All Matches

Solution Library

Expert Answer

Textbooks

Search Textbook questions, tutors and Books

Oops, something went wrong!

Change your search query and then try again

Result Not Found

Books FREE
Tutors
Study Help
Hire a Tutor
AI Study Help New

Search
Sign In
Register

study help
business
accounting for business

Questions and Answers of Accounting for Business

5 Comment on the way in which Murray Goulburn has handled the dairy crisis. Try to find out how the cooperative has fared since late 2016. What lessons are there for us from this whole episode?
1 Use the web to find out more about the James Hardie asbestos issues. Then ask yourself, if you had been in charge of the company at that time, how would you have handled the issue? Do you think
2 Use the web to find out more about the Deepwater Horizon disaster. Do you believe that the risks were too great for a company like BP to take on? Comment on the way in which BP dealt with the
3 Use the web to find out more about BHP-Billiton and the Samarco catastrophe. Do you think that BHP-Billiton could reasonably have been expected to do any more than they did, both before and a#er
4 Does examination of these cases make finding a balance between all sides of the enterprise easier for you? What are the main factors that you might consider if you were investing in a large
5 What are your views on the behaviour of company chairs, CEOs and senior executives?
Can you think of reasons why a business might still pursue activities that are less profitable but socially beneficial?
Identify several companies that are currently in the news and what makes them newsworthy. What kind of CSR issues emerge?
1 Do you think that the concern with profitability identified in the Crosby Textor Shareholder Jury is likely to remain as strong now as it was in 2007? Why/why not?
2 What do you think is driving the increase in responsible investment?
3 Do you think that responsible investment is likely to be associated with lower returns?
(a) Why do you think that there has been a growth in voluntary reporting of social and environmental factors?
(b) What kind of issues have raised the interest of the stakeholders?
(c) What are the advantages to a business of reporting on these kind of issues?(d) What are the disadvantages?
(a) What are the three components of a triple bottom line report?
(b) What benefits might accrue to a business by use of triple bottom line reporting?
(c) What do you see as the possible motives for using triple bottom line reporting?
The GRI standards set out a range of disclosure requirements. Assess their usefulness. How many of these might you expect to find in a traditional financial report?
1 Pages 6 and 7 of the 2015 Sustainability Report set out targets and performance for the year in the areas of safety, human rights, health environment and community. Do you think the targets are
2 Page 10 of the 2015 report focuses on a commitment to ethical business behaviour and the code of conduct. The 2016 report covers ‘Operating with ethics and integrity’ on pages 26 to 29. How
3 List the UN Sustainable Development Goals. Do they seem reasonable?
4 Select one or more of the sections starting on page 14 in the 2016 report and assess how well BHP-Billiton is doing in these areas.
1 Do you think that sustainability reporting will go much beyond the global corporates?
2 Do you believe that the ideas regarding the global perspective will be able to overcome the current movements towards greater nationalism, concern with jobs, and border protection?
3 Is the idea that public interest should drive every decision made by an organisation realistic, now, or in say twenty years?
1 What changes, if any, would you like to see in your undergraduate and/or graduate programs?
2 Does the idea of the ‘greedy MBA’ still have relevance?
3 Which of the 10 skills identified by Mallen Baker do you think are required by (a) managers,(b) accountants and (c) people working in CSR?
4 Which of the skills are likely to need to be of a higher level for those working in CSR? Why? And how would this be achieved?
5 Do you consider that the ideas discussed in this chapter represent something of a watershed for capitalism? How might the Trump factor be related to this?
LO1: Outline and discuss a range of social and environmental issues and the way in which accounting can contribute
LO2: Explain what is meant by corporate social responsibility and the Ceres Principles
LO3: Outline the major studies that have occurred on accounting for corporate social responsibilities
LO4: Explain triple bottom line reporting
LO5: Outline the Global Reporting Initiative, and discuss its main framework in broad terms and its linkage with ideas of integrated accounting
LO6: Explain the balanced scorecard approach and its advantages
9.2 LO2 What is meant by ‘corporate social responsibility’?
9.3 LO1–3 At a personal level, articulate your views on ethical governance. In the course of this, examine your views on the extent to which the search for wealth should be limited by moral values
9.4 LO3 Describe in detail the Australian Accounting Standards for corporate social responsibility (CSR)accounting.
9.5 LO4 List the three components of triple bottom line reporting. Which component is currently
9.7 LO6 List the four perspectives used with the balanced scorecard approach.INTERMEDIATE
9.9 LO2 Why might we expect a voluntary CSR policy to work?
9.10 LO2 Just how much responsibility should an organisation take for social and environmental issues?
9.11 LO1–3 Assume that you are the CEO of a company that is the major employer in a small town in rural New South Wales. What responsibility would you have for your employees? Would your company
9.13 LO1–3 To what extent are social and environmental concerns consistent with a shareholder wealth maximisation objective?
9.14 LO1–3 How well equipped is the typical business person to understand the full range of issues covered by a full-scale sustainability report?
9.16 LO2 Discuss the potential for practical application of the Ceres Principles. Describe potential roadblocks to the use of these principles as a practical guide.
9.17 LO6 How is the balanced scorecard approach similar to the GRI?
9.18 LO5 Is the form of the GRI report too complex? Will it lead to information overload?
9.19 LO1–3 While many corporate social reporting ideas are sound, many are still unmeasurable. How much does this detract from this style of reporting?
9.20 LO5 How realistic is the GRI for anything other than the largest transnational companies? To what extent might the basic principles be used by smaller domestic companies?
