Contemporary Issues in Accounting Journal of Intellectual Capital

Question: Discuss about theContemporary Issues in Accountingfor Journal of Intellectual Capital. Answer: Introduction I It has been found that mentioned articles have introduced some critical perceptions regarding integrated reporting Dumay et al., (2016, p. 2). One of the articles is Integrated Reporting: A Structured Literature Review that mainly focuses on the development of the insights of the integrated reports that offers research critique to the date (Abeysekera, 2013, p. 13). It also highlights and structures the opportunities of the future research. As per Dumay et al., (2016, p. 1) the accountants have challenged regarding the traditional financial business reporting model and stated that this particular model does not satisfy the need of information that is required by the stakeholders of a company for assessing the performance of an organization. On the contrary, as per the strategic report of British American Tobacco, the strategic diagram composed of mission, vision, guiding principles and strategic highlighted areas along with usage of color-coding guides the investors to gather deta iled information ("Bat.com", 2014, , p. 14). D The main issue in case of first article is that it has been mentioned that the traditional financial business reporting model is not sufficient enough for providing information to the stakeholders of a company Dumay et al., (2016, p. 2). However, the author has not mentioned the proper or appropriate model that can satisfy the stakeholders by providing adequate information (Eccles Krzus, 2010, p. 23). On the other hand, in the annual report, it has been mentioned that the use of color-coding in the model will help the stakeholders to gather detailed information ("Bat.com", 2014, p. 14). The key similarity between these two articles is that both the authors have highlighted on providing detailed information to the stakeholders of a company (Abeysekera, 2013). E ("Bat.com", 2014, p. 14) and (Dumay et al., 2016, p. 2) are the two sources that presents the articles that explains the integrated reporting and the necessity of sustainability accounting. Its benefit is that it helps in maintaining corporate governance and in improving transparency. However, demit is that security might not concurrence with the IIRC framework. References Abeysekera, I. (2013). A template for integrated reporting.Journal of Intellectual Capital,14(2), 227-245. Bat.com. (2014).Bat.com. Retrieved 1 November 2014, from https://www.bat.com/group/sites/uk__9d9kcy.nsf/vwPagesWebLive/DO9DCL3B/$FILE/medMDA87PVT.pdf?openelement Dumay, J., Bernardi, C., Guthrie, J., Demartini, P. (2016, September). Integrated reporting: A structured literature review. InAccounting Forum(Vol. 40, No. 3, pp. 166-185). Elsevier. Eccles, R. G., Krzus, M. P. (2010).One report: Integrated reporting for a sustainable strategy. John Wiley Sons.