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ACCT20074 Contemporary Accounting Theory

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Answer Introduction The second topic that is discussed in the current study indicates towards implementation as well as relevance of social contract with regard to the Legitimacy Theory in the area of accounting. It can be hereby witnessed that legitimacy theory in the area of accounting is important in augmenting the financial framework of a corporation and thus, involving and executing social contract along with the theory of legitimacy can b...

Read More arrow Tags: Australia Strathfield Management object modelling University of New South Wales Masters in Business Administration 

ACT301 Accounting Theory And Contemporary Issues

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Answer: Introduction  The study deals with the health care company named as Ramsay Health Care Limited. The assignment has been conducted for analyzing the remuneration report of Ramsay Health Care Limited (Ramsayhealth.com.au 2017). The current segment elucidates the concept of conceptual framework and its importance that is used by companies. The health care company has its listings in Australian Stock Exchange. The current study takes i...

Read More arrow Tags: Australia Lakemba Management object modelling University of Melbourne Masters in Business Administration 

BUSN7005 Contemporary Issues In Accounting

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Answers: Introduction Background Information  The thought of the social contract is produced in the late seventeenth Century and originates before the European Enlightenment. English rationalist Thomas Hobbes (1588–1679) was the main individual that point by point record of social contract hypothesis in a progression of works and out of these, the best known of that is 'The Leviathan' (1651). Genuine and reasonable view (TFV) is a...

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ACC620 Contemporary Accounting Issues

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Answer: In today’s business world, wide use of Fair Value Accounting can be seen by the companies in order to provide the investors and other users of the financial reports with the correct value of the assets and liabilities. Under the fair value measurement process, the obligation on the business entities is to capture the changes in the values in the assets and liabilities over time. The following discussion involves in analyzing the ...

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ACT301 Accounting Theory And Contemporary Issues

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Answer: Literature Review In the recent years, the wide use of Fair Value accounting can be over the use of historical accounting all over the years as the accountants can get some major benefits while using fair value measurement. At the same time, there are many instances where companies face difficulties in the implementation and use of fair value measurement methods. The following discussion sheds light on the issues of fair value measure...

Read More arrow Tags: Australia Melbourne Management object modelling University of Melbourne 

ACC 301 Accounting Theory And Contemporary Issues

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Answer: Background  Role The primary purpose of a conceptual framework is to the international accounting standards board (IASB) in the development of the forthcoming international financial reporting standards (IFRSs) and to review the existing one of IFRSs (Trombetta, Wagenhofer and Wysocki, 2012). It also helps in preparing financial statements and also developing new accounting policies and not looking in the current comments. The c...

Read More arrow Tags: Australia Melbourne Management object modelling University of Melbourne 

HI6025 Accounting Theory And Current Issues1

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Answer: Introduction For the purpose of this study, two peer reviewed articles have been considered namely “Half a defense of Positive Accounting Research” written by Paul V Dunmore and “Positive Accounting Theory and Science” written by M. Humayun Kabir. The organization that has been selected for the purpose of completing the study is Qantas Airlines. The company is registered in Australia and listed in the Australia...

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Accounting Education Research Prize Winning

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Question: Discuss About The Accounting Education Research Prize Winning.   Answer: Introduction Based on the provided professional scenario, it could be observed that Johnny is acting as the in-charge on audit engagement for the ABC Company. The “Public Company Accounting Oversight Board (PCAOB)” would visit the organisation for inspection purpose. In addition, another purpose of such visit would be to investigate the ...

Read More arrow Tags: Australia Melbourne Economics object modelling University of Melbourne Management 

Importance Of AI In Accounting Field

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Question: What is AI? How has technology changed the work of accountants in recent decades? Discuss Opportunities from the use of AI and Threats from the use of AI.     Answer: Introduction: Since the introduction of computers, developments have been going to enhance the performance of the machines. Recent researches have successfully achieved their target with the help of Artificial Intelligence (AI) (Gasser 2014). It is acknow...

Read More arrow Tags: Australia Edwardstown Economics object modelling University of New South Wales Management 

System Azure Healthcare Limited Is Analysed

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Question: Discuss About The System Azure Healthcare Limited Is Analysed?   Answer: Introduction Accounting policies are rules, principles, and procedures which are selected and followed by management of a company while preparing and presenting financial statements. It deals with depreciation methods, inventory pricing, and goodwill, consolidation of accounts, research and development costs. Azure healthcare limited is a global cl...

Read More arrow Tags: Australia Strathfield Management object modelling University of New South Wales 

Fundamental Concepts Of IFRS

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Question: Discuss about the Fundamental Concepts of IFRS.     Answer: Introduction: In the year 2004, July, AASB enacted Australian equivalents to International Accounting standards board. Subsequently, this act was by a financial reporting council strategic direction (Bauer, O'Brien & Saeed, 2014). In relation, the concept of Australian equivalents to IASB standards achieve what is considered as the FRC’s directive po...

Read More arrow Tags: Australia Myers Flat Management object modelling University of New South Wales 

Ethical Revival Of Prudence System

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Question: Discuss about the Ethical Revival of Prudence System.     Answer: Introduction Qantas Airways owns Jetstar is considered as one of the discount priced airline operator in Australia. JetStar carries more than 8.5% passenger from Australia itself. It has been further seen to operate as per the home and the international network from Melbourne Airport. The primary fleet of the airline operator has been seen to be acknowle...

Read More arrow Tags: Australia Melbourne Management object modelling University of New South Wales 

Positive Accounting Research – Cause And Effect

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Question: Discuss about the Positive Accounting Research.     Answer: Introduction The topic of the review is Positive Accounting Research – Cause and Effect Relationship. The review has been conducted of the article - Half a defense of Positive Accounting Research written by Paul V Dunmore.   As the topic of the article defines the meaning as positive accounting research program can be viewed as half the scientific p...

Read More arrow Tags: Australia Craigieburn Management object modelling University of New South Wales Masters in Business Administration 

Society And Environment Consideration Functioning And Operations

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Question: How to society and environment consideration functioning and operations?   Answer: Introduction Legitimacy theory is focused on the society and environment consideration while functioning and operations. It is comprised of a social contract where society and organizations are bound by an intangible agreement (Omran and Ramdhony, 2015). Organizations employ various natural and community resources which are not entitled to...

Read More arrow Tags: Australia City Of Sydney Management object modelling University of New South Wales 

True And Fair View And Its Representation As A Social Contract

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Question: True and Fair View and Its Representation How Do As A Social Contract?   Answer: Introduction The disputes that are in respect to social contract have been the core to the convention of the changes and the social modifications. There have been several efforts to dissolute on the perceptions of social accountability in the literature review. The paper undertakes an explanation with the component of the implication of the ...

Read More arrow Tags: Australia Sydney Management object modelling University of Sydney 
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