Finance : Page - 8

GRI Sustainability Reporting Standards 2016Global reporting standards are prepared and maintained by the GSSB(Global Sustainability Standard Board). It has the sole responsibility for the maintenance of the globally accepted standards for sustainability reporting (Robert G. Eccles 2012). It can be defined as the process promoted by GRI standards by an organisation on their significant aspects such as environment, economic and social impac...

Management Support System (MRS), Decision Support System (DSS), and Executive Information System (EIS)As referred by Chris (2012) that overview of the basic formulated pattern of the development Information System corresponding to the professional architect of the organization maneuver and management. It lays emphasis of enlighten prominent administration classification includes Management Support System (MRS), Decision Support System (DSS) al...

Analysis of the Project Scope and Stakeholder RolesProject Management Plan or in short, PMP, is a document that lists different aspects of the project that are decided during the planning phase. It includes project scope, objectives, stakeholder roles, estimated time, budget, risk management plan and others. Any project management plan is incomplete without any of these points and aspects (Kerzner, 2013). However, simply including these aspects ...

Auditing and its Importance in DIPL1. Auditing refers to the process of inspecting various financial statements of the business organizations in order to ensure that the financial statements are free from any kind of material misstatements. The same aspect can be applied in case of Double Ink private Limited (DIPL). There are some areas in business that need the work of an expert in auditing process. They are the appraisal process of environme...

The Problems Faced by Kraft FoodsIn the competitive world of today, every company wants to be ahead of its competitors. This is achieved through various methods. However, the most crucial part of any company is its consumers. The consumers rule the roost for any company under any industry. The consumers are the indirect and influential decision makers for any company. This write up identifies and analyses the problem faced by Kraft Foods durin...

Background of Etihad AirwaysPerformance measurement system can be considered to be information system that are essentially utilized for evaluation of both individual as well as organizational performance[1]. Nowadays, management of firms use important non-financial measures along with key financial measures within a particular performance measurement systems in order to offer managers with suitable information regarding the overall situation of ...

Objectives of financial reporting through IFRSInternational Financial Reporting Standards (IFRS) can be understood as accounting standards set by a non-profit independent organization like International Accounting Standards Board. The objective of the paper is to explain key objectives of financial reporting employing IFRS. The conceptual framework of IFRS evaluation will facilitate explaining users of financial statements and the aspects it d...

Organizational backgroundRobinsons was established on 25th February 1858. The founder of the company of the company is Philip Robinson (Robinsons.com.sg 2017). The company started with the name Spicer and Robinson but after two years of business, the business partner of Robinson,  James Spicer pulled out of the business and the company was renamed Robinson and co. Robinsons is mainly in retail business in Singapore and Malaysia...

Answers: Question1  Calculation of annual returns: Month Apple Ltd Returns Month Orange Ltd Returns Month   Market Index Returns Share price ($) Share price ($)     (ASX index) Jan-16 13.05 0.00% Jan-16 20.55 0.00% Jan-16 4650 0.00% Feb-16 13.4 2.68% Feb-16 21.15...

Understanding the Demand for Audit and Assurance ServicesThe decisions of finance are very important and are taken after a very deep study and market research. The information provided in the market are the base of such financial decision marking. The investor gathers all the information about the company before he invests in it. The decision to invest in any company is dependent on the correct information gathered from the market. The audit r...

Risk AssessmentRisk assessment is the activity of finding out the quantitative or the necessary qualitative estimate of risk related to well define situation. Threat is also called a hazard, a qualitative risk assessment requires for there to be a calculation of more than two objects of the dangers. There is magnitude of the potential loss), thus it is regarded as the probability or likelihood of a certain event occurring. The organization ha...

Identification of Sustainability IssuesSustainable development is not a new concept. This has been prevalent for quite sometime. During the early part of 1900s, quite a number of universities were introducing this concept in their outlines for training critical thinkers in ethics and morality. Sustainable growth is a broad area, which is highly concerned about the impact the human activities can create on the environment, social welfare and ec...

Defined Benefit PlanThe employees who are involved in the practices of providing the services are known as tertiary sector employees. Three types of sectors are available in the tertiary and the service sectors. Employees working in the service or tertiary sectors are required to make their own superannuation funds because they do not work under any employer1. Employees working in the tertiary sector can select one of the two superannuation pl...

