Issue to be investigated: the AASB’s discussion of climate change standards from the TCFD
Task - Critical Analysis (Word count: 550 words) Deadline: 21/3 before 2pm
Issue to be investigated: the AASB’s discussion of climate change standards from the TCFD
You have been hired as a graduate accountant, and you have been asked to report to a company’s CEO and Board of Directors on the recent AASB media release, specifically commenting on whether there is a standard needed for reporting on climate change and the possible implications of this change. Your report should focus on critical analysis and evaluation of this issue.
The AASB media release can be found here: https://aasb.gov.au/media/ea4apdzl/aasbmr_climatechangeproposedstdsframework-11_21.pdf
Requirement
Your analysis of this specific issue must be guided by:
One applicable theory (Stakeholder theory, Legitimacy theory, Institutional theory) and one of the following aspects:
- Regulation (public interest theory, capture theory)
- The needs of various stakeholders
- The Conceptual Framework, focusing on the qualitative characteristics
- Measurement
Importantly, this task should focus on your analysis and evaluation of the issue, and not simply a description of the media release and any theory or theories you may refer to.
Your critical analysis:
- Should be organised clearly in paragraphs,
- Should be written for a particular, professional audience (consider how you will address this person and the style of writing they will expect)
Criteria: This task will be assessed on:
- Analysis and evaluation
- Clarity and structure of communication
