How and Why Women Got the Right to Vote in Britain

How and Why Women Got the Right to Vote in Britain In 1906 the Liberal Government swept the opposition to one side as they moved into power in a landslide victory at the general election. This gave birth to a new dawn of hope to women the length and breadth of the country as the new Prime Minister, Sir Henry Campbell Bannerman, was in support of the vote for women. Two years later this bright horizon was clouded as Bannerman steps down from the spotlight to make way for Herbert Asquith, who is set against votes for women and claims that there is little support for the idea but asks women to prove him wrong. It is certain the change in the countries leaders left a bitter taste in the mouth of all†¦show more content†¦Hundreds of women behind bars went on hunger strike in order to force the government into making a move, so the government moved. All those prisoners refusing to eat had their options removed and they were force-fed by groups of anti- suffrage prison workers. In an attempt to stop the WSPU hitting the front pa ge by going on hunger strike, the Government filled the papers with pages of death and violence. A number of women were killed whilst being force-fed as the tubes for filling their stomachs against their will were accidentally forced into the womens lungs which then pumped them with whatever was on the menu that day. A slow and painful death would surely create a massive feeling of sympathy towards the victim who would never have the chance to reap the rewards. Whilst members of the WSPU were suffering inside prison, those on the outside put a stop to the violent demonstrations when Asquith agreed to produce a Conciliation Bill giving women the vote. After doing well in the house of commons Asquith stalls the Bill, an act the lead to Black Friday as members of the WSPU fought the police on the streets and were arrested, beaten and raped. Asquiths deceit, the WSPUs impatience and the police forces hideous brutality had led to scenes of sickening violence and abuse that could have bee n so easily avoided. A year later in 1911 the WSPU again call for a truce in theShow MoreRelatedFactors Leading to Womens Suffrage Essay1089 Words   |  5 Pagespersonally think that it was not only the war that got women the vote, but it was a large factor. An argument against this is that other issues post war and suffragette activity that gained women the vote. When war broke out it had a huge impact on Britain economically and politically. Industry Trade Unions became extremely powerful and a woman voting was at the bottom of the government’s list of priorities. During the war, women played a huge part and showed great patriotic Read MoreHigher History Women1700 Words   |  7 PagesModel Answer Changing attitudes in Britain Society towards women was the major reason why some women received the vote in 1918. How accurate is this view? During the 1900s, many women were beginning to stand up for themselves and no longer wanted to be inferior to men. Prior to 1918, women were disrespected and under - valued in society. There was a change in attitudes towards women as the image of the New Women began to arise. They were becoming involved in various different jobs, having theRead MoreThe Change in Social, Economic and Political Positions of Women in Britain1312 Words   |  6 PagesEconomic and Political Positions of Women in Britain Between 1900 and 1929 there were many changes to the rights and laws regarding women. For a long time women were treated as the property of their fathers and husbands because men were seen as the superior race, but women didnt like this and some started to demand change. There were many social and economical changes for women during this time. There were changes at the factories where women worked because the conditionsRead MoreThe Industrial Advances Of Europe During The Nineteenth Century926 Words   |  4 PagesAt the start of the twentieth century, Europe was emerged in a crisis. Britain and France were almost at war and tensions between the Western nations were rising (Civilizations 541). Despite these negativities, Europe was advancing in new technologies making manufacturing goods easier and more efficient. Along with technological and industrial advances came wars, movements, and idealism. Europe suffered greatly between 1870-1920, but also made revolutionary advances. Following this further, someRead MoreEssay about Why Women Gained the Vote in 19181224 Words   |  5 PagesWhy Women Gained the Vote in 1918 In 1918, women had finally gained the right to vote, after 68 long and hard years of campaigning and rebelling they finally got the vote they wanted. The women had tried everything like campaigning, getting them selves arrested, using the media and many more things were done. However, there were a couple of things that they did which really helped them get the right to vote and they were the fact that they helped the men in World WarRead