Corporate Accounting Semester 2, 2013
Length: 2000 words


The diverse measurement techniques developed for different types of assets suggest that standard setters are confused about the nature of the attribute that is to be measured.
Required:
a. Why is measurement in the context of accounting so important?
b. Why has measurement become such a controversial accounting issues in recent times?
c. Explain the arguments for and against using fair value as a measurement base.
d. Identify factors that may influence the choice of measurement approach. Discuss how the measurement approach adopted impacts on the quality of accounting information produced.
Provide reasons to support your position on the above.


Additional information
Assignments must not exceed the word counts indicated.
Your assignment must include an abstract/synopsis, introduction, essay body that clearly addresses the problem areas, a conclusion and a properly referenced (refer to the research essay marking guide for further guidance).
Evidence of extensive research beyond the prescribed text is required. Ensure these are referenced. Refer to the University of Ballarat’s policy on plagiarism.
NO extensions will be granted unless supported by appropriate documentation prior to the due date.
Assignments that are submitted late will be penalised at the rate of 10% per day. The lecturer, in the evaluation of the group submission and each individual’s contribution, may require any or all of the members of the group to discuss various aspects of the assignment
Assessment criteria
100/5 = 25%
2000 words max.
Excellent (HD) 80- 100
Very Good (D) 70-79
Good (C) 60-69
Pass (P) 50-50
Marginal Fail (MF) 40-49-59
Fail (F) 0-39
1. Introduction (10)
2. Body/Discussion (40) Critical evaluation of topic a – 10 marks b– 10 marks c – 10 marks d – 10 marks
3. Recommendation/s (10) Conclusion (5)
4. Examples (10)
6. Referencing, citations (5)
7. Evidence of reading, quality and quantity (10)
8. English expression, coherence, grammar and spelling. Logical flow of ideas (10)