Financial Reports of Macquarie Group Limited

FINANCIAL STATEMENT
ANALYSIS ON
DISCLOSURE
REQUIREMENTS

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
STEP 1: Financial report of Macquarie Group Limited..................................................................1
STEP 2: Analysis of Financial reports.............................................................................................1
(a) Analysing the profit and loss statement of Macquarie Group Limited.............................1
(b) Comprehensive income statement of Macquarie Group Limited.....................................3
(c) Analysing the financial position of MQG.........................................................................4
(d) Analysing the statement of change in equity....................................................................6
(e) Analysing the Cash flow statement of MQG....................................................................8
STEP 3: Revenue analysis.............................................................................................................10
STEP 4: Financial instruments.......................................................................................................10
(a) Identifying all the categories of Financial position of MQG..........................................10
STEP 5: Income tax analysis.........................................................................................................11
(a) Income tax expenses of MQG.........................................................................................11
(b) Disclosure of deferred tax balance of MQG...................................................................12
STEP 6...........................................................................................................................................13
STEP 7...........................................................................................................................................14
(I) Relevant standard............................................................................................................14
(II) CPA module Financial reporting...................................................................................14
CONCLUSION..............................................................................................................................14
BIBLIOGRAPHY..........................................................................................................................15

INTRODUCTION
In the present assessment, there will be discussion based on the financial reports of
Macquarie Group Limited which will be compared with various standards or framework
facilitated by IAS. Thus, the comparison based on the financial reports do meet all the criteria
which were facilitated by IAS. However, there will be analysis over comprehensive income
statements, profit and loss account, financial position, equity changes as well as firm's
profitability. Thus, such reporting will help professionals of the organisation in implementing the
fruitful changes in disclosure of such data set.
STEP 1: Financial report of Macquarie Group Limited
On the basis of Australian Security exchange, the MQG is having favourable value of its
share. Thus, it is an advisory group which normally deals as investment banking and fund
management services to various institutions or entities in Australia. Hence, the growth of this
firm in the international share market is rapidly increasing as well as it will be beneficial for the
shareholders or investors to make favourable investment planning. The internal strength of this
organisation is there are currently more than 14000 workers are performing their duties and 70
office which are located in 28 nations. However, due to these kinds of favourable growth the
business has $450 billion of Assets with it. Hence, there will be some analysis of the firm's
financial capacity in the market which can be understood through various financial reporting as
well as the criteria in meeting the standards set by IAS.
STEP 2: Analysis of Financial reports
(a) Analysing the profit and loss statement of Macquarie Group Limited
In accordance with the IAS, there are several rules and guidelines which are facilitated by
them in order to make adequate disclosure of accounts in universally accepted format. Thus, such
formatting will help the stakeholders or users of such reports belonging to various countries.
Hence, it will be fruitful for MQG to have investments from such nations or the international
investors. Thus, in accordance with IAS 1 which sets out whole needs of the financial statements
which are going to be disclosed as follows:
1

Illustration 1: Income statement of MQG
Interpretation: In context with the income statement of the MQG the accounts reflects
transactions based on 2016-2017 period. Hence, Organisation is presenting the Two methods
such as consolidated profit and loss statement and company statement. Thus, as per the norms or
standards denoted by section (IAS 1.7) which says that, the statement must be disclosed at the
end of the period whether annually or half yearly. Hence, MQG has disclosed such reports in the
end of the period and has the profitable earning for $4009.
2