Assessment 1: Report
Due Date: Week 5 – Sunday by 11:55 pm
Value: 30%
Word Limit: 2,000
Purpose:
This assessment task assists students to develop skills with which they will be able to demonstrate:
• The ability to keep ‘up to date’ on legislative and regulatory matters and changes, and determine their effects on business performance, management planning and decision making
Task Overview:
“There is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profit so long as it stays within the rules of the game….” (Milton Friedman, 1970)
a. From an accounting perspective, what are the ‘rules of the game’ that businesses must follow?
b. In the current environment, is Friedman’s statement as relevant in 2013 as it may have been in 1970?
Your report should be presented in appropriate report format and include referencing in the APA style.
Assessment Criteria:
Please refer to attached marking guide for the assessment criteria.
Assessment Task 2– Company Analysis and Report
Due Date: Week 11 – Sunday 11:55 pm
Value: 40%
Word Limit: 2500 words equivalent
Purpose:
This assessment task assists students to develop skills in:
• Selecting, completing, calculating and interpreting appropriate ratios from Financial Statements to determine measures of business performance and support management planning and decision making.
• Recognising and considering the effects of interpretations of Financial Statements and performance indicators by external entities.
Assessment Task:
Lincoln Indicators professes nine golden rules for successful sharemarket investing. The golden rules relate to: financial health; management assessment; outlook/forecast; share price value; share price sentiment; liquidity and size; principal activities; price sensitive announcements; and follow all of the