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ACC706 Accounting Theory And Issues

tag 2 Downloads 1 Pages / 228 Words tag 31-03-2020
  • Course Code: ACC706
  • University: Kings Own Institute
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  • Country: Australia

Question:

Remuneration report

As discussed by Grosse, Kean and Scott, (2017), remuneration report is defined as the type of report which considers the statistical comparison of the salaries of the highest paid person in a business organization with the average pay of the lowest paid 10% workers of the organization.

This paper will be focussing on the remuneration report of Virgin Australia which is one of the biggest aviation industries in the Australian market (Faghani, Monem and Ng 2015). The organization faced few financial difficulties during 2011 as there was a couple of changes in the structure of the organization (Harpur and Pachana 2017). The transformational change had an impact on the business of this 2nd biggest aviation industry in Australia.

 
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