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WIL ACCT 1080 Financial Accounting Theory Team Report & Individual Report Semester 1 2014 The following assessments involve Work Integrated...

Describe the current sustainability reporting practices of your allocated company.
My allocated company is Dhanuka Agritech Limited.
Around 500 words.

WIL ACCT 1080 Financial Accounting Theory Team Report & Individual Report Semester 1 2014 The following assessments involve Work Integrated Learning (WIL) activities. The focus of RMIT’s WIL policy is for you to ‘learn by doing in context and with feedback’ in realistic contexts. This assessed WIL experience makes a significant contribution to development of your work- readiness capabilities by deepening your knowledge of, and skills at, core accountancy practices concerning the practical application of contemporary financial accounting regulation in the workplace. You and your future team members are graduate employees of a public accountancy firm, Ragunathan Accounting (RA). You will work as a team to produce a team report, and subsequently individually to produce an individual report for RA responding to the following brief: Section 1: Client Brief Background: Priya Chemicals Ltd (a Singaporean company) is a client of Ragunathan Accounting (RA). Priya Chemicals Ltd (PC) is involved in the development, manufacture and distribution of a range of industrial and agricultural chemicals. At present, PC is listed on the Singapore Exchange (SGX) and RA has been providing both audit and non-audit services to PC for the past eleven years. PC is currently seeking international expansion opportunities for its core business competencies. PC advises that its core competencies are the manufacture and distribution of industrial and agricultural chemicals. The company has already completed extensive marketing research seeking new opportunities for the international expansion of its exploration and mining operations. As a result of this research the company has identified that India would potentially be a suitable site for the formation of a publicly listed subsidiary. PC has not made a final determination as to whether this expansion project will go ahead and as part of its research it has sought the services of RA. It has asked RA to provide reports outlining the financial reporting and disclosure issues that might arise if they decided to list their subsidiary on the Bombay Stock Exchange (BSE) in India. Your supervisor, Miss Sudha has provided you with detailed requirements for a team report that is to be produced by you in section 2 below. The report requirements have been tailored by Miss Sudha to meet the perceived needs of PC Ltd and the scope of your report should be limited to the issues outlined below. Miss Sudha has further provided instructions for an individual report that is to be produced in section 3 below. Before starting your research, I highly recommend that you visit the following site: http://emedia.rmit.edu.au/isearch/ and complete the interactive tutorials which will assist you in locating relevant academic references such as journal articles etc. for your report. Please Note : As these reports are designed to simulate a real working experience you may find that you will need to spend some time reflecting upon the scope and purpose of the report you are to produce and your approach to the work that is to be undertaken. There is no one best way to approach ‘real-life’ work tasks such as these and it is expected that each individual and team will develop different methodologies and responses to the outlined tasks. The companies and accounting firms discussed in the assignment are not real companies. ACCT 1080, Financial Accounting Theory, Singapore, WIL Assignment, Semester 1, 2014 Page 1
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Name:
Institution:
Course:
Topic: current sustainability reporting practices of Dhanuka Agritech Limited.
Instructor’s name:
Date: The current sustainability reporting practices of Dhanuka...

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