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Factor contributinng to the liquidation of the company

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Reference no: EM131636091

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 amd 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. Was liabilities a major factor contributinng 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 11pt or Arial 10pt.

Verified Expert

In the particular assignment, there is a brief report referring a case study on the collapse of ABC Learning, HIH insurance and One.Tel Phone Company describing the reasons for the failure. All these companies were sometimes big corporate giants of Australia and suffered huge losses in the later part due to poor management policies and lacking on the ethical accounting part. At the closure of the assignment, there is also certain recommendation part referred by the analyst to overcome such situations.

Reference no: EM131636091

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len1636091

9/11/2017 12:53:21 AM

Trimester 2, Accounting Financial ACC701 Individual Assignment Question In recent years a number Analysis 30% Research extent and application 30% Recommendations/conclusions 20% Presentation 20% Total mark will be scaled to a mark out of 30 subject marks. 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 11pt or Arial 10pt.

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