logo

Introduction to Accounting and Finance | Assignment

   

Added on  2020-05-11

16 Pages2383 Words103 Views
INTRODUCTION TO ACCOUNTING AND FINANCE ASSIGNMENT
Introduction to Accounting and Finance | Assignment_1
1By student name ProfessorUniversityDate: 25 October 2017.1 | P a g e
Introduction to Accounting and Finance | Assignment_2
2ContentsIntroduction.................................................................................................................3Industry Situation and Company Plans.....................................................................5Financial Statement Analysis.....................................................................................6Ratio analysis..............................................................................................................11Conclusion...................................................................................................................13Refrences..................................................................................................................142 | P a g e
Introduction to Accounting and Finance | Assignment_3
3IntroductionTelstra Corporation Limited has been chosen as the company for analysis. It is one of the largesttelecommunication company in Australia and is listed on the Australian Stock Exchange. Itbuilds and operates networks and deals in voice, mobile devices, internet, television and otherentertainment services and products[ CITATION Ale16 \l 1033 ]. It is the telecommunicationleader in Australia. It is fully privatised and has its head office at Melbourne. The CEO of the company is Andy Penn, who succeeded David Thodey in the past. The Homeoffice of the company is in Telstra Corporate Centre, Melbourne, Australia. Telstra follows thefinancial year July to June and therefore the last concluded financial year was June 30, 2017.The company deals in a number of telecommunication products and services in both thewholesale and the retail market including broadband network, fixed telephony, cable internet,ADSL , mobile broadband, satellite internet, dial up internet, low cost internet, subscriptiontelevision, etc. The main geographic area within which the company caters its clients isAustralia and New Zealand. The company’s independent auditors for the year ended 30th June,2017 were Ernst & Young, who declared that Telstra has made no contravention against what ismentioned in Corporation Act 2001 and the applicable professional code of conduct[ CITATIONBen17 \l 1033 ]. Further, they have mentioned that the financials have been prepared as per theAustralian Accounting Standards and International Financial Reporting Standards and that theygive the true and fair view of the consolidated performance of the company. Also, they havereceived all the declarations as required by Sectio 295A of the Corporations Act, 2001. Also,they declared that on reasonable grounds it can be concluded that the company woud be ableto pay off its debts as and when it becomes due. The most recent price of the company’s stockwas AUD 3.54 per share as on 27th October, 2017 and the dividend per share was found to be15.5 cents which was fully franked.3 | P a g e
Introduction to Accounting and Finance | Assignment_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Corporate Accounting (PDF)
|10
|1884
|171

Marketing Analysis of Telstra TV: Strategies to Attract Targeted Customers
|11
|2991
|238

Investment Opportunity in Australian Market: Telstra Corporation Limited and TPG Telecom Limited
|18
|4645
|194

Corporate Accounting: Financial Statements Analysis of Telstra and TPG Telecom Limited
|27
|5087
|482

Financial, Social and Environmental Performance Analysis of Telstra Corporation Limited
|16
|4521
|480

The Largest Telecommunications in Australia
|11
|2683
|42