Questions from General Accounting

Q: Describe how accounting information helps shareholders and lenders to make decisions concerning

Describe how accounting information helps shareholders and lenders to make decisions concerning the operations and performance of an entity.

Q: Go to the IFRS Foundation website, www.ifrs.org

Go to the IFRS Foundation website, www.ifrs.org. Select ‘Around the world’ then ‘Use of IFRS standards by jurisdiction’. Comment on the jurisdictions that have adopted IFRS. Which countries are yet to...

Q: Sustainability accounting is a very important and huge growth area of accounting

Sustainability accounting is a very important and huge growth area of accounting. Discuss the different stakeholders (and their information needs) that would be interested in sustainability reports.

Q: BHP Group Ltd includes a sustainability report in its annual report.

BHP Group Ltd includes a sustainability report in its annual report. What key performance indicators (KPIs) are included in this report? Explain the different stakeholders that would be interested in...

Q: Download the report Triple bottom line reporting in Australia at www.

Download the report Triple bottom line reporting in Australia at www.environment.gov.au/archive/settlements/industry/finance/publications/indicators/pubs/indicators.pdf. This guide puts forward a meth...

Q: After successfully running her SME recruitment agency for a number of years

After successfully running her SME recruitment agency for a number of years, Angelica feels it is now time to expand. Her friends in business have told her to ‘get big or get out’. One of the options...

Q: Go to the CSR Ltd website (www.csr.com

Go to the CSR Ltd website (www.csr.com.au) and locate the segment report in the company’s latest financial statements. (a) What do you think is the purpose of the segment report? (b) What operating se...

Q: Refer to the latest financial statements for JB Hi-Fi Ltd

Refer to the latest financial statements for JB Hi-Fi Ltd. (The notes to the 2018 consolidated financial statements of JB Hi-Fi Ltd appear in the appendix to this text and the statements are available...

Q: In Amcor’s 2017 GRI Report, CEO Ron Delia stated that ‘

In Amcor’s 2017 GRI Report, CEO Ron Delia stated that ‘with our global scale, strong relationships and collaborative approach, Amcor is making improvements and breakthroughs that are raising the envir...

Q: Go to the Tableau website (www.tableau.com).

Go to the Tableau website (www.tableau.com). Select ‘Products’ and ‘Tableau Desktop’. Summarise the main features of ‘Tableau Desktop’ and how it can assist accountants in their daily tasks.