Explain the company’s performance based on Earnings per Share (EPS) and provide EPS calculations for the last two consecutive periods

Discuss and provide an analysis of items in the statement of cash flow and identify item(s) which relate to
the balance sheet.
2. Explain the company’s performance based on Earnings per Share (EPS) and provide EPS calculations for
the last two consecutive periods.
3. Discuss whether EPS is a useful performance indicator for the company.
4. Explain how the material movements in the statement of changes in equity is reflected and reported in
the statement of cash flows.
5. Discuss the items recorded as Non-Current Liabilities, including the related notes and provide an
explanation of the material movements of each item.
6. Based on the capital structure of the company selected, discuss the potential advantages and
disadvantages of each source of capital.

Attachments:

Page 1 of 7

HOLMES INSTITUTE

FACULTY OF
HIGHER EDUCATION

Assessment Details and Submission Guidelines

Trimester T1 2020
Unit Code HA2032
Unit Title Corporate and Financial Accounting
Assessment Type Individual Assignment (Report)
Assessment Title Corporate Disclosure
An analysis of annual financial reporting and a company’s capital structure.
Purpose of the
assessment
(with ULO
Mapping)
This assignment aims to develop students’ understanding of corporate reporting,
disclosure, corporate capital structures and the different ways companies can source
funds. Students will review the annual report of a selected company and provide an
evaluation of the selected company’s disclosure, including the notes to the financial
statements. Students will perform a comparative analysis of the sources of funds used by
their selected company for two consecutive financial periods. They will need to identify
any changes in the capital structure, such as changes in the combination of long term
debt and equity capital used by the company.
The HA2032 Unit Learning outcomes addressed in this assessment are:
Explain the various methods available to companies in their resource expansion and the
impact of each on the accounting records and financial statements;
• Critically analyse and interpret the financial statements and other disclosures
produced by Australian companies and corporate groups;
(ULO 2, 3).
Weight 25% of the total assessment
Total Marks 25 Marks
Word limit 2,500 words ± 500 words
Due Date Assignment submission: Final Submission of individual Assignment: 11:59 pm Saturday
06th of June. Late submission incurs a penalty of five (5) % of the assessment value per
calendar day unless an extension and/or special consideration has been granted by the
lecturer prior to the assessment deadline.
Submission Guidelines • All work must be submitted on Blackboard by the due date along with a completed
Assignment Cover Page.
• The assignment must be in MS Word format, no spacing, 12-pt Arial font and 2 cm
margins on all four sides of your page with appropriate section headings and page
numbers.
• Reference sources must be cited in the text of the report, and listed appropriately at
the end in a reference list using the Harvard referencing style.
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HA2032 Corporate and Financial Accounting
Corporate and Financial Accounting Individual Assignment T1 2020

Assignment Specifications Purpose:
In this individual assignment, students will critically analyse the different aspects of financial statements, including the
application of different sources of authority and the accounting standards for corporate disclosure and for the financial
reporting function. Furthermore, students will demonstrate their understanding of the different sources of funds,
capital structure and provide a detailed analysis of the financial statements of an Australian publically listed company
for two consecutive financial periods. Students will research and provide details of the different disclosure
requirements for both listed and non-listed entities.
Assessment Task:

Part A
Students will need to access the ASX website (https://www.asx.com.au) and select a company in any industry section.
Students will need to download the latest Annual report for that selected company.

Based on the selected company’s annual financial statements and related notes, students will need to prepare a
business report addressing the requirements listed below. It is also a requirement to attach the main financial
statements and the related notes which address the requirements below in your report.
1. Discuss and provide an analysis of items in the statement of cash flow and identify item(s) which relate to
the balance sheet.
2. Explain the company’s performance based on Earnings per Share (EPS) and provide EPS calculations for
the last two consecutive periods.
3. Discuss whether EPS is a useful performance indicator for the company.
4. Explain how the material movements in the statement of changes in equity is reflected and reported in
the statement of cash flows.
5. Discuss the items recorded as Non-Current Liabilities, including the related notes and provide an
explanation of the material movements of each item.
6. Based on the capital structure of the company selected, discuss the potential advantages and
disadvantages of each source of capital.

