Evaluating JB Hi-Fi's Reporting with Stakeholder & Economic Theories

This assignment provides a detailed analysis of JB Hi-Fi's reporting decisions, focusing on a case study involving a profit downgrade. It utilizes classical political economy theory to evaluate the company's decision to release the downgrade information and examines whether the approach aligned with Institutional Theory and ASX regulations. The assignment further explores JB Hi-Fi's reporting decisions through the lens of the managerial branch of Stakeholder Theory, assessing whether the company adequately met the information needs of its stakeholders, particularly shareholders, and complied with ASX guidelines. The analysis considers the extent to which current share prices anticipate future earnings announcements, referencing the case study to support its conclusions, and adheres to the ACCT20074 course requirements for Term 1, 2018.

ACCT20074 Final Assignment
Term 1, 2018
Student ID:………………………………. Student name……………………………………………………..
Marker’s overall comments: The markers may include any
final comments here.
Overall Mark (Total) out of 50:
0

Question 1: Use Classical Political Economy Theory to explain JB Hi-Fi’s decision to release its profit downgrade
in the way it did. Make sure you explain what Institutional Theory is, and support your observations with evidence
from the case study.
Answer: JB Hi-Fi took a drastic step for not disclosing the profit warning to the ASX and shareholder of the
company, as it only provides details to the conference and indicated a conference presentation conducted by
Macquarie. From the evaluation it could be identified that the steps taken by JB hi fi was not appropriate and not
according to the regulations of ASX, where the company indicated a downgrade in its profits at only 1 page of the
14-page conference conducted by Macquarie. The classical political economy theory is mainly considered as
economics, whether relevant actions taken by the Economist let to be development of free economy. Moreover,
the decision made by JB Hi-Fi regarding the profit downgrade that was portrayed in the release can be evaluated
with the help of classical political economy theory. The classical political economy theory relatively indicates the
measures that was taken by The Economist during the industrial stage to improve clarity and reduce any kind of
uncanny measures. Therefore, from the evaluation of the decision made by JB hi fi it could be identified that the
organisation has made the decision to minimise its negative impact on a share price. The company hid the
disclosures regarding Decline in the profits was to minimise the negative impact on its share price. According to
the institutional theory, the decision made by JB hi fi for releasing the profit downgrade in the way that it did was
not adequate (Hull, 2017).
Institutional theory relatively depicts that companies relatively need to consider all the relevant rules structures
and norms establishing a social behaviour towards the society. under the institutional theory companies to
comply with all the railway rules and regulations laid down by authorities to minimise any kind of unethical
behaviour on their part. However, the decisions regarding the JB hi fi report release is considered to be non-
cooperative to institutional theory, as the company did not provide adequate information regarding the disclosure
of profits in the next fiscal year. This Limited disclosure to the shareholders and stakeholders regarding the
downgrade of profits indicate the unethical measure used by the company in the current disclosure measures.

After evaluating the case study, it could be identified that JB Hi-Fi has not use adequately used the measures
indicated by the institutional theory in describing the overall profit downgrade in the release. Moreover, JB hi fi
did not consider the information contained in the release was having any kind of material effect on the overall
share price of the organisation in the fiscal year (Mosco, 2014). Therefore, the understanding between your
organisation and the institutional theory is not adequate where all the relevant information needs to be portrayed
according to the regulations laid down by ASX.
References:
Mosco, V. (2014). Political Economy. In The Routledge Companion to Global Popular Culture (pp. 35-44). Routledge.
Hull, G. (2017). A treatise on political economy. Routledge.
Cohn, T. H. (2016). Global political economy: Theory and practice. Routledge.
Greenwood, R., Oliver, C., Lawrence, T. B., & Meyer, R. E. (Eds.). (2017). The Sage handbook of organizational
institutionalism. Sage.
Suddaby, R. (2015). Can institutional theory be critical?. Journal of Management Inquiry, 24(1), 93-95.
Klein, A., & Posch, A. (2017). A Little Change Goes a Long Way: An Institutional Perspective on Change Processes in a
Family Firm. In Academy of Management Proceedings (Vol. 2017, No. 1, p. 15716). Briarcliff Manor, NY 10510: Academy
of Management.
Marker’s Comments: The marker will provide feedback here. Mark (10):
0
Exceeds Expectations
(High Distinction) 85-100%
Exceeds Expectations
(Distinction) 75 - 84%
Meets Expectations
(Credit) 65 – 74%
Meets Expectations
(Pass) 50 – 64%
Below Expectations
(Fail) below 50%
Demonstrates a balanced and very
high level of detailed knowledge of
core concepts by providing a very
Demonstrates a balanced and high
level of knowledge of core
concepts by providing a high level
Demonstrates a good level of
knowledge of some of the core
concepts by providing some level
Demonstrates limited knowledge of
core concepts by providing a
limited level of analysis. Utilises
Demonstrates little, if any,
knowledge of the core concepts
with extremely limited, if any,

