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An appraisal of the situation using the knowledge gained from this course. Also, perform a digital forensic investigation on the matter.As head of the Information Protection Department of Famous Corporation, you have just received a call from the Senior Vice President of Human Resources informing you that in the past four days, there have been four occurrences of money transfers to unauthorized recipients. During the conversation, you were giv...
Scenario 1: Abandoned Trip to Exhibition1. Peter, the Managing Director of CompuMac Limited, was planning a company trip for the staff. The staff wanted to go to Kuala Lumpur to visit the inaugural “Global 3-D Printing” exhibition that boasts of 3-D printing technology experts participating from all around the world. They wanted to talk to the experts about CompuMac’s patented 3-D technology and to seek alliances with such ex...
The Facts of the CaseQuestion:Describe about the Case Study of Chaser Ltd Company?The primary issue on the given case is that in accordance to the Corporations Act, 2001, and the general law whether Anthony has breached any duty as a director in the company, Chaser Ltd. The facts in the case state that there are four directors in the company Chaser Ltd whose primary business is related to wine bottling. As a result of the decreasing economy and...
The Background and ContextQuestions:1. Discuss the risks auditors face when considering management earnings management practices?2. Are auditing standards important and do they matter?3. Discussion on Cyber-security, auditing and audit committees?4. Discuss these pictures as views of the audit function?The study tries to investigate how the risk relates to the potential earning management of the company that impacts the auditing services (DeFond...
What is Fringe Benefit Tax (FBT)?Questions:Part One: Fringe Benefit Tax Alan is an employee at ABC Pty Ltd (ABC). He has negotiated the following remuneration package with ABC:• salary of $300,000;• Payment of Alan's mobile phone bill ($220 per month, including GST). Alan is under a two-year contract whereby he is required to pay a fixed sum each month for unlimited usage of his phone. Alan uses the phone for work-related p...
Earnings categorized as personalEthan Jones a Medical Registrar in a Melbourne Public Hospital earned a gross salary of $220,000 during the year ended 30 June 2014. He had PAYGW deducted of $73,000 from this salary. He ‘salary sacrificed’ $10,000 of his gross salary to an ATO regulated superannuation fund. He received interest income paid by the bank of $4,500 into his bank account. However he did not provide a Tax File Number and...
Allan and Betty: The Move to Central VictoriaPart A 1. Allan and Betty were living and working in Melbourne. They decided on a ‘tree change’, sold their Melbourne home and purchased a large country house on a 10 hectare block in central Victoria. Betty works part-time as an accountant and Allan as a locum doctor. Allan is popular with the elderly patients in the town and regularly is given home-made cakes and scones, along with his ...
Director's DutiesAnthony, Ben, Catherine and Daniel are directors of Chaser Ltd., a company whose business is wine bottling. Given the downturn in the economy and entry of new countries into the "New World" wine market, competition especially in Asia is becoming increasingly stiff. The directors of Chaser Ltd. feel that it would be prudent to diversify and invest in other business opportunities. During the Easter vacation, Anthony caught up with...
Stakeholders interest were not addressed properlyQuestion:In April 2013, the Rana Plaza garment factory collapsed upon its workforce, killing approximately 1,200 workers and injuring about another 2,000. The incident served to highlight the plight of low-paid Bangladeshi workers forced to work in dangerous conditions for the profit of big multinationals and shoppers in first world countries who want $2 shirts.You are to investigate what happened...
The Law of Negligence in AustraliaQuestions:Mark, Peter and Mary were out on a Saturday night celebrating the successful formation of a new business venture. They went to a special restaurant up in the hills, Hilltop Point, to mark this occasion. After a great night of eating and drinking, they decided to continue their party at Watchout Point, a scenic hilltop spot with a spectacular view of the city. On their way, they stop...
Introduction and InductionWhat went right (or wrong) during your placement? Note that reflecting on issues which go wrong may be even more valuable than reflecting on the positive experiences. A reflective journal is basically the reflection of thoughts and experiences of an individual in a certain context. A reflective journal basically includes the experiences and feelings of a person regarding a certain position or condition. The mai...
Investigation of Rana Plaza Case(1) In April 2013, the Rana plaza garment factory collapsed upon its workforce, killing appoximately 1,200 workers and injuring about another 2,000. The incident serverd to highlight the plight of low-paid Bnagadeshi workers forced to work in dengerous conditions for the profit of big multinationals and shoppers in first world countries who want $2 shirts. You are to investigate what happened at Rana Plaza and ...
What Is Tort Law?Question:The formal position in Australia is rather different. The high court in Sullivan v Moody (2001) rejected the Caparo approach on the ground that neither proximity nor fairness had the necessary precision to serve as practical tests and that the latter was capable of being misunderstood as an invitation to formulate policy rather than to search for principle. Discuss.The word tort is derived from the Latin word ‘tor...
Differences between International and Domestic Business Law The International business law is concerned with the rights of business with each other and with international organizations. Domestic law is within the state and it concern with the rights of business within the state(Bartone, 2010). The domestic and international business law is very differing in mainly two aspects first of all the law making process and the enforcement. International...
Receipt of Income from Selling T-Shirts John was an architect and was employed by a small firm in the Melbourne CBD. He worked part-time. On his days off, he enjoyed designing and printing T-shirts. He started designing and printing T-shirts in August 2009, when his friend introduced him to the hobby. He printed T- shirts when he had the time and kept them for himself or gave them as gifts for family members for special occasions. As an architec...
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