This report provides a brief account of the accounting standard, corporate regulation and the owners equity from the world perspective. It also sheds light on the role of AASB and its helpfulness in setting the international standard setting process which is called the IFRS. The report also highlights the importance of regulation and financial reporting in ensuring transparency and accuracy in financial statements. The role of AASB in the international standard setting process is discussed, along with the reasons why IFRS is not compulsory for member countries of IASB. The report concludes with a brief summary of the key findings.

Report on accounting standards, corporate regulation, owners equity, AASB's role in IFRS setting process.

Corporate and Financial Accounting - Desklib

Corporate and Financial Accounting

This report provides an overview of corporate regulation, accounting standard setting and owners’ equity from a global perspective. It evaluates the necessity of regulating financial accounting and reporting, the role of AASB in setting international standards, and the debt-equity position of BHP Billiton, Rio Tinto, Orica Limited and Fortescue Metals Group.

The report covers financial and regulatory aspects confronting the Australian business sector, emphasising on the mining sector of the nation by considering Orica Limited, Rio Tinto, Fortescue Metals Group and BHP Billiton as the four key public listed companies operating in the nation. It sheds light on the need for corporate regulation and voluntary disclosure of information by business managers. The paper has also discussed the reasons that IFRS is not mandatory for all the member countries of IASB.

Hartpury University and Hartpury College

Finance

The report discusses the need for regulated financial accounting and reporting, voluntary financial disclosures, and AASB's influence on global regulation. It also presents a comparative analysis on owner’s equity from the annual statements of four different organisations. The report concludes with comments on the entire context.

Corporate and Financial Accounting: Need for Regulatory Standards and AASB's Influence on Global Regulation

The report is divided into three sections comprising of corporate regulation, accounting standard settings and owner’s equity. In the first section, the importance of regulation in the financial reporting process has been addressed. The second section demonstrates critical explanation of the standard setting process of AASB. Furthermore, last section depicts the analysis of owner’s equity of four companies listed on Australian stock exchange. For this purpose, information have been sourced from the published annual reports accessed from their respective websites.

Corporate Accounting: Regulation, Standard Setting, and Owner's Equity Analysis

Political Science

Corporate and Financial Accounting Assignment - (Doc)

This report emphasizes on the importance and role of corporate regulation in the disclosure of the financial information in comparison of the disclosure of the financial accounting information in a voluntary method by a manager. It also focuses on the analysis of the items of equity present in the balance sheet of the four companies of Australia that are listed in ASX related to same industry and find out the reasons for the occurrence of the change. It also entails the information related to the comparative analysis of the debt and equity position of these four firms.

Corporate and Financial Accounting: Importance of Corporate Regulation and Analysis of Owners Equity and Debt-Equity Position of Four Australian Companies

Corporate and Financial Accounting

Corporate and Financial Accountinglg...

Corporate and Financial Accountinglg...

Corporate and Financial Accounting: Need for Regulatory Standards and AASB's Influence on Global Regulationlg...

Corporate Accounting: Regulation, Standard Setting, and Owner's Equity Analysislg...

Corporate and Financial Accounting Assignment - (Doc)lg...

Corporate and Financial Accounting: Importance of Corporate Regulation and Analysis of Owners Equity and Debt-Equity Position of Four Australian Companieslg...

Corporate and Financial Accounting

Corporate and Financial Accounting

Corporate and Financial Accounting: Need for Regulatory Standards and AASB's Influence on Global Regulation

Corporate Accounting: Regulation, Standard Setting, and Owner's Equity Analysis

Corporate and Financial Accounting Assignment - (Doc)

Corporate and Financial Accounting: Importance of Corporate Regulation and Analysis of Owners Equity and Debt-Equity Position of Four Australian Companies