Explain the actions of dick smiths management

Reference no: EM131183134 , Length: word count:1500

ACC5216 Accounting Theory Assignment

Read the articles on study desk - Dick Smith: Why the retailer collapsed, according to McGrathNicol

https://www.news.com.au/finance/business/retail/mcgrathnicol-releases-dick-smith-report/news-story/c2897a8cf8023b3f7490b7f16c2781c2

Instructions-

This assignment is a research based essay where you are required to relate a practical example to accounting theory. You have been given one newspaper report but there are many other sources you can use.

The essay should include an abstract, introduction, body, conclusion and bibliography. Maximum word count 1400 words not including the abstract or bibliography. You should incorporate at least 10 academic references. (Please make sure that you know what an academic reference is).

The relationship between accounting research and professional practice has been discussed in the literature (Parker, Guthrie & Linacre 2011).

Using the article provided discuss and critically evaluate the following:

What are the accounting issues which led to the collapse of Dick Smith?
Who are the stakeholders who have been effected by the collapse? Describe each stakeholder, their concerns and how they are likely to be effected.
Detail what you believe motivated the management of Dick Smith to manage the company in the way they did. What accounting issues do you believe contributed to the collapse?
What accounting theories might explain the actions of Dick Smiths management? Make sure you relate this to the company and its stakeholders.
Compare and contrast the different theories and identify which of these theories is most important and explain reasons why you think your chosen theory is the most important.
Relate your answers to the link between theory and practice.

You should consider all accounting theories that you believe are relevant.

References - Parker, L, Guthrie, J & Linacre, S 2011, 'The relationship between academic accounting research and professional practice', Accounting, Auditing & Accountability Journal, vol. 24, no. 1, pp. 5-14.

Words:- 1500

10 Harvard References,

Attachment:- Assignment.pdf

Reference no: EM131183134

Questions Cloud

Research the health effects of exposure to tce : Research the health effects of exposure to TCE. Based on your research, is the ban on this substance justified? Why or why not?

Chemical equation for addition reactions to produce : Write a chemical equation for addition reactions to produce 3-hydroxy-3-methyl hexane. Condensed structural formulas should be used for each organic compound.

Understanding of chemistry to propose an explanation : Use your understanding of chemistry to propose an explanation for the anomaly in the trend for the hydrogen compounds of group 6A elements shown in the table below?

Summarize difference between shareholders and stakeholders : Evaluate the challenges and opportunities of managing diverse virtual teams and managing diverse traditional teams. Provide two positive attributes and two negative attributes for each team design (virtual and traditional).

Explain the actions of dick smiths management : What accounting theories might explain the actions of Dick Smiths management? Make sure you relate this to the company and its stakeholders

Draw the structure that phenylmagnesium bromide : Draw the structure that phenylmagnesium bromide exists in when dissolved in (i) ether, and (ii) tetrahydrofuran.

Calculate the amount of heat required : Calculate the amount of heat required to completely sublime 72.0gof solid dry ice(CO2)at its sublimation temperature. The heat of sublimation for carbon dioxide is 32.3kJ/mol.

Distributed instead of centralized computer environment : Why is it that an organization whould choose to install a distributed instead of centralized computer environment?

Dna sequence of own choice : If the DNA sequence is TACAAAGGCGGGTGA, predict RNA and then polypeptide sequence. You may also add examples by using DNA sequence of your own choice.

User Account

All Pages