Consider this scenario, a company management is consideringdeveloping its next work planning using the...

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Accounting

Consider this scenario, a company management is consideringdeveloping its next work planning using the triple bottom lineprinciples as its framework. 1/. Describe what triple bottomprinciples is? 2/. Describe/Explain in step by step process as howmanagement can develop its next work planning framework usingTriple Based Line Principles? (Within Australian AccountingEnvironment) (Please type up your answer)

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1 The triple bottom line principlesframework is an accounting framework that incorporates three dimensions of performance social environmental and financial A triple bottom line framework is different from a traditional accounting reporting framework A traditional accounting reporting framework is only concerned with the financial aspects and it completely ignores the social and environmental See Answer

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In: AccountingConsider this scenario, a company management is consideringdeveloping its next work planning using the triple...Consider this scenario, a company management is consideringdeveloping its next work planning using the triple bottom lineprinciples as its framework. 1/. Describe what triple bottomprinciples is? 2/. Describe/Explain in step by step process as howmanagement can develop its next work planning framework usingTriple Based Line Principles? (Within Australian AccountingEnvironment) (Please type up your answer)