Integrated Reporting in Advanced Financial Accounting

Running head: ADVANCED FINANCIAL ACCOUNTING
ADVANCED FINANCIAL ACCOUNTING
Name of the student:
Name of the university:
Author Note:

ADVANCED FINANCIAL ACCOUNTING1
Table of Contents
Introduction................................................................................................................................3
Discussion:.................................................................................................................................3
Conclusion..................................................................................................................................3

ADVANCED FINANCIAL ACCOUNTING2
Introduction
The aim of the assignment actually deals with the chosen company which is the
National Australia Bank which is actually the fourth largest financial institutions in Australia.
It is actually one of the world’s largest bank which actually have operated over 1590
branches and service centers along with 4412 ATM across Europe and Asia. The standard
and poor provide the ratings of the bank. The assignment actually includes the integrated
reporting of the corporates which includes the financial reports in that case.
Discussion
In Response to Question 1
The integrated reporting is reporting mechanism which is regarded as the best
platform as it discloses the corporate disclosure for the users of the financial reports where in
this case is the shareholders of the company (Henderson et al. 2015). The shareholders of the
company before making the potential investment in the business they actually goes through
the financial reports of the firm. In this, the shareholders of the company will go through the
financial report of National Australia Bank.
The process of the integrated reporting actually creates value to the company which
actually enhance the quality information’s provided by the corporations. It also enhances the
corporate accountability and stewardship in order to promote the integrated thinking. This
actually helps the shareholders of the company to get the actual information about the current
aspects of the business (Hoyle, Schaefer and Doupnik 2015). This further helps the other
factors of the business to be reflected in terms of the financial report which is prepared by the
company at the end of the financial year.
In Response to Question 2
Each and every firm actually prepares the integrated reporting which is actually the
practice quite managed by the upper level management. In the integrated reporting it includes