Contemporary Accounting Theory and Integrated Reporting

Running head: CONTEMPORARY ACCOUNTING THEORY
Contemporary Accounting Theory
Name of the Student
Name of the University

1CONTEMPORARY ACCOUNTING THEORY
Author’s Note

2CONTEMPORARY ACCOUNTING THEORY
Executive Summary
There are two crucial parts of the report which undertakes the discussion on the components
of conceptual framework for financial reporting and sustainability or integrated reporting.
This report states that the intention to adopt a single set of accounting standards was the main
reason behind the adoption of the conceptual framework for financial reporting under the
IASB. However, it needs to be mentioned that the main factors affecting the quality of the
conceptual framework needs to be considered. The report shows that the conceptual
framework has been followed by Monadelphous Group for the purpose of financial reporting.
The second part of the report states that the integrated report of Barloworld Limited has been
developed by complying with the indexes of the IIRC framework for integrated reporting. As
per the findings of the report, the corporate social reporting of Barloworld Limited is more
efficient than the sustainability reporting of Monadelphous Group.

3CONTEMPORARY ACCOUNTING THEORY
Table of Contents
Introduction................................................................................................................................4
Part A.........................................................................................................................................4
Answer to a............................................................................................................................4
Answer to b............................................................................................................................5
Answer to c............................................................................................................................6
Answer to d............................................................................................................................6
Part B..........................................................................................................................................8
Answer to a............................................................................................................................8
Answer to b............................................................................................................................9
Answer to c..........................................................................................................................10
Answer to d..........................................................................................................................11
Answer to e..........................................................................................................................12
Conclusion................................................................................................................................13
References................................................................................................................................14