Part B
Students will need to research and discuss the disclosure requirements for publically listed companies in the financial
statements in comparison to other non-listed companies. Students will also need to discuss the benefit(s) of disclosing
comparative information in the annual financial reports to users, including key decision makers or external users, such
as investors. (Note – one page is recommended to answer this section)
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The assignment structure must be as follows:
• Holmes Institute Assignment Cover Sheet – Full Name, Student No., Campus, Session No.
• Executive Summary o The Executive Summary appears as a short paragraph on the first page of the report.
o The Executive summary should be concise and not involve too much detail. o It should be a summary of
the main points only, the conclusions and analysis of the report.
o Write the Executive Summary after the report is completed, and once you have an overview of the
whole report.
o 50 – 100 words is recommended
• Table of Contents Page – This needs to show a logical listing of all the sub-headings of the report’s contents.
(Note this is excluded from the total word count.)
• Introduction – A short paragraph which includes background and/or scope and the main points raised in order
of importance. There should be a brief conclusion statement at the end of the Introduction.
• Main Body Paragraphs with numbered sub-headings – Detailed information which elaborates on the main
points raised in the Introduction. Each paragraph should begin with a clear topic sentence, then supporting
sentences with facts and /or relevant information (evidence) and finish with a concluding sentence at the end.
• Conclusion – A logical and coherent evaluation based on a thorough and objective assessment of the work
performed.
• References – Credible Academic sources must be used, such as peer reviewed journals or authoritative
textbooks. The Harvard referencing style is required.
• Appendices – Include any additional explanatory information which is supplementary and/ or graphical to help
communicate the main ideas made in the report. Refer to the appendices in the main body paragraphs, as and
where appropriate. (Note this is excluded from the total word count.)
Page 4 of 7
Marking Criteria
Assignment Marking Criteria
Part A
Marks Weighting
Analysis of items in the statement of cash flow and identification of item(s)
which relate to the balance sheet.
3 3%
Discussion of the company’s performance based on Earnings per Share (EPS)
and EPS calculations for the last two consecutive periods are provided with
discussion of the usefulness of EPS.
3 3%
Explanation of the material movements in the statement of changes in
equity is reflected and reported in the statement of cash flows.
3 3%
Discussion of the items recorded as Non-Current Liabilities, including the
related notes and an explanation of the material movements of each item is
provided.
3 3%
Based on the capital structure of the company selected, there is a discussion
of the potential advantages and disadvantages of each source of capital.
3 3%
Part B
Research and discussion of the disclosure requirements for publically listed
companies in comparison to other non-listed companies and the benefit(s)
of disclosing comparative information in the annual reports to intended
users is provided.
6 6%
Report structure and format, Punctuation, Spelling, Grammar, Correct verb
forms, Appropriate Word Choice and Academic English phraseology.
2 2%
References List and referencing – In-text citation, acknowledgement of
sources and use of credible academic sources.
2 2%
Total 25
Marks
25%
Page 5 of 7
Marking Rubric
Part A Criteria Max
Mark
Excellent
3 marks
Very Good
2.5 marks
Good 2
marks
Satisfactory
1.5 marks
Unsatisfactory 1 –
0 marks
Discuss and provide an
analysis of items in the
statement of cash flow and
identify item(s) which
relate to the balance sheet.
3
Marks
The items recorded in the
statement of cash flow have
been correctly identified. The
submission demonstrates an
excellent understanding of
each item recorded in the
statement of cash flow.
The items recorded in the
statement of cash flow have
been correctly identified.
The submission demonstrates
a good understanding of each
item recorded in the
statement of cash flow.
The items recorded in the
statement of cash flow have
been correctly identified.
The submission demonstrates a
basic understanding of each
item recorded in the statement
of cash flow.
The items recorded in the
statement of cash flow have
been correctly identified. The
submission demonstrates a
basic understanding of each
item recorded in the statement
of cash flow.
The items recorded in the
statement of cash flows have not
been correctly identified. The
submission does not demonstrate an
understanding of each item recorded
in the statement of cash flow.
Explain the company’s
performance based on
Earnings Per Share (EPS)
and provide calculations
for the last two
consecutive periods.
Discuss if EPS is a useful
performance indicator for
the company.
3
Marks
This is an excellent response
to the company‘s
performance analysis based
on the EPS calculations with a
detailed discussion of the
usefulness of EPS for
performance evaluation.
The submission clearly
explains the company‘s
performance analysis based
on the EPS calculations with a
detailed discussion of the
usefulness of EPS for
performance evaluation with
only minor adjustments for
improvement noted.
The explanation provided for
the
company‘s performance
analysis based on the EPS
calculations are good with a
good discussion of the
usefulness of EPS for
performance evaluation, but
with some recommendations
for improvement noted.
There is only a partial
explanation provided for the
company‘s performance
analysis based on EPS
calculations. There is some
discussion of the usefulness of
EPS for performance
