What is woolworths accounting policy for employee benefits

Assignment Help Accounting Basics
Reference no: EM132536890

Question - To answer QUESTION you will need to access a copy of the Woolworths 2019 Group Annual Report.

(a) What is Woolworths accounting policy for Employee Benefits? How does Woolworths accounting policy for Employee Benefits compare to what is required by AASB 119 for employee benefits?

(a) What assumptions does Woolworths make in estimating the value of employee benefits?

(c) What were the types of Employee benefits expense from continuing operations disclosed by Woolworths in their 2019 annual report? and How much did Woolworths expense in the year ended 2019 for Employee benefits expense from continuing operations?

(d) How does Woolworths calculate the net defined benefit obligation that is recognised in Woolworths Consolidated Statement of Financial Position?   How does this compare to the requirements of AASB 2?

Reference no: EM132536890

Questions Cloud

What cultural assumptions can be developed : To fully engage the realities around human capital and return on investment, some cultural assumptions must be made that ensures the prohibition of silo.
Discussion and managerial advises : Write a research report. When you work on your report, you need to use the dataset, and other sources such as journal articles
Describe the pathogenicity for organism : What would your diagnosis in this case be and what is the causative agent?
How might consulting fees affect auditor independence : How might consulting fees affect auditor independence? What other conflicts of interest might exist for auditors? How do conflicts impact the governance process
What is woolworths accounting policy for employee benefits : What is Woolworths accounting policy for Employee Benefits? How does Woolworths accounting policy for Employee Benefits compare to what is required by AASB 119
Calculate the material price and usage variances : Calculate the Material price and usage variances and prepare a statement reconciling the actual with the budgeted profit or loss figure
Describe a hiring process you have gone through : Each of us has likely been hired for a variety of jobs in our lives. Describe a hiring process you have gone through, focusing on the selection devices.
Question - Capital Investment Analysis : Question - Capital Investment Analysis. Calculate the annual after tax cash flows and annual after tax profit. Calculate the payback period
How much cash was generate from sales during 2010 : Show examples what effects the transactions would have on cash and how would be shows in a cash flow statement, how much cash generate from sales during 2010.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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