Prepare a formal business report, to be presented to the Directors of your Burberry Group PLC or Rolls-Royce Holdings PLC.

You must include the following:

1. Identify, review, and assess specific policies, practices, and regulations for your business and the business sector it operates within.

2. An assessment of areas of abuse and exploitation in accounting and financial reporting.

3. An assessment of the importance of accounting concepts, principles, and theories.

(2000 words - 2500 words)