FNS60217 Advanced Diploma of Accounting FNSACC624 Monitor Corporate Governance Activities FNS60217 | FNSACC624 Monitor Corporate Governance Activities Learner’s Guide | V 1.1 | April 2018 Business...

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FNS60217 Advanced Diploma of Accounting FNSACC624 Monitor Corporate Governance Activities FNS60217 | FNSACC624 Monitor Corporate Governance Activities Learner’s Guide | V 1.1 | April 2018 Business Institute of Australia | RTO Code 91019 Next Review: Dec 2018 Page 2 of 27 LEARNER’S GUIDE Mode | Classroom + Online Delivery FNSACC624 Monitor Corporate Governance Activities Supporting: FNS60217 Advanced Diploma of Accounting; May also support other qualifications based on respective packaging rules © E-Skills Australia, 2015 Copyright: This document and its contents are protected by Australian and International copyright laws. No part of this document may be reproduced or transmitted in any form or by any means, electronically or mechanically, including photography, scanning, recording or any information storage or retrieval system, without permission in writing from the copyright owner or from E-Skills Australia Pty Ltd. Information and/or resources used from the Commonwealth, government agencies, training.gov.au, public domain information, or any other external sources do not constitute copyright and remain the property of the original authors. All the websites and external resources mentioned in this publication are copyrighted to their owners and E-Skills or author does not endorse the views expressed by them. Web links are used as examples for reference purpose only and may have changed since publication of this resource. E-Skills Australia Pty Ltd ACN: 146 742 369 FNS60217 | FNSACC624 Monitor Corporate Governance Activities Learner’s Guide | V 1.1 | April 2018 Business Institute of Australia | RTO Code 91019 Next Review: Dec 2018 Page 3 of 27 Table of Contents 1. Introduction ...................................................................................................... 4 2. Unit Overview ................................................................................................... 4 3. Competency Standards ...................................................................................... 5 4. Delivery Plan .................................................................................................... 8 Delivery Arrangement .............................................................................................. 8 Delivery Conditions ......................................................................................... 8 Suggested Learner Resources ....................................................................... 11 5. Assessment Plan ............................................................................................. 12 Assessment Method .............................................................................................. 12 General Rules of Assessment ........................................................................ 14 Submission of Works ..................................................................................... 15 Assessment Tasks and Schedule ................................................................... 15 6. Assessment Tasks ........................................................................................... 16 Assessment Task 1: ......................................................................................... 16 Assessment Task 2: ......................................................................................... 18 Assessment Task 4: ......................................................................................... 22 FNS60217 | FNSACC624 Monitor Corporate Governance Activities Learner’s Guide | V 1.1 | April 2018 Business Institute of Australia | RTO Code 91019 Next Review: Dec 2018 Page 4
Answered 12 days AfterApr 25, 2021FNSACC624Training.Gov.Au

Answer To: FNS60217 Advanced Diploma of Accounting FNSACC624 Monitor Corporate Governance Activities FNS60217 |...

Pallavi answered on May 06 2021
154 Votes
Slide 1
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Case Analysis of HIH
Overview of the case
HIH was one of top insurance
companies of Australia until the year 2001, when it suddenly went into liquidation.
Various investigations were conducted by APRA, ASIC, Royal Commission and the Courts to find out the causes and reasons behind the failure of the company.
It was revealed in investigations that directors and officials of the company had breached their duties and there were many deficiencies in the corporate governance system of the company.
Major corporate governance issues
Non executive directors were controlled by Mr. Ray Williams, CEO of HIH and were unable to act in an independent manner.
There was lack of due diligence on part of...
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