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ACCT3321 Financial Accounting Theory And Practice

tag 0 Download 7 Pages / 1,669 Words tag 07-07-2021

Question 

Integrated Reporting

You are a manager at an audit company.
 
Integrated Reporting (<IR>) is a new form of corporate reporting that has emerged after decades of calls by academics and practitioners for corporate reporting on economic, environmental and social aspects of business to be more holistic and integrated. Despite many companies and institutions promoting the adoption of <IR>, it is not spreading beyond the few countries where it is mandatory.

Write a report for an audit partner (Ms W. Red) in your business addressing the following:

What is integrated reporting? Provide a (very) brief history behind <IR> and where it is used today.

How is the implementation of integrated reporting likely to change annual reports of Australian companies?

Find  2 2016 annual reports and 2 integrated reports (list the 4 company names and report names in your report – they can be from anywhere in the world (in English) but preferably Australia) and note any differences and similarities between the 4 reports. NB Please include the URL link to the companies’ reports you analysed in your references.

What are the main challenges and benefits for an Australian company to move to <IR> compared to a current position of producing an annual report or annual report plus sustainability report?

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My Assignment Help. 'ACCT3321 Financial Accounting Theory And Practice' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/acct3321-financial-accounting-theory-and-practice/reliability-of-information.html> accessed 28 January 2023.

My Assignment Help. ACCT3321 Financial Accounting Theory And Practice [Internet]. My Assignment Help. 2021 [cited 28 January 2023]. Available from: https://myassignmenthelp.com/free-samples/acct3321-financial-accounting-theory-and-practice/reliability-of-information.html.


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