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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Singapore Corporate Governance
EP50: Provision 10.2 AC Composition
Provision 10.2, discusses AC composition by saying
“The AC comprises at least three directors, all of whom are non-executive and the majority of whom, including the AC Chairman, are independent. At least two members, including the AC Chairman, have recent and relevant accounting or related financial management expertise or experience.”
Often, people are confused and think that all on the AC have to be Chartered Accountants. Can it be possible that none of them are so?
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