Workplace Bullying Mobbing

Workplace Bullying Mobbing Workplace bullying is the tendency of individuals or groups to use aggressive or unreasonable behavior to achieve their ends and it is the repeated mistreatment of one employee targeted by one or more employees with a malicious mix of humiliation, intimidation and sabotage of performance. Unlike the more physical form of schoolyard bullying, workplace bullies often operate within the established rules and policies of their organization and their society. Workplace bullying is also referred to as mobbing, although mobbing can also mean any bullying by more than one person, psychological terror or aggression, hostile behaviour at work, work place trauma, emotional violence! In practice means  »ganging up « by co-workers, subordinates or superiors, to force someone out of the workplace through rumor, innuendo, intimidation, humiliation, discrediting, and isolation. Mobbing is typically found in work environments that have poorly organized production and working methods and incapable or inattentive management. A recent reliable study estimates that approximately 1 in 6 workers has directly experienced destructive bullying. Half of all bullies (58%) are women. Half of all bullying is woman-on-woman. Women comprise 80% of targets. The vast majority of bullies (71%) are bosses. Why bullies bully can be reduced to 3 factors. This are competitive schemes, peoples who live to manipulate others to accomplish their own goals and when employers reward the aggression with promotions and rewards. Research indicates that adults who bully have personalities that are authoritarian, combined with a strong need to control or dominate. A person can knew when is bullied because of experinces from work and outside of work (always talking about work). There are four types of bullies. Chronic bullies (tries to dominate people in nearly every encounterat work and away from work), opportunist bullies (he/she knows that beating up other people will lead to winning), accidental bullies (is truly unaware of the effect of her actions on other people) and substance abusing bullies (very dangerous and threatening because she may not be in control of her decisions at all). We can protect ourselves of bullying! There is no direct law abou bullying (only in Sweden, Norvay and Finland) but it should be in the employers interest to establish a policy in preventing conflicts from escalating into dangerous states. As well as practical measures a bullying target can take, there is some legal protection or redress against some types of behaviour, although a suffering employee must look to different parts of related employment law. Although you should first realized that this is not your foult that you are bullied, to informed a manager about that, consider changing your job, to tell a bully that this kind of behaviour is not exceptable, The most problematic and serious mobbing or bullying we can find in army workplace! The U.K. army defined bullying as: â€Å"the use of physical strength or the abuse of authority to intimidate or victimize others, or to give unlawful punishments! Every year we can hear about skandals in armies all over the World. In Russian army is still a lot of violence although there was establiseh military police like in other countries. Some argue that this behaviour should be allowed because the soldiering is different from other occupations. Soldiers expected to risk their lives should, according to them, develop strength of body and spirit to accept bullying.

