### Employee benefits through the lens of cultural effects

Assignment Help Cost Accounting
##### Reference no: EM13708972

Making sense of company executives compensations and employee benefits through the lens of cultural effects

Note the accounting standards of executive compensation schemes used in Australia are AASB 2 and AASB 119. You need to find out what are the applicable standards in your home country.

Analyse the applicable accounting standards to determine the reporting requirements under each accounting standard. You analysis should include:

• the initial recognition,

• measurement; and

• disclosure requirements prescribed by each standard.

Analyse the annual reports of your chosen companies in light with the standard requirements. Your analysis should include the following:

• Are the annual reports in compliance with the standard requirements? You need to use extracts from the annual reports to support your analysis. Provide screen shots of the relevant sections from the reports in your assignment.

• If they are not in compliance, explain the reason. You may find the explanations in the notes to the financial statements or in the Director's Report.

• Compare and contrast the two annual reports, identify the differences in disclosures of executive compensation schemes and employee benefits. Do not discuss these differences in terms of accounting standard requirements. Explain these differences in light of cultural effects, e.g.,

language, religion, legal systems etc., and strategies of the organizations, etc.

Students are to critically analyse and develop supported recommendations and conclusions, in reference to the relevant accounting standards in your home country and in Australia for the accounting disclosures of such compensation schemes, taking into account any potential cultural effects.

The analysis and supported recommendations need to be formatted into a professional report as would be expected in a modern organisation by management and clients.

Research Students need to support their analysis and recommendations with the text and requiremnts: minimum of 10 recent and relevant academic journal articles. Other sources may also be used but students need to be confident of the academic validity of such sources.

Verified Expert

### Previous Q& A

#### Radial vortex in water rotates at a speed

A radial vortex in water rotates at a speed of 3 radians/sec. The center of the vortex is also moving downstream at a linear velocity of 2 ft/sec. Create a plan-view plot that shows the path line of a fluid particle that rotates at a fixed radius of ..

#### Determine the reading of the pressure gauge

A 400 L rigid tank contains 5 kg of air at 25 degrees C. Determine the reading of the pressure gauge if the atmospheric pressure is 97 kPa.

#### Compose an essay using at least three csu library

Compose an essay using at least three CSU library references in which you do the following:  Contrast the differences between a project and a process.?  Explain why project management is often used to train future senior executives.

#### Air undergoes a polytropic process in a piston cylinder

Air undergoes a polytropic process in a piston cylinder from p1=1bar, T1=295K to p2=7bar. The air is modeled as an ideal gas and kinetic and potential energy effects are negligible. For a polytropic exponent of 1.6, determine the work and heat transf..

#### Evaluated at the mean temperature in the slab

Prove that if k varies linearly with T in a slab, and if heat transfer is one-dimensional and steady, then q may be evaluated precisely using k evaluated at the mean temperature in the slab.

#### A volcano has erupted-spewing stones and steam

A volcano has erupted, spewing stones, steam, and ash several thousand feet into the atmosphere. After some time, the particles begin to settle to the ground. Consider a nearly spherical ash particle that is 50 microns in diameter, falling in air who..

#### Research the social and cultural aspects of the country

Research the social and cultural aspects of the country you have chosen, and discuss the demographic trends that might influence EDUS business activities in the country. Country Overview: Describe the country, its history and any pertinent inf..

#### Requirement is that at terminal velocity the rider

We want to design a parachute. The requirement is that at terminal velocity the rider will have a velocity equal to the maximum velocity the rider would reach jumping to the ground from a 10-ft high roof. The rider weighs 150 lbf. The parachute will ..

#### Temperature dependence of diffusion coefficient for carbon

A 1.00%wt Carbon steel (FCC or \gamma?Fe) axel must operate at 850C in an oxidizing environment where the carbon content at the surface of the steel is zero. Only the outermost 200 microns of the component can fall below 0.50%wt C.

#### Calculate the number of kilograms of hydrogen

The purification of hydrogen gas is possible by diffusion through a thin palladium sheet. Calculate the number of kilograms of hydrogen that pass per hour through a 5.5-mm-thick sheet of palladium having an area of 0.84 m2 at 500°C.

### Similar Q& A

#### Question 1 green forest berhad operates two divisions the

question 1 green forest berhad operates two divisions the bedroom division and the consumer division. the bedroom

#### At end of last year gean company had 30000 units in its

at end of last year gean company had 30000 units in its ending inventory. geans variable production costs are 10 per

#### What effect did particular revenue and expense transactions

Curtis Security Services, Inc. has some clients who pay for their services in advance and other clients who receive services on account.

#### Determine the amount of the annual depreciation

Determine the amount of the annual depreciation and determine the book value at the end of the twentieth year of use.

#### Feature or objective of total-life-cycle costing

Management tools are used in the manufacturing cycle of the value chain and feature or objective of total-life-cycle costing?

#### Income statement of shiga naoya corporation

Compute earnings per share data as it should appear in the 2004 income statement of Shiga Naoya Corporation

#### Calculate the annual rate of depreciation

In two year you need to earn 3000\$ if you get an interest rate of 15.75% compound annually, how much do you need to invest now