Home Page
What Is Westpac's Sustainability?

What Is Westpac's Sustainability?

Decent Essays

Show More

- In this question, it was disclosure the roles which was played by management accounting practices to supporting for strategy in Westpac's sustainability.
- It has been imagined, resourced, applied and stated by staffs that is in non-accounting. This policy was promoted originally by the PA crew but the sustainability group is owned at the moment.
- Purposing of participation with accounting and finances has been restricted to the delivery of info, as needed. Though, educated accountants are hired by and integral to the crew involved in making and introducing the supply chain features of the sustainability plan
- Stock (1990) claims that administration accountants have a part to play in green strategizing. Though leaders inside Westpac believe

Related Documents

Improved Essays
Est1 Task 1
- 627 Words
- 3 Pages
Est1 Task 1

Introduction The managers of organizations use financial statements to keep track of the performances by reviewing what they are currently producing and what they have produced over an extended period of time. It is vital to these decision makers to have a clear picture of where their organization currently stands and have the ability to identify trends. This data will help create the properly constructed plans to help an organization grow as they will evaluate the strengths, weaknesses, opportunities, and threats that influence the business. Income Statement…
- 627 Words
- 3 Pages
Improved Essays

Read More
Improved Essays
The AICPA Relationship In Auditing The Auditing Standards For Public Accounting
- 924 Words
- 4 Pages
The AICPA Relationship In Auditing The Auditing Standards For Public Accounting

The American Institute of Certified Public Accountants (AICPA) is the world’s largest representation of certified public accountants (CPAs). Established in 1887, the AIPCA serves as an advocate for CPAs, CGMAs, and has a mission of powering the success of global business, CPAs, and CGMAs through the use of education, resources, and advocacy (AICPA, 2016). The AICPA supports FASB by providing technical support, standard setting, and guidelines to CPAs nationwide. Because accounting is complex in nature this governing body works in collaboration with other institutes to ensure that organizations are adhering to the accounting standards established under the General Accepted Accounting Principles (GAAP). This paper will focus primarily on the AICPAs relationship in advising the FASB, their function in setting the auditing standards for public accounting firms and their relationship with authoritative rule making boards such as The International Accounting Standards Board (IASB), The Government Accounting Standards Board, and the HFMA Principles and Practice Board.…
- 924 Words
- 4 Pages
Improved Essays

Read More
Improved Essays
Westpac's Sustainability
- 573 Words
- 3 Pages
Westpac's Sustainability

Sustainable development is one of the indispensable strategies of any corporations in the world, which mainly consolidate their visual image of the company in the market. When mentioning about sustainability, it is not deniable that Westpac is placed at the top which has a good performance and increasingly expand strategies toward community and environment. In fact, Westpac, CAB and NAB are not only the largest retail bank, but also the biggest investors exploiting coal accordance with renewable energy. Figure 2: The investment on exploiting coal accordance with renewable energy of Westpac, CAB and NAB Source: greenpace.org Given are three pie charts providing a compare of number of coal investment and renewable energy (Figure 2), CAB has the largest total coal investment ($1586 million), the next following is Westpac ($1024 million) and NAB have the least total coal investment ($1015 million).…
- 573 Words
- 3 Pages
Improved Essays

Read More
Improved Essays
UTA Sustainability Report
- 306 Words
- 2 Pages
UTA Sustainability Report

In 1968, the erstwhile transit service providing company following the decreasing popularity of bus service discontinued its service. Then in 1969 the Utah State Legislature passed a new act: the Utah Public Transit District Act. The act give the residents and their communities an opportunity to form local transit districts (Arave, 2010). Eventually, the Utah Transit Authority (UTA) was established on March 3, 1970 as residents from Salt Lake City and several communities—Murray, Midvale, Sandy, and Bingham voted in favor of forming a transit district (rideuta, n.d.). The agency is now responsible for providing transit service throughout the Wasatch Front of Utah.…
- 306 Words
- 2 Pages
Improved Essays

Read More
Improved Essays
Australia Sustainable Practices
- 506 Words
- 3 Pages
Australia Sustainable Practices

The idea that the production of certain foods or fibres in Australia needs to be more sustainable is a very simple concept that can be accomplished. This goal can be accomplished by using sustainable practices and raising the importance of the environment whilst producing the food or fibre. Grape production for example is quite a sustainable practice as the farming of grapes themselves don’t have a negative impact on the environment. The grapes however are very sensitive compared to other fruits meaning there are certain requirements that must be met. If these requirements aren’t met the grapes will often be considered ‘worthless’ and the resources used went to waste.…
- 506 Words
- 3 Pages
Improved Essays

Read More
Improved Essays
The Woolworths Company: Sustainable Supply Chain Management Principles
- 1424 Words
- 6 Pages
The Woolworths Company: Sustainable Supply Chain Management Principles

SUSTAINABLE SUPPLY CHAIN MANAGEMENT PRINCIPLES From working personally with the Woolworths company I was able to see how and why inventory was transferred from suppliers to stores. The Woolworths company uses a very simple inventory management system. As a supermarket, having the adequate number of stock in stores at all times is pivotal in keeping customers satisfied after every shop at a Woolworths store. In order to achieve this goal, Woolworths supermarkets use an electronic inventory management system that sends alerts to the specific warehouse when stock is low or is expected to run out.…
- 1424 Words
- 6 Pages
Improved Essays

Read More
Decent Essays
Explain What Sustainability Means To You.
- 416 Words
- 2 Pages
Explain What Sustainability Means To You.

