Unit code: ACC204 Unit title: Advanced Financial Accounting The following question includes two theoretical questions and 4 practical questions, please answer all of them. If needed please use Harvard referencing style. There is no word limit, but it is necessary that you provide answers with explanations. Part A - THEORETICAL QUESTIONS Theoretical Question One (2 marks): [...]
Task Question 1 Sunshine Ltd acquires an item of machinery on 1 July 2011 for $420000. When the asset is acquired, it is considered to have a useful life for the entity of six years. After this time, the machine will have no residual value. It is believed that the pattern of economic benefits would best [...]
Sunny Days manufactures swimwear and beach accessories for men and women. They operate out of rented premises in Currumbin Creek Road where the factory is split into a manufacturing and storage area and a retail space. The business produces 4 products: One-piece swimsuits for women Board shorts for men Beach Towels Beach Umbrellas You, as the management [...]
You are required to calculate key financial ratios for an ASX listed company and its competitor and interpret this information in the context of your allocated competitor company over time.You will be allocated two ASX listed companies to study for this assessment. You must do your allocated companies in the order they are allocated to you. [...]
Case Study Sam Walton and John Walton are two brothers who run their father’s 20-year-old business “Walton Brothers Auto Solutions”. They have two divisions in their business. Sam looks after the workshop, where they service new and used cars. Second division of business is retail of automotive parts, which is looked after by John. Retail shop [...]
Question 1 (25 marks) Jeff owns a business which makes and sells a well-known brand of peach brandy (“the Business”). Jeff holds a business name, and a trademark for a logo, associated with the Business’s brand of peach brandy. The Business sources fruit from local producers. The Business is operated on land which is also owned [...]
REQUIREMENTS: One of the main objectives of the adoption of the International Financial Reporting Standards (IFRSs) is to assist users to make a comparison about the financial performance of companies from different countries. Choose two companies from two different countries which adopted IFRSs and access their latest annual reports. Based on the information in annual reports: [...]
Assessment Task: In the file “Find Your Company” you will find the listed company you have been given for this course. This file will be made available on . Complete this assignment for the company you have been given. Please be careful to use the listed company you have been given. Your assignment will not be marked [...]
Code: FNS60215 Subject: Advanced Diploma of Accounting Assessment 1 Part A – Written or Oral Questions 1. a. What is the financial risk? (1 mark) Financial risk can be referred to the possibility that shareholders or relevant business stakeholders may face monetary loss when investing in a debt-ridden company and cash flow of the organisation fails to meet [...]
Instructions: Download and critically analyze an academic article written by Daniel Hood. This article can be found in the Torrens University library using the following citation: Hood, D. (2018), Brace yourself for AI & blockchain: There's less threat and more opportunity in emerging technologies than many think Accounting Today. Vol. 32 No. 1, p1-31.3p, Database: Business [...]