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Assume that a goverment regulator makes a decision that all companies with a head office in Australia must separately disclose, within their annual financial report, the amount of expense incurred in relation to the training of employees. The companies must also spend at least 5 per cent of their reported profits on training employees. You are required to
Question a) Explain the decision made by the regulator in terms of public interest theory
Question b) Explain the decision made by the regulator in terms of the economic interest group theory of regulation
Financial Statement Analysis and Preparation
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T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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