Causes of Corporate Downfall: ABC Learning, HIH Insurance and One Tel

Running head: FINANCIAL ACCOUNTING
Financial Accounting
Name of the Student:
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1FINANCIAL ACCOUNTING
Executive Summary:
The objective of this report is to evaluate the causes behind the corporate downfall of three
Australian companies, which include ABC Learning, HIH Insurance and One Tel. The analysis provides
explanation of the organisations while the next portion investigates the causes behind the declines. The
final segment lays stress on highlighting APES 110 Code of ethics and ASIC listing rules in relation to
corporate governance. Finally, the report sheds light on explaining the role of liabilities in corporate
collapses of the three organisations.

2FINANCIAL ACCOUNTING
Table of Contents
1. Introduction:............................................................................................................................................. 3
2. Introduction of the companies:................................................................................................................. 3
3. Reasons for liquidation:........................................................................................................................... 3
4. Ethics and governance:........................................................................................................................... 4
5. Role of the liabilities:................................................................................................................................ 5
6. Conclusion:.............................................................................................................................................. 6
References:................................................................................................................................................. 7