1 3101AFE Accounting Theory and Practice WORKSHOP 3 Deegan Topics 8 and 9: Accounting for...

Question

1

3101AFE Accounting Theory and Practice

WORKSHOP 3

Deegan Topics 8 and 9: Accounting for corporate social responsibilities

QUESTION 1:
What does the notion of legitimacy and social contract have to do with corporate disclosure
policies?

QUESTION 2:
If an organisation was involved in a major accident or incident, would you expect it to use vehicles
such as an annual report or a sustainability report to try to explain the incident? If so, explain how
and why it would use reports in this way.

QUESTION 3:
Chapter 8 divided Stakeholder Theory into the ethical
anch and the managerial
anch. Explain
the differences between the two
anches in terms of the alternative perspectives about when
information will, or should, be provided by an organisation.

QUESTION 4:
What is an externality and why do accounting practices typically ignore externalities?

QUESTION 5:
What is international integrated reporting and how does it differ from the cu
ent financial
eporting system we have?

qfile_636779290557781366_123222_1.pdf

Preeta · Accepted Answer

STUDENT DECLARATION
	I, hereby certify that the work contained in this assessment item is my own work, based on my personal study and/or research. I have acknowledged all materials and sources used in the preparation of this assessment. This assessment has not been submitted in any other course or at any other time in the same course. I have not plagiarised the work of other students and/or other persons and have not made this piece of work available to another student. I understand that providing this declaration falsely is considered a breach of academic integrity.  
Signed........................................................................................Date..............................................................
	Student Name:
	Student No:
	Tutor’s name: Dr Tracy QU
	Workshop time:
1. Corporate disclosure policy refers that every company is required to disclose some of their vital information to the public including the ownership structure, composition of the board, annual accounts, etc. (Huafang & Jianguo, 2007). As per the legitimacy theory, the company has to act within the boundary of the society it is operating in. Legitimacy theory establishes the relation between the expectations of the community with the corporate disclosure made by a business. Social contract refers to the expectation of the society from a business,

1 3101AFE Accounting Theory and Practice WORKSHOP 3 Deegan Topics 8 and 9: Accounting for corporate social responsibilities QUESTION 1: What does the notion of legitimacy and social contract have to...

Solution

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment