Accounting Theory and Practice
The research assignment is a workbook that comprises three (3) newspaper articles that demonstrate issues of
relevance to accounting theory.
Word Length: 500 words per article (excluding the 100 word summary) with a 10% leeway.
- THE DRAFT
An early draft must be shown to your tutor and marked as seen at your WORKSHOP 7 in week 10. The draft
should be approximately 750 words (a minimum of three (3) pages of SINGLE line spacing in 12 point Arial font).
The penalty for failing to present a draft on the above date will be the deduction of one mark from the total
assignment mark. (Note: your tutor is sighting your work, not reading it).
Please note that only ONE DRAFT PER GROUP needs to be shown to ONE TUTOR. This means that for those
assignment groups which comprise students from different workshops, only ONE GROUP MEMBER is required to
show a draft of their group assignment to their tutor and get the “Page to submit with draft – 3101AFE’ (on page 6
of these instructions) signed by that tutor. Please also attach the newspaper article that you are choosing and fill
in the required details on “Page to Submit with Draft”. Then both pages will be submitted with the complete
assignment as per the instructions (see highlighted information on pages 2 and 4).
You are required to organise yourselves into groups of three (3) in order to submit a joint assignment.
You are to appoint a group leader. This is the person who submits the assignment through
SafeAssign and who receives the feedback sheet. All members of the group will receive their mark
in Mark Centre.
Your tutor will facilitate this process, but is not responsible for the formation of groups.
No group may be smaller or larger than 3 UNLESS it includes in the submitted assignment a copy of an
email from the course convenor confirming that they have permission to form a group of this size.
You are strongly advised to commence this assignment early in the semester in order to achieve a good
mark. Experience has shown that drafts of reports should be at least checked, revised, rechecked, and revised before submitting, and all checking should be done by someone other
than the author and, preferably, by both the other members of the group. Leaving it late significantly reduces your chance of
obtaining a good mark.
Select three (3) articles, with the following in mind:
Two articles are to be selected from the attached file of five articles.
The third article is to be selected by the group from a newspaper (either hard copy newspaper or
online newspaper source). The article
– must have been published no earlier than 1 March 2016 (articles used in lectures are
– must relate primarily to accounting issues, financial reporting, or the accounting or capital
markets regulatory environment faced by business organisations to which you can apply a
theory used in 3101AFE Accounting Theory and Practice, Therefore, issues such as income
taxation, fringe benefits taxation regulation, etc will not be relevant. If the article does not
relate to Accounting Theory content, zero marks will be awarded.
– The library has the ‘Australian Newspapers Online’ database which is a useful source from
which to find and download articles.
– Note: some newspapers provide a wider coverage of business news than others. The
Financial Review, The Sydney Morning Herald, The Australian, The Courier Mail and The Age
provide a good coverage of business issues.
3) ACCOUNTING THEORIES
Select an accounting theory that is relevant to each article:
DO NOT invent a theory – you MUST only use the theories listed on page 5 of this document. Note: the
‘market for lemons’ is NOT a theory.
EACH THEORY CAN ONLY BE USED ONCE i.e. three (3) different theories should be
used, one for each article.
– For example, if you select an article that relates to the Bonus Plan Hypothesis then you cannot refer
to that theory in your other two articles.
A word count MUST be included at the end of each section within each of your three reports, plus an overall
word count must be given at the end of each report.
For each article, apply the chosen accounting theory in a report style format:
Title of the Article and Article Reference Number (as shown in this document)
Then, the four sections of your report, each with a word count at the end:
- Summary (Part A):
– Summarise the article in a maximum of 100 words.
- Accounting Theory (Part B):
– Identify and briefly describe the accounting theory that you will be using in this
analysis. Use appropriate references. (Suggested word count = 100 words)
- Analysis (Part C):
– Provide an analysis of the relationship between the theory and the newspaper article.
Show how the facts of your article are directly related to the accounting theory
chosen. Use references to support your arguments. PLACE REFERENCES AT THE END
OF EACH ARTICLE ANALYSED. (Suggested word count = 350 words)
– Provide a brief conclusion. (Suggested word count = 50 words)
DO NOT reproduce the two articles which you select from this document– include only the title and number
of each article. You must include a copy of the article obtained by the group from a
newspaper or online source. Place this chosen article just before the analysis of this
IF YOU DO NOT FOLLOW THESE INSTRUCTIONS, YOU WILL LOSE MARKS FOR PRESENTATION.
- WRITTEN COMMUNICATION
This is a group assignment, not three (3) individual bits stapled together at 2.00pm on the submission date.
This means that all three (3) group members need to work on the assignment as a group with each person
contributing, editing, proofreading, etc. so that there is a consistent style throughout the assignment and each
person can identify errors in the work of the others. To obtain a good mark, significant editorial time is needed.
Do not submit the first draft of your assignment. Multiple revisions of the assignment are needed to achieve a
good quality end product.
2) MARKS FOR WRITTEN COMMUNICATION
There are 7.5 marks for written communication. Please refer to the criteria sheet and note:
Structure: Use a report format with sub-headings, as described above in Part C(4) on page 2.
