The Australian Business Deans Council (ABDC)

order

ACC03043 Assessment Session 2 2015

Overview of Assessment

Assessment in this unit comprises three tasks:

  • Assessment Task 1 – 30%
  • Assessment Task 2 – 30%
  • Examination – 40%

Assessment to Meet National Threshold Learning Outcomes

The Australian Business Deans Council (ABDC) has issued in collaboration with the Office of Learning and Teaching (OLT) previously the Australian Learning and Teaching Council (ALTC) the Learning and Teaching Academic Standards for Business, Management and Economics.  The Learning and Teaching Academic Standards Statement for Accounting was issued in December 2010 and can be accessed from the following web link.

http://www.abdc.edu.au/download.php?id=325154,282,1

The unit ACC03043 Corporate Governance is covered by this Standard and this unit is offered at the Master Degree Advanced standard.  This is equivalent to the Australian Qualification Framework (AQF) Level 9 award requirements.  In this unit we will be focusing on four primary threshold learning outcomes and these will be assessed in the various assessment tasks.  The following learning outcomes for ACC03043 have been adapted from the national standards for the Accounting Discipline to apply to Corporate Governance.

The foundation learning outcome is KNOWLEDGE.  In this unit you will need to demonstrate knowledge of a significant amount of information relating to corporate governance and related areas of management theory and practice.  The Master graduate needs to meet the following national standard for Knowledge:

 

Integrate advanced theoretical and technical corporate governance knowledge which includes a selection of accounting, auditing and assurance, finance, economics, quantitative methods, information systems, commercial law, corporation law and taxation law.

 

The secondary learning outcome is the development of APPLICATION SKILLS.  In this unit you will be required to demonstrate the ability to apply knowledge about corporate governance in a range of corporate governance settings.  The Master graduate needs to meet the following national standard of Application Skills:

Critically apply advanced theoretical and technical corporate governance knowledge and skills to solve emerging and or advanced corporate governance problems.

 

The tertiary learning outcome is the development and exercise of professional JUDGEMENT. In this unit you will be required to demonstrate the ability to make professional judgements about corporate governance matters in a range of professional settings. The Master graduate needs to meet the following national standard for Judgement:

 

Exercise judgement under minimal supervision to solve emerging and/or advanced corporate governance problems in complex contexts using social, ethical, economic, regulatory and global perspectives.

 

The final learning outcome assessed in this unit is the development of skills in COMMUNICATION.  In this unit you will be required to demonstrate the ability to prepare written reports that communicate complex corporate governance issues and advice to both professionals and non-professionals in the corporate governance field. The Master graduate needs to meet the following national standard for Communication.

 

Justify and communicate corporate governance advice and ideas in complex collaborative contexts involving both professionals and non-professionals in the corporate governance field.

 

As you work on your assessment tasks make sure you consider and seek to demonstrate that you can meet the standard for each of the above national threshold learning outcomes for Master graduates.

 

(Assignment 1 details commence on the next page)

 

 

 

 

Assessment Task 1

Due Date:                            5.00pm Monday 20 July 2015 (Beginning of Week 5)

Length:                                 2,400 words total (+/- 10%), comprising 1,200 words for each of the 2 parts in the question.  Reference list and cover sheet details are not included in this word-limit total.

Weighting:                         30% of total unit marks – 15% for each part

 

 

Part 1 (15%)

Assessment Criteria:

  • Demonstration of knowledge of the issues and evidence of wide reading to support your analysis
  • Demonstration of your ability to apply the knowledge to identify keys issues leading to your recommendations
  • Evidence of sound reasoning and the exercise of professional judgement to support your recommendations
  • Development and statement of concise recommendations for presentation to the Chairman and shareholders
  • Overall structure and professional presentation of the report to the Chairman and shareholders
  • High quality written communication of concepts and terms in ordinary English as not all shareholders can be assumed to be professionally competent in corporate governance

 

‘As part of their role as members of a unitary board, non-executive directors should constructively challenge and help develop proposals on strategy.

Non-executive directors should scrutinise the performance of management in meeting agreed goals and objectives and monitor the reporting of performance.  They should satisfy themselves on the integrity of financial information and that financial controls and systems of risk management are robust and defensible.  They are responsible for determining appropriate levels of remuneration of executive directors and have a prime role in appointing and, where necessary, removing executive directors, and in succession planning.’

Financial Reporting Council, The UK Corporate Governance Code, September 2014, p.9

https://www.frc.org.uk/Our-Work/Codes-Standards/Corporate-governance/UK-Corporate-Governance-Code.aspx

‘Suncorp’s surprise announcement last month that directors would need to own more than $200,000 of the company’s stock is likely to spark a trend as new data reveals directors with “skin in the game” generally outperform – by a lot.’

Adele Ferguson, ‘Report finds companies with directors holding stock had better returns’, Sydney Morning Herald, 26 November 2013.

http://www.smh.com.au/action/printArticle?id=4953431

 

Required

Assume you have been engaged as a corporate governance consultant to a board of directors of a public company listed on the stock exchange.  Your assignment is to prepare a report to be submitted to the Chairman of the board explaining and discussing the roles, duties and responsibilities of the company’s directors. Your report should contain specific recommendations on the roles of non-executive directors and the management of their relationship with executive directors and shareholders.   The Chairman has specifically indicated that she intends to make your report available to shareholders of the company and that the document will be published on the company’s web site.

 

Part 2 (15%)

Assessment Criteria:

  • Demonstration of knowledge of the issues and evidence of wide reading to support your analysis
  • Demonstration of your ability to apply the knowledge to identify keys issues leading to your recommendations
  • Evidence of sound reasoning and the exercise of professional judgement to support your recommendations
  • Development and statement of concise recommendations for presentation to the AICD
  • Overall structure and professional presentation of the report to the AICD
  • High quality written communication of concepts and terms using language for an audience that is assumed to be professionally competent in corporate governance

 

‘Chief executives with multi-million dollar pay packets are not necessarily working in the best interests of shareholders, new research has found, and there may be a case to cap their pay.

order

Last Completed Projects

# topic title discipline academic level pages delivered
6
Writer's choice
Business
University
2
1 hour 32 min
7
Wise Approach to
Philosophy
College
2
2 hours 19 min
8
1980's and 1990
History
College
3
2 hours 20 min
9
pick the best topic
Finance
School
2
2 hours 27 min
10
finance for leisure
Finance
University
12
2 hours 36 min

Are you looking for a similar paper or any other quality academic essay? Then look no further. Our research paper writing service is what you require. Our team of experienced writers is on standby to deliver to you an original paper as per your specified instructions with zero plagiarism guaranteed. This is the perfect way you can prepare your own unique academic paper and score the grades you deserve.

Use the order calculator below and get ordering with premiumessayhelp.com now! Contact our live support team for any assistance or inquiry.

Type of paper Academic level Subject area
Number of pages Paper urgency Cost per page:
 Total: