Emerged national and international issue

Corporate governance has emerged as a national and international issue (Cadbury 2002, Kiel and Nicholson 2003b) that has resulted in increasing attention being paid to issues such as the effectiveness of reporting disclosure, roles of the board, internal controls, audit committees and the independence of directors and auditors.

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Essay plan

This essay will examine the responsibility of internal auditors in the current economic condition. Generally, in companies, internal auditors provide assurance to management to ensure that company is running well.

Evaluating financial performance

This paper focuses on evaluating financial performance of Bellway PLC using financial statements of recent five years, comparing to its proper competitor, Barratt Developments PLC, which both belong to the property industry.