Accounting Corporate Governance Assignment Homework Help
- July 13, 2017
- Posted by:
- Category: Accounting QA
Best UK USA UAE Australia Canada China Accounting Corporate Governance Assignment Homework Help Service Online
You are a consultant to the Executive Management Committee of Heavy Metal Incorporated (HMI), a large, publicly traded mineral exploration and development corporation with mines on several continents. Due to rising commodity prices, HMI has recently returned to profitability after several lean years including one year of substantial losses due to a mine explosion which resulted in loss of life and closure of the affected mine for six months.
Currently, there are significant strategic issues facing two of HMI’s other mines.
Mine 1. The workers at HMI’s mine in eastern South Australia have been on strike for four months, causing significant harm to the affected workers and local community. The mine and related facilities are not efficient, the wage base of the striking workers is at the high end for the industry and local corporate and employment taxes are also high.
During the strike, the mine has been earning significant revenue from its own hydroelectric facility as a result of diverting power that it would otherwise use for its operations, into the provincial electrical grid. These factors have combined to produce a profit for HMI of approximately $1 million per month since the strike started. A significant portion of these earnings is going into the executive bonus pool for distribution to senior management at year-end. Recently some incidents of violence and vandalism have occurred on the picket lines despite injunctions obtained by the mine against the union Political pressure to settle the strike and return to normal operations is increasing.
Mine 2. This mine is also in South Australia and is nearing the end of its productive life due to exhaustion of the mineral body. The mine will close within 12 months with substantial loss of employment for a community that has become heavily dependent on the mine for economic benefits over the previous 15 years. In addition, there are significant environmental issues as a result of the open pit mine and adjacent tailings pond leaching into the surrounding water basin. HMI has budgeted $10 million in mine closure and remediation expenses to deal with these issues.
Complying with applicable mining and environmental laws in the jurisdiction would result in costs of $15 million to repair the site and environmental damage although the mine manager has been told that spending $5 million on mine closure combined with payment to a key political figure of $1 million would ensure that there were no legal actions taken against your corporation.
Independent consultants have advised that to close and remediate the mine in accordance with accepted international mining standards will cost approximately $20 million. Any expenditures over the $10 million budgeted for this expense will result in a financial loss for HMI and decline in share price which will substantially impact the value of the options portion of your compensation package.
The board of directors of HMI is generally aware of the situation at each of the mines and has requested a report and recommendations from management. The board has scheduled a meeting to hear and discuss your proposals for dealing with each of them.
How it Works?
How it Works?
Step 1:- Want to buy solution for this. Please click on submit your assignment here and then fill all details and please mentioned product code at the end of the case. Product code is extremely important to locate your assignment. You can also mail us by keeping product code as mail subject to besthomewrokhelpers@gmail.com
Step 2:- As soon as we received your details, we will inform you with through email about quotations of the given assignment. Requesting you to please mention your budget. Also ensure our email besthomeworkhelpers@gmail.com should not go into your spam folder.
Step 3:- Once you agree with our price, click on pay now and pay the agreed amount and once we received the payment assignment will be delivered before agreed deadline.
Step 4:-You can also call us in our phone no. as given in the top of the home page or chat with our customer service representatives by clicking on chat now given in the bottom right corner.
Features
Our Features for Assignment Help Services
Plagiarism Free Solution
The first and foremost things that we promise to our customer is plagiarism free solution i.e. a complete and unique solution as per customer’s university requirements.
Excellent Customer Care Services
You can feel our responsiveness once you use our service. Our team of excellent and dedicated customer service representatives are always ready to provide best customer care service 24X7 . Just drop a mail to besthomeworkhelpers@gmail.com and you can receive response in just no time.
Multiple Stage Quality Assurance
We design a unique multiple stage quality assurance team to ensure plagiarism free, original, relevant and as per customer’s requirements. We not only give importance to accurate solutions or writing but also we give equal importance to references style too.
Privacy and Confidentiality
We believe in maintaining complete privacy and confidentiality of all our clients. None of the information furnished to us is shared with anyone else.
Our Clients
We receive requests from clients all over the World. Most of our customers are from USA, UK, Australia, Canada, UAE, Muscat, Oman, Qatar, UAE, New-Zealand, France Germany etc.
Related Services
- Strategic management case study help
- Case Study Assignment Help
- Trade finance case study help
- Banking case study assignment help
- Banking case study homework help
- Meaning of case study assignment help
- Child development case study homework help
- Contract law case study homework Help
- Finance accounting case studies homework help
- Company Financial statement analysis case study homework help
- Foreign assignment case study help
- HR case study homework help
- Human resource management case study homework help
- Managerial accounting case study assignment help
- Managerial accounting case study homework help
- Negotiations case study homework help
- Organization behavior case study homework help
- Project management case study homework help
- Financial statement analysis assignment help
- HBS case study assignment help
- Ratio analysis case study assignment help
- Small business case study homework help
- Project finance case studies help
- Healthcare finance case studies homework help
- MBA case study homework help
- Financial analysis business case study homework help
- Harvard business case study homework help
- Business strategy case study homework help
- Business law case study homework help
- Accounting Case Study Help
- Business case study homework help
- Finance case study help
- Corporate Finance case study homework help
- Business process case study assignment help
- Business statistics case study assignment help
Required
Prepare a memorandum to the board of directors of HMI outlining and supporting your recommended course of action for addressing the issues at the Mines 1 and 2.
The memo should include the following
a) Identify the corporate governance issues at HMI’s mines.
b) What measures are required to eliminate the shortcomings you have identified in (a)? Ensure you specify the requisite corporate governance requirements that must be adhered to.
c) Identify the management processes that can support corporate governance compliance.
d) Suggest ways to monitor compliance with corporate governance requirements.
e)Recommend the philosophy and approach of Heavy Metal Inc. to the shareholder paramountcy vs. corporate social responsibility debate and make recommendations to the board of directors on both of the above situations under separate headings.
f) What criteria would you use to establish corporate guidance failure?
You MUST refer to the ASX “principles of Corporate Governance” in your answers, stating which principles have been compromised (assuming that HMI adopted those principles as their own)
Product Code: ACC63
Looking for Accounting Corporate Governance Assignment Homework Help, please submit your details here with product code mentioned above.