Session:13 Sustainability Reporting

Questions

Principles of Accounting, Volume 2: Managerial Accounting | Leadership Development – Micro-Learning Session

Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/principles-managerial-accounting

1

LO 13.1What is sustainability and how might corporations incorporate sustainability practices into their business?

2

LO 13.1What is the value of triple bottom line reporting to users? What is the cost to the company to provide this extra information?

3

LO 13.1What type of information do you think an oil company should include in their sustainability report? What about a car manufacturer? A large retailer?

4

LO 13.2Identify four different stakeholders in need of sustainability information and show how their actions might affect a business.

5

LO 13.2How might a business interact with each of the four different stakeholders you identified in the previous exercise?

6

LO 13.2Contrast the investment risk potentials of an electric vehicle manufacturer whose shares have a PE ratio of 10:1 and a coal company whose stock has a PE ratio of 2.5 to 1.

7

LO 13.2There are currently no formal mandatory environmental accounting standards firms must adhere to. Given the lack of regulation, should accountants even bother with preparing sustainability reports? Why or why not?

8

LO 13.3Explain the role and purpose of the Global Reporting Initiative.

9

LO 13.3Explain the role and purpose of the Sustainability Accounting Standards Board.

10

LO 13.3Explain the role and purpose of the Integrated Reporting Framework.

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