Exceeds Expectations
(High Distinction) 85-100%
Exceeds Expectations
(Distinction) 75 - 84%
Meets Expectations
(Credit) 65 – 74%
Meets Expectations
(Pass) 50 – 64%
Below Expectations
(Fail) below 50%
high level of analysis. Utilises
current, appropriate and credible
sources.
of analysis. Utilises mostly current,
appropriate and credible sources.
of analysis. Utilises some current,
appropriate and credible sources.
few current, appropriate and
credible sources.
analysis. Utilises little, if any,
current, appropriate and credible
sources.
Quality of writing at a very high
standard. Paragraphs are
coherently connected to each
other. Correct grammar, spelling
and punctuation.
Quality of writing is of a high
standard. Paragraphs are mostly
well structured. Few grammar,
spelling and punctuation mistakes.
Quality of writing is of a good
standard. Few grammar, spelling
and punctuation mistakes.
Some problems with sentence
structure and presentation
Frequent grammar, punctuation
and spelling mistakes. Use of
inappropriate language.
Quality of writing is at a very poor
standard so barely
understandable. Many spelling
mistakes. Little or no evidence of
proof reading.
The assessment presents a
detailed and focused summary of
the ideas presented; drawing clear
and well thought-out conclusions.
The assessment presents a fairly
detailed and focused summary of
the ideas presented; drawing fairly
clear and well thought-out
conclusions.
The assessment presents a
somewhat detailed and focused
summary of the ideas presented;
providing some evidence of
conclusions.
The assessment provides limited
detail with no clear summary of the
ideas presented; drawing limited
conclusions.
The assessment fails to provide
any clear evidence of the ideas
presented; drawing no clear
conclusions.

Question 2: Use the Managerial branch of Stakeholder Theory to explain JB Hi-Fi’s reporting decisions. Make sure
you support your observations with evidence from the case study.
Answer: Managerial branch of stakeholder theory relatively indicates that the organisation needs to meet the
information demand for a stakeholder who is important for achieving the organisational goals. the theory
indicates that the organisation such as JB Hi-Fi needs to evaluate and understand the need of information for a
particular stakeholder, where adequate information needs to be provided for achieving its goals. the case study
directly indicates that the information provided by JB hi fi in the announcement was a relatively conducted
towards financial analyst who was keen on understanding the level of profits that the organisation will meet in the
near future. The information provided by JB hi fi was a relatively consist to unlimited of one page, which was only
understood and targeted by the financial analyst. under managerial perspective stakeholder theory in the case
study directly indicates that JB hi fi should include all the relevant information to the shareholders, who is able to
help the organization achieve their goals. The ASX announcement relatively indicated that the organisation was
not providing all the substantial information to the shareholders regarding the future decline in profits.
Information directly indicated that the organisation was not able to provide all the relevant information to the
shareholders which directly declined its share after the disclosure made by ASX on the profit downgrade of JB hi fi.
Therefore, the decision made by JB hi fi regarding the report of profit downgrade was not adequate and it is not
supported by the managerial branch of stakeholder theory (Kent & Zunker, 2017).
The case study directly indicates That the downgrade of profit was a relatively at the levels of 3%, which was way
below the ASX guidelines regarding the material guidance that could impact profitability of the organisation. The
ASX rule indicates that the profit level less than 5% is considered a material impact all operations of the company,
whereas any kind of decline less than 5% would not be considered as material information. Therefore, JB hi fi did
not came to provide a single announcement for the downgrade of its profit earnings in the fiscal year. Therefore,
it could be identified that the organisation was effectively providing all the relevant information to with

