This assignment has a word limit of 1500 words. The calculation questions (i.e. Requirements 1-2 and 4-5) are treated as being equivalent to approximately 900-1000 words, therefore the word limit for the two theory components (i.e. Requirements 3 and 6) is 500-600 words. (excluding references and title page).
Assignments should be typed and be professionally presented in a business-like manner.
The minimum number of references for this assignment is 2 (including the textbook). Harvard referencing style is preferred. If you are not sure about the referencing style
Please submit one single Word Document only. Please do not attach the assignment cover sheet. Instead, clearly indicate your name and student ID on the first page of the document. This will avoid a high similarity report in Turnitin.
All assignments must be submitted online. Hard copies of the assignment will not be accepted.
Marks are allocated for correct answers, but ‘consequential’ errors are not penalised (for example, if you make an error in an entry, which flows through to the financial statements, you do not lose marks again – this means that most of the marks are usually given to the early sections of the assignment, such as worksheet entries).
The balance sheet should clearly classify current & non-current assets and liabilities.
Marks are also allocated for correct presentation and formatting of financial statements. Marks are deducted for poor presentation of the assignment as a whole.
See the marking guidelines and rubric at the end of this document.
Working on the Assignment
When studying for this assignment, you should refer to your textbook and any of the reference materials listed on the Learnonline course website. You may ask your instructor for help, but they will only answer general questions and will not ‘check’ student answers to the assignment.
You may only discuss the assignment with other students at a general or conceptual level, that is, you may talk about the issues, not the details.
If you are working in study groups, a good idea is to work on a tutorial problem, or other problem from the textbook, that is similar to the assignment problem. You should not prepare your assignment together with other students, nor should you compare your final answers with other students.