Accounting Theory: Key Decisions and Audience of BRC Royal Commission Reports

Running head: ACCOUNTING THEORY
Accounting theory
Name of the student
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ACCOUNTING THEORY
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Executive summary:
The study deals with the key audience of the BRC royal commission reports. Along
with the purpose, key audience, key decisions of the report. The study also deals with the key
decisional takeaways with a suitable concussion at the end.

ACCOUNTING THEORY
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Table of Content
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Executive summary:...................................................................................................1
Introduction:...................................................................................................................3
Discussion:.....................................................................................................................3
Part A.........................................................................................................................3
Purpose of the report:.............................................................................................3
Audience of the report................................................................................................4
Key decisions to be made...........................................................................................4
Key informational decisions related to the royal commissions report.......................5
Customers affecting:..............................................................................................6
Keywords for financial decisions:..............................................................................7
Conclusion:....................................................................................................................7
References......................................................................................................................8

ACCOUNTING THEORY
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Introduction:
The above case study deals with the Royal commissions which had been established
by the government to take care of the banking rules and regulations. On the other hand if
there are change in the old rules, then that certain change is also highlighted by them. The
study report also deals with the misconduction over the superannuation, banking and
financial service industry along with the impact of the same in the large accounting firms. In
this part deals with the purpose and audience of the report, the key decisions to be taken and
the relevant information for decision making purpose.
Discussion:
Part A
Purpose of the report:
The Banking Royal Commission (BRC) is twelve month long standing equity process
whose initial value is estimated at $75million equity. Hence the same have been applied into
the banking areas and the same have been included into the broader financial servicing entity.
Thus the BRC is the investigator of the bank, insurers and the financial services as well as to
the super annuation fund. Since the equity does not have the authority to address the
misconduction by itself, hence the process could address some purpose which they could
likely look to maintain. Furthermore since the report looks to provide a detailed outlook to
the purpose, hence the purposes of producing BRC reports are as follows-
While considering the conjunction of the Australian Prudential Regulation Authority (APRA)
report to the commonwealth bank (CBA), it had said that the financial services have dulled
the senses of institution (Beasley, 2019.). Now ultimately as far as the culture is concerned
the purpose of the report is to understand the three stages of overview the BRC aims to