Corporate Accounting Introduction and Significance

CORPORATE
ACCOUNTING

INTRODUCTION:
 Various sources of funds used by the organizations is discussed.
 The chosen companies for evaluating the funding sources used to
raise the funds are Boral Limited and Brickworks limited.
 Concepts of provisions in the standard “AASB 137 provisions,
contingent liabilities and contingent assets” is analysed.
 Assets and liabilities are examined along with their basis of
measurement.

IDENDIFICATION OF FUNDS USED BY
COMPANIES:
Internally generated funds
 Retained earnings
 Equity shares or contributed equity
Externally raised funds
 Borrowings
 Lease financing
 Trade credit

IDENTIFYING THE PERCENTAGE OF
INTERNALLY GENERATED AND
EXTERNALLY RAISED FUNDS
For Boral limited
Year 2019 2018 2017
Internally generated funds 5528.9 5575 5421.2
Externally generated
funds 3233.1 3278.8 3397
Total funds raised by
company 8762 8853.8 8818.2
% of internally generated
funds 63% 63% 61%
% of externally generated
funds 37% 37% 39%