ACFI2011: Qantas Business Activities - Accounting & Finance Assignment Help

Assignment Task

PART A
Your friend Blair Farai has $500,000 of savings and would like to invest in Qantas group. She is aware that you are doing a business degree and have done several accounting courses at the University of Newcastle. She is not familiar with financial statements and is unsure where to find relevant financial information to assist her investment decision.
She is asking you to help her with her investment decision. She has asked you to prepare a brief report on the company's economic sustainability based on Qantas' 2020 financial statements.
 

Required:

Summarised the Qantas business activities. (Hint: you can find it at Qantas's website). 

Download the 2020 annual report of Qantas Group Limited (Hint: you can find it at Qantas's website). Review Qantas' financial statements (income statement, balance sheet, statement of changes in equity, cash flow and note to the financial statements). Write a brief report on Qantas' economic sustainability based on 2020 financial statements and  provide your investment recommendation to your friend.

(NOTE: Although there are so many factors you may consider before making an invesemtn decision, Your assessment here needs to be solely based on the company's financial statements. No current and future assumptions are necessary.)
 

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