User Account

All Pages

Find the events that led up to the liquidation

Assignment Help Financial Accounting
Reference no: EM132109082

Question

In recent years a number of companies have gone into liquidation (been ‘wound up') because they have not been able to meet their liabilities when they fell due. In Australia, there are some well-publicised examples such as ABC Learning, HIH Insurance andOne.Tel phone company

Required

Discuss all three companies above and find (via electronic journals) the events that led up to the liquidation. Visit the CPA website; discuss APES 110 Code of Ethics for Professional Accountants. Highlight 5 codes of ethics. Visit the ASX website and discuss the Listing Rules ( 8principles) governing listed companies in terms of corporate governance. Were liabilities a major factor contributing to the liquidation of individual companies?

Research Requirements

Students need to support their analysis with reference to relevant material from the text and a minimum of eight (8) suitable, reliable, current and academically acceptable sources - this should include at least 2 peer-reviewed academic journal articles.

Presentation

2000 + 10%-word short report format. Title page, executive summary, table of contents, appropriate headings and sub-headings, recommendations/findings/conclusions, in-text referencing and reference list (Harvard - Anglia style), attachments if relevant. Single spaced, font Times New Roman 12pt, Calibri 11pt or Arial 10pt.

Verified Expert

"The assignment involved a detailed discussion of APES 110, ethics and corporate governance responsibilities related to three Australian companies and their eventual collapse (ABC Learning, HIH Insurance and One.Tel phone company) and the auditors and the regulators failed to check the irregularities in their operations etc. The analysis involved answering our different questions and the paper is prepared in Microsoft word with Harvard referencing".

Reference no: EM132109082

Questions Cloud

How wide is the aperture : A point source of light illuminates an aperture 2.00 away. A 14.0 -wide bright patch of light appears on a screen 1.00 behind the aperture.
Draw a free body diagram of the object : Your physics textbook is sliding to the right across the table. Identify all forces acting on the object: Draw a free body diagram of the object.
How much of luxhealths income is subpart f income : How much of EuroHealth's income is Subpart F income? How much of BelHealth's income is Subpart F income?
Compute the cash payback period for the new hoist : Legend Service Center just purchased an automobile hoist for $34,100. Compute the cash payback period for the new hoist
Find the events that led up to the liquidation : Discuss all thre ecompanies above and find (via electronic journals) the events that led up to the liquidation. Visit the CPA website; discuss APES 110 Code
What body of law you are relying upon to reach conclusion : How much, if any, of this income is Subpart F income? Please explain why it is, or is not, Subpart F income?
Find the net force on the helicopter : Find the net force on the helicopter at t = 5.0s. Express your answer in terms of i^, j^, k^. Express your coefficient using two significant figures.
What are the tax consequences for netco : What are the tax consequences for NetCo when it contributes these assets to ArgCo in exchange for ArgCo stock?
What is pluto speed at the most distant point : Pluto moves in a fairly elliptical orbit around the sun. Pluto's speed at its closest approach of 4.43 *10^9 km is 6.12 km/s. What is Pluto's speed.

Reviews

inf2109082

11/15/2018 2:10:37 AM

The calculations should be shown in excel. No plagiarism. Attached is the correct assignment. 29595794_1Quiz 1a.docx I had sent the wrong attachment and then you guys had pointed out and let me know that. This was the right attachment. I need it by tomorrow. 29595768_1 29595794 1 Quiz 1a-2.docx Excellent solution provided. The assignment is accurately written and I received A grade for the same assignment. Thank you Experts Mind.

len2109082

9/10/2018 2:51:33 AM

Marking Guide Analysis 30% Research extent and application 30% Recommendations/conclusions 20% Presentation 20% Total mark will be scaled to a mark out of 30 subject marks. Individual Assignment Due Week 9,

Write a Review

Financial Accounting Questions & Answers

  Prepare notes that itemize the balance sheet control account

Prepare notes that itemize the balance sheet control accounts and those necessary to disclose any company accounting policies, contingent liabilities and subsequent events.

  Calculate net present value based on a given set of facts

Calculate net present value based on a given set of facts - Calculate internal rate of return based on a given set of facts

  Determine dollar sales volume required to earn monthly

The STC Supply manufactures memory cards that sell to wholesalers for $4.00 each. Variable and fixed costs are as follows: Variable Costs per card: Fixed Costs per Month: Manufacturing Direct materials $0.60 Direct labor 0.50 Factory overhead 0.50 $1..

  What are the variable expenses per unit

Lindon Company is the exclusive distributor for an automotive product that sells for $37.00 per unit and has a CM ratio of 33%. The company’s fixed expenses are $354,090 per year. The company plans to sell 30,000 units this year. What are the variabl..

  Compute basic and diluted eps for the year ended

On January 1, 2013, Tonge Industries had outstanding 620,000 common shares (par $1) that originally sold for $20 per share, and 7,000 shares of 10% cumulative preferred stock (par $100), convertible into 70,000 common shares. Compute basic and dilute..

  Can walmart enforce the check

Dusty's elderly mother asks him to go to Walmart to purchase only those groceries on her list, but tells Dusty to buy nothing else. She writes a check payable to Walmart, includes the date, and signs the check. Can Walmart enforce the check ? Does Du..

  Describe your forecast process according to the steps

Consider you need to conduct a business forecast. Describe your forecast process according to the steps listed in the attached file

  Established a warranty liability

Dec. 10 established a warranty liability for the XY-80, a new product. Sales are expected to total 1,000 units during a month. Past experience with similar products indicates that 3% of the units will require repair, with warranty costs averaging $27..

  Computer equipment-prepare the potential journal entries

Jane asked the IT department to give her a price list for the new computer equipment. Additional IT personnel to support the increased workload created by the HR department- $200,000 annually. This amount includes fringe benefits and taxes. Prepare t..

  What is his standard deduction

Charlie is claimed as a dependent on his patents' 2015 tax return. He received $750 during the year in dividends, which was his only income. What is his standard deduction?

  Prepare a retained earnings statement for the year

The following amounts were taken from the accounting records of Bontancia Services, Inc., as of August 31, 2011. Bontancia Services began its operations on September 1, 2010.

  Prepare an income statement through gross profitat the end

prepare an income statement through gross profit.at the end of truly department stores fiscal year on december 31 2007

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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