Urgent-FRS-need help Research Paper
I choose Ajinamoto company for this assignmenti need a help to complete this assignment..i want the assignment by 2day Document Preview: ACT 3127 EXEC: ADVANCED FINANCIAL ACCOUNTING II (SEM 1:12/13) (GROUP ASSIGNMENT = 15%) In a group of 5 to 6 members (your group members will be set), each group is required to identify 5 or 6 companies (depending on the number of your group member) such that each company represents different industries from Bursa Malaysia Stock Exchange. Each member is required to analyse the recognition, measurement (initial and subsequent, taking into consideration of respective MFRS 136 requirement), presentation and disclosure of goodwill of the selected companies from financial year ended 2004 to 2011. You are also required to discuss the impact of MFRS 3 (pre and post amendment), MFRS 127 (Latest Amendment) and MFRS 10 issuance on the reporting of their acquisition (including merger if exist) activities. Using the same companies and observation period, you are further required to evaluate the reporting (recognition, measurement, presentation and disclosure) of the firms financial instruments (i.e. derivatives, bonds, loans, receivables and others; choose 2 types of financial instruments). You will be given additional 5 marks if you can find company which reported financial instruments that were used to be an off-balance sheet items before the issuance of the financial instrument accounting standards. The group assignment needs to be prepared in a form of report which includes information about the companies background and activities. The information above need to be evaluated and discussed based on the requirements of their respective accounting standards including MFRS 13 and also reviews of journals articles on the subjects. You will be given more merit when you provide critical views on the reporting practice of the companies based on your literature research and other relevant readings (eg based on information gathered on perspectives and needs of users of financial report and constraint faced by preparers) rather than simply reporting what the companies Attachments: Group-Assignm.doc
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