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Question
On 5 July, Blue Pty Ltd, a major customer of Tom Ltd, was placed into liquidation. As Blue Pty Ltd had confirmed the balance due to Tom Ltd as at balance date, management of Tom Ltd has refused to write off or provide for the Blue Pty Ltd account in the 30 June 2020 financial report. However, they are prepared to disclose this information as a note to the financial report. What type of auditor's report should you issue? Explain the reason for your answer.
Financial Statement Analysis and Preparation
Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?
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 and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
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
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Explain the IASB Conceptual Framework's perspective of users and their decisions.
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
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