Answered step by step
Verified Expert Solution
Question
1 Approved Answer
If you could help with 3 and 4 in relation to telstra ASSIGNMENT TASKS Listen to the talk from the industry representative, research from the
If you could help with 3 and 4 in relation to telstra
ASSIGNMENT TASKS Listen to the talk from the industry representative, research from the media and obtain the annual reports for FY 2018-19 and FY 2017-18 of the company assigned to your group. Part A: Group task: Video presentation and reflection (42%): Section 1: Questions for Video presentation: In your video report you need to respond to the following questions: 1. Describe the business activities and locations of each operating segment of your company. Discuss the financial performance of your company, including the key factors affecting financial performance in 2018-2019, in comparison to the previous 2017-2018 financial year. 2. Explain, using examples, whether your company classifies expenses by nature, or by function. Identify and briefly discuss the components of Other Comprehensive Income. 3. Focus on the leases agreements, the company has entered, as a lessee. As the new lease accounting standard (AASB16) is effective for the first financial year commencing on or after 1 January 2019, your company is probably still applying the previous accounting standard (AASB117). Discuss how the new accounting standard will impact the assets, liabilities, and profit of your company. 4. Identify and describe each class of your company's Intangible assets. Explain the relevance of each class on intangible assets to your company's business operations ASSIGNMENT TASKS Listen to the talk from the industry representative, research from the media and obtain the annual reports for FY 2018-19 and FY 2017-18 of the company assigned to your group. Part A: Group task: Video presentation and reflection (42%): Section 1: Questions for Video presentation: In your video report you need to respond to the following questions: 1. Describe the business activities and locations of each operating segment of your company. Discuss the financial performance of your company, including the key factors affecting financial performance in 2018-2019, in comparison to the previous 2017-2018 financial year. 2. Explain, using examples, whether your company classifies expenses by nature, or by function. Identify and briefly discuss the components of Other Comprehensive Income. 3. Focus on the leases agreements, the company has entered, as a lessee. As the new lease accounting standard (AASB16) is effective for the first financial year commencing on or after 1 January 2019, your company is probably still applying the previous accounting standard (AASB117). Discuss how the new accounting standard will impact the assets, liabilities, and profit of your company. 4. Identify and describe each class of your company's Intangible assets. Explain the relevance of each class on intangible assets to your company's business operationsStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started