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Directors duties and the notion of true and fair.
you need to use Austalian accounting standered board and corporation law( 2001)
Background
Recently, there have been a number of high profile company collapses which have had a significant effect on employess, customers,government,creditors,and other stakeholders.the companies are ABC learning centres LTD,centro properities LTD and Hastie Group LTD in each of these cases there were questions raised as to the culpability of directors.
Question- Assess whether there are any similarities between the events in each case and what has been done to prevent such collapes in future . in your answer ,please make reference to any relevent australian accounting standard and australian corporations law section (s).Reserch question- to what extent is it the directors' duty toensure that the financial statement of a company provide a true and fair view?write in 600 words and put hardward styles references.please use australian accounting standered board.
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