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Problem
It is usually recognized that power is an essential component of accountability and that greater accountability is recognized towards those stakeholders who have more power.
Required:
(a) Briefly describe the concept of accountability
(b) What are stakeholders? Identify four groups of stakeholders and show their potential interest in socially and environmentally related information.
(c) By virtue of their power explain how stakeholders can exert significant influence on an organisation
(d) Companies are increasingly engaged with stakeholders in a positive and structured way to evaluate their needs. Effective stakeholder engagement is dependent on reliable information describe stakeholder engagement and explain its benefits and limitations.
Q. Explain Vertical analysis? Vertical analysis demonstrates the percentage that each item in a financial statement is of some significant total such as total assets or sales.
how its help
1. Double declining method 2. Units of production method 3. Sum of year digit method 4. Straight-line method Depreciation Fund Method Insurance Method Annualy Method
Some companies announce pro forma earnings and then disclose real earnings measured under US Generally Accepted Accounting Principles (GAAP) in their quarterly financial reports.
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The company borrowed 30 000on September 1, 2011. The principal is due to be repaid in 10 years. Interest is payable twice a year on each August 31 and February 28 at an annual rate
Received and paid the telephone bill for $231 including GST
difference between credit and debit
Cost sheet is sheet Where all the cost should be recorded which related to the produc.
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