tag:blogger.com,1999:blog-6833372664905554734.post7596262212216509181..comments2024-03-23T03:41:27.086+08:00Comments on Corporate Governance in Malaysia: Multi Sports: new independent directorsM.A. Windhttp://www.blogger.com/profile/16833927103193297126noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6833372664905554734.post-44102354909423285782016-10-07T12:54:24.509+08:002016-10-07T12:54:24.509+08:00Good luck to new directors Good luck to new directors ronniehttps://www.blogger.com/profile/02874940085203831073noreply@blogger.comtag:blogger.com,1999:blog-6833372664905554734.post-61823872150558792022016-10-07T11:22:27.534+08:002016-10-07T11:22:27.534+08:00That is the problem of account and those who prepa...That is the problem of account and those who prepared and signed.It is like hiding many mine field.Unlike engineering 1+1=2 ...In account you may have 3( plus good will,cut off date,receivable but how secure it able to receive???) or equal 1.5 (write off, defer entry etc).<br />Engineer sign drawing liable for 10-20 years and need purchase Professional Indemnity insurance in case legal suit..<br />But Director producing figures and those prepared & signed off ,the onus is for the readers to believe and his skill to spot any suspicion figure...Then also certain detail document the management not obligated to give so they can lump many figures together or qualify with many jargon small notes....so much of good governance & transparency!!! <br />And some time those responsible get fine only but pay by company fund !!<br />No wonder the market trading speak for itself..<br />Short of share holders activism, stern enforcement,prompt & alert watch dog,the evils flourish...blhttps://www.blogger.com/profile/01756840144008173104noreply@blogger.com