stakeholders and following the Managerial branch of stakeholder theory. hence from the evaluation of the case
study it could be identified that JB hi fi was following all the relevant information as per the ASX rules and violated
no unethical measures.
The observations made from the case study are relevantly evident for indicating that the organisation has
effectively conducted an adequate announcement within the confinement of ASX. This announcement had an
impact on the adequate stakeholders that was meant by JB hi fi according to the managerial branch of
stakeholder theory. Hence, the shareholders of the organisation were informed regarding the profit downgrade
and any kind of problems that it might face in future (Deegan, 2014).
References:
Deegan, C. (2014). An overview of legitimacy theory as applied within the social and environmental accounting literature.
Sustainability accounting and accountability, 248-272.
Kent, P., & Zunker, T. (2017). A stakeholder analysis of employee disclosures in annual reports. Accounting & Finance,
57(2), 533-563.
Fernando, S., & Lawrence, S. (2014). A theoretical framework for CSR practices: integrating legitimacy theory, stakeholder
theory and institutional theory. Journal of Theoretical Accounting Research, 10(1), 149-178.
Omran, M. A., & Ramdhony, D. (2015). Theoretical perspectives on corporate social responsibility disclosure: a critical
review. International Journal of Accounting and Financial Reporting, 5(2), 38-55.
Strand, R., & Freeman, R. E. (2015). Scandinavian cooperative advantage: The theory and practice of stakeholder
engagement in Scandinavia. Journal of business ethics, 127(1), 65-85.
Marker’s Comments: The marker will provide feedback here. Mark (10):
0

Exceeds Expectations
(High Distinction) 85-100%
Exceeds Expectations
(Distinction) 75 - 84%
Meets Expectations
(Credit) 65 – 74%
Meets Expectations
(Pass) 50 – 64%
Below Expectations
(Fail) below 50%
Demonstrates a balanced and very
high level of detailed knowledge of
core concepts by providing a very
high level of analysis. Utilises
current, appropriate and credible
sources.
Demonstrates a balanced and high
level of knowledge of core
concepts by providing a high level
of analysis. Utilises mostly current,
appropriate and credible sources.
Demonstrates a good level of
knowledge of some of the core
concepts by providing some level
of analysis. Utilises some current,
appropriate and credible sources.
Demonstrates limited knowledge of
core concepts by providing a
limited level of analysis. Utilises
few current, appropriate and
credible sources.
Demonstrates little, if any,
knowledge of the core concepts
with extremely limited, if any,
analysis. Utilises little, if any,
current, appropriate and credible
sources.
Quality of writing at a very high
standard. Paragraphs are
coherently connected to each
other. Correct grammar, spelling
and punctuation.
Quality of writing is of a high
standard. Paragraphs are mostly
well structured. Few grammar,
spelling and punctuation mistakes.
Quality of writing is of a good
standard. Few grammar, spelling
and punctuation mistakes.
Some problems with sentence
structure and presentation
Frequent grammar, punctuation
and spelling mistakes. Use of
inappropriate language.
Quality of writing is at a very poor
standard so barely
understandable. Many spelling
mistakes. Little or no evidence of
proof reading.
The assessment presents a
detailed and focused summary of
the ideas presented; drawing clear
and well thought-out conclusions.
The assessment presents a fairly
detailed and focused summary of
the ideas presented; drawing fairly
clear and well thought-out
conclusions.
The assessment presents a
somewhat detailed and focused
summary of the ideas presented;
providing some evidence of
conclusions.
The assessment provides limited
detail with no clear summary of the
ideas presented; drawing limited
conclusions.
The assessment fails to provide
any clear evidence of the ideas
presented; drawing no clear
conclusions.

