This report provides a comprehensive analysis of corporate accounting practices, specifically focusing on the fund sources of Wesfarmers Limited and Woolworths Group. The assignment begins with an abstract and table of contents, followed by an introduction that emphasizes the importance of funding for business operations and the need for compliance with financial regulations. Part A of the report delves into the background of the two companies, examining their owners’ equity sections, including issued capital, reserves, and retained earnings, and analyzing the movements in these equity items over a specified period. It also explores the liabilities sections, encompassing current and non-current liabilities, and discusses the movements within these sections. The report further outlines the advantages and disadvantages of different fund sources, such as equity shares and borrowings. Part B of the report examines the implications of classifying different types of companies in terms of compliance and reporting requirements. The report concludes with a summary of the key findings and references supporting the analysis.
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