1By student name ProfessorDate: May 2 , 2017.1 | P a ge
2Executive AssessmentThe company chosen for the specific purpose of this assignment is Wesfarmers. The given assignmentbasically focuses on matters of compliance. We have discussed the extent to which the company hasbeen able to comply with the requirements of the ASX corporate governance principles. It alsoemphasizes on the procedures adopted by the entity to assess the potential risks that has a bearing onthe financial statements and ultimately in the sustainability, profitability and the growth of the business.The assessment of risk is one of the most important area of concern for any organisation as it brings intolight the problem areas of the business, areas from where there is a possibility of threat or thepossibility of the treaty materializing into loss of resources. For the purpose of risk assessment a numberof steps needs to be performed, in a particular sequence. This will enhance the internal controls of thecompany and will also lower down the occurrence of errors, frauds or mistakes. Thereby the overallproductivity and profits of the business would boost up.2 | P a ge
3ContentsIntroduction......................................................................................................3Analysis.................................................................................................................................3References...................................................................................................................................73 | P a ge
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