disclosures in annual report. As (Dowling&Pfeffer‚ 1975) says a corporation must act in congruence with norms and society value. First of all‚ Legitimacy theory is based on the concept of substantive rationality and replies upon the notion of a social contract. This theory asserts that organizations seek to ensure that they operate within the bounds and norms of their respective societies (Ramon Mullerat‚ 2010) .It aims to conform to norms and value of society. As a company‚ it always use annual report
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Conduct analysis of financial statement – to look beyond the numbers Experience formal report writing. REQUIRED: Written report (a soft copy on blackboard via turnitin and printed copy to tutors is compulsory) 1. Obtain the most recent annual report for two companies in any of the industries on the Australian Stock Market (for example‚ mining‚ retail‚ manufacturing‚ construction‚ service‚ transport). The reports should contain at least three years of income statement data and two years
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Jean David Nicholas Poussin 712 SFI Strategic Financial Issues Table of Contents EXECUTIVE SUMMARY .................................................................................................................... 2 1.0 INTRODUCTION TO TELSTRA.................................................................................................... 3 2.0 RATIOS ANALYSIS ....................................................................................................................... 4 3
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Blackmores Limited (Blackmores). The analysis is to be based primarily on 2012 Annual Report of the corporation and any other information you deem relevant e.g. newspaper and journal articles etc. This will require you to search for articles on Blackmores. Background We will discuss and complete exercises using Blackmores’ annual report in seminars during weeks 4 -7 of the semester. Please ensure you bring a copy of the annual report (soft or hard copies) to these seminars. Blackmores Limited is
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Project Section 1 This project‚ I chose Woolworths Limited Annual Report 2012 to answer the following questions: To whom is this report disseminated and how is this done? “The financial report provides people who are interested in a company – such as shareholders‚ lenders‚ analysts and employees – with information about the financial performance and financial position of the company”( A guide to understanding annual reports 2012). It is one means by which directors of the company advise shareholders
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stores worldwide. H&M offers a broad and varied selection for women‚ men‚ teens and children from clothes to accessories‚ cosmetics and jewellery and launched‚ this year‚ H&M Home‚ which offers fashion for the home via Internet and catalogue (H&M Annual report 2008‚ part I). H&M mainly offers its products through its existing stores‚ but started in 1999 to sell via catalogue and over the internet in few markets‚ such as: Sweden‚ Norway‚ Denmark‚ Finland‚ The Netherlands‚ Germany‚ Austria and will
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University of New South Wales School of Accounting Auditing and Assurance Services 2013 LECTURE 1 Introduction to the Audit Function Assurance Framework Australian Corporate Audits Auditing Standards Lecture Overview • Announcements • Overview course requirements • Introduction to the course – Assurance – Auditing – Legal requirements – Auditing standards Announcements • 1. Tutorial Allocation – Once classes are full no more will be admitted – No new classes will be scheduled
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Auditing and Assurance – Assignment 1 Ashley Erasmus With reference to Caltex Australia 2012 Annual Report discuss the following: The role and responsibilities of Auditors and Company Board of Directors and the CEO and Senior Management with respect to the Accounting information reported on in the Annual report. The roles and responsibilities of a Board of Directors vary according to the nature of the company. They are usually responsible for determining the strategic direction of the business
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chapter 1 accounting information systems: An overview Suggested Answers to Discussion Questions 1.1 The value of information is the difference between the benefits realized from using that information and the costs of producing it. Would you‚ or any organization‚ ever produce information if its expected costs exceeded its benefits? If so‚ provide some examples. If not‚ why not? Most organizations produce information only if its value exceeds its cost. However‚ there are two situations
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Ho great idea for positive change was the release of Temasek annual reports. As stated in the case “under Ho’s leadership Temasek has decided to publicly disclose its annual report with details of its performance.” This is a positive change which would make Ho’s a leader. But honestly this isn’t very important. The annual report is less important because‚ in the USA under Generally Accepted Accounting Principles (GAAP) every company annual reports are publicly displayed via the internet. So I would
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