留学生高级会计理论和实践课程作业指导 Advanced Accounting Theory & Practice

留学生高级会计理论和实践课程作业指导 Advanced Accounting Theory & Practice Assignment

Assignment

In respect of one extant International Accounting Standard, chosen from the list below, you are required to:

a. Explain the key features of the current accounting standard. You should use at least one illustrative example from a published set of financial statements to illustrate the effect of the standard.

b. Analyse the rationale underlying, and the development of, the existing standard.

c. Consider any criticisms of the existing standard and explain why some commentators consider existing accounting practice to be deficient. 

List of eligible accounting standards

The international standard on which your assignment is based should be drawn from the following list:
IAS 1 Presentation of Financial Statements
IAS 10 Events after the Balance Sheet Date
IAS 12 Income Taxes
IAS 17 Leases
IAS 37 Provisions, Contingent Liabilities and Contingent Assets
IAS 39 Financial Instruments: Recognition and Measurement
 
Requirements

This assignment will count 20% towards your final mark. Please submit a hard copy to the General Office and an electronic copy on blackboard by Wednesday 28th April 2010.

The word limit is 2,000 words (+/- 20%). The essay should include a cover sheet with the same of the module number, essay title, word count and a list of references containing all the materials (books, academic articles and websites) you have consulted and quoted from. Please note that references follow a specific format (look at references in books and journal articles for guidance). Do not any circumstances copy material form any sources without referencing it, as this constitutes plagiarism and you will get a mark of 0%. 

Suggested Reading

This assignment will require extensive research on the website of the International Accounting Standards Board Useful summaries of the development history of IASs and IFRSs can be found on the website www.ukassignment.org.
Published financial statements can usually be found on the websites of large publically quoted companies under the heading investor information.