You are a graduate accountant now working for Kaplan Construction and Confectionary Limited (KCCL), a listed public company on the ASX (Australian Stock Exchange). KCCL has introduced Generative AI (GenAI) to enhance decision

Assessment 3 Information
Subject Code: ACCM4200
Subject Name: Advanced Financial Accounting
Assessment Title: Compliance Evaluation Report
Assessment Type: Compliance Evaluation Report
Assessment Length: 2500 Words (+/-10%)
Weighting: 40 %
Total Marks: 40
Submission: Individual via Turnitin on MyKBS
Due Date: Sunday of Week 12 at 23:55 AEST (11:55 pm)
Your Task
Prepare a report that addresses the issues in 4 case studies which will be made available to you in week
11.
Assessment Description
You are a graduate accountant now working for Kaplan Construction and Confectionary Limited
(KCCL), a listed public company on the ASX (Australian Stock Exchange). KCCL has
introduced Generative AI (GenAI) to enhance decision-making processes and streamline
financial analysis. The primary purpose of this training is to evaluate how well employees
critically assess AI-generated content using their accounting knowledge. As part of the training,
you are expected to demonstrate your ability to design effective information-gathering and
communication strategies using GenAI as a tool. You will evaluate and interpret AI-generated
insights to support professional financial advice. Additionally, the company aims to determine
how effectively GenAI supports financial decision-making and whether it adds value to internal
operations. Your insights will help shape the future use of GenAI at KCCL.
Your Finance Manager, Julia Roberts, has requested you attend a training session on Accounting
Standards. George Clooney, the Head of Finance and Training Manager, has incorporated the use
of GenAI in the training. You are required to use KCCL GPT, a GenAI platform available for
employees, to complete your training.
Page 2 Kaplan Business School – ACCM 4200 Assessment 3 Outline – 2025 T2
Assessment Instructions
Task Requirements
There are 4 case scenarios to be addressed
Prepare a report for all four cases. (The report should be suitable for presenting to Senior
Management)
For each case:
Identify all the accounting or financial interpretation issues
Apply the relevant Accounting Standards to support your analysis
Ensure each case study does not exceed 300 words (and this does not include the prompts)
(+/- 10%).
This is a green level 3 assessment (page 5). This means that you must use ChatGPT to assist with
the analysis EXCEPT for the Recommendations, which is red level 1 (page 5) and must be
completed by your own words. (see section 3 below),
Steps to Successfully Complete the Task
1. Use ChatGPT:
DO NOT copy paste any part of the case study into ChatGPT.
You need to create your own prompts
You are allowed a maximum of 2 prompts per case in ChatGPT
Each prompt will have a maximum of 100 words
2. Analysis
Based on the ChatGPT responses, write a report that includes the following:
Copy and paste both your prompts and the corresponding ChatGPT responses into your
report.
Evaluate the responses generated by ChatGPT based on the given prompt. Assess the
accuracy and relevance of the responses by:
Identifying the key accounting or financial interpretation issues presented in the
scenario.
Supporting your evaluation by citing specific paragraphs from the relevant
Accounting Standards.
Each case analysis should not exceed 300 words (+/- 10%).
3- Recommendations (Do Not Use ChatGPT for This Section)
George and Julia are seeking your professional feedback on the usefulness and reliability of the
KCCL GPT output. They are interested in understanding how effective the tool is in identifying
and addressing accounting and financial interpretation issues. Please provide a
recommendation between 300 and 500 words, addressing the following:
Page 3 Kaplan Business School – ACCM 4200 Assessment 3 Outline – 2025 T2
Evaluate whether the ChatGPT responses were accurate and relevant.
Comment on why you think the responses were correct or incorrect
Provide suggestions to Management about how you can better make use of KCCL
GPT in the workplace.
For example, think about how your prompts could be improved, how you should review the GenAI
output, and the limitations of relying on GenAI for technical decision-making. Also, consider any
ethical issues that may arise before giving advice to clients.
