Analyzing PPE Disclosures In BHP Billiton’s Annual Report Essay, AASB 116.

Objective of general purpose financial reporting and qualitative characteristics of useful financial informationThe objective of the report is to provide faithful and accurate representation of the financial statements, which is crucial for all business organisations owing to the effects on the community status and self-assurance of the investors. The scope of the paper would initially focus on elucidating the objectives of general purpose fin…