You as a professional accountant is approached by the CEO of your chosen company. The CEO is
Question:
You as a professional accountant is approached by the CEO of your chosen company. The CEO is well aware of the importance and significant issues about corporate governance, social responsibility and sustainability, therefore is particularly interested in more insightful analysis. Most importantly, from an Copyright @CIC Higher Education accountant, the CEO expects to know how to implement IR to suit the company and the industry. You therefore need to develop an IR template as the instrument for the company’s use, and explain it so that potential users (including both accounting and non-accounting people) will understand.
Write a business essay (incl. introduction, four topic sessions, and conclusion) of 2,200 to 2,500 words, addressing four topics as follows:
1. Critically analyze three differences between CSR and IR, using one of the theories that are covered in this unit. (Expected word count: 400 to 500) (5 marks)
2. Develop an IR template (shown in graph) comprising at least 5 capitals or dimensions for your chosen company, and explain each of the capitals or dimensions in detail.
3. Using at least three arguments, justify the suitability or applicability of your IR template for the industry (where your chosen company operates).
4. Advise the CEO about two new developments in IR practices.