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integrity and responsible stewardship within the area of gathering, reporting and disclosing non-financial information, homework help

Question Description

I will prepare a reflection paper that will incorporate the understanding of the core values of integrity and responsible stewardship within the area of gathering, reporting and disclosing non-financial information. Consider the costs and benefits to a company of gathering, reporting, and disclosing non-financial information (ex. Balanced Scorecard, Corporate Social Responsibility Reporting, Sustainability Reporting etc.)

 

The paper will be 5 pages, double spaced. It will have a cover page and a reference page as part of the 5 pages.

Final Answer

Hello there, the assignment is complete. Kindly take a look at it. Thanks.

Running Head: REFLECTION PAPER ON NON-FINANCIAL INFORMATION

Accounting Essay Paper
Name:
Institution:
Instructor:
Date:

1

Running Head: REFLECTION PAPER ON NON-FINANCIAL INFORMATION

2

Initially a lot of the emphasis as far as information in the organization was being given to
financial information where organizations were only primarily concerned with the financial/cash
flow performance of the organization. However with the changing environment in the way
business is being done has seen the importance of nonfinancial information gradually grow as the
information gives a clear picture of how the organization is performing beyond the financial
reports. This has seen many organizations adopt the triple bottom line method of performance
evaluation which incorporates social, environmental and financial performance giving more
value to the organization. In this paper, we will discuss the integrity and the responsible
stewardship which are core values in the gathering, reporting, and disclosure of nonfinancial
information.
Integrity in general terms involves a strict adherence to a given set of principles or ethics they
key part being that one does not allow forces either internally or externally interfere with their
objectivity one remains objective and unbiased. Responsible stewardship, on the other hand,
involves the professional and meticulous handling of a given assigned function.
("BusinessDictionary.com - Online Business Dictionary", 2016) Gathering of information
involves various methods that are aimed at information acquisition from the target group. The
various methods of information gathering include question verbally, use of questionnaires,
conducting interviews, observation of circumstances and scenarios and analysis of the existing
organizational docum...

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