Length: 2000 - 2500 words
Submission method options
Alternative submission method
Task
This is an individual assignment.
In recent years directors and CEOs of companies have been placing more importance on holistic reporting of company activities rather than simply reporting what is required by the Accounting Standards, the Corporations Act and other legislation. The Global Reporting Initiative is an international not-for-profit organisation that has pioneered and developed the world’s most widely used voluntary Sustainability Reporting Framework. (http://www.asx.com.au/documents/public-consultations/global-reporting-initiative-and-sba-submission-15Nov13.pdf) In 2013 the fourth iteration of the Sustainability Reporting Framework guidelines were released. These can be accessed via the link below.
https://www.globalreporting.org/resourcelibrary/GRIG4-Part1-Reporting-Principles-and-Standard-Disclosures.pdf

Required

Referring specifically to section 5.1 and 5.2 of the above report, analyse how applying these voluntary guidelines might alter the information presented in the Flight Centre 2013 Annual report.

Your assignment needs to be presented as a standard business report including an executive summary, a table of contents, an introduction and a conclusion and must be between 2000 – 2,500 words in length.

This assignment requires individual research. The links below are a couple of links to get you started on your research.

https://www.globalreporting.org/network/regional-networks/gri-focal-points/focal-point-australia/Pages/default.aspx
https://www.globalreporting.org/information/sustainability-reporting/Pages/default.aspx
Rationale

Assessment Task 2 is designed to assess your understanding of Topics 5 and 6 covered in MBA504 and links to the following learning objective:

Explain and evaluate the concepts behind the management decision processes associated with the efficient allocation of business resources