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According to Martin and Steele (2010, p.13), "The two principal professional associations in Australia - CPA Australia (the CPA) and the Institute of Chartered Accountants in Australia (the Institute) have indicated their awareness of the significance of issues of sustainability reporting and development of appropriate skill sets in word and in deed. The commitment of both organisations to sustainability principles has been shown by their adoption of, and support for, sustainability-focused reporting approaches and by their opting to take up membership of the Accounting for Sustainability Forum". Martin A and Steele F (2010) Sustainability in Key Professions: Accounting. A report prepared by the Australian Research Institute in Education for Sustainability for the Australian Government Department of the Environment, Water, Heritage and the Arts. In a two-part essay: a. Consider the above. Discuss the stance and initiatives of the Australian accounting profession on corporate social responsibility (CSR) and sustainability. Include your views on the role of accounting and the accountant on CSR and sustainability. b. Discuss the way in which BHP Billiton has demonstrated its social and environmental accountability. NOTE: BHP has been publishing Sustainability Reports or alternatively Annual Health, Safety, Environment and Community Reports for over a decade. Please note: good starting points for your research are: the textbook (Chapter 17); the IFAC's International Guidance Document on Environmental Management Accounting and the websites of the CPA and ICAA. For example, go to: https://www.cpaaustralia.com.au/professional-resources/practice-management/toolkit/environmental-accounting Also go to: https://www.bhpbilliton.com/home/aboutus/sustainability/reports/Documents/2013/BHPBillitonSustainabilityReport2013_Interactive.pdfhttps://www.smh.com.au/environment/bhp-mines-set-to-damage-lifegiving-swamps-20100217-odzf.html https://www.abc.net.au/news/2013-01-07/an-radio-doco3a-ok-tedi/4455092 You may also choose to refer to other media reports on BHP's environmental impact. Please note the following: • Format: Essay • Contribution to overall assessment: 25% • Length: 2000 - 2500 words
Mad Dog Enterprises manufactures computer game control devices like joysticks and steering wheels. Following is the list of the costs incurred by Mad Dog in 2009:
Jackson Construction Company uses a job order costing system. In May 2008, Jackson made a $1,650,000 bid to build a pedestrian overpass over the beach highway in Gulfport, Mississippi.
Home Auto has not yet purchased any of the promotion items for next week. Should management substitute the Armadillo car wax for one of the three planned promotion displays? If so, which one?
Write down in four-pages in which you describe The Public Budget Cycle in government agency of choice. Describe phases of budget cycle (preparation and submission, approval, execution and audit and evaluation) and how this relates to the entire or..
Phonetronix is the small manufacturer of telephone and communications devices. Recently, company management decided to investigate the profitability of cellular phone production. They've three different proposals to evaluate.
Find out the value for the manager in conducting a cost-volume-profit analysis.
Use the following format to classify each cost as a product cost or a general, selling, and administrative (G,S,A) cost. Also indicate whether the cost would be recorded as an asset or an expense. The first is shown as an example.
Misemer Corporation is developing standards for its products. One product requires an input that is purchased for $57.00 per kilogram from the supplier.
Two partners who own Progressive Business Solutions, which currently operates out of an office in a small town near Boston, just discovered a vacancy in an office building in downtown Boston.
Determine the equivalent units of conversion. What is the conversion costs assigned to completed calendars? What amount of conversion is assigned to the ending work-in-process inventory?
Describe the key historical events up to 1900 that have shaped the development of accounting. How do these events support the notion accounting is socially constructed?
Why do we use the overall cost of capital for investment decisions even when only one source of capital will be used?
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