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Report

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You are required to collect the following information on your selected company for the most recent annual report you are able to obtain: 1) Management Information: a. Key Management Personnel. Please exclude nonͲexecutive directors; and b. Remuneration for each of the Key Management Personnel identified in (1). In total, and by category (i.e. Base Pay, Annual Leave, Superannuation, etc.). 2) Shareholder Information: a. Top 20 shareholde...

Read More arrow Tags: Australia Arlington Management University of New South Wales 

Accounting Standards

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Question 1Discuss at least two advantages that were available for reportingentities in the previous Accounting Standard for leases AASB117 Leases. Further, discuss if reporting entities might be morelikely to buy rather than lease assets now that they are requiredto capitalise leases in accordance with AASB 16 Leases. Justifyyour answer. 5 marksQuestion 2The following two scenario involve a fibre optic cable.Scenario 1Customer enters into a 15-ye...

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Accounting Of Leases

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Questions: 1.Discuss at least two advantages that were available for reporting entities in the previous Accounting Standard for leases AASB 117 Leases.   2.Determine for each scenario separately whether: • There is an identifiable asset • The customer controls the use of the identified asset throughout the period of use • The contract contains a lease.   Answers: 1.Previously under IAS17, the accounting of leases...

Read More arrow Tags: Canada Toronto Accounting Accounting Standards Toronto University MBA 

Memo Assignment

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Group Memos – Individually Marked: You are required to form-up into groups of three to six (your task, not the lecturer’s) and to inform your lecturer of who is in your group (this will be done on the Memo). Memo Assignments and Structure – Periodically, a memo question will be assigned during lecture or tutorial and a written description of that question will be posted to the assignment section of Blackboard. A total of fo...

Read More arrow Tags: Australia  New South Wales  Medical Healthcare University of New South Wales (UNSW) 

Financial Reporting Disclosures In The Australian Corporate Sector

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Question: Write a report on the Financial Reporting Disclosures in the Australian Corporate Sector.   Answer: Introduction: In recent times, it is necessary for the corporate entities to deliver useful financial information to their stakeholders so that they could undertake significant decisions. The current report would focus on write-downs of impairment in the corporate world of Australia. Hence, Qantas Airways is chosen as the ...

Read More arrow Tags: Australia Sydney Accounting ACCG923 Accounting Standards and Practice  University of New South Wales ACCG923 Accounting Standards and Prac 

ACCG923 Accounting Standards And Practice

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Formal requirements: Structure: Include a report cover page (not to be confused with the assessment cover sheet asdescribed below), a table of contents, an executive summary and a list of references. You may include an appendix if necessary. Length: The minimum total word length of the assignment is 1,500 and the maximum total word length is 1 600 words. Cover sheet, table of contents and appendices will not be counted in the word count. Please w...

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

Accounting For Goodwill Impairment

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Questions: 1.Summarize the disclosure requirements for Impairment as per AASB 136   2.Critically analyse to what extent the latest annual report of your Company meets the disclosure requirements for Impairment as per AASB 136   3.A Critical analysis of some of the Complexities and key Issues involved in Impairment testing.     Answers: Introduction: The term impairment means the fact that the value of the asset tha...

Read More arrow Tags: Australia Jawalakhel Accounting Accounting Standards University of Queensland 

Accounting Issue

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On 29 May 2012, the (Australian) Water Accounting Standards Board (WASB) passed the Australian Water Accounting Standard 1 (AWAS1 – can be downloaded and reviewed at: http://www.bom.gov.au/water/standards/documents/awas1_v1.0.pdf ). Crystal Creek Falls (see Figure 1) is located between the Queensland (Australia) cities of Ingham and Townsville. Each week, a million hectare-metres of clean cool, clean, crystal clear water flow through i...

Read More arrow Tags: Australia Arlington Management University of New South Wales 

Accounting Standards

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Task 1:Contemporary Issues of Accounting Theory Essay Students are required to pick 2 issues from the above and provide the following: 1. Overview of the current discussion 2. Rationale for current discussion – why is the project being undertaken (500 words, 5 marks per issue) Task 2 Some authors suggest: “IFRS will not require accounting for stewardship of public funds entrusted, or for the supply of services, both of which are core...

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International Accounting Standards

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Task This assessment task consists of five (5) questions. A total of 80 marks are allocated to the questions below, which will then be converted to a mark out of 15%.All workings, when appropriate, must be shown to substantiate your answers.  Question 1 [16 marks]Financial statement disclosures:One of the projects that the International Accounting Standards Board (IASB) is currently undertaking is the Disclosure Initiative project, with the...

Read More arrow Tags: Australia Melbourne Management c# programm University of New South Wales 

Australian Accounting Standards

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Part A Literature Review (1,000 words, 15 marks)You are to report on the processes used to make changes to Australian accounting standards. You will find a lot of information here at the AASB web site to get you started. The AASB site is a great place to find out information on the Australian accounting standard setting environment, but you will have to read more widely than that.To address the topic in Part A, you will have to answer these two q...

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International Accounting Standards

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TaskThis assessment task consists of five (5) questions. A total of 80 marks are allocated to the questions below, which will then be converted to a mark out of 15%.All workings, when appropriate, must be shown to substantiate your answers.  Question 1 [16 marks]Financial statement disclosuresOne of the projects that the International Accounting Standards Board (IASB) is currently undertaking is the Disclosure Initiative project, with the ai...

Read More arrow Tags: Australia Redlands Management University of New South Wales 

Accounting Standards And Practice

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As a new accounting graduate, you have just joined the financial reporting unit of a listedcompany* when your manager, the Chief Financial Officer (CFO), approaches you with your firsttask.In their last meeting, the board members of your company is concerned about the company'sreputational standing in the market relating to the quality of financial information in the annualreport and keen to ensure that asset values are appropriately reflected an...

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Australian Accounting Standards

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Question 2 :Bendigo Ltd sells consumer whitegoods through 100 retail outlets throughout Victoria, New South Wales andQueensland. Bendigo Ltd leases the retail outlets and their accounting policy (in accordance with AASB 117Leases) is to classify leases as finance leases when the terms of the lease transfer substantially all the risks andrewards of ownership to the lessee (Bendigo Ltd); all other leases are classified as operating leases. In apply...

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ACCG923 Accounting Standards And Practice

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Task In a perfect world, investors, board members, and executives would have full confidence in companies’ financial statements. They could rely on the numbers to make intelligent estimates of the magnitude, timing, and uncertainty of future cash flows and to judge whether the resulting estimate of value was fairly represented in the current stock price. And they could make wise decisions about whether to invest in or acquire a company, th...

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