This assignment requires a consideration of accounting theory concepts with critical analysis with application to General Purpose Financial Reporting by corporations and Current issues in Australian Accounting. Students are required to prepare a comprehensive report directed to an Australian ASX Top 100 listed corporation, e.g., Commonwealth Bank Australia detailing a critical analysis of the effectiveness of the corporation to meet the obligations of the conceptual framework of accounting. The summary report should include data extracted from the General Purpose Financial Report relevant to the material analysed.