GRADE 12
ACCOUNTING
TASK 1: WRITTEN REPORT
24 MARCH 2025
TOTAL: 50
DURATION: N/A
INSTRUCTIONS AND INFORMATION
Read these instructions carefully!
1.
2.
3.
Please read through the whole task before you begin, so that you have a good idea of
what is expected from you.
This assignment may be done at home in your own time.
4.
It is in your own interest to write neatly and legibly, but you may also use Microsoft Word
to type the report.
If any portion of your responses is used from a source, the source must be referenced.
5.
The report must have a front page, a table of contents and bibliography.
6.
THIS ASSESSMENT MUST BE DONE INDIVIDUALLY, AND MUST BE YOUR OWN
WORK.
ELROI ACADEMY
GRADE 12 ACCOUNTING
TASK 1 - WRITTEN REPORT
COPYRIGHTS RESERVED
WRITTEN REPORT: ETHICAL CONDUCT AND CORPORATE SOCIAL INVESTMENT
Unethical or illegal behaviour within companies can take various forms and can be damaging
to both the company and its stakeholders. This is exactly why ethical conduct within companies
is important to maintain trust, reputation, and sustainable growth.
Companies that prioritise ethical behaviour tend to foster better relationships with customers,
employees, investors, and the broader community.
1.
2.
Describe FIVE examples of unethical/illegal behaviour with regards to
companies.
(10)
Read each of the following cases of illegal or unethical behaviour.
In each case state the following:
• The unethical/illegal behaviour that took place.
• What the consequences could be for the guilty party.
Cases of illegal or unethical behaviour:
Company purchased 250 000 tons of coffee beans, which caused the
1
coffee bean prices to rise to their highest level ever.
Two board members were found guilty after it was discovered that they
2 sold and re-purchased the same securities in order to generate activity and
increase the price of their shares.
The Chief Executive Officer (CEO) of a company learns before anyone else
that the company is to be sued for R700m for selling harmful products. The
3
CEO and two employees decide to sell their shares quickly before this
news becomes public.
An employee of a company starts a business that provides similar services
4
to similar clients as those of her full-time employee.
In order to secure a contract, one of the directors of a company offered a
5
government official the use of a company vehicle for free.
One of the managers of a company employed his son, who starts and
6 finishes work when he wants and get a raise every year despite his poor
performance.
After an investigation, it was found that major companies in the bread
7 production industry in South Africa held meetings to discuss pricing, agree
on price increases and the timing of such increases.
The CEO of the company instructs the accountant to enter the costs
8 involved in accommodation for the directors for holidays as ‘marketing
costs’.
During the financial year a loan of R1 100 000 was granted to a company
and paid into their account. The CEO instructs the accountant to show this
9
as money received for services rendered – an income in the income
statement.
Due to negligence and trying to cut costs, a company spilled dangerous
10
chemicals in a nearby river.
(20)
Page 2 of 4
ELROI ACADEMY
3.
GRADE 12 ACCOUNTING
TASK 1 - WRITTEN REPORT
COPYRIGHTS RESERVED
Corporate Social Investment
•
•
Give an example and an explanation on how a company can apply
corporate social investment (CSI).
In your example, how does the company serve to uplift the community?
Your answer will be assessed using the rubric below. Study the rubric thoroughly
to ensure your response aligns with the expectations.
(20)
[50]
GRAND TOTAL: 50
Page 3 of 4
QUESTION 3 – MARKING RUBRIC
Criteria
Initiative Description
Community Upliftment
Overall Presentation
7–8
Clear and
comprehensive
description of a CSI
initiative with multiple
well-developed
components that serve
the community
effectively.
7–9
Thoroughly explains how
the CSI initiative directly
uplifts the community,
addressing various
aspects, such as
education, skill
development, and socioeconomic improvement.
3
Well-crafted response
that effectively
addresses all aspects of
the question.
Demonstrates a
thorough understanding
of CSI and community
upliftment.
Mark
awarded
4–6
2–3
0–1
Adequate description of a
CSI initiative with some
well-developed
components that
contribute to community
upliftment.
Description of a basic
CSI initiative with
limited details and
components for
community upliftment.
Incomplete or
inaccurate description
of a CSI initiative with
minimal relevance to
community upliftment.
4–6
2–3
0–1
Explains how the CSI
initiative contributes to
community upliftment,
covering some aspects
like education or skill
development.
Provides a vague
explanation of how the
CSI initiative uplifts the
community, lacking indepth details or
specificity.
Fails to explain how
the CSI initiative uplifts
the community or
provides irrelevant
information.
2
1
0
A solid response that
addresses the question
adequately and provides
a satisfactory explanation
of CSI and community
upliftment.
An acceptable
response that partially
addresses the
question but lacks
depth or clarity in
explaining CSI and
community upliftment.
An insufficient or
inaccurate response
that does not
effectively address the
question or explain CSI
and community
upliftment.
TOTAL
/20