- It is important to use sub-headings and short paragraphs to give clarity to your answer – clarity and
succinctness* are what distinguishes the very good from the average case study (*succinctness means
explaining the answer completely but concisely, i.e. in a relatively small number of words).
- Allow time for overall editorial work on conclusion of the assignment (each person will have an
individual writing style).
- SPELLCHECK (English) and GRAMMAR check must be run prior to submission.
- English help is available to assist students with written communication. You can make weekly
appointments – refer to the Learning@Griffith website.
(a) Submission of assignment on Safe Assign: In order to create only one Word file (Safe Assign does not
accept pdf files), students need to copy and paste the criteria sheet, the marking sheet, the page to submit
with draft, and the group contribution sheet onto the front of their assignment file and fill in all the details
online. The instructions also state that you need to attach the Griffith group assignment submission sheet and
there is an online version that you can use and paste it into the existing document (please use the Word
document available on the link below). Safe Assign will show a basic level of plagiarism as you are all using
these same documents. Do not worry about that.
(b) For the assignment submission, to create ONE WORD FILE to be submitted by the group leader, students
will need to scan a copy of the signed group contribution sheet. This will create a pdf. Students then using
‘tools’ need to select ‘snap shot’ then highlight the entire page. Then switching to their word doc. students
paste the copied pdf as a picture to their assignments. There are other methods of accomplishing this task but
this seems the easiest at this stage.
1) PLEASE ENSURE THE SUBMISSION IS TYPED, SINGLE-SPACED, AND APPROPRIATELY REFERENCED.
2) COMPILATION OF THE ASSIGNMENT
Please compile the assignment in the following order:
Griffith group assignment submission sheet – please ensure:
o THAT THE GROUP LEADER SIGNS THIS FORM on behalf of the group.
o That student numbers are unambiguous – make sure it is obvious which number you have
written. A ‘|’ should be a vertical line and clearly different from a ‘7’.
o That names are printed in English with family name, as recorded by Griffith University, in
capitals and underlined e.g. Majella PERCY.
Criteria Sheet and Marking Guide (on pages 8 and 9 of these instructions).
o PLEASE ENSURE ALL NAMES and STUDENT NUMBERS of GROUP MEMBERS are on the CRITERIA
SHEET AND MARKING GUIDE as well as on the assignment submission sheet.
o PLEASE UNDERLINE YOUR FAMILY NAME and put your family name in CAPITALS.
FAILURE TO FOLLOW THESE 2 INSTRUCTIONS WILL RESULT IN MARKS BEING DEDUCTED
Signed ‘Page to Submit with Draft’ (on page 6). (Place your chosen article just before the
analysis of this article).
Team Contribution Declaration Sheet (on page 7 of these instructions).
A title page.
A table of contents with the names and numbers of the newspaper articles chosen.
Analysis [see part C(4) on page 2]
– This section should contain normal academic referencing and reference sources. AT
LEAST TWO academic journal references per article MUST be included. Failure to do
so will result in marks being deducted.
– You MUST NOT refer to EITHER the Deegan textbook OR your WORKSHOP
Notes/PowerPoint slides IN YOUR REPORTS. Failure to follow this instruction will
result in marks being deducted.
A comprehensive reference list (see GBS Resource Bank – link available on L@G)
3) DO NOT:
Please ensure that you:
– Ensure that this complies with the required format of a reference list
In addition to the GBS Referencing Tool, you can also access an interactive Referencing Tool
that looks at referencing styles, including:
APA (American Psychological Association)
DO NOT Include the draft.
DO NOT Include the copies of the articles contained in this document. (Instead, you must list their
Titles in the Table of Contents and at the top of each section.)
DO NOT put the criteria sheet and marking sheet at the back of the assignment. (Instead, they MUST
be Page 2 and Page 3 of your assignment, and come immediately after the Griffith Group Assignment
Marks will be deducted for presentation if you do not adhere to these requirements.
4) SUBMISSION OF THE ASSIGNMENT
The designated Group Leader is to submit the assignment THROUGH SAFE ASSIGN at Learning@Griffith under
ASSESSMENT – Group Research Assignment Folder.
OTHER POINTS TO NOTE
Exemplars will be posted on Learning@Griffith by the beginning of Week 4.
The criteria sheet indicates how you will be marked. In addition to this, a detailed mark sheet is attached for
your reference (page 9). Please note, there are 7.5 marks for written communication and 2.5 marks for
presentation – this includes the correct recording of names and student numbers.
**You should refer to the Learning@Griffith website for penalties for late submission**
LECTURE TWO + WORKSHOP TWO
Public Interest Theory
Private Interest Theory (Economic Interest Group Theory)
LECTURE FOUR + WORKSHOP FOUR
Efficient Market Hypothesis
LECTURE FIVE + WORKSHOP FIVE
Stakeholder Theory [Two branches of Stakeholder Theory – (1) ethical (moral) and/or
normative branch and (2) positive (managerial) branch]
LECTURE SIX + WORKSHOP SIX
Positive Accounting Theory
Positive Accounting Theory – opportunistic perspective OR efficiency perspective
Political Cost Hypothesis
Management Bonus Hypothesis – opportunistic perspective AND/OR efficiency perspective
Debt Hypothesis – opportunistic perspective AND/OR efficiency perspective