Corporate Accounting for students
Total Marks: 30
Select two public limited companies listed on the Australian Securities Exchange (ASX) that are in the same industry. Go to the website of your selected companies. Then go to the Investor Relations section of the website. This section may be called, “Investors”, “Shareholder Information” or similar name.
In this section, go to your companies’ annual reports and save to your computer your firms’ latest annual reports consecutively for last three years. Do not use your companies’ interim financial statements or their concise financial statements. Please read the financial statements (balance sheet, income statement, statement of changes in owner’s equity, cash flow statement) very carefully. Also please read the relevant footnotes of your companies’ financial statements carefully and include information from these footnotes in your answer.
You need to do the following tasks:
OWNERS EQUITY (5 Marks)
You might have to do a presentation in the class where your lecturer will question you from different angles of the assignment and you will have to satisfy the lecturer that you were sufficiently and appropriately involved in preparing the assignment. The presentation will take place in the last hour of the classes of week 11 and week 12. It is the discretion of the lecturer either to ask any student to do the presentation or to award marks to a student without asking
to do the presentation. However, every student needs to be prepared for the presentation and well conversant about everything that has been written in the submitted assignment.
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