Assignment- Sustainability Reporting Framework
The focus of this assessment task is Learning Objective
In recent years directors and CEOs of companies have been placing more importance on holistic reporting of company activities rather than simply reporting what is required by the Accounting Standards, the Corporations Act and other legislation. The Global Reporting Initiative is an international not-for-profit organisation that has pioneered and developed the world's most widely used voluntary Sustainability Reporting Framework.
In 2013 the fourth iteration of the Sustainability Reporting Framework guidelines were released. These can be accessed via the link below.
Required
• Referring specifically to section 5.1 of the above report, analyse how applying these voluntary guidelines might alter the information presented in the Flight Centre 2014 Annual report
• Evaluate whether and how complying with the Sustainability Reporting Framework guidelines would benefit potential investors and shareholders
Your assignment must be presented as a standard business report including an executive summary, a table of contents, an introduction and a conclusion. The report must be between 2000 to 2,500 words in length.
This assignment requires individual research. The links below are a couple of links to get you started on your research. Please note you may be required to register to access the materials.
https://www.globalreporting.org/network/regional-networks/gri-focal-points/focal-point-australia/Pages/default.aspx
https://www.globalreporting.org/information/sustainability-reporting/Pages/default.aspx
Rationale
Assessment Task 2 is designed to assess your understanding of Topics 5, -Social and Environmental Accounting-, and Topic 6,
-Management Accounting and Professional Ethics-, covered in MBA504 and links to the following learning outcome:
Explain and evaluate the concepts behind the management decision processes associated with the efficient allocation of business resources.