The consequences of mandatory corporate sustainability reporting
October 27, 2023
Absolutely no plagiarism, must be original and very thorough. Please make sure everything is followed in the question and the grading rubric. Assigned articles is attached but also must include at least three other academic relevant outside resource, total of at least 4 references. Must include in-text citations. Please include the free link to the relevant academic source.
Supporting material: Please feel free to use these links…Must also include one other academic relevant outside resource.
After reading the assigned article, The Consequences of Mandatory Corporate Sustainability Reporting, how do you see sustainability reporting being incorporated in the roles and responsibilities of the Audit Committee? How would mandatory disclosure benefit the organization? Provide specific examples to support your viewpoint.
Write a 5-page paper about your argument in a Word document (or equivalent format) that includes the following:
3. Minimum of 3 references to valid (recent, relevant, high-quality) external sources of information and properly cited within the text and cited in APA format within the reference page.
Please see grading rubric below. This assignment should be at least 5 pages long and very thorough. Make sure you integrate real-life applications to support key points.
Criteria
Ratings
Pts
This criterion is linked to a Learning Outcome Critical Thinking
25.0 pts
Assignment demonstrates excellent use of various critical thinking standards and concepts. These may include proper use of logic, reasoning, and the posing of well-considered questions.
25.0 pts
This criterion is linked to a Learning Outcome Content and Development
25.0 pts
Content is very comprehensive and supported by detailed references to lectures and assigned readings. Thoroughly evaluates the impact, creativity, and value of the subject.
This criterion is linked to a Learning Outcome Research
15.0 pts
Contains at least 3 references to valid (recent, relevant, high-quality) external sources of information. Contains 1 reference from the assigned reading.
This criterion is linked to a Learning Outcome APA Format and Style
10.0 pts
APA format and style are accurately and consistently applied to the entire assignment.
This criterion is linked to a Learning Outcome Writing Organization
5.0 pts
Material is organized in a logical fashion and contains appropriate headings and sub-headings.
This criterion is linked to a Learning Outcome Writing Mechanics
15.0 pts
Writing is entirely free of grammatical, spelling and/or language errors.
This criterion is linked to a Learning Outcome Length
5.0 pts
Within target range, not including title page, table of contents or references page.
Answer preview
The audit committee also has a role in overseeing the audit controls. Therefore, the committee may use that advantage to develop periodic assessments that would help in reporting relevant information concerning the risks to the board of directors. For instance, in Carlsberg Group, the responsible audit committee collaborated effectively with the company by recommending an internal control and risk management system. This enabled the company to take appropriate action in areas that were of high risk, medium and low risk. Currently, the audit committee has been in a position to incorporate sustainability in the group companies by ensuring that the internal control operations are reported promptly in order to mitigate the disclosed risks. In this case, the audit committee has been in a position of ensuring that sustainability risks are strongly ingrained in the risk management processes.
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The consequences of mandatory corporate sustainability reporting