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Accounting for Business Decisions Assignment-

The assignment will require the group to undertake research using the website of the Australian Stock Exchange (ASX) and/or the Company whose industry is ENERGY that you have chosen.

The company is woodside energy Ltd.

The topic is woodside energy.

Part 1- Executive Summary & Introduction

Provide an executive summary which states the problem, how it was investigated, what was found, and what the findings mean. The introduction may include the company's background relating to business structure, operations, services and all other business activities that are conducted, etc.

Part 2- Main Body

A. Statement of Financial Position

Use the annual report for the year ending 30 June 2015. Your group will need to review the major sections of this report in order to familiarize yourselves with the content of each of the financial statements and appropriate notes to the financial statements.

Review the balance sheet of the company and indicate the amount of the following:

a) Total current assets

b) Total non-current assets

c) Total current liabilities

d) Total non-current liabilities

e) Total stockholder's equity

Compare the above figures with the previous year and compute the percentage increase or decrease and comment on the comparative financial condition of the company.

B. Stockholders' Equity

Review the stockholders' equity section in your chosen company's most recent year-end balance sheet and compare that with the previous year-end balance sheet. Compare percentage increase or decrease.

List the stockholders' equity account balances and number of outstanding shares from these two balance sheets and compute the increase or decrease for each during this past year.

C. Statement of Profit & Loss

Review the income statement and indicate the following:

a) Total (operating) revenues

b) Cost of Goods Sold (if relevant)

c) Total expenses (before income taxes)

d) Any non-operating (or extraordinary) gains and losses

e) Earnings per common share

Compare the above figures with the previous year and compute the percentage increase or decrease and comment on the comparative financial operation of the company.

D. Statement of Cash Flow

Review the statement of cash flows for the most recent year and indicate the following:

a) net cash inflow (outflow) from operating activities

b) net cash inflow (outflow) from financing activities

c) net cash inflow (outflow) from investing activities

d) net increase (decrease) in cash during the year

Analyse the Cash Flow Statements for the last 2 years and comment on the cash position of the company.

Part 3- Conclusion

Discuss the importance & interpretation of the findings.

Part 4- Recommendations

What is the course of action based on your conclusion?

Part 5- References

List all sources used. Harvard style of referencing should be used.

Part 6- Appendices

Graphs, charts, tables or other data not mentioned in the body.

Words:- 2500.

References:- 15.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91950144

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