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Corporate Accounting (PDF)

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Added on  2021-05-31

Corporate Accounting (PDF)

   Added on 2021-05-31

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RUNNING HEAD: CORPORATE ACCOUNTINGCORPORATE ACCOUNTING
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CORPORATE ACCOUNTING1ContentsTELSTRA CORPORATION LIMITED...............................................................................................2INTRODUCTION.................................................................................................................................2CORE BUSINESS ACTIVITIES...............................................................................................................2BUSINESS SEGMENTS........................................................................................................................2INDUSTRY AND COMPETITORS..........................................................................................................3FINANCIAL STRUCTURE......................................................................................................................3KEY ELEMENTS OF THE FINANCIAL PERFORMANCE...........................................................................4EVENTS OCCUR AFTER BALANCE SHEET DATE...................................................................................5ACCOUNTING POLICIES......................................................................................................................6PROPERTY, PLANT AND EQUIPMENT.................................................................................................6INTANGIBLE ASSETS...........................................................................................................................7IMPAIRMENT ASSETS AND ACCUMULATED LOSSES..........................................................................8REFERENCES..........................................................................................................................................9
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CORPORATE ACCOUNTING2TELSTRA CORPORATION LIMITEDINTRODUCTIONThe Telstra Corporation limited is the largest Australian based telecommunication and media company which is publicly listed in Australian market (ASX: TLS). The head office is located in Melbourne, Australia. Currently company is operating in nearly 20 nations with manpower of 32, 000 staff (Telstra, 2018). CORE BUSINESS ACTIVITIESThe company operates and builds telecom networks, voice, mobile, pay television, access of internet, telephone lines to the corporates and houses, directory and other goods and services (Financial Times, 2018). Further the company is providing approximately 17.6 million mobile services, 3.5 million fixed broadband services and 5.1 million voice services (Telstra, 2018).BUSINESS SEGMENTSThe company is operated through four business segments. These are as follows:1.Global enterprise and service segment:This segment offers contract and sale management for government and corporate clients.2.Wholesale Segment:This segment offers wide varieties of wholesale telecom products and amenities delivered over Network of Telstra and other support system to other importers, carriage and internet service providers (Financial Times, 2018).3.Operations Segment:This segment offers planning, designing, engineering, construction etc. of Telstra networks, IT solution.
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