Note that the 501 assignment is the same as 301 EXCEPT that 501 students need to find 4 standards one of which must be a different one from an IFRS, IAS or AASB standard. 301 students only submit 2 standards.
There is no longer any requirement on 501 students to produce an assignment proposal, but any student that wishes to ecieve formative feedback on a proposal before proceeding to the main assignment may do so any time before the end of July.