Assignment (Doc) | Contemporary Accounting Theory

Running head: CONTEMPORARY ACCOUNTING THEORY
Contemporary accounting theory
Name of the Student
Name of the University
Author Note

CONTEMPORARY ACCOUNTING THEORY
Executive summary:
The paper discussed below outlines the importance of the corporate sustainability reporting
and determining the existence of relationship between corporate sustainability reporting and
sustainability reporting. This whole paper incorporates the discussion on the theoretical
knowledge of sustainability reporting and the practical application of such knowledge in
evaluating the quality of sustainability report prepared by business entities. A holistic view of
corporate social responsibility and the essence of sustainability reporting has been provided
by applying relevant and applicable theories. The evaluation of sustainability report has been
done by referring to the guidelines and framework of Global Reporting Initiative.

CONTEMPORARY ACCOUNTING THEORY
Table of Contents
Introduction:...............................................................................................................................2
Part A:........................................................................................................................................2
i. Evaluating the corporate social responsibility relevance to the firms with financial
objectives:..................................................................................................................................2
ii. Evaluating the representation of holistic view of corporate social responsibility in
relation to other reporting concepts............................................................................................2
iii. Identification of relevant theories for explaining the sustainability reporting essence:..3
Part B:.........................................................................................................................................3
iv. Presenting the overview of ownership, history, governance and financial performance
of Charter hall Long WALE REIT:...........................................................................................3
v. Evaluating the quality of sustainability reporting of the company against the scoring
index of sustainability reporting:...............................................................................................4
Conclusion:................................................................................................................................5
Reference list:.............................................................................................................................6

CONTEMPORARY ACCOUNTING THEORY
Introduction:
The paper demonstrate the discussion about the theoretical knowledge of the
corporate social responsibility of the organization and explaining the reporting practices by
the company with the application of theoretical knowledge. The first section outlines the
explanation of the corporate social responsibility for the firms having financial objectives
using the relevant literature review. It also incorporates identification of two theories that is
relevant to the explanation of the sustainability reporting concepts. In the next section, a brief
introduction the ownership, governance and the financial performance of the chosen company
that is Charter Hall is outlined. The sustainability report of Charter Hall is evaluated against
the scoring index of sustainability reporting of GRI (Global reporting Initiative) which helps
in assessing the quality of report by referring tom different aspects of sustainability (Jones et
al., 2016).
Part A:
i. Evaluating the corporate social responsibility relevance to the firms with
financial objectives:
Corporate social responsibility has become a very prominent business practice for
every individual organization. Their major goal is to obtain a good output and a positive
impact on the society. CSR ensures that all the business practices are ethical which, are
practiced within the organization by taking social, economic and environmental practices.
Every individual enterprise or any organization aims to create a maximum share value for the
owners in the company as well as the employees, shareholders and other stakeholders. Today,
almost every business organization are adopting the corporate social responsibility intending
to work for the stakeholders on a much wider scale including the environmental protection,
championing of the women and elimination poverty and unemployment globally (Hummel &