A report that contains critical analysis of a real-world “red flag” situation

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ACC3155 FINANCIAL STATEMENT ANALYSIS AND VALUATION

ACADEMIC YEAR 2023-2024

Detailed requirements and marking criteria for Group Assignment

You are required to work in a group of 2-3 members to identify a real-world “red flag” case

and critically analyse the situation.

• You are required to sign up for a group online using the “sign-up sheet” on the My

Learning of myUniHub.

• You are strongly advised to discuss among yourselves before forming a group to ensure

that all members are prepared to work together as a team in completing the Group

Assignment.

• Identify a real-world “red flag” case, which could be any company in any country, still

in existence or already liquidated, that you are able to find sufficient publicly available

information to analyse the situation.

• You are required to critically analyse the “red flag indicators” of the identified case that

could have been resolved subsequently that enable the company to continue business,

or that put the company under administration, or that had caused the company to close

down, as publicly reported via reliable sources.

Group Assignment

(20% of the module weighting)

You are required to work in a group of 2-3 members to identify a real-world “red flag” case

and critically analyse the situation, and prepare a report (maximum 2,000 word).

Assignment structure,

format and details

A report that contains critical analysis of a real-world “red flag”

situation.

Submission date, time Learning week 22 (Your Tutor will advise of the exact day and time)

via My Learning of myUniHub

Feedback type & date Formative feedback: Available over the learning weeks during the

Lecture and Seminar sessions, Tutor’s office hours, and any other pre-

arranged sessions. You can also contact the Learning Enhancement

Team via [email protected] for academic writing support and other

related aspects.

Summative feedback: Written feedback within 3 to 4 learning weeks

upon submission.

Assessed learning

outcomes
• Critically evaluate the quality of financial reporting and identify

the ‘red flags’ of creative accounting.

Key reading and

learning resources

• Lecture and Seminar materials

• Online websites and relevant resources (such as Financial Times)

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Detailed requirements and marking criteria for Group Assignment (cont’d)

The report with a maximum word limit of 2,000 words (excluding cover page, content page

and reference list) must be prepared using Microsoft Word and should include, at least, the

following elements and contents:

Assessment criteria

Marks

allocations

Cover page

• Module code and name.

• Student number.

• Academic year and title of work.

• The name of your identified real-world “red flag” case.

*

Content page

• Proper title and heading with complete page referencing.

*

Chapter 1: Introduction to the report

• The purpose of the report.

• Justification for the identified case.

• Method used in generating the report and its limitations.

• Signposting the report.

5

Chapter 2: Background and critical analysis of the identified case

In no particular order, you should include, at least, the following contents

relating to the identified case:

• Background information

• Causes and consequences

• Red flag indicators

10

25

40

Chapter 3: Summary and conclusion

• You should also include lesson learnt from your identified case.

10

References

• Use the Harvard referencing style.

• Complete list of references.

*

Presentation and language (including * above)

• Professional style of format and presentation.

• Professional style of language for report writing.

• Proper citation and referencing.

10

This 100 marks will be converted to 20% of the total assessment of the

module.

100

Note: Seek progressive feedback from your Tutor on your work – early feedback and

guidance are encouraged and welcomed while last-minutes appointment may not be

entertained.

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Marking criteria with rubrics for Group Assignment

Assessment

criteria

Grade 1-4 Grade 5-8 Grade 9-12 Grade 13-16 Grade 17-20

Chapter 1 All required

elements

included with

excellent

presentation.

All required

elements

included with

good

presentation.

Most of the

required

elements

included.

Some of the

required

elements

included.

Missing most

of the required

elements.

Chapter 2 All required

elements

included with

excellent and

in-depth

analysis and

interpretation.

All required

elements

included with

good and in-

depth analysis

and

interpretation.

Most of the

required

elements

included with

adequate level

of analysis and

interpretation.

Some of the

required

elements

included with

limited level

of analysis and

interpretation.

Missing most

of the required

elements with

no or very

limited level

of analysis and

interpretation.

Chapter 3 Excellent

summary of

findings and

drawing

appropriate

conclusions.

Good

summary of

findings and

drawing

appropriate

conclusions.

Some

summary of

findings and

drawing some

appropriate

conclusions.

Limited

summary of

findings and

drawing

limited

appropriate

conclusions.

Inadequate

summary of

findings and

drawing

inadequate

conclusions.

Presentation

and language

Excellent

presentation

and language

with very

minor spelling

and

grammatical

errors.

Excellent and

consistent

standards of

referencing.

Good

presentation

and language

with few

spelling and

grammatical

errors.

Good

referencing

with minor

errors.

Satisfactory

presentation

and language

with some

spelling and

grammatical

errors.

Satisfactory

referencing

with some

errors.

Inconsistent

presentation

and language

with some

spelling and

grammatical

errors.

Some

referencing

with errors.

Poor

presentation

and language

with lots of

spelling and

grammatical

errors.

No or

inadequate

referencing.