9.21 LO1–6 Can you think of any changes to business studies curricula that might be required to support a new era of business where the emphasis on sustainability and sustainability reporting
9.22 LO3 Discuss the main challenges for the accounting profession with any attempt to develop accounting standards for corporate social responsibility (CSR) accounting and reporting.
9.24 LO6 Exactly how does one go about balancing the scorecard? not?their social and environmental practices over time.
9.8 LO1–3 As the mayor of a small town in rural NSW, you have been approached by a multinational mining company that wants to open both a large underground and open-pit mine two kilometres outside
The company wishes to provide appropriate CSR reporting and has asked you to advise them with regard to what groups they should consider and to provide a list and descriptions of the information they
(b) Some of the terms used seem to relate well to the idea of integrated reporting. What do you see as the relationship between integrated reporting and sustainability reporting as proposed by the
9.16 LO1/2 Critically examine what has happened in La Trobe Valley since the announcement of the closure of the Hazelwood power plant. Specifically address the following question:(a) How many jobs
What do you see as the relative roles of the corporation, governments, society at large, and the affected local community?
1 Why does Mervyn King think that considering a company’s future sustainability is the only way stakeholders can make good investment decisions?
2 Do you agree with the idea that ‘we owe a moral duty to those who come a"er us, to leave them a sustainable world’? What are the implications of this?
3 What are your views on the desirability of integrated reporting as outlined in the article?
4 What do you see as the main issues in moving towards integrated reporting?
5 King sees integrated reporting as ‘the evolution of sustainability reporting and corporate governance’. Do you see this as a natural evolution, or are there conflicts between governance and
6 Do you think that integrated reporting is primarily concerned with the sustainability of the business in the long term, or about ensuring that information is made available which will help society
7 King points out that BP was drilling more deeply than any of its competitors and thus faced greater risks. Yet BP has for many years been seen as a leader in the whole area of sustainability.
8 Use the internet to try to track the actions that Nike has taken over the past decade or so to retrieve the situation relating to the use of child labour.
9 What lessons did Walmart learn from their 2006 experience with the Norwegian pension fund?
10 What are your views regarding the implication in the article that future generations will have a different mindset to current generations? What areas do you think will be most important for the
LO1 Identify and discuss the main features of companies
LO2 Explain equity and borrowings in a company context
LO3 Explain the restrictions on the rights of shareholders regarding drawings or reductions in capital
LO4 Explain and discuss the main financial statements prepared by a limited company
LO5 Explain the concept of group or consolidated accounts.
1 Does this distribution of Telstra shares surprise you?Why/why not?
2 Why do you think that the majority of Telstra shareholders fit into the first two categories?
3 It is not unusual for the daily number of Telstra shares traded to be in the hundreds of thousands. Which type of investors do you see being involved in buying and selling on the stock market on a
4 Why do you think JP Morgan Chase holds so many New Zealand Oil & Gas shares?
1 How important do you think reputation is to a business such as Wesfarmers?
2 What perceived pressures might there have been within Target that could have led to the action described?
3 What does this imply about the importance of accounting rules and attitudes to compliance?
1 From your own experience, which of the ways of committing fraud have you found to be most common?If you have no such experience, which of the ways do you think is most likely? Why do you think
2 What do you consider are the key elements of internal control?
3 What kind of pressures might lead to someone engaging in fraud?
1 Summarise the rules relating to payment of dividends. Do these rules adequately protect creditors and lenders?
2 Is a progressive dividend policy realistic?
3 Do you think that either BHP or Rio had any real choice other than a reduction in dividends?
4 What broad principles might guide a company’s dividend policy?
1 Without any other transactions occurring at the same time, the company made a one-for-five rights share issue at$2 per share payable in cash (all shareholders took up their rights) and, immediately
2 Explain what external influence might cause the directors to choose not to retain the maximum dividend payment possibilities.
3 Show the statement of financial position immediately following the bonus issue, assuming that the directors want to retain the minimum dividend payment potential for the future.(For the purposes of
4 What maximum dividend could be paid before and after the events described in question 1 if the minimum dividend payment potential is achieved?
5 Lee owned 100 shares in Bonanza Ltd before the events described in question 1. Assuming that the company’s net assets have a value equal to that shown in the accounts, show how these events will
The summarised statement of financial position of Bonanza Ltd is as follows:BONANZA LTD Statement of financial position as at 31 December 2017$Net assets (various assets less liabilities) 235,000
2 Which of the listed reserves would you expect to have the most movement in any one year?
Which of the following is false?A A company that acquires a controlling interest of shares in another company is known as the parent or holding company.B The owned (or partly owned) company is known
Which of the following statements is false?A The minority interest is the proportion of a subsidiary company that is owned by other than the parent company.B There is no minority interest if the
LO1: Identify and discuss the main features of companies
LO2: Explain equity and borrowings in a company context
LO3: Explain the restrictions on the rights of shareholders regarding drawings or reductions in capital

Showing 700 - 800 of 3182

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Last

Services

Sitemap
Fun
Definitions
Become Tutor
Study Help Categories
Recent Questions
Expert Questions

Company Info

Security
Copyrights
Privacy Policy
Terms & Conditions
SolutionInn Fee
Scholarship

Get In Touch

About Us
Contact Us
Career
Jobs
FAQ
Campus Ambassador

Secure Payment

Download Our App

© 2024 SolutionInn. All Rights Reserved