ACCT3011 Financial Accounting B Assignment: Qantas Analysis

This financial accounting assignment analyzes Qantas Limited's operating segments, including Qantas Domestic, International, Jetstar Group, Qantas Loyalty, and Corporate, referencing the annual report for the period ended 30th June 2018. The assignment addresses questions related to segment revenue, EBIT, and the application of AASB 8. It also examines the combination of operating segments, the evolution of segment reporting standards (AASB 1005 and AASB 114), and the flexibility allowed in segment disclosures. Furthermore, it explores the opportunistic use of these flexibilities by management. The assignment concludes by contrasting significant influence and control, using Virgin Samoa Limited as an example.