MoreWomen s Rights Are Still A Problem Today1524 Words   |  7 Pages Women’s rights are still a problem today. Not necessarily rights but how they are treated and how sexist some people are. I personally don’t like how some of the men treat women. They don’t think women can do things for themselves, if we try to be equal or have the same kind of job they discriminate them, because they think men should be in charge and be the leader. Although the campaign for women’s suffrage started before the civil war you can see how long it took them to get what they wantedRead MoreEssay on The Effects of World War One on British Women831 Words   |  4 PagesOne on British Women â€Å"Without The First World War British Women Would Not Have Gained The Right To Vote In 1918† I disagree with the statement that, if it were not for the War, women would neverRead MoreWomens Legal and Political Rights Essay1275 Words   |  6 PagesWomens Legal and Political Rights Until the end of 18th century there was a large opposition to womens legal and political rights, though some improvements were made, the issue of giving women the vote was still highly opposed. Feminism is linked to the womens movement and is commonly connected with two basic beliefs, that women are disadvantaged because of their sex, and that this disadvantage should be overthrown. Since the nineteenth century womens movementRead More1. Explore the Significance of the British and American First-Past-the-Post Election System with Special Reference to Its Effect on the Party System in Each Country. How Does It Limit the Development of Third Parties?1786 Words   |  8 Pagesreference to its effect on the party system in each country. How does it limit the development of third parties? Why have the Liberal Democrats been successful in joining the government despite the strong limits on representation that the electoral system provides? Britain and America are quite commonly known as first world countries (highly developed countries) and they are known to be the most powerful countries in the world. Britain and America practice the same type of electoral system that isRead MoreHave you ever felt like men belittle you because they’re stronger and bigger than you? Men may be1300 Words   |  6 PagesChina and Britain but what most people tend to miss is the women’s rights movement that went on in 1848 until the 2000s.Women were being mistreated and were basically said to only be good for housekeeping and producing children. We as women are way smarter than men and we should be recognized for keeping our homes clean and food on the table hot and ready when our men come home from a long day at work. Then we were still going through the struggle with alcohol and it was not pretty for women. There

Cuyahoga River Free Essays

Daniel Groves Environmental Geology Case Study November 22, 2011 Cuyahoga River Fires â€Å"In the United States, a concerted effort is underway to reduce water pollution and thereby improve water quality. † (Keller) A case history of river pollution is the Cuyahoga River located in Northeastern Ohio. The river is 100 miles long flowing south to Cuyahoga Falls where it then turns north until it empties into Lake Erie. We will write a custom essay sample on Cuyahoga River or any similar topic only for you Order Now Cleveland and Akron are two major cities located along the river. The Cuyahoga is known as an infant glacial river, this is because it is one of the youngest river created from the melting of the glaciers. It is estimated that the river is about 13,000 year old. The story of the Cuyahoga is one with many lows and highs. The fires being the lows; new legislation and organizations formed to clean up and then prevent this from happening to other rivers being the highs. The name â€Å"Cuyahoga† comes from Native American word meaning crooked river. The river was very useful to early Native Americans; it allowed for easy transportation and plenty of food. The river supported all types of wildlife that the natives would kill for their furs. Just as the Cuyahoga was useful for Native Americans, the European settlers used it in many of the same ways. Early European fur traders may have played a large part in the demise of the Cuyahoga. Many hunters would set up trading post along the river. During the War of 1812 the Native American had been displace by the new settlers. The Cuyahoga River Basin was a desirable area for most settlers. The Founding Fathers knew that the area that is now Ohio would be of great importance. They knew that the Cuyahoga was the prime spot because the river empties into Lake Erie. Soon large steel and rubber industries would build factories that produced tremendous amounts of untreated wastes. These industries are characterized by heavy manufacturing activity and an outflow of production. The pollution that was produced by these industries caused the river to be unsafe. The Cuyahoga River has had many fires over the years. The first fire in 