October 15, 2007

In a Time of Change at Coles Group Limited, a Renewed Focus on Risk

By Nancy Hala, KnowledgeLeader contributing writer

Coles Group Limited specialises in retail grocery, liquor and fuel products. Coles operates stores in Australia and New Zealand and maintains a presence in well-known retail outlets such as Kmart, Target and Officeworks. In this profile, Fiona Bennett, the group general manager of Assurance Services, describes the impact deregistering will have on the company’s internal control environment. With this process, Bennett admits that the company faces a challenge to make sure the organisation is committed to implementing a sustainable control monitoring framework.