Explain given statements

Assignment Help Accounting Basics
Reference no: EM13914314 , Length: 2000 Words

Question 1

Explain what the following statement by handel [1982,p 36] means and provide an argument to either support or  oppose the contention

Things may be exist independently of our accounts, but they have no human existence until they became accountable. things may not exist  , but they may take on human significance by becoming accountable..............accounts define reality and at the same time they are that reality.................the processes by which accounts are offered and accepted are the fundamental social process.

Question 2

A newspaper article entitled 'hannes  "knew of TNT valuation" '  [Australian, 18 june 1999 p 24] reported a case involving a person who was before the courts on a change of insider trading.  in part, the articles stated :

Macquarie bank executive director simon hannes learnt of the value the bank had placed on TNT shares three months before  the transport giant was subject to a takeover bid by dutch company KPN, jury heard  yesterday

The crown has alleged that mister hannes , using the allias mark both ,used that confidential information

To make dollar 2 million profit trading in TNT options at the time o October 1996 takeover offer. Macquarie was advising TNT on the bid and downing centre districr court jury has previously heard

Mrs hannes claim to have had only a general knowledge of possible transaction involving TNT. Mrs hannes , 39, has pleaded not guilty to one charge of insider trading and two of structuring bank withdrawals to avoid reporting requirements.

 

A       which of the theoretical prospective of regulation reviewed on this might best explain the existence of loss that prohibit insider trading?

B        how would advocates of a "free-market" approach justify the removal of legislation pertaining the insider trading?

Hints

Search in google these 1 and 2 point

1        handel [1982,p 36]                               for question no   1

2          [Australian, 18 june 1999 p 24]             for question no 2

Requirements

1000 words each question  1 and 2  [    in total you have to write  2000 words  with all references ]

Reference no: EM13914314

Questions Cloud

Create an excel spreadsheet for a production plant : Create an Excel spreadsheet for a production plant, Use a 40% tax rate, a 10% cost of capital, and a 12% reinvestment rate. Assume the company will use cash flow to finance the project.
What are the arguments for using a neighborhood analysis : What are the arguments for using a neighborhood analysis approach for AML-ALL class predication? Indicate if you agree or disagree with their approach.
Digital filtering : Write a main code that reads filter coefficient data from the file filter.txt and creates a filter, reads an input float_seq from the file input.txt, filters the input float_seq using the filterand then writes the output float_seq to the file, output..
New belgium social initiatives indicative : Are New Belgium’s social initiatives indicative of strategic philanthropy? Why or why not? you will find this question in case study also. u can also read whole case study  from there.
Explain given statements : Explain what the following statement by handel [1982,p 36] means and provide an argument to either support or  oppose the contention
Prepare a daily level schedule for xyz : a) Prepare a daily level schedule for XYZ, assuming a container size of 50 for each product. Calculate the number of kanban cards required for each product, assuming a 2 hour lead time and a 15% safety stock. What is the total number of kanban cards ..
Prepare all necessary consolidation entries : Prepare all necessary consolidation entries for a January 2, 2013 balance sheet.
Factory insurance : Jasper Corporation incurred the following costs which includes salaries and wages in April: Salesperson's salaries $32,000 Factory maintenance $25,000 Factory insurance 10,000 Administrative utilities 4,000
Correct under normal business operating conditions : More than one answer may be correct under limited business operating conditions. You are to select only one answer. The one that is most correct under normal business operating conditions.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Stephen the truth colbert works as a television talk show

stephen the truth colbert works as a television talk show host. in 2010 stephen generated substantial income from his

  Morris corporation is publicy owned and its shares are

morris corporation is publicy owned and its shares are traded on a national stock exchange. morris has 16000 shares of

  Prepare the manufacturing overhead budget for the year

1. blue lagoon corporation is projecting a cash balance of 31155 in its december 31 2011 balance sheet. blue lagoons

  Comment on this production managers assessment of his

the manager of a large semiconductor production departmentexpressed his disdain for the cost information he was

  Effects on the accounts and financial statements

Illustrate the effects on the accounts and financial statements of the January 29 and May 31 transactions and what is the total amount invested by all stockholders as of May 31?

  Advantages and disadvantages of banks offering

What are the advantages and disadvantages of each bank's offering? Which bank and cash management service would you choose? Why? How can using a bank's cash management service reduce opportunity cost for a health care organization?

  Alpine west inc operates a downhill ski area near lake

alpine west inc. operates a downhill ski area near lake tahoe california. an all-day adult ticket can be purchased for

  Necessary entries in the books of oshim company

Show the necessary entries in the books of Oshim Company Limited.

  For three days now ive been trying to get my t-accounts

for three days now ive been trying to get my t-accounts andtrial balance to equal to each other but it seems like no

  Appropriate journal entry to record compensation

Prepare the appropriate journal entry to record compensation expense on December 31, 2011. Prepare the appropriate journal entry to record the lifting of restrictions on December 31,2011

  Compute trintos current ratio

Compute Trinton's current ratio, debt ration and earnings per share.

  Minne corp is considering the purchase of a new piece of

minne corp is considering the purchase of a new piece of equipment. when discounted at a hurdle rate of 15 the project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd