SMU Associate Dean and MPA Programme Director Themin Suwardy at the School of Accountancy shared his views on the impact of the new Code of Corporate Governance in Singapore. It was proposed that the CEO and CFO are responsible for offering accurate information to stakeholders about financial statements and internal controls. This will come in the form of disclosure by the board, which states that the directors have received assurance from the CEO and CFO over the financial records and other processes put in place by the firms.
The Business Times
