❖ S 9: “Officer” includes directors‚ secretaries‚ receivers‚ administrators‚ liquidators‚ administrating trustees. ❖ S 9: “Director” includes shadow & de facto directors. enforcement of directors’ duties enforcement of statutory duties Civil penalties Who may apply for a Declaration or Order? ❖ S 1317J(1): ASIC may apply for a declaration of contravention‚ a pecuniary penalty order or a compensation order. ❖ S 1317J(2): The company may apply for a compensation order. ❖
Premium Fiduciary Board of directors Stock
‘I confirm that the submitted work is my own work and that I have clearly identified and fully acknowledged all material that is entitled to be attributed to others (whether published or unpublished) using the referencing system set out in the programme handbook. I agree that the University may submit my work to mean of checking this‚ such as the plagiarism detection service Turnitin@UK. I confirm that I understand that assessed work that has been shown to have been plagiarised will
Premium Nursing
“All Managers are HR Managers?” Executive summary: In this paper the relationship between managers and HR managers will be discussed with regard to some of the primary HRM practices‚ such as recruitment‚ performance appraisal‚ compensation and benefits‚ and training & development. The importance of HR to organizational success is discussed highlighting the importance of HR and its use as a strategic tool. Both HRM and management are reviewed and the interrelationship between the two is established
Premium Human resource management Management
Duty of Care: GELERAL Week 2::Seminar 2 This concept is based on three proof of elements‚ its ingredients are – A legal Duty of D towards the C to exercise care in such conduct of D as falls within the scope of the duty‚ Breach of that Duty means failure to come up to the standard required by law & Consequential damage to C which can be attributed to D’s conduct. Duty of Care General: Duty is the primary control device which allows the courts to keep liability for negligence within what
Premium Negligence Duty of care Tort
fallen 24%‚ the worst quarterly drop at Coke in recent history Coke’s struggles: the battles with its own bottlers; the aged‚ overbearing board; the failed CEOs and failed attempts to recruit a successor; the death of new products; the lacklustre marketing KEY FACTS All it took was a tour of Coke’s operations in India‚ China and 14 other key markets this summer for Isdell to see a different reality: Coca-Cola was a troubled company Since 1997‚ Coke had make
Premium E. Neville Isdell Coca-Cola Diet Coke
a few things you should know... like the term ’Duty of care’......it means providing care and support for individuals within the law and also within the policies‚ procedures and agreed ways of working of your employer. It is about avoiding abuse and injury to individuals‚ their friends and family and their property. A negligent act could be unintentional‚ careless or intentional that results in abuse or injury. A negligent act is breaching the duty of care. If an individual has evidence that you
Premium Law Negligence
Explain why market prices are useful to a financial manager. A market price is the current price at which an asset or service can be bought or sold. (investopedia.com). Market prices are very useful to a financial manager. It helps with financial planning and it reflects the value of the assets based on GAAP (which refers to the Generally Accepted Accounting Principles). GAAP is just a set of guidelines that must be followed when it comes to any type of financial practice. Market price is also
Premium Net present value Cost-benefit analysis Cost
Managers are responsible for ensuring that tasks are performed by people or employees in an organisation. There are three ways to understand managers. A classic way of analysing the task of management is by examining management from the point of the functions performed by managers. The second approach is to observe the roles of managers while the third is to analyse the skills required by managers. A manager is a person whose job it is to oversee one or more employees‚ divisions‚ or volunteers to
Premium Management
Turner Introduction to duty of care in health‚ social care or children’s and young people settings 1. Understanding the implications of Duty of care. 1.1 * A duty of care means that all health and social care professionals and organisations providing health and care services‚ must act in the best interests of the people they support. 1.2 * The expression is that we ‘owe’ a duty of care to the people we work with. ‘owe’ is a useful word to describe the nature of the duty of care because it
Premium UCI race classifications Tour de Georgia Understanding
segregation of duties. Explain why these situations are an issue for the business. Discuss how the problem may be solved. Romney & Steinbart (2006) states that‚ Good internal control requires that no single employee should be given too much responsibility over business transactions or processes. An employee should not be in a position to commit and conceal fraud.’ Segregation of Accounting Duties In accordance to Romney & Steinbart (2006)‚ effective segregation of accounting duties is achieved
Premium General ledger Cheque Bank