Highlights
Part A: Qualitative analyses (650-750 words)
1. Accounting Policy
Dealing with the accounting consequences of the COVID-19 pandemic requires Qantas to review the application of some of its usual accounting policies and practices or consider implementing new accounting policies.
Required:
Review Qantas’s accounting policies and notes to the statements, identify and discuss TWO key financial reporting areas that could considerably impact annual financial statements due to the COVID-19 pandemic. Your discussions may refer to accounting standards where relevant.
2. Corporate Governance
Increasing diversity remains a topical issue in corporate governance.
Required:
a) Critique the academic literature that investigates the diversity issue on corporate boards and, where relevant, the board committees (that is, the audit, nomination, and remuneration/compensation committees), and summarise your findings. While your literature search should be global, there should also be a strong focus on Australian-based research findings. You must cite at least (six) 6 academic references in this section.
b) With regard only to the Qantas board and its committees, describe the diversity recommendations you would make for Qantas
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