$20 Bonus + 25% OFF
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
Add File

Error goes here

ACC5215 Corporate Accounting

tag 0 Download12 Pages / 2,835 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Questions:

Question 1
Part 1
Based on the information provided in the company’s Annual Report for Financial Year 2016, you have to answer the following sub-questions. 
1) How many independent directors are there? 
2) What is the number of directors of each gender? 
3) Qualifications of three directors 
4) Experience of these three directors 
5) Are they on other boards and if so, what kind? 
Pjart 2
You have to work on the same company as you have selected in Part 1.
As an in-house accountant of the selected company, you were asked to prepare a report to be used in its annual general meeting. 
The report needs to discuss the following matters using the information found in the company’s annual report for 2016 and the past years if necessary. 
1) The current profitability level of the company, and how stable its profitability level has been for the past several years 
2) How its dividend payments have been, and how the company’s equity has been growing in the recent years. 
3) Is the company recognising any opportunity for the future growth (e.g., new business segments and/or new services)? 
4) Is the company recognising any challenge in the current business activities (e.g., the rise of competitors)? 
5) What has the company being doing to contribute to social and environmental sustainability? 
All the arguments have to be made based on the information provided in the annual report. 
You may also find it useful to google some financial articles from net, newspapers or journals or from case studies in your text book on issues relevant to your company. This may enhance your assignment. 
You have to appropriately cite/reference all the supporting articles
Question 2: Leases
Part 1.
a) What kind of lease does your selected company use for their offices or properties? 
b) What kind of lease does your selected company use for their equipment or other assets?
Why do you think they use the particular kind of lease in each case?
How are these leases recorded in your selected company’s Annual Report for 2016?
According to your selected company, what are some advantages and disadvantages of using different types of lease agreements
Why do you think the Lease Standard (AASB 117) has been introduced?
Part 2
1): Does the Orion Ltd lease arrangement involve a finance lease or an operating lease? Justify your choice. 
2): Critically evaluate the accounting treatment adopted by Triton Ltd with respect to the sale and leaseback agreement. Refer, where necessary, to relevant sections of
Question 3
A. Explain the need for making adjustments for intragroup transactions and describe a key point to remember in relation to the consolidated financial statements in your own words
B. Explain why income tax effects arise from intragroup transactions in a consolidation group and what situation must exist before the tax effect.
Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Upload
Unique Document

Document
Under Evaluation

Get Money
into Your Wallet

Total 12 pages, 1 USD Per Page

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help (2021) Corporate Accounting [Online]. Available from: https://myassignmenthelp.com/free-samples/acc5215-corporate-accounting/contributions-and-leasing-standards.html
[Accessed 24 September 2021].

My Assignment Help. 'Corporate Accounting' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/acc5215-corporate-accounting/contributions-and-leasing-standards.html> accessed 24 September 2021.

My Assignment Help. Corporate Accounting [Internet]. My Assignment Help. 2021 [cited 24 September 2021]. Available from: https://myassignmenthelp.com/free-samples/acc5215-corporate-accounting/contributions-and-leasing-standards.html.


With time, MyAssignmenthelp.com has become one of the best college essay writing service. Our comprehensive coverage of essay topics coupled with logical synchronous paragraphs, sound grammar and punctuation, usage of recent facts and examples have helped many students score guaranteed As. Our services are quick and can satisfy any pressing deadline. Some of our most common essay services include college application essay, literature reviews, selecting essay research paper topics and more.

Latest Accounting Samples

ACFI3009 Contemporary Accounting Issues

Download : 0 | Pages : 11

Question: Part 1 Introduction: Mark-to-market accounting refers to the process of determining the fair value of the company’s assets and liabilities based on the market price of those similar assets and liabilities. On a more specific note, mark-to-market is the reasonable value of an asset or liability that varies over the period depends on the market value of that assets and liability (Ball, Jayaraman and Shivakumar 2012). Most of the...

Read More arrow Tags: Australia Campsie Management Hygiene and Toxicity University of New South Wales Humanities 

ACCT20074 Contemporary Accounting Theory

Download : 0 | Pages : 19

Answer Introduction The second topic that is discussed in the current study indicates towards implementation as well as relevance of social contract with regard to the Legitimacy Theory in the area of accounting. It can be hereby witnessed that legitimacy theory in the area of accounting is important in augmenting the financial framework of a corporation and thus, involving and executing social contract along with the theory of legitimacy can b...

Read More arrow Tags: Australia Strathfield Management object modelling University of New South Wales Masters in Business Administration 

MGB305 Accounting And Finance

Download : 0 | Pages : 5

Answer: Introduction: The report directly indicates that relevant financial condition of APN Outdoor Group by evaluating the financial ratios and WACC of the organisation. Furthermore, the report aims in providing in-depth financial condition of the organisation and its overall capital structure. Depicting the APN’s capital structure: The evaluation of the overall financial report of APN mainly indicates that the company is more focus...

Read More arrow

ACC701 Financial Accounting

Download : 0 | Pages : 10

Answer Introduction In the past few years, a number of Australian firms have been liquidated as a result of their failure to settle their liabilities once they turn due. Some of these firms include the ABC Learning, One-Tel as well as HIH Insurance. As a result, this study aims to present analysis of the major events which led to these firms being liquidated. It will start with background information about the three firms followed by ana...

Read More arrow Tags: Australia Auburn Humanities Web Technologies University of New South Wales Management 

ACT202 Management Accounting

Download : 0 | Pages : 24

Answer: Assign the costs to the activity centres using the resource driver consumption patterns shown in Schedules 1 and 2: The following table shows the assignment the costs to the activity centres using the resource driver consumption patterns shown in Schedules 1 and 2:    (Amounts in $)  Cost category  Wages  Building costs  Depreciation  Consumables &nbs...

Read More arrow
Next

5% Cashback

On APP - grab it while it lasts!

Download app now

*Offer eligible for first 3 orders ordered through app!

ribbon
callback request mobile
Have any Query?