1936 was rumored to be started by a blow torch spark. In 1952 a fire caused a million dollars’ worth of damage to river boats and riverfront businesses. On June 22, 1969 another river fire engulfed the river, this time the media coverage captured the attention of the nation. Time Magazine described the Cuyahoga as the river that â€Å"oozes rather that flows† and in which a person â€Å"doesn’t drown but decays†. Many of the residents of Cleveland accepted the pollution as a necessary evil because they had jobs at these factories. This article helped the people of Cleveland pass a 100 million dollar bond to clean up the Cuyahoga River. Much of the industry that both made Cleveland rich and caused its river to burn may never be coming back. The costs of these fires were tremendous, but it did help lead to laws being passed to prevent this from happening in other rivers. One such law was the Clean Water Act of 1972. The Clean Water Act (CWA) is the primary federal law in which the US governs water pollution. The Act states the objectives of eliminating releases of high amounts of toxic substances into water. The CWA made it unlawful to dump toxic materials into navigable, waters unless given a permit. The permit is given through the EPA’s National Pollutant Discharge Elimination System. The purpose of The National Pollutant Discharge Elimination System is to regulate point sources that flow into bodies of water. The Clean Water Act has been changed over the years because of the development of technology. Another was the Great Lakes Water Quality Agreement. The Great Lakes Water Quality Agreement is a document constructed to keep the physical and biological integrity of the Great Lakes and the surrounding regions. It also includes many objectives and processes to maintain the integrity that was outlined in the document. According to the 13th biennial reports on Great Lakes Water Quality December 2006, â€Å"We further believe that such progress depends, to a very substantial extent, on whether the Parties and other levels of government, working together, create the means by which they can be held accountable for progress toward achieving the objectives of the Great Lakes Water Quality Agreement. † (Commission) Another Organization that was formed as a result of the Cuyahoga River fires is the â€Å"Cuyahoga River Remedial Action Plan† or RAP. RAP was created in 1988 by Ohio EPA as a community based program aimed at restoring the Cuyahoga River. Their goals are to inform the community of the effects of pollution and to work with industries to stop the pollution of the river. â€Å"The RAP is a proven resource for bringing together technical knowledge, stakeholders and local officials in a supportive setting to develop and implement effective solutions for restoring our local streams. † (Erie Brand Streams and Rivers) It is amazing how a river catching fire opens the eyes of so many people. It took Time Magazine to scare a nation into do something about individuals and companies dumping untreated waste into rivers and lakes. When more people realized what these industries were doing to their hometown, they took action. Even though things for the Cuyahoga and the Great Lakes are improving there is still much to be done. Works Cited Commission, International Joint. 13th Biennial Report On Great Lakes Water Quality. 2006. Erie Brand Streams and Rivers, . â€Å"Operations and Maintenance. † Epa. gov. CRCPO, Nov 2003. Web. 21 Nov 2011. http://www. epa. gov/greatlakes/aoc/cuyahoga/ErieStreamsGuide. pdf. Keller, Edward A. Introduction To Environmental Geology. 4th. Prentice Hall, 2008. How to cite Cuyahoga River, Essay examples Cuyahoga River Free Essays The Cuyahoga River The Cuyahoga River is located in northeastern Ohio running through the major cities of Cleveland and Akron. The river is 100 miles long and empties into Lake Erie. It was said to be formed by the advancement and retreat of ice sheets during the ice age. We will write a custom essay sample on Cuyahoga River or any similar topic only for you Order Now The final retreat caused the river to flow north ward which had flowed southward before. (Michael) In more recent times, the Cuyahoga River was known as â€Å"the river that caught fire. † This is because the river was polluted from industrial companies spilling their waste into the river during the late 1880’s all the way up to the mid 1900’s. The river had a top layer of oil coating it which got thicker as years went by. People who worked on the river had a goal of not falling overboard into the river. One Cleveland mayor, Rensselaer R. Herrick, of the 1880’s even stated, â€Å"It is a sewer that runs through the heart of the city. † (Michael The) The river was so polluted that it was like a cauldron to most. Even rats had been seen flowing down the river. Residents near Cleveland said they could feel the pollution. (Michael) Richard Ellers was a resident in Cleveland. He states, â€Å"Back in the ’60s †¦ I went on a news