...REPORT ON BUSINESS CONSEQUENCES OF NATURAL DISASTERS FOR THE BOARD OF DIRECTORS OF MILLEY LTD Bachelor of Professional Accounting Macquarie University Sydney, Australia 2011 Submitted to the Faculty of Busines and Economics of Macquarie University in partial fulfilment of the requirement for ACCG 224 April, 2011 Word Count = 1484 Table of Contents CONTENTS page Executive Summary Table of Contents Introduction Discussion 1.Research and report on the floors in Queensland 2 Discuss six items 2.1 Items of inventory destroyed or damaged 2.2 Collectability of accounts receivable 2.3 Unfulfilled contract to supply books 2.4 Replacement cost of damaged PP&E 2.5 Cleaning up costs in May 2011 2.6 Receiving Government Assistance Conclusions Recommendations References Appendices EXECUTIVE SUMMARY This research report provides an analysis and evaluation of the current state of Milley Ltd which is a book publisher located in Brisbane. The company's office and warehouse suffered damage during the recent floods and storms. The circumstance resulted accounting issues about the presentation of financial reports for the year ending 31 March 2011. Methods of analysis include background reflection...
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...1. Summary of activities and strategies of David Jones David Jones Limited trading as David Jones and listed on the Australian Stock Exchange is a high end department store chain. The principal activity for David Jones is retailing of different brands under various categories such as fashion, cosmetics, home wares and electronics. David Jones retails its products via departmental stores and have recently transformed itself as an Omni Channel Retailer taking advantages of on-line retailing as a strategy to compete globally. Further, David Jones also has a financial services activity through alliance with American Express. 2. Strategies David Jones had developed and implemented their strategic direction plan in March 2012 and is seen to have remarkable progress on its plans addressing the challenges and having intentions of growing via its three point strategy as follows: A. Addressing Retail Structural Changes David Jones is noted to have invested resources to transform itself from a ‘brick and mortar’ retailor into Omni Channel Retailor. This strategy is implemented as a result of the changing face of traditional retailing into online in the trend to globalize the retailing sector. B. Strengthening Core Business David Jones strive to strengthen its core business via investments into better customer services and engagement. This was noted by better inventory management and investment in technology through the roll out of new POS (point of sales) systems to its...
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