Important:
You must complete this section with your own words. Do not use ChatGPT or any other AI tools
for this part.
Note: Your feedback is important for KCCL’s management to decide if Gen AI tools are relevant
and/or important for increasing productivity and efficiency.
4 – References and Appendix
References: Include a reference list of all the sources you referred to in your analysis and
recommendations including ChatGPT.
Appendix: Make sure each screenshot clearly shows the prompt and the AI’s response.
Attach the screenshots of your ChatGPT conversations as follows:
Appendix 1: Case 1 – ChatGPT Prompts and Responses
Appendix 2: Case 2 – ChatGPT Prompts and Responses
Appendix 3: Case 3 – ChatGPT Prompts and Responses
Appendix 4: Case 4 – ChatGPT Prompts and Responses
5-Communication and Presentation:
A professional format and presentation of the report to Senior Management is required.
Page 4 Kaplan Business School – ACCM 4200 Assessment 3 Outline – 2025 T2
Important Study Information
Academic Integrity and Conduct Policy
https://www.kbs.edu.au/admissions/forms-and-policies
KBS values academic integrity. All students must understand the meaning and consequences of cheating,
plagiarism and other academic offences under the Academic Integrity and Conduct Policy.
Please read the policy to learn the answers to these questions:
What is academic integrity and misconduct
What are the penalties for academic misconduct
How can I appeal my grade
Late submission of assignments (within the Assessment Policy)
https://www.kbs.edu.au/admissions/forms-and-policies
Length Limits for Assessments
Penalties may be applied for assessment submissions that exceed prescribed limits.
Study Assistance
Students may seek study assistance from their local Academic Learning Advisor or refer to the resources on
the MyKBS Academic Success Centre page. Further details can be accessed at
https://elearning.kbs.edu.au/course/view.php id=1481
Page 5 Kaplan Business School – ACCM 4200 Assessment 3 Outline – 2025 T2
Generative AI Traffic Lights
Please see the level of Generative AI that this assessment has been designed to accept:
Traffic Light Amount of Generative Artificial Intelligence
(GenerativeAI) usage Evidence Required This assessment
( )
Level 1
Prohibited:
No GenerativeAI allowed
This assessment showcases your individual
knowledge, skills and/or personal experiences
in the absence of Generative AI support.
The use of generative AI is prohibited for
this assessment and may potentially
result in penalties for academic
misconduct, including but not limited to a
mark of zero for the assessment.
Part 3
recommendations
Level 2
Optional:
You may use GenerativeAI for research and
content generation that is appropriately
referenced.
See assessment instructions for details
This assessment allows you to engage with
Generative AI as a means of expanding your
understanding, creativity, and idea generation
in the research phase of your assessment and
to produce content that enhances your
assessment. I.e., images. You do not have to
use it.
The use of GenAI is optional for this
assessment.
Your collaboration with GenerativeAI
must be clearly referenced just as you
would reference any other resource type
used. Click on the link below to learn
how to reference GenerativeAI.
https://library.kaplan.edu.au/referenci
ng-other-sources/referencing-other sources-generative-ai
In addition, you must include an appendix
that documents your GenerativeAI
collaboration including all prompts and
responses used for the assessment.
Unapproved use of generative AI as per
assessment details during the content
generation parts of your assessment may
potentially result in penalties for academic
misconduct, including but not limited to a
mark of zero for the assessment. Ensure
you follow the specific assessment
instructions in the section above.
Level 3
Compulsory:
You must use GenerativeAI to complete
your assessment
See assessment instruction for details
This assessment fully integrates Generative
AI, allowing you to harness the technology’s
full potential in collaboration with your own
expertise.
Always check your assessment instructions
carefully as there may still be limitations on
what constitutes acceptable use, and these
may be specific to each assessment.
You will be taught how to use generative AI
and assessed on its use.
Your collaboration with GenerativeAI must be
clearly referenced just as you would
reference any other resource type used. Click
on the link below to learn how to reference
GenerativeAI.