Internal Control Procedures

Task 2: Review of internal control procedures (15 Marks) Resources required for this assessment Research materials such as Internet, books, magazines, other resources as provided by your assessor etc. Access to a computer and the Internet Instructions For this assessment task you are required to research an Australian company and review their nternal control and governance systems. You can select any Australian Securities Exchange (ASX) listed Australian company. You can access the information for review through the organisation's annual reports, website and any other published materials. An example can be found at ANZ Bank website: http://www.anz.com/about-us/our- company/corporate-governance/ As part of your review you are required to select an appropriate company for research and review and submit a report that addresses the following: A summary of the company you have selected including the type of business, industry and background A summary of ASX Corporate Governance Council's Corporate Governance Principles and Recommendations and how the company has applied these principles and recommendations Explain the key features of the company's governance and control system Identify relevant legislative and/or regulatory requirements relevant to internal controls, governance and reporting Explain why internal control and governance procedures are important for the company's specific business or industry sector. Ensure that you cite all the external sources used. The report must be written in your own language and style ensuring that you use appropriate formats and include any relevant charts, graphs, diagrams etc. required. The assessor should act as a supervisor to the learner in completing and verbally authorise the above task. Learner verified the requested verbal authorisation from the assessor? Yes No