ACCT450-1203B-01 Business and Professional Ethics for Accountants AssignmentName: Unit 4 Discussion Board Deliverable Length: 200–300 words Details: You are meeting with accounting department...

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ACCT450-1203B-01 Business and Professional Ethics for Accountants
AssignmentName:Unit 4 Discussion Board
Deliverable Length:200–300 words
Details:You are meeting with accounting department personnel to make sure they understand the importance of corporate social responsibility and how it affects the company and their specific jobs.

  • Explain your analysis and understanding of social accounting as an element of corporate social responsibility.

  • Describe at least 5 reporting mechanisms in social accounting that may be similar to those in financial reporting.

  • List at least 2 examples of what you think are the contributions that the largest public accounting firms have made in the area of social corporate responsibility.

  • Make at least 1 recommendation as to how you believe your accounting department should participate in corporate social responsibility within your company.





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ACCT450-1203B-01 Business and Professional Ethics for AccountantsAssignment Name:Unit 4 Discussion BoardDeliverable Length:200–300 wordsDetails:You are meeting with accounting department personnel to make sure they understand the importance of corporate social responsibility and how it affects the company and their specific jobs. Explain your analysis and understanding of social accounting as an element of corporate social responsibility. Describe at least 5 reporting mechanisms in social accounting that may be similar to those in financial reporting. List at least 2 examples of what you think are the contributions that the largest public accounting firms have made in the area of social corporate responsibility. Make at least 1 recommendation as to how you believe your accounting department should participate in corporate social responsibility within your company.The following grading criteria will apply to this assignment: Grading Criteria20%Explain your analysis and understanding of social accounting as an element of corporate social responsibility.20%Describe at least 5 reporting mechanisms in social accounting that may be similar to financial reporting.20%List at least 2 examples of what you think are the contributions that the largest public accounting firms have accomplished in this area of social corporate responsibility.20%Make at least 1 recommendation as to how you believe your accounting department should participate in corporate social responsibility in your company.20%Post a response to the Discussion Board, and comment on other postings. Objective:? Develop critical skills by analyzing ethical and legal issues and problems, recognizing and assessing such issues and recommending specific actions to implement your analyses ? Improve oral and written communication skills through class discussions, cases analyses, formal and informal presentations, and group and written assignments



Answered Same DayDec 20, 2021

Answer To: ACCT450-1203B-01 Business and Professional Ethics for Accountants AssignmentName: Unit 4 Discussion...

David answered on Dec 20 2021
136 Votes
1 | P a g e

Social Accounting refers to the method by which an organization tries to communica
te its effects
of all the activities done by them in a financial year. The Government of the country will take
decisions according to the reports and results given by the organization. The companies also
effect the external environment of the country and hence it is necessary for them to keep an
account for all the effects on the people and the society.
One of the most effective mechanisms which are similar to the financial accounts is the GRI
(Global Reporting Information). The other mechanism is the Sustainability Assessment Model
(SAM). The Sustainability...
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