Question 1: The role of accounting in decision making
The following questions are based on Coles Group 2022 Annual report Source:
Annual_Report.pdf (colesgroup.com.au)
Required 1.1 Review the Notes to the Consolidated Financial Statements in Coles Group’s 2022 Annual Report and summarise the compliance requirements of Coles’ group financial report.
1.2 Review Coles Group’ 2022 Annual report and discuss the potential impact of the global COVID-19 pandemic on Coles’ income and expenses.
1.3 “Climate change” has been mentioned multiple times in Coles 2022 Annual Report. Discuss the role of the accounting profession in climate-change mitigation and adaptation.