Version 1 Student ID Number: Module Code Module Title Module Credits GAA6000 Advanced Financial Reporting 20 Academic Year and Semester Examination Board Level & Block 2022-23, 1st Semester Jan 2023 L6B1 Method of Assessment Term Weighting Coursework Mid-term 30 % Module Leader Module Leader email Abdul Samad Khan [email protected] Additional Information (if any) Module Tutor: Muhammad Saleem ([email protected]) Version 1 Contents 1. Assessment Details 2. Submission Details 3. Assessment Criteria 4. Further Information  Who can answer questions about my assessment?  Referencing  Submission problems  Unfair academic practice  How is my work graded? 5. IV form Version 1 Assessment Details Assessment title Abr. Weighting Coursework WRIT1 30% Pass marks for undergraduate work is 40%, unless stated otherwise. Task/assessment brief: Assessment Task IAS 36 Impairment of Assets seeks to ensure that an entity's assets are not carried at more than their recoverable amount (i.e. the higher of fair value less costs of disposal and value in use). With the exception of goodwill and certain intangible assets for which an annual impairment test is required, entities are required to conduct impairment tests where there is an indication of impairment of an asset, and the test may be conducted for a 'cash-generating unit' where an asset does not generate cash inflows that are largely independent of those from other assets. You are required to critically discuss the Impairment of Assets of an entity’s assets as per the guideliness provided under IAS 36. 1) Explain and discuss the concepts with reference to IAS 36 a. Carrying amount b. Cash generating unit c. Are you agree that an entity shall assess at the end of each reporting period the recoverable amount of its assets? 2) A company owns a car that was involved in an accident at the year end. It is barely useable, so the value in use is estimated at OMR 1,000. However, the car is a classic and there is a demand for the parts. This results in a fair value less costs to sell of OMR 3,000. The opening carrying value was OMR 8,000 and the car was estimated to have a life of eight years from the start of the year. 3) An entity owns a property which was originally purchased for OMR 300,000. The property has been revalued to OMR 500,000 with the revaluation of OMR 200,000 being recognized as other comprehensive income and recorded as revaluation reserve. The property has a current carrying value of OMR 460,000 but the recoverable amount of the property has just been estimated at only OMR 200,000. What is the amount of impairment and how should this be treated in the financial statements? Version 1 This assignment work will be examined in accordance with the following criteria. Introduction: .

1. Version 1
Student ID Number:
Module Code Module Title Module Credits
GAA6000 Advanced Financial Reporting 20
Academic Year and
Semester
Examination Board Level & Block
2022-23, 1st Semester Jan 2023 L6B1
Method of Assessment Term Weighting
Coursework Mid-term 30 %
Module Leader Module Leader email
Abdul Samad Khan [email protected]
Additional Information (if any)
Module Tutor: Muhammad Saleem ([email protected])

2. Version 1
Contents
1. Assessment Details
2. Submission Details
3. Assessment Criteria
4. Further Information
5. IV form
Version 1
Assessment Details
Assessment title Abr. Weighting
Coursework WRIT1 30%

3. Pass marks for undergraduate work is 40%, unless stated
otherwise.
Task/assessment brief:
Assessment Task
IAS 36 Impairment of Assets seeks to ensure that an entity's
assets are not carried at more than their recoverable
amount (i.e. the higher of fair value less costs of disposal and
value in use). With the exception of goodwill and
certain intangible assets for which an annual impairment test is
required, entities are required to conduct
impairment tests where there is an indication of impairment of
an asset, and the test may be conducted for a
'cash-generating unit' where an asset does not generate cash
inflows that are largely independent of those from
other assets.
You are required to critically discuss the Impairment of Assets
of an entity’s assets as per the guideliness
provided under IAS 36.
1) Explain and discuss the concepts with reference to IAS 36
a. Carrying amount

4. b. Cash generating unit
c. Are you agree that an entity shall assess at the end of each
reporting period the recoverable
amount of its assets?
2) A company owns a car that was involved in an accident at the
year end. It is barely useable, so the value
in use is estimated at OMR 1,000. However, the car is a classic
and there is a demand for the parts. This
results in a fair value less costs to sell of OMR 3,000. The
opening carrying value was OMR 8,000 and
the car was estimated to have a life of eight years from the start
of the year.
3) An entity owns a property which was originally purchased for
OMR 300,000. The property has been
revalued to OMR 500,000 with the revaluation of OMR 200,000
being recognized as other
comprehensive income and recorded as revaluation reserve. The
property has a current carrying value
of OMR 460,000 but the recoverable amount of the property has
just been estimated at only OMR
200,000. What is the amount of impairment and how should this
be treated in the financial statements?

