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CORPORATE ACCOUNTING
RESEARCH
ASSIGNMENT
SEMESTER 1, 2014
RESEARCH
TOPIC
Polaris
Ltd is a public company which is listed on the Australian Securities Exchange
and has numerous small shareholders. Polaris Ltd owns 35% of the issued ordinary
shares of Beta Ltd. The remaining shares of Beta Ltd are widely distributed
among numerous small shareholders, none of which own more than 4% of Beta Ltd.
Beta Ltd’s constitution provides that at general meetings of the company,
ordinary shareholders are entitled to vote on resolutions and elect directors,
on the basis of one vote per ordinary share.
At general meetings of
Beta Ltd, resolutions proposed by Polaris Ltd are invariable passed, and
candidates for directorships nominated by Polaris Ltd are invariable elected,
because many small shareholders in Beta Ltd do not exercise their right to
attend general meetings and vote.
REQUIRED
Advise Polaris Ltd
whether it is required to produce consolidated financial statements (CFS).
Consider the levels of controland themembers’ rightsin
your answer.
MARKING
SCHEME
Assessment
Score
Word
Very
Good
Average
Poor
Very
Allocation
Count
Good
Poor
1.
Synopsis
/ abstract
2.5
150
2.
Introduction
5.0
150
3.
Part
A – CFS
20.0
450
4.
Part
B – Control
30.0
600
5.
Part
C – Rights
25.0
500
6.
Conclusion
5.0
150
7.
Referencing
and citations
5.0
8.
Evidence
of reading, quality and
2.5
quantity
9.
English
expression, coherence,
5.0
grammar
and spelling
Score
(out of 100)
100.0
Mark
(score divided by 5)
INFORMATION
Your
research assignment must be submitted at the beginning of your seminar in week
10. Penalties will apply for late submission.
The following matters
should be given particular attention:
1. Assignments
must not exceed the word counts indicated. Double space your pages, use a 12-pt
Times New Roman font, use 2 cm margins on all four sides of your page.
2. Your
assignment must include an abstract/synopsis, introduction, essay body that
clearly addresses the problem areas, a conclusion and a properly referenced
appendix. (refer to the research essay marking rubric for further guidance)
3. Evidence
of extensive research beyond the prescribed text is required. Ensure these are
referenced appropriately. Refer to the statement regarding plagiarism.
4. NO
extensions will be granted unless supported by appropriate documentation prior
to the due date.
5. This
assignment must be handed in for successful completion of the course and will
count 20 marks towards the final mark.
6. The
word count for the assignment is 2000 words. Please refer to the Research
Assignment Marking Scheme for the specific allocation of words for each
specific section of your assignment (refer point 2 above).
7. Scores
(fractional marks) have also been allocated to each specific section of your
assignment.
8. The
research assignment is to be conducted in groups of two. Students do not have
the option to extend or reduce the size of the group. If the class has an odd
number of students then one student must undertake the assignment on their own.
