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FIMA CORPORATION BERHAD
(21185-P) |
Annual Report
2016
All training programmes attended by Directors are recorded and maintained by the Company Secretary.
5.
UPHOLD INTEGRITY IN FINANCIAL REPORTING
5.1 Compliance with applicable Financial Reporting Standards
For financial reporting through quarterly reports to Bursa Malaysia Securities Berhad and the Annual
Report to shareholders, the Directors have a responsibility to ensure the accuracy of the statements of
comprehensive income, the statements of financial position, the statement of cash flow and all other
financial disclosures based on the provisions of the Companies Act, 1965 and applicable approved
accountings standards in Malaysia. The Audit Committee assists the Board to oversee the Group’s
financial reporting processes and the quality of its financial reporting. The Statement of Responsibility
by Directors in respect of preparation of the annual financial statements is presented herein.
5.2 Assessment of Suitability and Independence of External Auditors
The Group’s independent external auditors fill an essential role for the shareholders by enhancing the
reliability of the Group’s financial statements and giving assurance of that reliability to users of these
financial statements. The external auditors have an obligation to bring any significant defects in the
Group’s system of control and compliance to the attention of Management, the Audit Committee and
the Board. This includes the communication of fraud.
During the financial year under review the Audit held two (2) meetings with the external auditors without
the presence of any executive members of the Board or senior management.
STATEMENT OF
CORPORATE GOVERNANCE
(contd.)
Training attended
1.
Board Chairman Series: “Leadership Excellence from the
Chair” by Bursa Malaysia.
2.
Malaysia’ Changing Business Landscape by Boardroom
– MIRA.
3.
Corporate Governance Breakfast Series: Thought
Leadership session for Directors “Improving Board Risk
Oversight Effectiveness” by Bursa Malaysia.
4.
Ring the Bell for Gender Equality by Bursa Malaysia.
5.
BNM Governor’s Address on the Malaysian Economy &
Panel Discussion.
6.
Audit Committee Conference 2016 by Malaysian Institute
of Accountants.
1.
Board Chairman Series: “Leadership Excellence from the
Chair” by Bursa Malaysia.
2.
Enterprise Risk Management by ColumbusAdvisory.
1.
Post & Parcel Services Asia Pacific – Driving Global
Collaboration for the Asia Pacific Post & Parcel Sector by
Marketforce Business Media Ltd, UK.
2.
Corporate Governance Breakfast Series: Thought
Leadership session for Directors “Improving Board Risk
Oversight Effectiveness” by Bursa Malaysia.
Date
03/09/2015
27/10/2015
26/02/2016
11/03/2016
24/03/2016
29/03/2016
03/09/2015
14/09/2015
18 - 19/11/2015
26/02/2016
Director
Rezal Zain bin
Abdul Rashid
Datuk Alias
bin Ali
Dr. Roshayati
binti Basir