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Showing 211 - 220 of 227 results for "audit"

KPMG: companies should review anti-corruption policies

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 JAN 2012  |  NEWS
... bribe, what are the immediate steps to take from there? What happens if the media is involved, what do we tell the board or audit committee? Knowing what the response is and what planning has been done enables a quick response." There is significant ...

Superannuation to heed call for greater disclosure

RACHEL ALEMBAKIS  |  FRIDAY, 13 JAN 2012  |  NEWS
... disclose in the [product disclosure statement] PDS and reflect the level of risk disclosed in the PDS. That's a compliance-cum-audit function. There are two ways to achieve that. Either you get the whole world to verify that by showing a complete list ...

Elders seeking new markets for live cattle export

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 DEC 2011  |  NEWS
Elders has sought out new customers for its long-haul live export cattle trading division while noting ongoing uncertainty around Indonesian live cattle exports. Elders reported a consolidated loss after tax of AU$395.3m for the 2010/2011 fiscal year ...

CSL reports new anti-corruption policy, lower emissions

RACHEL ALEMBAKIS  |  FRIDAY, 16 DEC 2011  |  NEWS
Biopharmaceutical company CSL adopted a new anti-bribery and anti-corruption policy, lowered lost time injury frequency rates (LTIFR) by 30% and lowered energy consumption, greenhouse gas and waste intensity per unit of vaccine and plasma production ...

Woolworths' employment, supply chain policies in 2011 report

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 NOV 2011  |  NEWS
... report. Woolworths explained that suppliers are expected to comply with the policy, which is verified through a compliance audit program, which principally covers suppliers of Woolworths' own brand line. The majority of the company's sustainable retailing ...

Pacific Hydro reduces carbon footprint 37%

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 NOV 2011  |  NEWS
... air travel." The company will continue to work to reduce its carbon footprint and will develop a corporate environmental audit program, according to the report. In terms of health and safety, the company reported a 7.2 lost time injury frequency rate ...

Westpac reports sustainability progress, net profit

RACHEL ALEMBAKIS  |  FRIDAY, 18 NOV 2011  |  NEWS
... increase the percentage of women in leadership roles to 40% by 2014 and implement the next stage to address its 2010 diversity audit, including implementing an accessibility action plan, Indigenous recruitment and a mature age employee strategy. The ...

Commonwealth Bank reports lower customer satisfaction

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 NOV 2011  |  NEWS
... (OHS) Strategy," according to the report. "We also had no non-conformances in the annual external OHS Management System audit against the National Audit Tool in September 2010. The audit was conducted across Business Units in Sydney, regional New South ...

Miscommunication hampers institutional vote engagement

RACHEL ALEMBAKIS  |  FRIDAY, 14 OCT 2011  |  NEWS
... from the custodian to the registry company is by fax and not electronic lodgement and that there is currently no effective audit trail for institutional share voting in Australia. "Registries are changing, but they are changing reasonably slowly and ...

Apparel industry exposed to social risk in supply chain

RACHEL ALEMBAKIS  |  FRIDAY, 23 SEP 2011  |  NEWS
Eds note: article has been revised to include comment from Ian Woods of AMP Capital. The Australian apparel and retailers industry is exposed to social risks through their supply chain, both in South East Asia and at home, and companies and their investors ...