Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question 1: What is a company takeover? What interests does the Corporations Act seek to protect? Does it make any difference to the operation of the law if a takeover is conducted via the stock exchange?
Question 2: What legal obligations apply to directors during a takeover? Does liability attach to other persons whose statements appear in a takeover document.
Question 3: A Ltd has held 19.9% of B Ltd (a company listed on the Australian Stock Exchange) for two months. The directors of A Ltd wish to gain control of B Ltd as soon as is possible and are considering making an offer to the shareholders of B Ltd. The offer they wish to make is one share in A Ltd plus $1.00 in cash for each share in B Ltd.
What issues concerning the law in relation to takeovers do these facts raise and what must the directors of A Ltd do to achieve their aim?
Question 4: Solly is a well-known investment adviser. He is selling his luxury motorboat to Mr Lock, the CEO of a large public company. Solly phones Mr Lock and threatens to sell his boat to someone else unless the deal is done soon. Mr Lock says to Solly "Don't say anything but our company is just about to be taken over by Telstrate the largest communications company in Asia, once that is done I will have the $10 million in cash" The next day Solly buys $100,000 worth of Telstrate shares at $5 per share. When news of the successful takeover is publicised the shares rise to $10 per share. Solly sells and makes $5 profit per share. Is this insider trading? Explain your answer.
What is an important challenge facing the accounting department of organizations today, and how would you go about addressing it? Explain.
What was the ethical dilemma faced by Susan Birkert's friend when that fellow auditor learned of Birkert's ethical wrongdoing?
professional liability please responds to the subsequentshow audit areas that have the highest risk for potential
FIFO means "first in, first out." This follows the assumption that the first items received into inventory are the first items sold. In some cases, this may not be true because companies often have to sell new items after old ones have become outd..
you are required to identify a current controversy relating to auditors independence. journal websites articles and
What has been the impact on company management and auditors in implementing the provisions of the Sarbanes-Oxley Act of 2002? Discuss how effective you think this Act is in preventing fraud and accounting oversights.
For each of the above events or transactions, indicate the audit procedures that should have brought the item to the attention of the auditor and the form of disclosure in the financial statements including the reasons for such disclosure.
Show audit areas that have the highest risk for potential litigation and liability for public accounting firms and prepare two best practices for public accounting firms to minimize the risk to liability exposure.
Explain the components of an IT audit. Include the following areas: Key components of the IT audit and Risks and controls related to IT.
Create the journal entry or entries to show the proper recording of revenue (this may require more than on journal entry). Create the subsequent journal entry to show spending of the funds.
What the audit would involve? Who could be the auditor? Would it be wise to allow a third party (the auditor) access to their confidential business information?
Describe three internal controls that should exist over sales or royalty transactions or over the database tables and describe four computer assisted audit tests (CAATs) that you could run using generalized audit software in order to audit royalty ..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd