This part of the business report relates to a comparative

This part of the business report relates to a comparative analysis of the Fair Value Measurement (FVM) disclosures made by two selected ASX listed companies in their contemporary financial reporting.

Tasks: You will be required to extract and investigate two ASX listed consolidated companies’ recent financial reports on Fair Value disclosures. The annual financial reports of the selected ASX listed companies should be contemporary, i.e., you are supposed to collect 2020/2021 annual reports. The selection of companies will be assigned by the lecturer so that individual students can analyze FVM disclosures using two selected companies distinctively. The selection of ASX listed companies will be provided in Week 5 when the topic of Fair Value Measurement is covered in the lecture.

instruction for Part B: You are required to download the financial reports of any two selected companies and identify the required information from the notes on fair value disclosures. You need to compare how two companies’ fair value disclosures are made. In your demonstration, you need to identify and report, not least, on comparative fair value hierarchies, tiers, and methods used for differing classes of assets by the selected two companies. In addition, you need to provide the company profiles and the risk management aspects and strategies of the selected companies.

two companies that need to be referred are ASX:BXB and ASX:XRO