Discuss the role played by external audits in helping companies like Next Plc to achieve their strategic objectives. Support your argument with some examples from the 2021 annual report.

Auditing report using “Next plc” 2021 annual report – AUDITING unit covering “Corporate Governance” and role of auditors linking examples to Next Plc report

Part A (50%)

Using the 2021 annual report, analyse NEXT Plc’s overall corporate governance principles and discuss whether or not they are compliant with the UK Corporate Governance Code 2018. Your discussions should be along the lines of the five parts to UK Corporate Governance Code.

Part B (30%)

“Our purpose is to offer beautifully designed, excellent quality clothing and homeware which are

Responsibly sourced and accessibly priced, and in doing so build shareholder value through long

Term, sustainable growth in Earnings Per Share (EPS)” (Next Plc, 2021).

Discuss the role played by external audits in helping companies like Next Plc to achieve their strategic objectives. Support your argument with some examples from the 2021 annual report.

Introduction, Conclusion, Structure and Harvard Referencing (20%)

The report should be well structured (maximum 1,500 words +/- 10%).