The Financial Statement Assignment report audits BHP Billiton Operations in Australia. The report highlights factors influencing the company’s growth within the mining industry.
In this audit assignment, the primary emphasis is on the role and function of the auditor in the listed company of Australia. For the study, BHP Billiton is selected, a giant in the mining industry.
After analysing the consolidated income statement of BHP Billiton financial report, it has been evaluated that the company has generated a profit of 117 US Dollar as compared to its financial year 2018-2019.
The study developed within this accounting assignment clearly establishes that BHP Billiton and Rio Tinto follow the same method for similar items in the classification and valuation of PPE.
This report on accounting assignment would focus on the critical aspects of corporate social responsibility and how it helps the businesses all around the world to scale their products and services by maintaining a sustainable approach.