Question 1 (a) Quantitative and qualitative information regarding a public listed company is important to its investors, as it is material enough to influence their decision-making. ... Both act as a "protector" to investors to prevent any misconduct by companies. Also, companies have to comply with the needs of its investors by providing GPFR (general-purpose financial reports) as part of the standard accounting requirements. ... Moreover it is also a requirement that comes under the Australian Stock Exchange. ... (e) In SAC2, it purposes that the major user groups need information about p...

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• Grade Level: Graduate