The word limit is 1500 words and please use a minimum of 10 academic references. Academic references should be journals, book, and articles.
Acct6007_Assignment 2 Brief Critical Analysis Page 1 of 5 ASSESSMENT BRIEF Subject Code and Title ACCT6007 Financial Accounting Theory and Practice Assessment Critical Analysis Individual/Group Individual Length 1500 words +/- 10% Learning Outcomes c. Explain the relationship between accounting theory, the accounting conceptual framework and accounting standards. d. Work individually and in groups to identify and apply appropriate accounting standards to a range of authentic accounting scenarios. Submission Week 9 Sunday 11:55pm (AEST) Weighting 25% Total Marks 100 marks Context: This assignment develops research and critical thinking abilities. It is a critical analysis/review of an academic article. Changes in technology are impacting accounting and how accountants perform their jobs. This activity will provide students information on new trends in accounting field. Instructions: Download and critically analyse an academic article written by Afua A. B. Agyekum and Robert P Singh. This article can be found in the Torrens University library using the following citation: Agyekum, A. A. B., & Singh, R. P. (2018). How Technology is Changing Accounting Processes: Institutional Theory and Legitimacy Theory Perspective. Journal of Accounting & Finance (2158- 3625), 18(7), 11–23. Retrieved from http://search.ebscohost.com.ezproxy.laureate.net.au/login.aspx?direct=true&db=bsu&AN=1324541 37&site=ehost-live http://search.ebscohost.com.ezproxy.laureate.net.au/login.aspx?direct=true&db=bsu&AN=132454137&site=ehost-live http://search.ebscohost.com.ezproxy.laureate.net.au/login.aspx?direct=true&db=bsu&AN=132454137&site=ehost-live Acct6007_Assignment 2 Brief Critical Analysis Page 2 of 5 Format: Essay format or any other acceptable academic format for critical review. Referencing style: APA referencing style guide. Note: Use minimum 10 academic references. Answer the following questions in your critical review: 1. Research and briefly explain Institutional Theory and Legitimacy Theory of Accounting? 2. Evaluate and assess adoption of Information Technology in Accounting through Institutional Theory and Legitimacy Theory perspective of Accounting. Use examples to illustrate how accounting systems are institutionalised within organisations and provide external legitimacy. 3. Critically evaluate the propositions made by the authors. Do you agree or disagree with the 4 propositions in the article? Explain your point of view and provide evidence from other academic resources. 4. Comment on any strengths and weaknesses of the article. To answer all the above questions: Review the article provided and search for related academic journal articles. Use minimum 10 academic references. Academic skills resources: Analysing the Brief, Essay Writing, and Critical Thinking These resources can be downloaded from LASU - Learning and Academic Skills Unit on Blackboard following the link: https://laureate- au.blackboard.com/webapps/blackboard/content/listContent.jsp?course_id=_20163_1&content_id =_2498849_1 https://laureate-au.blackboard.com/webapps/blackboard/content/listContent.jsp?course_id=_20163_1&content_id=_2498849_1 https://laureate-au.blackboard.com/webapps/blackboard/content/listContent.jsp?course_id=_20163_1&content_id=_2498849_1 https://laureate-au.blackboard.com/webapps/blackboard/content/listContent.jsp?course_id=_20163_1&content_id=_2498849_1 ACCT6007_Assignment 2 Brief Critical Analysis Page 3 of 5 Learning Rubrics Assessment Attributes Fail (Unacceptable) 0%-49% Pass (Functional) 50%- 64% Credit (Proficient) 65%-74% Distinction (Advanced) 75%-84% High Distinction (Exceptional) 85% - 100% Grade Description (Grading Scheme) Evidence of unsatisfactory achievement of one or more of the learning objectives of the course, insufficient understanding of the course content and/or unsatisfactory level of skill development. Evidence of satisfactory achievement of course learning objectives, the development of relevant skills to a competent level, and adequate interpretation and critical analysis skills. Evidence of a good level of understanding, knowledge and skill development in relation to the content of the course or work of a superior quality on the majority of the learning objectives of the course. Demonstration of a high level of interpretation and critical analysis skills. Evidence of a high level of achievement of the learning objectives of the course demonstrated in such areas as interpretation and critical analysis, logical argument, use of methodology and communication skills. Evidence of an exceptional level of achievement of learning objectives across the entire content of the course demonstrated in such areas as interpretation