INTERNATIONAL FINANCIAL REPORTING STANDARDS

Final ProjectStudents are required to complete a Final Project about presentation of Financial Statements.
The aim of this project is to help students in improving their research, communication, and
teamwork skills. More specifically, students are required to download the annual report for
a corporation listed on The Saudi Stock Exchange (Tadawul) for the year 2023. The main
task of students is to provide information about the structure of the annual report and the
accounting policies and standards adopted in preparing this Annual Report. A focus on the
presentation of financial statements and how these comply with the requirements of IAS 1
should be demonstrated.
A detailed description of the project and its guidelines are given below.
Learning outcomes:
The main purpose of this project is to help students achieving the following learning
outcomes:
• Explain the content and structure of the Annual report in the context of Saudi Arabia.
• Demonstrate ability to work in teams.
• Demonstrate ability to communicate effectively orally and in writing.
Topic: Consolidated Financial Statements
Grade: 10% (10 marks)
•
•
•
•
•
Instructions:
Students should finalize the project within groups of two.
Each group should have a group leader and presenter.
Students should report their progress on a weekly basis. Groups will be instructed about how
to report their progress later.
Only one copy of the work done should be submitted by the group leader on behalf of the
group.
By the end of the project, the group should submit:
➢ The Project Report
➢ PowerPoint Presentation
➢ Annual Report for the Group under study
The Project Report
Page 1 of 4
The Organization of the Report:
The typical structure of your report should include the following parts:
•
Cover Page
This should contain the approved project title, names of group members, names of the instructor,
the name of the college and department, and the date of submission.
•
Table of Contents
This should not exceed one page and should list the major sections of the report along with the
page numbers on which they start. It permits quick reference for finding specific information
in the report.
•
Introduction
The introduction guides your reader into the paper by introducing the topic. It should begin with
a hook that catches the reader’s interest. This hook could be a quote, an analogy, a question, etc.
After getting the reader’s attention, the introduction should give some background information
on the topic. The ideas within the introduction should be general enough for the reader to
understand the main claim and gradually become more specific to lead into the main purpose of
the project.
•
Body
The body of the project supports the main points presented in the project statement. Each point
is developed by one or more paragraphs and supported with specific details. These details can
include support from research and experiences, depending on the assignment. In addition to this
support, the author’s own analysis and discussion of the topic ties ideas together and draws
conclusions that support the project statement.
•
Conclusions and Recommendations
The conclusion brings together all the main points of the project. It refers back to the thesis
statement and leaves readers with a final thought and sense of closure by resolving any ideas
brought up in the essay. It may also address the implications of the argument. In conclusion, new
topics or ideas that were not developed in the paper should not be introduced.
•
References :
Cite all references that you get your data and information from (e.g., books, periodicals
internet, company’s records, Etc.) They should be cited in the right format.
•
Appendixes:
This section might include any supporting documents.
Page 2 of 4
Important Notes:
•
There should be a balance between the sections regarding the number of pages
•
References should be written in the right scientific methods as follows:
Authors, year of publishing, Title of the reference, city of publisher, publishing company,
Example:
1. Books
Schiffman, L.G. & Kanauk, L.E (2007). Consumer Behavior, New Jersey, Prentice Hall Co.
Quotah , M. and El aasi, S. (2008) How to write a Report. Jeddah, Jarir Co.
2. Articles
Monacelli, T. (2001) New International Monetary Arrangements and the exchange Rate.
International Journal of Finance & Economics, Vol 6 (4) PP. 389 – 400
3. Electronic Sources (WWW document)
Monacelli, T. (2001) New International Monetary Arrangement and the Exchange Rate.
International Journal of Finance & Economics, Vol 6 (4) PP 389 – 400.
[online]. Available from: http:// Proquest. Umi.com/pg dweb
Report Presentation
The group is required to emphasize the following points in her/his presentation:
Project problem:
• What is the overall objective of the Project.
• What is the research question that the group is looking for answering it through its project.
Conclusions and Recommendations
Page 3 of 4
Grade
Obtained
Performance
Factor
1) Organization
2) Language
3) Introduction
4) Main content
5) Quality of the
content
6) Referencing
7) Conclusion
8) Presentation
4
3
2
1
Information is very
organized with
well-constructed
paragraphs and
subheadings.
No grammatical,
spelling or
punctuation
errors
Information is
organized with
well-constructed
paragraphs.
Information is
organized, but
paragraphs are not
well-constructed.
The information
appears to be
disorganized.
Almost no
grammatical,
spelling or
punctuation errors
A few grammatical
spelling or
punctuation errors
Many grammatical,
spelling, or
punctuation errors
The introduction is
inviting, states the
main topic and
previews the
structure of the
paper.
The introduction
clearly states the
main topic and
previews the
structure of the
paper, but is not
particularly inviting
to the reader.
There is no clear
introduction of the
main topic or
structure of the
paper.
All topics are
addressed and all
questions
answered with at
least 2 sentences
about each.
Information clearly
relates to the main
topic. It includes
several supporting
details and/or
examples.
All sources
(information and
graphics) are
accurately
documented in the
desired format.
All topics are
addressed and
most questions
answered with at
least 2 sentences
about each.
Information clearly
relates to the main
topic. It provides 12 supporting
details and/or
examples.
All sources
(information and
graphics) are
accurately
documented, but a
few are not in the
desired format.
The conclusion is
recognizable and
ties up almost all
the loose ends.
The introduction
states the main
topic, but does not
adequately
preview the
structure of the
paper nor is it
particularly inviting
to the reader.
All topics are
addressed, and
most questions
answered with 1
sentence about
each.
Information clearly
relates to the main
topic. No details
and/or examples
are given.
The conclusion is
strong and leaves
the reader with a
feeling that they
understand what
the writer is
“getting at”.
Well rehearsed.
No pronunciation
errors or other
mistakes.
General level of
rehearsal. Few
pronunciation
errors or other
mistakes.
One or more topics
are not addressed.
Information has
little or nothing to
do with the main
topic.
All sources
(information and
graphics) are
accurately
documented, but
many are not in
the desired format.
The conclusion is
recognizable but
does not tie up
several loose ends.
Some sources are
not accurately
documented.
Acceptable level of
rehearsal. Some
pronunciation
errors or other
mistakes.
Low level of
rehearsal.
Numerous
pronunciation
errors or other
mistakes.
There is no clear
conclusion; the
paper just ends.
Total Grade
Page 4 of 4