.
The report should include an executive summary, a body of contents covering the points listed above, and a reference list. The word limit of this report is 1500 words (excluding executive summary, references and appendix). The references should be done using Harvard Style or ARA Style. The reference list should provide all materials supporting the report. Sections extracted from the annual report or AASB to support your report should be included in the Appendix. Remember to attach a link/copy of the financial report/statement with your assignment. Also, provide specific page numbers of the annual report and paragraph numbers of AASBs as in-text reference in your assignment. If you choose to ignore this instruction, you will lose marks.
Each student should choose a company that is listed on the Australian Stock Exchange (ASX) and find an annual report for the 2016/2017 financial year. Remember to use a complete annual report, not a concise financial report or a half-year financial report.
To ensure your choice of a company does not duplicate one already chosen by another student, they will be allocated on a first come, first served basis. You may reserve a company by adding a post on ‘Discussion Board’ under ‘Reserve a company here’. Write the name of the chosen company in the description line of your post. If you add the company name in the message and NOT in the description line, then the reservation is void because it will not be readily visible to others.
Unless otherwise indicated, all assignments are to be submitted online via the link for Turnitin assignment submission provided on the Blackboard site. You must use the electronic Assignment Cover Sheet provided, fill in details and then make this sheet the first page of your assignment. Do not send it as a separate document. The file name should include (in order) your surname, your student number and the name of the company you chose for your assignment. For example: ‘Parker1235456xyz’. Your assignments must be submitted as Word documents. If you wish to submit in any other file format please discuss this with your lecturer before the assignment submission date.

“The appeal of ERP systems may come less from any cash benefits and more from its ability to untangle and integrate business practices and systems “

BCO6603 Semester 3 (Summer), 2017
ERP Systems: Assignment 2
Research Report
Assessment: 30%
Due Date: See instructions VU Collaborate
“The appeal of ERP systems may come less from any cash benefits and more from its ability to untangle and integrate business practices and systems “
ERP systems were initially implemented to replace many of the disparate legacy systems and the associated issues. Discuss the issues associated with disparate systems and how ERP systems overcome these issues. Vendors argue that integration issues occur from people, process, and information perspectives.
Discuss these statements using case study examples (from literature searches) to demonstrate different company’s experiences.
Your paper should include the following areas :
• Importance of integration to companies
• Issues which occur due to lack of integration (people, process, information)
• How do ERP systems address these integration issues?
• What benefits can companies achieve when this integration occurs?
• Case Studies of companies and the issues they faced due to lack of integration and how ERP systems helped overcome these. (Minimum 2)
Discuss the statement above using case study examples (from literature searches) to demonstrate different company’s experiences.
Your task is produce a 3000 – 4000 word research paper which discusses the issues relating to the above. The paper should demonstrate a depth and breadth of reading and should be appropriately referenced. The paper should be referenced using the Harvard referencing standards and formatted according to the approved style guide.
Your essay must include:
Cover Page: Use the cover sheet provided. Include the Title, Assignment number, Student Name and Number and Unit. This should be uploaded separately
Introduction: Introduction to the topic, a statement of the purpose of the report and a brief description of the report’s structure.
Body: Discuss, compare and/or contrast different perspectives and present arguments supporting the purpose of the report. Use relevant business case studies to illustrate key points. All points must be presented with Harvard citations and have a corresponding entry in your reference list.
Conclusion: A summary of the points you have made in the body of the report. These should match your stated purpose.
Reference list: A complete Harvard format reference list. Review the Library style guide for citation and reference list examples http://guides.library.vu.edu.au/harvard .
Presentation: You should include a title page that has your name, the title of your report, your tutorial day and time and your tutor’s name on it. Every page should feature a footer that includes your name, student ID, and page number.
You should review: http://www.vu.edu.au/campuses-services/student-support/academic-support-development/academic-writing for some general help on academic writing, especially the sections on essays and referencing. Review the Library Harvard style guide for citation and reference list examples http://bit.ly/1jvBd0i. Please note that Academic Support and Development staff can assist with drafting reports. However, appointments are limited and you must book well in advance on 9919 4744..
Submission:
Your report must be submitted via the Assessment 4 drop box link on VU Collaborate (this links to Turnitin) in MS Word format. Name your assessment 4 file in the form s3999999Assn4.docx and where the 39999999 is replaced by your student number. You do not need to include an assessment declaration (because the assessment declaration it is a standard template it will boost your similarity results so don’t upload it). However, note that when you submit to Turnitin you are formally agreeing to the statements set out on the declaration relating to academic honesty. Your submission to Turnitin must include only a title page, your report, and the reference list. Your submission on Turnitin will be marked electronically, so ensure it is complete. Note that if your tutor asks you for a hard copy, you must submit the complete originality report version produced from Turnitin.
Notes on referencing, paraphrasing, Turnitin and similarity
You must include citations with matching references to demonstrate research relating to the discussion and analysis in the body of your report. You should aim to paraphrase sources where possible, writing the report in your own words and including citations and corresponding reference list entries to demonstrate research where appropriate. You should submit your report to Turnitin well in advance of the due date to ensure your similarity does not exceed twenty per cent (for a submission including your reference list). Note that:
• Turnitin scores higher than 20% will be heavily penalised.
It is normal that your reference list is highlighted in Turnitin; this is acceptable and is factored into the 20% threshold. It is not acceptable for whole paragraphs to be highlighted. This usually indicates exact similarity with another source. If this happens you must revise your work and resubmit. Note that you can resubmit your report up until the submission deadline. Initial originality results are returned within minutes. Resubmission results can take up to twenty four hours to process. Therefore, ensure you submit early so you can avoid problems at the last minute.

Quantitative Project Selection

Quantitative Project Topic Selection (Due week 1 for approval): Please select a topic of your interest. It could be your potential dissertation topic or part of it, but it doesn’t have to be dissertation topic related, if you are not ready yet. Please be aware that this is a practice for Quantitative research..

Research Project Proposal for approval

The Research Project is a minimum 20 page paper demonstrating application of statistical principles and SPSS software. You are encouraged to select a topic from your area of interest. This research project may be used as a pilot study for further research or your dissertation.
The project must include the following components:
Title Page (See Sample Title Page in Start Here)
Introduction and Statement of the Problem (1-2 pages)
Literature Review (5-10 pages)
Methodology (3-5 pages)
Findings (3-5 pages)
Summary and Conclusion (3-5 pages)
Appendices (include data generated by project)
Reference Page

Please submit your topic selection with your plan on how and where your will gather all the necessary resources and data to complete the project for approval by Sunday of this week