Evaluate financial accounting information and standards

This assignment requires a consideration of accounting theory concepts with critical analysis with application to General Purpose Financial Reporting by corporations. Students are required to prepare a comprehensive report directed to an Australian ASX Top 100 listed corporation detailing a critical analysis of the effectiveness of the corporation to meet the obligations of the conceptual framework of accounting. The summary report should include data extracted from the General Purpose Financial Report relevant to the material analysed.
a) Evaluate financial accounting information and standards
b) Describe the various theoretical and philosophical approaches to accounting
c) Consolidate and extend knowledge of the components of financial statements through current accounting issues

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