Select an Australian publicly- listed company and locate their latest annual report (eg Commonwealth Bank, NAB, BHP  etc). Review  the Corporate Governance section of the annual report ; then  answer the following questions:

1. Identify the company's corporate governance principles and practices.

2. What are the functions reserved to the board and to senior management in relation to Principle 1* (Lay solid foundations for management and oversight.)

3. What is the process of monitoring the performance of senior executives?

4. What is the structure of the board?

5. Does the company have any codes of conduct which guide business practices and decision making?

6. Outline the company's policy concerning trading in its securities by directors, senior executives and employees.

7. What committees are in place to support the corporate governance principles? Give a brief overview of the role of each committee.(eg audit committee, remuneration committee)

8. How does the company promote timely and balanced disclosure of information to ensure compliance with the ASX Listing Rules?

9. How does the company communicate with its shareholders?

10. Outline the company's policies on risk management.

11. Locate the Director's Declaration in the annual report. What information is contained in this report?

12. Locate the Auditor's Independence Declaration and explain how it supports good corporate governance.

13. Locate the Remuneration Report and briefly describe its contents.