Objective of the operating and financial review

Assignment Help Accounting Basics
Reference no: EM13987581

1. What is the objective of the operating and financial review?

2. Why is there no prescribed format for the OFR?

3. What are the main principles set by the ASB for the OFR?

4. What are the main elements of the disclosure framework for the OFR?

5. What are key performance indicators (KPIs)?

7. What are the particular requirements of the OFR Regulation that must be reported in an OFR?

8. What are the responsibilities of the directors and auditors in relation to the OFR?

Reference no: EM13987581

Questions Cloud

What is a special purpose entity : 1. What is a special purpose entity? 2. What is corporate social responsibility? 3. What is the Global Reporting Initiative?
What is the purpose of a highlights statement : What is the purpose of a highlights statement? How does a five-year summary of historical results help investors? How does segmental information help the users of financial statements?
Experimental implementation of the tank : What impact did the tank have on the effectiveness of ground forces?
Determine the adiabatic flame temperature : Determine the adiabatic flame temperature for the stoichiometric combustion of propane in air. Use a heat of formation of propane of -44,800 Btu/lb-mole
Objective of the operating and financial review : 1. What is the objective of the operating and financial review? 2. Why is there no prescribed format for the OFR? 3. What are the main principles set by the ASB for the OFR?
Pyramid of ratios in analysis of performance : Why is financial gearing riskier for a company which has fluctuating profits? Explain the use of the pyramid of ratios in analysis of performance.
Describe the component plots as time approaches infinity : In a separate cell (called Summary Cell ) compare the results of Case I and Case II in terms of - Stability, Direction of the phase plot with respect to equilibrium point and initial condition and Describe the component plots as time approaches infin..
Calculate the amount of the ownership interest : Explain how each of the items (i) to (vi) will affect the ownership interest. Calculate the amount of the ownership interest after taking into account items (i) to (vi). (Hint: first calculate the profit of the  year.)
What is the maximum kinetic energy of electrons : Barium has a work function of 2.48 eV . What is the maximum kinetic energy of electrons if the metal is illuminated by UV light of wavelength 375nm ? Express your answer using three significant figures.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Explain the meaning of the various designations

One class of deductions is variously described as deductions for AGI, above-the-line deductions, and page 1 deductions. Explain the meaning of the various designations.

  Alpha company plans to expand into a new geographic area

alpha company plans to expand into a new geographic area. the executives and shareholders expect the following events

  Conversion of preferred stock in common stock

The market value of the common stock at the date of the conversion was $30 per share. What total amount should be credited to additional paid-in capital from common stock as a result of the conversion of the preferred stock into common stock?

  Enacted tax rate-current and future periods

The enacted tax rate is 25% in current and future periods. What will White record as its income tax expense in Year 1?

  Determine the breakeven point in units sold and sales dollar

Lowman Corporation sells only one product with a selling price of $200 and a variable cost of $80 per unit. The company's monthly fixed expense is $60,000.

  A company projects an increase in net income of 450000

a company projects an increase in net income of 450000 each year for the next five years if it invests 1800000 in new

  Continuing cookie chronicle

CCC3 In November 2014, after having incorporated Cookie Creations Inc., Natalie begins operations. She has decided not to pursue the offer to supply cookies to Biscuits. Instead, she will focus on offering cooking classes. The following events occ..

  Calculate written down value of each asset

You are required to calculate Written down value of eachasset and show working of complete depreciation for the year endingon December 2007.

  The company uses standard costing and has developed the

the company uses standard costing and has developed the following information about standards for its product materials

  Issues at pressure hydraulics

You are required to investigate the issues at Pressure Hydraulics and provide a feasibility study into the improvement to their current business processes.

  Transmission control protocol and internet protocol

A forensic accountant should acquire a behind-the-scenes understanding of network traffic on the Internet. An understanding begins with Internet protocols. Explain Transmission Control Protocol (TCP) and Internet Protocol (IP).

  What other requirements must be met for the primary

What other requirements must be met for the primary government to be considered financially accountable for that organization?

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