"Role of accounting in mediating empathic care for the other"

 

Required: 

i. Explain the concept of "empathic care" with reference to a selected business.

ii. Investigate whether conventional accounting mediates the link between organizational responsibility and concern for the "other". 

iii. Discuss the legitimacy and accountability perspectives in accounting, based on different "levels of empathy" towards different stakeholders. 

iv. Explain how the "empathic care" concept is operationalized in the organization and what factors are available to influence the effectiveness. 

 

Question 

1. What is the rationale of doing a currency translation?
2. what is the rationale of recognizing the unrealized gain and losses?
3. How does the foreign currency affects the multinational companies?
4. How does the foreign currency affects the cash flow of multinational companies?
5. How does the foreign currency affects the investors?