Task:
Apply relevant knowledge that you have learned from this course, examine the annual report of your subject company and other relevant information that you have obtained via your research and undertake the following tasks:
1. From the annual report of your allocated company and in relation to the elements of the financial report, provide relevant examples, describe and critically discuss the nature and the benefits of the conceptual framework for financial accounting.
2.Identify and critically discuss if your allocated company is a reporting entity, provide detailed and relevant examples and factors to support your argument.
3.Identify and discuss any goodwill including internally generated intangible assets and acquired intangible assets, and how such items are valued in the financial statements.
4. Explain and discuss the list of Property, Plant and Equipment, including impairment assessments in the financial statements and the related notes and also explain some of the relevant measurement issues.
Assignment Content:
1. From the annual report of your allocated company and in relation to the elements of the financial report, provide relevant examples, describe and critically discuss the nature, and the benefits of the conceptual framework for accounting.
2. Identify and critically discuss if your allocated company is a reporting entity, provide detailed and relevant examples and factors to support your argument.
3. Identify and discuss any goodwill including internally generated intangible assets and acquired intangible assets, and how such items are valued in the financial statements.
4. Explain and discuss the list of Property, plant and equipment, including impairment assessments in the financial statements and the related notes and also explain some of the relevant measurement issues.
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