Accounting Financial ACC701Individual AssignmentDue Week 9, submit on TurnitinQuestionIn 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, HIH Insurance and One.Tel phone company
1. Write a page paper – Describe details about ABC LEARNING2. Write a page paper – Describe about HIH INSURANCE3. Write a page paper – Describe about ONE.TEL PHONE COMPANY . (ALL THREE COMPANIES)RequiredDiscuss all three companies above and find (via electronic journals) the events that led up to the liquidation. Visit the CPA website; discuss APES 110 Code of Ethics for Professional Accountants. Highlight 5 codes of ethics. Visit the ASIC website and discuss the Listing Rules governing listed companies in terms of corporate governance. Were liabilities a major factor contributing to the liquidation of individual companies?Research RequirementsStudents 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.Presentation2000 + 10%-word short report format. Title page, executive summary, table of contents, appropriate headings and sub-headings, recommendations/findings/conclusions, in-text referencing and reference list (Harvard – Anglia style), attachments if relevant. Single spaced, font Times New Roman 12pt, Calibri 11pt or Arial 10pt.Marking GuideAnalysis 30%Research extent and application 30%Recommendations/conclusions 20%Presentation 20%Total mark will be scaled to a mark out of 30 subject marks.

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