Rationale for video presentation As accountants financial advisers you will spend the majority of your time explaining issues to people The purpose of the video is to give you the opportunity in a safe environment to develop that skill In presenting to clients or your employer you DO NOT read from a script You are expected to know the topic and the issues raised and be able to talk about them confidently You are expected to maintain eye contact with Humphrey The questions that you will be required to answer may take more than 15 minutes to respond so you will need to develop the skill to summarise Background to video presentation Humphrey Singh is the senior partner managing director of the firm He is partner managing director responsible for the provision of advice and services to the client BMW Ltd They are a valued client of the firm He is currently in Western Australia on business and will not be back until Monday 8 May 2023 He has read the report prepared by you and reviewed by Serena ISSUES THAT HUMPHREY WANTS YOU TO ADDRESS AND PRESENT IN THE VIDEO Given the financial markets are in turmoil and the share price of BMW has fallen dramatically from $2 05 to 20c per share is it likely that the public will take up a share issue Is a preference share issue a better option The company received a letter from a solicitor 5 days ago stating that a consumer suffered a severe and fatal reaction to one of the products on the basis the product contained toxins and not natural products as claimed Who is liable, the company or the senior management The recent case of Cassimatis v ASIC 2020 FCAFC 52 involved the application of s180 of the Corporations Act by the Full Federal Court Can you explain why the court came to the view the directors breached s180 of the Corporations Act Does it apply to the directors of BMW KM has a financial planning division which has many high net worth clients each with funds in excess of $3,000,000 Would it be easier for BMW to ask these clients to invest than asking the public What does the company have to do please answer these questions from Humphrey

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Rationale for video presentation: As accountants/financial advisers you will spend the majority of your time explaining issues to people. The purpose of the video is

Rationale for video presentation:

As accountants/financial advisers you will spend the majority of your time explaining issues to people. The purpose of the video is to give you the opportunity in a safe environment to develop that skill.

In presenting to clients or your employer you DO NOT read from a script. You are expected to know the topic and the issues raised and be able to talk about them confidently. You are expected to maintain eye contact with Humphrey.

The questions that you will be required to answer may take more than 15 minutes to respond so you will need to develop the skill to summarise.

Background to video presentation:

Humphrey Singh is the senior partner/managing director of the firm. He is partner/managing director responsible for the provision of advice and services to the client BMW Ltd. They are a valued client of the firm.

He is currently in Western Australia on business and will not be back until Monday 8 May 2023.

He has read the report prepared by you and reviewed by Serena.

ISSUES THAT HUMPHREY WANTS YOU TO ADDRESS AND PRESENT IN THE VIDEO:

Given the financial markets are in turmoil and the share price of BMW has fallen dramatically from $2.05 to .20c per share is it likely that the public will take up a share issue?

Is a preference share issue a better option?

The company received a letter from a solicitor 5 days ago stating that a consumer suffered a severe and fatal reaction to one of the products on the basis the product contained toxins and not natural products as claimed. Who is liable, the company or the senior management?

The recent case of Cassimatis v ASIC [2020] FCAFC 52 involved the application of s180 of the Corporations Act by the Full Federal Court. Can you explain why the court came to the view the directors breached s180 of the Corporations Act. Does it apply to the directors of BMW?

KM has a financial planning division which has many high-net-worth clients each with funds in excess of $3,000,000. Would it be easier for BMW to ask these clients to invest than asking the public? What does the company have to do?

please answer these questions from Humphrey.