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Macro-environmental AnalysisCommonwealth Bank is a multinational bank in Australia which has its businesses in many other countries such as the Asia, Europe, United Kingdom, New Zealand and the United States. The bank provides financial services such as funds management, broking services, retail, insurance, investments, business accounts, business loans, asset finance, superannuation and other services. It is one of the largest banking service...

Normalization of Asian Central BankThe normalization policy of central banks refers to the attempt of the banks to reduce size of the balance sheet. To accomplish the objective, the central bank’s target to increase the interest rate from the benchmark level to return the environment of monetary policy before the event of global financial crisis (Reid 2018). Like several other advanced economies, Asian Central Banks are adapting normalizat...

Internal Situational AnalysisThe situation around the IMC issue in CBA can be differentiated into Internal and External situations. Discussed below is the internal and external situational analysis: Brand Image: CBA is one of the oldest established banks in Australia, established more than a hundred years ago (in 1911) and is also among the the oldest banks in the world. The bank also has a global presence with 1100 branches across the wo...

Product Backlog DecompositionTrivago is an international based company dealing with marketing and travel services whose vision is to offer the best hotel, lodging and travel services by giving the priorities to the target customers and offering best offer to the customers in order to become a leading international company (Karumanchi, 2012). In order to present the product backlog there are various activities that will be involved where vario...

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AnalysisThe Commonwealth Bank of Australia is a multinational bank based in Sydney, Australia with its operations spanning across New Zealand, Asia, the United States and the United Kingdom. The bank is not only the largest Australian company listed on the Australian Securities but one of the largest organizations in the Southern Hemisphere. It is a banking conglomerate enjoying strong presence in securities market and insurance sector through...

Discrimination PolicyThe success of the Commonwealth Bank of Australia (CBA) is dependent on all stakeholders both internal and external. Therefore, the adoption of the stipulated code of conducts will help improve the bank’s reputation through guidance and decision making processes. Moreover, this code of conduct is formulated to give guidance to senior management, employees of the bank in carrying out their roles and duties. The bank m...

Potential Utilization of IMC Plan and Recommendation The Commonwealth Bank of Australia (CBA) is considered as one of the biggest banks in Australia. The bank is also a multinational bank with branches in other regions such as the United States, Asia, United Kingdom, and others (Worthington, 2016). According to the 2017 financial report, CBA reported a revenue income of approximately 26 billion dollars which is an increase in its annual rev...

Business Aspects of JB Hi-FiAnalysis of financial reporting of a business has always been a crucial aspect of accounting and auditing studies as the same involves consideration of lots of factors relating to both the business as well as the audit subjects (Griffiths, 2017). The instant report briefly focuses on the case study of JB Hi-Fi Limited, a retail home appliance company based in Australia and its financial reports and auditing proces...

Materiality Concepts in AuditThe primary objective of this study is to consider the audit process with the objective of reviewing the materiality that an auditor should consider while identifying any material misstatement in the financial report. The materiality concepts forms the essential scope of audit since it forms the major factor in determining minor and major financial misstatement that should be considered while carrying out the audit...

BackgroundCases of fraud have become a very complex issue in the age of technology, as well as more and more complex to detect when the fraud collusive in nature, plus performed by senior managers who are liable in hiding the fraud. In this line, external auditors have claimed that the exposure of fraud must not be their accountability. Regardless of the way the fraud is noticeable, it is classically hard for external auditors to detect becaus...

Change conceptPrimary objective of every organization is to move towards growth and expansion along with the long survival in the global market. Growth and expansion objectives are considered as the major part of every organization's long-term vision and these objectives act as the motivation for the organizations in terms of regular updating its strategies and policies so that the right path could be followed in order to reach towards desired...

Overview of Commonwealth Bank of AustraliaInternational commercial banks like Commonwealth Bank of Australia serve millions of business customers as well individual customers around the world. These banks provide gateways for financial transactions worth millions of dollars. The customers in order to conduct financial transactions with CBA input personal data like personal identification numbers. Commercial banks maintain vast databases in whi...

