By:Chan Kwan LoongU025143J Fang WeiweiU025686U Low Lip HenU025695A Ng Cai LingU022299Y Quek Kwang TiU025095N B24 20 march 2003 Contents Report Title2 Main Body 3 thickset of Article 3 insinuate and Evaluation of Major Issues 3 Explanation of Accounting equipment casualty and Data 5 relevance and Limitations of Accounting 6 References 7 Appendix8 Report Title A.Financial method of accounting system reading is frequently used in base and cartridge denominations. Scan the articles in the Business times or strain pages of the Straits times or any business magazine publisher (Far Eastern Economic Review, Business Review Weekly, Fortune). a.Select an article which uses accounting basis and data. b.Summarise the content of the article in star paragraph. Outline the point(s) that the writer is emphasizeing to make by exploitation the accounting footing and data. Include in your answer an commentary of the accounting legal injury used and highlight any relevan cy and limitations of the accounting terms/data. Summary of Article In December 2002, ANZ, NatSteels independent m unmatchedtary advisor (IFA), advised mete outholders of NatSteel shares to sell their shares in the open grocery or to 98 Holdings. This advice was made under the likelihood that the share expense may crash should 98 Holdings fail to coup NatSteel modified or should another bidder join in the battle. In addition, the companys lucre guidance had given the impression that the profit in the pull through six months of the year was only expect to be satisfactory. As a consequence of the above-mentioned reasons, legion(predicate) shareholders sold their shares persist December at a wrong of $2.06 per share.
However, things turned turn out quite differently. On 16 March 2003 Sunday, NatSteel announced that its pre-tax salary were high at $16.1 gazillion and $25.9 million for the first and trice half of 2002 respectively. As a result, the company declared a high dividend of $1 per share. This... Summing the paragraphs with one sentence from the actual text edition ( ... ) is not - what I understand to be - a summary. You could try to say the primary(prenominal) point in your own words. This paper could definitely be developed further, but it provides enough information to be efficacious in some form. Average Job. If you fatality to get a full essay, order it on our website: BestEssayCheap.com
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