It was "pointed out by the auditor that it was the responsibility of the board of directors to ensure the accounts provided a  and fair view, that the company had internal controls necessary to enable the preparation of such accounts, and were free of material misstatements".

Explain what processes the board of directors could have implemented to help ensure that accounts are true and fair with reference to the ASX Principles of Corporate Governance.

Answer rating: 100% (QA)

To ensure that accounts are true and fair the board of directors can implement various processes in line with the ASX Principles of Corporate Governan... View the full answer