SCHOOL OF ACCOUNTING Subject:22754 Corporate Accounting Assignment on Woodside petroleum Limited Lecturer:Daniel David Class:Tuesday 6pm Due Date:16th may 2005 Full NameStudent ID Table of Contents Introduction1 desktop1 Financial Press Journal2 Share price movements7 caller-out yearly results7 Profitability7 Liquidity8 Gearing9 Impact of international Financial Reporting Standards (IFRS)10 Reference14 Introduction This report will fork out to analyse an ASX listed company, Woodside rock oil Limited, through the recent articles from financial stir up and the companys 2005 annual report. The report will first concisely introduce the companys history and the companys main activities. avocation is a journal comprising of summaries of articles from financial press on Woodside Petroleum Limited amidst 1st January 2006 and 13th May 2006. The occurrence in the articles are analysed and their impacts for the company, its investors and other stakeholders are discussed. The third instalment contains a chart of the recent share prices and shows the relationship between the companys share price and what is found in the financial press.
The fourth component engages in an assessment of the companys annual results and a comparison of what is in the directors report and the analytical financial press at the time of the reports announcement. The final section documents any important changes in the accounts that have occurred as a result of the adoption of IFRS. Background Woodside Petroleum Limited (WPL) is an Australian accelerator and oil company which established in 1953. Its name came from a small town in Australias southern-most mainland state, Victoria. The company began exploration oil production and major gas and condensate discoveries were made in 1971 at Scott Reef. WPL has a portfolio of assets, projects, development opportunities and exploration interests in eleven countries spanning four... If you need to get a full essay, order it on our website: Orderessay
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