The purpose of the report is to analyze the key stakeholder analysis as well as the auditing system in relation to the Australian and New Zealand bank. The report has also analyzed the importance of whistle blowing in relation to the case of Enron which was diagnosed with a corrupt practice. The report has analyzed in details the need for good auditing system as well as making assurance which can make the organization better for the investors. So, it can be said that the need for auditing and assurance to the stakeholders is of utmost importance to eradicate the malpractices that are there within the organization.