Q1: The IASB Framework for the Preparation and Presentation of Financial Statements identifies key qualitative characteristics that make the information in financial statements useful to users.
Identify each of these qualitative characteristics and explain how each will affect the way user groups may benefit from their application.
Which do you regard as most important one (s)? Provide examples where relevant to support your points.
Q2: Discuss and demonstrate your understanding of traditional conventions applied in financial reporting. Provide examples where relevant to support your points using M&S Report 2017 under Week 2
Business entity, Duality, Monetary measurement, Cost, Continuity (going concern), Conservatism (prudence), Consistency, Materiality, Objectivity, Matching
Q3. Attempt the following end of chapter exercises from the main textbook (Maynard, 2nd Edition – Chapter 2). Your answer should be in your own words and based on wider independent reading: Q1 – Q8.
Q4: Select a company of your choice and find the latest annual report. Do the following:
– By reviewing the notes, identify 2-3 key accounting policies and estimates for each of them used by the company.
– Write a brief summary of what is included in director’s report and auditor’s report.
– Identify any other disclosures you think is important for the readers.
Q5: Read Conceptual Framework article available under Week 1 and write one page summary of key points from this article. It is important to provide a critical analysis and independent thinking on the topic concerned.
Driven Zeppelin: History and Analysis Distributed: 23rd March, 2015 Last Edited: 22nd May, 2017 Disclaimer: This paper has been put together by an understudy. This isn't a case of the work composed by our expert article journalists. You can see tests of our expert work here. Any suppositions, discoveries, conclusions or suggestions communicated in this material are those of the writers and don't really mirror the perspectives of UK Essays. Driven Zeppelin was a standout amongst the most prevalent standard musical gangs from 1968 to 1980. Comprising of Robert Plant on vocals, Jimmy Page on guitar, John Paul Jones on low pitch guitar, and John Bonham on the drums, they are currently thought to be one of the best musical gangs that at any point played. Driven Zeppelin made numerous commitments to the music world and their heritage is still extremely alive today. Every individual from Led Zeppelin made their own commitments to their music and the headway of music in general. With no one part Led Zeppelin's inheritance would be totally extraordinary. Robert Plant's high vocal style and songwriting capacities were instrumental in Led Zeppelin's prosperity. Jimmy Page's melodic learning and creative guitar playing are generally thought to be a portion of the best of their chance. As indicated by AllMusic.com Jimmy Page is "Undeniably one of the unequaled most compelling, critical, and adaptable guitarists and musicians in shake history" (Prato, 2011). John Bonham's uproarious, overwhelming drumming and percussion abilities were fundamental to the Led Zeppelin hard shake sound. A companion of Bonham's once said that "He generally needed to be one of the loudest drummers in the west and was resolved not to be overwhelmed by guitarists" (Welch and Nicholls, 2001, p. 28). John Paul Jones' consistent bass rhythms and melodic decent variety were key components to the Led Zeppelin sound that are frequently neglected. Driven Zeppelin was authoritatively framed as a gathering in the late 1960's. Author and guitarist Jimmy Page was playing with a gathering known as The Yardbirds at the time. In 1968, The Yardbirds disbanded and Page started scanning for new individuals for the band. He was before long put into contact with Robert Plant and employed him as the band's new vocalist. Plant knew a drummer and proposed John Bonham, an old band mate, for the activity. Bonham was before long enlisted and all they required was a bassist. John Paul Jones before long reached Page and the band was shaped as the "New Yardbirds". The band before long recorded their first collection together and it was discharged under their new name "Drove Zeppelin". In late 1968 Led Zeppelin marked with Atlantic Records and in the most recent long periods of December they performed live in the United States out of the blue. Driven Zeppelin's initial days were primarily spent visiting Europe and recording for their first collection as Led Zeppelin. Their first record impelled them onto the music scene with a momentous substantial blues-shake combination. The visiting for the primary collection made Led Zeppelin a commonly recognized name and landed them in the spotlight for the following decade. Throughout the following ten years Led Zeppelin went higher than ever with their huge shows and creative records. Driven Zeppelin's first official collection, a self-titled record, was recorded in late 1968 and was thusly discharged in the United States in January of 1969. The collection delivered various exemplary Led Zeppelin staples, for example, Dazed and Confused, Good Times Bad Times, and Communication Breakdown. Components from this collection, for example, Jimmy Page's utilization of a cello bow to play his guitar went ahead to wind up symbols of Led Zeppelin's music. Despite the fact that the collection was at first reprimanded, the collection is currently thought to be one of the best venturing stones in the further improvement of hard shake music. Later in October 1969 Led Zeppelin discharged their second collection, Led Zeppelin II, and the reaction was considerably more noteworthy than their first. This collection truly displayed the band's blues and society impacts on melody like Ramble On and Bring it on Home. Robert Plant ended up celebrated for his magical and narrating songwriting style and we see those components in Ramble On. One of the greatest heritages to originate from this collection was the tune Whole Lotta Love. Entire Lotta Love is one of their most popular melodies and has been secured broadly finished the years. Jimmy Page's guitar