Lecture 1 – Corporate Financial Reporting and Revision LECTURE OUTLINE Outline the nature and characteristics of companies Describe the sources of corporate financial reporting in Australia Identify which entities need to prepare financial reports that comply with accounting standards Account for share issues and dividends Account for asset revaluations and asset impairment Nature of Companies Type of organization established under the cooperation’s act 2001 Legal capacity and powers
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back bone behind keeping quality assurance on all auditors work. It sets clear standards that auditors must follow to ensure quality audits are performed‚ starting at engagement level. * Professional Standards: PS-1 quality control sets basic requirements and guidance for auditors regarding a system of quality control. * Firm regulation: it is the responsibility of each public firm to implement procedures so that accountants abide by the professional standards. Quality of auditing services
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Informative Speech Requirements Objective: To construct a well-written informative presentation following the criteria below and effectively presenting to an audience. I have provided you with the informative outline template that I expect you to use for this speech. I will also provide you with sample informative speeches in class so that you can see what one looks like. Topic selection 1. In this presentation you will be providing your audience with information about a topic. You should choose
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A major event in my life that marked a transition from childhood to becoming an adult is when I got my driver’s license. Getting your driver’s license is the first taste of true freedom that most 16 year olds get to experience. However‚ with great privileges comes responsibility and the ability to take on that responsibility. When I went to take my driving test‚ I was extremely nervous and a bit scared. I wasn’t nervous or scared of the actual test‚ but the pressure that I put on myself to succeed
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Case 1: Strong Tie Ltd. Background Located in Winnipeg‚ Minnesota‚ Strong Tie Ltd. is a family–owned corporation that is still owned by the Johnstone family. Strong Tie Ltd. designs and makes custom structural connectors. These connectors are used to reinforce wood joints in the construction of houses‚ fences‚ and other edifices. Strong Tie Ltd. has been a major leader in this industry‚ however there is growing competition from low-wage countries such as China. They previously had a market share
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KETI Constructions (Ii) Ltd. T H E C O M P A N Y KETI Constructions (I) Ltd. KETI CONSTRUCTIONS (I) LTD. ’Vidya Deep’‚ 15/3‚ Manoramaganj‚ Indore -452001 (M.P.) Ph. (0731) 2496931/32/33/34 Fax: +91-0731-4096457
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talents‚ beliefs‚ and interests. Those developed attributes lead to decisions about higher education and career paths after educational minimums are satisfied. With a national standard in mind‚ for this set of facts to apply‚ academic minimum requirements would have to be increased. Additionally‚ the number of years
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CASE STUDY – THE UO SWIFT Ltd. UO Swift Ltd. was promoted for nineteen years back as a company manufacturing automobile parts with an investment of Rupees 5 crores by Ismail Oberai. He took over as its chief executive and is occupying the same position till date. Ismail is an automobile engineer himself possessed rich experience of working abroad and in Hindustan Motors Ltd. in India. He is dynamic and risk-taking. He always emphasized on maintaining high quality standards. Initially‚ the products
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relative to other countries. Factors needed to be considered in setting up a factory:- * Natural Routes * Site Requirement * Access to the market * Availability of raw materials * Skilled labour * Power Supply * Industrial Linkage or Strategic Importance * Government incentives One of the factors needed to be considered is the Site requirement. In developing country the land rents and values are cheaper so it’s an advantage to the company. The Land must be cheap
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Table of Contents Case Background 2 Key Findings 2 Recommendations 4 References 5 Case Background Established in 2004‚ BBC Pvt. Ltd. was an Indian chemical manufacturing company that primarily manufactures stable bleaching powder. It should be noted that stable bleaching powder could be manufactured through two different techniques: adsorption or absorption. By using adsorption‚ this means that BBC’s product was of an inferior quality compared
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