logo

Corporate Accounting of Woolworths

   

Added on  2021-05-31

9 Pages1688 Words23 Views
Running head: CORPORATE ACCOUNTINGCorporate AccountingName of the Student:Name of the University:Author’s Note:

CORPORATE ACCOUNTING1Table of ContentsAnswer to Question 1......................................................................................................................2Part A...........................................................................................................................................2Part B...........................................................................................................................................4Answer to Question 2......................................................................................................................6Requirement A.............................................................................................................................6Profit and Loss Statement and Comprehensive Income Statement.............................................6Requirement B.............................................................................................................................7Reference.........................................................................................................................................8

CORPORATE ACCOUNTING2Answer to Question 1Part AComposition of the Board of DirectorsThe company which is selected for the purpose of this assignment is Woolsworths GroupLtd. The company is engaged in retail distribution business among the customers of the businessand operates in Australia. The board of directors of Woolworth group ltd is made up of bothexecutive and non-executive directors which are either independent or dependent which is statedin the financial statements of the business (Woolworthsgroup.com.au. 2018). The independentdirectors of the business are Gordon Cairns, Brad Banducci, Jillian Broadbent, Holly Kramer,Siobhan Mckenna, Scott Perkins, Kathryn Tesija and Michael Ullmer.The board of directors of the company is made up of 8 directors in total and gender ofmen is to women which makes the composition of the board of directors in the ratio of 1:1. Inother words, there are four female directors and four directors which forms the board of directorsof the business. The independent chairman of the board of directors Gordon Cairns has a MA(hons)degree and he has an over 30 years experience in retail and food industry. Brad Banducci is themanaging director of the company and has a degree of MBA, LLB, B.Com (Accounts) and has avast experience. Prior to working for the company, he has a working experience of 15 years withBoston Consultancy Group which forms just a part of his experience. Holly Kramer is anindependent non-executive director of the company and has a degree of BA(hons) and MBAdegree as well. Holly Kramer has over 20 year’s worth of experience in management, sales,Marketing and also had a job at Fords Motor Company, Telstra.

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Board composition Assignment PDF
|8
|2492
|84

Strategic Information System- PDF
|14
|3089
|54

Analysis of Woolworths Group: Finance and Performance Evaluation
|23
|3963
|348

Accounting Information System for Woolworths: Challenges and Recommendations
|14
|2732
|61

Corporate Accounting Assignment | WoolsWorth
|15
|3351
|120

Finance Assignment Solved - Doc
|18
|4127
|259