Finance Answers

The Business provide bonuses based on increases in share value, measured at the end of each financial year. Bonuses are to be paid in shares which can be held by the managers or sold on the market.

What are the implications of introducing such a bonus system?

Describe the role that performance indicators could have achieving organisational success and compliance with organisational internal controls.

What role does the ASX play in assisting corporate governance in Australia?

What advice on corporate governance requirements could be sought from published sources or the practices of others?

The preparation, effort and care that goes into a report should reflect its usage. Comment on this statement.

What does the board need to know about their responsibilities under the Corporations Act and any suggestions that you could make about the need for corporate structural change that might be required.

What are the relevant governance requirements?

What is required for the board to provide effective governance

What are the key components of internal control?

Explain the differences between internal and external auditing.