This report analyzes the Corporate Social Responsibility (CSR) initiatives of Magical Experience Ltd, focusing on the accountant's role in presenting financial statements and addressing stakeholder needs. The report defines CSR, its strategic alignment with company goals, and its application across various stakeholders, including customers, employees, and the environment. It highlights how CSR enhances brand image, builds customer loyalty, and reduces business and legal risks. The report examines how CSR activities relate to the strategic purpose, mission, and vision of the firm, emphasizing the importance of customer satisfaction and the adoption of sustainable practices. Furthermore, it presents the reasons that encourage the Board of Directors to adopt CSR practices, including reputation, relationship, and responsive attitude. The report uses examples like the video game industry and the Volkswagen scandal to illustrate the practical implications of CSR.