Discuss treatment of intangible assets under IAS 38 Group Assignment GeneTech Ltd is a biological research company that is developing gene technology in the hope of finding a vaccine for skin cancer. During the last financial year, GeneTech Ltd spent $1.2 million on research. The scientists involved in the project believe they may be on … Read more
Effects of Tax on the Sales of Sugar-Sweetened Beverages Effects of Tax on the Sales of Sugar-Sweetened Beverages: Supply and Demand Model Supply and Demand Model is one of the most fundamental concepts of economics, which also sets the primary reference to market economic analysis. Demand can be described as the quantity of a product … Read more
Describe the Customer Relations as demonstrated by E One International Limited I’m doing my placement with a company called E One International Ltd. It is a real estate agency and development of building projects in London. I have to do first assessment which is identification of issues of interest and importance to the placement organisation … Read more
Describing earned value analysis and three methods used to estimate percent completion Submit a short paper describing earned value analysis and three methods used to estimate percent completion. Complete problems 1 and 2 from Chapter 10 in the textbook as examples. Please see attached for pages from the text book and problems 1 &2. The … Read more
What is corporate governance and financial system Question 1: Corporate Governance and Financial System Jason’s grandfather gave him some shares as gifts when he graduated. One of these shares is Commonwealth Bank of Australia (CBA.AX). Jason read some news headlines about CBA’s recent scandal and come across phrases like ‘corporate governance’ and ‘money laundering’. Compose … Read more
Evaluate different depreciation methods that could be used for financial reporting purposes. Q1 PSB8.8 Buttercup Ltd purchased machinery on 1 January 2015, at a cost of $310 000. The estimated useful life of the machinery is 5 years, with an estimated residual value at the end of that period of $40 000. The entity is … Read more
Work out the following accounting tasks Within your firm’s latest annual report (i) From your firm’s annual report find out the asset/s that your firm has tested for impairment. (ii) How did your firm conduct the impairment testing? (iii)Has your firm recorded any impairment expenditures during the period? (iv)Identify the key estimates and assumptions used … Read more
What classes of liabilities are recorded under the classification “Current Liabilities”? Refer to the consolidated financial statements and notes in the 2017 financial report of Wesfarmers on its website, http://www.wesfarmers.com.au/docs/default-source/reports/j000901-ar17_interactive_final.pdf?sfvrsn=4 and answer the following questions: Have the current liabilities of Wesfarmers increased or decreased over the year? By how much? What classes of liabilities are recorded under … Read more
Effects of Impairment expense in a company Please read the relevant footnotes of your firm’s financial statements carefully and include information from these footnotes in your answer. Within your firm’s latest annual report (i) From your firm’s annual report find out the asset/s that your firm has tested for impairment. (ii) How did your firm … Read more
What are the income tax consequences in Australian Law? This assignment consists of two (2) parts. Part A Mrs Brown has been working in Australia in the child care sector as an early childhood educator from 2012. During the 2017 income year Mrs Brown worked as a casual employee with two different employers in the … Read more