Required to individually prepare a report to the directors of Black Box Ltd

You are required to individually prepare a report to the directors of Black Box Ltd which must include: • Explanation of how each proposal would be treated to comply with the requirements of the appropriate Australian Accounting Standards, restricting your analysis initial impact (i.e. 1 July 2016 and first-year end impact (i.e. to 30 June 2017); and • Explanation as to if the proposals would assist Black Box Ltd in meeting their objectives, identifying which of the two proposal, if either, achieves the best outcome; and • Preparations of journal entries for each proposal for the period 1 July 2016 to 30 June 2017; and Your report should follow the requirements as specified in the marking rubric. • All calculations should be rounded to the nearest whole dollar or percentage amount. • Please use the financial tables provided in the document. • Ensure you use the most recent version of the AASB  AASB 117 Leasing issued in August 2015  AASB 132 Financial Instruments: Presentation issued August 2015