Rethinking corporate reporting

Multiple-choice questions. In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please reread the article before attempting the questions again.

  1. How many principles of good corporate reporting has ACCA identified?

  2. Which of the following is NOT one of ACCA's themes of good corporate reporting?

  3. What is the key issue to emerge regarding climate-related disclosures?

  4. Which organisation has led the development of interoperable standards and frameworks?

  5. Which of the following statements is true? Statement 1, organisations should report information in a way that enables comparisons to be made within the organisation. Statement 2, organisations should report information in a way that enables comparisons to be made within and across industries and sectors

  6. Which method of communication should be the gold standard for reporting?

  7. Whose perspective does ACCA's report take?

  8. What does the ACCA report believe is essential for ensuring connectivity and coherence in reporting?

  9. Why is it crucial that corporate reporting is reliable and trustworthy?

  10. Which of the following statements is true? Statement 1, ideally, the same reporting terminology should be used globally. Statement 2, individual jurisdictions must use terminology to suit local needs

1 unit