Group Assignment Brief 2025/26
Please ensure you read the assessment question or task carefully and fully understand what is being asked.
If anything is unclear or you have questions, please post them on the course Moodle Discussion Forum, and a member of the teaching team will respond directly there.
Assessment Information
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Course Code
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ACCFIN5024_1G
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Course Title
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International Financial Accounting for Multi-national Corporations
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Assessment Weighting
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25%
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Question release date
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01 October 2025
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Submission date:
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Thursday 6th November 2025, by no later than 12pm noon (UK time).
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Grades and Feedback to be released on:
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27 November 2025
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Word limit
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2,500
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Action to be taken if the word limit is exceeded
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We will not read the words exceeding 2,500
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1. QUESTION/ DESCRIPTION OF ACTIVITY
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Type of assessment (e.g., individual, group)
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Group essay
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Assessment Method(s)
(e.g., essay, presentation, journal, video, etc.)
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Essay
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ILOs assessment is evaluating
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1, 2 and 6
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Assessment Question:
1. Discuss the development of fair value measurement under IASB standards AND critically assess its contribution to the quality of financial reporting for investors.
2. Develop a methodological section that explains your approach in identifying and using academic literature to develop your essay. (Advice: You could reflect on how you have conducted the literature search and the criteria for selecting and using literature; it is suggested that you use around 300 words).
3. In your group record (see below for more details), you should also include a reflective paragraph as a group (suggested to use up to 400 words) elaborating on the challenges faced and insights obtained during the group work. This group record does not contribute to the total word count but will be evaluated according to the assessment criteria.
Please note: we are aware that it is important for you to develop digital literacy, and the University’s position on the usage of Generative AI is supportive. However, it is of paramount importance that you strictly comply with our University’s policy on the usage of Generative AI. Please read carefully the information provided on the webpage below:
https://www.gla.ac.uk/myglasgow/sld/ai/students/
If you have adopted AI tools to facilitate formulating your group assignment, please also include a critical reflection on your approach in the methodological section. (For example, you can reflect on the advantages and disadvantages, how you have taken a critical view of the materials generated by AI and maintain your academic integrity, etc.)
A minimum of 10 academic journal papers are required in the essay. You should include the three references from the list below, but you must also conduct your own literature search to find at least seven other appropriate journal papers.
The required maximum word count is 2500, which does not include the final reference list and the Appendix. We will not mark beyond 2500 words.
Suggested References:
• Pelger, C. (2020) The Return of Stewardship, Reliability and Prudence – A
Commentary on the IASB’s New Conceptual Framework, Accounting in Europe, 17(1), pp. 33-51.
• Mora, A., McGeachin, A., Barth, M.E., Barker, R., Wagenhofer, A. and Joos, P.
(2019) Fair Value Accounting: The Eternal Debate - AinE EAA Symposium, May 2018, Accounting in Europe, 16(3), pp. 237-255.
• Power, M. (2010) Fair value accounting, financial economics and the
transformation of reliability, Accounting and Business Research, 40(3), pp. 197- 210.
Additional Information for this group assignment:
You can choose your own groups but you should join a group of four students via Moodle no later than 3rd October 2025.
A group record should be kept of all group meetings. It is required that at least four meetings should be held. This record should be attached to your submitted group essay as an Appendix. This record should clearly indicate the date and location of each meeting, the student number of those who attended, the role allocated to each member, the main items discussed, the main decisions taken, and the main plan for the next meeting.
As the assessment is group-based and all group members are expected to contribute equally, the same mark will be awarded to all group members. If you feel that some group members are not contributing fairly to the group, then you should contact Dr Sisi Zou by 27 October 2025. A meeting will be arranged to discuss the situation. In the event that low or nonparticipation is established, grades can be adjusted to reflect lesser contributions by group members. Groups must discuss the Adam Smith Business School's Assessed Groupwork Policy and agree how they will apply it at their first meeting. The policy can be found on the Student Information Point on Moodle.
2. ADDITIONAL INFORMATION FOR GROUP ASSESSMENT
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Number of students per group
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4
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Arrangements for forming groups (random allocation or self-selection)
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Self-selection on Moodle
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Is peer evaluation used? If so, when during the
course, and for what
purpose (e.g. assessing
progress; formative
feedback, or contributing to marking)
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Peer evaluation is not used.
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How will the group work be supported? (e.g. check- in points, formative
feedback, scaffolding, student portfolios,
required number of
meetings with minutes, etc.)
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It is required that at least four meetings with minutes should be held.
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How will teamwork skills (as distinct from group
work output) be assessed?
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Required self-reflection on group working processes that is to be included in the appendix of the essay.
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