Question 3: To what extent do current share prices anticipate future earnings announcements? Use the case
study to support your answer.
Answer: After the announcement for drastic fall on share price JB Hi-Fi was relatively witness, which directly
indicates the significance of Future earnings of the company. the current share price of the company has a
relatively fallen immensely, which directly indicates the widespread panic among investors regarding the
profitability and return key generator capability of the company. the anticipation of the investors is relatively
downgraded seeing the downgrade in future earnings of JB hi fi, which has instituted the decline and share price
by 10% on the day of the announcement. the drastic decline and share price relatively indicates the problematic
situation that JB hi fi is currently into, where the organisation is not able to achieve higher profitability during the
period. The case study analysis directly indicated that JB hi fi sank 10% after the declaration of profit cuts in 2018
fiscal year which was considered the biggest single day fall since 2011.
The downgrade of the share price was a relatively compared to the 7-year-old price movement, which was
conducted by the investors due to the lack of future growth in the organisation. Therefore, the investors reacted
towards the decline in profits in a very adverse manner as depicted by Bruce Smith in the case study. the share
price of the organisation was declined greater than the actual downgrade on the profits. After the announcement
to share price of the company relatively decline to from the values of 25.7 per share to 22.05 per share within the
matter of 10 days (Asx.com.au, 2018). this was relatively conducted due to the decline in overall profits of the
company for the current fiscal year. The anticipation of the investors was relatively to decline the share price
according to the valuation of the company with the profit downgrade. Therefore, the immense decline in share
price was relatively in inevitable and compounded by panic in investors regarding the future growth of the
organisation.
The current share price of the organisation adequately depicts the overall anticipated future earnings
announcement of the company. The decline in share price was the result of mass panic between investor, which

directly declined share price of the company. Therefore, it could be understood that the overall share price of the
company depicts its actual future earnings announcement. Moreover, the current share price of the company
directly reflect the earnings announcements and the valuation of the organisation in the eyes of the investors.
References:
Insert your references here, for example:
Asx.com.au. (2018). Asx.com.au. Retrieved 30 May 2018, from
https://www.asx.com.au/asx/share-price-research/company/JBH
Marker’s Comments: The marker will provide feedback here. Mark (10):
0
Exceeds Expectations
(High Distinction) 85-100%
Exceeds Expectations
(Distinction) 75 - 84%
Meets Expectations
(Credit) 65 – 74%
Meets Expectations
(Pass) 50 – 64%
Below Expectations
(Fail) below 50%
Demonstrates a balanced and very
high level of detailed knowledge of
core concepts by providing a very
high level of analysis. Utilises
current, appropriate and credible
sources.
Demonstrates a balanced and high
level of knowledge of core
concepts by providing a high level
of analysis. Utilises mostly current,
appropriate and credible sources.
Demonstrates a good level of
knowledge of some of the core
concepts by providing some level
of analysis. Utilises some current,
appropriate and credible sources.
Demonstrates limited knowledge of
core concepts by providing a
limited level of analysis. Utilises
few current, appropriate and
credible sources.
Demonstrates little, if any,
knowledge of the core concepts
with extremely limited, if any,
analysis. Utilises little, if any,
current, appropriate and credible
sources.
Quality of writing at a very high
standard. Paragraphs are
coherently connected to each
other. Correct grammar, spelling
and punctuation.
Quality of writing is of a high
standard. Paragraphs are mostly
well structured. Few grammar,
spelling and punctuation mistakes.
Quality of writing is of a good
standard. Few grammar, spelling
and punctuation mistakes.
Some problems with sentence
structure and presentation
Frequent grammar, punctuation
and spelling mistakes. Use of
inappropriate language.
Quality of writing is at a very poor
standard so barely
understandable. Many spelling
mistakes. Little or no evidence of
proof reading.
The assessment presents a
detailed and focused summary of
the ideas presented; drawing clear
and well thought-out conclusions.
The assessment presents a fairly
detailed and focused summary of
the ideas presented; drawing fairly
clear and well thought-out
The assessment presents a
somewhat detailed and focused
summary of the ideas presented;
providing some evidence of
The assessment provides limited
detail with no clear summary of the
ideas presented; drawing limited
conclusions.
The assessment fails to provide
any clear evidence of the ideas
presented; drawing no clear
conclusions.

