ACT B332F Company Accounting II
Extended Assignment
SUBMISSION DEADLINE: 24 May 2020 (Friday) 5:00 p.m.
Extended Essay (1,000 – 1,200 words)
Weighting: 40% of your course score
Extended Essay (1,000 – 1,200 words)
Select a company of a non-financial industry listed on the Hong Kong Stock Exchange
and download its most recent published annual financial statements and interim financial
statements. Discuss whether the interim and annual financial statements have complied
with the relevant rules and financial reporting standards in the recognition, measurement,
presentation and disclosure requirements and how the financial statements can be used by
its users in decision-makings.
Remarks:
A softcopy of the published financial statements or the hyperlink of the published
financial statements should be included in your extended essay as appendix (Note: words
in the published financial statements will not be counted).
Guidelines:

  1. You can use the following first link to search for a company of a non-financial
    industry for study and the second link to download the necessary financial reports.
    https://www.hkex.com.hk/Mutual-Market/Stock-Connect/Eligible-Stocks/A-share-Lookup￾Tools?sc_lang=en&listed_company
    https://www1.hkexnews.hk/search/titlesearch.xhtml?lang=en
  2. Your extended essay should cover the following aspects:
     Discuss how the annual financial statements have complied with the relevant rules
    and financial reporting standards in the recognition, measurement, presentation and
    disclosure on any THREE of the following items covered in the course:
     Provision and contingencies
     Leases
     Income taxes
     Earnings per share (basic and diluted)  Changes in accounting policy
     Discuss the similarities and differences in the recognition and measurement basis
    used in interim and annual financial statements
     Discuss how the annual and interim financial statements can be used to assess the
    business performance, short-term liquidity and long-term solvency position of the
    company.
  3. You should refer to the marking rubrics below before you answer the question.
    2
  4. You must answer the question in your own words. You are not required to repeat the
    definitions of terms / criteria from study materials or accounting standards. You must
    not plagiarise materials from internet or any other source.
    End