Analysis on “Another Invitation to the Pope to Visit Tondo” Essay

Emmanuel Torres is a poet, art critic, professor of English and Comparative Literature at the Ateneo de Manila and curator of its art museum who was born on April 29, 1932 in Manila. He was born on the Third Republic of the Philippines when the country was already considered independent. He witnessed the administration of Manuel Roxas, Elpidio Quirino, Ramon Magsaysay, Carlos P. Garcia and Diosdado Macapagal. Macapagal ran for the re-election but he was defeated by Ferdinand Marcos. How was the Philippines during the Marcos regime and early before? Since 1940, it has been very hard for the Filipinos to accept the war after war, revolutions and occupations. The Philippines suffered great loss of life and tremendous physical destruction, especially during the Battle of Manila. An estimated 1 million Filipinos had been killed; a large portion during the final months of the war, and Manila had been extensively damaged. Early in Marcos’ presidency, Marcos initiated ambitious public works projects, war rehabilitations and intensified tax collection which brought the country economic prosperity throughout the 1970s. His administration was very successful in waking up the Filipinos but because of the Philippine Legislature that was corrupt and impotent, there were still circumstances where Filipinos experienced troubles and sufferings. This poem was set during 1960’s when the Pope came to the Philippines. Originally, this poem was entitled â€Å"The Poem visited Tondo† until it was revised to give emphasis to the invitation for the Pope to witness the situation of Filipinos many years back. We all know how visible poverty in the Philippines is. This is an important matter to be faced by the Pope of the world which showed mockery to the Catholic Church. It is amazing how Emmanuel Torres used sarcasm in the poem to show and narrate the sufferings of the people decades ago. He also used sarcasm to describe how people in high ranks had become unaware and apathetic of the living conditions of the poor. Appeasing the Roman Catholic Church during the Fourth Republic, Marcos officially lifted martial law on January 17, 1981. However, he retained much of the government’s power for arrest and detention. Corruption and nepotism as well as civil unrest contributed to a serious decline in economic growth and development under Marcos, whose health declined due to lupus. Life was never easy before. The Philippine was highly dependent on United States markets – more dependent, according to United States high commissioner Paul McNutt, than any single U.S. state was dependent on the rest of the country. This dependence was highly shown in lines – Our eyes shall bless the liveliness of dollars. Emmanuel Torres clearly described and talked about what had happened decades ago but if we read this today and apply what it says to what we experience now, it’s still appropriate for the situation of the Philippines. Poverty is still prevalent and the situation in the Philippines has not changed at all. This poem talks about a time during the Marcos regime when the pope came for a visit. Squatters areas were whitewalled, possibly in order to â€Å"make an impression† on the Pope. He saw right through it, however, and insisted on meeting a family from the area. The poem reflects the more realistic angle of the story, a mockery of the Church, in some ways, by alluding to doctrines. – Ma. Therese Boniface Roxas References: Literary Poems by Emmanuel Torres (March 2006) Another Invitation the Pope to visit Tondo Retrieved December 18, 2011, from http://giaferrer.blogspot.com/2011/02/another-invitation-to-the-pope-to-visit-tondo.html Protected Wikispaces on Literary Criticism (March 1988) Historical-Biographical Apprach. Retrieved December 18, 2011, from http://cyberenglishdhs.wikispaces.com/Historical-Biographical+Criticism An Online Resource Center to Filipino Writers and Readers (1993) Your Portal to Philippine Literature. Retrieved December 18, 2011, from http://www.panitikan.com.ph/authors/t/etorres,htm Critical Approaches. (1996, January). Literature Resources Critical Approaches to Literature: A Brief Overview. Retrieved December 18, 2011, from http://www.cla/purdue.edu/blackmon/engl360k/critcal.html History of the Philippines. (1992, December 1). Wikipedia www.wikipedia.com Retrieved December 18, 2011, from http://en.wikipedia.org/wiki/History_of _the_Philippines

Essay Topics for 10 Year Olds at a Glance

Essay Topics for 10 Year Olds at a Glance The Upside to Essay Topics for 10 Year Olds Distractions can lead to a negative effect. Other people argue it doesn't exist in any way. Teens should have to take parenting classes. They should be able to choose their bedtime. Nose-picking Nose-picking is normal and natural, but in addition, it is socially unacceptable and a good means to spread germs, states Jana. Students ought to be permitted to pray in school. Parents should speak to kids about drugs at a youthful age. Parents of bullies should need to pay a fine. The Truth About Essay Topics for 10 Year Olds Regardless of what essay topic you're given, our essay generator will have the ability to finish your essay easily. If you wish to learn how to compose great essays on sociology, just take the subsequent steps. There are many varieties of essays that may be assigned to the school-goers by their teachers. Writing an essay is a rather easy and very hard job, at the exact same moment. Looking back in the past couple of years the change in music has been quite substantial, with the debut of new music like techno. MP3 music ought to be free. Listen to the playlist and compose a brief memoir-style vignette inspired by every track. Considering all the reference to sex not just in the music, but additionally in the music videos shown on television. Student life is full of surprises, and at times, you might require assistance with essay writing or maybe to compose a paper or essay from scratch. Following are various sorts of essay topics for students that are categorized in many sections so you can easily chose the topic in accordance with your need and requirement. At precisely the same time if you are requested to obtain an essay topic for school by yourself then you have to produce relevant topics under such conditions. When you want an example written by means of a student check out our vast selection of absolutely free student models. Students lead busy lives and frequently forget about an approaching deadline. Since you may see, students are certain to face a number of challenges should they need to turn into a member of the buy essay club. Therefore, many students and employees decide to get affordable essay rather than writing it themselves. Don't feel you've got to be psychologically correct all the moment. Snow days are excellent for family quality time. Three year-old behavior is simpler to live with. Three year-old behavior is not as egocentric, and he realizes there are people on earth that are as critical as himself. It doesn't make a difference to us, whether you're too busy on the job concentrating on a passion undertaking, or simply tired of a seemingly infinite stream of assignments. There's constant stress because of subject exams Almost every second, students face numerous problems or difficulties they must overcome to be able to get the wanted rating. These topics are a little more analytical in nature. While there are several topics that could entice a youngster, the most frequently encountered topic a youngster talks about is When I grow up, I would like to be an On the flip side, children within the age bracket of 7 to 9 years old would really like to speak regarding their comrades. The ability to reside in a make-believe world helps children learn about real life. Rock music is quite a bit easier for teenagers to relate to with all their pressures and problems. Another factor that could perform a part in mood swings is the stress a normal 10-year-old may be under as she attempts to deal with all the bodily adjustments and other shifts inside her life. Many play background music in order to receive shoppers to remain in the store (Gregory).

