Assignment 1 Ashley Erasmus With reference to Caltex Australia 2012 Annual Report discuss the following: The role and responsibilities of Auditors and Company Board of Directors and the CEO and Senior Management with respect to the Accounting information reported on in the Annual report. The roles and responsibilities of a Board of Directors vary according to the nature of the company. They are usually responsible for determining the strategic direction of the business as well as handling the important
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ABSTRACT An active‚ well-informed‚ well-trained Board of Directors (BOD) is absolutely essential to the success of the organization. The BOD for this organization is not unlike any other not-for-profit boards with less than 10 years in age. The boards of these organizations sometimes consist of inexperienced and unknowledgeable management professionals. New board members are excited to make good decisions and evoke proper change within the organization. They soon find out change is not quick and
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|Directors Duties and the notion of True and Fair. | After the failure of ABC Learning’s‚ Centro Properties and Hastie Group many companies and their accounts came under scrutiny. The collapses of these high profile company’s had a weighty effect on creditors‚ customers‚ employees‚ government and other stakeholders. The questions raised in each of these cases‚ is to what extent is it the director’s duty to ensure that
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Discussion Board 1: 1. In one complete sentence‚ state this production ’s main point or thesis The Hope video proved to viewers that God is the Creator and Sustainer of all things who sent His only son to save us from our sins and to show the world His love for us. 2. State whether this production is designed to be informative or persuasive? This Production was designed to be informative showing viewers that God does exist and did send his only son here to die on the cross to prove that unconditional
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Board games have many benefits. To one person it just passes time and to another person it helps with strategy skills. According to Alvin Rosenfeld‚ He states‚ “Nothing bolsters his (or hers) self-esteem more! So why not pull out an old board game tonight? Playing games is an easy and excellent way to spend unhurried‚ enjoyable time together. As an added bonus‚ board games are also rich in learning opportunities” (http://www2.scholastic.com/browse/article.jsp?id=2060). Although it is posted more
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The NHL Board of Governors is the ruling and governing body of the NHL‚ and each team in the league is a member. The NHL Board of Governors aims to establish the policies of the National Hockey League‚ uphold its constitution and monitor any changes to the game in North America. The Board of Governors is an advisory board to the Board of Regents‚ the College’s policy-making body. The Board is comprised of popularly elected Governors who implement national projects and initiatives at the chapter level
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JOB DESCRIPTION Director of Medical Education (DME) The Director of Medical Education is responsible for maintaining and developing the profile of education within the organisation and promoting high quality education. They should develop a local strategy for medical and dental education‚ be responsible for the Business of Medical Education and Training and for ensuring the delivery of the Deanery Educational Contract. They will have a close professional relationship with the Dean/Deanery to
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2.4 The Purpose of the implementation of Codes of Ethics of the Directors in Corporate Governance. At the quarter of the 20th century‚ as technologies like internet have made world business or international business all more viable‚ the business ethics domestically have grown in importance along with the power and significance of major businesses. So that‚ directors code of ethics take center stage as a major concern of the modern era as most of the business are dealing with an international business
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One of the duties that company directors need to comply with is fiduciary duties. This is so as company directors are said to be in a fiduciary relationship with the company. When directors are in a fiduciary relationship with the company‚ they are prohibited from doing any acts deemed prejudicial to the company. In other words‚ by applying the judgment in Hospital Products Ltd v United States Surgical Corpn‚ directors cannot and should not use his position to receive personal gains. The traditional
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literature in the methodology section. Especially you discussed the relationship between each of your IV and DV in the methodology section. But this should have finished in LR section. Why u make your writing redundant? * You better add many other board characteristics variables as IVs in your model. Besides add other internal governance mechanisms like CEO compensation‚ debt policy‚ management ownership etc as IVs…..In general read more literature and add many IVs to have real contribution beyond
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