(a) The term "financial reporting" incorporates not only financial statements, but also includes other means of communicating financial and non-financial information. Financial reporting constitutes an important element of the corporate governance system

Discuss how the system of corporate governance may improve the quality of financial reporting and corporate communication.

(b) Corporate social responsibility is increasing seen as essential to the long term survival of companies.

What is corporate social responsibility and discuss the benefits to organisations which produce corporate social reports

(c ) Along with financial statements a company's annual report and accounts contains other useful information for example Directors' report, chairman report, management and discussion analysis, etc.

Show how this information may be of particular interest to investors and analysts