Relevant facts to the role of a financial controller of Y Pty Ltd

a.    Relevant facts to the role of a financial controller of Y Pty Ltd
As the financial controller, John has failed in his mandate. It is the role of a financial controller to make everything in the company is running well and should keep on top of the numbers to ensure a better performance of the company.

Political Nature of Setting Accounting Standards

Political Nature of Setting Accounting Standards
Introduction
After the Great Financial Crises (GFC), an analysis focused on the role financial accounting played in contributing to this phenomenon. Interested parties suggest that financial accounting was key when it came to understanding of what caused GFC. Immediately after the signs of GFC, The European Parliament made official its concerns in Feb, 2008.