The report comments on whether social accountability will be considered as part of the objective of GPFR. It further focuses on the importance of developing and establishing the AASBs for the business practices carried in Australia. The report takes into consideration the annual report of Coca Cola Amatil and highlights the information provided by the company in its annual report. Moreover, the report explains the disclosure requirement for manager’s benefit and focuses on the reaction of investors regarding the information disclosed in annual report.

Report

Instructions for the submission of the report: This is an individual assignment with a word limit of 1500 words. The report should be submitted in a Word document and must include the electronic Assignment Cover Sheet. The due date for submission is 5pm on Friday 21 September 2018.

Report emphasizes AASBs' significance in Australian business practices, using Coca Cola Amatil's annual report as an example.

Financial Reporting and Analysis - Desklib

Financial Reporting and Analysis

In this document we will discuss about importance of social accountability and below are the summary points of this document:-


	
	The purpose of the report is to provide the comments on importance of social accountability as part of the GPFR objective.
	
	
	Further, the report will focus on the importance of establishment and development of AASBs or the business practices in Australia.
	
	
	It will further highlight the types of information provided in the ASX listed company Myer Holdings Ltd. and the incentives disclosures required by the entity.
	
	
	It will further state the impact of information provided in annual reports of the company to the investors. 
	


Finance

Importance of Social Accountability in Australia

This report discusses the requirement of general purpose financial reporting under AASB's conceptual framework and the establishment of AASBs for Australian entities. It also analyzes the financial report of David Jones Ltd and the disclosures required for executive remuneration.

Financial Reporting

This document discusses the main objectives of conceptual framework in accounting, the advantages and problems associated with it. It also explores the objectives of general purpose financial reporting (GPFR) and the principle of prudence in accounting. Additionally, it explains the concept of substance over form in accounting.

Accounting Theory and Contemporary Issues

ACCOUNTING THEORY AND CONTEMPORARY ISSUES 5 ACCOUNTING THEORY AND CONTEMPORARY ISSUES Accounting theory and contemporary issues Name of the student Name of the university Student ID Author note Answer 1 2 Answer 2 3 Answer 3 3 Answer 4 4 (a) Substance over form 4 (b) Faithful representation 5 Reference 6 Answer 1 Role of conceptual framework – purpose of conceptual framework is to help the IASB is developing along with revising the IFRSs on the

Financial Reporting and Analysis

Importance of Social Accountability in Australia

Financial Reporting

Accounting Theory and Contemporary Issues

Accounting theory and contemporary issues Name of the university Student ID

Report on Critical Analysis of PPE

Contemporary Issues in Accounting: Doc

Financial Reporting and Analysis

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Report on Critical Analysis of PPElg...

Contemporary Issues in Accounting: Doclg...

Importance of Social Accountability in Australia

Financial Reporting

Accounting Theory and Contemporary Issues

Accounting theory and contemporary issues Name of the university Student ID

Report on Critical Analysis of PPE

Contemporary Issues in Accounting: Doc