This report provides a comprehensive analysis of Qantas Airways' corporate accounting practices. It begins with an introduction to the company, its business operations, and financial performance, including revenue trends, profitability, and capital expenditures. The report then delves into the valuation and accounting treatment of assets, specifically Property, Plant, and Equipment (PPE) and intangible assets, such as goodwill and brand names. The report also examines the company's sustainability initiatives, emphasizing environmental sustainability, including fuel efficiency programs, carbon-neutral programs, and utility reduction efforts. The report also discusses the importance of corporate social responsibility and its impact on the company's image and long-term financial success. The report concludes with a summary of key findings and insights regarding Qantas Airways' accounting practices and its commitment to sustainability.