TASK SUMMARY 1. Explanatory notes relating to: – Required treatment of issues /


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TASK SUMMARY
1. Explanatory notes relating to:
– Required treatment of issues / transactions under International Financial Reporting Standards (IFRS)
– The preparation of the consolidated financial
statements for JJ Victory Group for the year ended 30 September 2022.
2. Briefing note as requested by the incoming non-executive director, Jin Xu: which:
• Provides an explanation of the treatment of JJ
Victory’s ‘human capital’ under IFRS.
• Considered the limitations of the financial statements.
• Provides an overview of the nature and purpose of ‘Integrated Reporting’ in line with the International Integrated Reporting Framework (IIRF) as issued by the International Integrated Reporting Council (IIRC).
• Evaluation of how an Integrated Report provides a more ‘holistic report of performance and value’ than the financial statements, drawing suitable examples from the case study
to illustrate you points.
Can use calculations, workings, table headings, graphs or illustrations.
– Further instruction provided in file attached.
It is crucial for answers to be explained rather than give a desсrіption.
Any Grey Literature used i.e. from Deloitte , pWc etc should be referenced.

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