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You have decided to prepare a resource guide for distribution to trainee accountants working in the firm: Corporate Reporting for Strategic Business Assignment, UOC, UK
| University | University Of Cambridge (UOC) |
| Subject | Corporate Reporting for Strategic Business Assignment |
Task 1
You have decided to prepare a resource guide for distribution to trainee accountants working in the firm. The guide will focus on fundamental ethical and professional principles about accounting standards and corporate reporting and the appropriateness of the financial reporting framework.
The resource guide must
• Explain the importance of professional behavior and compliance with accounting standards.
• Analyse ethical requirements of corporate reporting.
• Assess the applications of the financial reporting framework.
• Analyse the strengths and weaknesses of the financial reporting framework.
LO1 AC 1.1, 1.2
LO2 AC 2.1, 2.2
Merit Task
To achieve Merit, your resource guide must compare and contrast the reporting of financial performance of different entities.
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