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Corporate and Financial Accounting Norms and Factors

   

Added on  2021-02-20

10 Pages2734 Words419 Views
Corporate and FinancialAccounting

Executive Summary The term Corporate and Financial Accounting is related with plans, policies and financial issuesassociated with the factor of attainment of financial goals and objectives of the businessorganisation. The present report will define about relevant corporate accounting and financialaccounting norms and factors which contributes towards successful attainment of business goals. Itwill also discuss about different AASB standards which every business organisation needs tocomply with for formulation of correct and accurate financial statements. Also, it will explain aboutcorrect and accurate application use of the Accounting standard assist company in depicting its truefinancial as well as corporate position.

Table of ContentsExecutive Summary .............................................................................................................................2INTRODUCTION................................................................................................................................4MAIN BODY.......................................................................................................................................4PART A ................................................................................................................................................4Outlining differences in methodology between Consolidation and Equity Accounting along with .........................................................................................................................................................4example............................................................................................................................................4Consolidation Accounting................................................................................................................4Equity Accounting...........................................................................................................................4PART B ................................................................................................................................................6PART C ................................................................................................................................................7CONCLUSION....................................................................................................................................9REFERENCES...................................................................................................................................10

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