
Singapore Corporate Governance
This targets all who are keen in a breakdown of Singapore's Code of Corporate Governance and welcomes all with an interest in governance!
It is especially to assist candidates in preparing for the Singapore Chartered Accountant exams, with the module of Business Value, Risk and Governance.
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https://courses.learningluminaries.com/courses/sca-business-valuation-governance
Singapore Corporate Governance
EP49: Provision 10.1b Duties of AC
The is the second part of Provision 10.1, which continues
“The duties of the AC include:
(a) making recommendations to the Board on: (i) the proposals to the shareholders on the appointment and removal of external auditors; and (ii) the remuneration and terms of engagement of the external auditors;
(b) reviewing the adequacy, effectiveness, independence, scope and results of the external audit and the company’s internal audit function; and
(c) reviewing the policy and arrangements for concerns about possible improprieties in financial reporting or other matters to be safely raised, independently investigated and appropriately followed up on. The company publicly discloses, and clearly communicates to employees, the existence of a whistle-blowing policy and procedures for raising such concerns."
Show Notes
1) Download the Singapore Code of Corporate Governance below
https://www.mas.gov.sg/-/media/mas/news-and-publications/code-of-corporate-governance-6-aug-2018-revised-11-jan-2023.pdf
2) Join the preparatory course for the SCA exams
https://courses.learningluminaries.com/courses/sca-business-valuation-governance