Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You will need to access both Woolworths Ltd and Wesfarmers to review the information that is provided. Websites as below: httos:wawwoolworthsgroug.com.au.r' httpswwwwesfarmers.com.aul Due Dates: Tasks
You will need to access both Woolworths Ltd and Wesfarmers to review the information that is provided. Websites as below: httos:wawwoolworthsgroug.com.au.r' httpswwwwesfarmers.com.aul Due Dates: Tasks 1-3 October 9'\" Upload by 11.59pm Task 1 (10% Team) 1. Compare the information provided by each company responding to the following questions: a. Does each company provide an armual report, sustainability report, slavery report? Are any other reports provided? b. Do you believe that adequate information is provided in the area of sustainability practices. For example, do they discuss the UN Sustainability Development Principles and how they are addressed by the Company. Justify your view. c. Are the signicant accounting policies adopted by the companies the same? Highlight this for 5 signicant policies discussing differences orfand similarities. d. How many subsidiaries does each company have? What percentage of these are 100% owned? Can you suggest why a company might choose to make a 100% investment given they need far less than this to control a subsidiary's activities. e. Does each company discuss the consolidation process they adopt? Do you think consolidation provides a good overview of the Group? Is this sufcient information for decision making as a primary objective of the Conceptual Framework? Discuss. f. Write a brief comment indicating how easy (or not) it was to access the information you required. Was it easier to access information in one company as compared to the other
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started