FINANCIAL ACCOUNTING POLICY AND PRACTICE LEVEL

Using the relevant academic literature you are required to

“Critically examine and discuss the impact of lobbying on standard setting in accounting. Illustrate your discussion / your analysis with relevant examples.”

REMINDER ABOUT THE ASSESSMENT REGULATIONS

The work you hand in for this assignment must be your own original work. All academic sources must be properly referenced, using a recognised academic referencing system.

 Remember to check the University’s assessment regulations. If you are quoting the words of an author / writer directly, put quotation marks around these sections and reference them correctly. If you are discussing, paraphrasing or summarising a writer’s ideas, you do not need quotation marks, but you still need a proper academic reference.

Please, note that plagiarism will be penalised.

The required length of your work / essay is 2,000 ÷ 2,500 words (excluding the title page and reference list). 2,500 words is the absolute upper limit. Do not exceed the word limit. A levy of 10% will be deducted for work exceeding the specified wordage.

 ASSESSMENT RATIONALE

The purpose of the coursework is to enable you to deal systematically and creatively with an important issue (i.e. the impact of lobbying on standard setting) in the area of financial accounting policy and practice. The assignment will require a rigorous analysis of the relevant materials, demonstrating a systematic understanding of the issues involved, using appropriate frameworks for analysis, providing appropriate analysis and evaluation, and drawing appropriate conclusions based on logical arguments and supporting evidence. The written piece of work must communicate clearly your analysis, arguments and conclusions.

ASSESSMENT CRITERIA

Marks will be awarded according to your ability to deal systematically and creatively with an important issue (i.e. the impact of lobbying on standard setting) in the area of financial accounting policy and practice. Your work must show evidence of rigorous analysis of the relevant materials, demonstrate a systematic understanding of the issues involved, use appropriate frameworks for analysis, provide appropriate analysis and evaluation and draw appropriate conclusions based on logical arguments and supporting evidence. The written piece of work must communicate clearly your analysis, arguments and conclusions.

A good answer will demonstrate the following:

  • a rigorous analysis and highly developed comprehension of the essay topic, showing evidence of a systematic understanding of current debates;
  • a well-structured critique of ideas / concepts, answering questions such as, ‘What is said?’, ‘Why it is said?’, ‘Why and how do you react to the points / arguments in the way you do?’;
  • appropriate discussion and evaluation, engaging with financial accounting policy concepts / ideas as well as real life examples;
  • logical argument and supporting evidence;
  • clarity of expression that communicates the points and arguments clearly to the reader.

FORMAT OF SUBMISSION

The coursework must:

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state your name and registration number;

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be word processed (Arial, 12);

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be double-spaced;

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state the word count;

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include a proper reference list;

Each student should

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submit the coursework (as a single file) via the Turnitin section of the blackboard, and

 

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keep a copy of the single coursework file in his / her own possession, as well.

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