Describe the Dimensions of the Australian Share Market by Considering

question 17

Essay

Describe the dimensions of the Australian share market by considering the number of listed firms, and their size distribution.Assess the liquidity of the market and explain how liquidity can differ among listed firms.Support your comments with reference to the indicators of liquidity.

Determine the fair value of non-controlling interest and its implications on consolidated financial statements.

Understand the treatment of goodwill and its calculation in business combinations.

Identify the disclosure requirements for business combinations under IFRS 3.

Explain the effects of business combinations on shareholder's equity and consolidated balance sheet.

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Definitions:

Henry Murray

An American psychologist best known for developing the theory of needs, which identified specific psychogenic needs that motivate human behavior.

Assertiveness

The quality of being self-assured and confident without being aggressive, allowing for the expression of one's needs and desires in a clear and respectful manner.

Personality Trait

A consistent pattern of thought, behavior, or emotion that is stable across time and situations.

Situational Call

A demand or trigger in an environment that requires an individual to take action or adapt to specific circumstances.