(Answered) Tamawood ltd amp lendlease groupcompliance with

Accounting

Tamawood Ltd & Lendlease Group

Compliance with AASB

Executive Summary

Lendlease Company was established in 1958 by G K Dick with the object to run the company in a profitable and ethical manner. This Construction Company is one of the Largest Listed Multinational Companies in Australia. It is a much diversified company not only by the variety of services it provides but also geographically.

Another well-known Construction Company which is shaping Australia in a rather beautiful way is Tamawood Limited. It was formed in 1989 with four staff affiliated with five builders. It is known for providing beautifully architect-inspired and designed homes. It calls itself ‘system company’ and not just home building company.

Table of Contents

Introduction 2
Compliance with Conceptual Framework and Australian Accounting Standards 3
Comparison of annual report of the Tamawood Ltd and Lendlease Group with regard to the disclosures and standards 10
Inclusion of Prudence in Conceptual Framework 11
Conclusion 12
Reference 13

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