Accounting financial acc701 - was liabilities a major


Question

In recent years a number of companies have gone into liquidation (been 'wound up') because they have not been able to meet their liabilities when they fell due. In Australia, there are some well-publicised examples such as ABC Learning, IIIH Insurance amd One. Tel phone company

Required

Use the companies above and find (via electronic journals) the events that led up to the liquid(u1 on. Discuss the ethics and governance in explaining the company's financial stress. Was liabilities a major factor contributinng to the liquidation of the company?

Research Requirements

Students need to support their analysis with reference to relevant material from the text and a minimum of eight (8) suitable, reliable, current and academically acceptable sources - this should include at least 2 peer-reviewed academic journal articles.

Presentation
2000 + 10% word short report format. Title page, executive summary, table of contents, appropriat headings and sub-headings, recommendations/findings/conclusions, in-text referencing and reference lisp (Harvard - Anglia style), attachments if relevant. Single spaced, font Times New Roman 12pt, Calib 1 1pt or Arial 10pt.

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Financial Accounting: Accounting financial acc701 - was liabilities a major
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