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Earth bound: the rise and fall of a ground-breaking venture

Raar, Jean, Purnell, Allan and Hone, Phillip 2002, Earth bound: the rise and fall of a ground-breaking venture, CPA Australian, vol. 72, no. 3, pp. 66-68.

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Title Earth bound: the rise and fall of a ground-breaking venture
Author(s) Raar, Jean
Purnell, Allan
Hone, Phillip
Journal name CPA Australian
Volume number 72
Issue number 3
Start page 66
End page 68
Publisher Australian Society of Certified Practising Accountants
Place of publication Melbourne, Vic.
Publication date 2002-04
ISSN 1440-8880
Keyword(s) Australia
biodiversity
company failures
environment
fauna
native wildlife
tourism
Summary Earth Sanctuaries Ltd (ESL) intends to offer its entire asset base for sale. ESL's primary objective is to conserve Australia's biodiversity, by breeding and preserving fauna profitably by running sanctuaries, environmental consultancies and related tourist facilities. This "ailing company" is also undergoing a management restructuring and attempting cost reduction. ESL was was one of the first firms to adopt AASB 1037. The implications for the accounting profession are discussed.
Language eng
Field of Research 140205 Environment and Resource Economics
HERDC Research category C3 Non-refereed articles in a professional journal
Copyright notice ©2002, CPA Australia
Persistent URL http://hdl.handle.net/10536/DRO/DU:30012748

Document type: Journal Article
Collection: School of Accounting, Economics and Finance
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