International Accounting: AUD against GBP

INTERNATIONAL
ACCOUNTING

TABLE OF CONTENTS
TABLE OF CONTENTS................................................................................................................2
PART 1............................................................................................................................................1
a) Graph of the Australian dollar against the GBP for the five-year period 1 July 2016 to 30
June 2020. For the month of July 2020 construct a daily graph..................................................1
b) Highlight on the graph the major peaks and troughs in the value of the AUD against the
GBP..............................................................................................................................................3
c) Causes of peaks and toughs in value of AUD against GBP....................................................3
d) Prediction and discussion of value of AUD against GBP will be at 31 December 2020........4
PART 2............................................................................................................................................4
Trade weighted index in context of GBP....................................................................................4
PART 3............................................................................................................................................5
Relevance of GBP to international accounting for Australia and why other countries are
interested in the exchange rate with GBP....................................................................................5
PART 4............................................................................................................................................5
a) Interaction of Australian company with other countries.........................................................5
b) Effect of changing exchange rate of GBP to AUD had on strategic direction and operations
of the Australian company over the last 5 years..........................................................................5
c) Impact of the fall in AUD against GBP at June 2020 on the company...................................6
d) Disclosure of foreign currency activities by company............................................................6
PART 5............................................................................................................................................6
Aspect of international accounting relevant for GBP or company and its relevance..................6
REFERENCES................................................................................................................................7

PART 1
a) Graph of the Australian dollar against the GBP for the five-year period 1 July 2016 to 30 June
2020. For the month of July 2020 construct a daily graph.
Jun/16
Aug/16
Oct/16
Dec/16
Feb/17
Apr/17
Jun/17
Aug/17
Oct/17
Dec/17
Feb/18
Apr/18
Jun/18
Aug/18
Oct/18
Dec/18
Feb/19
Apr/19
Jun/19
Aug/19
Oct/19
Dec/19
Feb/20
Apr/20
Jun/20
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AUD/GBP AUD/GBP
1