Question: 1-a. Using these definition and relevant accounting standards, discuss how a company should classify and disclose the following items in its general purpose financial reports statements:
i. Carbon trading permits issued by government
ii. Intellectual property developed in the business
iii. Share options issued to employees
b) Discuss any accounting and/or non- accounting problems associated with your conclusions to (a) above.
2. System Oriented theories & Social and environment Accounting. Read the article available on Google scholar: Parker, L. 2005 The view from the commentary box. Accounting , Auditing and Accountability Journal Vol 34, No 6/7 p 826-834
a. Discuss one system-oriented theory mentioned in the article and explain how it has been used to conduct social and environmental accounting research.
b.The article also refers to deep green (or ecological) theories. Use these theories to critique the environmental and social impacts of large manufacturing firms.