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BAC 4201 PROFESSIONAL ACCOUNTANT

MOHD HANIFF ZAINULDIN

Governance an

Re!"on!#$#%#&'( R#!)! an &r#!)! +ana,e+en& "roce!

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R#!)!

•De-n#&#on( r#!)! are &*e o""or&.n#&#e! an aa!!oc#a&e /#&* .ncer&a#n .&.re even&!

• R#!)! can *ave an aver!e o/n!#e e"o!avo.ra$%e #+"ac& ."!#e "o&en&#a%3 on &*eor,an#a&#on5! o$6ec&#ve!

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7*' #nc.r r#!)!8

•

 To ,enera&e *#,*er re&.rn! a $.!#ne!! +a' *ave &+ore r#!) #n orer &o $e co+"e&#&#ve9

• Conver!e%': no& acce"&#n, r#!) &en! &o +a)e a $.%e!! 'na+#c: an #+"%#e! a ;o%%o/ &*e %eaer5 !&ra

• Inc.rr#n, r#!) a%!o #+"%#e! &*a& &*e re&.rn! ro+ #ac&#v#&#e! /#%% $e *#,*er = ;$ene-&5 $e#n, &*e re&.rn

acce"&#n, r#!)9• Bene-&! can $e -nanc#a% = ecrea!e co!&!: or #n&

$e&&er >.a%#&' #nor+a&#on9

• In $o&* ca!e!: &*e!e /#%% %ea &o &*e $.!#ne!! $e#n,a#n co+"e&#&#ve avan&a,e9

•

 T*#! #! !o+e&#+e! reerre &o a! ?en&re"rene.r#a%

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 T*rea&! &o a.#&or #ne"en

•

Se%@#n&ere!&( A.#&or co.% $ene-& ro+ -na#n&ere!&! #n c%#en&

• Avocac'( A.#&or "ro+o&e! an a.#&or c%#en"o!#&#on or o"#n#on

• In&#+#a&#on( A.#&or #! !.$6ec& &o #n&#+#a&#o

• Fa+#%#ar#&'( A.#&or $eco+e! &oo r#en%' /#&$' /or)#n, or c%#en& or a n.+$er o 'ear!

• Se%@rev#e/( A.#&or #n "o!#&#on o rev#e/#n, /&*e' *ave $een re!"on!#$%e or

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Eerc#!e• 7*#c* o &*e o%%o/#n, are #ne"enence #!!.e!8

• 13 7or)#n, a! an a.#& 6.n#or on &*e !&a&.&or' a.#& o a +a6o

• /*o+ 'o. *ave 'o.r +or&,a,e9• 23 Ta)#n, on a %ar,e ne/ c%#en& /*o!e ee! /#%% +a)e ." 0

• &o&a% reven.e9

• 3 Ta)#n, on a %ar,e ne/ c%#en& /*o!e ee! /#%% +a)e ." 10

• &o&a% reven.e9

• 43 7or)#n, a! an a.#& "ar&ner an acce"&#n, a ,o% Ro%e a!

• 3 Peror+#n, an #n&erna% a.#& rev#e/ o con&ro%! &*a& 'o. ".• #n 'o.r "rev#o.! ro%e9

• 3 7or)#n, a! an e&erna% a.#&or a& a co+"an' /*ere 'o. *a

• c%o!e "er!ona% re%a&#on!*#" /#&* a "er!on /*o *a! a 6.n#or ro%e

• +ar)e&#n, e"ar&+en&9

• 3 Ta)#n, on &*e a.#& or a co+"an' /#&* /*#c* 'o.r -r+ *a

• $een #nvo%ve #n a !*are #!!.e9

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Ro%e! #n r#!) +ana,e+en& an#n&erna% con&ro%

•

En!.r#n, ae>.ac' an e<ec&#vene!! o #n&erna% !'!&e+( BOD

• Se&&#n, #n&erna% con&ro% "o%#c#e! an +on#&or#n,e<ec&#vene!! o #n&erna% con&ro% !'!&e+( Sen#or e+ana,e+en&

• E!&a$%#!*#n, !"ec#-c #n&erna% con&ro% "o%#c#e! an"roce.re!( Hea! o $.!#ne!! .n#&!

• O"era&#n, an a*er#n, &o #n&erna% con&ro%( A%% e+

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Pro&ec&#on o #ne"enenc

•

 T*e #n&erna% a.#&or! !*o.% $e #ne"enen& oeec.&#ve +ana,e+en& an !*o.% no& *ave an#nvo%ve+en& #n &*e ac&#v#&#e! or !'!&e+! &*a& &*

• T*e *ea o #n&erna% a.#& !*o.% re"or& #rec&%'!en#or #rec&or or &*e a.#& co++#&&ee9 In a#&#*o/ever: &*e *ea o #n&erna% a.#& !*o.% *ave

acce!! &o &*e c*a#r+an o &*e $oar o #rec&or&*e a.#& co++#&&ee: an !*o.% $e acco.n&a$%a.#& co++#&&ee9

• T*e a.#& co++#&&ee !*o.% a""rove &*e a""o#nan &er+#na&#on o a""o#n&+en& o &*e *ea o a.#&9

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Re"or&#n, on #n&erna% con&ro%!*are*o%er!

