ACCM 4600: Banking Royal Commission & Accounting Theory Report

This case study examines the Banking Royal Commission and its effects on Australian financial institutions, banking practices, and mortgage loan departments. It evaluates the commission's rules and regulations, particularly concerning social license, long-term value creation, and impacts on the financial status of the country. The intended audience includes financial institutions, banks, and mortgage authorities. The report identifies the purpose of the Banking Royal Commission as establishing rules and regulations for the banking sector and its clients, employees, superannuation funds, and other financial organizations, with the expectation of a significant impact on banking and financial services. Desklib offers a wealth of similar resources, including past papers and solved assignments, for students seeking to deepen their understanding of accounting theory and practice.

Running head: BANKING ROYAL COMMISSION
BANKING ROYAL COMMISSION
Name of Student
Name of University

1BANKING ROYAL COMMISSION
Full citation of resource
The Federation. (1962). Brief for presentation to Royal Commission on Banking
and Finance. Toronto.
[The Commission]. (1933). Report of the Banking Commission of Maryland.
[Baltimore, Md.?].
U.S. Securities and Exchange Commission. (2005). Banking regulators.
[Washington, D.C.].
Author’s credentials
This article states about the banking royal commission which has impact on the rules
and regulations related with the banking in Australia. The authors also provided in depth
knowledge regarding the Banking Royal Commission’s rules and regulations. The author also
stated about the social license which not only provides the long term value creation and also
they tend to opt for long term value creation.
Author’s intended audience
The audience for the report are the financial institutes, banks and other mortgage
authorities.
What evidence is provided to support the argument/idea? Give specific examples
The specific evidence related to the report is the report of royal commission which
used made to see the impact of royal commission over financial institutes, banking and the
mortgage loan department. And also the impact on the general people regarding this.

2BANKING ROYAL COMMISSION
Does the source raise any questions you need to answer or have connections to other
sources you have seen? (For example, it supports or contradicts them) If so, name the
sources.
The main question it arises are –
How the BRC royal commission will impact on the current financial status of the
country?
What will be the impact of the commission?
Conclusion (overall value of the resource and use in the report)
The purpose of the report are being identified which are towards rules and regulations
related with the bank. The key audience is being referred to the clients of the financial
services of the company, employers of the company, superannuation of the fund and also
other financial organization and institutes. This all are expected to have greater impact on the
banking and the financial services of the company.