a) Explore the relationship between the notions of public interest and decision usefulness of accounting information with the help of research articles. Discuss how, and to what extent, the current environment due to COVID-19 has impacted the decision usefulness of accounting information? (Use at least five research articles from academic/professional journals.)
b) Critically discuss, with reference to the relevant accounting standards the impact of the current environment due to COVID-19 on the recognition and disclosure of the following accounting items:
i) A deferred tax asset and a deferred tax liability
ii) Identifiable Intangible assets
iii) Goodwill on Consolidation
iv) Impairment of non-current assets
c) Zack Ltd holds 30% of the shares issued by Rambo Ltd. The other shareholders come from mixed backgrounds, but each holds on average 10% of shares in Rambo Ltd. Only three of the other shareholders have an interest in the management of the company. There are seven directors of Rambo Ltd. Four of these are appointed by Zack Ltd. The other three directors are appointed by the three other shareholders who have an interest in the management of the company. Most of the remaining shareholders live outside Australia and rarely attend annual general meetings of Rambo Ltd unless they have other business to attend to in the country around the same time as the annual general meetings are held.
Discuss whether a parent-subsidiary exists between Zack Ltd and Rambo Ltd using the guidance provided by AASB10/IFRS10 “Consolidated Financial Statements”. Please provide a conclusion at the end of each part of your assignment
The post the notions of public interest appeared first on Homework Aider.
What Students Are Saying About Us
.......... Customer ID: 12*** | Rating: ⭐⭐⭐⭐⭐"Honestly, I was afraid to send my paper to you, but you proved you are a trustworthy service. My essay was done in less than a day, and I received a brilliant piece. I didn’t even believe it was my essay at first 🙂 Great job, thank you!"
.......... Customer ID: 11***| Rating: ⭐⭐⭐⭐⭐
"This company is the best there is. They saved me so many times, I cannot even keep count. Now I recommend it to all my friends, and none of them have complained about it. The writers here are excellent."
"Order a custom Paper on Similar Assignment at essayfount.com! No Plagiarism! Enjoy 20% Discount!"
