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Corporate Accounting

Each group will be allocated two (2) corporations, One will be a mining company and the other will be in a different industry.
The two corporations are Bluescope Steel Limited (BSL) and Fletcher Building Limited (FBL)

TOPIC
The Federal Government has passed the Clean Energy Future Legislative Package which introduces a carbon price from 1st July, 2012. The Minerals Resouce Rent Tax begins operation from that same date.
Compare and contrast the impacts of these two pieces of legislation (if any) on the Profit and Loss Statement of each company (Bluescope Stell Limited and Fletcher Building Limited) .
Also discuss whether there are any particular segments of the company that are more exposed to this new legislation (both as to benefits and adverse effects).

*Please look at the annual report that I have provided for these two companies. Only use the 2010/2011 data to analysis the impacts of carbon price and MRRT on the profit and loss statement. (This is a presentation, please include some tables or diagrams or charts if applicable so that I can use them to explain to the class more clearly)

Please use 7 references

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