BUACC590 - Accounting and Finance - Transurban Company - FY18 UN Sustainable Development - Assessment Answer

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Internal Code: E_AI_DHGD_AIF Code: BUACC5901

Accounting and Finance Assessment Answer

Assignment Task: Question 1. Transurban is a company that primarily builds Toll roads in Australia and overseas. The 2018 Annual report for the Company is provided at the following address https://www.transurban.com/about-us/reporting Using the 2018 annual report to compare the financial results of the company between 2017 and 2018. You should use any financial information provided in the 2018 report (including ratios, and narratives) to conclude on the improvements or not in financial position and profitability. Your discussion should focus on reasons for any improvement or not (the group financial statements appear on Page 54 of the report). What other information would you need to make an assessment of Transurban? Question 2. The 2018 FY18 UN Sustainable Development Goals progress report is provided at the following address https://www.transurban.com/content/dam/transurban-pdfs/01/sustainability- reports/FY18-Sustainability-Report-SDG.pdf Use this information to explain how Transurban is meeting the UN Sustainable Development Goals (SDGs). What is your opinion of these initiatives? Question 3. The Unadjusted Trial Balance For Swan Jet Ski Hire As At 30 June 2019 is below: BUACC590 - Accounting and Finance
  1. Depreciation on the jet ski fleet for one year is $13,000. Depreciation on the office equipment is $600.
  2. Expired insurance amounted to $4,950
  3. A physical stocktake has determined that marine supplies on hand amounted to $600.
  4. The balance in the unearned rental revenue account includes $253 for services provided on 27 June 2012.
  5. Salaries earned but not paid amounted to $1,720.
  6. Accrued interest on the bank loan is $3,560
  7. Repairs on one jet ski performed in June for $850 have not yet been paid or recorded.
  8. Utilities for June of $275 have not been paid for or recorded at 30 June 2019.
Required: (a) Prepare an Income Statement for the year ended 30 June 2019. (b) Prepare a fully classified Statement of Financial Position as at 30 June 2019 Bases of assessment Marks Possible Question 1 Comparing the financial results of the Transurban group from 2017 to 2018. Use of key results (and their explanation) including ratios and narrations  Discussion on the improvements or not in financial position and profitability, and reasons  What other information would you need to make an assessment of Transurban? Question 2. Examination of how Transurban is meeting the UN Sustainable Development Goals (SDGs)  How do you rate the sustainability of Transurban?
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