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Sub- Accounting systems and processesCompany-Karoon energy Asx code- kARTopic- Cf reporting entityI need i need 9 slides about the company and 9 slides about the topicRequirement:The slides should not...

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Sub- Accounting systems and processesCompany-Karoon energy Asx code- kARTopic- Cf reporting entityI need i need 9 slides about the company and 9 slides about the topicRequirement:The slides should not contain any figures, charts, or tables.
Answered Same Day Nov 01, 2021

Solution

Charanjeet answered on Nov 02 2021
139 Votes
Overview of KAROON ENERGY LIMITED AND CONCEPTUAL FRAMEWORK OF REPORTING ENTITY
OVERVIEW OF KAROON ENERGY LIMITED AND CONCEPTUAL FRAMEWORK OF REPORTING ENTITY
Presented to:
Presented by:
Introduction
Karoon Energy Ltd is headquartered in Melbourne, Australia.
The company is a leading oil and gas exploration company around the world with segments in Australia , Brazil and Peru.
It was listed on ASE on 8th June, 2004 with former name as Karoon Gas Australia Ltd.
On 4th Dec, 2018, its name changed to Karoon Energy Limited.
Different Locations
Australia: The company has 3 permits in Australia. 2 permits are in Browse & Carnavon Basins and one in Ceduna Basin.
Brazil: The working at Brazil is in 6 offshore blocks in Santos Basin.
Peru: In Peru, work Is done at an offshore block in Tumbes Basin.
Management of Company
The board composed of total eight directors from which majority i.e. 5 directors are independent non executive directors including chairman and one non executive director and two executive directors. Its members are as follows:
Mr. Bruce J. Philips appointed as chairman and non executive director on 1st Jan, 2019
Mr. Robert M. Hosking, the founder appointed as MD on 11th Nov, 2003.
Management of Company
Mr. Mark A. Smith appointed on 20 Nov, 2003 as executive and exploration director.
Mr. Jose Coutinho Ba
osa is non executive director.
Mr. Scott Hosking is Company Secretary and CFO.
Independent Non Executive directors:
Mr. Clark Davey
Ms Luciana Bastos De Freitas Rachid
Mr. Geoff Atkins
Mr. Peter Turnbull
Board Committees
Audit Committee: This committee overviews that internal controls are in place and accounting system compliance with rules and regulations. Mr. Clark Davey is the chairman and Mr. Geoff and Mr. Peter are members
Nomination committee: The main duty of this committee is to evaluate the skills required for discharging the management duties and nominate the suitable candidates. Mr. Geoff is the chairman with other 4...
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