2022 ACCT3321 Individual research assignment.pdf - Adobe Acrobat Reader DC (64-bit) File Edit View Sign Window...

Transcribed Image Text:

2022 ACCT3321 Individual research assignment.pdf - Adobe Acrobat Reader DC (64-bit) File Edit View Sign Window Help Home Tools 2022 ACCT3321 Ind... x 4 / 10 109% Sign In 30C Required: Your manager has asked you to draft a short report for the CEO (Chief executive officer) and CFO (Chief finance officer) of Sustain-a-Build Ltd covering the following: I. II. III. Explain and compare the concepts of 'materiality' according to GRI, EFRAG, ISSB and IFRS. (60%). Please base your analysis on the following key documents (provided on LMS): a. GRI - "GRI 3: Material Topics 2021" (GRI, 2021). b. EU Commission / EFRAG - "[Draft] European Sustainability Reporting Guidelines 1 Double materiality conceptual guidelines for standard-setting" (EFRAG, 2022). - c. ISSB "General Requirements for Disclosure of Sustainability-related Financial Information Prototype" (Technical Readiness Working Group (TRWG), 2021) d. IFRS - "Conceptual Framework for Financial Reporting" (IFRS Foundation, 2018) Discuss the advantages and disadvantages of Sustain-a-Build using the single (financial) definition of materiality of the ISSB compared to the 'double materiality' concept of EFRAG for determining what to disclose in their sustainability reporting. (30%) In your opinion, do you think the ISSB should adopt the 'double materiality' concept for their sustainability standards? Explain your opinion. (10%) Hint: while you certainly should thoroughly read the documents in item I, you can check that you didn't miss any important aspects by using the 'find' function for "material". Mostly cloudy Search 'Extract Page' Export PDF Adobe Export PDF Convert PDF Files to Word or Excel Online Select PDF File 2022 ACCT...gnment.pdf X Convert to Microsoft Word (*.docx) Document Language: English (U.S.) Change Create, edit, and e-sign PDF forms & agreements Free 7-Day Trial ENG 4:01 PM ^ US 25/04/2022 2022 ACCT3321 Individual research assignment.pdf - Adobe Acrobat Reader DC (64-bit) File Edit View Sign Window Help Home Tools 2022 ACCT3321 Ind... x 4 / 10 109% Sign In 30C Required: Your manager has asked you to draft a short report for the CEO (Chief executive officer) and CFO (Chief finance officer) of Sustain-a-Build Ltd covering the following: I. II. III. Explain and compare the concepts of 'materiality' according to GRI, EFRAG, ISSB and IFRS. (60%). Please base your analysis on the following key documents (provided on LMS): a. GRI - "GRI 3: Material Topics 2021" (GRI, 2021). b. EU Commission / EFRAG - "[Draft] European Sustainability Reporting Guidelines 1 Double materiality conceptual guidelines for standard-setting" (EFRAG, 2022). - c. ISSB "General Requirements for Disclosure of Sustainability-related Financial Information Prototype" (Technical Readiness Working Group (TRWG), 2021) d. IFRS - "Conceptual Framework for Financial Reporting" (IFRS Foundation, 2018) Discuss the advantages and disadvantages of Sustain-a-Build using the single (financial) definition of materiality of the ISSB compared to the 'double materiality' concept of EFRAG for determining what to disclose in their sustainability reporting. (30%) In your opinion, do you think the ISSB should adopt the 'double materiality' concept for their sustainability standards? Explain your opinion. (10%) Hint: while you certainly should thoroughly read the documents in item I, you can check that you didn't miss any important aspects by using the 'find' function for "material". Mostly cloudy Search 'Extract Page' Export PDF Adobe Export PDF Convert PDF Files to Word or Excel Online Select PDF File 2022 ACCT...gnment.pdf X Convert to Microsoft Word (*.docx) Document Language: English (U.S.) Change Create, edit, and e-sign PDF forms & agreements Free 7-Day Trial ENG 4:01 PM ^ US 25/04/2022