views on the role of accounting and the accountant on CSR and sustainability. Go to: * http://www.billabongbiz.com/phoenix.zhtml?c=154279&p=irol-community. * http://www.visy.com.au/?id=106 * http://www.westpac.com.au/about-westpac/sustainability-and-community/performance-reporting/stakeholder-impact-reports/ b. Select one of the above companies. Discuss the way in which the organisation has demonstrated its social and environmental accountability. Good starting points
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you can transform your business into a large-scale business‚ you can provide customer service to greater amount of people from all over the world. Many companies have considered this and now are making profit from it for Example Telstra Australia‚ Westpac‚ BHP-Billiton. As to every positive thing there are negatives to it as well‚ there is a hindrance to accepting diversity‚ for example Stereotypes‚ a set of beliefs about a group that is applied universally to all members of that group‚ such as “all
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Mirage Electronics Pty Ltd estimates in the first year‚ the company would have a sale of $694‚925 and a net profit of $8‚115. As the business is newly established with no reputation in the market‚ not every clothing chain will be willing to spend a large amount of money on Reflections. Therefore‚ in the worst-case scenario‚ the business projected that only 5 clothing chains will purchase our product as a trial in Queensland stores. The price set previously in the marketing plan (3.2.3) states that
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Introduction: Audit emerges because society needed. Auditing has been a regular feature of organized human activity from the earliest times. Indeed evidence suggests that formal audit procedures existed in the economic activities of the most of the early civilization. With the advancement of development‚ audit emerges as a separate discipline & contributes to the economic & social advancement. Audits serve a vital economic purpose and play an important role in serving the public interest to strengthen
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The Strategic HRM Diagnostic Model (Stone‚ 2002:26) attempts to provide Human Resource Managers with an analytical framework designed to assist in the prediction and prevention of possible problems. The approach encourages HR managers to be pro-active‚ and to consider the nature of the internal and external environments before pursuing a particular course of action (Stone‚ 2002:25). The influences of the environments span all activities of Human Resource Management and this essay explores those
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Nature and Location: China is a country located in East Asia. It is the world’s most populous country‚ with a population of over 1.35 billion. China is the fourth largest country in the world behind Russia‚ Canada‚ and the United States. Australia is a continent and a country in the Southern Hemisphere‚ lying to the south of Southeast Asia‚ which divides the Indian and South Pacific Oceans. The population of Australia is 23 million. In 2009 China surpassed Japan to become Australia’s
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criminal charges including a $13 million fraud and insolvent trading‚ following an ASIC investigation. The trio were charged with 18 counts of criminal insolvent trading of debts totalling more than $4 million and a $13 million fraud committed on Westpac Bank (ASIC 2012). Gary Armstrong and Andrew Eric Young was also charged with further fraud‚ accused of withdrawing $330‚000 from the company’s bank accounts two days before it went into voluntary administration (ASIC 2012). The focus of ASIC’s investigation
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The case here is referred to as whether the business carries on by Kem Weichoreak Kang-Kem‚ plaintiff‚ and Marilyn Jean Paine‚ defendant‚ was carried on in common and whether the partnership exists. Judge Barrett J compared the evidence coming out of this case to s.1(1) of the Partnership Act 1892 that defines partnership as the relation which exists between persons carrying on a business in common with a view of profit and also compares to s.2 of the Act that determines the rules for the existence
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public (ie. its customers) in order to "soften the blow" of the political costs which are often imposed on banks. b) Because the majority of the voting public are also customers of one of the big four banks in Australia (Commonwealth‚ NAB‚ ANZ & Westpac)‚ external political costs are often imposed on the banking industry. Because banks make such large profits‚ they are seen as "villains" by the public - providing a big target for politicians to aim at. PAT predicts that governments will act in a
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Competition in the Australian Banking Industry (2006-2012) Table of Contents Title Page ---------------------------------------------------------------------- 1 Table of Contents -------------------------------------------------------------2 Executive Summary ----------------------------------------------------------4 1. Introduction-----------------------------------------------------------------5 1.1 Australian Banking Industry 1.1.1 Major Banks / Four
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