excursion on the river downtown to show how bad the pollution was. I remember we could see a layer of crud on the water but didn’t appreciate its thickness of the pollution on Cuyahoga River until I dipped my hand into it. † (Cuyahoga) The river was devastating to live by, but much worse to be around. It was so contaminated that it caught on fire multiple times. The fires had started ever since 1868. River fires became the most occurring incidents on the river. These occurrences quickly gave Cleveland a tarnished name and a realization for all about how unclean the river really was. Michael The) As the dirty river got worse over time, so did the fires. The Cuyahoga River fire of 1969 happened in June of that year beside Campbell Road in southeastern Cleveland near the Republic Steel Mill. (Michael) There were large amounts of debris soaked of oil that were just waiting to all burn up in flames one day. It was said to be either sparked by a passing train or molten steel. (Ohio The) The fire grew enough for flames to be leaping up from the water. (Michael) It could’ve burned down Cleveland if not tamed. It was swiftly doused by local firefighting tugboat crews. It was safe to know that it did not cause maximum damage or any fatality. Fortunately, it was also the last river fire to happen. (Ohio The) This incident became known all over the country. The U. S. was becoming more eco aware of the environment. Cleveland started taking strides in protecting the river and cleaning it up. Residents passed a bond that granted 100 million dollars to clean it up. Cleveland was still the symbol of environmental degradation even though it was taking steps towards pollution control though. Ohio) â€Å"The thick pollution on the water and the fire became a convenient example of what ‘bad’ really is,† said Frank Samsel, whose company aided in early 1970s cleanup efforts. â€Å"And the more you talked down about how terrible it was, the more the press and news jumped on it. But it also made people aware of the fact that things could be different. † Cleveland was wide awake about how bad they let things get. (Cuyahoga) Time magazine wrote an article about the incident which put pressure on Cleveland about hygienic regulation. They already had enough pressure due to their bad reputation about the unhygienic river. (Ohio) Mayor, Carl Stokes, started to become very active in the situation. He could see how it affected the city and used that to make positive changes. (Cuyahoga) Carl Stoke’s brother got involved as well. US representative, Louis Stokes, urged federal involvement. The legislature passed the National Environment Protection Act (NEPA) which was signed into law Jan 1st, 1970. It was an act that formed the agency Environmental Protection Agency (EPA) which led to the put forth of the Clean Water Act of 1972. It mandates that all rivers in the United States to be hygienic enough to allow mass amounts of swimmers and fish in the water by 1983. (Cuyahoga The) The progress became very noticeable to not only the residents near the Cuyahoga River, but to the country as well. (The) The legislature had invested 3. 5 billion into the purification of the river and new sewer systems. (Ohio) The Cuyahoga River became safer and residents felt at ease again. Most importantly, the country was educated and thought more about the environment in which they lived in. Michael) The Cuyahoga River of 1969 brought positive change after all. The U. S hasn’t seen a river fire since 1969. The water quality improved greatly. (The) Today, it is a playground to fish and swim in like most rivers. The river is now home to 60 different species of fish as well. The river fire reshaped Cleveland and the realities of life. (Ohio) Bibliography Michael Rotman, â€Å"Cuyahoga River Fire,† Cleveland Historical, accessed February 25, 2013, http://clevelandhistorical. org/items/show/63 Ohio History Central – An Online Encyclopedia of Ohio History – Ohio Historical Society. Ohio History Central – An Online Encyclopedia of Ohio History – Ohio Historical Society. N. p. , n. d. Web. 20 Feb. 2013. http://www. ohiohistorycentral. org. Cuyahoga River fire 40 years ago ignited an ongoing cleanup campaign | cleveland. com. † Cleveland OH Local News, Breaking News, Sports Weather – cleveland. com. N. p. , n. d. Web. 20 Feb. 2013. http://www. cleveland. com/science/index. ssf/2009/06/cuyahoga_river_fire_40_years_a. html. The return of the Cuyahoga. Dir. Lawrence R. Hott. Perf. Cleveland. Ideastream ;, 2008. DVD. How to cite Cuyahoga River, Essay examples

General Purpose Financial Reporting by Corporations-Free Samples

