Report on Accounting Theories and Issues at CSR Limited

This report examines the accounting-related issues faced by CSR Limited, focusing on corporate social responsibility (CSR), ethical and legal considerations, environmental impacts, and employee benefits. The analysis highlights how CSR affects the company's accounting practices and its accountability to stakeholders. Ethical and legal issues are explored through the lens of contracting theory, emphasizing penalties for violating accounting ethics and conflicts of interest arising from managing multiple brands. Environmental issues, including cost calculation and investment appraisal, are also discussed. Furthermore, the report considers employee benefits, covering computation and changes in benefit offerings. The findings are supported by references to CSR Limited's annual reports and other relevant sources.

ACCOUNTING
Accounting theory and issues

INTRODUCTION
 The aim of the report is to determine and
analyse the current theories and model in
accounting and analysing the way these
theories are applied to the allocated
situation.
 The company that has been selected for
assessment is CSR Limited who is dealing
with the accounting issues.

CORPORATE SOCIAL
RESPONSIBILITY ISSUE
CSR (Corporate social responsibility) is self-
regulating business model that helps the
company to become socially accountable to
itself, its stakeholders and public.
 CSR Limited Liable for Corporate
social responsibility
 CSR Issue affect Accounting

ETHICAL AND LEGAL ISSUES
Ethical and legal elements plays a vital role in the
organisation and CSR limited company which is
supported with the theory of contracting
 Penalties: - Penalties include the violation of
the different accounting ethics laws that has
increased among the companies.
 Conflicts of interest: - CSR limited company
is dealing with the different brands at the time
due to which they face the conflicts of interest
as the issues.

ENVIRONMENTAL ISSUES
An environmental issue also leads to the
impact on the accounting activities that are
undertaken by the company.
 Calculation of cost
 Investment appraisal

EMPLOYEES BENEFITS
Every company ensure that they offer
numerous benefits to the employees at the
workplace which can be related to the
monetary and non-monetary terms.
 Computation of employee benefit
 Change in the benefit offerings

REFERENCES
 Lau, B. (2018) Why the CSR Limited (ASX:CSR) share
price is crashing today [Online]. Available from:
https://www.fool.com.au/2018/11/02/why-the-csr-limited-
asxcsr-share-price-is-crashing-today/
[Accessed on 14th January 2018]
 CSR Limited (2018) Environment [Online]. Available from:
https://www.csr.com.au/about-us/workplace-health-safety
-environment/environment
[Accessed on 14th January 2018]
 CSR Limited (2018) Reward and Benefits [Online].
Available from:
https://www.csr.com.au/careers/rewards-and-benefits
[Accessed on 14th January 2018]
 CSR Limited (2018) Csr Limited Annual Report 2018
[Online]. Available from:
https://www.csr.com.au/-/media/corporate/files/annual-re
ports/2018_annual_report_-for_31_march-2018.pdf
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