Case Study of Treloar Decision

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Financial management

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Table of Contents
Introduction......................................................................................................................................3
a) SAC 1 and Reporting Entity.......................................................................................................4
SAC1:...........................................................................................................................................4
Reporting Entity:..........................................................................................................................4
Case Study Analysis of Treloar...................................................................................................4
b) Financial Statement and its types................................................................................................5
Types of financial statements (AASB 1053)...............................................................................5
Case Study Analysis of Treloar...................................................................................................6
c) Stakeholder Theory......................................................................................................................6
Stakeholder Theory meaning and Definition...............................................................................6
Key stakeholders of the Treloar...................................................................................................7
Decision for Treloar influences the stakeholders identified in the case study.............................8
d) Concept and Importance of Going Concern................................................................................9
Preparation of financial accounts, and consequences................................................................10
Case Study Analysis of Fair Go Foundation (FGF)...................................................................10
Conclusion.....................................................................................................................................11
References......................................................................................................................................12

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Introduction
The following report has been prepared with an aim to gain an understanding about the modern-
day accounting and business issues prevailing at the global scale in the organizations. For the
purpose, this report critically analyses a case study of a bus service provider named Treloar
Buses Pty Ltd, based in Victoria (Australia). Using the concepts of The International Accounting
Standards Board, the report provides an opinion regarding whether Treloar was a reporting
entity, explains the meaning and type of financial statements, and applies the stakeholder
theories to the company.