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ACFI3001 Accounting Theory

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This assignment covers the in-depth theoretical concepts with some practical accounting task application based on the topics from the subject.

Task Details:

This assignment requires a consideration of accounting theory concepts with critical analysis with application to General Purpose Financial Reporting by corporations. Students are required to prepare a comprehensive report directed to Commonwealth Bank detailing a critical analysis of the effectiveness of the corporation to meet the obligations of the conceptual framework of accounting.

1. Provide a critical analysis of the annual report of the corporation. Consideration of the adherence to AASB, true and fair, conceptual framework, corporations law etc should be considered.

2. Provide a comparison with other corporations listed on the ASX and how well you think your corporation has performed.

3. In summary, please consider if you were given $10,000 whether based on your company and it's annual report information provided whether you would be likely to invest in your company. Construct your summary to support your conclusion.
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