### Chairpersons of the financial reporting council

Assignment Help Accounting Basics
##### Reference no: EM131508868

Question:

Write a report of 2000 words to the chairpersons of the Financial Reporting Council and the Australian Accounting Standards Board, commenting on the following argument: Attempts to bring about radical change through the introduction of a conceptual framework have failed. When it appeared as though SAC 4 would require firms to report a greater number of liabilities, lobbying began in earnest and business ensured that any innovation was quashed. As such, the best that can be hoped for from a conceptual framework is that it legitimises current practice, maintains existing social and economic status, and staves off public sector attempts to control accounting standard setting.

Requirement: Students are required to answer questions in an essay format (introduction, body, conclusion and references) attached a cover with students' information. Front size 12, 1.5 line space, must be typed in word and submit it in through Turin-it-in. Similarity rate must be lower than 20%, between 20%-30%, you will receive penalty on your report, higher than 30%, you will fail your report immediately.

Verified Expert

This individual assignment in required to draft a report on international accounting standard highlights on concept of conceptual framework. It's about the critical interpretation on conceptual framework and their associated institution.

#### Questions Cloud

 Define doppler spread and multipath spread : Repeat Illustrative Problem for a channel with bandwidth W multipath spread Tm = 10 µs and a Doppler spread Bd = 10 Hz. Plot the error probability of the channel as a function : [Binary Symmetric Channel Capacity] Binary data are transmitted over an additive white Gaussian noise channel using BPSK signaling and hard-decision decoding. Cash balance according to the bank statement : Identify each of the following reconciling items as: (a) an addition to the cash balance according to the bank statement. What is the channel capacity : Plot the capacity of an additive white Gaussian noise channel with a bandwidth of W = 3000 Hz as a function of PI No for values of PI No between -20 dB. Chairpersons of the financial reporting council : Write a report of 2000 words to the chairpersons of the Financial Reporting Council and the Australian Accounting Standards Board, Compare of hard- and soft-decision schemes : [Comparison of Hard- and Soft-Decision Schemes] A binary input channel uses the two input levels A and -A. The output of the channel is the sum of the input. Will current rate of gdp be sustainable into future : How will unemployment rate during current period compare with natural rate of unemployment? Will current rate of GDP be sustainable into future? Why or why not? List of functional requirements : List of functional requirements (from Phase 1, SRS section 3). List of High-level Use cases (trace back to the functional requirements listed above) Plot the capacity as a function of both w and p-n : Capacity Versus Bandwidth and SNR] The capacity of a bandlimited AWGN channel with input power constraint P and bandwidth W is given by.

### Write a Review

#### 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.

#### Theory of interest - term structure of interest rates

Term Structure of Interest Rates

#### 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