We have selected Singtel-Optus Australia. our selected company is Optus Australia. Singtel is the mother Company of Optus Australia. you need to work on the most recent Financial Statements of Optus Australia downloaded from ASX website. We need to use the informations from Notes and mention relevent section. The referrence should be given properlyYour research essay must be submitted in week 10.

Penalties will apply for late submission.

The following matters should be given particular attention:

1. Writing assignments must not exceed the word counts indicated. Double space your pages, use a 12-pt Times New Roman font, use2 cm margins on all four sides of your page.

2. Your essay must include an abstract/synopsis, introduction, essay body that clearly addresses the problem areas, a conclusion and a properly referenced bibliography. (refer to the research essay marking rubric for further guidance)

3. Evidence of extensive research beyond the prescribed text is required. Ensure these are referenced appropriately in your bibliography. Refer to the statement regarding plagiarism.

4. NO extensions will be granted unless supported by appropriate documentation prior to the due date.

5. This assignment must be handed in for successful completion of the course and will count 20marks towards the final mark.

6. The word count for the research essay is 3000 words. Please refer to the Research Essay Marking Rubric for the specific allocation of word count for each specific section of your research essay (refer point 2 above).

7. Points (fractional marks) have also been allocated to each specific section of your research essay.

8. The research essay is to be conducted in groups of two. Students do not have the option to extend or reduce the size of the group.If the class has an odd number of students then one student must undertake the assignment on their own.

9. Groups must select a company from the Australian Securities Exchange Top 100 (ASX100) website and download the 2015 annual report. Groups cannot do the same company and preferably from different ASXsectors and should discuss their selection prior to commencing their research essay. No banks allowed.

RESEARCH ESSAY TOPIC

"The stable-measuring-unit assumption is one of the five assumptions described by the Project Advisory Committee of the American Institute of Certified Public Accountants as ‘imperatives', it is by no means generally accepted by accountants. Indeed it relates to the most controversial aspect of accounting theory and practice yet encountered" Fitzgerald, A., 1963, Analysis and Interpretation of Financial Statements, 3rd. Ed., Butterworths, p. 14.

The AASB / IASB continues to struggle with the use of multiple measuresin accounting standards. In relation to Fitzgerald's comment over 50 years ago undertake the following:

Select a company from the Australian Securities Exchange website and download the 2015 annual report.

1. With reference to the above statementdescribewhat you understand the measurement problem to be and provide examples from your selected annual report.

2. Discuss the problems of measurement in the context of the present AASB / IASB standards and framework using your selected annual report to provide examples.

3. Evaluate the measurement problemin your selected annual report in the context of AASB / IASB standards and framework.

4. Comment on the relationship between themeasurement employed in yourselected annual reportand the provision of decision useful information; provide examples.