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JAYA TIASA HOLDINGS BERHAD
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Director
Course Title
Date of Attendance
Dato’ Sri Dr Tiong Ik King
Update on Chapter 14A of the Listing Rules –
Connected Transactions
29 May 2014
Tiong Choon
GST Implementation & its Implication
22 October 2013
Effective Management of Employee Discipline 20-21 February 2014
Update on Chapter 14A of the Listing Rules –
Connected Transactions
29 May 2014
Tiong Chiong Hee
Advocacy Sessions on Corporate Disclosure
for Director
5 September 2013
John Leong Chung Loong
GST Implementation & its Implication
22 October 2013
Dato’ Wong Lee Yun
Advocacy Sessions on Corporate Disclosure
for Director
21 August 2013
GST Implementation & its Implication
22 October 2013
National Forum on “Malaysia’s Goods and
Services Tax (GST): Possible Lessons from the
United Kingdom and Singapore
26 February 2014
CIMB Asia Pacific & Invest Malaysia Conference 9 &10 June 2014
CIMB-2H 2014 Market Outlook & Investment
Strategy
23 June 2014
GST Awareness Session
25 June 2014
Datuk Talib Bin Haji Jamal
GST Implementation & its Implication
22 October 2013
5. UPHOLD INTEGRITY IN FINANCIAL REPORTING
5.1 Compliance with Applicable Financial Reporting Standard
In presenting the annual audited financial statements and quarterly financial results to the shareholders,
investors and Regulatory Authorities, the Board aims to present a balanced and understandable assessment
of the Group’s financial performance, position and prospects.
The Board, assisted by the Audit Committee, oversees the integrity and reliability of the Group’s financial
statements. The Audit Committee members, who are financially literate, meet on a quarterly basis to review the
financial statements prior to recommending them for the Board’s approval and issuance to stakeholders. The
Audit Committee also ensures that these financial statements comply with the applicable financial reporting
standards in Malaysia. Such financial statements comprise the quarterly financial reports announced to Bursa
Malaysia Securities Berhad and the annual statutory financial statements.
The Directors’ Responsibility Statement in preparing the annual audited financial statements of the Group and
the Company is set out on page 39 of this Annual Report.
5.2 Suitability and Independence of External Auditors
The Board has established procedures, via the Audit Committee, to assess the external auditors’ suitability
and independence annually based on the criteria set out in the Auditor Independence Policy.
The procedures, among others, include provision of a written assurance by the external auditors, confirming
that they are, and have been, independent throughout the conduct of audit engagement with the Company
in accordance with the By-laws (on Professional Ethics, Conduct and Practice) of the Malaysian Institute of
Accountants.
The Audit Committee is satisfied with the external auditors’ audit independence and their technical competency.
statement on corporate governance (cont’d)