Main criticisms of traditional financial reporting

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Reference no: EM131054361 , Length: word count:800

The details of Assessment Task-

This part is an individual essay.

You will be provided with further information about the "ASSESSMENT TASK 2, PART A" and the online submissions of both parts in week 8 or earlier.

The Essay:

There have been many suggestions that reports provided to stakeholders should provide a broader set of information about a company's performance than just financial performance.

Required:

You are required to research information on the below issues, and then write the results of your research in an essay format (introduction, body and conclusion).

1. The main criticisms of traditional financial reporting

2. What other types of information could be included in annual report

3. The costs and benefits of providing this information

4. And provides your opinion on whether firms should include more than financial information in their annual reports. You mustjustify your opinion.

Additional information:

- You are expected to undertake research in order to complete this task. Review of Chapter 17 in the textbook can be a good point to start your research on this essay. Your research should also include further primary-source references (i.e. peer-reviewed journals and scholarly books).

- Word Limit: 800 words (excluding references), double-spaced, 12-point Ariel or Times New Roman font. A word count must be included. Students exceeding the word limit by more than 10% will incur a mark penalty.

- Students must submit a properly referenced assignment that complies with the Harvard referencing style. This includes in-text citations and a reference list.

- You must keep a copy of your submission until the assignment results are released.

Please be reminded that this assessment task is an individual assignment in this unit. Any plagiarism and collusion will result in severe consequences for the students involved.

Reference no: EM131054361

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