The Ethics Of The Accounting Profession - 2258 Words

The accounting profession is perhaps one of the most diverse of them all. Not only are there many different accounting functions such as financial reporting, auditing, accounts receivable, budgeting, investments, analysis, or fixed asset accounting (to name a few), but there’s the fact that accountants are needed for almost every business in every industry. So it comes as no surprise that these are positions with great responsibility. Accountants are often called the gatekeepers of a business’ financial system and rightfully so! They are the ones who are responsible for keeping numerous records and backup of all financial transactions. Accountants are the ones who must keep a watchful eye on the financial health of an organization and who report the financial position with clear and unadulterated statements. Unfortunately, there are those who for a number of reasons are tempted and pressured into manipulating accounting entries so that the financial reports do not accurately reflect the company’s financial position. One of the largest problems accountants experience today is the pressure to commit fraudulent accounting practices. There are a variety of factors involved in the likelihood of fraud, but certain circumstances seem to be better predictors of the possibility of fraudulent reporting. In this paper, we will examine one of the largest hallmark scandals in history. Using this example as the backdrop, we will then discuss the circumstances in which the riskShow MoreRelatedThe Ethics Of The Accounting Profession1210 Words   |  5 PagesEthics are a decision one makes in knowing the right thing to do and essentially doing the right thing. They are the rules of behavior based on one’s belief of what is morally good and bad. A person may hear the word ethics and immediately think of government or the law. Not only does ethics have a role in government, it also plays a major role in business, including accounting. Schroeder, Clark Cathey (624) states that the â€Å"reason for a h igh level of ethical conduct is the need for public confidenceRead MoreThe Ethics Of The Accounting Profession1204 Words   |  5 PagesEthics is a decision one makes in knowing the right thing to do and actually doing the right thing. They are the rules of behavior based on one’s belief of what is morally good and bad. A person may hear the word ethics and immediately think of government or the law. Not only does ethics have a role in government, it also plays a major role in business, including accounting. Schroeder, Clark Cathey (624) states that the â€Å"reason for a high level of ethical conduct is the need for public confidenceRead MoreThe Ethics Of The Accounting Profession1579 Words   |  7 PagesEthics in all forms is concerned with the good and bad, right and wrong in a situation. (Duska) In life you will be placed in a situation where you have to make a choice. These situations are not always black and white, in other words they do not have a clear answer. You will not know what your reaction would be in any given situation until you are there and have to make the decision. This is present in both our personal and professional lives. However, if you always follow the guidelines setRead MoreCode Of Ethics And The Laws Of The Accounting Profession Essay1482 Words   |  6 Pagesthe arguments as to why a code of ethics is essential to support the regulation of the accounting profession in New Zealand. Introduction Code of Ethics display the ideal qualities that one should follow and demonstrate, in the accounting profession. It lays down the expected standards, and are based on personal characteristics and behavior. According to New Zealand Institute of Chartered Accountants Act 1996 the five fundamental principles in the Code of Ethics are integrity, objectivity, professionalRead MoreWhy Are Ethics Important in the Accounting Profession? Essay1459 Words   |  6 PagesWhy Are Ethics Important In The Accounting Profession? Sheree Fletcher CE CAPSTONE COURSE FOR THE ASSOCIATES DEGREE IDS399 September 10, 2006 What does ethics have to do with accounting? Everything, since there have been some recent financial accounting scandals; a few examples being Xerox, WorldCom, Enron, which have generated much unwanted and unfavorable publicity for CPAs, including those working as controllers or chief financial officers for organizations. When you hear theRead MoreWhy Are Ethics Important In The Accounting Profession Essay1396 Words   |  6 PagesWhy Are Ethics Important In The Accounting Profession? What does ethics have to do with accounting? Everything, since there have been some recent financial accounting scandals; a few examples being Xerox, WorldCom, Enron, which