Reference no: EM132934298
1. Explain the meaning of sustainability and outline why corporations might consider it in their business operations.
2. Discuss the impact of sustainability issues on conceptual framework and the accounting profession.
3.What is international integrated reporting and how does it differ from the current financial reporting system we have?
4.What is the Global Reporting Initiative, and what is its purpose?
5. How would the following theories explain corporate social responsibility reporting?
a) Positive Accounting Theory
b) Legitimacy Theory
c) Stakeholder Theory
d) Institutional Theory
6. What is XBRL? What are the arguments for and against disaggregation of data in financial statements?
Case study 11.1: Turning the heat on
1. Outline how climate change is likely to affect Sewell's business operations in developing countries.
2. Evaluate the social issues likely to impact on a business operating in a developing country.
3. Evaluate what role accountants can play in addressing climate change in a business environment.