Analysis of Owner's Equity and Liabilities in ASX Listed Companies

Running head: CORPORATE AND FINANCIAL ACCOUNTING
Corporate and Financial Accounting
Name of the Student
Name of the University
Author’s Note

CORPORATE AND FINANCIAL ACCOUNTING1
Abstract
The main purpose of this report is the analysis of different elements of owner’s equity
and liabilities in two ASX listed companies that are Wesfarmers Limited and
Woolworth Limited. This report provides understanding on each of the elements of
owner’s equity and liabilities in the selected companies. In addition, this report
discusses about the movements in these items with proper reasons. This report also
provides the compliance requirements of large and small proprietary companies.

CORPORATE AND FINANCIAL ACCOUNTING2
Table of Contents
Introduction...................................................................................................................3
Items under Owner’s Equity.........................................................................................3
Reasons for Movement in Owner’s Equity...................................................................3
Items under Liability Section.........................................................................................4
Reasons for Movement in the Items of Liability...........................................................4
Advantages or Disadvantages Each Source of Fund..................................................5
Small Proprietary Company, Large Property Company and Reporting Entity.............5
Conclusion....................................................................................................................6
References...................................................................................................................7