Presentation Of A Presentation On The Presentation

Presentation Report As per the Assessment Task 4 requirement for the presentation with individual written report, myself Ashma, Ivan and Sean were allocated as a ‘group 2’ participants. Our topic for the group presentation was ‘Measurement Issues’ which was performed by us on week 5 on our respective tutorial class. We, three divided our presentation tasks in 3 parts where I was assigned to speak and present my performance at first half, Ivan supported and justified his arguments on the second half and further, on the last half Sean mentioned his issues and brought the presentation in to the conclusion. My first part in the presentation was to speak and provide information about our topic i.e.†¦show more content†¦The word ‘Measurement’ is an often used term in the field of mathematics, science, technology, quantitative research and many more other disciplines. Measurement can simply be understood as the process of measuring, quantifying or estimating some thing in monetary terms. The most commonly measurement units used in general are kilogram, metre, candela, mole, second, ampere and kelvin. However, in accounting field measurement has its own specific definition which means that it is a process of determining the monetary amounts by recognising the elements of the financial statements and carrying them in the income statement and balance sheet. In the presentation, I described about the measurement definition, mixed measurement model, advantages and disadvantages of measurement models, identification of different measurement models, brief definition of the models - historical cost, current cost, fair value, present value and deprival value, explanation of the principles of measurement and also I used the examples of the biological assets to provide information on how measurement model are selected to measure the assets or liabilities. Before selecting a measurement model for the assets/liabilities, various considerations are adopte d like focussing on advantages or disadvantages of the model, its