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Case 1: Sale of Tennis Courts1. Two years ago Peta purchased a house in Kew. This house had two old tennis courts down the back which were in poor condition. She purchased the property for two reasons:so that she and her family could live in the house; and so that she could build three units on the tennis courts and sell them at a profitIn the current tax year the tennis club next door offered to buy the old tennis courts, but only...
Corporate governance analysisDescribe about the Business Corporate Governance and Ethics. Corporate governance is the practice and process based on which every business organization is controlled as well as directed. The rules of corporate governance have been made by satisfying all the stakeholders associated with the business process. The stakeholders include management, customers, suppliers, existing employees, community and government...
Question: Discuss about the Generally Accepted Accounting Principles. Answer: Introduction Financial Statements are the presentation of financial information on the overall performance of the organizations. It provides useful information to the users like investors, creditors, financial institutions and other stakeholders of the business entities. Therefore, it is essential to recognize the transactions with the compliance o...
Question: Discuss about the Accounting Theory and Issues for Purpose Financial Statement. Answer: Introduction: The company selected for explaining the accounting theories with conceptual Framework and its accounting policies is Woolworths. Woolworths is one of the renowned retail groceries Supermarket of Australia, with its headquartered in Bella Vista, New South Wales. It has established in 1924.(Woolworths Limited 2016). ...
Talent Management and DevelopmentWrite an essay on Talent management. Talent management is regarded as a set of a framework of interrelated workforce management which helps in motivating, developing and retaining employees within the company. It also helps in succession planning and performance which helps in analysis of development and recruitment of employees within the workplace[1]. Talent management is regarded as one of the most...