Question: Analysis of Tabcorp Business Strategy and Highlights? Answer: Introduction General Purpose Financial Reporting by Corporations refers to financial reporting by organizations that meet informational requirements of their users who are not in position to command the accounting process and standard (Knezevic, Djuric and Dmitrovic, 2012). It involves reporting financial information to meet need of common users specifically, satisfactory and other financial need. Financial statements should provide accountability, compliance, financial position, financing and investing of a corporation. Financial reports provide financial information to several stakeholders. They include employees, investors, creditors, government and management. Financial reporting helps stakeholders make informed decisions (Nagar and Petacchi, 2016). The following report analysis financial statements and auditors report of Tabcorp Business for the year ending 30th June 2016 financial year. The report will outline the relevance of the financial report information to financial stakeholders of Tabcorp Corporation. TAB Corporation Limited Overview Tabcorp Limited is a public listed company in Australian Stock Exchange that is involved in gaming, wagering and Keno operations. The company is a leading gaming, Keno and wagering business in providing gaming products and services in the World. The Company was founded in 1994 and has its headquarters in Melbourne in Australia. Tabcorp led by Paula Dwyer as the Chairperson and David Attenborough as the CEO of the Company (Tabcorp.com.au, 2017). The Company products include; wagering, media, gaming and Keno. Wagering has an average of 1.2 customers per year with two largest pools one in Victoria and other in NSW in Australia. 30% of the wagering customer access the services through internet, phones and pay TV. Keno has an average of 1.3milion customers per year in Australia. This product has 2739 avenues in Australia. Gaming has an average of 1.2 customers who use electronic gaming machines. The company operates 1303 electronic gaming machines in clubs around Australia. The Tabcorp Limited media has three pay TV channels that are watched by 2.235 homes in Australia. The media records over 83000 races around the world. The media also operates a radio station. The company has 3000 employees. Tabcorp is trade in Australian Stock Exchange (ASX) as TAH. The company had 2188.7 million revenues for the year. This was a 1.5% increase from 2015 financial year. Tabcorp Business Strategy and Highlights Tabcorp operations are based on mission to support all it shareholders, community and customers. The company focuses on achieving commercial success by championing sustainability in the ways the company conducts games (Crawford , 2013). Tabcorp was able to implement the following strategies in 2016 financial year; The company was able to secure Victorian thoroughbred media rights for five. There was completion of ACTTAB integration NSW Keno permit was extended to 2050 The company was able to respond to Federal Government about illegal wagering. The company was able to establish Sun Bets in UK that are online based. The Sky thoroughbred central was updated to High definition broadcasting. The company was able to invest in technological platforms. The business has the following strategic priorities in 2017 financial year; Tabcorp aims at launching Sun Bet in United Kingdom Launching Keno digital solutions and having a new game format. Driving TGS events performances and expand them Attaining 14% returns on capital invested. Ensuring high level regulatory compliance in their business The Tabcorp business strategy is focused to improving it delivery of its products. The company is strategizing on expansion to increase the number of products of offered to customers (Easton, 2016). The company is also focusing on investing on technology to improve products delivery especially for online products. Analysis of Tabcorp Financial Performance Results The following section analysis the financila performance of the Tabcorp for 2016 fiancnail year. This involves analysisng the balance sheet, income statement and cash flow fianaial statements of the the vcomapny for the year ending on 30th june 2016 (Accountingtools.com, 2017). Analysis of Tabcorp Assets, Liabilities and Equity The company has a tottal assts of AU$ 3302.8 Million in 2016FY that is lower compared to AU$ 3384.0 Million. There was an increase in non current assets to AU$ 3106.7 M for 2016 from 2015FY tht ws AU 3087.8 M. The Company had a total liabilities of AU 1614.7 for 2016FY lower compared to 2015 Fy that was AU 1693.9. The company has a net assets of AU$ 1688.1M for 2016 FY compared AU$ 1690.1M. Tabcorp had a toatl equity of AU$ 1688.1M for 2016 FY. This was lower comapred to AU$ 1690.1M for 2015 FY. The Tabcorp Limited assets balance with the companys liabilities and owners equity. Analysis of Tabcorp Incomes, Expenses and Profit Tabcorp received AU$ 2188.7M for 2016 financial year that was above AU$ 255.5M for 2015 financial year. The company earned other come that amounted to AU$ 4.4 M for 206 financial years. This was contrary to 2015 financial year where the company incurred AU$ 3.7M. The total comprehensive income for TABCORP Limited for 2016 financial year was AU$ 175.4M. This amount was a decrease compared to