Discuss ethics and governance in explaining financial stress

Assignment Help Accounting Basics
Reference no: EM131966081 , Length: word count:2000

Question

In recent years a number of companies have gone into liquidation (been 'wound up) because they have not been able to meet their liabilities when they fell due. In Australia, there are some well-publicised examples such as ABC Learning, HIH Insurance and One.Tel phone company

Required

Use the companies above and find (via electronic journals) the events that led up to the liquidation. Discuss the ethics and governance in explaining the company's financial stress. Were liabilities a major factor contributing to the liquidation of the company?

Research Requirements

Students need to support their analysis with reference to relevant material from the text and a minimum of eight (8) suitable, reliable, current and academically acceptable sources - this should include at least 2 peer-reviewed academic journal articles.

Presentation

2000 + 10%-word short report format. Title page, executive summary, table of contents, appropriate headings and sub-headings, recommendations/findings/conclusions, in-text referencing and reference list (Harvard - Anglia style), attachments if relevant.

Single spaced, font Times New Roman 12pt, Calibri 1 1pt or Arial 10pt.

Reference no: EM131966081

Questions Cloud

Investment worth-amount of the special payment : Sasha has an investment worth 8,640 dollars. What is X, the amount of the special payment that will be made to Sasha in 6 years?
Describe how positive behaviors should be supported : Describe how positive behaviors should be supported, and incorporate specific tools to reverse or minimize leadership behaviors that are viewed.
Difference between limit load factors and factors of safety : Explain the difference between limit load factors and factors of safety. Determine the stiffness for a launch vehicle adapter
Determining the program internal documentation : List at least three types of information that should be included in a program's internal documentation (comments).
Discuss ethics and governance in explaining financial stress : Accounting Financial ACC701 - Discuss the ethics and governance in explaining the company's financial stress. Were liabilities a major factor contributing
What are the npvs and irrs for the best- and worst-case : Ignoring possible tax effects and rates, what is the appropriate discount rate to use in evaluating the proposed purchase? Why?
Who was the beneficiary of the risk sharing agreement : DeMagistris Fashion Company, based in New York City, imports leather coats from Acuña Leather Goods, a reliable and longtime supplier, based in Buenos Aires).
What is your opinion on trump budget : Congress has the Constitutional responsibility to pass a Budget. What is your opinion on Trump's budget? Would you adopt it or ignore it?
Prepare a flexible budget for rapid lab : Historical performance standards suggested that Test A should require 10 minutes of supervisory time and Test B should require 30 minutes of supervisory time.

Reviews

len1966081

5/2/2018 1:19:47 AM

2000 + 10%-word short report format. Title page, executive summary, table of contents, appropriate headings and sub-headings, recommendations/findings/conclusions, in-text referencing and reference list (Harvard — Anglia style), attachments if relevant. Single spaced, font Times New Roman 12pt, Calibri 1 1pt or Arial lOpt. Marking Guide Analysis 30% Research extent and application 30% Recommendations/conclusions 20% Presentation 20%

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