Question 1:
The term “financial reporting” integrates not only financial statements, but as well comprises other means of communicating financial and non-financial information. Describe how a good financial reporting system might enhance the effectiveness of system of corporate governance.
Question 2:
Corporate social responsibility is rising seen as indispensable to long term survival of companies. What is corporate social responsibility and describe the benefits to organisations which make corporate social reports.
Question 3:
With financial statements a company’s annual report and accounts enclose other useful information for illustration Directors’ report, Chairman’s report, management and discussion analysis, and so on. Describe how this information might be of particular interest to investors and analysts.