Events Leading to Liquidation of Australian Organizations

Running head: FINANCIAL ACCOUNTING
Financial Accounting
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1FINANCIAL ACCOUNTING
Executive Summary:
The report intends to review and investigate the events that resulted in the liquidation of three
big Australian organisations, which include Aluminium Boats Australia, HIH Insurance and
Stellar House. Moreover, another objective of the paper is to analyse the issues related to
corporate governance in the context of the three above-mentioned organisations. Finally, the
report has shed light on the nature of liquidation of these organisations along with the role of
liabilities.

2FINANCIAL ACCOUNTING
Table of Contents
Introduction:...............................................................................................................................3
Overview of the chosen organisations:......................................................................................3
Events that led up to the liquidation:..........................................................................................3
Codes of ethics:..........................................................................................................................4
Corporate governance issues:.....................................................................................................5
Types of liquidation:..................................................................................................................5
Role of the liabilities:.................................................................................................................5
Conclusion:................................................................................................................................6
References:.................................................................................................................................7