Reference no: EM132922950

QUESTION 1:

Where could you find information that provides details and instructions on financial compliance relevant to international business activity? Conduct extra, independent research and include eCommerce in your research.

QUESTION 2:

What impact does corporations law have on individuals who are preparing general purpose financial report users?

QUESTION 3:

You must ensure that statements and claims take full advantage of available benefits and allowances, in accordance with statutory requirements. What are some of these allowances, how would you claim them and why is it important to do so?

QUESTION 4:

It is necessary to submit statutory requirement reports, relevant to international trade, to the appropriate authorities in Australia. What reports must be submitted and to what authorities should they be submitted in Australia?

QUESTION 5:

What are the possible consequences if reports are not submitted according to the stated deadlines with the ATO (Australian Taxation Office), ASIC (Australian Securities and Investments Commission) and the AASB (Australian Accounting Standards Board)?