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Briefly explains the types of compensation
Course:- Accounting Basics
Length: word count:2000
Reference No.:- EM131315204




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Accounting and Society

Requirements:

Background:

In their annual report, companies are required to include a remuneration report that documents the remuneration packages of the chief executive officer, other key executives and the directors. There has been considerable media attention on the rapidly increasing remuneration packages provided to chief executive officers in Australia over the last decade. The government response to concerns over the size and structure of remuneration packages was the introduction of the two-strike rule to the Corporations Act (2001).

Required:

Assume you are employed as an accountant at an Australian publicly listed company. The chief financial officer has asked you to prepare a report which addresses the following:

1. Briefly explains the types of compensation included in remuneration packages of Chief Executive Officers and provides examples from the latest remuneration report for your allocated* Australian publicly listed company.

2. Briefly explains the two-strike rule.

3. Critically evaluates from the shareholders' perspective, the size and structure of chief executive remuneration and the potential impact of the two-strike rule, using

i) Agency theory and

ii) Either legitimacy theory, institutional theory or stakeholder theory.

This evaluation should include reference to two theories only (no additional marks are available for students who choose to use more than two theories). It is not expected that part 3 of this task will be specifically related to your allocated company although you may refer to this company if you wish.

*You will be emailed your allocated company.

Please note: You must submit a copy of the remuneration report of your allocated publicly listed company with your assignment. One (1) mark out of a possible 20 marks will be deducted if you do not submit the remuneration report.

Additional information:
- You are expected to undertake research in order to complete this task.
- Please refer to the rubric to assist you in meeting the requirements of this task.
- You may include sub-headings in your report and an executive summary (abstract) is required.




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  1. user image
    len1315204

    Conclusion A concise summary/conclusion is included that brings the assignment to a clear end 4.0 - 5.0 The report includes a conclusion that summarises all aspects of the report. Report communication and referencing Appropriately structured response Includes an abstract Appropriate use of references Correct referencing and citing Appropriate grammar, and language Includes remuneration report for allocated company 8 – 10 Clear evidence of a wide variety of quality academic and professional reading. Skilful engagement and deployment of sources to enrich argument. Accurate citation and referencing. Information is clearly organised and expressed in concise, accurate and engaging language. Includes remuneration report for allocated company

  2. user image
    len1315204

    Critically evaluates from the shareholders’ perspective, the size and structure of chief executive remuneration and the potential impact of the two-strike rule, using i) Agency theory and ii) Either legitimacy theory, institutional theory or stakeholder theory. The response includes a definition of the two selected theories. The response evaluates the pros and cons of the remuneration packages with links to specific aspects of the chosen theories. The response discusses the impact of the two-strike rule with links to specific aspects of the chosen theories.

  3. user image
    len1315204

    Introduction The purpose and scope of the report is briefly introduced 3.5 – 4.0 The purpose of the report is explicitly stated such that readers can understand the overall reason for preparing the report. The introduction discusses all content that is covered in the report and informs readers of the structure of the report. Response to task Briefly explains the types of compensation included in remuneration packages of Chief Executive Officers and provides examples from the latest remuneration report for the allocated Australian publicly listed company 24.0 – 30.0 The report states and explains the characteristics of all of the compensation types. Examples of all compensation types are provided. Briefly explains the two-strike rule The report explains all aspects of the two-strike rule in terms of what it is, when it was introduced, what its aim is, what the operation of the rule involves, and the possible outcomes of the implementation of the rule.

  4. user image
    len1315204

    A word count must be included. Students exceeding the word limit by more than 10% will incur a mark penalty. Students must submit a properly referenced assignment that complies with the Harvard referencing style. This includes in-text citations and a reference list. You may include sub-headings in your report and an executive summary (abstract) is required. You must keep a backup copy of every assignment you submit, until the marked assignment has been returned to you. In the unlikely event that one of your assignments is misplaced, you will need to submit your backup copy. Any work you submit may be checked by electronic or other means for the purposes of detecting collusion and/or plagiarism. You are required to submit an assignment through your CloudDeakinunit site. You will receive an email to your Deakin email address confirming that it has been submitted. You should check that you can see your assignment in the Submissions view of the Assignment dropbox folder after upload, and check for, and keep, the email receipt for the submission.

  5. user image
    len1315204

    The company that I need to work on is Beach Energy Limited. I hope to receive an amazing assignment. If you have any problem please let me know. Please use the rubric as guideline as I will be marked according to it. Please dont forget to follow every instruction.



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