ACC5000-Accounting Applications

Purpose

To write a comparative analysis research essay answer a question. Part A Assignment 1 – Research (draft) provides the opportunity to improve your academic integrity and learn correct referencing. It will prepare you for Part B Assignment 1 - Research Essay (final).

Task Description

This is a two-part assignment Assessment: Part A is Assignment 1 – Research (draft) and Part B is Assignment 2 - Research Essay (final). Part A and B are directly related

Part A is designed to provide students with feedback on the appropriateness and quality of references used and appropriateness of referencing technique (such as in-text referencing etc.). Part A will be marked only in relation to the quality of your references and referencing method. Students should then take on board all feedback provided on the Assignment 1 – Research essay (draft) and apply to Part B Assignment – Research essay (final) submission. 

Part B of this assignment is the final submission of the assignment and both content and referencing will be marked. Strict penalties will be applied if work is plagiarised.

Assignment 1 – Research (draft) (Part A)

Users of financial reports rely on the accountant to produce reports which are reliable and on which they can make informed decisions. There are a range of financial reports which the accountant produces. 

Discuss who the users of financial reports are, and if different users have different financial information requirements.

Explain what sort of information is within each of the reports and how the information within the reports can be used to inform the users, when they are making business and investment decisions.

Explain how these reports are linked together and how they assist users to understand how the business is performing. 

Assuming the business is a company, critically evaluate how you would use the financial reports in the decision making process to decide whether or not to invest in the company (by buying shares). 

Which reports would you use to decide on different aspects of the company’s financial performance? Explain why. 

Critically evaluate what information, in which reports, you would use to base your decision on. Explain what information would provide you with the most useful knowledge about the company and explain why

Determine (in your opinion) which report or reports provide the most important information. You must explain why you have come to this opinion.