Hi Tutor, I have already done question 1. I would ask you to provide me the solution of 2 and 3.I have attached the file that have question.Thank you for the support. You are required to obtain the annual reports of two ASX Top 200 companies in the sameindustry and write a business research report to address the following questions related to theitems included in property, plant and equipment.1. Review and evaluate the PPE disclosure of your selected companies which may include:What range of measures is used to determine amounts for these items in the reports ofthe individual companies?Do you think it is valid to add the items, given the measures used?How would you interpret the total amount for property, plant and equipment in thefinancial statements?• Compare the measures used by the different companies for similar items. Are there anyinconsistencies in how similar items are measured by the different companies?2. Discuss the factors that accountants should consider when setting up company accountingpolicy relating to PPE.3. Detail your view on the subsequent measurement of PPE and provide recommendations toaccounting standard setters.

Accounting Policy- Accounting policies are the specific principles, foundations, conventions, rules,…

Discuss the factors that accountants should consider when setting up company accounting policy relating to PPE. . Detail your view on the subsequent measurement of PPE and provide recommendations to accounting standard setters.

Discuss the factors that accountants should consider when setting up company accounting policy relating to PPE. . Detail your view on the subsequent measurement of PPE and provide recommendations to accounting standard setters.

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter12: Auditing Long-lived Assets And Merger And Acquisition Activity

Section: Chapter Questions

Problem 26RQSC

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