Finance : Page - 9

What is Fair Value Reporting? The figures represented in the financial statements are based on calculations and estimations. Therefore, in such scenario fair value reposting helps the users in deriving an understanding from the organization’s financial statements so as to make appropriate decisions. Users of financial statements get great support from fair value reposting which further allows them to take substantial investment related ...

Extent of sustainability reporting among Hang Seng Index constituent stocksThis research is aimed to investigate the impact of sales on the financial performance of firms, taking into consideration the special case of Woolworths Australia. The main motive of the private firms is to maximize the profit of the firm. According to the scholars, there are mainly two different ways through which the profit can be maximized(Khan, Naz, & Khan, 201...

Overview of ENISA Threat LandscapeThe European Union Agency for Network and Information Security or ENISA is a network centre and an information security expertise for the continent of Europe and its member states which logs out an annual report each year that summarizes the reports of all the analyzed cyber threats and the state of the art technology that has been used in them based in the open source material. The report is based on a year...

The Therapeutic Power of ShoppingShopping is described as the action of buying goods and services from various companies in exchange for money. Although not always enjoyed by all, many have claimed that the process not only encourages positive thoughts, but also eliminates negative ones. This is done by providing a means of distraction, allowing the individual to feel empowered and also allowing oneself to self-indulge. Taking shopping related...

Financial UnderstandingIngogo company is a firm under the industry of Taxi booking and logistics based in Australia. It majors in online bookings and payments of taxis. This company was the first in the country to offer transportation services, it provide their clients a fixed fares that includes price commissions. Taxi drivers process prices using the company’s customised android application software. The company currently offer service...

Concept of Capabilities in Strategic ManagementOrganizations all over the world use strategic management tools to promote their national, regional and international competitiveness, growth and innovation (Voor 2012) The corporate strategy refers to the command and control over a long-term. It is based on articulating the organization desired position in the market that matches its strengths and weaknesses with the market opportunities and ...

Importance of Sustainability in BusinessDevelopment Of Sustainability Indicators Monitor System For Commonwealth Bank Sustainable business structures are developed to construct economic value, while benefiting society standards and not distressing the environmental factors (Prause, 2015). This particular business structure aims to maximize its profit by exploiting limited amount of resources and also aims to earn profit in a sustainabl...

Major sources of information for hazard identificationRisk management involves the process of identifying risk factors within a workplace, defining and assessing them as to determine the level of risk and control it, (Griffith, A. and Howarth, T., 2014).  Major sources of information for hazard identification The employer and or industry associations. Employees of an organization always receive trainings and sensations about their...

Background of Harvey NormanFinancial Reporting is considered as a major aspect for the financial success of the business organizations. The process of financial reporting is considered as a formal record of the financial activities as well as financial position of the businesses (Nobes 2014). While preparing and presenting financial statements, the companies are needed to comply with all the required financial rules and regulations of the avai...

Identified Issues Related to Big Accounting FirmsThis part of the report is developed with an aim to analyze a news article which addresses a recent accounting issue in context of Australia. The issues discussed in the article are described and discussed in the report. Further, the identified issues are linked to the theories and topics of ACC518. The article discussed in the report is on the role of four big accounting firms of Australia whic...

Overview of Woolworths LimitedIn the recent time of fast-moving and interdependent world, the various organizations are increasingly facing by several risks that can be in nature complex and has a worldwide consequence. Such kinds of risks are very difficult to anticipate and deal with, even for the large business entities. The Businesses all over have set their priorities on the basis of their own position as compared with the related business ...

Description of operation and comparative advantages of selected companiesThe present study is based on an evaluation of the financial performance of Downer Group and Aurizon Holdings Limited. The study covers the description of both companies by considering their operational activities and comparative. Further, it compares and evaluates financial ratio to assess their financial performance over the years. It is followed by share price analysis a...

Part 1. Project ClientIntegration of information systems enable business organisations to manage their business locations more efficiently. A centralised information system enable firms to manage the data base more efficiently and apply it in the business more efficiently. The aim of the paper is to form a project proposal to upgrade the information system of Film Drifter. The report would be viewed from the view of Software IS Consulting Orga...

