word limit 900-1200 wordsAnswer questions……………………………….
Case Study – Individual Assignment
|Accounting Theories and Creative Accounting|
|Required Work, Format and Grading|
|You must submit the following by the assignment due date:
§ Answer all questions separately.
§ Assignments without TURNITIN report will not be accepted.
You need to demonstrate a confident application of the theories to the assignment task. The theoretical underpinning of your observations and deliberations should also demonstrate a good understanding of the subject by the way that your analysis is structured.
You can access the Internet to research about the topic. You should demonstrate good academic practice by the appropriate use of academic texts and journals that are properly referenced.
|Guidelines and further information about assignment:|
|Assignment must be submitted with the “Turnitin” report. If the report generated indicates a similarity index percentage of 20% or more, a review of your assignment is necessary to ensure the same is reduced to less than 20%.|
I certify that the work contained in this assignment was researched and prepared by me:
|Grades given are subjected to External Verification. No grades are Final|
Submission time and date
You should submit the assignment by the time and date mentioned otherwise a ‘NA’ will be awarded. Fill in the form cover and staple it with your assignment. Make sure that all the relevant details are complete. Assignments must be submitted by the due date. You may include diagrams, figures etc without word penalty.
Plagiarism is a form of cheating in which students use the work of others and present it as their own. It may include all or any one of the following –
What happens if you get caught?
The examining body of CBFS may punish offending students in any manner that they deem fit. Typical punishments may range from reduction in grades, making students re-sit modules and even failing students on a module or an entire award. The college considers this form of cheating as a serious offence. Therefore be forewarned!
Case Scenarios: 1
‘The Evolving Dimensions of The Accounting Profession and The 21st Century Expectations’
(Jeremiah & Daferighe, 2019)
The dimension of the accountancy profession is undergoing an increasingly expanding and unpunctuated global evolution. These 21st-century twists, however, tend to pose an identity threat to the profession. The much-celebrated software substitution of the traditional roles of the Accountant coupled with the apparent professional cross-carpeting of non-accountants aided by these emerging digital initiatives appears to ‘take-over’ the seat of the Accountant. The following roles were identified for the discussion.
|THE 21ST CENTURY PERSPECTIVE||THE FUTURE IMPERATIVES|
|The Accountant as a Corporate Pathfinder||Embrace an enlarged strategic and commercial role|
|The Accountant as a Guardian of the Corporate Model||Develop a global orientation|
|The Accountant as a Competent Communicator||Reinvent the talent pool|
Task 1: Explain minimum of ONE new skill set required for a modern Accountant from the list above or from your own choice. (5 marks: Word count- 300-400)
Case Scenarios: 2
‘Two accounting theories that help create the system investors and managers use today’ : Positive and Normative Accounting Theories.
|Text 1||Text 2|
|if an organisation has had a highly successful financial year, the next year they will have the financial stability to boost investor dividend payments. This theory would deduce that corporate growth causes an increase in shareholder remittance.||if a corporation has previously boosted investor dividend payments, and is now looking to reinvest funds into the firm to ensure its future viability through corporate sustainability measures, then theory would point to issuing new shares as a source of funding|
Task 2: Identify a positive theory and a normative theory from the list above and justify your answer by referring to the differences between two theories. (5 marks: Word count- 300-400)
Case Scenario: 3
AbdulSalam LLC’s financial position as of 30th September 2020 is as follows:
Statement of Finanancial Position
|Equity and Liabilities||OMR’000||Assets||OMR’000|
|Share capital||5260||Inventory : Raw Materials||2500|
|Debentures||1540||Inventory : Finish goods||3000|
|Net Profits||2500||Other assets||3800|
The company management has been decided the following ‘creative accounting’ measures:
Task (3) Redraft the Statement of Financial Position as of 30th September 2020 to reflect the above Creative Accounting measures. (6 marks)
Task (4) Comment on the findings of task (3) above and make relevant recommendations referring to the below mentioned teaching nexus. (4 marks: Word count- 300-400)
The Practice of Creative Accounting on the Jordanian Banking Sector: A Case Study in the Northern Region (Al-Dalabih, 2017)
(Total 20 Marks)
Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?
Whichever your reason may is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.
Our essay writers are graduates with diplomas, bachelor, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college diploma. When assigning your order, we match the paper subject with the area of specialization of the writer.
We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.Read more
The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.Read more
The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.Read more
By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.Read more