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 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 financial statements of Rio Tinto and Ausdrill Limited in the same sector.

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

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.

Hartpury University and Hartpury College

Finance

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.

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

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

Corporate Accountimg

This paper explains about the two ASX listed companies 3year annual report and their different source of fund, identifying the percentage of funds they generate internally and externally and the merits and demerits of different sources of funds. Different sources of funds In Pelican Resources Ltd Company’s different sources of funds are shareholders fund, Security deposits, revenues and equity during the year 2016 to 2018 whereas in the Rio Tinto Plc the source of funds are borrowings, retained earnings, cash from other investment, equity share,

Funds that have been used by the organizations Pelican Resource Limited and Rio Tinto PLC over the last three financial years

This assessment evaluates the financial statement of Rio Tinto Ltd, a leading mining business. It compares the company's performance, accounting policies, and identifies property, plant, and equipment values.

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

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

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

Corporate Accountinglg...

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

Funds that have been used by the organizations Pelican Resource Limited and Rio Tinto PLC over the last three financial yearslg...

Corporate Accountinglg...

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 Ltd

Corporate Accounting

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

Funds that have been used by the organizations Pelican Resource Limited and Rio Tinto PLC over the last three financial years

Corporate Accounting