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AFNR315 Advanced Financial Reporting

Question

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Question:

CPA Australia issued a report called “An Exploration Of The Information Needs Of Selected Stakeholders Of Integrated Reporting” (CPA, 2016) in December 2016. The report summarized research that had explored the information needs of company stakeholders and their perspectives on integrated reporting (CPA, 2016). As explained in CPA (2016), the objectives of the report were three folds:

  1. to explore what stakeholders claim they need and expect from an integrated report;
  1. to assess the level of alignment between stakeholders’ expectations information needs; and

  2. to understand the usefulness of integrated reporting to their decision-making

According to CPA (2016), the integrated reporting framework was developed by the International Integrated Reporting Council (IIRC). Detailed information about the IIRC can be found from: http://integratedreporting.org/

Required

  1. Explain the role of the IIRC (You may reference to both the IIRC website and relevant accounting literature)
  1. Referencing to the CPA report and other existing accounting literature, explain the roles of integrated reporting in the following aspects:
  1. Providing information that is relevant to stakeholders; b. Comparability of reporting;
  2. Quality of reporting; and
  3. Usefulness of reporting; and
  1. Go to the examples database of the integrated reporting website: http://examples.integratedreporting.org/organisation/154, download2019 Integrated Report of two companies, and compare and discuss on any four of the <IR> Guiding Principles below:
  1. Stakeholder relationships; b. Materiality;
  2. Conciseness;
  3. Reliability and completeness; and e. Consistency and comparability
  1. With references to relevant accounting literature, discuss any factors that could explain the similarities or differences that you have uncovered in Required 3.

AFNR315 Advanced Financial Reporting

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BUACC2613 Management Accounting

Question: This assignment requires you to develop and design a product of your choice. It might be an existing product with your take on it with necessary improvement or a new product that does not exist in the market. You need to undertake R&D to determine the design, characteristics a ...

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COMM1503 Introduction to Quantitative Decision Making

  The Preparation For this project, you will access YAHOO! Finance to get the stock prices of the Toyota Motor Corporation. On the YAHOO! Finance start page ), Enter “TM” (i.e., this is the stock ticker of Toyota Motor Corp.) in the search field, and click search. Then click on t ...

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Statement of Financial Position

Online Undergraduate Referral Examination Answer Booklet 1. Please Enter your Name and Student Number and Module title in the first box. 2. Read the Turnitin section and check that you understand how Turnitin will be used to review your work. 3. Read the declaration to check that your submission ...

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Statement of Comprehensive Income

Nottingham Business School EXAMINATION PAPER - REFERRAL (UNDERGRADUATE ONLINE OPEN BOOK ) Module Name: Financial Accounting Module Code: ACCA10533 Examination Period: Referral (August) Examination Date: 24/08/2021 Time: Start time: 10:00am (UK Time); Duration: 6 hours Su ...

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