have generated much unwanted and unfavorable publicity for CPAs, including those working as controllers or chief financial officers for organizations. When you hear the word ethics, what is the first thing that comes to mind? Having to make the decision of doing whatRead MoreEthical Issues Faced by the Accountancy Profession Essay1747 Words   |  7 PagesEthics plays an essential and integral part in the accountancy profession. Professional conduct plays an important role in establishing public trust in financial reporting and business practise. Yet this can and has come under threat when clients and employees are exposed to the risk of fraud when accounting ethics are not adhered to. Codes of ethics are adopted to ensure the reliability, comparability and integrity of financial statements. Ethical standards exist to safeguard the fundamental principlesRead MoreEssay on The Ethical Values Held in Accounting, A Literature Rewiew1426 Words   |  6 PagesEvery profession faces a multiple of ethical challenges on a daily bases, this can be clearly witnessed in the accounting profession. The main focus of this literature review is to discuss the ethical values held in this profession and to also explore the ethical challenges that they face. Professional ethics for accountants is all about making sure that accountants carry out their duties to the highest standard possible and in a very professional manner. A code of ethics is designed to make sureRead MoreFinancial Accounting819 Words   |  4 PagesQUESTION BTN 1-3 Identify the parties potentially affected by this audit and the fee plan proposed Accounting code of ethics guides those in the profession to behave in a respectful, controlled and moral way. Clients need to have confidence in the business practices of professional accounting firms. A clear ethical code ensures that accountants practice a high standard of business that is exceptional in integrity and professionalism (Maughan, 2011). According to Schreiber (2003)Read MoreA Study On Malaysian Institute Of Accountants1416 Words   |  6 Pagesof Accountants website offers viewing of the code of ethics for practicing accountants (2010). As per the website and information therein, The Malaysian Institute of Accountants set up the Ethics Standard Board in June 2009 in order to supplement the Malaysian Government’s push to promote greater integrity and ethics. The vision of the Ethics Standard Board is to adopt high quality professional and ethical standards for the accountancy profession. Their mission is to promote good ethical practices

similarities and differences between greece and ancient...

An application of Abraham Maslow s Hierarchy of Needs to Carl Rogers 10 Principles of Learning An Application of Abraham Maslow s Hierarchy of Needs to Carl Roger’s 10 Principles of Learning Colin W Lambert Regent’s College School of Psychotherapy Counselling Psychology This paper was produced as part of the Foundation Course of RCSPCP Summer Intensive 2011 All correspondence concerning this paper should be addressed to Colin Lambert 34 South Molton Street London W1K5RG E-mail: colin@tlgconsulting.co.uk Page 1 of 11 An application of Abraham Maslow s Hierarchy of Needs to Carl Rogers 10 Principles of Learning Introduction The objective of this paper is to explore the relevance of applying Maslow’s†¦show more content†¦Ã¢â‚¬ËœOn the other hand, the practical person who does not understand theory is also handicapped’(Goble,1970). It is clear Maslow supports Rogers view of experiential learning. Our Basic Needs Maslow perceived the human as driven, motivated and propelled by potent forces and called these forces human needs: ‘Human needs arrange themselves in hierarchies of pre-potency, that is to say the appearance of one need usually rests on the prior satisfaction of another, more pre-potent need. Man is a perpetually wanting animal’ (Maslow,1943). He also added that no need or drive could be treated as if it were isolated or discrete and that every drive was related to the state of satisfaction or dissatisfaction of the other drives. Maslow presented his theory of motivation as a pyramid-like structure covering five levels of need; psychological, safety, love and belonging, esteem and – at the pinnacle - self-actualisation. The psychological needs are somatic (i.e. they relate to the body not the mind) and as such are not strictly motivated actions. Maslow defines the somatic drives as: air, food, water, sex and secretion. Once the somatic drives are met, motivated drives will follow. Significantly, Maslow was the first to expound the premise that learning can only commence once the psychological needs have been satisfied and that at least part of each stage of learning must be achieved before

