Travel Australia Pty Ltd is a company that provides elite travel experiences in Australia. Top 4wd Pty Ltd has three directors: John, Chris and Michelle. John has been appointed the managing director. Michelle is appointed as an independent nonexecutive director. Chris is a qualied chartered accountant, and the board refers to him for his accountancy skills. The company maintained a good prot for the first three years of operation but has recently experienced an increase in cost, causing some financial strains on the company.