Management and audit committees are placing greater emphasis on enhancing shareholder value and their organizations internal control and risk management functions. In order to maintain a competitive edge in serving organizations, internal auditors are expected to provide risk-focused and value-added solutions, in addition to the traditional duty of performing transaction-focused and compliance-based checking.
Corporate governance
Knowing that they are behind their UK and US counterparts in promoting corporate governance awareness, regulators in many Asian countries have been working hard to improve their respective corporate governance frameworks and are embarking on a series of measures designed to strengthen investor confidence. One of the main aspects of good governance practice is to require...
