Answered: Different extended report frameworks…

Different extended report frameworks are designed for different groups of stakeholders. Assuming accountants play a role in extended reporting, which stakeholders should they focus on?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

1. To what extent can, or should, accountants play a role in enhancing non-financial/extended reporting?

2. Different extended report frameworks are designed for different groups of stakeholders. Assuming accountants play a role in extended reporting, which stakeholders should they focus on?

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