Accounting Analysis Of Virgin Blue

Essay specific features

 

Issue:

Business

 

Written by:

Zelma B

 

Date added:

December 8, 2012

 

Level:

University

 

Grade:

 

No of pages / words:

7 / 1712

 

Was viewed:

1602 times

 

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Essay content:

On examination, most of the policies between the companies were very similar to each other , leading us to believe that these policies are an industry norm. From the accounting policy examination, certain areas were highlighted for potential data manipulation and the following accounting adjustments performed when any significant issues were discovered...
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In short, the provision went from an average of 4.5% over the last three years to 1.9% in 2008. For this reason, VBA’s account receivable has been adjusted by a further 1.9% to keep this in line with prior years. Revenue: Due to increasing overheads such as fuel and a slowing economy, REX would benefit from inflating their revenue figures to increase their net profit and investor return...
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