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Advanced Managerial Accounting
Article: In Australia there are more insolvencies in the construction sector than any other, and consumers are paying the price.
Question 1. One of the key points raised in the article relates to the increasing costs and shortages of workers in the construction industry leading to an increase in insolvencies for businesses in this industry. What other reasons for insolvency can you identify from the article? Describe and apply 3 relevant theories in accounting to discuss your observations and how they relate to what you have identified.
Question 2. Outline the major stakeholders who would be concerned with the continuous collapse of construction companies. Provide an explanation on each stakeholder identified and explain why you would consider these to be major stakeholders using examples that are in the context of the article.
Question 3. Explain by way of personal reflection what you found to be the aspect of your research into the theories and other related issues in the article that had the biggest impact on your learning, something that you realised or now feel that you understand more clearly. Note: This section is not about providing recommendations.
Attachment:- Advanced Managerial Accounting.rar
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