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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 2 Also go to: https://www.bhpbilliton.com/home/aboutus/sustainability/reports/D ocuments/2013/BHPBillitonSustainabilityReport2013_Interactive.pdf https://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 • Due date:29 May 2014 Your work must comply with the University's General Guide for the Presentation of Academic Work. https://federation.edu.au/faculties-and-schools/faculty-of- business/the-business-school/current-students/?a=42848
Record the preceding events in a horizontal statements model. In the cash flows column, designate the cash flow as operating activities (OA), investing activities (IA), or financing actives (FA)
Define and describe activity based costing. Also employ some real-life examples of how companies implement this management tool. Offer some comparisons and contrasts and pros and cons from different stand points on this topic.
This individual assignment is based on the TerraCycle Inc.
Illustrate out the benefits of activity-based costing. Write down the limitations of activity-based costing.
After reviewing its cost structure (variable costs of £7.50 per unit and monthly fixed costs of £60,000) and its potential market, the Forecast Company established what it considered to be a reasonable selling price.
Advise managers whether or not this contract is profitable. Evaluate any additional information that managers need to consider before accepting or rejecting this contract
Select a city or state in the United States (or Canadian city or province), and employ the Internet to explore the annual budget of governmental unit you selected.
Strauss Table Company manufactures tables for schools. The 20x4 operating budget is based upon sales of 20,000 units at $ 100 per table.
Critically describe how managerial compensation can aid align the interests of shareholders and manager, and hence be effective in mitigating the costly consequences and effects of separation of ownership and control.
What are some costs savings that Dell might realize by reducing its workforce by 10%? (Other than the obvious reduction in salary and wages expenses)
What is a rolling budget? Why are they prepared? Describe why some types of companies would employ a rolling budget instead of a master budget.
Katara Enterprises distributes a single product whose selling price is $36 and whose variable expense is $24 per unit. The company's monthly fixed expense is $12,000.
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