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Auditors’ independence declaration The responsibilities of an auditor are to review and assess the financial tracks and accounting methods by examining the compliance of an organisational strategy and analysing the effectiveness of internal operations. In this aspect, the responsibilities of an auditor also include assessment of employees’ performances and identifying their progress towards organisational objectives. In the sta...
Analysis of Aldi's Human Resource Management SystemAldi supermarkets commonly known as ALDI, is a brand of German discount supermarket chains that have over 10,000 stores in 20 countries worldwide. The supermarket has an estimated turnover of 50 billion euros in the countries of operations. The supermarket chain was founded in 1946 by two brothers Theo and Karl Albrecht after taking over their mothers’ store. The supermarket is h...
AUB Group Limited: OverviewThe company AUB Group Ltd. started its operations in the year 1985, under the company name of Austbrokers Holdings Limited. AUB group limited offers underwriting, broking and risks services to the customers in Australia (AUB Group, 2018a). The firm further manages and operates insurance broking networks, which are represented by approximately 10 businesses. AUB Group limited also renders client solutions and risk man...
Topic and Literature ReviewDiscuss about the Relation B/W Remuneration And Financial Performance. The term remuneration is identified as the payment received for the services or the compensation for the employment. These are seen to be based on the different types of the present market indicators which are seen to be associated to the present market standings. The primary objective of the study has been considered with developing the lite...
Balance between Managerial Pay and Performance Measures1. Making managerial pay contingent on measures of managerial and/or firm performance motivates them to deliver good performance for shareholders. However, it also burdens them with greater risks than they may like. How do organisations balance these two considerations when choosing managerial pay and performance measures? 2. Obtain the remuneration report for a publicly listed company. E...
Graphics Rating ScalesDiscuss about the Corporate Governance And Corporate Performance. The arrangement of the executive remuneration in the United States set up the path for the global financial crisis that occurred. It was under the remuneration policies that the leading companies decided to take on risks abruptly and thus not able to handle it and breaking down under the hardships of the risks being taken. Data collected from the artic...
Stakeholder Engagement and Continuous Disclosure in Corporate Governance Discuss about the ACC30008 Accounting Theory and Corporate Governance. The present report is undertaken to develop an in-depth understanding of the various aspects of corporate governance through the use of quality scholarly journal articles. There is increasing emphasis placed by business entities on developing an effective corporate governance framework to promote ...
Physiological motivation theoriesThe motivation of employees is a complex issue and can involve the incorporation of a number of management policies. Discuss the three main theoretical approaches to motivation and evaluate at least three methods of employee motivation. Employees are the most significant asset within an organization. Among the most prospect management concerns is employee motivation. Employe motivation involves workers r...
Board Structuring and OversightQuestion:Discuss about the Evolution and Considerations in Corporate Governance.The principles and recommendations set out in the practice of corporate governance is to ensure that the listed entities are likely to achieve good corporate governance outcome so that most of the reasonable expectation of investors are met. There are mainly eight principles as set out by the council and it comprise of board structuring...
Case Study on ASIC 10 Major Points for InvestorsQuestion:Discuss about the Accounting Theory and Governance for Financial Knowledge. Financial knowledge has been a must in order to take the review of the company financial performance. As the investors it is not possible to review the whole business performance and to take decisions to invest in the various choices of investment options. In this regards Australia Securities and Investment Co...
Method for computing CGT payable amountQuestion:Discuss About The Computation Of Capital Gain Loss Regarding? In the given case, a method of capital gain tax, indexation and scheme will not be considered due to the asset’s holding period, less than a year. Therefore, one other method is presented here to be applied; under this method, selecting of full capital will be done in order to calculate CGT payable amount for the assets were acqui...
Types of Payment StructuresDiscuss about the Compensation and Benefits Review. Reward system refers to any monetary, non-monetary and psychological forms of payment that employers provide to their workers in exchange for the work performed. The study of the pay structure enabled me to learn a few types and structures used in paying workers. Base pay is a reward system based on a minimum amount that an employee receives which serves a...
Actions taken to stop the fraud Discuss about the Business Responsibilit and Corporate Governance. The financial planning arm of Terra Australis Bank (TAB) Terra Australis Financial Planning Limited (TAFPL) was involved in a huge fraud that exposed the bank into various enterprise risks from 2003 to 2012. The senior management took some of the following actions inorder to stop the fraud case. First the management promised to give compensations ...
Literatures Related to the Executive Director's Remuneration Report Question: Discuss about the Managerial Accounting of Commonwealth Bank. In the financial annual reports of the business organizations, one of the major aspects is the Remuneration Report of the Executive Director’s. It is the responsibility of the executive directors of the business organizations to run the business in the proper way so that the business can earn signifi...
Management Theories of MotivationDiscuss about the Organizational Behavior Management and Practice. The competitiveness among the business organization is increasing day by day and; therefore, the businesses are focusing on increasing their productivity and long-term performance. The employees or the human resource play a critical role in driving the performance of the business and improving organization effectiveness. Therefore, busine...
Financial AnalysisDiscuss about the Contemporary Strategy Analysis for Text and Cases Method. The current paper considers understanding the concerns based on the contemporary accounting within the world of accounting. In the report, two Australian companies was selected those are listed within Australian Securities Exchange (ASX). This encompasses Wesfarmers Limited and Woolworth Limited and both of the companies are associated with the...
Case 1: Sale of Tennis Courts1. Two years ago Peta purchased a house in Kew. This house had two old tennis courts down the back which were in poor condition. She purchased the property for two reasons:so that she and her family could live in the house; and so that she could build three units on the tennis courts and sell them at a profitIn the current tax year the tennis club next door offered to buy the old tennis courts, but only...
Corporate governance analysisDescribe about the Business Corporate Governance and Ethics. Corporate governance is the practice and process based on which every business organization is controlled as well as directed. The rules of corporate governance have been made by satisfying all the stakeholders associated with the business process. The stakeholders include management, customers, suppliers, existing employees, community and government...
Question: Discuss about the Generally Accepted Accounting Principles. Answer: Introduction Financial Statements are the presentation of financial information on the overall performance of the organizations. It provides useful information to the users like investors, creditors, financial institutions and other stakeholders of the business entities. Therefore, it is essential to recognize the transactions with the compliance o...
Question: Discuss about the Accounting Theory and Issues for Purpose Financial Statement. Answer: Introduction: The company selected for explaining the accounting theories with conceptual Framework and its accounting policies is Woolworths. Woolworths is one of the renowned retail groceries Supermarket of Australia, with its headquartered in Bella Vista, New South Wales. It has established in 1924.(Woolworths Limited 2016). ...
Talent Management and DevelopmentWrite an essay on Talent management. Talent management is regarded as a set of a framework of interrelated workforce management which helps in motivating, developing and retaining employees within the company. It also helps in succession planning and performance which helps in analysis of development and recruitment of employees within the workplace[1]. Talent management is regarded as one of the most...
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