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RSM220H1 (24)
Xin Baohua (12)
Final

220-final case review.docx

3 Pages
101 Views

Department
Rotman Commerce
Course Code
RSM220H1
Professor
Xin Baohua

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Description
10 marks write in full sentence even though in bullet point in the exam ContextGAAP IFRS because CEL is a public company listed in TSX Other Pervasive Matter Oil exploration and focused on green exploration Pressure for strong performance because major investors suffer losses in BP investments Stakeholders and FROs Management CFO CEO etc FRO aggressive because they are trying to meet the demands of major investors for strong performances Key work strong performance tied to case Also compensation is probably based on performances Investors two large Canadian pension funds are major investorsFRO conservative because they want to see worstcase scenario results maybe less likely and maybe aggressiveOr FRO aggressive because they want to see strong performance to offset previous losses on other investments ie BPOr FRO neutral because they are likely to be a longterm shareholder and therefore interested in seeing the economic reality without bias justify your answer is okRole and FROs Auditor ADP LLP
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