Some requirements to account for corporate social responsibility in Australia are contained in:

Question

Quizplus · Accepted Answer

The Corporations Act requires large Australian companies to report on their corporate social responsibility activities in their annual reports. There are also some voluntary reporting frameworks available, such as the Global Reporting Initiative, but they are not legally required. AASB 1018 is related to accounting policies, not CSR reporting. The Framework is too vague, it needs to be specified which framework is meant. Option D is incorrect because there are legal requirements.

Some Requirements to Account for Corporate Social Responsibility in Australia