Disclosures of primary and derivative financial instruments, Financial Management

Assignment Instructions

You are to survey the annual reports of five listed companies in the extractive industry sector from ASX or other sources for the most recent year possible and submit the following:

1. The list of companies selected, the dates of the annual reports and their website addresses.

2. Analyse the stated accounting policies (usually contained in note 1) concerning primary and derivative financial instruments and other stated disclosures as required under AASB 7; AASB 132 and AASB 139. You should also consider the following issues:

  • The usefulness/significance of disclosing financial instruments from users' perspectives.
  • The nature and extent of risks arising from financial instruments.
  • How are these entities managing those risks?
  • How are these entities recognising, measuring and presenting financial assets and financialliabilities?

 

3. Prepare a research essay which critically evaluates the various disclosures of primary and derivative financial instruments for your selected companies. Your essay should consider how and why these companies have complied with the requirements of AASB 7, AASB 132 and AASB 139 in regards to their primary and derivative financial instruments. Your evaluation may also consider the usefulness of financial instrument disclosures and awareness and management of risks associated with financial instruments.

Posted Date: 2/21/2013 6:05:20 AM | Location : United States







Related Discussions:- Disclosures of primary and derivative financial instruments, Assignment Help, Ask Question on Disclosures of primary and derivative financial instruments, Get Answer, Expert's Help, Disclosures of primary and derivative financial instruments Discussions

Write discussion on Disclosures of primary and derivative financial instruments
Your posts are moderated
Related Questions
stauffer , inc., has estimated sale and purchase requirments for the last half of coming year. parepare cash budget for the month of

what is amount of cash dividend if investor buys share of 100 at premium of 400.

ESTIMATING WORKING CAPITAL REQUIREMENTS To facilitate, estimate the extent of working capital requirement of a firm, various factors are to be considered. There are various me

Pros and Cons Simulation technique allows experimentation with a model of the real life system. Whenever experimenting with the system itself is risky and/or costly, simulation

When a manager measures the interest rate exposure, he would be interested in analyzing the exposure to a set of changing interest rate. The process of r

How would you explain transaction exposure? How is it different from economic exposure? Answer:Transaction exposure is the sensitivity of comprehend domestic currency values of

Rationale of Accounting Standards Accounting Standards are created along with a view to harmonise various accounting policies and practices in use inside a country. The goal o

1. What is a venture's present value? Does the past matter? What is meant by the statement, "If you are not using estimates, you are not doing a valuation?" 2. Define (a) requ

Six years ago . the singleton company sold a 20 year bond with a 14% annual coupon rate and a 9% call premium. today, singleton called the bonds. the bonds originally were sold at

Q. Advantage of Profitability Index method? Advantage of PI method:- (i) Similar to the other DCF techniques the PI method as well takes into account the time value of money