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Greater ethical conduct needed by auditors and top management
KUALA LUMPUR: There is a dire need for greater ethical and professional conduct by auditors and those in top management if we are to achieve financial reporting excellence, according to MIA president Christine Foo.
U.S. court to decide corporate reform law, gun case
WASHINGTON (Reuters) - The Supreme Court could strike down a key part of a 2002 corporate reform law and extend gun rights in the United States on Monday when the justices issue their final rulings of the term.
In search of closure
The CEO's exit is an early step. What else needs to be done at Sime Darby?
Lessons from the collapse of Lehman Brothers
THE release of the 2,200-page Anton Valukas report dated March 12 wasn't just an autopsy of Lehman Brothers - it unveiled a financial engineering exercise that was legally permissible, but ethically bankrupt.
SC names Nik Hasyudeen as AOB exec chairman
PETALING JAYA: The Securities Commission (SC) yesterday named the executive chairman and six non-executive members of the Audit Oversight Board (AOB), whose appointments are effective immediately.
Big audit jobs, small firms
Errol Oh warns of surprises when the Audit Oversight Board starts operations.
SC to boost governance issues
KUALA LUMPUR: The Securities Commission (SC) will be looking at strengthening governance issues and investor protection in 2010, especially when it comes to the composition of board members and in ensuring takeovers are regulated in a consistent manner.
New governance structure for auditors
KUALA LUMPUR: The Audit Oversight Board (AOB), to be formed around mid-year, is expected to create a new governance structure that will underscore auditors' responsibilities in financial statement reporting, said Securities Commission (SC) executive director Goh Ching Yin.
Survey: Corporate fraud in M'sia expected to increase
KUALA LUMPUR: The number of fraud cases among corporate companies in Malaysia is expected to increase due to the current financial crisis, according to the KPMG Fraud Survey Report 2009.
