Contemporary Issues In Accounting | | Assignment

Contemporary
Issues in
Accounting
B l a c k m o r e ’ s C o m p a n y
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Contemporary Issues In Accounting 1
Executive summary
The report is prepared to analyse the contemporary issues in accounting as well as the impact on
different stakeholders. Blackmore’s company has been selected which is an Australian listed
company. The findings of the report include different accounting issues of Blackmore’s which
are supported with the share price of business that is declining from past two years. It has been
determined that it leads to an impact on accountants as they need to manage the funds from
different ways due to decline in cash. The findings show that this affects the investors and they
want to purchase the shares of the company and in return, they sell their shares.

Contemporary Issues In Accounting 2
Contents
Introduction......................................................................................................................................3
About the company..........................................................................................................................3
Contemporary issues of accounting.................................................................................................3
Share price fall.............................................................................................................................3
New e-commerce law by China...................................................................................................4
Decline in sales............................................................................................................................4
Dividend slashed..........................................................................................................................4
Recommendations............................................................................................................................5
Conclusion.......................................................................................................................................6
References........................................................................................................................................7