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Financial Accounting Assignment

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Added on  2021-06-14

Financial Accounting Assignment

   Added on 2021-06-14

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FINANCIAL ACCOUNTING ASSIGNMENT
Financial Accounting  Assignment_1
1By student name ProfessorUniversityDate: 16 September 2017.1 | P a g e
Financial Accounting  Assignment_2
2Executive SummaryA report has been prepared on the liquidation of the companies and the major reasons that can beattributed to the liquidation of the companies. There might be several reasons for the liquidationof the companies which have been analysed in the report using the various examples. The mainreason for the winding up of the companies has been inability to pay off the debts which havepiled up over the period of time coupled with inefficient management, unethical accounting andmany other such reasons. Since ethics and governance has took great importance in the recentpast, it has been stressed uponin the report as to how it can play a major role in the downfall ofthe company. Based on the analysis, conclusions have been drawn and recommendations havebeen given as to how the companies can avoid such situation in future.2 | P a g e
Financial Accounting  Assignment_3
3ContentsIntroduction – Liquidation & its basics........................................................................................................4The individual cases of liquidation...............................................................................................................6ABC learning............................................................................................................................................6One Tel Phone company..........................................................................................................................7HIH Insurance..........................................................................................................................................8Conclusion...................................................................................................................................................9Recommendation......................................................................................................................................10References.................................................................................................................................................113 | P a g e
Financial Accounting  Assignment_4

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