KPMG

Since GST (Good and Services Tax) has been available by government to implement it to the public, the reformation of GST seems to initiate a couple of issues. Those issues may include a political, or even economic aspect and many other issues. Yet today, there is a lot of argument, critics and fact about GST reform and its implications found in the Australian media. This essay will review some of the findings from the articles that are related to the GST reform and why GST holds a really…

2010; EIA, 2011). Nigeria’s estimated crude reserves as at 2011 totalled 37bn barrels and 5.29 trillion cubic meters of gas which are equivalent to 2.53% and 2.82% of the world oil and gas reserves respectively (International Energy Outlook, 2011, KPMG, 2014). On estimate, the industry annually consumes about $18bn in services ranging from construction, engineering procurements, Front-End Engineering Design (FEED), Seismic surveys, fabrications, etc (Omenikolo and Amadi, 2010). Investment…

Findings Against arguments Throughout the years, numerous measures have been taken to close the gap and accomplish educational fairness of Indigenous Australians (Ministerial Council on Education, Employment, Training and Youth Affairs [MCEETYA], 2000). For Indigenous children, closing the education gap would mean, these children often having to assimilate to non-Indigenous mainstream schooling systems. This may result in Indigenous children losing their identity and culture (Korff, 2016)…

Institutional structure Nestlé follows a mission statement claiming, “commitment to enhancing people’s lives by offering tastier and healthier food and beverage choices at all stages of life and at all times of day.” From this, three core institutional goals were created; balanced diets of nutritious and healthy nature, sustainable financial performance, and last but not least stakeholder trust in the product and company. Nestlé is therefore known for, “Creating Shared Value” (CSV), creating a…

performance was distributed amongst stakeholders. External stakeholders like NGOs were also invited for CSR related discussions, and there was the creation of standards of reporting that has transparency and shows accountability. More so, auditing firms like KPMG were involved to make an audit for its environmental performance in Nigeria. Shell’s Code of Conduct included Codes like the United Nations Universal Declaration of Human rights, ICC Business Charter on Sustainable development (adopted…

This topic talks about the development of automated vehicles, such as driver assisted or self-driving car. There have been many demonstrations regarding these vehicles. The main concern regarding these vehicles is the insurance risk for crashes. Given the unknown risks, insurance companies are not sure what to do at the moment. Some developers are stepping in to fill this gap themselves: Google, Mercedes, and Volvo are self insuring their own products. In any case, there are a few implications…

Abstract Right from the start of its usage in Performance Management by General Electric, the Bell Curve is thought to be an easy tool to identify performers from non-performers. The aim of using this tool was to encourage the average performers to improve their performance and to reward the best performers and to lay off the consistent bad performers. But questions have been asked on its efficacy in improving the performance with claims that it demotivates the employees and lead to…

1.7.3 Risk Management ( Abdul Rasid, Golshan, Ismail & Ahmad, 2012) defined risk management, it involves managing to achieve a proper balance between realizing opportunities for gains while minimizing losses. As this definition implies, risk management is an integral part of a good management practice and an essential element of excellent corporate governance. Risk management is a repetitive process that constitutes steps that when performed; it facilitates improved decision-making and…

Financial crimes such as money laundering and corruption have been unsettled issues and a serious concern in a world where everything is moving fast with refined digital connection. With this known fact, combating crimes has been a constant challenge for enforcers to detect and impose appropriate sanction on those who are involved. Legal framework and regulatory mechanisms, be it regulatory and enforcement bodies or sets of laws, have to adequately subsist to observe and if not eliminate,…

The Spur Corporation, a public company, founded by Allen Ambor in 1967, has become one of South Africa’s most renowned franchises4. With approximately 270 outlets in South Africa and 39 internationally, Spur continues to dominate the casual dining industry3. This may be attributed to its implementation and use of specific internal controls and audit procedures in majority of its restaurants. (Wild Eagle Spur in Ruimsig will be used as the main source of information in this report). • Internal…