Bottom-line Term Papers Samples For Students

Introduction

Corporate social responsibility is the main topic of this paper and from our class notes the definition of corporate social responsibility is the process in which organizations take responsibility for the impact of their activities on all members of the organization. These members may include employees, customers, suppliers, shareholders, communities and a wealth of other vested individuals. The corporate social responsibility extends also to the environment. In this vein the direction is not on legal statute responsibility but the voluntary steps to do the right thing by corporations. These steps help to improve the quality of life for employees ...

Accounting Standard followed by the company

i) General Mills Inc:

Referring to Note 1 of the financial statement, we notice that General Mills Inc follows Generally Accepted Accounting Principle(GAAP).

ii) Meiji Holdings:
Referring to the Note 1 of the consolidated financial statements, we find that Meiji Holdings are following Generally Accepted Accounting Principle(GAAP) in Japan. In addition, the company specifically declares that the consolidated financial statements of the company are not prepared in accordance with GAAP standards prevalent in countries or jurisdictions other than Japan.

Accounting Standard followed by the auditors

i)General Mills Inc:
Referring to the report of external auditors, we find that the consolidated financial statements of the company have been audited by KPMG LLP using standards of Public Company Accounting Oversight Board(United States). The ...

Introduction

The bank of Queensland was instituted in 1874 as the first permanent building society in Queensland, Australia. Initially, it was being operated as Brisbane Permanent Benefit Building and Investment Society. This society was later incorporated in 1887 and then got amalgamated with the City and Suburban Building Society in 1921. Later on in 1931, it was again amalgamated with Queensland Deposit Bank. It received a license to operate as a trading bank in 1942. The bank computerized its operations in 1970 and then underwent a series of transformations that included changing its name to bank of Queensland. The bank was first listed ...