This assignment aims at developing a clear understanding of students on different sources of funds
used/raised by companies. They will need to identify different sources of fund used by two selected
companies, discuss the evolution of the sources of fund used by the selected companies over a period of 3
years. They will have to relate the relative merits of different sources of funds used by the selected companies
and shed lights on why the selected companies are using different sources of fund differently. Students will
also have to summarise the key concepts under the AASB 137 ‘Provisions, Contingent Liabilities and Contingent
Assets and identify use of this standard by the selected companies. Students will have to identify all different
categories of assets recorded by the selected companies and examine the measurement basis used by the
company for each class of assets.
Collect the latest annual reports of Two (2) ASX listed companies for the last 3 financial years. Based on your
collected annual reports, do the following tasks:
Identify the different sources of fund that have been used by your selected companies.
Examine the evolution of the sources of fund used by the company over the last three financial
years with specific focus on the changes of different sources of funds.
Identify the percentage of the fund that is internally generated and the percentage of the fund
that is externally generated for each selected company.
Explain the relative merits and shortcomings of the different sources of fund used by your selected
Critically examine different types of liabilities shown in the balance sheet of your selected
companies? Identify which ones of the liabilities are interest bearing and which ones are not
interest is bearing.
Critically examine the key provisions under the AASB 137 ‘Provisions, Contingent Liabilities and
Identify if your selected companies have made any reference to this particular standard (AASB
137) in their annual reports.
Identify all different categories of assets recorded by the selected companies.
Critically examine the measurement basis used by the company for each class of assets recoded
by the selected companies.
Assignment Structure should be as the followi
Abstract – One paragraph
List of Content
Body of the assignment with detailed answer on each of the required tasks
List of references