MP111: Accounting Management Decision - Report Writing - Accounting Assignment Help

Assignment Task:

Question 1 (20 marks): 

Corporate sustainability is a new and evolving alternative to the traditional growth and profit maximisation model. Under corporate sustainability, corporate growth and profitability are still recognised as important, but it requires the corporation to also pursue societal goals including environmental protection, social justice as well as economic development. 

The Global 100 ranks large corporations across the globe on their reducing carbon waste, gender diversity and overall sustainability. The top three from this list in 2019 were: 

1 Chr. Hansen Holding A/S Denmark Food or other Chemical Agents 

2 Kering SA France Apparel and Accessories 

3 Neste Corporation Finland Petroleum Refineries 

Applying your understanding of sustainability accounting, critically analyse one of the above companies. With your analysis, consider the aspects of profitability, share price growth along with the societal goals. 

Question 2 (10 marks): 

“Financial statements are a structured representation of the financial position and financial performance of an entity. The objective of financial statements is to provide information about the financial position, financial performance and cash flows of an entity that is useful to a wide range of users in making economic decisions.” 

In your own words, define the various elements of financial statements and discuss how they contribute to the objective of providing information for users to making decisions.

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