We can work on Report of a company

use the company annual report for 2020 or 2019
this link should be your sources 🙁 https://thea2milkcompany.com/wp-content/uploads/The-a2-MilkCompany_FY19-Annual-Report_double-pages-1.pdf )
answer this two questions :
1- a) Define/explain the following four listed Australian Accounting Standards
(AAS)
• AASB101 – Presentation of Financial Statements
• AASB 102 – Inventories
• AASB 116 – Property, Plant & Equipment
• AASB 118 – Revenue
b) for each AAS in (a) identify the report that they would appear in (income statement, balance sheet or cash
flow). Note: You must locate and Identify where the 4 AAS are located within the Annual Report (Provide a
screen shot for your report).
2- Does the company have an audit committee? What is its purpose?

Sample Solution

Culture Shock Social Shock 1 Cultural Definition Culture As the most entangled term, there are endless definitions communicating society as ‘here’ from confounded expressions to basic sentences. A broadly utilized social definition is Meads (1951), “An assortment of learning conduct, convictions, customs, and conventions learned by individuals entering society, shared by individuals ‘s gatherings” (J oynt and Warner) , 1996, P. Today, social stun has numerous definitions. The expression “social stun” was initially referenced in the writing by Kalvero Oberg in 1960. In his article, he characterizes “social stun” as “the agony experienced by voyagers because of the loss of all notable signs and images of social cooperation” (Selmar, 1999), p. 517). These signs and clues incorporate 1000 different ways that individuals position themselves in regular daily existence. Auberge referenced at any rate six parts of social stun. It can take a long time to grow, however it regularly influences explorers and removed individuals in startling manners. Social stun not exclusively is curious about with normal practices and new nourishments, it regularly influences explorers much in the wake of acquainting themselves with new societies. Taking an interest staff are headquartered in North Carolina and incorporate Americans living in the United States now and numerous Americans who have invested a great deal of energy in different nations. This article contains staff knowledge into the experience of the social stun stage. Gaining from social standards to new nourishments in new nations can be an unpleasant encounter. Social stun is regular to global understudies. Social stuns incorporate experiencing new individuals, language hindrances, social conduct, and bringing issues to light of neighborhood networks. The solace of the understudies in the new family culture can decide their learning experience. It might be an enthusiastic thrill ride away from loved ones. American culture is hard to comprehend. Global understudies discover Americans befuddled. The normal practice relies upon the nation where the individual lives>

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