Assignment: Advanced Financial Accoutning
Name Of the Company is
code : TLS
Company : Telstra Corporation, sector : telecommunication service
Words : 2500 words.
Go to the website of your company in the list of companies in the file " Find Your Company". Then go to the Investor Relations section of the website. This section may be called, "Investors", "Shareholder Information" or similar name.
In this section, go to your firm's annual reports and save to your computer your firm's latest annual report. For example, these may be dated 30 June 2017 or 31 March 2018. Do not use your firm's interim financial statements or their concise financial statements. You are need to do the following tasks:
Read the relevant footnotes of your firm's financial statements carefully and include information from these footnotes in your answer.
Within your firm's latest annual report,
Required:
1. From the annual report of your allocated company and in addition, to providing examples identify and describe the accounting concepts used.
2. With reference to the conceptual framework, and the debate over measurement in accounting. Using your allocated company discuss the issue of measurement and provide examples.
3. As fundament qualitative characteristics state your understanding of relevance and representational faithfulness in relation to the useful information of the financial statements and if one is more important than the other, in accounting for assets and liabilities. Provide examples from your allocated company.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.