Due date: 07-Sep-2015
Return date: 28-Sep-2015
Length: 2500 words
Submission method options
Assignment 2 – Sustainability Reporting Framework
The focus of this assessment task is Learning Objective 4
This is an individual assignment and is worth 20% of the total mark.
The assignment is due Monday 7th September 2015
In recent years directors and CEOs of companies have been placing more importance on holistic reporting of company activities rather than simply reporting what is required by the Accounting Standards, the Corporations Act and other legislation. The Global Reporting Initiative is an international not-for-profit organisation that has pioneered and developed the world’s most widely used voluntary Sustainability Reporting Framework. (http://www.asx.com.au/documents/public-consultations/global-reporting-initiative-and-sba-submission-15Nov13.pdf)
In 2013 the fourth iteration of the Sustainability Reporting Framework guidelines were released. These can be accessed via the link below.
• Referring specifically to section 5.1 of the above report, analyse how applying these voluntary guidelines might alter the information presented in the Flight Centre 2014 Annual report (15 marks in total– 5 marks for the gap analysis, 10 marks for the report )
• Evaluate whether and how complying with the Sustainability Reporting Framework guidelines would benefit potential investors and shareholders (5 marks)
Your assignment must be presented as a standard business report including an executive summary, a table of contents, an introduction and a conclusion. The report must be between 2000 – 2,500 words in length.
This assignment requires individual research. The links below are a couple of links to get you started on your research. Please note you may be required to register to access the materials.
Assessment Task 2 is designed to assess your understanding of Topics 5, -Social and Environmental Accounting-, and Topic 6, -Management Accounting and Professional Ethics-, covered in MBA504 and links to the following learning outcome:
Explain and evaluate the concepts behind the management decision processes associated with the efficient allocation of business resources.