Nursing Informatics Article Review Free Essays

Article Review Number Two NRSG 115 October, 31, 2012 Article Review Number Two This article briefly summarizes informatics providing definitions for confusing terminology and what it means for the nursing profession. Nursing informatics is described as the union of nursing science, computer science, and information science. As advances in technology continue, nursing informatics increasingly plays a larger role in patient care and nursing practice (Manal, Shaben, Allen, 2012). We will write a custom essay sample on Nursing Informatics Article Review or any similar topic only for you Order Now By encouraging proficiency in informatics, the authors believe that nurses can improve their knowledge base and confidence in their practice. This competency can lead to a higher quality of care and a safer work environment in the nursing profession (Manal et al. , 2012). Quote â€Å"However, choosing to ignore the technology does not address the challenges. On the contrary, nurses need to think about technology beyond skills mastery and critically examine how it impacts patient care and nursing practice† (Manal et al. , 2012, p. 14). You can read also Coronary Artery Disease Nursing Care Plan Paraphrase Nurses should view technology as another tool that is important for the profession and patient care (Manal et al. , 2012, p. 14). Evaluation All three authors are registered nurses. Kelib is a candidate for a PhD and holds two masters; one in business administration and the other in nursing. The remaining authors, Allen and Shaben, both hold masters in nursing. As nurses, they understand the increasingly complex world of technology that is changing the nursing profession, and why it is important for nurses to be competent in it. Two of the nurses provided their email addresses in the article for those interested in being a part of the Informatics Specialty Practice Group for Alberta nurses, which leads me to believe that they are very involved and obviously up-to-date in the world of nursing informatics. This article was published in spring of 2012. I believe it is one of the most current articles on the subject. It doesn’t dive into the specifics of informatics which is a constantly evolving field. Instead it focuses on the importance of understanding what informatics is and why it is important in nursing practice. Since it is such a quick and generalized overview, I believe it is as relevant as it was 6 months ago. This article was geared towards registered nurses, particularly those that work in Canada. I also believe that this article is applicable to anyone in the nursing profession. I do think that this information is relevant to me as a student. It is a very simple article that presents to the reader a brief description of informatics in language I understand. This information provides me insight into the importance and impact that the evolving world of technology has on nursing. The authors quote a professional opinion from one reference and cite references throughout the text to support their conclusions. The first section of the article defines health informatics and terminology related to literacy. All the definitions and facts are cited and referenced. The second half of the article provides an expert opinion as to why informatics is important to nursing. This article uses eight references. Four of the references were published within the past 6 years and the other half dates back from 1996-2003. I do consider this bibliography useful because this article is such a brief overview of informatics and I would like to learn more. I realize how important informatics is to nursing practice and the reference list provides great resources to expand my knowledge on the subject. This article was found on the CINAHL database provided by the Renne Library website. I went under advanced search options and narrowed the search by selecting the box, first author is a nurse, and limited the date of publication to no later than five years ago. I entered informatics into the find box. I think this is an expert opinion article because it is not peer reviewed. It does not include the required abstract, introduction, methods, results, and discussion section that research articles have. It does cite other research articles and papers related to informatics to provide evidence for their opinion. References Kleib, M. , Shaben, T. , Allen, D. (2012). Lost in translation. Alberta RN, 68(1), 12-14. Retrieved from How to cite Nursing Informatics Article Review, Papers

