Please answer Question 1 and Question 2. All questions carry equal maximum marks
“Sustainability disclosure is now at the top of the agenda for the world’s largest investors, the world’s largest companies and regulators in almost every major market… That’s a sea change from where this conversation was even five years ago.” says Janine Guillot, chief executive of the Sustainability Accounting Standards Board (SASB). [Extracted from Murray, (2021)].
There has been a substantive shift in sustainability discourses among diverse stakeholder groups because of the Sustainable Development Goals (SDGs). Lecture 1 and 2 of this module highlighted a few of the contemporary sustainability driven initiatives and addressed ways organisations have been embracing these new ideas in their sustainability reports, to maximise returns, enhance operational practices and ethicality, and minimise negative impacts on society.
Prepare a detailed report; comprising a critical reflection of one current issue covered in Lecture 1 or 2 and its implications for sustainability disclosures and practices of a multinational corporation of your choice. The report should include why and how such a current issue has been reflected in your chosen corporation’s policies, sustainability reports, business models and strategies. Your critical reflective piece should also highlight the implications of your chosen topic for the achievement of the Sustainable Development Goals by 2030.
Your report should be based on a detailed and critical review of relevant academic, credible media, professional and practitioners’ publications with proper academic citations and references.
(Word limit: 1,250)
“Shocking news broke in May 2015 when Toshiba announced that it was investigating an accounting scandal. The company said in a statement that “there has been inappropriate accounting going on for a long time, and we deeply apologize for causing this serious trouble for shareholders and other stakeholders…”
Briefly explain the earnings management method(s) used in Toshiba’s accounting scandal. Critically discuss what internal or external monitoring mechanisms could be put in place or be improved to prevent such a scandal from happening again. Your analysis should focus on a maximum of three mechanisms.
You are not expected to provide detailed discussions of the background of the company and the scandal. In your answer, pay particular attention to theoretical considerations regarding the potential monitoring effects of the mechanisms on the company’s financial reporting practices. Your argument should be based on a review of relevant theoretical and empirical academic literature with proper academic references.
(Word limit: 1,250)
Overall word limit, 2,500 words maximum (1,250 for each question).
Assignments should be typed, using 1.5 spacing and an easy-to-read 12-point font. Assignments and dissertations/business projects must not exceed the word count indicated in the module handbook/assessment brief.
You are strongly advised to use an easy-to-read font and point (preferably 11 or 12 points).
Performance in the summative assessment for this module is judged against the following
• Relevance to question(s)
• Organisation, structure and presentation
• Depth of understanding
• Analysis and discussion
• Use of sources and referencing
• Overall conclusions
Assignments must be typed using 1.5 or double spacing. The word count should include all the text (plus endnotes and footnotes), but exclude diagrams, tables, bibliography, references and appendices
Reference Murray, S. (2021). Measuring what matters: the scramble to set standards for sustainable business. Financial Times, [Online]. Available at: https://www.ft.com/content/92915630-c110-4364-86ee-0f6f018cba90
Type Of Service : Academic Paper Writing
Type Of Assignment : coursework
Subject : Accounting
Pages / Words : 1/2500
Number of Sources : 16
Academic Level : Master’s
Paper Format : Harvard
Line Spacing : Double
Language Style : UK English