Exceeds Expectations
(High Distinction) 85-100%
Exceeds Expectations
(Distinction) 75 - 84%
Meets Expectations
(Credit) 65 – 74%
Meets Expectations
(Pass) 50 – 64%
Below Expectations
(Fail) below 50%
conclusions. conclusions.

Question 4: Show how the Brunswik Lens Model might be used to explain an investor's decision about whether
to buy or sell shares in JB Hi-Fi following their downgrade “announcement”.
Answer: With the help of Brunswik Lens Model, the investors decision regarding to buy or sell the shares of JB hi fi
after the downgrade announcement can be evaluated. The lens model directly indicates that the organisation has
provided all the relevant information to the investors regarding the future growth and prospects. The information
is relatively processed in different stages to allow the investors make adequate investment decisions in the
company. Moreover, the interpretation of all the relevant accounting information for decision making is
adequately conducted by the investors the regarding the downgrade in profits. The model is directly based on
behavioural research where the psychological ground of investor is evaluated. The current accounting statement
directly in the cage or downgrade in profits, where the information was taken by the investors in a degrading
manner. the main anticipation of the investors is to increase the profit level of the organisation, while any
downgrade would directly impact profit generation capability of the company. The model directly believes the
perspective of the environment through a set of imperfect cue and acts, which needs to be evaluated for
identifying the decisions made by investors. The information provided by the company regarding the accounting
condition needs to be evaluated on three different circumstances where what the accounting information was
used, and how and where was it presented. the information provided why the company was relatively conducted
in a small interview where the relevant decline and profits was enclosed in only one page of the conference.
Seeing the downgrade of the profits, the Organisation was not able to decline adequate information to the
investors, which helped in understanding the level of investors impact on share price of the company (Hamm &
Yang, 2017).
Therefore, under the Brunswik lens model it could be identified that all the relevant information provided by the
company was adequately pointing towards the selling process of JB Hi-Fi shares. Information indicated that the
company was not able to achieve higher profits doing the fiscal year, while a downgrade in profit of 3% was
anticipated. hence, the information processed by the investors regarding the downgrade of prophets relatively

indicate a massive selling of JB Hi-Fi shares during the period. Thus, evaluating the decisions made by the investors
under the lens model would eventually indicate the problems anticipated by the investors regarding the future
growth of JB hi fi. The relevant stages of the Brunswik lens model evaluate all the negative information regarding
the organisation which could instigate investors to take adverse action. The evaluation of JB hi fi information
regarding the profit downgrade directly indicate that investors decision for selling the shares was viable, as the
company's future outlet was a relatively not portrayed by the company (Orquin, 2014).
References:
Insert your references here, for example:
Orquin, J. L. (2014). A Brunswik lens model of consumer health judgments of packaged foods. Journal of Consumer
Behaviour, 13(4), 270-281.
Laukka, P., Elfenbein, H. A., Thingujam, N. S., Rockstuhl, T., Iraki, F. K., Chui, W., & Althoff, J. (2016). The expression
and recognition of emotions in the voice across five nations: A lens model analysis based on acoustic features. Journal
of personality and social psychology, 111(5), 686.
Bristow, D. N., Mowen, J. C., & Krieger, R. H. (2015). The quality lens model: A marketing tool for improving channel
relationships. In Proceedings of the 1994 Academy of Marketing Science (AMS) Annual Conference (pp. 397-401).
Springer, Cham.
Hamm, R. M., & Yang, H. (2017). Alternative lens model equations for dichotomous judgments about dichotomous criteria.
Journal of behavioral decision making, 30(2), 527-532.
Illingworth, D. A., Thomas, R. P., Rozga, A., & Smith, C. J. (2017, September). Cue Use in Distal Autism Spectrum
Assessment: A Lens Model Analysis of the Efficacy of Telehealth Technologies. In Proceedings of the Human Factors
and Ergonomics Society Annual Meeting (Vol. 61, No. 1, pp. 170-170). Sage CA: Los Angeles, CA: SAGE Publications.
Sahoo, F. M., & Sahoo, K. (2017). The perceived predictors of achievement in management students: An innovative use of
lens model. Journal of the Indian Academy of Applied Psychology, 43(1), 34.

