The problem of many developing businesses has always been attributed to insufficient or lack
of capital to run these enterprises. But on taking an MBA course at the University of Ghana
Business School, you have come to realize that most businesses in Ghana and Africa fail not
because of capital adequacy issues but rather, human resources management issues. What
significant expectations would you give to all HR managers as needed competences to be
equipped with if you are the consultant general to businesses in Ghana?

Ethics Case

What should he do?

Tobias Ivanov, a senior accountant, has just completed his third year at a large accounting firm. During this time, Tobias has been consistently evaluated as an above average performer and a “team player.” Lately Tobias has been concerned about the heavy work load in this firm and has decided to enroll in an MBA program. He recently applied for admission to several of the nation's top business schools. The school in which Tobias is most interested had an October 1 deadline for a trial financial aid package, designed to attract top candidates, which covers all costs and pays $10,000 per year. This is the first year for the program and there is no guarantee that the program will be available in future years. Based on his conversations with university officials, Tobias is quite optimistic about being admitted and receiving the funding, even though a final decision will not be made until February. Tobias plans to enter an MBA program, even without the special funding, beginning in August of the following years, but he has told no one at the firm of his plans.

Janice Conrad, a partner in charge of training and development for the local office, has just received information from the national office of the firm related to a five-month accounting internship-exchange program the firm has arranged with offices in Europe, Australia, and Russia. Applicants must have three to five years with the firm, be above-average performers, have long-term career potential with the firm, and be fluent in the host country’s language. Janice immediately thinks of Tobias, who is a first-generation American with strong family connections in Russia. Janice arranges to have lunch with Tobias the next day.

At lunch Janice confirms that Tobias is fluent in Russian and then presents to him the information on the five-month internship in the Moscow office, from January through May of the following year. Tobias and Janice talk with excitement about the personal and professional benefits of five other relatives who live in Russia. The firm would benefit by having someone with experience in the Moscow office. Janice thinks Tobias has an excellent chance of being selected for the program and offers to write a recommendation letter for him. She gives Tobias an application and encourages him to complete it immediately, since it is now mid-October and the application deadline is November 1.

That night, Tobias sits down to consider his career plans. Although he is very excited about the opportunity to go to Moscow, he is also convinced that he would love to enroll in a full-time MBA program in the fall. He realizes that it is possible to intern in the Moscow office from January through May, return to his current office for June and July, and then begin the MBA program in August. Tobias wonders if he should talk to Janice about his MBA plans, but he hesitates. He knows that firm policy requires only a two-week notice prior to leaving the firm. Tobias decides that there is no harm in applying, but he questions his long-term intentions with the firm and wonders what to do.

Address the following Questions using complete sentences/paragraphs. Your write up should be a minimum of 1.5 pages, and could be more.

1. Identify the relevant facts of the case.
2. Identify the ethical issues within this case.
3. Identify and list the primary stakeholders in this case.
4. Identify and discuss the possible alternatives for the dilemma and the ethics of each alternative.
5. What, if any, are the constraints to the alternatives?
6. What action should be taken by Tobias and Janice depending on the alternative taken?

Based on the situations below, explain the type of offence, the provision of the
offence under Income Tax Act 1967, and penalty (fine/imprisonment) faced by the
taxpayers:(Malaysia tax)

Fatt, a graduate of Lim Kok Wing University, founded a startup business in
Selangor after he graduated. He has been earning a steady income from his
business venture in 2019. However, he did not declare any of his income to the
Inland Revenue Board of Malaysia by filing Income Tax Return Form, as he was
afraid of not getting any government assistance thereafter as his income exceeds
the limit stipulated.

1) Provide one full APA page of text (minimum) that identifies your company, it's primary products, markets, subsidiaries, risks, and any special highlights about your assigned corporation.

Corporation: The Brink's Company

So far this is what I wrote, I'm not sure if it's even right....:

The Brink’s Company is best described as an American private security and protection company. The company was founded in 1859 and has its main headquarters located in Richmond, Virginia. Brink’s has earned the title of the largest cash management company in the world. The Brink’s Company provides international services of secure transportation, cash management and other security-related services. The company offers cash-in-transit services of armored vehicle transportation of valuables as well as ATM services and network infrastructure services. Its international network services have expanded and serves customers to more than 100 countries while employing more than 134,000 individuals.

1. The exchange rate between Japan (JP¥) and the United States (US$) currencies was especially volatile in the early 1990s. The JP¥/US$ exchange rate changed from JP¥160 per US$1 in 1990 to JP¥99 per US$1 in 1993.

a.      Did the JP¥ appreciate or depreciate relative to the US$ between 1990 and 1993? Explain briefly.

b.      How would this exchange rate change affect Japanese auto manufacturers who produce cars in Japan for export to the US? Explain your logic.

c.       How would this exchange rate change affect Japanese auto manufacturers who have factories in the US and assemble cars there from US and Japanese parts for sale in the US? Are they better off or worse off than the producers in part (b) above? Explain your logic,

d.      How would this exchange rate change affect Japanese investment companies who have previously purchased US financial assets? Explain your logic.

e.      How would this exchange rate change affect Japanese firms who have US$-denominated loans from US banks? Explain your logic.

Indicate whether each of the following was counted in the United States gross domestic product for the year 1998. Explain each of your answers.

a) The commission earned by a Realtor who sold a house in 1998. The house was originally built in 1955.

b) The value of an automobile produced in 1998, but sold on January 1st, 1999.

c) The $1000 that Kevin earned from a stock that he bought and sold in 1998.

d) The value of blenders produced in 1998 entirely in Germany by a company that is owned by American citizens.

How will a MBA benefit a employee and its impact on a company?

Denver Investment Company has been creating portfolios for minimizing risk on securities held by it. The following portfolio was created by the company in June 2018:

The overall return on the portfolio is 7.24%.

REQUIRED: Calculate the individual return earned by security Y.

Top Notch Homes Ltd. (TNH) is a privately owned company selling a luxury range of home equipment. Fiona Fielding, the daughter of the company’s founder, took over responsibility for running the company in December 2018. She has little management experience. Her main interest is in developing a new business line to broaden the company’s activities. She has no interest in day-to-day internal control activities preferring instead to adopt a more informal management style. Fiona found a supplier of a new design of hot tub in Norway. She immediately started to import these hot tubs financed by a substantial bank overdraft. The company sells to retailers at £2,000 per unit representing a typical mark-up of 100% on cost. At first sales averaged 50 units per month. Demand was so great that Fiona was forced to engage a second supplier in Finland but at a purchase cost of £1,500 per unit. That supplier required Fiona to sign a three-year contract committing to purchase 400 units per annum. In the last two months of the accounting period ended 31 December 2019, sales of the hot tubs have fallen significantly and the selling price has had to be reduced by 30%. The hot tubs are sold with a three-year warranty. Some of the units bought from Finland have developed faults which cannot be rectified on site. Customers have insisted that the faulty units be replaced or a complete refund given. Fiona is reluctant to tell the auditors exactly how many units have had to be replaced. At the year-end, inventory consisted of 200 saunas. Fiona is adamant that these should be valued at cost. Payments due to the suppliers have been delayed because there have been problems reconciling the invoices payable to suppliers with the deliveries received from them. The supplier in Norway is threatening legal action to enforce payment and the supplier in Finland is insisting on cash upfront before any more deliveries are made.

Outline FIVE substantive audit procedures that the auditors of TNH could undertake and explain the purpose of each