Question
See June 2020 annual report of BHP limited and answer the following questions: a. Critically analyse to what extent the 30 June 2020 annual report
See June 2020 annual report of BHP limited and answer the following questions:
a. Critically analyse to what extent the 30 June 2020 annual report of your company meets the disclosure requirements for PPE as per AASB 116. (15 marks) b. Based on your findings in part a, critically analyse to what extent the disclosures on PPE satisfy the fundamental and one of the enhancing qualitative characteristics of useful financial information. (10 marks) c. Based on your findings in part b, critically discuss to what extent the disclosures on PPE align with the objective of general-purpose financial reporting. (10 marks) d. Recommend any actions to be taken by your company to improve their disclosures for 30 June 2021 annual reports based on your analysis in part b and c. (5 marks)
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