LUCT – ASSIGNMENT FRONTSHEET

Bachelor of Business (Hons) in

Faculty Business Programme Title
Accounting
BBA3163  International BBACC YR1 19/02 (DAY)
Unit Title Batch Code
Accounting BBACC YR1 20/01 (DAY)
April 2022 – September 2022 /
Unit Lecturer Mr. Zihan Mohamed Term / Semester
Semester 5 & 6
Hjh Azimah, Hjh Wan, Hjh
Unit Vetter Programme Leader Ms Gwendoline William
Norhafidah
Assessment Type Group Assignment Assessment Weightage 20%
th
Release Date 20 May 2022 Submission Date 25th July 2022
Attempt First Attempt Re-sit
Coursework Policies
1. All coursework submitted must include a copy of the full brief given by the Lecturer. All source material must be cited in the text and a
full bibliography of source material (including author, title, publisher and date) listed at the end of the submission.
2. All work must be submitted in the mode instructed by the Lecturer.
3. Work submitted under the student’s name must only be the work of that student. All information sources must be acknowledged.
Plagiarism is a serious offence and will render offenders liable to disciplinary action as set out in the rules and regulation of the
institution.
4. Students MUST keep a copy of all submitted work for reference purposes prior to the original being handed in and returned. This will
provide proof that the work was completed, in the event that the work goes astray.
5. Whenever a candidate submits work after approved deadline without an authorised extension, a “F” grade will be awarded. Lecturer
may comment on the quality of the work for learning purposes.
6. Requests for extensions of submission deadlines must be made in writing prior to the submission deadline to the Lecturer and must be
supported by documentary evidence.

Student Full Name

IC Number Contact No:
Batch Code
STUDENT DECLARATION

I, ……………………………………………………………………............. hereby certify that this assignment is my own

work and where materials have been used from other resources, they have been properly acknowledged. I also
understand I will face the possibility of failing the module if the contents of this assignment are found to be
plagiarized.

Signature: ………………………………………………… Date: …………………………………………………

RECEIPT ACKNOWLEDGEMENT (LECTURER)

Received By ………………………………………………… Date…………………………….Time……………….

Remarks
……………………………………………………………………………………………………………………………
(Tear Here)
RECEIPT ACKNOWLEDGEMENT (STUDENT)

Received By ………………………………………………… Date…………………………….Time……………….

Remarks
……………………………………………………………………………………………………………………………
GRADING CRITERIA USED TO ASSESS WORKS

Marks Grades Pointer Justification

80 – 100 A 4.00
Pass with Distinction
75 – 79 A- 3.67
70 – 74 B+ 3.33
65 – 69 B 3.00 Pass with Merit
60 – 64 B- 2.67
55 – 59 C+ 2.33
50 – 54 C 2.00
Pass
45 – 49 C- 1.67
40 – 44 D 1.00
00 – 39 F 0.00 Fail
EXP - Exempted
PC 1.00 Pass Conceded
X 0.00 Pending Supplementary Assessment
PX 1.00 Passed with Supplementary Assessment
Def - Deferred
DNS 0.00 Did Not Submit
 ASSIGNMENT BRIEF / DESCRIPTION

LEARNING OBJECTIVES

In this course, the students will be,

• Exposed the critical role of international perspectives and national cultures and differences
in how International Financial Accounting Standards (IFRS) have and continue to be
shaped

LEARNING OUTCOMES

At the end of this course, student will be able to:

1. Describe the international dimensions of accounting.
2. Explain the impact of international accounting practices on the business decision making
process.

INSTRUCTIONS

• The assignment must be submitted with an assignment cover page with clear particulars of
the individual.
• The answer(s) need to be neatly typed. Hand-written assignments would not be allowed.
• The question does not have to be re-written in your answer. The assignment should ONLY
contain your answers
• Indicate the question member clearly to your relevant answer.
• Any workings should clearly be shown.

SCENARIO / INTRODUCTION

International Accounting is a global aspects of accounting, including such matters as

accounting principles and reporting practices in different countries and their classification
patterns of accounting development, International and regional harmonization, foreign
currency transactions, foreign exchange risk, international comparisons of consolidated
account and inflation accounting.

Accounting fraud is intentional manipulation of financial statements to create a facade of a

company's financial health. It involves an employee, account, or the organization itself and is
misleading to investors and shareholders. A company can falsify its financial statements by
overstating its revenue or assets, not recording expenses and under-recording liabilities.