•

S*are*o%er!: a! o/ner! o &*e co+"an': are &o )no/ /*e&*er &*e #n&erna% con&ro% !'!&e+ #!!.c#en& &o !ae,.ar &*e#r #nve!&+en&9

• To "rov#e !*are*o%er! /#&* &*e a!!.rance &*re>.#re: &*e $oar !*o.%: a& %ea!& ann.a%%': corev#e/ o &*e e<ec&#vene!! o &*e ,ro."5! !'!&#n&erna% con&ro%! an re"or& &o !*are*o%er! &**ave one !o9

• Co+"an#e! &*a& are +ore o"en /#&* &*e#r #!cre,ar#n, #n&erna% con&ro%! +a' $ene-& ro+#ncrea!e !*are*o%er !a&#!ac&#on a! &*e' )no

a!!e&! are $e#n, /e%% %oo)e a&er9

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Re"or&#n, on #n&erna% con&ro%!*are*o%er!

• B' re"or&#n, on &*e#r #n&erna% con&ro%!: a co+o"en! #&!e% &o a#&#ona% !cr.&#n' $' !*are*oan o&*er #n&ere!&e "ar&#e!3 /*#c* +a' #+cor"ora&e ,overnance9

• T*e )no/%e,e &*a& &*e#r /or) /#%% $e re"or&e&erna%%' +a' *e%" re,.%a&e &*e /or) o &*e

co++#&&ee9• B' +a)#n, &*e c*a#r o &*e a.#& co++#&&ee

ava#%a$%e or >.e!&#on! a& &*e AGM: &*e co+"e+on!&ra&e! &*a& #& *a! no&*#n, &o *#e: &*e#ncrea!#n, !*are*o%er con-ence9

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Ro%e! o a.#& co++#&&ee

e' ro%e! o a.#& co++#&&ee are over!#,*&:a!!e!!+en&: rev#e/ o o&*er .nc&#on! an !'!&*e co+"an'

• Rev#e/ o #n&erna% con&ro% !'!&e+!

• Over!ee /or) o #n&erna% a.#&

•Mon#&or #n&e,r#&' o -nanc#a% !&a&e+en&!

• Rev#e/ /or) o e&erna% a.#&

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Re!"on!#$#%#&#e! o a.#&co++#&&ee

Re!"on!#$#%#&#e! o a.#& co++#&&ee #n re%a&#on &o #n&con&ro%(

• rev#e/ &*e co+"an'5! #n&erna% -nanc#a% con&ro%!

• rev#e/ a%% &*e co+"an'5! #n&erna% con&ro% an r#!)+ana,e+en& !'!&e+!: .n%e!! &*e &a!) #! &a)en on!e"ara&e r#!) co++#&&ee or &*e .%% $oar

•,#ve #&! a""rova% &o &*e !&a&e+en&! #n &*e ann.a% rre%a&#n, &o #n&erna% con&ro% an r#!) +ana,e+en&

• rece#ve re"or&! ro+ +ana,e+en& a$o.& &*e e<eco &*e con&ro% !'!&e+! #& o"era&e!

• rece#ve re"or&! on &*e conc%.!#on! o an' &e!&! caron &*e con&ro%! $' &*e #n&erna% or e&erna% a.#&or!

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Re!"on!#$#%#&#e! o a.#&co++#&&ee

Re!"on!#$#%#&#e! o a.#& co++#&&ee #n re%a&#on &#n&erna% a.#&(

• Rev#e/ an a!!e!! &*e ann.a% #n&erna% a.#& /

• A""rove &*e a""o#n&+en& an &er+#na&#on o *#n&erna% a.#&

•

Pre!erve #ne"enence• C*ec) ec#enc' o #n&erna% a.#&

• En!.re reco++ena&#on! are ac&#one

• En!.re acco.n&a$%e &o &*e a.#& co++#&&ee

• Mon#&or an a!!e!! e<ec&#vene!! o #n&erna% a

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Re!"on!#$#%#&#e! o a.#&co++#&&ee

Re!"on!#$#%#&#e! o a.#& co++#&&ee #n re%a&#on &o ea.#&or(

• *ave &*e "r#+ar' re!"on!#$#%#&' or +a)#n, areco++ena&#on &o &*e $oar on &*e a""o#n&+erea""o#n&+en& or re+ova% o &*e e&erna% a.#&o

• over!ee &*e !e%ec&#on "roce!! /*en ne/ a.#&or

$e#n, con!#ere• a""rove &*o.,* no& nece!!ar#%' ne,o&#a&e3 &*e &

en,a,e+en& o &*e e&erna% a.#&or! an &*ere+.nera&#on or &*e#r a.#& !erv#ce!

• *ave ann.a% "roce.re! or en!.r#n, &*e #ne"ean o$6ec&#v#&' o &*e e&erna% a.#&or!

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Re!"on!#$#%#&#e! o a.#&co++#&&ee

• rev#e/ &*e !co"e o &*e a.#& /#&* &*e a.#&o!a&#!' #&!e% &*a& &*#! #! !.c#en&

• +a)e !.re &*a& a""ro"r#a&e "%an! are #n "%ac&*e a.#& a& &*e !&ar& o eac* ann.a% a.#&

• carr' o.& a "o!&@co+"%e&#on a.#& rev#e/9

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Re!"on!#$#%#&#e! o a.#&co++#&&ee

• De-ne an e"%a#n r#!) #n &*e con&e& o cor",overnance

• De-ne an e!cr#$e +ana,e+en& re!"on!#$r#!) +ana,e+en&

• E"%a#n &*e 'na+#c na&.re o r#!) a!!e!!+e

•

E"%a#n &*e #+"or&ance an na&.re o +ana,re!"on!e! &o c*an,#n, r#!) a!!e!!+en&!

• E"%a#n r#!) a""e&#&e an *o/ &*#! a<ec&! r#!