5. Version 1
This assignment work will be examined in accordance with the
following criteria.
Introduction:
150 words
Structure and contents:
900 words
IAS 36 procedures of accounting treatment for:
Carrying amount
Cash generating unit
Discuss to an entity shall assess at the end of each reporting
period the recoverable
amount of its assets
Discuss the following case as per IAS 36 guidelines for:
1) A company owns a car that was involved in an accident at the
year-end. It is barely useable, so the value
in use is estimated at OMR 1,000. However, the car is a classic
and there is a demand for the parts. This
results in a fair value less costs to sell of OMR 3,000. The
opening carrying value was OMR 8,000 and the

6. car was estimated to have a life of eight years from the start of
the year.
2) An entity owns a property which was originally purchased for
OMR 300,000. The property has been
revalued to OMR 500,000 with the revaluation of OMR 200,000
being recognized as other comprehensive
income and recorded as revaluation reserve. The property has a
current carrying value of OMR 460,000
but the recoverable amount of the property has just been
estimated at only OMR 200,000.
What is the amount of impairment in both cases and
how should this be treated in the financial
statements?
Conclusion
150 words
Note: References
-
books.

7. Version 1
Additional instructions:
*************
Word count (or equivalent): 1200
This is a reflection of the effort required for the assessment.
Word counts will normally include any text,
tables, calculations, figures, subtitles and citations. Reference
lists and contents of appendices are
excluded from the word count. Contents of appendices are not
usually considered when determining
your final assessment grade.
Academic or technical terms explained:

8. Submission Details
Submission
Deadline:
Mid – 3rd November 2022
Estimated
Feedback
Return Date
After the result
announcement (10
working days) – January
2023 EB
Submission
Time:
9:00 PM
Turnitin: Any assessments submitted after the deadline will not
be marked and will be

9. recorded as a non-attempt unless you have had an extension
request agreed or have
approved mitigating circumstances. See the Gulf College
website for more
information on submission details and mitigating circumstances.
Version 1
File Format: The assessment must be submitted as a word
document and submit through the
Turnitin submission point.
Your assessment should be titled with your:
Student ID number, Module code and Assessment ID,
e.g. 1610200 GAC3000 WRIT1
Feedback Feedback for the assessment will be provided
electronically via Turnitin / MS Teams
/ Face to Face. Feedback will be provided with comments on
your strengths and the
areas which you can improve. Module tutors give students two
types of assessment

10. feedback: formative, which is given when the student is working
on the completion
of an assignment or coursework, and summative, which is given
upon completion of
the module. A comprehensive assessment feedback on your
performance will be
given after the announcement of the results. (10 Working Days)
Assessment Criteria
Learning outcomes assessed
On successful completion of the module, a student should be
able to:
company law, accounting standards and concepts in the
context of financial reporting
In addition, the assessment will test the following learning
outcome:
This assignment comprises 30% of the total assessment’s marks.

11. It contains one component assignment. This will
develop the Analytical skill of the student. The discussion on
IAS 36 enables the students to analyse and evaluate
the benefits of the different activities done in the class. This
skill will eventually help them evaluate options
necessary to make decisions in the workplace
It will develop the following skills:
the students in analyzing the various tasks.
ills. This will enhance their proper research and
referencing skills that are necessary when they
enter the real world of work.
Version 1
Mathematical skills. The analysis and calculation of the ratios
will help the students develop the required skills
for their specialization.

12. Marking/Assessment Criteria
Task Description
Marks
Allocated
Introduction 150 words 10 %
Structure and contents:
IAS 36 procedures of accounting treatment for;
Carrying amount
Cash generating unit
Discuss to an entity shall assess at the end of each
reporting period the
recoverable amount of its assets
Discuss the following two case as per IAS 36 guidelines
for:
900 words
80 %
Conclusion
150 words
10 %

13. Total 100%
Running Head: Professional Portfolio 1
NURSING PRACTITIONER 6
Name xx
Referral letter
1st referral
From: xxxx
Kindred Hospital xxxxx.
Date xxx
To whom it may Concern:
I would like to introduce to you a working colleague whom I
have worked closely with in our healthcare institution. Joyce
has unique qualities that could be useful to your organization. I
genuinely admire her nursing personality, skills, and abilities,
particularly, her handling of patients who are disturbed is
recommendable, she is highly dependable since she can
effectively communicate with patients and update the patient's
charts and record files perfectly.

14. I recommend you consider her potential since she has delivered
in our institution and has surpassed our expectations. It is with
confidence that given the opportunity and a conducive working
environment you will rip more from her than we did. She is
professional and will show you some courtesy that she has
shown me. You will be impressed that you heeded my advice.
Kindly reach out to me if you need anything.
Thank you
Name: xxxx
Phone xxxx
2nd referral
From: xxxx
Date: xxx
To whom it may Concern:
In the capacity of person’s mentor, I found Joyce a hardworking
and collaborative member of my team within our institution.
She is devoted to her patients and concentrates on her
responsibility for her patients which has seen her win over the
hearts of many within our setting. She also opted to take part in
courses pertaining to health for women and family medicine to
improve performance and care for the patients.
Honestly, her professionalism is of the highest level, and she
brings out the best from her fellow working staff members
within her jurisdictions. She is active in every field pertaining
to health care and family care for the sick. Furthermore, Joyce
was an active participant in nursing programs and seminars that
were being done within the community and the organization.
Regards,
Name xxx
Phone : xxxx
Section II: Why Hiring the APRN Brings Added Value to The
Practice

