1. Analyze how various transactions will affect the accounting equation, the balance sheet, and the
income statement and communicate this to a range of stakeholders;
2. Apply, analyze, synthesize and evaluate information from multiple sources to make decisions
about the financial performance of entities including assets, liabilities, owner’s equity, revenue
and expenses;
3. Employ information technologies to analyze transaction data and financial statement to facilitate
data-driven decision-making;
4. Assess the impact of taxation and other liabilities, relevant legislation and industry codes of
practice on business and define management strategies.
The use of armed guards on board merchant ships does not take place in a legal vacuum. The matter is subject to a scattering of international rules and a meshwork of domestic legal orders, which apply cumulatively and/or consecutively, mainly dependent on the actual locus of the ship. Yet the domestic laws of the flag, coastal or port States or of the State of incorporation of the PMSC often do not contain specific rules on the use of PMSCs.’ Petrig (2013) Critically discuss
July 12, 2016
8:07 am
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