Audit Case Study (Group 7)  Stay tune for the video update on 26th November 2020. Don't forget to like, comment and share🤗

GROUP 8 :CORPORATE GOVERNANCE  Hi guys,welcome  to our blog😁 We are from group 8 and will dicuss about Chapter 8 :Corporate Governance in Audit and Assurance. Group members: 1.SELVARANI A/P MURUGAYA (10DAT18F1034)  2. CHEN QIAO XIN   (10DAT18F1070 ) 3.NOOR FATIMAH BT SHAHABAN ALI (10DAT18F1107) 4.VELASINI A/P KURINJI KUMARAN (10DAT18F1111) 5.NUR SYAFIQAH BT KADERSAH (10DAT18F1121) INTRODUCTION : Corporate governance is the system by which organisations are directed and controlled. It encompasses the relationship between the board of directors, shareholders and other stakeholders, and the effects on corporate strategy and performance. Corporate governance is important because it looks at how these decision makers act, how they can or should be monitored, and how they can be held to account for their decisions and actions. The published audited financial statements and related information are therefore of key importance. They will usually be the main informatio

 GROUP 7 : AUDIT ISSUE LEGAL LIABILITIES GROUP MEMBERS : AINAA MASTURA BINTI SABRI (10DAT18F1054) MUHAMMAD ASYRAAF BIN AHMAD FARIDI (10DAT18F1123) THIBBAH MURUGAN (10DAT18F1095) PRIYA SHANTINI A/P RAMIS (10DAT18F1109) THARSHINI A/P SIVARAMAN (10DAT18F1113) MALATHI MURUGAN (10DAT18F2063) INTRODUCTION Legal liabilityis a term applied to being legally responsible for a situation, and is often associated with a subcontract, especially if the terms of that contract are not fulfilled. In Malaysia, legal action can be taken against an auditor for violating the Securities Commission Act 2003 or the Companies Act 1965. Under the Companies Act 1965 - Section 46 - An auditor as an expert who authorities and causes the issue of prospectus  is liable to pay compensation to person who purchases share or debentures on the faith of the prospectus for any loss sustained by reason of untrue statements or willful non-disclosure for any matter which is material.   Under the Securities Commission Act 2003

GROUP 6: AUDIT REPORT GROUP MEMBERS: DIVESH MAHINDRAN ( 10DAT18F1600 ) FARAH HANAN BT MOHD TAJNOOR ( 10DAT18F1117 ) NUR AMEERAH BT OTHMAN ( 10DAT18F1500 ) NUR HAZIQAH BT HIZAM ( 10DAT18F1075 ) NUR AISYAH BT AIHAM ( 10DAT18F1056 ) INTRODUCTION. The auditor's report is a written letter from the auditor containing the opinion of whether a company's financial statements comply with generally accepted accounting principles (GAAP). The independent and external audit report is typically published with the company's annual report. The auditor's report is important because banks and creditors require an audit of a company's financial statements before lending to them. In this article, we explain what goes into an auditor's report as well as review an example of an audit report. An auditor's report is a written letter attached to a company's financial statements that express its opinion on a company's compliance with standard accounting practices. The auditor&

  CHAPTER 8 : CORPORATE GOVERNANCE (PSP_DAT5BJune2020) Hai everyone, welcome to our blog😄 We are from group 8 and will discuss about Chapter 8 in Audit and Assurance which is Corporate Governance. Our members : Nursyamira Izzati Binti Mohd Rosdi  (10DAT18F1008) Nur Arisha Binti Zakaria                     (10DAT18F1038) Sabarreena Priyah A/P Murugesan     (10DAT18F1058) Siti Nur Izza Binti Mohamed              (10DAT18F1098) Suthashne A/P Seran                           (10DAT18F1102) Nurul Nabilah Binti Abdullah             (10DAT18F1501) You can go watch our live discussion in facebook page of MyPoly Audit👇 We have prepared a powerpoint about our topic, you can read this anytime😆 For additional and more detailed information, you can click these two urls and go watch them on youtube😻 https://youtu.be/QNYMsCpX7Rw https://youtu.be/0sD0WrnXw-I https://youtu.be/ZARpRhudx4g https://youtu.be/bEKumcUERtE TEST YOUR MIND TIME😝👀 1. What is the definition of corporate governance? 2. List d