Accounting theory and application
Pre-release question Question 1 One of the biggest challenges facing organisations in meeting the Integrated Reporting (IR) requirements is identifying the boundary of the organisation. The Integrated Reporting Framework (IRF) on page 20 shows how the IRF reporting boundary is greater than traditional financial reporting based on accounting processes. However the May 2014 Climate Disclosure Standards Board (CDSB) discussion paper on boundary setting states (p18-19) that where non-financial reporting requirements are added to existing mainstream reporting requirements, the boundary used for existing mainstream reporting should apply equally to non-financial reporting requirements and that if any information is required about the outcomes or impacts of business activity beyond the boundary used for mainstream reporting, the circumstances in which such information should be provided must be specified and the resulting information separately labelled. Critically analyse the boundaries proposed by IR and CDSB identify any potential conflicts, potential similarities and identify the role of accounting in providing the required non-financial information for both proposals. Question 2 Critically evaluate how financial accounting and reporting contributes in both a positive and negative manner to the sustainability debate. In your evaluation you must assess how the information is utilized by the capital markets. Evidence and examples must be provided to support your view. · In- text referencing (Author, Date) is required in your answer · Answer each question in a separate book · No pencil is to be used.
first of introduction. whatever will be given in body
body explain everything conclusion for both the questions. Need to prove the body and need to add references to prove it. very careful. Example: if we are saying in body that "Sky is green" then references must prove is like Author P. XYZ, confirmed "Shy is green" etc...
4-5 references for each question.
Assignment needs by tomorrow morning
You are required to read IRF report and CDSB report and discussion paper on CDSB of may 2014 . Please give me call me for more details