Remunerate fairly and responsibly 8 Assessment of Risk 8 Nature of the company 8 Overview of the market 9 Telstra’s business strategy 9 Ratio calculations 9 Relevant Audit risk 11 Methods to reduce the risk 12 Conclusion 12 References 13 Executive summary This report gives a brief summary of Australia’s leading telecommunication company; Telstra Corporation Limited. Telstra, being listed on ASX is also required to comply with the CGC principles and due to following implications are been there: Company has to clearly reflect the duties and