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(1) Identify Humm Group’s three most important accounting policies in terms of value relevance and investor interest. Explain why you believe these are the three most important accounting policies. (2) Compare Humm Group’s most important policies with those of its key competitor, Afterpay. To do that you need to obtain its respective annual reports, and according to a 9 August announcement, its 2021 annual report will be released as at 25 August 2021 . Explain any differences or similarities between the two competitors in terms of accounting policies. (3) Describe how the SARS-COVID-19 pandemic may have had an impact on these three most important accounting policies for Humm Group and Afterpay. (4) Describe Humm Group’s operating segments. Compare the performance of each segment. Compare Humm Group’s segment performance with those of Afterpay.

ACCT6003 Accounting

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Question: Task You are required to prepare a business letter to answer key accounting issues regarding income taxes, property, plant & equipment revaluation and revenue. Description Assume that you are a graduate accountant working for Highend Accountants, a public accounting firm locate ...

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IASB has issued International Financial Reporting Standards (IFRS) that are being adopted by nations all over the world. Carefully read the article below:  Ball, R. (2006), “international financial reporting standards (IFRS); pros and cons for investors”, Accounting and Business Res ...

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1. Describe the general nature of the business, describe the location, and identify any important or unusual features.  Provide a URL for the company website.2.  Identify the owner that you are interviewing and provide telephone and email contact information.  Briefly describe his/her ...

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Case Study Mr Dumas is a famous French chef who moved from Paris to Sydney on 1 November 2018 to work for an Australian fine dining restaurant. His remuneration includes a salary of $350,000 plus $50,000 bonus per year and a contractual term of two years. Mr Dumas would be paid a lump sum of $500,0 ...

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