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Impairment of Assets and Calculation

Question: Discuss about the Impairment of Assets and Calculation. Answer: Introduction Longreach limited is a company enlisted in ASX. To comply with the impairment testing of assets, the company has sought for consultancy on 30.06.2014. To make them understand the implication of this practice, this report is being made focusing on the issues of objective of this practice, treatment of intangible asset like goodwill for this practice with the basic steps for implementing impairment testing of assets as per AASB standard 136. IASB has made it compulso...

  • Published: 28 Apr, 2018
  • Views: 683

Accounting Research Theory and Issue

Question: Discuss about the Accounting Research Theory and Issue. Answer: Introduction The article has carried out the critical analysis of the article ‘Half a Defence of positive Accounting Research’ for developing an understanding of the main accounting concepts illustrated in the paper. This article presents the evolution of positive accounting theory since its development in 1970’s. The article examines and analyses the recently emphasised theoretical approach in accounting literature of positive accounting theory. The major weaknesses th...

  • Published: 02 May, 2018
  • Views: 781

Positive Accounting Theory and Natural Science

Question: Discuss about the Positive Accounting Theory and Natural Science. Answer: Introduction Financial accounting theory ensures the simplification in recording and analysing the accounting facts of the organisation. In the same way, positive accounting theory is based on the practical and economic statistics practices in the organisation (Dunmore, 2009). This theory is widely used in the recording of the financial accounts in the organisations. It supports the scientific approach to explain and predict the future events in the factual world su...

  • Published: 11 Jul, 2018
  • Views: 1394

Corporate Accounting Policy and Discretionary

Question: Discuss about the Corporate Accounting Policy and Discretionary. Answer: Introduction The present study related to the topic “Half a Defence of Positive Accounting Research”, which is penned by the author Paul V Dunmore is regarding the positive accounting approach in the field of accounting, particularly regarding the theoretical framework, research questions , accounting research, especially the article summary of the given article. The current study has found that that the fabrications approach is stronger than the statistical hypo...

  • Published: 13 Jul, 2018
  • Views: 739

Expanding Material Flow Cost Accounting

Question: Discuss about the Expanding Material Flow Cost Accounting. Answer: Introduction Positive accounting theory can be considered as the concept which is based on the accountant’s behaviour. This report paper is a critique of an article ‘Half a defence of Positive Accounting Research’ which is written by Paul V Dunmore. Positive accounting Theory is known as PAT and it has some strength as well as some key issues. A particular structure has been followed in completing this article. It starts with a summary and followed by a research ques...

  • Published: 21 Jul, 2018
  • Views: 757

Depreciation Methods and Life Cycle Costing

Question: Discuss about the Depreciation Methods and Life Cycle Costing. Answer: Introduction: The present report specifies the business plan of the cafe; which is a franchise of an international coffeehouse chain Aroma Cafe. A business plan can be said as documented set of business goals, financial forecast and other defined objectives which have been aimed to attain over a specified time (Farrell, (2016). All the details relating to cafe such as legal aspects; available financing options, the importance of accounting, needed plant and machinery a...

  • Published: 28 Aug, 2018
  • Views: 742

Information Security Governance in Framework

Question: Discuss about the Information Security Governance in Framework. Answer: Introduction: This research study is classified in the different major parts that have different aims and objectives. For instance, in the first part of the study a research plan for the research would be developed by considering research concepts and principles. Moreover, in the next part the key differences between the Qualitative & Quantitative Research Designs would be discussed and analyzed. Additionally, the key differences among Exploratory Sequential Mixed...

  • Published: 04 Sep, 2018
  • Views: 761

Adoption of Enterprise Resource Planning Systems

Question: Discuss about the Adoption of Enterprise Resource Planning Systems. Answer: Introduction This report will provide a detailed description regarding the strategic information systems which are being utilised in an accountancy firm in Australia. For the purpose of this report, the organisation chosen is Grant Thornton Australia. This report will provide a detailed analysis of the organisational structure being followed by the company and how they would be able to tackle the problems and challenges they are facing in their business. Grant Th...

  • Published: 06 Sep, 2018
  • Views: 674

History of Financial Accounting Reporting

Question: Discuss about the History of Financial Accounting Reporting. Answer: One of the major issues that were viewed by the company is adjustment of deferred tax liabilities in the current year from the perspective of financial accountant. In other words, this letter will be addressing the issue where the selected company is not willing in cheating for making return at the time of adjusting the tax payable amount in a given reported period (Weil, Schipper and Francis 2013). This present letter will be discussing on the issues that is faced by the...

  • Published: 10 Sep, 2018
  • Views: 695

Autonomy and Organizational Change Dynamics

Question: Discuss about the Autonomy and Organizational Change Dynamics. Answer: Introduction In the current time, globalization, changed attitude of customers, tight competition and complex/dynamic business environment etc are the major factors that forcing the today’s companies and institutions to adopt value chain concepts, principles and standards within their business process and strategies in order to become more productivity and successful in the market. Moreover, the use of value chain within the organization is essential for all the type...

  • Published: 21 Sep, 2018
  • Views: 654

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