evaluation, but there are
recommendations for
improvement noted.
There is an inadequate explanation
provided for the company‘s
performance analysis based on EPS
calculations and discussion of the
usefulness of EPS for performance
evaluation is lacking. There are clear
deficiencies noted.
Explain how the material
movements in the
statement of changes in
equity are reflected and
reported in the statement
of cash flow.
3
Marks
The items recorded in the
statement of changes in
equity have been correctly
identified. The submission
demonstrates an excellent
understanding of each item
recorded in this section.
The items recorded in the
statement of changes in
equity have been correctly
identified. The submission
demonstrates a very good
understanding of each item
recorded in this section.
The items recorded in the
statement of changes in
equity have been correctly
identified. The submission
demonstrates a
good understanding of each
item recorded in this section.
The items recorded in the
statement of changes in equity
have been correctly identified.
The submission demonstrates
an adequate understanding of
each item in this section.
The items recorded in the
statement of changes in equity have
not been correctly identified.
The submission does not
demonstrate a sufficient
understanding of each item
recorded in this section.
Discuss the items recorded
as non-current liabilities
including the related notes.
Provide an explanation of
the material movements of
each item.
3
Marks
The submission demonstrates
an excellent understanding of
the items and the
movements
in the non-current liabilities
section with detailed
explanations provided.
There is a very good explanation
provided for the items and the
movements in the noncurrent liabilities section, with
only minor errors or only minor
points noted for improvement.
The explanation provided for
the items and movements in
the noncurrent liabilities section is
good, with some minor errors
or points noted for
improvement.
There is some valid explanation
provided for the items and
movements in the
non-current liabilities section
with required adjustments for
improvement.
There is an inadequate explanation
provided for the items and
movements in the non-current
liabilities section and there are
numerous adjustments required for
improvement.
Page 6 of 7
Discuss the capital
structure of the company
selected and the potential
advantages and
disadvantages of each
source of capital.
3
Marks
An outstanding
explanation and discussion
is provided of the capital
structure with detailed
advantages and
disadvantages and an
excellent explanation of
the different sources of
capital.
A very good explanation
and discussion is
provided of the capital
structure with detailed
advantages and
disadvantages and a very
good explanation for the
different sources of
capital with some minor
recommendations for
improvement.
A good explanation and
discussion is provided of
the capital structure with
the advantages and
disadvantages stated and
an explanation of the
different sources of capital.
There are some minor
recommendations for
improvement.
There is some explanation
and discussion provided
about the capital structure
with advantages and
disadvantages stated and an
explanation of the different
sources of capital, but there
are essential
recommendations for
improvement.
There is an inadequate
explanation and discussion
provided about the capital
structure with either missing,
unconvincing or irrelevant
advantages and disadvantages
noted. There is a poor
explanation of the different
sources of capital.
Research and discussion of
the disclosure
requirements for publically
listed companies in the
financial statements in
comparison to other
nonlisted companies.
Discussion of the benefits
of disclosing comparative
information in annual
financial reports to users
including key decision
makers and external users,
such as investors.
6
Marks
An outstanding
explanation is provided for
the disclosure
requirements for
publically listed companies
in the financial statements
in comparison to other
non-listed companies with
detailed discussion about
the benefits of disclosing
comparative information
in the annual financial
reports to intended users,
including decision makers
or external users such as
investors.
There is a very good
explanation provided for
the disclosure
requirements for
publically listed
companies in the
financial statements in
comparison to other
nonlisted companies with
detailed discussion about
the benefits of disclosing
comparative information
in the annual financial
reports to intended users
including decision makers
or external users such as
investors with only minor
recommendations for
improvement.
There is a good explanation
provided for the disclosure
requirements for publically
listed companies in the
financial statements in
comparison to other
nonlisted companies with a
good discussion about the
benefits of disclosing
comparative information in
the annual financial reports
to intended users including
decision makers or external
users such as investors
with some
recommendations for
improvement.
There is an adequate
explanation provided for the
disclosure requirement for
publically listed companies
in the financial statements
in comparison to other
nonlisted companies with
some discussion on the
benefits of disclosing
comparative information in
annual financial reports to
users including decision
makers or external users
such as investors, but with
ostensible
recommendations for
improvement.
There is an inadequate
explanation provided for the
disclosure requirements for
publically listed companies in
the financial statements in
comparison to other non-listed
companies with an inadequate
discussion about the benefit of
disclosing comparative
information in the annual
financial reports to intended
users including, decision makers
or external users such as
investors. There are numerous
deficiencies noted.

