ACC101 Fundamentals of Accounting I
07-April-2017 before 5.00 pm
The assignment is worth 40% of the total unit weight.
1. Students are required to cover all stated requirements.
2. Your answer must be upload
An overview of auditing
The three major professional accounting bodies in Australia are:
ICAA, CPA and ASIC.
CPA Australia, NIA and AARF.
ATO, AUASB and ASIC.
ICAA, CPA Australia and NIA.
The correct option is d.
14. Gregory Ltd enters into a non-cancellable five-year lease agreement with Sanders Ltd on 1
July 2015. The lease is for an item of machinery that, at the inception of the lease, has a fair
value of $231140. The machinery is expected to have an econ