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Auditing Research

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Auditing Research
David Jones

David Jones Limited operates in retailing industry selling variety of commodities to consumers. The financial year 2011 was the first year that David Jones had consolidated its non-financial disclosure with respect to corporate social responsibility (CSR) into one report. David Jones had made great effort to provide its employees a working environment in which all the staff are supported, recognized, rewarded and given opportunity to reach their full potential. It developed different programs to ensure a healthy and positive working environment, ran training and learning sessions for employees’ self-improvement and implemented various initiatives to encourage communication between staff and top management. As a part of its organizational vision, David Jones is committed to making a significant contribution to Australian society mainly through support of its philanthropic partners especially women and children’s health. In 2011, it disclosed the donation totaled $1.15 million to different social charities. Under the environmental legislation, David Jones disclosed total energy consumption and emissions data to the Federal Government, updated to the National Packaging Covenant (NPC) for the strength of its qualitative and quantitative analysis, carried out a two-year action plan to the new Australian Packaging Covenant (APC) and made its first submission to the Carbon Disclosure Project (CDP) of carbon emissions. However, the CSR disclosures of David Jones are not assured as no independent assurance provider engaged in the assurance (David Jones, 2011).

JB Hi-Fi Limited

JB Hi-Fi Limited also operates in retailing industry mainly selling electronic products to consumers. The environmental sustainability is a major concern for JB Hi-Fi when undertaking its corporate social responsibility. The company is committed to several voluntary initiatives to ensure the business operation would bring minimal impacts on the



Bibliography: Assiouras, I., Siomkos, G., Skourtis, G., & Koniordos, M. (2011). Consumer perceptions of corporate social responsibility in the Greek mobile telecommunication industry. Internal Journal of Management Cases, 210-216. Beneke, J., Wannke, N., Pelteret, E., Tladi, T., & Gordon, D. (2012, March). Dont 's bank on it: Delineating the relationship between corporate social responsibility and retail banking affinity. South African Journal of Business Management, pp. 45-54. Blackmores Limited. (2011). 2011 Annual Report. Retrieved from http://www.blackmores.com.au/about-blackmores/investors-centre/annual-reports Campbell, A., & Minguez Vera, A Country Road Limited. (2011). Social Responsibility. Retrieved 25 April, 2011, from http://www.countryroad.com.au/Information/12898#page=/Information/12898 David Jones Dobbs, S., & Van Staden, C. (n.d.). Motivations for Corporate Social and Environmental Reporting: New Zealand Evidence. Retrieved 25 April, 2012, from http://www.utas.edu.au/__data/assets/pdf_file/0011/188426/Dobbs_VanStaden.pdf Fernandez-Feijoo, B., Romero, S., & Ruiz, S. (2012). Does Board Gender Composition affect Corporate Social Responsibility Reporting? International Journal of Business and Social Science, 31-38. Holder-Webb, L., Cohen, J., Nath, L., & Wood, D. (2008). The supply of corporate social responsibility disclosures among U.S. firms. Journal of Business Ethics, 497-527. Incisive Media (2007). The Booming Corporate Social Responsibility Reporting Has Opened Up An Exciting Career Path In Assurance. Retrieved 26 April, 2012, from http://www.accountancyage.com/aa/feature/1753360/csr-assurance-growth-industry JB Hi-Fi Limited. (2011). 2011 Annual Report. Retrieved from http://www.jbhifi.com.au/documents/reports/110_2011-09-09_4-04-34.pdf Kolk, A., & Perego, P KPMG. (2008). Retrieved 26 April, 2012, from http://www.kpmg.com/Global/en/IssuesAndInsights/ArticlesPublications/Documents/International-corporate-responsibility-survey-2008.pdf Metcash Limited Moir, L. (2001). What do we mean by Corporate Social Responsibility? Corporate Governance: The International Journal of Effective Board Performance, 16-22. Moroney, R., Campbell, F., & Hamilton, J. (2011). Auditing A Practical Approach. Milton: John Wiley & Sons Australia, Ltd. Myer Holdings Limited. (2011). 2011 Annual Report. Retrieved from http://media.corporate-ir.net/media_files/IROL/23/231681/Myer_Holdings_Limited_2011_Annual_Report_to_Shareholders.pdf Pacific Brands Romero, S., Ruiz, S., & Fernandez-Feijoo, B. (2010). Assurance Statement for Sustainability Reports: the Case of Spain. Proceedings of the Northeast Business & Economics Association, 105-112. Simnett, R., Vanstraelen, A., & Chua, W. (2009). Assurance on Sustainability Reports: An International Comparison. The Accounting Review, 937-967. Super Retail Group Limited. (2011). 2011 Annual Report. Retrieved from http://www.superretailgroup.com.au/media/19544/annual-report-2011.pdf Wesfarmers Woolworths Limited. (2011). 2011 Annual Report. Retrieved from http://media.corporate-ir.net/media_files/IROL/14/144044/WWL0002_AR2011_WEB.pdf Yelkikalan, N., & Kose, C

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