$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

MP212 Financial Accounting And Reporting

tag 0 Download7 Pages / 1,665 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Question:

Background You are a recent accounting graduate and have been employed in the Financial Reporting Unit of Myer Holdings Ltd, an ASX listed firm. Preparations are underway for the completion of the general purpose financial report for the year ended 29 July 2018 and you have been asked by the Chief Financial Officer to identify any major accounting issues which will need to be considered. Your attention is drawn to a media release by ASIC on 31 May 2018 (ASIC Media Release 17?162) and this identifies areas of concern where attention will be directed in the ASIC surveillance program. Not surprisingly given a recent academic paper1 ‘impairment of assets’ receives specific mention.

Required:

You are required to prepare a report for the CFO considering whether impairment of assets is an issue requiring address for the firm.

The report should, with reference to AASB 136:

a) With reference to Myer outline what evidence is there that impairment testing of assets is necessary;

b) With reference to Myer outline the processes required to be addressed in determining any asset impairments that might be necessary

c) With reference to Myer outline the information needed in determining asset impairments

d) Evaluate the flexibility management has available in the determination of asset impairments .

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 7 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). Financial Accounting And Reporting. Retrieved from https://myassignmenthelp.com/free-samples/mp212-financial-accounting-and-reporting/impairment-test.html.

My Assignment Help (2021) Financial Accounting And Reporting [Online]. Available from: https://myassignmenthelp.com/free-samples/mp212-financial-accounting-and-reporting/impairment-test.html
[Accessed 10 April 2021].

My Assignment Help. 'Financial Accounting And Reporting' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/mp212-financial-accounting-and-reporting/impairment-test.html> accessed 10 April 2021.

My Assignment Help. Financial Accounting And Reporting [Internet]. My Assignment Help. 2021 [cited 10 April 2021]. Available from: https://myassignmenthelp.com/free-samples/mp212-financial-accounting-and-reporting/impairment-test.html.


At MyAssignmenthelp.com, we understand that when students get stuck with tough assignments, they look for affordable services. To assist students with complex assignments, we have built a team of skilled cheap essay writers. MyAssignmenthelp.com has become one stop solution for all students who often look for answers related to their search similar to do my essay at the cheap rate or who can write my essay at affordable prices. Students prefer hiring us as we have the best provisions to render services related to do my essay online at a reasonable rate.

Latest Finance Samples

FIN 200 Fundamentals Of Finance

Download : 0 | Pages : 6

Answer: The primary objective of using a discounted cash flow valuation method in the management of a company is to find out the value of the Asset or project carried out by the organisation with the help of time value of money concept. This method can also be used to estimate the profit that can be earned on a specific investment to determine the costs, all the necessary future cash flows, and outflows are estimated to find the appropriate di...

Read More arrow

FNCE100 Corporate Finance

Download : 0 | Pages : 5

Answers 1. The businesses which are engaged in international trade must consider the impact of exchange rates and their fluctuations on the profitability of the business. The importance of Exchange rates which can be identified are listed below in details: Exchange rates form a part of the costs of the business which is paid as commission by the business for converting one currency to another (Blonigen & Piger, 2014). In addition to th...

Read More arrow

BAFI2112 Financial Markets

Download : 0 | Pages : 10

Answer: Introduction Commonwealth Bank of Australia is the leading provider of financial services in Australia. The bank also offers retail, fund management, insurance, superannuation, institutional banking, share broking products and investment services (Commbank, 2018a). The main objective of the report is to explain the market view concerning the behaviour of two currency pairs over the next three to six months. It will also include tradin...

Read More arrow Tags: Australia Sydney Management University of Sydney Masters in Business Administration 

MAA250 Ethics And Financial Services

Download : 0 | Pages : 9

Answer:  Introduction:  Based on the Australian Royal Commission’s interim report and consequent circulation of the same in the Australian Financial Review a detailed research based analysis is done in order to analyze the various aspects reflected including the application of ethical principles, evaluation of the effectiveness of the corporate governance principles along with the Comparison of the actions and behaviors of the...

Read More arrow

CORPFIN 7050 International Financial Management

Download : 0 | Pages : 7

Answers: Answer a) One of the significant task used in analyzing  any data is done by characterizing the location and the variability of the data set, which can be done with the help of skewness and kurtosis. With the help of skewness, it can be said whether the data is positively skewed or negatively skewed in nature. The histogram is one of the effective graphical technique which is used for showing both the skewness and the kurtosis o...

Read More arrow
Next

Save Time & improve Grade

Just share requirement and get customized Solution.

watch
question
We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

Add File

Error goes here

1,639,901

Orders

4.9/5

Overall Rating

5,120

Experts

Our Amazing Features

delivery

On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.

work

Plagiarism Free Work

Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.

time

24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat. If you are unable to calculate word count online, ask our customer executives.

subject

Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.

price

Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 4/5

1309 Order Completed

100% Response Time

Gemmie Chen

MSc in Nursing

Singapore, Singapore

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

1692 Order Completed

98% Response Time

Alfred Dodd

PhD in Computer and Information Science with specialization in Database

Wellington, New Zealand

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

798 Order Completed

97% Response Time

Benjamin Blakeman

MSc in Medical Technology

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

453 Order Completed

98% Response Time

Howard Asuncion

LLM in Criminal Law

London, United Kingdom

Hire Me

FREE Tools

plagiarism

Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.

essay

Essay Typer

Get different kinds of essays typed in minutes with clicks.

edit

GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.

referencing

Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.

calculator

Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability

1

1

1

Your Approx Earning

Live Review

Our Mission Client Satisfaction

Omg they’re doing very good I got 100 from 100 ???? thank you so much for your help you saved me

flag

User Id: 534789 - 10 Apr 2021

Australia

student rating student rating student rating student rating student rating

the writer did a good job but live chat is not working for my exam, so it waste some time

flag

User Id: 663960 - 10 Apr 2021

Australia

student rating student rating student rating student rating student rating

This solutions has been escalated & reworked 4 time, and has cause me lots of delays and time to submitting my final work to my professor. I hope this does not happen again. I am your regular and loyal customer, please do not do this again. I am ...

flag

User Id: 333156 - 10 Apr 2021

Australia

student rating student rating student rating student rating student rating

Excellent work ..I will keep in touch with my future work. Really appreciate all your effort . So far so good. thanks again.

flag

User Id: 573225 - 10 Apr 2021

Australia

student rating student rating student rating student rating student rating

Order on the go!

Say hello to our new app

callback request mobile
Have any Query?