Tamawood Ltd & Lendlease Group
Compliance with AASB
Executive Summary
Lendlease Company was established in 1958 by G K Dick with the object to run the company in a profitable and ethical manner. This Construction Company is one of the Largest Listed Multinational Companies in Australia. It is a much diversified company not only by the variety of services it provides but also geographically.
Another well-known Construction Company which is shaping Australia in a rather beautiful way is Tamawood Limited. It was formed in 1989 with four staff affiliated with five builders. It is known for providing beautifully architect-inspired and designed homes. It calls itself ‘system company’ and not just home building company.
Table of Contents
- Introduction 2
- Compliance with Conceptual Framework and Australian Accounting Standards 3
- Comparison of annual report of the Tamawood Ltd and Lendlease Group with regard to the disclosures and standards 10
- Inclusion of Prudence in Conceptual Framework 11
- Conclusion 12
- Reference 13