ACCT2005: Company’s Accounting Policies - Accounting Assignment HelpDownload Solution Now
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Accounting Assignment Help
The following questions provide guidance for accounting analysis of your allocated company:
1) Identify the company’s accounting policies.
2) Explain if these accounting policies are consistent with the relevant accounting standards. You should refer to five groups of items in the company’s financial statements: assets, liabilities, equity, revenue, and expenses.
3) Identify if there have been changes in the company’s accounting policies. If so, explain the reasons for, and consequences of, these changes. You should express opinion on the appropriateness of the accounting changes.
4) Identify connections between the company’s accounting policies and its strategy as discussed in Report 1 Industry and Strategy Analysis. That is, does any accounting policy support the company’s strategy in any way?
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