1. Explain what sustainability means to you. Sustainability looks outside typical business strategies to employ holistic solutions that address the impact of decisions on available resources, social equity and the natural environment. The practice of sustainability is an opportunity to facilitate responsible development on a global scale.…
- 416 Words
- 2 Pages
Decent Essays

Read More
Decent Essays
Cookridge Carpet Ltd Case Study
- 4653 Words
- 19 Pages
Cookridge Carpet Ltd Case Study

Terms of Reference 2. Methodology 3. Executive Summary 4. Introduction to the Organisation 5. The Accounts Department 6.…
- 4653 Words
- 19 Pages
Decent Essays

Read More
Great Essays
Hsbc Sustainability Report Essay
- 2540 Words
- 11 Pages
Hsbc Sustainability Report Essay

PART 1 Examination and Discussion on the HSBC’s Sustainability Report 1.1 Introduction According to the Global Reporting Initiative (GRI), the organization should initiate the sustainability report to integrate the sustainability strategy into the business’s planning . HSBC is one of the biggest banks and financial services providers listed on London stock exchange and market capitalization as of to date is US$207 billion. Sustainability reporting is acts as part of their core business value and integrates the sustainability with the strategic priorities to enable them to achieve their purpose as a global bank. 1.2 Review HSBC’s sustainability is governed by the Conduct and Values Committee.…
- 2540 Words
- 11 Pages
Great Essays

Read More
Improved Essays
Ethical Issues In Managerial Accounting
- 791 Words
- 4 Pages
Ethical Issues In Managerial Accounting

Management Accounting Professional Ethics This week will be an analysis of Steve Smith and the ethics faced in Managerial Accounting. Steve Smith is in a precarious predicament with the request from the Corporate United States Chief Financial Officer (CFO) Roberta Blake. Smith has two options in this scenario, one is ethical and one is not. He can do the job that he was hired for and create the costing analysis that will serve as the basis for decision-making for the plant closure, as he was directed by Roberta Blake, keeping the details and information to him self, as it is highly confidential. The other option would be to break that confidentiality, not comply with the request and he could potentially be affected professionally and ethically.…
- 791 Words
- 4 Pages
Improved Essays

Read More
Improved Essays
Analysis Of The Warehouse Group
- 1351 Words
- 6 Pages
Analysis Of The Warehouse Group

Introduction In this essay I will include a detail research in the development of corporate social responsibility and how it has been absorbed into integrated reporting in the last 25 years. In this essay I will be using The Warehouse Group LTD 2016 annual report as an example to present my information. The Warehouse Group (WGL) was funded by Stephen Tindall In 1982 and is the largest retail group operating in New Zealand (Warehouse Group, 2016). Social Corporate Responsibility Definition…
- 1351 Words
- 6 Pages
Improved Essays

Read More
Great Essays
Tesco Corporate Social Responsibility Essay
- 2073 Words
- 9 Pages
Tesco Corporate Social Responsibility Essay

1. Introduction : Sustainable management is the ability to successfully management of the quality life in our planet. It is applicable to all aspects of our lives. The practices of a business are also sustainable managed.…
- 2073 Words
- 9 Pages
Great Essays

Read More
Improved Essays
The Luxury Strategy: The Luxury Strategy
- 716 Words
- 3 Pages
The Luxury Strategy: The Luxury Strategy

For decades, the concept of luxury has evolved from a status assumption to a sheer lifestyle offering that goes beyond traditional imagination. Jean-Noël Kapferer, the co-creator of The Luxury Strategy; states that luxury has opened it’s doors to the mass interest and is changing the old belief of a having a selective market to elevate economies and achieve record breaking profits. The breadth and depth of this change has acquainted luxury brands to a global affluent audience. (Doran, S., 2013)…
- 716 Words
- 3 Pages
Improved Essays

Read More
Superior Essays
Social Sustainability
- 1499 Words
- 6 Pages
Social Sustainability

Social sustainability has gained increased recognition for being key aspects of the sustainability debate in recent years. Previously, the concepts of environmental and economic sustainability were dominant in the social sustainability debate and it wasn’t until the 1990s that social issues of society were added into the subject of sustainability (Drexhage and Murphy, 2010). Social sustainability is defined by “development which meets the needs of the present without compromising the ability of future generations to meet their own needs.” (World Commission on Environment and Development,2009:40.) A combination of the increasing population, rising levels of consumption and a limited amount of resources creates issues in the ability to meet the…
- 1499 Words
- 6 Pages
Superior Essays

Read More
Superior Essays
Reflection Of Financial And Accounting
- 1536 Words
- 7 Pages
Reflection Of Financial And Accounting

There are different types of budgeting and planning that are available to a business, however organisation have to carefully decide what strategy works for them depending on their business model. After the completion of this topic in week 5, I was able to understand that there are unethical practices associated with budgeting one being the fact that managers might exploit the process for personal gain by purposely deflating their projected sales income to make it easier to achieve a bonus (Blumentritt, 2006). As well, Wolf (2015) stated that budgeting includes assumption, if this assumption is done wrong it can lead to managers making wrong decisions and take attentions away from problem area. This has led to my understanding as to what extent managers will continue to use budgeting to their personal gain and the global effect it will have in international business. The ethical issues associated with BSC is also not so much of a threat to business but it is important to draw the attention to the fact that managers view this as a quick fix, which can be easily installed in their…
- 1536 Words
- 7 Pages
Superior Essays

Read More

Related Topics