25
Datasonic Group Berhad
(Company No. 809759-X)
4.
FOSTER COMMITMENT (CONT’D)
4.2 Directors’ Training (cont’d)
Directors
Training Programmes
Cik Safia Zuleira binti Abu Hanifah
– Mandatory Accreditation Programme
Mr. Yee Kim Shing @ Yew Kim Sing
– 2014 FIDE Core Programme - Corporate
Governance
Dato’ Zaiful Ayu Ibrahim bin Ibrahim
–
–
Briefing Session on Corporate Governance
Guide : Towards BoardroomExcellence (2nd
Edition) – An Update
Nominating Committee Programme 2:
Effective Board Evaluation
The Directors will continue to participate in training programmes to equip themselves and to
effectively discharge their duties as Directors as and when necessary.
5.
UPHOLD INTEGRITY IN FINANCIAL REPORTING
5.1 Compliance with Applicable Financial Reporting Standards
The Board takes responsibility to provide balanced and meaningful assessment of the Group’s
financial performance and position at the end of each financial year, primarily through the
annual financial statements, quarterly announcements of results to shareholders and the
Chairman’s Statement in the Annual Report.
The Board is assisted by the Audit Committee in overseeing and governing the Group’s financial
reporting processes and the quality of its financial reporting.
The Audit Committee performs, inter alia, the following functions:-
a) Review with the External Auditors their audit report and the planned corrective actions
that need to be taken arising from their audit findings;
b) Review the quarterly and annual financial statements of the Company and of the
Group before submission to the Board, focusing in particular on significant changes and
adjustments in the preparation and presentation of the financial statements, material
fluctuations in the financial position and results as reflected in the financial statements
and compliance with accounting standards, regulatory and other legal requirements;
c) Review matters concerning the suitability for appointment or re-appointment of External
Auditors and matters relating to their resignation;
d) Review any related party transactions entered into by companies within the Group and
any conflict of interest situation that may arise within the Group; and
e) Reviewwith the Internal Audit Department their evaluation of the systemof internal controls,
which include amongst other matters, the financial and operational controls.
Details of the activities carried out by the Audit Committee for the financial period under review
are set out separately in this Annual Report.
STATEMENT ON CORPORATE GOVERNANCE
(Cont’d)
