Module 1 - CaseFinancial ReportingAssignment OverviewCompare Traditional Reporting vs. TBL Reporting Traditional reporting focuses solely on financial performance, while Triple Bottom Line (TBL) repor

ACC501 Case 1

Your Name

Trident University International

ACC501 Accounting for Decision Making

Due Date

ACC501 Case 1

Remember to always indent the first line of a paragraph (use the tab key) or paragraph formatting. Start the paper with a 2-3 sentence introductory paragraph. The margins, font size, spacing, and font type (bold or plain) are set in APA format. While you may change the names of the headings, do not change the formatting or style of font except as specified below. This template uses Times New Roman 12-point. You may also use: Calibri (11), Arial (11), Georgia (11) or Lucida Sans Unicode (10). Since you are engaging in research, be sure to cite each paragraph and add a reference list in APA format. NOTE: failure to use research with accompanying in-text citations to support content will result in a score of 60% for each grading criterion. This is a research-based, professional paper; not a personal one based on feelings. It must be written in the third person; this means words like “I”, “we”, and “you” are not appropriate. No quotations are permitted in this paper. The excessive use of quotes will directly impact performance since this indicates a lack of comprehension and shows that you may not have mastered the concepts. Need help with the reference list format or citation format? Free Citation Generator (APA) “Full citation” is for the Reference list. In-text citation is used in the written paragraph.

Differences in Scope

How does traditional financial reporting (Income Statement and Balance Sheet) differ from TBL reporting in terms of the information presented and the scope of analysis? (1/2 page) Research required

Decision-Making

How does TBL reporting help stakeholders (e.g., managers, investors, employees) make more informed decisions compared to traditional financial reporting alone? (1/2 page) Research required

Long-Term Impact

In what ways does TBL reporting provide a more comprehensive view of a business’s long-term sustainability and overall performance? (1/2 page) Research required

Importance of Integrating TBL

Discuss the importance of integrating TBL into managerial decision-making. How does TBL provide insights into areas that traditional financial reports might overlook? (1/2 page) Research required

Ethical Considerations

Reflect on the ethical implications of reporting only financial performance versus adopting a TBL approach that considers social and environmental impacts. (1/2 page) Research required

5-Year Comparative Analysis

You will analyze the 5-year financials. Research is required to support the analysis. This may also include data about the industry and economic trends.

Revenue and Profit Trends

Copy and paste the Figures from ChatGPT or create visuals from the data How to cite ChatGPT.

Analyze the trends in revenue, operating profit, and net profit over the past 5 years. What patterns do you observe? Discuss the business’ revenue growth, changes in profitability, and any significant fluctuations in performance. (1 page)

Social Impact Trends

Copy and paste the Figures from ChatGPT or create visuals from the data

Evaluate the business’ social investments over the last 5 years. Has there been an increase or decrease in these investments? How can these investments affect the business’ performance and reputation? (3/4 page)

Environmental Impact Trends

Copy and paste the Figures from ChatGPT or create visuals from the data

Analyze the business’ environmental costs and sustainability efforts over the 5-year period. How can these efforts impact the business’ costs and long-term viability? Discuss how these investments can lead to measurable cost savings or improved operational efficiency. (3/4 page)

Overall Financial Health

Copy and paste the Figures from ChatGPT or create visuals from the data

Based on the 5-year trends, assess the business’ overall financial health. Are there any financial risks or opportunities that the business should address moving forward? (1 page)

Conclusion

Add a 2-3 sentence conclusion to complete the paper.

References

Below are some basic rules to follow when creating a reference list:

• Begin your reference list on a new page.

• The word References should be centered and bold at the top of the page.

• Double-space your reference list.

• For each author, list the last name first followed by the initials for their first and middle names.

• Arrange your reference list alphabetically by the last name of the author.

• Use a hanging indent after the first line of your citation (Word does this for you). Type your entry and then click “Paragraph” on the HOME tab to create the “hanging indent.”

APA has a handout for the most common types of references.

Need help with the reference list format or citation format?

• Free Citation Generator (APA)

• “Full citation” is for the Reference list. In-Text Citation is used in the written paragraph.