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ACCT1046 Identify the internal stakeholders of your business and explain the impacts (negatively or positively or both): Accounting in Organizations and Society Assignment, RMIT, Singapore
Subject ACCT1046 Accounting in Organizations and Society Assignment
Posted on: 27th Jan 2024

ACCT1046 Identify the internal stakeholders of your business and explain the impacts (negatively or positively or both): Accounting in Organisations and Society Assignment, RMIT, Singapore

Question 16        Internal stakeholders

(i)  Identify the internal stakeholders of your business and explain the impacts (negatively or positively or both) that your business could have on these internal stakeholders.

(iii)Then describe the actions that could be taken to support (further enhance) or mitigate (reduce) these CSR impacts.

Question 17        Business competitor

Find and identify an existing (real) business that would be a likely competitor to your business (or one closely aligned to your business).

Identify and criticise, with evidence, the approach the likely competitor you identified takes to sustainability.

Question 18        Performance Measures – Financial

Identify one financial measure that will be used to measure the success of your business idea/innovation/initiative and explain why you believe this is an important measure in the context of your business idea/innovation/initiative

No actual/fictitious number is required.

Question 19        Performance Measures – Non-financial

(i) Identify two (2) non-financial measures which are linked to the Sustainability Development Goals (SDGs) and that are relevant to your business (make sure you search SDGs and cite the reference source in your reference list) that will be used to measure the success of your business idea/innovation/initiative.

(ii)Explain why you believe each of these is an important measure in the context of your business idea/innovation/initiative.

No actual/fictitious number is required.

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 Question 20        Professional Ethics for Accountants

Complete the Bogart Accounting Ethics serious game ensuring you allow around 60 minutes to do so. Click on link under RESOURCES or go directly to Canvas/Modules to access the game.

Include a screenshot that clearly shows the outcome you achieved at the end of the serious game.

Reflect on the learning you gained from undertaking the simulation and describe one insight you gained from undertaking the simulation (i.e., what did you learn from it that you may not have been aware of before)

Describe one ethical dilemma that an accountant in your business might face. Must be relevant to your business.

Apply the conceptual framework in the Code of Ethics for Professional Accountants to the potential ethical dilemma you have described, by identifying and describing the threats that might result in non-compliance with the fundamental principles of the code, and how the accountant could evaluate and address the threat(s).

Question 21        Micro-credential Reflection

Only answer this question after you have uploaded the similarity report screenshot to the previous question.

Drawing on the knowledge you learned from completing the micro-credential, provide an explanation for your similarity score.

E.g., how did you achieve the score you did?

E.g., what factors impacted this result and how you can improve in the future?

Include a screenshot that clearly shows the similarity percentage obtained for your report

*Your mark for this question is not dependent on the similarity score itself but the justification you provide. This question is testing your ability to reflect on the learning from the micro-credential.

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