Company Law Business Employee and Shareholders

Question: Describe about the Company Law for Business Employee and Shareholders. Answer: Part 1 The shareholders of a company are other people who are affected by the actions of the company. In the event of winding up of the company, the main stakeholders of the company are its, directors, creditors, employees, owners (shareholders), unions, suppliers and the community through with the company gets its resources. At the time of winding up not all stakeholders are treated equally. The debenture holder and the creditors are paid first. After such payment is made, the assets are divided among the shareholders according to the types of their shares (Hanrahan, Ramsay and Stapledon 2013). After a company has been wound up, the stake holders of the company are have no claim against the company as it ceases to exist. The concept of corporate veil is a legal concept, which parts the identity of the corporation from that of its owners. This is done to protect the owners from being personally liable to the actions and debts of the company (Jackson 2015). The court can decided to pierce the corporate veil of a company if it finds that the owners with a fraudulent purpose to escape their legal obligations had formed the company. The two provisions for lifting the corporate veil are Fraud - The court can pierce the corporate veil of a company it is a fraud or sham. This means that the company has been formed by the fraudulent purpose, to evade an existing liability. Breach of legal obligations- when the directors of the company breach the regulations relating to the provisions of law, the court may pierce the corporate veil and held the directors directly liable for the acts of the company, as the company cannot act on its own 3. The company has two methods for going into a written contract. The company can go into a written contract by its own name and common seal. In this method, the contract is directly between the other party and the company. The company can also go into a written contract with other parties through appointing agents to act on behalf of the company. This kind of appointment by the company can be expressed or implied. The company is liable to the contracts, which its agent enters into with any third party (Hunter 2015). The company pays dividends to its shareholders when the company makes an excess profit. However, it is not compulsory for a company gaining excess profits to give dividends to the shareholders. The excess profit can also be reinvested according to the decisions of the board of directors this process is known as retained earnings. The company can also retain a fraction of the profit and distribute the rest among the shareholders as dividends. The amount can be paid to the shareholders through cash or bank or the company can allocate further shares to the shareholder (Drexler, Black and Sparks 2015). Part 2 Issue Whether Lyons have the right to retain the delivery van or not Rule: Section 20 of the PERSONAL PROPERTY SECURITIES ACT 2009, a security interest is enforceable on a third party if the property in context is attached to the security interest and the secured party has through the doctrine of perfection gained control over the property in question (Newton, Hegarty and Lawson 2013). Application: The bank had a written contract with was signed by the guarantor ( Able pty Ltd) . According to the contract, the guarantor was not allowed to create any charge with respect to the property without the written assent of the bank. He was only allowed to use the property, which were attached to the security interest in the course of business. The guarantor had violated the term of the contract and gave the property to the third party (lyons) as payment of his debts. The bank provided in the contract that if any such act were done than it would convert the circulating asset security to non-circulating. The defendant failed to pay the loan taken by the bank due to liquidity, as a result the security interest crystallized. If the provisions of Section 20 are applied in this case it can be concluded that the as the guarantor and the bank had a written contract towards security interest , and the guarantor violated the terms of the contract , the third party in this case as no right to the delivery van. The bank is entitled to get the van, as the guarantor did not have the legal title to pass the property as at already became a secured interest when the clause was broken (Whittaker 2013). CONCLUSION Lyons does not have the right to retain the delivery truck Answer 6. Issue Whether the directors were liable for breach of duty or not Rule The Corporate Act 2001 provides four basic duties of directors. The directors of the company have the duty to act with due care and diligence towards the affairs of the company, as reasonable man would have done in their position according to Section 180 (Warry and Guthrie 2013). The directors according to Section 181 of the act have the duty to act in good faith towards the best interest of the company The directors have the duty not to make improper use of their positions according to Section 182 of the act. The