Corporate Accounting: Analysis of Financial Years of QEM Limited and South32

CORPORATE
ACCOUNTING

Abstract
The report brings out an evaluation with the help of analysing two financial years for two
major companies named as QEM limited and South32. The report has used the annual reports
for the analysis to evaluate the equity, its elements, liabilities and its elements. The report has
analysed how compliance to laws and regulations differs from small proprietary
organisations, large proprietary organisations to the disclosing companies. Further, the report
determines the change in the items of equity and liability in the three financial years 2016,
2017, and 2018. Further, there is a discussion on. How effectively an organisation raise and
decide its source of finance.

Contents
Introduction................................................................................................................................3
Part-A.........................................................................................................................................3
Part-B.......................................................................................................................................10
Conclusion................................................................................................................................11
References................................................................................................................................13

Introduction
The report will describe and elaborate the owner`s equity by covering every item as being
accomplished in equity section. It will cover and evaluate the change in the balances of the
items to understand the movement of liabilities. It is seen that there is a description of
negative and positive impact of each source of raising funds as being decided in order to
invest in organisation. Further, the second part of the report brings out a critical implication
of source of funds on concept of both small and large organisation. The core purpose of the
report is to foresee the performance of listed company under ASX (Australian securities
exchange) (South32, 2018).
Part-A
QEM limited
QEMN limited is a public listed organisation registered under ASX (Australian securities
exchange). The organisation focuses on development and exploration of flagship that covers
the project in Julia creek area of the North Queensland. Julia creek vanadium project is a
special excellent resource with an aim to bring innovative energy after production of energy
fuels. QEM strives to emerge as a leading manufacturer of the liquid fuels. The company has
the purpose to emerge as a global supplier of the supreme quality for both nascent sector for
storage sector and Australian steel industry. It is one of the largest ASX listed organisation
representing significant opportunity for the development.
PARTICULARS 2018 2017 2016
Issued capital $ -
Treasury stock $ 2000
Common stock $ 1067.421 1023.921 755.319
Retained earnings (Accumulated loss) -$ 2076.904 -1027.079 549.808