UGB105 Financial Accounting Individual Assignment

UGB105 Financial Accounting Individual Assignment

UGB105 Financial Accounting Individual Assignment

Requirements:

In your own words explain elements of income statement and balance sheet with examples. You are also required to explain the meaning and significance of the following concepts.

  • Materiality.
  • Duality Aspect concept.
  • Going concern.
  • Money measurement.
  • Business entity concept.

The University policy on cheating collusion and plagiarism will be applied to this piece of work.

Guidance:

Students should approach this assignment as an academic essay, weighing the arguments for and against each issue, making comment on the literature and drawing logical conclusions. Referencing should form part of the assignment to demonstrate wider reading and to underpin the discussions, ensuring they have depth.

Further details:

  • This is an individual assignment and the word count includes all quotes. The assignment word count this should be adhered to with a tolerance between - 10% - +10%.
  • This assignment contributes 30% to the final assessment mark for this course.
  • Please note that the University policy on cheating collusion and plagiarism will be applied to this piece of work.
  • The assignment must be submitted in both through TURNITIN on sunspace and on JIRA by the due date. Your turnitin summary needs to be attached on JIRA.

Marking Guide:

Marks will be awarded with respect to the following generic assessment criteria.

High Distinction

The work examined is exemplary and provides clear evidence of a complete grasp of the knowledge, understanding and skills appropriate to the Level of the qualification. There is also unequivocal evidence showing that all the learning outcomes and responsibilities appropriate to that Level are fully satisfied. At this level it is expected that the work will be exemplary in all the categories cited above. It will demonstrate a particularly compelling evaluation, originality, and elegance of argument, interpretation or discourse.
The work examined is excellent and demonstrates comprehensive knowledge, understanding andskills analysis to the Level of the qualification. There is also excellent evidence showing that all the learning outcomes and responsibilities appropriate to that level are fully satisfied. At this level it is expected that the work will be excellent in the majority of the categories cited above or by demonstrating particularly compelling evaluation and elegance of argument, interpretation or discourse and there may be some evidence of originality