In this report, you are also required to select a 2018/2019 annual report of an Australian company listed in the ASX (Australian Stock Exchange. You may pick any online service company, that is publicly listed on the ASX.

You should provide your comments on the following questions:

1) Identify the measurement methods of Property, Plant and Equipment (PPE) that are adopted by the chosen company. Provide your explanation.

2) In your opinion, provide recommendations to the CFO regarding the measurement methods of PPE adopted by the chosen company that can improve financial performance in the 2019/2020 annual report under the current business environment. (6 marks) The report should demonstrate effective communication, logical presentation and integrated evaluation.

In particular, you may refer to the following or other AASBs in your report. 

• AASB Conceptual Framework for Financial Reporting 

• AASB 102 Inventories 5 

• AASB 116 Property, Plant and Equipment 

• AASB 136 Impairment of Assets 

• AASB 101 Presentation of Financial Statements

Answer rating: 100% (QA)

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