Archer, Maddie and Dillon are unsure at this stage how far they should extend the reporting boundary
Question:
Archer, Maddie and Dillon are unsure at this stage how far they should extend the reporting boundary of ASD. Maddie wishes to better understand the reporting boundary concept and how this might apply to ASD if they restructure to a company. Maddie has been collecting articles related to the surfing industry, particularly in relation to current topical issues that may be of interest to ASD’s stakeholders. As part of this research, Maddie has reviewed the following articles. http://www.smh.com.au/business/surf-clothing-
http://www.smh.com.au/business/surf-clothing-label-rip-curl-using-slave-labour-to-manufacture-clothes-in-north-korea-20160219-gmz375.html
http://www.news.com.au/lifestyle/fashion/high-price-of-cheap-surfwear-whats-north-korea-making-now/news-story/9ae83ef8107afb9934e560c8b1a0d3c0
https://www.greenbiz.com/article/have-surfers-discovered-future-sustainable-design
http://www.beachapedia.org/Surfonomics
a. Using your existing knowledge of and recent research on the surfing industry and the potential operations of ASD (which includes manufacturing surfing equipment and apparel), explain how the following reporting boundaries might possibly look for ASD. You may wish to prepare a diagram to assist with your explanation.
i. A very narrow reporting boundary
ii. A narrow reporting boundary
iii. A broad reporting boundary
iv. A very broad reporting boundary
b. Describe at least three factors which might be influential as to how narrowly or broadly ASD choose to extend their reporting boundary.
Step by Step Answer:
An Introduction To Accounting Accountability In Organisations And Society
ISBN: 9780170418737
1st Edition
Authors: Craig Deegan