COMPANY AND FINANCE LAW ASSESSMENT 2

COMPANY AND FINANCE LAW ASSESSMENT 2

There is a word limit of a maximum of 2,500 written words plus or minus 10%. This does not include the bibliography or referencing.

Students must state when uploading their answers that it is their work and that they have not copied or obtained external assistance to complete the assessment.

Part 1

This requires you to prepare a written report for your senior manager in the financial organisation that you are employed. :

The scenario is that you are all graduate accountants / financial advisers working for an integrated accounting and financial planning organisation.

As the graduate accountant/financial adviser (depending on your specialisation or major) you are required to attend a meeting with the firms client and take notes and then prepare a response for the client.

Your response will be reviewed by your senior manager and then by the senior partner/director of the organisation.

The organisation that you work for has very high standards and will not tolerate spelling mistakes, or grammatical errors in your report. They will also not tolerate any copying of information from websites, textbooks or other sources without proper referencing.

They expect to be able to see from your report, that you understand the relevant legislation, case law can apply it to the facts and come to a logical and well thought out conclusion.

Any conclusions not supported by well-researched reasons will be marked down.

The report will need to include :

written explanations,

calculations of numbers

simple and plain English

You are preparing g a report to the client who is not a corporate financial law expert.

Remember you are all on a 3-month probation period with the organization and your performance review is coming up in the next month.

Preparation for the question:

Students should have been practising the exam-style based questions in your tutorial question set in preparation for this assessment.

In answering the question, you will need to ensure that you identify the issues, apply the relevant law and justify your answer. Merely stating they have breached a section without explaining why will not be accepted.

If you refer to case law or legislation you must use the RMIT Harvard method of referencing in your response.

Your report must meet the standards set by the organisation.

The questions will cover issues raised in topics 1-8 (week 1-8).

Part 2

PART 2:

This part consists of a video presentation to the senior partner/director of the accounting practice/financial organisation

The video presentation is to be no longer than 5 minutes.

If it exceeds this time, you will be penalised.

Background:

Megans boss, Becksindale Mugabe is the managing director of the practice. He is busy assisting other clients with restructuring issues in the current economic environment.

He is currently in Queensland assisting other building company clients and will not be back until Monday 26 September 2022.

Metrix is a highly valued client of the firm

He wishes you to prepare a video presentation to him, which is to be for no more than 5 minutes in length.

ISSUES THAT BECKSINDALE WANTS YOU TO ADDRESS AND PRESENT IN THE VIDEO:

Can the company still pay a dividend even though the current year has resulted in a trading loss and if they can why

Suren has been a director of two other companies in the last 7 years that became insolvent. Can he still be a director of Metrix?

In your report on issue number 4 of your written report you have referred to a court case. Explain to me the relevance of that case to the issues affecting Metrix or the directors of the company.

In your video presentation please answer these questions from Becksindale

Rationale for video presentation:

As accountants/financial advisers you will spend the majority of your time explaining issues to people but within very short time frames. The purpose of the video is to give you the opportunity in a safe environment to develop that skill. In your presentation to your future employer they expect you to know and understand the issue. When you are talking to them they do not expect you to be looking at notes or reading from a script.

The questions that you will be required to answer may take more than 5 minutes to respond so you will need to develop the skill to summarise the key issues..

RUBRIC:

Requirements in preparing and presenting the video:

You must show on camera your RMIT ID

Introduce yourself to Becksindale

Dress professionally (no tee shirt or casual dress)

The background to your video presentation must be a professional scene or blank screen and not your bedroom or lounge

You must look at the camera

You must talk to Becksindale and not be reading from notes, which means you must know and understand what you are talking to him about

You must be able to articulate your response clearly to Becksindale

No PowerPoint presentation to be included

Practiceyour presentation before you attempt the final presentation.

You can use any electronic media to upload the video eg MPV, Zoom, You tube etc.