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A general introduction explaining general sustainability concepts, definition, scope what are different aspects of sustainability. The role (or potential role) of the management accountant
A general introduction explaining general sustainability concepts, definition, scope what are different aspects of sustainability. The role (or potential role) of the management accountant in the entity's sustainability initiatives and reporting. What data/ analyses can the MA provide? How can the MA assist in reporting? What skills do MAs have that will make them useful in their role? 2. Summary/ analysis of what you have researched on the selected entity (see below) 3. Recommendations for improvement- you may like to compare your selected entity with one in the same industry. 4. Your conclusion should include: Your overall impression of how committed the entity/ entity is, explaining your conclusions Any constraints and pressures, e.g. regulation or stakeholder expectation imposed on the entity to pursue sustainability practices and reporting. The summary/ analysis of the entity includes but is not confined to: Brief introduction about entity, where, when started, industry, products/services Entity mission, core values Approach to sustainability or sustainability strategy and why it is important to the business/ industry How has the sustainability focus impacted on its operations (the way it runs its business) products/services? Where are the initiatives and results reported? Sustainability reports, operations statement, chairman's statement, website, media releases Aspects of corporate sustainability practice include, the broad areas of people, environment, community, product, specific initiatives include, handling of E-waste, sustainable living Any guideline used, example Global Reporting initiative, industry specific guidelines? Why is it using that or those particular guideline(s), Any benchmarks to evaluate progress towards sustainability goals. What are the entity's achievement, how measured, has the entity developed internal and management control processes to achieve its own performance metrics/key performance indicators both quantitative andqualitative, awards received? Do measures include compliance costs, associated liabilities Is there a sustainability control system in addition to the traditional management control system? Has the entity obtained certification accreditation for its initiatives? E.g. ISO 14000 series in environmental control systems
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