Question 1 (3 marks)
Review the extract from Reuters on the 6th March 2018 (https://www.reuters.com/article/us-kobesteel-scandal-ceo-idUSKBN1GH2SM), and any other relevant research, to answer the following:
Required:
a) What is the meaning of the “triple bottom line”, please include an example to illustrate? (100 words)
(1 mark)
b) Describe the actions of Kobe Steel’s management from a triple bottom line perspective. Include a
reflection as to whether Kobe Steel’s ethical consideration have been applied in accordance with the triple
bottom line concept, and why you think Kobe Steel’s management chose to make the decisions they
made. You are to include an example of a client who uses their steel and the potential risk to their business
as part of your illustration of the “triple bottom line”. (200 words)

Question 2 (3 marks)
Maria acquired Sunshine Delivery Services in 2015 providing a courier service for non-refrigerated goods
within the City of Melbourne.
Due to Covid the business has expanded rapidly and needs to obtain finance for an additional delivery
van to expand the business. Maria’s accountant is ill and cannot assist for another month. As Maria has
no experience in accounting she watched “how to prepare financial statements” YouTube videos and then
prepared the financial statements below

DETAILED ASSIGNMENT

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