Page 7 of 7
Other Criteria Max
Mark
Excellent
2 Marks
Very Good
1.75 marks
Good
1.5 marks
Satisfactory
1 mark
Unsatisfactory
0.5 – 0 marks
Report Structure
and format
2
Marks
An excellently formatted
and structured report in
well composed Academic
English phraseology,
demonstrating deep
critical analysis and an
outstanding clarity of
thought. No major
grammatical, spelling,
syntax or punctuation
errors are noted.
A very well formatted
and structured report in
well composed Academic
English phraseology,
which demonstrates a
strong coherence of
thought and a very good
level of analysis within
the topic.
Only minor grammatical,
spelling, syntax or
punctuation errors are
noted.
A well-structured report
which demonstrates a
sound critical analysis with
a good report structure
and evidence of logical
thought.
The report is well written in
appropriate Academic
English, but there are some
grammatical, spelling,
syntax or punctuation
errors noted, which require
correction.
The report is adequately
presented and structured.
The key points were
identified and supported
with a well thought out
rationale based on
appropriate unit content.
The report is well written in
appropriate Academic
English, but there are
ostensible grammatical,
spelling, syntax or
punctuation errors noted.
The report is poorly structured
and formatted. There are
numerous grammatical, spelling,
syntax and punctuation errors
noted. The report is poorly
written. There is no logical flow
of ideas noted. There are
significant deficiencies noted
throughout the report.
References List
and
Referencing
2
Marks
Evident use and correct
acknowledgement of
credible Academic
sources. Correct in-text
citation conventions are
noted and the end of list
references are correctly
presented.
NA NA Some use of credible
Academic sources, but
references are not
acknowledged correctly or
there are inconsistencies
noted in the referencing
throughout the report.
Non-credible academic sources
have been used. Incorrect intext
citation is noted and the end of
list references are either not
referenced or incorrectly
referenced.
Total 25
Marks