The assessment analyzes the financial statements of two companies for a period of three years. The assessment analyzes different elements which are disclosed in the annual report such as Income tax expenses. The assessment analyzes in dept the cash flow statement of both the companies in order to under the cash flows of the business during the year. The assessment conducts a comparative analysis of the cash flow statement between Ausdrill ltd and Rio Tinto Ltd. The assessment also contains calculations of Effective tax rate and Cash and Book tax rates and also an explanation of the tax expenses and tax structure of both the companies.

Corporate Accounting Assessment item 2 — Assignment

Select two public limited companies listed on the Australian Securities Exchange (ASX) that are in the same industry.

Comparative analysis of Ausdrill and Rio Tinto's financial statements for 3 years. Focus on cash flow, tax rate, and expenses.

Corporate Accounting: Analysis of Financial Statements of Ausdrill Ltd and Rio Tinto Ltd

This report analyzes the financial statements of Ausdrill Ltd and Rio Tinto Ltd for three years. It includes a comparative analysis of cash flow statements, effective tax rate, and tax structure. The report also discusses the equity and debt capital structure of both companies.

Hartpury University and Hartpury College

Finance

This report provides a comparative analysis of the financial statements of Ausdrill Ltd and Rio Tinto Ltd for the last three years. The report covers areas such as equity capital, cash flow statements, disclosures, and tax treatments.

Comparative Analysis of Financial Statements of Ausdrill Ltd and Rio Tinto Ltd

The report is prepared for analysing the financial statements of two organisations operating in the same sector having similar kinds of operations. Therefore, the organisations selected for this paper include Rio Tinto and Ausdrill Limited, as they are associated with extracting and mining mineral resources. It has been found that Rio Tinto has focused on equity capital, while Ausdrill Limited has concentrated on raising more funds through debt. In terms of cash flow statement, the position is deemed to be favourable for Rio Tinto as well. Finally, it has been found that Rio Tinto has incurred more cash tax compared to Ausdrill Limited because of more revenue generated over the years.

Corporate Accounting: Analysis of Financial Statements of Rio Tinto and Ausdrill Limited

The report is focused on analysing the various items listed in the financial statements of BHP Billiton, Rio Tinto and Ausdrill Limited. The objective is to evaluate their cash flow position, other comprehensive income statement, debt and equity positions along with corporate taxation.

Corporate Accounting

The assessment considers two company which are engaged in mining business for the purpose of identifying the operational structure if the business and also look into the sources of funds which are used by the business. Rio Tinto Ltd and Boral Ltd are considered on the basis of which significant items of the financial statements are considered. The assessment deals with the disclosure requirements of complex items which are generally shown in the financial statements of the company.

Corporate Accounting: Analysis of Financial Statements of Rio Tinto Ltd and Boral Ltd

The report analyses the finance statement of 3 ASX listed entities and the way they reported various items like assets, liabilities, other comprehensive income and cash flow statement. It further focuses on corporate income tax and computes the cash tax rate of the companies.

Corporate Accounting: Analysis of Financial Statements of Ausdrill Ltd and Rio Tinto Ltd

Corporate Accounting: Analysis of Financial Statements of Ausdrill Ltd and Rio Tinto Ltdlg...

Comparative Analysis of Financial Statements of Ausdrill Ltd and Rio Tinto Ltdlg...

Corporate Accounting: Analysis of Financial Statements of Rio Tinto and Ausdrill Limitedlg...

Corporate Accountinglg...

Corporate Accounting: Analysis of Financial Statements of Rio Tinto Ltd and Boral Ltdlg...

Corporate Accounting: Analysis of Finance Statements of ASX Listed Entitieslg...

Corporate Accounting: Analysis of Financial Statements of Ausdrill Ltd and Rio Tinto Ltd

Comparative Analysis of Financial Statements of Ausdrill Ltd and Rio Tinto Ltd

Corporate Accounting: Analysis of Financial Statements of Rio Tinto and Ausdrill Limited

Corporate Accounting

Corporate Accounting: Analysis of Financial Statements of Rio Tinto Ltd and Boral Ltd

Corporate Accounting: Analysis of Finance Statements of ASX Listed Entities