Corporate Governance and Audit Procedures in Woolworth
VerifiedAI Summary
The report analyses the requirement of proper governance principles in a business environment and how the same helps the business in proper implementation of internal control process. The report also states the eight-corporate governance principles which are set out by ASX council for ensuring better governance standard in a business. The organization that is based for the assessment is Woolworth which is involved in retail business and the same is considered to be one of the leading businesses in effective implementation of the Corporate governance principles in a business.