Inter to accounting - Research Paper Example

Only on StudentShare

Extract of sample
Inter to accounting

Mutiny Gold Limited is one of the key major players in gold, copper and nickel mining and exploration activities and has great control in this sector. It is a public company which is listed in ASX, and has two main competitors; Kingsgate Consolidated Limited and Eldorado Gold Corporation who will also be analyzed in this report. This report consider the released quarterly activities and cash flow results in the year 2011 and the impact the half year profit result had on the stock prices. In the cash flow report, Mutiny Gold Limited had its net cash flow improve significantly. This made the share prices of Mutiny Gold Limited gain slightly as portrayed by the positive residual over time. Profit announcement Mutiny gold limited as a limited company must always adhere to the capital market regulation. Therefore, it is obligated to provide financial results and report to the shareholders and members of the public. In conformance to this requirement the company on 29th July, 2011 released a report having information about the quarterly activities and a cash flow report. The announcement made through the Australia Security Exchange press made information available to both investors and members of the public. ...
Download paper


Topic: Inter To Accounting Date: Executive summary There has been a lot of arguments, on the effects of public announcement made by companies or release financial information on the impact that such announcements has on market share price of the company…
Author : dario55

Related Essays

Organisational Context of Management Accounting
This paper illustrates that the governance framework of Ivy League University is decentralized where the various departments are separately administered and consolidated centrally for the purpose of financial reporting and regulatory requirements. The university receives research grant funds for which it has a fiduciary responsibility. The revenues from grants and contracts constitute 30% of the total operating budget of the University. The consolidated grant activity is reported other university funds because improper management of grant funds increases the risk position of Ivy. The grant...
9 pages (2259 words) Essay
Advanced Accounting Theory & Practice
By providing the basic structure for each type of financial statements, the standard has become highly essential for lenders, investors, shareholders and regulatory authorities. For that objective, the standard has classified different economic units as assets, equity, liabilities, income, expenses and cash flows. This classification is used to prepare and present different types of financial statements such as statement of financial position, statement of comprehensive income, statement of changes in equity and statement of cash flows. The IAS 1 provides different qualitative characteristics...
10 pages (2510 words) Essay
IFRS and Accounting
This essay approves that management accounting is faced with numerous challenges in its presently uncontrolled structure unlike financial accounting which is administered under the IFRS and other local GAAPs. One notable challenge to management accounting is the subjective approach with which it is inevitably implemented. Management accounting usually involves a cost-benefit analysis whereby the aim is to have the perceived benefits exceed the implementation costs. In addition, although financial measures are typically used to inform management accounting decisions, other measures can as well...
9 pages (2259 words) Essay
The usage of accounting numbers in management compensation contracts
(4 marks) b) Find a company (other than Qantas) which uses accounting numbers in their management compensation contracts. Identify the company and given an example of an accounting number that they use in their management compensation contracts. [NOTE: the company must be an Australian company, currently listed on the stock exchange. You must not refer to any financial statements before 2012. Any references to financial statements should clearly indicate the number of the page referred to.] (2 marks) c) On the 25th May, 2012, Hastie Group Ltd (http:/ advised the market...
3 pages (753 words) Assignment
financial accounting theories in a real life
It is used to communicate various aspects of the business. There are diverse kinds of theories that prevail in financial accounting. It has been observed that there prevails no accounting theory which is a universally accepted theory of financial accounting. Different researchers have dissimilar views regarding financial accounting theories (McGraw-Hill, 2006). There are different types of accounting theories that can be implemented in real life scenario. One of them is the Repo 105 theory. This theory is used by many of the companies. Moreover, it needs to be mentioned that the misuse of such...
8 pages (2008 words) Assignment
Internaional Accounting
Russia borders on the Arctic Ocean, the North Pacific Ocean, and Europe. The neighbouring countries are China, North Korea, Finland, Georgia, etc. (Russia: Introduction n.pag.). It is an independent economy having a budget expenditure of around $372 billion and the unemployment rate being 6.6% (Russia: Statistics n.pag.). In the year of 1990, the economy changed itself from being a centrally planned to that of a free market economy (Russia: Economy n.pag.). FINANCIAL ENVIRONMENT IN RUSSIA\ According to Vladimir Putin, the Prime Minister of the Russian Federation, Russia has been ranked among...
6 pages (1506 words) Essay
Accounting practices
The paper discusses accounting for business combinations.It highlights the differences between 'Pooling method' and 'Purchase method'.The issues plaguing the profession are highlighted by the Exposure Draft issued by the Financial Accounting Standard Board The 'Pooling Method', used at present, imposes added costs to the users and prepares of the financial statements. The allocation of resources is also adversely affected, for want of credible informationю. Researchers have also found that the pooling method is prone to abuses. Despite the original intent of mutual exchange of risks and...
2 pages (502 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!