HI5020 Corporate Accounting is a form of assignment assigned to students studying at Holmes Institute of Australia. This task is conducted at the time of T3 every year. The title of the HI5020 assessment is “Raising funds for corporate operations and liabilities, provisions, contingent liabilities, and contingent assets. Measurement Basis for Assets”. Along with this, you are also required to create a video presentation. The HI5020 Corporate Accounting assessment develops a clear and better understanding of various sources of funds raised by organisations/ companies. In this assignment, you will have to find two different sources of funds used by the company and discuss the growth of such sources of funds by the company in the coming 3 years. If you are a student at Holmes Institute and willing to write the HI5020 assignment on your own, then you will be required to define the major concepts covered under the AASB 137 ‘Provisions, Contingent Liabilities and Contingent Assets’ and also discuss the use of these standards by the companies you have selected. Additionally, you must identify every type of asset recorded within the organisation.
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