1. What is environmental reporting? Explain how reporting on environmental issues could be related to the objectives of general purpose financial reports (GPFR). 2. Identify two accounting standards (IAS/IFRS) that are relevant to environmental impacts of an organisational operation. Explain the relevance of these accounting standards with environmental issues related to business activities. 3. Select the most recently published annual report of a company from an environmentally sensitive sector. Provide a critical discussion of the environmental disclosures in relation to financial accounting reported by the company you selected. Required: Write an essay to discuss the above three points using appropriate headings. (The “guidance/hints” provided in page 2 and the “assessment criteria and assignment structure” presented in page 5 should help you in preparing and organising the essay)
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