logo

Assessment of the Quality of Financial Reporting by REA Group Limited

   

Added on  2019-09-30

10 Pages2048 Words142 Views
 | 
 | 
 | 
Running head: ISSUES IN CONTEMPORARY ACCOUNTING THEORYIssues in Contemporary Accounting TheoryName of the Student:Name of the University:Author Note
Assessment of the Quality of Financial Reporting by REA Group Limited_1

1ISSUES IN CONTEMPORARY ACCOUNTING THEORYTable of ContentsIntroduction......................................................................................................................................3Objectives of the general purpose financial reporting.....................................................................3Have the target audience adequately used the report?.....................................................................5Recognition criteria for the elements of the financial statements....................................................6Fundamental qualitative characteristics of financial reporting........................................................6Enhancing qualitative characteristic of the firm..............................................................................7Conclusion.......................................................................................................................................7References and Bibliography...........................................................................................................8
Assessment of the Quality of Financial Reporting by REA Group Limited_2

2ISSUES IN CONTEMPORARY ACCOUNTING THEORYExecutive SummaryThis particular study focuses upon the Australian corporate entity, REA Group Limited.The annual report of this particular entity for the financial year of 2017 has been evaluated inorder to find out the fact that whether financial statements satisfy the required objectives offinancial reporting, whether the company has satisfied the criteria of recognition in regards tothe particulars of the accounting statements and other associated factors. It has been found out that the management of the company has prepared the accountingstatements of the corporate firms in regards to the issued standards of the regulatory bodies likethe Australian Accounting Standards Board.
Assessment of the Quality of Financial Reporting by REA Group Limited_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Assessment of REA Group Limited's Annual Report
|11
|2122
|464

Analysis of REA Group Limited's Compliance with Australian Accounting Standards
|11
|2122
|150

Accounting Report Evaluation: REA Group Limited
|11
|2234
|496

Contemporary Issues in Accounting - A Critical Analysis of AGL Energy Limited
|17
|2261
|331

Contemporary Issues in Accounting
|11
|2099
|415

Contemporary Issues in Accounting: Adherence to Conceptual Framework and Qualitative Characteristics of Financial Reporting
|14
|2325
|88