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In recent years directors and CEOs of companies have been placing more importance on holistic reporting of company activities rather than simply reporting what is required by the Accounting Standards, the Corporations Act and other legislation.
The Global Reporting Initiative is an international not-for-profit organisation that has pioneered and developed the world's most widely used voluntary Sustainability Reporting Framework. (https://www.asx.com.au/documents/public-consultations/global-reporting-initiative-and-sba-submission-15Nov13.pdf)
In 2013 the fourth iteration of the Sustainability Reporting Framework guidelines were released. These can be accessed via the link below.https://www.globalreporting.org/resourcelibrary/GRIG4-Part1-Reporting-Principles-and-Standard-Disclosures.pdf
Required Referring specifically to section 5.1 and 5.2 of the above report, analyse how applying these voluntary guidelines might alter the information presented in the Flight Centre 2013 Annual report. Apply section 5.1 and 5.2 to triple bottom line reporting and balance score card under sustainability report.
a. Calculate the issue price of the bonds. b. Without prejudice to your solution in part a, assume that the issue price was $884,000. Prepare the amortization table for 2008, assuming that amortization is recorded on interest payment dates.
Quiltworks company reported actual sales of $2,000,000, and fixed costs of $450,000. The contribution margin ratio is 30%.
Landry's Restaurants reported cost of goods sold of $322 million and accounts payable of $83 million for 2003. In2002, cost of goods sold was $258 million and accounts payable was $72 million. What was Landry's accounts payable turn over ratio in ..
What are the company's total assets at the end of its most recent annual reporting period? Why is this important?
started business on jan.1st. list below are some events that occurred its first year operation.1. equipment worth
The county then will make yearly lease payments (of principal and interest) to repay the obligation. Unlike conventional municipal bonds, the lease payments are not binding obligations on the county and, therefore, require no voter approval.
There was no units in process at the beginning or at the end of the month , and 20,000 units were completed. Determine the unit cost for the month for materials, labor, and factory overhead.
ABC Hardware store is open for business 350 days a year. Annual demand for a power cutter at this store is 700 units. Replenishment cost is $15 per order and annual inventory holding cost is 10% of the inventory value.
For which of the segments would information have to be disclosed in accordance with professional pronouncements? A. Segments A, B, C, and D b. Segments A, B, and C c. Segments A and B d. Segments A and D 57. In January 2011, Post, Inc.
would an increase in variable costs cause a company's break-even point to increase or decrease? why?
The revenues of profit-seeking organizations are based on user charges. Users may be charged for various services provided by G&NP organizations as well.
If the standards are set in a process that often results in compromise between different parties, do the qualities of accounting information provide much value? How?
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