Each group will be allocated 5 companies. Your assignment should cover the following points 1. For each company, identify the related parties and the related party transactions (a template is provided for you to also summarize your findings). 2. Critically evaluate each related party transaction and identify those you believe are not at market value. Discuss why you believe this to be the case and the incentives behind such transaction. 3. Are the disclosures consistent with the requirement of AASB 124? Additional information: • While the assignment is largely practical, assignments gaining higher marks will need to refer to academic literature to support arguments, in addition to Internet and practitioner-based literature. These can be located through search engines (e.g. Google Scholar) and the UTS library website
top of page
Search
Recent Posts
See All1. Estimate the costs for the four tires using an activity-based approach. (Hint: You will need to consider how the new information...
870
Background: Clinton and Jennifer Andrews live in Sydney with their two school-age children. They bought their home 15 years ago. With the...
180
Budget profit statement for sales and overheads and information for the preparation of a cash budget
Task 1: INDIVIDUAL ACTIVITY Included in the file are: a summary budget profit statement for sales and overheads and information for the...
180
bottom of page
Comments