Utilitarianism theory and its implications on the ethical issue Over the years, it has been seen that the Universities collect the data of its students to use it for a number of purpose. These purposes might include analyzing the swipes of the student ID cards at the different locations of the campus to know about the routine activities of the student as in University of […]

Evaluation of Non-Current Assets In this report, the performance of the company Oil Search will be evaluated in terms of several assets, liabilities, leases and revenues. The company oil search is associated with the business of oil exploration and production in Australia and had recorded a total production of 30.3 million barrels of oil. This company had also managed to increase its net profit by […]

Overview of Retail Chains: Aldi Supermarket, Bing Lee, Big W, Coles, Chemist Warehouse, IGA, Harvey Norman, and JB-Hifi Aldi is name of a brand which is common among the two large supermarket based chains that operate in around 20 countries with more than 10,000 stores. The total turnover which is generated by the companies in a combined manner is greater than 50 Billion Euros. The […]

International currency market movement International currency market movement Deriving an accurate prediction of the currency market movements and activities can be extremely difficult given the numerous fluctuations and varied externalities (Salisu, Oyewole, & Fasanya, 2018). Notably, there has been a drastic change in the currency market movements and activities from January 2nd, 2018 to August 31st, 2018. For instance, the Euro has recorded drastic improvements breaking […]

Background The current paper has been prepared for the purpose of recognising any noteworthy accounting problems that requires to be examined with regards to Myer Holdings Limited. The company is a high-end chain store in Australia trading with varied commodities such as- outfit, accessories, footwear, home ware, fragrance, books, stationery, food and other grocery products (Myer 2018). The study would focus on discovering the proofs […]

Resignation and Incorporation of a New Company for the Block Chain Business Issue There are two issues involved in this case. The primary issue is to determine whether Marlow can resign from Clear Vision Limited and incorporate a new company to conduct the block chain business. The secondary issue is to determine the changes in the advice if their constitution contained a clause identical to […]

Managing Earnings at WorldCom Part (a): Ways through which senior managers at WorldCom managed earnings: Scott Sullivan, the Chief Financial Officer of WorldCom, has distorted the earnings of the organisation by breaching two primary accounting rules, which include capitalisation and accruals. Moreover, the senior managers had overstated the pre-tax earnings of the organisation by disclosing the accrual balance to the profit and loss statement and […]

Background of Teys Australia The purpose of this report is explain different aspects of operations management in the business. An Australian food manufacturing organization Teys is taken in the given scenario. The chosen product is meat for the business. The scope of the project is to evaluate the importance of operation management process in the business. The report defined the house of quality framework and […]

Permanent Establishment and its concept Answer to A: A permanent establishment refers to the fixed place of business that usually results in increase income for the value added liability of tax in a specific jurisdiction (Sadiq et al. 2013). The concept of permanent establishment explains that the profit of a company of one contracting state is considered for taxation purpose in other state. Answer to B:  […]

General Purpose Financial Statement The set of financial statements including balance sheet and income statement is called as general purpose financial statement as it includes basic financial information that can be used by various users like creditors, investors, lenders and stakeholders (Henderson et al., 2015). It can be identified that out of total assets 32.09% consists of current assets and 67.91% consists of non-current assets. […]