directors have the responsibility of not doing any improper use of information according to Section 183. A director of a company cannot be held liable for the breach of duty if his actions were based on other person advice that he believed on reasonable grounds, in good faith and after making proper inquiries (Keay 2014). Application In this case, the directors of the company have breached their duty of care and diligence by not stopping the exploring process in time and as a result have caused significant loose to the company and its shareholders. The directors did not have any strong basis to continue with the exploration process, which caused loss to the company and the shareholder. In their defense with respect to the breach of the duty under Section 180 of the act, the directors have to prove that. The decision was made in good faith They did not have any personal interest in the decision They had inquired and gained knowledge about the subject matter Believed that the decisions was for the benefit of the company rationally In this case, Andrew and Eddie can take the defense of reliance on others as they relied upon the judgment of Red and Geena who were the chief executive directors and officers of the company. Part c According to Section 344(1) of the CORPORATIONS ACT 2001, a director of a registered scheme, disclosing entity or a company breaches the provisions of this Section if reasonable steps are not taken by them with respect to compliance of Part 2M.2, 2M.3 or the sections 324 DAA,DAB and DAC (Bruce 2013). The breach of this Section attracts a civil penalty under Section 1317E. The part 2M.3 of the CORPORATIONS ACT 2001 deals with financial reporting. Section 295A deals with the content related to the financial report. Section 296 provides the rules for complying with accounting regulations and standards. Section 297 provides for stating the true and fair value. Section 298 provides with the provisions with respect to the annual report of the director. According to Section 601 FD, an officer of the company has the duty to act in good faith with care and diligence towards the affairs of the company (Knepper et al. 2015). The directors have in this case breach their duty of care and diligence towards the company by , by reporting incorrect financial statements. The officers of the company along with the external auditors have failed to identify the mistake having reviewed the report previously. If the provisions of section 180 of the act are applied, in this case that it could be concluded that the directors should apply their own reasonable knowledge with respect to the affairs of the company. Moreover, if the directors are relying on any other source, they must properly investigate about the matter themselves before making a decision. Thus, in this case the directors have failed to act responsibly towards the company. In this case ASIC can seek a disqualification order against the directors as the contravention of section 344 attracts a civil penalty under section 1317 E of the act. After the declaration of the court towards the breach of duty by the directors is made, the ASIC can seek for disqualifications of the directors under section 206C of the act. The board in this case failed in their responsibility towards dealing in content related towards to the annual report under section 295 A of the act. The board failed to comply with accounting regulations and standards under section 296. The board failed to provide true and fair value in the annual report under section 297 of the act. The directors have also made a breach of the section 298 of the act by not complying with sections 299, 300, 300A and 307 relating to the information required in the directors annual reports (Keay 2014). The PwC should not be implicated in this case, as it is not the director of the company. a spate case can be filed against the PwC by the company for not complying with its duties. References Bruce, M., 2013.Rights and duties of directors. Bloomsbury Publishing. Drexler, D.A., Black Jr, L.S. and Sparks III, A.G., 2015.Dividends(Vol. 1). Delaware Corporation Law and Practice. Hannigan, B., 2015.Company law. Oxford University Press, USA. Hanrahan, P.F., Ramsay, I. and Stapledon, G.P., 2013. Commercial applications of company law.COMMERCIAL APPLICATIONS OF COMPANY LAW, CCH Australia Ltd,. Hunter, H., 2015. Modern Law of Contracts. Jackson, K., 2015. Behind the Corporate Veil.ReVista (Cambridge),15(1), p.50. Keay, A.R., 2014.Directors' duties. Kershaw, D., 2012.Company law in context: Text and materials. Oxford University Press. Knepper, W.E., Bailey, D.A., Bowman, K.B., Eblin, R.L. and Lane, R.S., 2015.Duty of Loyalty(Vol. 1). Liability of Corporate Officers and Directors. Newton, N., Hegarty, P. and Lawson, R., 2013. Getting your priorities right [The Personal Property Securities Act 2009.].Law Society Journal: the official journal of the Law Society of New South Wales,51(7), p.46. Warry, B. and Guthrie, G., 2013. Directors' liability and the environment-business as usual?.Keeping Good Companies,65(2), p.100. Whittaker, B., 2013.Retention of Title Clauses Under the Personal Property Securities Act 2009.