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BUSN7008 Financial Statements & Reporting

MYOB Assignment

Semester 2, 2025

Assessment Weighting: 20%

Due Date:                                        2 October 2025 (Week 9 Thursday) 4:00:00 pm (Canberra Time)

Assignment overview

MYOB is a leading accounting software in the Australasian market. Students are expected to self-learn MYOB and complete an MYOB practice set by Week 9. A step-by-step MYOB instruction document has been uploaded on the Canvas page. Through completing an accounting cycle with the MYOB software in a realistic commercial scenario, students will gain technical skills, practical experience and develop analytical and communication skills that are sought after in the job market.

The formation of groups and time budgeting

This assignment is to  be completed  by students either  individually or  up to  4  members  (no time extension will be provided on the basis of doing it individually). Group members can be any student enrolled in this course.

Please note that it usually takes 20+ hours to self-learn the software and complete this assignment.

Time planning and self-discipline are essential.

Internet-based MYOB

Get access to internet-based MYOB via:

https://buy.myob.com/au/trial?productId=79&pc=EDUPartner&_ga=2.3603376.1812858326

.1679038717-625820113.1679038717

One group, one company file: a group member can create a new company file and invite other group members to work on the same company file. As to how to add your groupmates to a company file, please visit:

https://help.myob.com/wiki/display/myob/Inviting+a+user+to+your+MYOB+business

Please register an account with MYOB using your university email address for 180-day trial.

Let your group  member  know the  email  addresses that you  used to  register  your  MYOB accounts, so that they can add you as a member to work on the same company file.

Submission

Students should combine all their works together as one PDF file in the sequence of cover sheet, financial reports required in part A, financial analysis report required in part B, and submit this document on Canvas.

Each group only needs to submit ONE copy (i.e., please ask one of your groupmates to submit your assignment on Canvas; the remaining group members do not need to submit it again) . Submitting more than once will result in 100% similarity score.

Assignments are to be submitted with an RSA Assignment Cover Sheet attached to the front page (available on Canvas). All members of the group  MUST sign the cover sheet for the assignment. STUDENTS WHO DO NOT SIGN THE COVER SHEET ARE ASSUMED TO HAVE MADE NO CONTRIBUTION TO THE ASSIGNMENT AND WILL RECEIVE NO MARKS.