Fact Finding of financial market regulator in Australia Assuming after graduation you would like to apply for a position at ASIC. Go to the website of Australian Securities and Investment Commission, do a fact finding and answer the following questions: (4) If a business approaches you to ask about procedures for providing credit activities, what kind of license you would advise them to apply for and what are the steps they should consider to decide whether they should apply for that license? (5) What is book up practice in Australia, briefly explain.

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter1: The Demand For And Supply Of Financial Accounting Information
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Fact Finding of financial market regulator in Australia
Assuming after graduation you would like to apply for a position at ASIC. Go to the website of Australian Securities and Investment Commission, do a fact finding and answer the
following questions:

(4) If a business approaches you to ask about procedures for providing credit activities,
what kind of license you would advise them to apply for and what are the steps they
should consider to decide whether they should apply for that license?
(5) What is book up practice in Australia, briefly explain.

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