115.112 Accounting Assessment 3 Business Financial Evaluation Semester 1, 2024

The assessment will be in two parts:

Part A: Analysing financial statements using Power BI (asoftware application) and a financial discussion.

Part B: Evaluating and reporting on Iwi financial performance using the TDB Advisory Ltd Iwi Investment Report (2022).

How to approach this Assessment

.        Please read all instructions before starting the assessment.

.        Study the relevant material in the textbook and other study material and make sure you understand the concepts covered.

Before attempting Part A of the Assessment 3

1.      Download Power BI Desktop OR access Power BI through Massey’s Flexible Learning environment as discussed on the following page.

2.      Download the following file from Stream under the Assessment 3 files folder and save it on your device:

115.112 Data Assessment 3.xlsx

3.      Access the material provided for Power BI training under the Assessment Resources section:

.     Power BI Recording – a quick run through using the application.

.     Data visualisation slides – useful resource for requirement (ii) and (iii) .

.    ‘ How to access Flexible Learning environment from anywhere’ for students that are not Microsoft users.

4.      Attempt Part A.

5.      You can attempt Part A without the training material if you have prior knowledge of the Power BI application.

Power BI Desktop Download for Microsoft users

Part A of this assessment requires you to complete tasks using Power BI Desktop (It is a free to use program). Please follow this link to download the program:

Power BI Download

Download the ‘Microsoft Power BI Desktop’ version as highlighted in purple below in the screen shot from the Microsoft website:

.    After downloading and opening the application, you will be asked to log in. DO

NOT ATTEMPT TO LOG IN USING YOUR MASSEY CREDENTIALS OR ANY   OTHER CREDENTIALS. You can use the application without logging in. Opt out of logging in, by closing the dialogue box.

.    You are now ready to upload the Excel file (see point 2 on page 2).

Power BI Desktop usage for Non-Microsoft users (Apple etc.)

If you are unable to download Power BI Desktop to your computer, you can access the program by remotely accessing Massey’s Flexible Learning environment. You will find the complete instructions under the Assessment Resources section on the Stream site. The file is called, ‘How to access Flexible Learning environment from anywhere’ .

Submitting the Assessment files

.        The assessment will result in 2 separate files; one Power BI file and one Word file.

.        Submit both files in the provided submission point for Assessment 3.

.        Follow  the  instructions  “Submitting  Assessments  to  Stream  Assignment  boxes” , which is available under the Assessment section on Stream. Stream records the submission date and time. See the Course Guide for policies re extensions and late submissions. Penalties will be applied to late submissions for which an extension has not been granted.

.        Use the following naming convention for the files that you create: use your Last Name and Student ID number as the name of the file [Do not change the file extension or you (and the marker) will not be able to use the file].  For example, if your Last Name is   Smith   and    your   Student    ID   number    is   88888888;    your   files   will    be Smith88888888.pbix and Smith88888888.docx.

.        Once you have started working on an assessment you should make backups. It pays to rename different versions of your work.  A simple way to do this is to use the Save as file instruction and add a number or letter to the end of the file name. (This allows you to go back to an earlier version.)

(ii)        Present the 2023  ratios in relevant tables in your Power BI file to compare the

companies, in the ‘Report view’ . The tables have to express profitability, efficiency, liquidity and financial gearing appropriately. (16 marks)

(iii)       Create appropriate graphs in your Power BI file for the 2023 ratios to compare the companies, in the ‘Report view’ . The graphs have to express profitability, efficiency, liquidity and financial gearing appropriately. (16 marks)

In a Word document:

(iv)      Your client  is particularly interested in company  F’s  performance. Write a simple discussion where-in you:

.     Evaluate company F’s profitability by comparing the company’s 2023 results with its results for 2022.

.    Compare company F’s profitability, with that of the other companies for 2023.

To justify your explanations, use relevant 2023 ratios from requirement (i) and the 2022 ratios of company F, as provided below:

(24 marks)

PART B – Accounting Information for Maori Business:

In a Word document:  [Use the same file as for requirement (iv)]

To answer the following question, use the TDB Advisory Report for 2022 (Iwi Investment Report 2022), which can be accessed here:TDB Report

(v)        Discuss  and  compare  the investment  performance (Assets and net worth,

Return on Assets, and Net Asset per Member)  of  the  two  iwi, Ngāti Whātua

Ōrākei and Ngati Porou. Include a discussion and a comparison of the asset classes each of the two iwi invested in. (27 marks)

(vi)       References for (v). (4 marks)

Presentation of discussion requirements:

.     Answer (iv), (v), and (vi) in the same Word file.

.     Answers should be well reasoned and comprehensive.

.     Your answer for (iv) should range from 400 to 500 words.

o Do not copy the tables and visualisations from (i), (ii) and (iii) into the Word document as part of your discussion. Just refer to the ratio amounts.

o References are not required.

.     Your answer for (v) should range from 400 to 500 words. This does not include the references.

o Consult the provided study material and the TDB Advisory Report for 2022 for  information.  It  is  also advisable to add to this material from  other literature, e.g. websites from the internet (e.g., each iwi’s website)

o References are required. Apply the APA 7th  ed. method of referencing. For a handy online, interactive tool,click here.

.      The discussions of (iv) and (v) do not need to be presented in the form of reports or essays.

.     A good way to limit word usage is by using bulletpoints.