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Some of us as financial executive might be entrusted with the role of overseeing the IT department. It is therefore important to understand some pertinent points on internal control or internal checks so as to prevent or reveal computerized fraud. Besides,reading the below article,it is advisable to read my earlier article on [...] The capital repayment was reported in the NST,(6/4/06) Mobile operator DiGi.Com Bhd plans a second capital repayment of 60 sen a share (RM450mln in total) to entitled shareholders. The proposal,pending approval,is expected to be completed by the fourth quarter 2006. When the exercise is completed,DiGi share capital will be reduced to RM75mln,[...] Reported in The Star: “The Securities Commission (SC) relaxed listing requirements to allow foreign-owned companies with operations abroad to be listed on Bursa Malaysia and main board-listed Malaysian firms to have secondary listings abroad. The SC said eligible Malaysian-owned corporations with foreign operations would now be given the flexibility to go public without having [...] Reported in The Star (10/6/06): “In the article on second board public listed company,an information communication technology company FSBM is brought to the scrutiny of the public investors somewhere in the month of May 2006 where word got around in the market that its net tangible assets (NTA) per share stood at [...] After a long night of making love,he notices a photo of another man on her night stand by the bed. He begins to worry.”Is this your husband?”he nervously asks. “No,silly,”she replies,snuggling up to him.”Your boyfriend,then?”he continues. “No,not at all,”she says,nibbling away at his ear. “Is [...] |  FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach. | |||||
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