Auditing Theory and Practice: GHG Emission Disclosure and NGER Audit Requirements

Running head: AUDITING THEORY AND PRACTICE
Auditing theory and Practice
Name of the Student:
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Author Note

1AUDITING THEORY AND PRACTICE
Table of Contents
Answer to Question 1 (a).................................................................................................................2
Answer to Question 1 (b).................................................................................................................4
Answer to Question 1 (c).................................................................................................................4
Answer to Question 1(d)..................................................................................................................6
Answer to Question 2 (a).................................................................................................................6
Answer to Question 2 (b).................................................................................................................8
Answer to Question 2 (c).................................................................................................................8
References......................................................................................................................................10

2AUDITING THEORY AND PRACTICE
Answer to Question 1 (a)
The issue that has been mentioned in the question refers to the structure and content of
the GHG Emission disclosure that has been mentioned in the sustainability report of the
concerned company. The particular structure that has been utilized by the management of
Woodside Petroleum Limited is that it has provided sufficient disclosure in its sustainability
report in regards to the GHG emission disclosure by the company for the particular financial year
of 2017. It has mentioned the product and the description of the product has also been involved
in the annual report of the company. The other heads that has been included in GHG emission
disclosure are the “Taxonomy, project or methodology used to classify product/s as low carbon
or to calculate avoided emissions” , “ % revenue from low carbon product/s in the reporting
year” and “% R&D low carbon products in the reporting year”. Moreover, other relevant
information has also been included in the GHG emission disclosure. Furthermore, it has been
mentioned in the reports of the organization inn regards to the voluntary disclosures and the
related documents have also been attached.
In the case of AGL Energy Limited, the disclosure that has been provided in regards to
the GHG emission disclosure reflects the fact that the corporate entity is moving towards a
carbon constrained future. It has been further mentioned in the sustainability report of the
company that the company has a commitment to limit the level of global warming to less than 2 º
C above pre-industrial levels. The structure and content that has been included in the GHG
emission disclosure of the company have been segregated into three methods that have been
utilized for the purpose of measuring the GHG emissions of the corporate entity (Agevall,
Broberg, & Umans, 2018). These methods are as follows: