Referencing Styles : APA Financial Accounting assignment 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 ASX sectors and should discuss their selection prior to commencing their research essay. No banks allowed. Note: We select Qantas Airlines and this is my part question 1 and 2. We attach annual report plz see it or you can download. RESEARCH ESSAY TOPIC “Disclosure is required of a large number of specified items, subject to the frequent proviso that amounts which are not material need not be disclosed (separately). “Material” is defined as limiting the information required to those matters as to which an average prudent investor ought reasonably to be informed before purchasing the security registered.” Chambers, R. J., 1969, Accounting Finance and Management, Arthur Andersen & Co., p. 183. The AASB / IASB continues to struggle with the concept of materiality. In relation to Chambers’ comment over 45 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 statement describe what you understand by the concept of materiality and provide examples from your selected annual report. Answer need to include: do not only describe materiality, give examples, effect/ important for the decision making investment+ give critical review.= word 425 2. Comment on the relationship between the materiality employed in your selected annual report and the provision of decision useful information; provide examples from your selected annual report. Word 625 Answer need to include: who uses information like banker, creditor and what they are looking for…+++ what they are looking for+ how important for decision making… Director report, cash flow statemet, income statement, balance sheet, change in equity, corporate social report, notes to the financial statemetn etc. Requirement; 1. Introduction word 125 2. Q.n.1. word 425 3. Q.n.2. word 625 4. Conclusion word 125 Criteria used to grade this task; The marking rubric attached provides a clear indication as to the grading of the research essay. In addition the structure, coherence and logic of arguments and analysis presented, the demonstration of understanding of the subject matter that is the focus of the research topic and the ability to justify views and any recommendations presented are particularly important. The effectiveness of communication (i.e. readability, legibility, grammar, spelling, neatness, completeness and overall presentation) is also necessary as is the ability to work collegially in a group environment for shared success. Evidence of wide and relevant research and demonstrated understanding of research materials involving searching for and effectively using materials available from a range of sources, including newspapers, business magazines, professional and academic accounting journals and relevant web sites is necessary.