Marker’s Comments: The marker will provide feedback here. Mark (10):
0
Exceeds Expectations
(High Distinction) 85-100%
Exceeds Expectations
(Distinction) 75 - 84%
Meets Expectations
(Credit) 65 – 74%
Meets Expectations
(Pass) 50 – 64%
Below Expectations
(Fail) below 50%
Demonstrates a balanced and very
high level of detailed knowledge of
core concepts by providing a very
high level of analysis. Utilises
current, appropriate and credible
sources.
Demonstrates a balanced and high
level of knowledge of core
concepts by providing a high level
of analysis. Utilises mostly current,
appropriate and credible sources.
Demonstrates a good level of
knowledge of some of the core
concepts by providing some level
of analysis. Utilises some current,
appropriate and credible sources.
Demonstrates limited knowledge of
core concepts by providing a
limited level of analysis. Utilises
few current, appropriate and
credible sources.
Demonstrates little, if any,
knowledge of the core concepts
with extremely limited, if any,
analysis. Utilises little, if any,
current, appropriate and credible
sources.
Quality of writing at a very high
standard. Paragraphs are
coherently connected to each
other. Correct grammar, spelling
and punctuation.
Quality of writing is of a high
standard. Paragraphs are mostly
well structured. Few grammar,
spelling and punctuation mistakes.
Quality of writing is of a good
standard. Few grammar, spelling
and punctuation mistakes.
Some problems with sentence
structure and presentation
Frequent grammar, punctuation
and spelling mistakes. Use of
inappropriate language.
Quality of writing is at a very poor
standard so barely
understandable. Many spelling
mistakes. Little or no evidence of
proof reading.
The assessment presents a
detailed and focused summary of
the ideas presented; drawing clear
and well thought-out conclusions.
The assessment presents a fairly
detailed and focused summary of
the ideas presented; drawing fairly
clear and well thought-out
conclusions.
The assessment presents a
somewhat detailed and focused
summary of the ideas presented;
providing some evidence of
conclusions.
The assessment provides limited
detail with no clear summary of the
ideas presented; drawing limited
conclusions.
The assessment fails to provide
any clear evidence of the ideas
presented; drawing no clear
conclusions.

Question 5: Some academics have criticised the accounting profession for acting to legitimise the capitalist
system (supposedly by supporting the “haves” against the “have nots”. Indicate whether the case study
supports the critical view of accounting, or whether it doesn’t. Use the case study to support your answer.
Answer: Yes, the case study directly supports overall Critical view of accounting which is conducted by academic
regarding the accounting profession. the changes in overall Accounting Principles is relatively conducted to
support the legitimacy of capitalist system, which might allow the organisation to maximize the profits overtime.
some academic has directly criticize the accounting profession as it acts to legitimate capitalist system, where the
regulations are conducted to authenticate the decisions made by the organisation. The case study directly
indicates the overall measures taken by JB hi fi in disclosing their profit anticipation for the fiscal year. The case
study evaluation directly indicated that the accounting Profession directly evaluate the organisations progress and
act to legitimate all the relevant capitalist system. JB Hi-Fi directly disclosed the relevant decline in profits, which
was legitimacy by Infinity investment management Bruce Smith who indicated that the surprise announcement
conducted by JB hi fi was in line with the material definition of ASX. The disclosure conducted by the company
directly indicates the measures that accounting professionals take to legitimate the act of capitalist system. The
accounting professionals directly evaluated all the relevant information regarding JB hi fi and anticipated a
downgrade in its profits during the fiscal year. The downgrade was below 5%, which did not mandate the
organisation to depict an adequate announcement regarding the downgrade. Hence, it could be identified a
critical view of accounting, as no relevant announcements was conducted by JB hi fi regarding the price
downgrade. The loopholes in accounting system has a relatively cloud the organisation to cloud the future
downgrade in its profits from the investors. Moreover, from the evaluation of the case study it could be identified
that actions taken by the organisation was legitimized by accounting professionals, who provided details regarding
the future growth of the organisation. In this context, Horvat & Korosec (2015) stated that organisations before
the financial crisis by using unethical accountant loopholes to support its operation, where the accounting
professionals were helping the organisation to legitimize the capitals actions for maximizing the profits. Therefore,