Importance of Corporate Disclosures and Adoption of IFRSAn organization's financial statements are analyzed in different ways by different users because the requirement of information varies from user to user. On the other hand, organizations carry an objective of keeping their users satisfied with their reporting styles. Therefore, they try to disclose every possible information including terms and conditions so that users can extract the...

Financial Comparison for the Entity - InternalIn this section of the report, the financial analysis of one of the companies Virgin Australia Holdings Ltd has been done. It is listed on the Australian Stock Exchange and represented as VAH. It is an airline company and operates in Australian as Virgin Australia, Virgin Australia Regional Airlines, Virgin Australia International Airlines and Tigerair Australia. It was previously being operated by...

Audit Risk1. Auditing is conducted with the objective of providing an independent opinion on the financial reports of an entity. It is important to use appropriate analytical and substantive procedures during the course of auditing to express an appropriate opinion on the financial statements. The risk of expressing an inappropriate opinion on the financial reports can be described as the audit risk. Acceptable audit risk in an audit is the le...

Risk assessment for chemical and physical hazardsThe risk assessment carried out includes potential chemical hazards. The assessment must establish the primary chemical hazard which might be associated with the demolition including petroleum hydrocarbons, soil gases, asbestos, and heavy metals. Another risk assessment which must be carried out includes physical hazards such as operating machinery, abrasions and cuts, UV exposure, and traffic (To...

Capital Market Linea. The Capital Market Line (CML) establishes a relation between the risk and return of an efficient portfolio. The risk in Capital Market Line is calculated using variance or standard deviation. Whereas the Security Market Line (SML) depicts a relation between the expected returns and beta of any portfolio. In the Security Market Line beta is basically the volatility of the portfolio. The major differences arising in the Cap...

Characteristics of Good Monitoring SystemsBusinesses are known to cause damages consciously and unconsciously, and therefore there is always the need to continually monitor the operations of the company and ensure that the possible costs are appropriately managed. There has been increased concern regarding environment protection more particularly from the actions of the business. As such, there has been a consistent growth of sustainability re...

Background of Claims Against Jamie Durie1.The administrator Simon Cathroclaimed that Jamie Durie might have traded in the conditions of insolvency for last two years.The documents of court and creditors also emphasized on the collapse of his company JPD Media & Design when former licensing agent of the company Mike Curnow took legal action against the company. Under the Corporations Act 2001, a person is considered as solvent when he or sh...

BackgroundWith the help of an emerging market, a country can develop its economic condition. This development can be measured by various socio-economic factors. An emerging market economy can be stated as an economy of a nation that is growing to become an advanced economy and this can be represented by liquidity in equity markets and local debt along with the existence of various types of regulatory authority and market exchange (Ahmed, Couli...

Globalization as an Elite DiscourseThe term “Globalization” in recent times has the developed as a popular and controversial issue, though often remaining an undefined concept. However in a comprehensive manner, the term is implemented in order to encompass the increase rate in trade and liberalization policies along with the reduction in transportation expenditure, technological transfer, economic changes and societal transitions ...

Security Market Line vs Capital Market LineThe overall assessment aims in comparing SML and CML line, which helps investors for improving their current investment scope. In addition, the discussion on the significance of minimum variance portfolio is mainly conducted, which helps in depicting the level of income that could be generated from the portfolio. Furthermore, the minimum portfolio variance actually allows the investors for improving t...

Section 1: The Level of Materiality to Be Used For the AuditThe purpose of this paper is to examine the 2017 annual report for Cimic Group Limited Company and determine the level of materiality that should be used for the group accounts for the fiscal year ending 2017. This report also represents a preliminary analytical review on the information that is provided by the company. Key balance sheet and profit and loss ratios over the period 20...

Impact of the Financial Crisis on Ecuador EconomyGenerally, the Ecuador economy is highly relying on the petroleum sector at large which takes into account about 50% of the country’s exportations with almost 25% of the government sector over the past years. Between 2014/2017, there has been an effect on the economy as a result of the financial crisis which, which caused a tremendous decline in the country’s GDP rates with the pover...