Welcome to the ACC384 Library Research Skills section!
Below you'll find out how to undertake a Topic Analysis for your assessment task and then you can search for the information you'll need. After looking through this page start using the Find Scholarly Information tab and the drop down menu below it, to learn how to find and use specific Library resources.
Let's have a look at your assessment and analyse the topic now. Your ACC384 assessment 2 is a 3,000 word report:
Part A (2,500 words)
You are an accountant working for the large professional services firm Platypus Accountants Ltd. You have been asked by your supervisor to prepare a report which includes a discussion on International Financial Reporting Standards (IFRS).
You need to select a company of your choice within the ‘Services’ industry, then discuss key accounting changes that have occurred in their financial accounts. Your report will be read by your team who will be preparing the accounts for a number of new clients in this industry.
To search for an appropriate company, go to this website: http://www.annualreports.com/, click 'Industry', then select ‘Utilities'. The selected company's financial statements need to be prepared in accordance with IFRS.
Part B (500 words)
Part B of this assessment is a reflective activity that requires you to critically evaluate your attempt at Part A.
Your reflective and critical evaluation should:
Please note that this written reflection is to be of no more than 500 words. The word count refers to the discussion and does not include headings or tables/graphs.
Reflection helps you to think about and understand your learning experiences, so you will be writing about your own thoughts and ideas. This means you would not be likely to include references in Part B. It is also acceptable to use first person words like “I” or “my” in reflective writing.
|Instruction words||discussion, differences|
|Qualifying words & phrases||Business Services Industry|
international financial reporting standards (IFRS), accounting classes and policies, financial account preparation, classes of assets/liabilities/equity/income/expense, U.S. GAAP, services
You are to structure your report in the following format:
1. Executive summary
Include, in paragraph form, a summary of:
2. Table of contents
List the report topics using decimal notation. Include the main headings and subheadings with corresponding page numbers, using a format that makes the hierarchy of the topics clear.
Prepare your readers to fully understand the report by:
4. Discussion of IFRS
Use a numbering system with sub-headings and include examples in each section to discuss your selected company’s accounting standard changes.
1) You will often find relevant information by initially reviewing Note 1 of your selected company’s financial statements.
2) You should refer to your textbook, Doupnik et al. (2019) (mainly Chapters 4 and 5), online sources and additional scholarly resources in order to properly discuss each section. You are required to use in-text citations that conform to APA 7th ed. referencing style and which should include the author's last name, the year of publication and the page number.
Sum up what has been discussed and how your findings demonstrate the significance of IFRS when applied to the utilities industry. Do not include new information.
6. Reference list
All sources you referred to should be included in a reference list at the end of the report, conforming to APA 7th ed. style referencing.
Write down the key concepts from your topic and think of as many alternative keywords and phrases as possible.
Thinking about your topic in this way forces you to describe your topic in "other words", which will provide you with some useful keyword alternatives as well as help you to cement your understanding of the topic.
For example, in this assessment, you could use 'international accounting' instead of international financial reporting'.
To start searching, it can be useful to begin with an encyclopaedia, dictionary or handbook to get an overview of your topic, or an explanation of words or concepts that are unfamiliar.
Dictionaries and encyclopaedias can help you to find additional keywords and get an overview of the concept.
In the box below, enter some of the keywords you've identified and note down any alternate keywords that you find.