Context You are required to interpret the annual financial and corporate sustainability reports of a company listed on the ASX. This assessment was designed to enable you to demonstrate your understanding of the regulatory and ethical frameworks that govern financial reporting. This assessment will prepare you for real-world financial statement analyses. You will be able to evaluate the impact of financial results when different accounting policies are applied. Instructions The assessment is divided into the following two parts: Part A: Interpret GPFSs and related disclosures in accordance with accounting standards. Part B: Evaluate developments in financial reporting and information from both social and technical perspectives. The discussion is to be submitted in a business report format and should include: a title page; an executive summary; a table of contents; an introduction; a report body with headings and subheadings; a conclusion; recommendations; appendices; and a reference list. The word limit is 1,500 words (+/10%). A minimum of three (3) different academic resources are required. This is a group assessment. Each group will comprise two to three (23) students. Your group will be allocated an ASX-listed company by your learning facilitator. No two groups will be allocated the same ASX-listed company. Once allocated an ASX-listed company, obtain the most recent corporate sustainability report and the annual report of the company. Part A: Accounting Policies For your allocated company, refer to the notes to the financial statements pertaining to: (i) accounting policies; and (ii) property, plant and equipment as disclosed in the statement of financial position. Required (a) For your allocated company, based on the Australian Conceptual Framework for Financial Reporting, define and describe the recognition and measurement components of policy for accounting for each class of property, plant and equipment. (b) Discuss events occurring after the balance date. Briefly, describe the two (2) kinds of events and the rules governing their disclosure in the financial reports. Identify any disclosures of events that occurred after the balance date for your allocated company. Part B: Sustainability Reporting For your allocated company, address the following: (a) The company governance mechanisms that have been implemented to address sustainability; (b) Any guidanlines the company has used to implement environmental and social performance and reporting systems; (c) How corporate social responsibility (CSR) voluntary disclosure varies across different companies and industries/sectors. Your response must make reference to at least three (3) academic for JB Hifi pls?.