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Report : Contemporary Issues in Accounting

   

Added on  2020-12-29

9 Pages1983 Words294 Views
Calculus and Analysis
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REPORT- CONTEMPORARYISSUE IN ACCOUNTING
Report : Contemporary Issues in Accounting_1

Executive Summary-Conceptual framework is utmost important to be followed by company in order toprepare accurate and reliable financials. The rules set under AASB standard are followed byAustralian firms. It will be discussed with reference to annual report of Arena REIT whetherfollowing all guidelines or not. Abstract-The accounting standards are to be recognised and identified by organisation. Conceptualframework will be provided which will enhance rules provided under AASB with reference topreparation of financial statements and also qualitative characteristics of information will beexplained. The conceptual framework is beneficial for company as it leads to provide fruitfulinformation to firm's stakeholders for decision-making serving their individual purpose.
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Table of ContentsMAIN BODY...................................................................................................................................1INTRODUCTION...........................................................................................................................1ANALYSIS......................................................................................................................................1CONCLUSION................................................................................................................................4RECOMMENDATION...................................................................................................................4REFERENCES................................................................................................................................6
Report : Contemporary Issues in Accounting_3

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