A Report of 2000 words is to be prepared over the mid-semester break and is due at the start of class in Week 7, 30 April 2014. This Report is worth 15 marks and it is designed to have the students consider a solution to a current topical issue being the relevance of a single set of global accounting standards. Marks will be awarded on the quality of the answers.

Extensions:No extension will be granted unless the special consideration has been approved by the Unit Convenor as per University policy.

Penalties:Late submission will not be accepted for marking, i.e., a mark of ZERO will be assigned accordingly.

A Class Test will be held during the class on Wednesday 9 April 2014. All topics up to and including the topic for the class of 2 April 2014 are examinable. Further information regarding the format of this Class Test will be provided in class.

Extensions:No extension will be granted .There will be no supplementary Class Test. Therefore, absence from the Class Test will, upon receipt of adequate documentation of misadventure or illness, increase the weighting on the final examination to 75%. You must lodge an Advice of Absence form with the Student Centre within 7 days after the Class Test and you must provide documentary evidence (e.g. medical certificate) to support your absence.

Penalties:Late submission will not be accepted for marking, i.e., a mark of ZERO will be assigned accordingly.

 I. WEEKLY ASSIGNMENTS (5%)

During the semester, 3 of your weekly assignments will be collected for the purpose of assessing whether or not you are making sufficient effort in preparing answers to assignment questions. No advance notice will be given that a particular weekly assignment will be collected. It is only possible to submit your assignment in the session in which the assignment is due.

This part of the assessment is worth 5%.  The best 2 of the 3 collections will be counted  towards this assessment. The following grading system will apply: An assignment deemed by the tutor to be satisfactory (i.e. where all questions have been satisfactorily attempted, with a “satisfactory attempt” meaning a genuine attempt to fully answer all questions) will be graded as “S” (satisfactory) and will earn full 2.5%.

 An assignment deemed by the tutor to be incomplete (i.e. a small number of the questions have not been attempted or not fully answered but a genuine attempt has been made to fully answer the other questions) will be graded as “I” (incomplete) and will earn 1.5%..

An assignment deemed by the tutor to be unsatisfactory (i.e. not assessed as falling within the other two categories) will be graded as “U” (unsatisfactory) which earns 0%.

Weekly assignments must be word-processed (typed). Under no circumstances will handwritten assignments be accepted. In addition, your student number must appear in the top right-hand corner of each page of the assignment.

Extensions: No extension will be granted unless the special consideration has been approved by the Unit Convenor as per University policy.

Penalties:Late submission will not be accepted for marking, i.e., a mark of ZERO will be assigned accordingly.

II. CLASS PRESENTATION (5%)

During the semester, each student will be allocated an assignment question and will be required to present their answer to the class. The presentation will be graded out of 5 marks (in total 5% of the Unit).

The Presentation will be assessed using the following criteria which covers both the technical correctness of the answer and quality of presentation: How well the material is structured; how effective the answer to the question is; how clearly and well communicated the key points are expressed; how well the class’s attention is kept; how clear and concise the summary is.

Extensions:No extension will be granted unless the special consideration has been approved by the Unit Convenor as per University policy.

Penalties:Late submission will not be accepted for marking, i.e., a mark of ZERO will be assigned accordingly.

 A final examination is included as an assessment task for this unit to provide assurance that:

i) the product belongs to the student, and

ii) the student has attained the knowledge and skills tested in the exam.

To pass the unit a student must pass the final examination and achieve a passing grade in their overall marks.

The final examination for this unit will be held during the University Examination period. The University Examination period is in June 2014. More information about the final examination will be provided later in the semester.

You are expected to present yourself for examination at the time and place designated in the University Examination Timetable. The timetable will be available in Draft form approximately eight weeks before the commencement of the examinations and in Final form approximately four weeks before the commencement of the examinations.

http:// exams.mq.edu.au/

The only exception to not sitting an examination at the designated time is because of documented illness or unavoidable disruption. In these circumstances you may wish to consider applying for Special Consideration. The University’s policy on special consideration process is available at http://www.mq.edu.au/policy/docs/special_consideration/policy.html

If a Supplementary Examination is granted as a result of the Special Consideration process the examination will be scheduled as per the Supplementary Examination timetable of the Faculty. Please note that the supplementary examination will be of the similar format as the final examination.

The Macquarie university examination policy details the principles and conduct of examinations at the University. The policy is available at: http://www.mq.edu.au/policy/docs/examination/policy.htm