# 7101AFE Financial Accounting Theory and practice

## Group assignment

This group assignment gives students with best opportunity to work with real business news and to apply the many concepts learned in the course to the news content. In this assessment, students need to work in a group and to create a single report form from a particular group. The group will contain two and four students in each group.

The value of this assignment is 18%. Students have to state the word length of their answer after each question. 5% leeway on the word limit and any extra violation will be penalized.

Students will need to read the Wikipedia article on VolksWagen emission scandal. You will find an actual case study in your assignments. We provide this case study for reference purpose only.

### Requirements

#### 1. Groups

Students are needed to organize themselves into two or three students groups in order to submit a joint assignment.

#### 2. Analysis \ report    30 marks (18%)

1Q.  In your opinion, has VolksWagen (VW) breached its social contract? Take a position and justify your position with examples from the Wikipedia article. (Word limit: 500 words; 7 MARKS)

2Q. Consider the daily ordinary share price (in Euros) of VW over the period from 10 Sept 2015 to 6 Oct 2015. Why do you think the VW stock price reacted in the way it reacted during this period?  (Word limit: 350 words; 5 MARKS)

 6/10/2015 106.9 5/10/2015 102.8 2/10/2015 101.15 1/10/2015 105.05 30/09/2015 104.95 29/09/2015 103.3 28/09/2015 107.1 25/09/2015 115.55 24/09/2015 118.9 23/09/2015 118.9 22/09/2015 111.2 21/09/2015 133.7 18/09/2015 161.35 17/09/2015 167.4 16/09/2015 167.5 15/09/2015 166.85 14/09/2015 165.5 11/09/2015 166.25 10/09/2015 166.9

3Q. Explain how the future earnings performance and financial position of VW would be affected as a result of the scandal. You need to be specific about which elements of the financial statements are likely to be affected and how. (Word limit: 300 words; 4 MARKS)

4Q.: Are there any earnings management incentives for VW in the future as a result of the emissions scandal? Explain. (Word limit: 250 words; 4 MARKS)

Note: marks reserved for the quality of communication and presentation and it contains 10 marks.

### Challenges in this assessment

In completing this assessment, students faced many difficulties like making the presentation, consider the share price, financial position, references etc. Our experts can help in guide students to complete this complex task by which they can get in-depth knowledge of Financial Accounting. This will help you to achieve higher marks in your assessments. Our experts are fully trained and experience holder who can help you in the best manner.