You are required to find any ONE (1) accounting scandal that happened after the year 2000
from any country and the selected scandal should be examined in a court and final judgment
given to the victims. Please be noted to register the chosen accounting scandal with the lecturer
so that there would not be any duplicate scandal among others.
Your report should include following information:

▪ Introduction
▪ About the selected Accounting Scandal.
▪ People involved in the scandal.
▪ The effects of the accounting scandal.
▪ The legal actions against the accounting scandal issue.
▪ Post effects of accounting scandal
▪ Conclusion
▪ Present your findings in the class.

SUBMISSION CRITERIA

1. Students are required to produce a documentation of not Less than 15 pages, excluding the
reference list and appendices.
2. For your documentation/report you should use:
o Word processor on A4 size
o Times New Roman, 12
o 1.5 spacing
o Use APA Referencing style
3. Hard copy of the assignment accompanied by the signed ‘LKW-Assignment front sheet’
must be submitted to the Subject Lecturer on or before 25th July 2022 and E-mail a soft
copy to zihan.j@igsbrunei.edu.bn by the submission date.

RECOMMENDED INFORMATION SOURCES

• Timothy Doupnik & Hector Perera, International Accounting (4th edition.), McGraw-
Hill, 2017.
• Claire B. May and Gordon S. May. Effective Writing: A Handbook for Accountants.
9th edition, Prentice Hall. 2019.
Please do not use Wikipedia as a source of reference BUT you can use it as a reading
source only.
PLAGIARISM MARKS DEDUCTION

Plagiarism Marks Deduction

Plagiarism is an academic dishonesty. Submit your work in original.
If plagiarism is detected, lecturer must fill up the (FM004) Suspected Plagiarism Report Form.
If the student found guilty the marks would be deducted as follows:

% Similarity (From) % Similarity (To) % of Mark Deduction Level

30.00 50 (25-50) 1

50.01 70 (51-70) 2

70.01 100 (71-100) 3

 BBA 3163 INTERNATIONAL ACCOUNTING
GROUP ASSIGNMENT
MARKING SCHEME

STUDENT NAME

BATCH BBACC YR1 19/02 (DAY) BBACC YR1 20/01(DAY)

TOPIC Accounting Scandals

Allocated Actual Second

Criteria Marks Marks Marker
Marks
PART 1

INTRODUCTION
Discuss the role of national culture 4 Marks
plays on corporate culture
Discuss the role a nation’s legal system
3 Marks
plays in fraud detection and deterrence 15

Examine the impact of national and 4 Marks

corporate culture on ethical behavior
Elaborate the importance of ethical code 4 Marks
of accounting while preparing financial
statements.
ABOUT SELECTED ACCOUNTING SCANDAL.

Brief introduction about the company

2 Marks
involved in an accounting scandal.
Summary of selected accounting 8 Marks 15
scandal.
Describe a scenario in which corporate
culture may create an environment 5 Marks
conducive to financial statement fraud.

PEOPLE INVOLVED IN THE SCANDAL.

The name of the peoples involved in the 6 Marks

6
scandal and their posts in the company.
THE EFFECTS OF ACCOUNTING SCANDAL.
The total value of the accounting scandal. 5 Marks

The effects of scandal in the company 5 Marks

operation.
15
The peoples affected from accounting 5 Marks
scandal.

THE LEGAL ACTIONS AGAINST ACCOUNTING

SCANDAL ISSUE.

The legal procedure of selected scandal 4 Marks 7

The judgment given to the case. 3 Marks

POST EFFECTS OF ACCOUNTING SCANDAL

The current information about effected 5 Marks

company.
The actions taken by the company to 10
5 Marks
prevent from future accounting issues in
the company.

CONCLUSION

The impact of national culture on

corporate culture? How might national
culture contribute to a corporation culture 5 Marks
conducive to financial statement fraud
The current Board of Directors of the
company do to deter this type of fraud 5 Marks
Discuss about international organizations 14
involve minimizing accounting scandals
issues, actions taken by those institutions 4 Marks
and How confident do you think
employees are that they will be protected
under these actions of those organizations.

Subtotal 82
PART 2
Reporting Format/Layout (References & Soft Copy)
3
APA referencing 2 Marks

Neat of assignment 1 Marks

Presentation 15

GRAND TOTAL 100

This section is to be filled up when there is a difference in the award of marks by Unit
Lecturer (first marker) and the Second Marker
Mark given by Unit Lecturer Remarks:
(First Marker)

Mark given by Vetter Remarks:

(Second Marker)

Mark decided by the Head of Faculty Remarks:

(Third Marker)