Summarise the principles of accounting and financial systems

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Reference no: EM132924613

QUESTION 1:

Explain how you will identify the organisational procedures and requirements relating to compliance issues and financial reporting relevant to international trade, and the legislation and regulations on which organisational procedures and requirements will be based as per the Australian Government regulatory authorities.

QUESTION 2:

Briefly summarise the principles of accounting and financial systems based on the Australian standards.

QUESTION 3:

What information would you access in order to describe the range of products or services being marketed and traded internationally by a brick and mortar organisation and an eCommerce store? Why, would you need this information when reporting on finances related to international business?

QUESTION 4:

Briefly outline the key provisions of legislation, regulations, codes of practice and national standards affecting Australian and international business operations and explain what is involved in reporting breaches of statutory requirements for both.

QUESTION 5:

List a minimum of 10 sources of information in Australia that you could access to help you facilitate compliance with relevant international finance regulations.

Reference no: EM132924613

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