and critical analysis, logical argument, creativity, originality, use of methodology and communication skills. Institutional Theory and Legitimacy Theory of Accounting explained 20 Does not meet minimum standard Demonstrates no awareness of content and/or purpose of the assignment. Meets minimum standard Demonstrates limited awareness of content and/or purpose of the assignment Moves beyond minimum standard Demonstrates consistent awareness of content and/or purpose of the assignment. Exceeds minimum standard Demonstrates an advanced and integrated understanding of content and/or purpose of the assignment. Exceeds minimum standard and exhibits high levels of independence Consistently demonstrates a systematic and critical understanding of content and purpose of the assignment. http://www.tua.edu.au/media/50742/a240_grading-scheme.pdf ACCT6007_Assignment 2 Brief Critical Analysis Page 4 of 5 Theories applied to explain IT adoption 25 Limited understanding of required concepts and knowledge Key components of the assignment are not addressed. Knowledge or understanding of the field or discipline. Resembles a recall or summary of key ideas. Often conflates/confuses assertion of personal opinion with information substantiated by evidence from the research/course materials. Thorough knowledge or understanding of the field or discipline/s. Supports personal opinion and information substantiated by evidence from the research/course materials. Demonstrates a capacity to explain and apply relevant concepts. Highly developed understanding of the field or discipline/s. Discriminates between assertion of personal opinion and information substantiated by robust evidence from the research/course materials and extended reading. Well demonstrated capacity to explain and apply relevant concepts. A sophisticated understanding of the field or discipline/s. Systematically and critically discriminates between assertion of personal opinion and information substantiated by robust evidence from the research/course materials and extended reading. Mastery of concepts and application to new situations/further learning. Critical reasoning, presentation and defence of an argument and/or position 25 Specific position (perspective or argument) fails to take into account the complexities of the issue(s) or scope of the assignment. Makes assertions that are not justified. Specific position (perspective or argument) begins to take into account the issue(s) or scope of the assignment. Justifies any conclusions reached with arguments not merely assertion. Specific position (perspective or argument) takes into account the complexities of the issue(s) or scope of the assignment. Others’ points of view are acknowledged. Justifies any conclusions reached with well-formed arguments not merely assertion. Specific position (perspective or argument) is expertly presented and accurately takes into account the complexities of the issue(s) and scope of the assignment. Justifies any conclusions reached with well-developed arguments. Specific position (perspective or argument) is presented expertly, authoritatively and imaginatively, accurately taking into account the complexities of the issue(s) and scope of the assignment. Limits of position are acknowledged. Justifies any conclusions ACCT6007_Assignment 2 Brief Critical Analysis Page 5 of 5 reached with sophisticated arguments. Strengths and weaknesses of the article 10 Limited discussion Justifies any conclusions reached with arguments Justifies any conclusions reached with arguments not merely assertion. Justifies any conclusions reached with very well developed arguments not merely assertion. Justifies any conclusions reached with sophisticated arguments. Use of academic and discipline conventions and sources of evidence. Grammar, spelling and referencing 20 Poorly written with errors in spelling, grammar. Demonstrates inconsistent use of good quality, credible and relevant research sources to support and develop ideas. There are mistakes in using the APA style. Is written according to academic genre (e.g. with introduction, conclusion or summary) and has accurate spelling, grammar, sentence and paragraph construction. Demonstrates consistent use of credible and relevant research sources to support and develop ideas, but these are not always explicit or well developed. There are no mistakes in using the APA style. Is well-written and adheres to the academic genre (e.g. with introduction, conclusion or summary). Demonstrates consistent use of high quality, credible and relevant research sources to support and develop ideas. There are no mistakes in using the APA style. Is very well-written and adheres to the academic genre. Consistently demonstrates expert use of good quality, credible and relevant research sources to support and develop