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In recent years directors and CEOs of companies have been placing more importance on holistic reporting of company activities rather than simply reporting what is required by the Accounting Standards, the Corporations Act and other legislation.
The Global Reporting Initiative is an international not-for-profit organisation that has pioneered and developed the world's most widely used voluntary Sustainability Reporting Framework. (https://www.asx.com.au/documents/public-consultations/global-reporting-initiative-and-sba-submission-15Nov13.pdf)
In 2013 the fourth iteration of the Sustainability Reporting Framework guidelines were released. These can be accessed via the link below.https://www.globalreporting.org/resourcelibrary/GRIG4-Part1-Reporting-Principles-and-Standard-Disclosures.pdf
Required Referring specifically to section 5.1 and 5.2 of the above report, analyse how applying these voluntary guidelines might alter the information presented in the Flight Centre 2013 Annual report. Apply section 5.1 and 5.2 to triple bottom line reporting and balance score card under sustainability report.
orange corporation purchased bonds basis of 350000 of its wholly owned subsidiary green corporation at a discount. upon
The equipment will have an initial cost of $400,000 and have a 5 year life. If the salvage value of the equipment is estimated to be $75,000, what is the payback period? Ignore income taxes.
princess cruise lines has the following service departments concierge valet and maintenance. expenses for these
what is materiality?how does risk of material misstatements affect the nature timing and extent of audit
Explain the significance of this transaction to an analyst. Explain the consequences of poor quality reporting. What has the U.S. government done to improve the quality of reporting after recent financial scandals, such as Enron?
Howarth Manufacturing Company purchased a lathe on June 30, 2007, at a cost of $80,000. Prepare the journal entry to record the sale.
The firm estimates it can sell new shares of stock for $32.50 a share. it also estimates it will cost an additional $340,000 for filing and legal fees related to the stock issue. The underwriters have agreed to a 7.5 percent spread.
At the last minute, Jenna considers investing in Coca-Cola stock at a price of $55.55 per share instead. The stock just paid an annual dividend of $1.76 and she expects the dividend to grow at 4% annually. If the next dividend is due in one ye..
l. a. and paula file as married taxpayers. in august of this year they received a 5200 refund of state income taxes
What are the implications for a company's receivable management of selling its products internationally?
By automating the process, the company would save $108,000 per year in cash operating costs. The simple rate of return on the investment is closest to:
muncy inc. is looking to add a new machine at a cost of 4133250. the company expects this equipment will lead to cash
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