Financial Accounting And Reporting Assignment Report

FINANCIAL ACCOUNTING
AND REPORTING

 Samantha: Hello, Mr Edwards! How have you been?
 Mr. King Edwards: Hello Samantha. I am good and it was pleasure to receive your
response against the accounting issues faced by us in the absence of our chief
financial officer. I really appreciate your assistance at such short notice.
 Samantha: Well, that’s my job and I really thank you for choosing us to rely on the
accounting suggestions and help you with the decision making process.
 Mr. King Edwards: Shall we discuss on the matters I presented you over the e mail.
 Samantha: The e mail I received regarding some of the accounting issues related to
the consolidated financial statements and business combination.

 Samantha: I will address your query here regarding the treatment of such
transactions. My advice would align by making reference to the relevant
accounting standards as sought and mentioned by the discussion in the mail
forwarded by you.
 Mr. King Edwards: Sure, that would be relevant and helpful to assist the board
of directors in understanding the concepts and making decision.