logo

Advance Diploma of Leadership

16 Pages1934 Words41 Views
   

Added on  2020-05-16

Advance Diploma of Leadership

   Added on 2020-05-16

ShareRelated Documents
Running head: ADVANCE DIPLOMA OF LEADERSHIPAdvance Diploma of LeadershipName of the Student:Name of the University:Author Note
Advance Diploma of Leadership_1
1ADVANCE DIPLOMA OF LEADERSHIPTable of ContentsTask 1.........................................................................................................................................3Answer to Question 1.............................................................................................................3Answer to Question 2.............................................................................................................3Answer to Question 3.............................................................................................................4Answer to Question 4.............................................................................................................4Answer to Question 5.............................................................................................................5Answer to Question 6.............................................................................................................6Answer to Question 7.............................................................................................................6Answer to Question 8.............................................................................................................6Task 2.........................................................................................................................................7Answer to Question 1.............................................................................................................7Answer to Question 2.............................................................................................................7Answer to Question 3.............................................................................................................8Answer to Question 4...........................................................................................................10Answer to Question 5...........................................................................................................11Answer to Question 6...........................................................................................................11Answer to Question 7...........................................................................................................12Answer to Question 8...........................................................................................................12Answer to Question 9...........................................................................................................13
Advance Diploma of Leadership_2
2ADVANCE DIPLOMA OF LEADERSHIPReferences and Bibliography...................................................................................................14
Advance Diploma of Leadership_3
3ADVANCE DIPLOMA OF LEADERSHIPTask 1Answer to Question 1The organizational and the present statutory requirements that the management of thefirm should consider is a strategic plan for achieving the business plan effectively. This canbe achieved by decreasing the gross profit by 1% so that the firm incurs a stable revenue inspite of the trading period being tough. $70,000 has also been added to the advertising budgetfor the achievement of the larger market sector. Moreover, the wages and salariesapportioned for the firm have been increased by an amount of $172,500. The statutoryrequirements include the superannuation to be of a 9% of wages and salaries. The payroll taxis 4.75% of wages and salaries. The workers compensation accounts for 2% of wages andsalaries. The company tax is 30%.Luxury Car tax, Payroll tax, Fringe Benefits tax and GST are the tax related liabilitiesof VTI Homecare Pty Ltd.Answer to Question 2The compliance requirements for VTI Homecare Pty Ltd under the Corporations Act2001has been that there should be a defined code for governing the conduct of the employeesand a suitable structure regards to corporate governance. The financial reporting to ASICshould be processed in such a way that it reflects the true and fair view of the company. Theaudit of the financial statements should also be carried out annually in order to adhere to therequirements of the Corporations Act, 2001. Moreover, the VTI Homecare Pty Ltd shouldalso arrange for a board of directors1.1Hooghiemstra R, Hermes N, Emanuels J. National culture and internal control disclosures:A cross‐country analysis. Corporate Governance: An International Review. 2015 Jul1;23(4):357-77.
Advance Diploma of Leadership_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
BSBFIM601 Assignment Manage Finances
|12
|2094
|42

Assignment On Manage Finances Taxation Houzit Pty Ltd
|18
|3691
|369

Advance Diploma of Management - Doc
|14
|1994
|25

Tax assessment Act 1986 - Assignment
|9
|1574
|58

Answer to question 1: Taxation Law Name of the Student Name of the University Authors
|12
|2450
|268

BSBFIM601 Manage Finances - Doc
|15
|2926
|131