There are currently no formal accounting standards for the reporting of social and environmental activities.
Students are to consider from the point of view Large Fund Investor.
What should be addressed in any proposed accounting standard for the reporting of social and environmental activities. Implications related to the objectives of financial reporting and the purpose of such a standard should be considered. Assume the stakeholders are in developed countries with established securities markets with advanced corporations' laws that already adopt IFRS.
Presentation speech:
What is the difficulties will be encounted in implementing social activities policies?
How accurate/reliable is the information in the financial statements?
What are the impacts on the company's business activities?
How would this benefit these large fund investor?