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Financial Reporting Disclosures in the Australian Corporate

   

Added on  2020-04-01

10 Pages2333 Words43 Views
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Financial Reporting Disclosures in the Australian Corporate Sector
Financial Reporting Disclosures in the Australian Corporate_1

Executive SummaryThis report emphasises on the importance of the fulfilment of PPE based on the Conceptual Framework for Financial Reporting for the distribution of right kind of information to the stakeholders of the company. BHP Billiton , an Australian multi-national company headquarter at Melbourne , Victoria AUSTRALIA having 31 bn in revenue and listed in S&P / ASX will be evaluated for the purpose of PPE disclosure requirements as per AASB 116(Parker,2011).
Financial Reporting Disclosures in the Australian Corporate_2

Table of ContentsIntroduction:....................................................................................................................................3a. Objective of general purpose financial reporting.........................................................................3b. A discussion on latest annual report of in relation to disclosure requirements for PPE as per AASB 116........................................................................................................................................5c. A discussion on the fulfilment of the useful financial information distribution in relation to disclosure of PPE as per AASB 116................................................................................................7Conclusion:......................................................................................................................................8Reference:........................................................................................................................................8
Financial Reporting Disclosures in the Australian Corporate_3

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