Fundamental Ratios for National Australian Bank CompanyIn this report, financial management analysis tools have been used to analysis the business. It is observed that there are several financial tools such as ratio analysis, capital structure analysis, and capital budgeting analysis top down analysis. In this report, National Australian Bank Company has been taken to prepare this report.  This report emphasises upon the financial perform...

Integrated Reporting1. There are several companies listed on Australian Stock Exchange and are widely established but the company selected for the assignment is iselect limited . It was founded in year 2000 and has its headquarters located in Australia . It basically deals in providing expert advice relating to insurance and utilities and finance sector. Besides providing services it is also engaged in marketing and selling of various items unde...

Answer: 1. ASX Corporate Governance Principles of OZ Minerals  Lay solid Foundation for management and Oversight: The board is responsible for supervision of the management of the company and the board is committed towards setting and implementing high ethical standards with a view to of creating and delivering value for the shareholders(Beekes, Brown and Zhang 2015). The board of has adopted a system of internal control, risk manag...

Definition of Money LaunderingThe operation of the banking industry needs to be done with the help of the regulation related to anti-money laundering where the banks are functional within the countries. This is due to the challenges that are being faced by them from the customers, FATF, governments and supervisors for identification of the risks and managing it in a proper manner. This has to be done so that the penalties for financial reputat...

Adherence to GPFR and Its ObjectivesConsidering the present status of corporate, for a company to sustain and grow in the market, adherence to the GPFR and its objectives, and compliance with the conceptual framework of accounting is important. This helps stakeholders in appropriate making and taking of decisions. It also enhances a company’s reputation. Adhering to the conceptual framework of accounting also helps in framing necessary m...

Corporate Legal Issues facing Crown Resorts LtdThe directors of the organization have certain responsibilities that help them in acting in the best interest for the company. Section 180 (1) of the Corportaion Act (Cth) says that the directors along with the officers of a particular company has to organize diligence and care with respect to the operations that are being carried out within the organization. The diligence and care can be evaluate...

Background of the companyWoodside petroleum limited is the gas and oil company from Australia with the global recognition and presence for the exceptional capabilities as the developer, supplier, producer and explorer. It is the largest publicly traded gas and oil exploration company in Australia. The company has their main office in Perth, Australia. However, they have various other offices all over Australia. Global exploration portfolio of ...

About Westpac Banking CorporationWestpac Banking Corporation or Westpac is an Australian bank and a financial service provider. It has its headquarter in Westpac Place, Sydney. This bank is ranked second amongst the big four banks of Australia. According to report of 2015 Westpac is having 13.1 million customers along with being the Australia’s largest branch network having about 1429 branches and 3950 ATM’s all across Australia. The...

Stakeholder analysisThe report is prepared to discuss the various aspects of ethical concerns related to the different types of situations within the organization Bank of America in UK. The company happens to be inclined properly with the values and ethics of the organization and so it has maintained a good culture and ensured successful business functioning as well. To demonstrate the ethical concerns, the topic will illustrate the environmen...

Violation of ethical standards in sharing client information1.In this scenario, the ethical requirements of the APES 110 are been violated because the professional ethics never permit the company to disclose any of the information that are gathered while auditing and security procedures regarding any client without his permission (Trevino and Nelson 2016). The Mortdale accounting company has organized audit of different public companies and f...

Identification of Organisation and its CSR and Sustainability PoliciesThe aim of this paper is to discuss the operation of one of the largest banks of Australia named Commonwealth Bank of Australia and its CSR policies. This paper will be analysing Identification of Organisation, their CSR and sustainability policies. This will analyse the CSR policies in depth and find out very aspects of its utility. This paper will also point out the facili...

Commonwealth Bank's Key StakeholdersAuditing can be considered as an important process of the companies as it helps in showing that whether the financial statements of the companies are free from material misstatements or not (Louwers et al., 2015). Auditing can be defined as the set of activities for on-site verification like the inspection and examination that the auditors conduct. It needs to be mentioned that there are certain objectives o...