BUS5002 Applied Accounting and Financial Management Assessment Brief 2026 | APIC

Assessment 1: Stimulation Strategy

Assessment 1 Detail:

You are expected to draw upon written material and required readings. However, to stand out, your contributions should be a synthesis of sources (i.e. one source is not enough). You should analyse questions from various lenses as necessary for instance, based on definitions, accounting principles, reporting regulations, research, examples (may include real life ones) or other possible sources. In your arguments, correct terminology and coherent expression should be interwoven throughout. Finally, it should be a synthesis of various sources, overlaid with your own view.

This assignment also assesses you for your overall participation in the discussion forums and the quality of interaction with other students. This is a perfect opportunity of communicating your point of view or strategies while being receptive, respectful and polite to various other possible opinions.

This assessment is further divided into part A and part B due at the end of weeks 3 & 5 respectively. Each descriptive question must be answered in 400 (+/- 10%) words. The part b) in Week – 5 is a numerical question and the word limit does not apply. The questions are as follows:

Week – 3

a) ‘The accounting process and the reporting requirements must be the same for a small family-owned milk bar and a listed company’. Do you agree with this statement?

b) ‘Ensuring that the accounting equation is strictly followed while recording all the business transactions guarantees the accuracy of the financial data recorded and reported in the financial statements.’ Discuss to validity of the statement.

Week – 5

a) ‘All costs are classified as Expense, recorded in the Income Statement and affect overall Equity of the business adversely.’ Discuss the statement.

b) Transaction Analysis Scenario

The following information provides details of some of the activities of Ms Brown for the month of October 2020.

Ms Brown’s accountant has advised her to maintain a monthly reporting system using the accrual accounting basis. You must identify and record the relevant business transactions in the workbook format using the accounting equation. You may create meaningful accounts names as you need. Provide your assumptions if you make any.

1. The Bank balance on 1st October ’20 is $15,000.
2. Ms Brown has to make a payment of $40,000 by 12th October ’20 to her supplier. However, the delay in receiving payments from her clients in September have disrupted her cash flow cycle, and she needs to make arrangements to honor her invoice. On a social visit to her parents early on the morning of 5th October ’20 the Monday, in her anxiety, she discussed her situation with them. They offered $10,000 as a gift to her (their daughter) and extended another $20,000 as a short-term loan. Ms Brown graciously accepted the offers.
3. In the afternoon of 5th October ’20, she visited her bank branch and deposited this $30,000 to her business account. She also discussed her situation with her bank manager, and the manager suggested a few other options to meet the shortfall. The bank manager offered her an overdraft facility with a limit of $10,000, for no additional cost which allows her to overdraw her business account at any point in time. The bank manager also suggested her to subscribe for further options such as a ‘Ready line of credit’ or a ‘Credit card’. The manager explained that she qualifies for a limit up to $20,000 and $40,000 respectively for the two options. They both have an annual fee being $100 and $250 respectively, to be paid at the time of signing the contract. She may only choose one of the options. The credit card is an expensive option, both in terms of the annual fee and the interest rates but provides a 50 days interest free period. Ms Brown needed time to reflect on the options, and the manager prepared and handed over the contract papers for both the products to be signed and returned later.
4. On 6th October ’20, she renewed her yearly business insurance for the period October ’20 to September ’21 and paid $2,400. She also made a rental payment of $2,000 for her office premise for the month of November.
5. On 7th October ’20, she finalized an appointment of a staff member whom she had interviewed last month and offered a salary package of $60,000 per annum. The new employee will start working from the 1st November after serving notice at the current workplace.
6. On 8th October ’20, she received a payment of $5,000 from her client for sale in September ’20.
7. On 9th October ’20, she decided to apply for the credit card option offered to her by the bank manager on the 2nd October ’20 and signed the contract on that date. The Bank Manager confirmed that the processing will take some time and that she will be able to use her credit card from 1st November onwards.

BUS5002  Assessment 2: Stimulation

BUS5002  Assessment 2 Details:

You are required to study the annual reports of a CSL company over the past three years and present your findings in a business report format. Your business report should evaluate the relative financial performance of the company based on the financial analysis results and propose strategies for future improvements. You are expected to draw upon written material and required readings. The financial analysis should be conducted using skills and techniques learned in this course. You are required to:

• Identify, calculate and analyse the appropriate financial ratios from the five key categories based on its annual reports.
• Evaluate major business segments’ profitability of the company.
• Use appropriate graphs to illustrate the relative performance of the company, including the trend of the ratios.
• Discuss the suitability of the current business strategies and propose strategies for future based on your analysis.

When interpreting the financial ratios, you are required to compare the ratios with various benchmarks such as prior years, the competitors and the industry averages. Please present your detailed calculations in an appendix. If you carry out your calculations using an Excel workbook (highly recommended), please copy and paste key excerpts in your appendix. Please also upload your Excel workbook for the course facilitator.

While  discussing  your  analysis,  correct  terminology  and  coherent  expression  should  be  interwoven throughout. Finally,  it  should  be  a  synthesis of  various  relevant  financial  ratios  and  their  interpretation, overlaid with your own view of the overall health of the business followed by your recommendations.   

Assessment 2 Marking Criteria and Rubric: 

The assessment will be marked out of 100 and will be weighted 40% of the total unit mark. The marking criteria and rubric are shown on the following page. 

Assessment 2 Marking Criteria and Rubric 

BUS5002 Assessment 3: Reflective Presentation 

BUS5002 Assessment 3 Details: 

ABC Pty Ltd intends to form a special purpose vehicle (SPV) to be incorporated in Australia. This will involve building new water treatment facilities. ABC Pty Ltd intends to undertake the development of the proposed water treatment facilities through a project financing approach. The constructed facilities will be used as the business solution in providing clean water solutions to the local community.

The following are some of the in-principle agreements with the various parties after much negotiation:  

1. The project is to be developed using a BOT arrangement where WaterSolution will finance and build, operate and transfer the facilities back to the state government at the end of 20 years.   

2. There are three off-take agreements:  

a. to sell CallWater Pty Ltd 450,000 cubic litre of treated water per day at a fixed price of $0.025 per cubic litre. This agreement will expire at the end of 20 years. The contract allows for the price to increase by 7% per annum.  

b. to sell APWater Limited 550,000 cubic litre of treated water per day at a fixed price of $0.020 per cubic litre. This agreement will expire at the end of 20 years. The contract allows for the price to increase by 10% per annum.  

c. to sell Nuwater Pty Ltd 600,000 cubic litre of treated water per day at a fixed price of $0.030 per cubic litre. This agreement will expire at end of 20 years. The contract allows for the price to increase by 5% per annum.  

3.  The  capital  expenditure  (include  construction  cost  plus  all  relevant  professional  fees,  insurance)  is estimated at $85,000,000 incurred at year 0.  

4. WaterSolution has an agreement to buy untreated water 1,600,000 cubic litre from DirtyWater Ltd at the price of $0.012 per cubic litre. The price of untreated water will increase by 3% per annum.  

5.  The  annual  operation  cost  (starting  from  year  1)  is  estimated  to  be  as  follows:  -  Management  fees $350,000 per annum with an increase of 10% per annum - Maintenance works $600,000 per annum with an increase of 10% per annum - Insurance cost $150,000 per annum with an increase of 5% per annum - Miscellaneous cost is fixed at $100,000 per annum  Also, assume the following:   1. Current interest-free rate (based on Government bond) is 3.5%