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Strategic Planning Department Of My Company Essay

Satisfactory Essays

Here I’m working in the investment section of the strategic planning department of my company. My organisation is considering the Australian equities market for research purpose.
As per our company management team meeting me and my colleagues have collected data from two major ASX listed company, Commonwealth Bank of Australia (CBA) and Telstra. We have collected data regarding particular areas of the accounting standards, including, leasing, liabilities, intangibles, and revenue. We have discussed four major areas as an indicator to be investigated. In four of them, I’m analysing, comparing and discussing liabilities of these two companies.
Liabilities
An obligation that legally binds an individual or company to settle a debt. When one is liable for a debt, they are responsible for paying the debt or settling a wrongful act they may have committed. 
For Example: If you have a loan from the bank. You’re liable to pay back.
Commonwealth Bank of Australia
Commonwealth Bank of Australia (CBA) is a leading financial services organisations, which provide banking and wealth management (funds management, superannuation, insurance and investment advice) product and services for more than 10 million peoples in all over Australia. CBA is a top notch company in home lending and retail deposits. CBA have managed its strength of scale and brand by an irreplaceable infrastructure with 1150+ branches, 3800 Australia Post agencies, 3300+ ATMs and 155000 merchant relationships.
Investment

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