AU$ 338M for 2015 financial year. Tabcorp Limited incurred expenses amounting to AU$ 1912.1 for 2016 financial year. This was higher compared to AU$ 1815.9M for 2015 financial years. These expenses where advertising and promotion, property costs, communication and technological costs, government and taxes, depreciation and amortization, employment costs and other costs. Tabcorp net profits for 206 financial years were AU$ 169.7 M lower compared to AU$ 334.5M for 2015 financial year. The companys profits before tax and financial costs were AU$ 301M and AU$334.6M for 2016 and 2015 financial years respectively. Analysis of Tabcorp Cash Flows The cash flow statement shows the total inflows and outflows in Tabcorp business for a specified fianncial year. The companys net cash inflows from operating activities were AU$ 401.1M for 2016FY compared to AU$ 399.7M for 2015FY. This inflow refers to cash from the company offering it products to its customers. The net cash flow usd in investing activities amounted to AU$ 173M for 2016FY that is less compared to AU$ 231.7M for 205FY. The cash flows from financialing activities for Tabcorp amounted to AU$262.1M for 2016FY higher compared to AU$ 134.8M cash outflow for financialnf activites for 2015FY. Tabcorp cash at the end of the year was AU$ 126M for 2016FY. This amount was lower compared to AU$ 160M for 2015 FY. Remuneration analysis Tabcorp uses it remunaeration report to disclose the remuneration policy and other arrangement for directors, senior managements and executives. This is in accordance with the corporate Act 2001. The remuneratiion philosophy in the Company is to motivate, attact and retain employees who are of high calibre. The remuneration framework of the Tabcorp is mix of fixed and variable compensation. The fixed remuneration contains thcompensation reflecting responsibilities, skills, experience and knowledge. Variable remunesation reflects compensation as a result of short term incentives (STI) and long term incentives (LTI) attained as a result of acheivement to performance goals and return to shareholders equity. The Tabcorp remuneration structure is linked to profit by ensuring that compensation is based on the financial measures like profits and return to investiments.The remuneration framework enhances the culture in Tabcorp that is customer oriented, digital initiative, employees engangement and compliance optimization. The framework is aimed at increasing performance of the company to ensure high returns to investiments. Key Issues in the financial report The Tabcorp recognizes revenue to extent that economical benefits will probable flow to the business. The wagering revenue is recorded as the residual value from customer after deducting return turnover. Media revenue is recorded as income from subscription and advertising. This revenue is recognized when the serve is rendered to the customer. Keno revenues are recognized after deducting the return to customer (residual value). The gaming revenue is recognized when services are rendered. Financial income of Tabcorp is recognized by application of effective interest rate method. Operating lease rentals of the company are recognized on straight-line basis in the income statement over the lease term. Expenses in Tabcorp are recognized when an expense is incurred that is recorded as a financial cost. Interest bearing liabilities: The Company recognizes interest-bearing liabilities at fair value deducted all transaction costs. The foreign currency liabilities are accounted at amortized cost. These entries manipulate the profits that the company presents in the income statement. Amortization: The Company records licenses and permits are stated cost minus accumulated amortization. Depreciation: The Company uses straight basis to calculate depreciation over the useful life of the asset. Plant, property and equipments are recognized and recorded at a cost less depreciations (accumulated). For assets under operating lease incentives, asset is recorded and amortized using straight-line basis. Depreciation in the company is review every financial year to be adjusted accordingly and ensure it reflect the true value of the asset. Receivables: Trade debts in Tabcorp are accounted and recognized at original invoice minus allowance for amount deemed uncollectable. Other receivables in the company are from fixed term loans that earn the company interest. These receivables have are entered in financial statements as amortized cost. The increase in receivables recognized in the income statement increases but not recognized once they are impaired. Bad debts allowance or impairment recognized once the company has objective evidence that the debts have no probability collectability. Bad debts are written off from the financial statements once they are identified. Theoretical and philosophical approaches to accounting in Tabcorp Tabcorp follows the accounting assumptions and approaches in preparing their financial