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Est1 Task 1

632 Words3 Pages

Task 1
My chosen organization is Standard Chartered Bank this is the Public Limited Multinational banking and financial services, the head quarter of this company is in London. It can operate networks of more 1,700 branches and outlasts across other than 70 countries in the world. It is the Universal Bank with operations in buyers’ trade and influential banking and treasury facilities. And can find about the company in this website www.sc.com (Standard chartered, 2014).
To produce a report to show the required content of the company’s policies, based on the Company’s Act.
Directors’ remuneration policy
Is one of the policies that govern the amount of income inform on share that is taken or given to shareholders and even others such as non-executives …show more content…

(iasplus.com, N.d)
International accounting standard 28 (IAS 28) Investment
This standard governs accounting for investments on associates. An associate refers to an entity for an investor to have a significant influence and have the power to participate on the operating and financial policy decision of the investee. (iasplus.com, N.d)

Task 3
When the company is working on financial statements are different ways, among them must take that statements see the standards essential. Entire work needed be directive and the evidence is needed to be open, steady and trustworthy. The evidence is going to help to understand in deepness how it is to approach its events in the coming days; how can it organise future cash flows, this is going to give highpoint the company’s financial stage. These are all crucial sides the company is looking up on showing the statements and are alert that all the records collected must be correct. The shareholders, managers and accountants will trust on this evidence to make proper protections for the coming

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