Corporate Accounting: Equity and Liabilities Analysis of Westpac and National Australian Bank
VerifiedAI Summary
The report discusses on national Australian bank and Westpac that elaborates owners’ equity and all the other items in the equity section that shows change in the amount. It will further evaluate the liabilities section by including all the items included in it with the explanation of the changes in the liabilities items. The report also discusses the pros and cons of different sources of finance and compliance and reporting requirements for companies.