reports. The financuial statements are prepared in accrued basis and assumptions that that the company is perpetual. The double entry rule has been followed and the balancing figure for the balance sheet is AU$ 3,302.8M. The accounts have also followed the accounting theoretical accounts classifications. The company has the following groups; current assets, noncurrent assets, current liabilities, noncurrent liabilities and owners equity. The financial statements have also prepared a consolidated financial report for the Tabcorp Group Holding. Analysis of Tabcorp FRS compliance with a requirements of Conceptual Framework Tabcorp is owned by shareholders whose shares are listed and traded in Australian Securities. The Company operates the main company in Australia and subsiaries arounfd the globe. The financial reports represent the fiancnial trascations and performance of the company together with it it susbsidiaries (Hribar, 2016). Therefore , the financil statements are prepared for the group as Tabcorp Holding Limited. The company financial year/ accounting year starts in 1st July and ends on 30th June. The financila reports of Tabcorp Limited are authorised by Directors. The Company finaicila reports followed the general purposefianancial reports in several ways; first, the company fiannicial statements were prepared in accordence with Corporation Act 2001 of Australian Accounting Standards. These standards are issued by the Australian Accounting Standards Board. The financila reports are alos preapered in accordance with other mandotary requirements in Austrlai. Secondly, the financila reports of Tabcorp complies with the International Financing Standards. These standards are issued by international Accounting Standards Boards. Third, the Tabcorpfinancial reports are presnted in terms of Australian dollars that are rounded to the nearest hundred thousand. This is in accordance with th ASIC Corporationinstruments.Lastly the financial statements of Tabcorp have been prepared in the historical basis.The only element not recorded in historical basis are derivatives fianncila intruments which have been recorded infair value. The Tabcorp applies the accounting policies consistently in all it group when preparing finanicla reports. The company ensures that all financial informations have been disclosed so as to provide decision making information to all it stakeholders. Auditors report The Tabcorp Holding Limited is audited by Ernst Young Auditors. The independent auditors report shows that Tabcorp Holding prepares it financial statements in accordance with the Corporation Act of 2001. The financial reports represents the true and fair state of the financial position of the Company. Conclusion From the financial analysis of the Tabcorp Holding Limited, it shows that the comapy follows the general purpose financial reporting conceptual frameworks. The company aims to present it financial reports content and format in a more meaniful way to finanicla information stakerholders. This means that the company is committed to providing it finaiclia information users with easy to understand financila reports so that they can make informed decision. Suggestions From the analysis in this report, I suggest the following; The company should include more previus years finaincial year finaicla perormance for users to see the compays trend. The company should include atleast four past fiancila information while presenting the current fiancial report. The company should also provide finaincla ratios of the company and their interpretations for common users to make more informed decisions. References Crawford Camiciottoli, B. (2013). Oral financial reporting: A rhetorical analysis of earnings calls. FINANCIAL REPORTING, (4), pp.15-34. Easton, P. (2016). Financial Reporting: An Enterprise Operations Perspective. Journal of Financial Reporting, 1(1), pp.143-151. Accountingtools.com. (2017). General purpose financialstatements - Questions Answers - AccountingTools. [online] Available at: https://www.accountingtools.com/questions-and-answers/general-purpose-financial-statements.html [Accessed 29 Apr. 2017]. Hribar, P. (2016). Commentary On: Do Compustat Financial Statement Data Articulate?. Journal of Financial Reporting, 1(1), pp.61-63. Knezevic, S., Djuric, D. and Dmitrovic, V. (2012). General Financial Reporting and Special Purpose Reports of Banks. Management - Journal for theory and practice of management, 17(62), pp.51-64. Nagar, V. and Petacchi, P. (2016). A Model of Aggregate Reporting Quality. Journal of Financial Reporting, 1(2), pp.1-19. Tabcorp.com.au. (2017). Tabcorp - Who We Are. [online] Available at: https://www.tabcorp.com.au/who-we-are [Accessed 29 Apr. 2017]. Tabcorp Holdings LTD. v. Treasurer of VictoriaCase No. S CI 2013 2464, S CI 2013 2703, 2013 VSC 324; BC201310331 (Supreme Court of Victoria, Commercial and Equity Division, Commercial Court; 24 June 2013). (2013). Gaming Law Review and Economics, 17(9), pp.662-669