Impact on the disclosure policies of an organisation

Assignment Help Financial Accounting
Reference no: EM13172031

Case Study Question

Read headline "Health rates as top social issue". Would you expect management to worry about attitudinal surveys, such as the one described in Headline below. Explain you answer, as well explaining how such surveys might impact on the disclosure policies of an organisation.

CANBERRA: Health has taken over from crime as the most important social issue seen to be facing Australia, figures showed yesterday.

The survey of people's views of environmental issues found the environment rated fifth in importance-----even though three in four

Australians had at least one environment concern.

The Australian Bureau of Statistics (ABS) figures showed 29% of respondents believed health was the most important social issue.

This was followed by crime (24%) education and unemployment (both 16%) and environmental problems (16 %).

In 1996, crime was seen as the most important social issue, followed by health, education, unemployment, the environment.

In the latest survey, dated March 1998, health was the most important issue to older people and least important to people aged 35-44.

In general, younger people were more concerned about long-term environmental problems although 19-24 year olds, as well as 45-54 year olds were most concerned about unemployment.

But the survey said 71% of Australians were concerned with at least one specific environmental problem.

The figure was up from 68% in 1996 but down from 75% in 1992.

People living in ACT were most concerned while Tasmanians were the least concerned about environmental problems.

Air pollution continued to be the problem of greatest worry for Australians, with 32% reporting it as their major concern.

Reference no: EM13172031

Questions Cloud

How many moles of divalent metal cations were in your sample : 28.80 mL of a 0.1726 mol/L EDTA solution is required to titrate a sample to the equivalence point. How many moles of divalent metal cations were in your sample
What is the partial pressure of the helium gas : a gas mixture with a total pressure of 745 mmHg contains each of the following gases at the indicated partial pressures: CO2, 265 mmHg; Ar, 121 mmHg; and )2, 168 mmHg. The mixture also contains helium gas. what is the partial pressure of the heliu..
Calculate the sample weight of liquid bleach : Calculate the sample weight of liquid bleach containing 5.0% by weight of NaOCl that would oxidize enough I- to consume 0.80 mL of 0.15 M sodium thiosulfate.
How many grams of metallic copper can be obtained : Metallic COpper is formed when aluminum reacts with copper(ii) sullfat. How many grams of metallic copper can be obtained when 54.0 G 0f Al react with 319 G of CuSO4?
Impact on the disclosure policies of an organisation : Impact on the disclosure policies of an organisation and Would you expect management to worry about attitudinal surveys,
Does p-v work on the surroundings equal : A gas expands and does P-V work on the surroundings equal to 285 J. At the same time, it absorbs 216 J of heat from the surroundings. What is the change in energy of the system?
How does the technique error affect the report percent : how does the technique error affect the report percent water in the hydrated salt? Explain lab 5 percent water in a hydrated salt.
How many moles of ions are of k2so4 : How many moles of ions are in 1.60 mol of K2SO4?
Importance of economic substance : Retail firms are at risk that their inventory will become obsolete. What can a firm do to minimize this risk? What types of firms are most at risk? Least at risk?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

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

Computation of Free Cash Flow

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