Audit

A forward-looking approach to the annual general meeting helps instil shareholder confidence

It notes EDB and MPA have lapses in contract management and procurement, while PUB has anomalies in records

External auditors note the presence of material uncertainties that could cast significant doubt on its ability to continue as a going concern

The paper provides bank internal auditors, as well as external auditors working with banks, a common framework to formulate and execute audits.

BUSINESSES in Britain are being urged to adopt a new code for internal auditors to boost corporate governance and restore trust after a string of accounting scandals raised questions about accountants...

Big firms are fighting proposed rules on external oversight

Britain’s financial regulator fined audit firm PwC US$19.3 million on Friday (Aug 16) for failing to alert the watchdog that London Capital & Finance (LCF) might be involved in fraudulent activity ahe...

This came after the company’s external auditors issued a disclaimer of audit opinion on its financial statements for FY2020 and FY2021.

Lapses in valuations and payments for work orders possibly led to an overpayment of S$1.9 million to NParks’ contractors