15. An APRN is a registered nurse who has completed additional
education in their specialty, such as a master's degree (ANA,
n.d.). Hiring advanced patient registered nurses have more
advantages for the health organization for patient care.
Registered nurses help in improving patients’ journeys
(Kleinpell et al., 2019). APRNs use their well-developed skills
and the information they have learned to provide health care on
their own, with little or no help from a physician. Due to a
shortage of physicians in the U.S., APRNs are becoming more
valuable in primary and emergency care. This study explains
why APRNs can fulfill medical needs without hiring
professionals from medical schools.
The U.S. BUREAU OF LABOR STATISTICS notes that the
majority of jobs for nurse midwives, nurse practitioners, and
nurse anesthetists will grow by 45 percent from 2020 to 2030
(U.S. BUREAU OF LABOR STATISTICS, 2022). This is much
faster than the average for all jobs. Over the next decade, there
will be an average of 29,400 positions open for nurse
anesthetists, nurse midwives, and nurse practitioners (U.S.
BUREAU OF LABOR STATISTICS, 2022). Many of these
openings are likely to be caused by workers moving to different
jobs or leaving the workforce, such as when they retire. In May
2021, nurse midwives, nurse practitioners, and nurse
anesthetists made a median annual salary of $123,780 (U.S.
BUREAU OF LABOR STATISTICS, 2022).
Advanced practice nursing has significant benefits in health
care settings. Especially employers who hire advanced practice
registered nurses (APRNs) reap a number of benefits, including
greater job stability and specialization, enhanced leadership
potential, and increased autonomy (Miranda Neto et al., 2018).
Although physicians continue to earn more than APRNs, APRNs
are giving sustaining affordable, and high-quality medical
treatment helps the healthcare system. Generally, APRNs are
knowledgeable in a variety of medical specialties and can assist
patients in numerous ways.
APRNs include clinical nurse specialists, nurse practitioners,

16. nurse midwives, as well as nurse anesthetists. Nurse
practitioners give primary, emergency care, and specialty care
to individuals of all ages by evaluating, diagnosing, and treating
illnesses and injuries (ANA, n.d.). Certified Registered Nurse
Anesthetists offer a full range of services related to general
anesthesia and pain control (ANA, n.d.). Certified nurse-
midwives take care of patients' general, gynecological, and
reproductive health (ANA, n.d.).
Clinical Nurse Specialists diagnose, treat, and monitor patients;
they provide knowledge and advice to nurses who care for
patients; they are also involved in driving or managing the
practice throughout the health care center; they ensure that
standard procedures and evidence-based practice care are
followed to produce the best possible treatment for patients
(ANA, n.d.). To become an APRN, you need a Master of
Science in Nursing or Doctor of Nursing Practice in the
applicable specialization (ANA, n.d.). Having worked in the
medical area previously is also prevalent among APRNs. The
ANCC certification exam must be taken after graduation (ANA,
n.d.).
Conclusion
APRNs have the significant clinical knowledge and can
diagnose and treat a myriad of health illnesses, as well as obtain
and evaluate lab tests, counsel patients, and prescribe
medicines. These nurses have a doctorate or master's degree in
nursing and are able to deal with acute and primary care
patients in a wide range of settings. Therefore, employers
should consider hiring APRNs since they can deliver better and
quality patient care in a number of contexts, similar to high-
ranking physicians.
References
ANA. (n.d.).
Advanced Practice Registered Nurses (APRN).

17. American Nurse Assosiation (ANA).
https://www.nursingworld.org/practice-
policy/workforce/what-is-nursing/aprn/
Authored, F., Bowden, M., & Jones, V. (2019).
Get Kindle Gets Kindle FAMILY NURSING:
RESEARCH, THEORY, AND PRACTICE (5TH EDITION)
FAMILY NURSING: RESEARCH, THEORY, AND PRACTICE
(5TH EDITION).
https://fondofomentostamarta.utbvirtual.edu.co/sexy4f8np4kd/0
1-dr-adan-botsford-1/document-9780130608246-family-nursing-
research-theory-and-practice-5th-.pdf
Kleinpell, R. M., Grabenkort, W. R., Kapu, A. N., Constantine,
R., & Sicoutris, C. (2019). Nurse Practitioners and Physician
Assistants in Acute and Critical Care.
Critical Care Medicine,
47(10), 1442–1449.
https://doi.org/10.1097/ccm.0000000000003925
Miranda Neto, M. V. de, Rewa, T., Leonello, V. M., & Oliveira,
M. A. de C. (2018). Advanced practice nursing: a possibility for
Primary Health Care?
Revista Brasileira de Enfermagem,
71(suppl 1), 716–721. https://doi.org/10.1590/0034-
7167-2017-0672
U.S. BUREAU OF LABOR STATISTICS. (2022).
Nurse anesthetists, nurse
midwives, and nurse practitioners. Bls.Gov.
https://www.bls.gov/ooh/healthcare/nurse-anesthetists-
nurse-midwives-and-nurse-practitioners.htm