Answer 1: Direct and Indirect Securities ConceptFinancial markets can be indicated as a market in which individuals other than investors consider buying and selling of several shares, financial securities, bonds, debentures and many more. Transaction costs are deemed to be decreased within financial markets and the securities prices indicate the supply and demand within the economy. While making decision regarding investment, the investors mig...

About the companyThis report deals with analysis of the financial statements of Broo Limited which is an Australian company. Further, the changes in the year 2016 from the year 2015 shall also be analyzed. The overall performance of the company shall be evaluated by calculating the key financial ratios. Moreover, the future prospects of the company shall also be highlighted. Broo Limited is a leading company of Australia that is into the ...

Question 1Collect the company’s 5 year growth rate (CAGR) in operating revenue as at the end of the most recent financial year. (If the company has not been listed that long, use the 1 or 3 year rate – whichever is longer – as a proxy.) If this CAGR can be expected to continue, what is your prediction for operating revenue for the 2020/21 financial year? The ASX listed company taken for completion for these assignments is ...

Systems affectedAccording to the case study, during the past year, there has been the emergence of a significant amount of dissatisafction within Valley Wide Utilities Company. In the first year, there occurred the encouragement of particiopation and obtaining of rewards were made. The staffs did the setting of high goals and there occurred an incraese in productivity. Presently, however, there is occuring the reporting of problems in respect ...

Methods and Tools for Identifying Risks in a BusinessRisks identification is critical for any type of business, hence methods for application used for identifying risks in a business are as follows; ISO/IEC 31010:2009: Applying this standards will easily allow identifying all possible risks that exists within business functionality.   Brainstorming: Employees, labours and other workers will be asked to provide feedback to manager rega...

Measuring GDP and Economic GrowthMeasuring GDP and Economic Growth (a) The value of the produced output at the given market price is: $ [(3,000,000 * 1) + (50,000 * 20) + (20 * 50,000) + (50,000 * 20) + (1 * 1,000,000) + (2 * 50,000)] = $ (3,000,000 + 1,000,000 + 1,000,000 + 1,000,000 + 1,000,000 + 100,000) = $ 7,100,000 = $ 7.1 million (b) Mark’s annual wage at Pizza hut = $15,000. His income from selling pizzas = $5 * 4000 = $20,...

BCA Regulations for Building and Demolition Projects1.As per the Demolition and Building Work Policy of the council, it is required that all the work pertaining to building and demolition is to be carried out in the safest method that is possible and at the same time all the legislative requirements are met with. The Occupational Health and Safety requirements have been followed as per the regulations set forth in OHS&W Regulations, 1995. ...

Present economic theories and their influence on financial segment in AustraliaThe worldwide financial crisis is essentially set off by the collapsing of the sub-prime market of particularly mortgage in the US. Also, the housing bubble also occurred during the 2006.  Essentially huge loan defaults that led banks to basically assume ownership of nearly houses of no value that subsequently led the way to loss (Frydman and Phelps 2013). As a r...

Situation prior to GFC and AFCAsia showed remarkable resilient in the face of the GFC and its output performance remained stronger compared to other regions. Before the GFC, Asia had a better initial condition in terms of lower external as well as financial vulnerabilities. These contributed significantly to Asian resilience. The main pre-crisis variables in Asia entailed moderate expansion of credit, dependence upon deposit-funding, improved ...

Conditions for Mergers and AcquisitionsPartnerships are needed by companies and organizations for enhancing the productivity. These partnerships are of different types- mergers and acquisitions. When two companies merger into one, it is tagged as mergers. On the other hand, when one company takes control of the other, it is the acquisition activity of the company (Cartwright & Cooper, 2014). Mergers and acquisitions are one of the major ec...

Equal Credit Opportunity Act (Regulation B)1.Present report emphasize on Regulation B of Law of Banking and Financial Institutions. Regulation B deals with law relating to ‘Equal Credit Opportunity’. The aim of statue behind application of such regulation is to require financial institutions which are engaged in extension of credit to provide credit available to all creditworthy customers without regard to race; sex; marital status...

Section 1: identify hazardsQ1: What does the law say about your responsibility to manage workplace risks? The Work Health and Safety Act 2011 and Regulations require the persons who are obligated to ensure the health and safety of the workplace minimises all the safety and health related risks as far as it is practicable. The persons responsible for ensuring the workplace safety must follow the four steps to eliminate any such workplace...