Analysis of Equity Position, Cash Flow, and Income Statement for Corporate Income Tax Management

Running head: ACCOUNTING
Accounting
Name of the student:
Name of the University:
Authors note:

1ACCOUNTING
Executive Summary:
In the report is based on the analysis that considers the equity position that comprises of the
company’s cash flows, and other relevant statement of income. This is related to the basic
requirement of managing of the income tax for the corporate income that has lead to the
evaluation of the suitable that is based on the effective decision making on the methods right
investment of making the two companies namely Wesfarmers Limited and Woolworths Group
Limited. The various types of current assessment can be evaluated on the apparent solvent
position that would relate to both companies. On reviewing the balance sheet statement of the
company the4 companies shares reserves have declined on majority for calculating all the shares
equity of the company.

2ACCOUNTING
Table of Contents
Introduction......................................................................................................................................3
Owner’s Equity................................................................................................................................4
Requirement (i)............................................................................................................................4
Requirement (ii)...........................................................................................................................5
Cash Flow Statement.......................................................................................................................5
Requirement (iii)..........................................................................................................................6
Operating cash Flow........................................................................................................................6
Investing cash flows........................................................................................................................6
Financing cash flows.......................................................................................................................7
Requirement (iv)..........................................................................................................................8
Requirement (v)...........................................................................................................................9
The other comprehensive income statement....................................................................................9
Requirement (vi)..........................................................................................................................9
Requirement (viii)......................................................................................................................10
Requirement (viii)......................................................................................................................10
Requirement (ix)........................................................................................................................11

3ACCOUNTING
Accounting for Corporate Income Tax..........................................................................................12
Requirement (x).........................................................................................................................12
Requirement (xi)........................................................................................................................12
Requirement (xii).......................................................................................................................13
Requirement (xiii)......................................................................................................................13
Requirement (xiv)......................................................................................................................14
Requirement (xv).......................................................................................................................14
Requirement (xvi)......................................................................................................................15
Conclusion.....................................................................................................................................15
References......................................................................................................................................16