Social and environmental issues
Problem: As more companies responds to calls to report on social and environmental issues an accounting standard covering this is urgently required. Critically discuss this statement, concluding with whether or not you agree with it.
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Why are accounting standards for sustainability reporting (social and environmental reporting) urgently required? In your comments address the following:
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Have the knowledge you acquired changed your view of the role of accounting in business and the economy?
As more companies responds to calls to report on social and environmental issues an accounting standard covering this is urgently required.
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How did you ensure that the perceived age of the product meets customer demand?
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