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Question: Assume that you have been contracted by the Australian Accounting Standards Board to develop a proposal regarding whether to issue an accounting standard on accounting for the costs of environmental damage. Draft a proposal or less outlining why you think it is appropriate, or inappropriate, to develop an accounting standard on this issue. Also outline the key issues that would need to be covered by the standard and how the conceptual framework can contribute to resolution of those issues.
Requirements:
Students are required to answer questions in an essay format (introduction, body, conclusion and references).
You are allowed to submit your report many times unit the due date. You don't need to delete previous report; you just need to resubmit it and the previous one will be replaced by the new one.
Textbook - Accounting Theory 7th Edition by Iayne Godfrey, Allan Hodgson, Ann Tarca, Jane Hamilton and Scoot Holmes.
Word/Page Count: 1250
Formatting & Referencing: Harvard.
Verified Expert
This assignment deals with the AASB accounting standard for cost of environmental damage. the standard provides for the reporting requirements for measuring the cost that is incurred while managing damaging that are caused by activities of the business.
Word/Page Count: 1250 and Formatting & Referencing: Harvard. Students are required to answer questions in an essay format (introduction, body, conclusion and references) attached a cover with students’ information. Front size 12, 1.5 line space, must be typed in word and submit it in through Turin-it-in. Similarity rate must be lower than 20%, between 20%-40%, you will receive penalty on your report, higher than 40%, you will fail your report immediately.
You are allowed to submit your report many times unit the due date (5pm Friday week 5. You don’t need to delete previous report, you just need to resubmit it and the previous one will be replaced by the new one. If you submit your report after the due date, you will receive 10% penalty on each day late unit zero mark. No excuses including medical certificate will be accepted.
How to submit your report through Turin-it-in? Step one: Register your personal Turn-it-in account on Turn-it-in website which will require your personal email address and set up your own password. Step two: Log in your personal Turn-it-in account with your email and password. Step three: Find ACC307 by using the following information and submit your report.
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