riffs and solo's are the absolute most conspicuous guitar works of the time. Multi year later, in October 1970, Led Zeppelin discharged their third collection and obviously it was named Led Zeppelin III. The collection contains more acoustic and smooth tunes than its forerunners. In a meeting in regards to the making of their third collection Jimmy Page said "We'll do constantly the overwhelming things, since that turns out normally when we play. However, - there is another side to us. The new collection is very surprising from the others and I see that it's clearly another bearing" (Retrieved April 3, 2011, www.ledzeppelin.org). The collection was for the most part done at a place called Bron-Yr-Aur in the U.K. One of the collection's tunes, Bron-Yr-Aur Stomp, was named after it. Driven Zeppelin's fourth collection was discharged in November 1971, and in spite of the fact that usually alluded to as Led Zeppelin IV, it is likewise known by numerous different names. The collection itself has no name on it yet it has turned out to be known as Zoso or the four images because of the images that the band individuals spoke to themselves. The images of Robert Plant, John Bonham, and John Paul Jones all have implications, yet the image that Jimmy Page utilized has been a theme of discussion since he started utilizing it. Robert Plant's image, a hover with a plume inside, is said to speak to an essayist, John Bonham's, three interlocking circles, are said to speak to the connection between a man, a lady, and their kid, and John Paul Jones' image, a hover more than three vesica piscis, is said to be the image of a certain and equipped individual (Retrieved April 3, 2001, www.inthelight.co.nz). The genuine secret encompasses Jimmy Page's image which has turned out to be known as Zoso. No one truly knows for beyond any doubt what the image implies other than Jimmy himself, yet it has been a baffling inquiry for Led Zeppelin fans from that point onward. The fourth collection is additionally thought to be one of Led Zeppelin's most prominent works and contains a portion of their most noteworthy melodies. Driven Zeppelin IV contained such Led Zeppelin works of art as Black Dog, Rock and Roll, Going to California, When the Levee Breaks, and Stairway to Heaven. Driven Zeppelin came back to their hard shake frame from their initial two records and the outcome was their top of the line record. Driven Zeppelin IV is the fourth top of the line collection in history with more than 22 million duplicates sold. The epic Stairway to Heaven is as yet the most asked for tune ever for radio (Retrieved April 5, 2011, rockhall.com). In 1973 Led Zeppelin discharged Houses of the Holy and in 1975 discharged the twofold collection Physical Graffiti. These two collections both topped the outlines and delivered tunes, for example, Kashmir, Over the Hills and Far Away, Houses of the Holy, and Trampled Under Foot. These years were likewise the tallness of Led Zeppelin's visits. From 1970 until Aug. 1975 Led Zeppelin visited widely in Britain and the U.S. They set record numbers for participation and were well known for playing at sports stadiums and other expansive settings. In August of 1975 Robert Plant and his better half were associated with a genuine pile up which kept the band from visiting. Despite the fact that they couldn't visit, they still kept on remaining in people in general eye. Amid their break from visiting because of Plant's damage, the band concentrated on new materials and completing an old undertaking. In March of 1976 the band discharged Presence, their 6th collection. Nearness was their most noticeably awful offering collection, in spite of the fact that it produced the epic melody Achilles Last Stand. Additionally, in 1973 the band played three shows in New York City at Madison Square Gardens and their live exhibitions were taped for use in a live show film that was discharged in October 1976. The band came back to the visiting circuit in 1977 and got the latest relevant point of interest. The band kept on setting records for participation to their shows and live exhibitions. In the wake of visiting for a couple of months, the band dropped the rest of the 1977 visit dates because of the astonishing demise of Robert Plant's child. After the passing of Plant's child, the band enjoyed a reprieve and came back to record their next collection in late 1978. The collection, In Through the Out Door, was discharged in the mid year of 1979. Melodies like Fool in the Rain and All of my Love moved it to the highest point of the outlines. Driven Zeppelin visited Europe on and off in 1979 and 1980. On Sept. 25th, 1980, John Bonham was discovered dead at the age of thirty-two because of gagging individually upchuck following multi day of substantial drinking. The band disbanded following his demise, in spite of the fact that they released a collection of old Led Zeppelin outtakes called Coda in 1982. Throughout the years after 1980 the band rejoined for a couple of one-time exhibitions. In 1985 they played at the Live Aid show and again in 1988 for the Atlantic records 40th commemoration. Robert Plant and Jimmy Page discharged a collection together in 1994 entitled No Quarter. Likewise, out of appreciation for the life of their companion Ahmed Ertegun, the three living individuals rejoined with Jason Bonham, John's child, on drums to play a show in London in December 2007. Right around three decades after their flight Led Zeppelin was still very respected by both old and new fans, as their show in December 2007 set another record for most requested show tickets. From 1968 to 1980 Led Zeppelin commanded the stone music world with their high-vitality live exhibitions that broke various participation records and their graph topping collections. Their melodies are still probably the most perceived and asked for tunes on American radio. The band was enlisted into the Rock and Roll Hall of Fame in 1995 and got the Grammy Lifetime Achievement Award in 2005. Their memoir for the Rock and Roll Hall of Fame utilized these words to portray their inheritance: "Consolidating>GET ANSWER