Capstone in Accounting

Running head : CAPSTONE IN ACCOUNTING
Capstone in accounting
Name of the student
Name of the university
Author’s note

CAPSTONE IN ACCOUNTING
1
Table of Contents
Introduction:...............................................................................................................................2
Discussion:.................................................................................................................................2
Conclusion:................................................................................................................................4
References:.................................................................................................................................5

CAPSTONE IN ACCOUNTING
2
Introduction:
The study discusses about the annual reports of three companies at New Zealand
namely Westpac Banking Corporation, The A2 Milk Company Limited and Auckland
International Airport limited. The study also discusses about the FMA government and how
the same could be implemented within the three companies.
Discussion:
The FMA governance principles deals with the board of directors, corporate social
responsibility, risk management, disclosure and transparency, Corporate Culture, legal and
statutory requirement , Ethical Standard and values, performance management and controls.
A2 Milk Company
The a2 Milk Company Limited is listed in the ASX which is commercializes
intellectual property connecting to A1 protein-free milk which is sold below the a2 and a2
MILK brands, as well as the milk associated products like infant method. The head quarter of
the company is in Australia and New Zealand and mainly the production of the company is
sold in these two country (Armstrong et al. 2015).
Risk Management of a2 milk includes the vigorous risk governance framework
managed by the Board and is further maintained by the committee of the asset and risk
management. Effective management team with related expertise in local markets, clearly
expressed levels of authority and agreement processes. A strong risk management of the
company deals with the risk, certain strategies are needed to manage risk. This further
enables the business to further capitalize on opportunities which attracts the interest of the
potential shareholders in the market (Crowther and Seifi 2018).