Topic$-$Mercedes Benz$/$Explain with Harvard referencing please explain in points $1,2,3$ etc$)$ no short answers

$$Task $1$

$1\mathrm{.}1$: Discuss the need for financial information, its purpose, limitations and the main stakeholders interested in the information. $($The primary need of financial statements is to measure and drive performance by the management and owners. First emphasize on the needs, purposes, who are the stakeholders who use them and them discuss the limitations$)$

$1\mathrm{.}2$: Identify accounting arrangements and conventions used by organisations

$$Task $2$

$2\mathrm{.}1$: Explain how accounting frameworks and regulation influence accounting and financial arrangements.$($Can mention how it influences via the external auditors as well. A clean Audit Opinion requires compliance to standards. An accounting framework is a published set of criteria that is used to measure, recognize, present, and disclose the information appearing in an entity's financial statements.An organization's financial statements must have been constructed using a recognized framework, or else auditors will not issue a clean audit opinion for them.$)$

$2\mathrm{.}2$: Explain the uses of published financial information. $($Explain how Investors, Regulators, Analysis, and other internal$/$external stakeholders use them$)$

$2\mathrm{.}3$: Explain how an organisation uses management accounting practices.

$$Task $3$

$3\mathrm{.}1$: Explain the main items commented on and explain their importance. $($Further$,$Key factors that contributed or affected the performance, risk management, key investments and projects etc. also commented.$)$

$3\mathrm{.}2$: Identify trends in published accounting information.$($Integrated Reporting, ESG Reporting, Risk Analysis or Risk Reporting, Any new disclosure by IFRS$)$