Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ASSIGNMENT INFORMATION This Assignment is worth 20% of the total assessment for this unit. This assignment will be marked out of 80 and scaled down

ASSIGNMENT INFORMATION

This Assignment is worth 20% of the total assessment for this unit. This assignment will be marked out of 80

and scaled down to being out of 20. The assignment has 5 questions.

There is a lot of information that needs to be identified for this assignment. You should start now. Do not

leave it for a later time. If you have queries, ask the lecturer (Simon)

Download the Annual Report for 2023 of the company that has been selected for your assessment.

https://sevengroup.com.au/assets/Annual-Reports/9d6d5890d2/SGH-Annual-Report-2023.pdf

Q1.

Identify in the Financial Statements, which start at page 102, the notes to the financial statements which end on

page 166, including the statements of significant accounting policies, those parts that relate to property, plant and

equipment. I suggest that there is no need to print these pages. Useful information can be found in the notes

which start on page 107.

Read these notes and then show, on a line by line basis with reference to the Primary Statements and the notes

that follow the Primary Statements, how this information complies with the disclosure requirements of AASB116.

Your illustrations in the notes and statements should, in your own words, refer to the specific paragraphs and

sub-paragraphs of the disclosure requirements. You do not have to copy all the content, just give an accurate

paragraph reference and in your own words a summary of the content. AASB 116 can be found at

https://www.aasb.gov.au/admin/file/content105/c9/AASB116_08-15_COMPdec22_01-23.pdf

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Modern Advanced Accounting In Canada

Authors: Hilton Murray, Herauf Darrell

9th Edition

1259654699, 978-1259654695

More Books

Students also viewed these Accounting questions