it will be understood that accounting professionals help legitimize the capital system of the organisations.
References:
Insert your references here, for example:
Horvat, R., & Korošec, B. (2015). The Role of Accounting in a Society: Only a techn (olog) ical solution for the problem of
economic measurement or also a tool of social ideology?. Naše gospodarstvo/Our economy, 61(4), 32-40.
Artiach, T., Irvine, H., Mack, J., & Ryan, C. (2016). The legitimising processes of a new regulator: The case of the
Australian Charities and Not-for-profits Commission. Accounting, Auditing & Accountability Journal, 29(5), 802-827.
Alawattage, C., Wickramasinghe, D., & Uddin, S. (2017). Theorising management accounting practices in Less Developed
Countries. The Routledge Companion to Performance Management and Control.
Morales, J., & Sponem, S. (2017). You too can have a critical perspective! 25 years of Critical Perspectives on Accounting.
Critical Perspectives on Accounting, 43, 149-166.
Marker’s Comments: The marker will provide feedback here. Mark (10):
0
Exceeds Expectations
(High Distinction) 85-100%
Exceeds Expectations
(Distinction) 75 - 84%
Meets Expectations
(Credit) 65 – 74%
Meets Expectations
(Pass) 50 – 64%
Below Expectations
(Fail) below 50%
Demonstrates a balanced and very
high level of detailed knowledge of
core concepts by providing a very
high level of analysis. Utilises
current, appropriate and credible
sources.
Demonstrates a balanced and high
level of knowledge of core
concepts by providing a high level
of analysis. Utilises mostly current,
appropriate and credible sources.
Demonstrates a good level of
knowledge of some of the core
concepts by providing some level
of analysis. Utilises some current,
appropriate and credible sources.
Demonstrates limited knowledge of
core concepts by providing a
limited level of analysis. Utilises
few current, appropriate and
credible sources.
Demonstrates little, if any,
knowledge of the core concepts
with extremely limited, if any,
analysis. Utilises little, if any,
current, appropriate and credible
sources.
Quality of writing at a very high
standard. Paragraphs are
coherently connected to each
Quality of writing is of a high
standard. Paragraphs are mostly
well structured. Few grammar,
Quality of writing is of a good
standard. Few grammar, spelling
and punctuation mistakes.
Some problems with sentence
structure and presentation
Frequent grammar, punctuation
Quality of writing is at a very poor
standard so barely
understandable. Many spelling

Exceeds Expectations
(High Distinction) 85-100%
Exceeds Expectations
(Distinction) 75 - 84%
Meets Expectations
(Credit) 65 – 74%
Meets Expectations
(Pass) 50 – 64%
Below Expectations
(Fail) below 50%
other. Correct grammar, spelling
and punctuation.
spelling and punctuation mistakes. and spelling mistakes. Use of
inappropriate language.
mistakes. Little or no evidence of
proof reading.
The assessment presents a
detailed and focused summary of
the ideas presented; drawing clear
and well thought-out conclusions.
The assessment presents a fairly
detailed and focused summary of
the ideas presented; drawing fairly
clear and well thought-out
conclusions.
The assessment presents a
somewhat detailed and focused
summary of the ideas presented;
providing some evidence of
conclusions.
The assessment provides limited
detail with no clear summary of the
ideas presented; drawing limited
conclusions.
The assessment fails to provide
any clear evidence of the ideas
presented; drawing no clear
conclusions.