Assignment question (100 marks) Integrated reporting is a reporting mechanism which seeks to promote the blending of sustainability goals with traditional financial reporting in explaining firm...

https://www.vicsuper.com.au/~/media/files/about-us/reports/2018-annual-report/vicsuper-assurance-statement-2018.pdf


Assignment question (100 marks) Integrated reporting is a reporting mechanism which seeks to promote the blending of sustainability goals with traditional financial reporting in explaining firm performance over time. Primarily, integrated reporting seeks to help improve the quality of information provided by corporations, ensure an efficient resource allocation process, enhance corporate accountability and stewardship and promote integrated thinking. The well-intended nature of integrated reporting has resulted in its continual global adoption by corporations on voluntary basis (except for corporations in South Africa). In line with global trends, some Australian corporations have embraced the concept of integrated reporting and have embarked on the journey of preparing integrated reports for their stakeholders since 2011 (Higgins, Stubbs, and Love, 2014). Thus, voluntary adopters of integrated reporting in Australia provide integrated reports to their stakeholders for a well-informed decision-making process. The workshop tutor/instructor will assign you the name the company during the class and via email which has recently issued the integrated report for year 2018 and you need use the assigned company to answer the following questions. Note: For question one, your answer must be tailored to your specified user of accounting information. Please avoid providing answers which are too general and are not related to the specific context of corporation whose report under examination in all cases. Question One* (25 marks) Does Integrated Reporting present a better platform for corporate disclosures for users of financial reports? a) Shareholders b) Lenders c) Information intermediaries d) Employees e) The government f) Customers g) management * You may choose one of the above user group and the word limit for this question is 250 words. Question Two* (50 marks) To what extent does Institutional Theory provide justification for the firm’s practice of integrated reporting. Support your theoretical discussion with practical illustrations from the firm that has been assigned to you. *Word limit for this question is 500 words. Question Three (25 marks) Critically analyse and demonstrate the extent to which the integrated report shows management’s use of integrated thinking in the preparation of its report in reference to the management discussion and analysis section within integrated report of the assigned firm to you. *Word limit for this question is 250 words. Please be advised there will be an assignment forum for students to utilise this for discussion among the students and a staff member participate once a week till the due date of the assignment. References: Higgins, C., Stubbs, W., & Love, T. (2014). Walking the talk (s): Organisational narratives of integrated reporting. Accounting, Auditing & Accountability Journal, 27(7), 1090-1119