StudentShare solutions
Triangle menu

Answer the questions - Essay Example

Nobody downloaded yet

Extract of sample
Answer the questions

The paper takes into account the quality of voluntary narrative disclosure, evaluates the overall presentation of the report and the impact of reporting corporate responsibility matters on the information received by users regarding corporate performance of Imperial Tobacco. Finally, an evaluation of the IIRC agenda upon the quality of financial information coupled with the role of the accountant in safeguarding this agenda is undertaken. Viewing from the development of information disclosure system, voluntary disclosure appears after compulsory information disclosure (Tian & Chen, 2009). Specifically, the paper addresses the use of voluntary reporting on the Annual General Meeting notice. Quality of Voluntary Narrative Disclosure at Imperial Tobacco: Imperial Tobacco has made bold steps in ensuring that it integrates corporate responsibility into its ordinary financial operations. The firm understands that it has social and economic roles to play in order to safeguard positive gains already made by other players in society. The issues that ITG generally endeavors to engage in at various levels, according to the 2012 financial reports include: 1) Tackling child labour, The company understands the temptation that comes with the expectation for higher returns and it has undertaken to fight the vice of child labour at all levels of production. As a result, we joined the movement “Eliminating Child Labour in Tobacco Foundation” where ITG is a board member. 2) Consumer support: Various municipalities have lately come up with extremely exaggerated laws in the company’s view not only undermine free trade in tobacco products, but also limit the rights of the consumer to the extent they are prevented from freely enjoying their freedom at using tobacco products. 3) Response to environmental challenges: Among the most common environmental challenges associated with tobacco use is emission of carbon dioxide. The company has lately adopted latest technology in cigarette manufacturing and as a result the products have seen a 4% reduction in carbon dioxide emission, as research into how to reduce this rate further continues. Furthermore, the company has reduced energy consumption by 5%. 4) Fighting illicit trade: The sale of counterfeit products bearing the company’s name is seen as a major blow to the trust bestowed upon the company by consumers of its products, and therefore the company has made bold steps in ensuring that this vice dies completely. The company has employed personnel in various major shipping centers to track any suspicious trade in ITG’s products while working closely with local authorities. 5) Job creation: Being a multi-national, ITG Plc has directly and indirectly employed thousands of persons who are instrumental in the company’s daily operations while scooping their living out of the mutual relationship thus established. 6) Issuance of dividends Each financial year, the company establishes a certain amount of returns per share owned by shareholders and disperse the same to the esteemed shareholders who gladly get returns for their trust in the company and their choice to invest in Imperial Tobacco. The 2012 annual report surpassed all other reports given earlier, especially due to the attempt to indicate corresponding figures alongside the activities. The ratios relating to various aspects of the report are easy to work out, since all the required figures are ...Show more


VOLUNTARY REPORTING: THE CASE OF IMPERIAL TOBACCO By: Presented to: Institution: Date: Introduction Many companies and organizations have adopted the system of offering other voluntary information on top of the usual information that is required by accounting principles (Tian & Chen, 2009)…
Author : qchamplin
Answer the questions essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Answer the questions"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Answer the questions
Plessy vs. Ferguson 1896 Plessy vs. Ferguson is a historical, landmark case that highlighted the plight of colored Americans on the issues of racism. The case was considered an important trial of the century as it was a litmus test to the racism issues that some US citizens still experienced a few years just after the implementation of the Thirteenth and Fourteenth Amendments to the US Constitution.
7 pages (1750 words) Essay
Answer the questions
This was narrated in his book “The Bondage of the Will” Calvin and the rest would have agreed with this. They believed that salvation was completely reliant on Gods Grace,
7 pages (1750 words) Essay
Answer the Questions
3) Employees are very much motivated because they receive more career and promotion opportunities within a functional structure. Indeed, they opt to portray optimal performance and advance within
10 pages (2500 words) Essay
Answer the Questions HR
the fact that the new employees do not have comprehensive information about inter organisational work culture, norms, performance standards / criteria and code of induct. Since X Corporation focuses heavily on employee performance and has a work based pay structure, there is
23 pages (5750 words) Essay
Answer the questions
The volume gives a compelling conclusion on the consideration pertaining to the methodologies for the prevention and intervention of the genocides that can take place in future. Chapter 4, 5 and 6 of the book enables the reader to launch
1 pages (250 words) Essay
Answer the questions
**Did he/she support that thesis adequately and through what means? Did they use statistics and were they interpreted fairly? Did they quote authorities and were those chosen carefully? Or did they use analogy or examples to prove themselves? Are the
1 pages (250 words) Essay
Answer the questions (N)
o believe in survival of the fittest; and, to be the fittest, one has to be able to suppress the negativities and passiveness of one’s nature, and show the stronger side of it to the world. Only showing is not enough, but changing it according to the circumstances is vital for
2 pages (500 words) Essay
Answer the questions
5. Jeff Bezos started a company named Cadabra and established it as an online firm, in 1995. In 2012 Amazon’s annual sales was at $61 billion, while in 2013 the company had $74.45 Billion in Revenue. 6. MIS focuses on the interaction
1 pages (250 words) Essay
Answer the questions
Through intellectual stimulation, a principal ensures that faculties and staff are aware of the current trends in education and that they respond to these trends for the betterment of
3 pages (750 words) Essay
Answer the questions
Some of the disadvantages of the method include likelihood of lying since the questions are transparent and they are prone to social desirability that can affect responses. Protective Personality Tests based
3 pages (750 words) Essay
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
Comments (0)
Click to create a comment
Let us find you another Essay on topic Answer the questions for FREE!
Contact us:
Contact Us Now
  • About StudentShare

  • Testimonials

  • FAQ

  • Blog

  • Free Essays
  • New Essays
  • Essays

  • The Newest Essay Topics
Join us:
Contact Us