This report provides a comparative analysis of the financial statements of Ausdrill Ltd and Rio Tinto Ltd for the last three years. The report covers areas such as equity capital, cash flow statements, disclosures, and tax treatments.

Corporate Accounting Assessment item 2 — Assignment

Select two public limited companies listed on the Australian Securities Exchange (ASX) that are in the same industry.

Compare financial statements of Ausdrill and Rio Tinto for 3 years, covering equity, cash flow, disclosures, and taxes.

Comparative Analysis of Financial Statements - Desklib

Comparative Analysis of Financial Statements of Ausdrill Ltd and Rio Tinto Ltd

This report analyzes the financial statements of Ausdrill Ltd and Rio Tinto Ltd for three years. It includes a comparative analysis of cash flow statements, effective tax rate, and tax structure. The report also discusses the equity and debt capital structure of both companies.

Hartpury University and Hartpury College

Finance

Corporate Accounting: Analysis of Financial Statements of Ausdrill Ltd and Rio Tinto Ltd

The assessment analyzes the financial statements of two companies for a period of three years. The assessment analyzes different elements which are disclosed in the annual report such as Income tax expenses. The assessment analyzes in dept the cash flow statement of both the companies in order to under the cash flows of the business during the year. The assessment conducts a comparative analysis of the cash flow statement between Ausdrill ltd and Rio Tinto Ltd. The assessment also contains calculations of Effective tax rate and Cash and Book tax rates and also an explanation of the tax expenses and tax structure of both the companies.

The report is prepared for analysing the financial statements of two organisations operating in the same sector having similar kinds of operations. Therefore, the organisations selected for this paper include Rio Tinto and Ausdrill Limited, as they are associated with extracting and mining mineral resources. It has been found that Rio Tinto has focused on equity capital, while Ausdrill Limited has concentrated on raising more funds through debt. In terms of cash flow statement, the position is deemed to be favourable for Rio Tinto as well. Finally, it has been found that Rio Tinto has incurred more cash tax compared to Ausdrill Limited because of more revenue generated over the years.

Comparative Analysis of Financial Statements of Ausdrill Ltd and Rio Tinto Ltd

Corporate Accounting: Analysis of Financial Statements of Ausdrill Ltd and Rio Tinto Ltd

Corporate Accounting: Analysis of Financial Statements of Ausdrill Ltd and Rio Tinto Ltd

Corporate Accounting: Analysis of Financial Statements of Rio Tinto and Ausdrill Limited

HI5020 Corporate Accounting - Assignment

Corporate Accounting - Sample Assignment PDF

(Doc) Assignment on Corporate Accounting

Comparative Analysis of Financial Statements of Ausdrill Ltd and Rio Tinto Ltd

Corporate Accounting: Analysis of Financial Statements of Ausdrill Ltd and Rio Tinto Ltdlg...

Corporate Accounting: Analysis of Financial Statements of Ausdrill Ltd and Rio Tinto Ltdlg...

Corporate Accounting: Analysis of Financial Statements of Rio Tinto and Ausdrill Limitedlg...

HI5020 Corporate Accounting - Assignmentlg...

Corporate Accounting - Sample Assignment PDFlg...

(Doc) Assignment on Corporate Accountinglg...

Corporate Accounting: Analysis of Financial Statements of Ausdrill Ltd and Rio Tinto Ltd

Corporate Accounting: Analysis of Financial Statements of Ausdrill Ltd and Rio Tinto Ltd

Corporate Accounting: Analysis of Financial Statements of Rio Tinto and Ausdrill Limited

HI5020 Corporate Accounting - Assignment

Corporate Accounting - Sample Assignment PDF

(Doc) Assignment on Corporate Accounting