ANNUAL REPORT 2015 |
83
The Directors are required by the Companies Act, 1965 (Act) to prepare financial statements for each
financial year which give a true and fair view of the state of affairs of the Group and of the Company and
their results and cash flows for the financial year. As required by the Act and the Listing Requirements of
Bursa Malaysia Securities Berhad, the financial statements have been prepared in accordance with the
applicable approved accounting standards in Malaysia and the provisions of the Act.
In preparing the financial statements for the FY2015, the Directors have:-
•
selected suitable accounting policies and then applied them consistently;
•
made judgements and estimates that are reasonable and fair;
•
ensured that applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements;
•
prepare the financial statements on a going-concern basis.
The Directors are responsible for ensuring that the Group and the Company keep proper accounting
records which disclose with reasonable accuracy at any time the financial position of the Group and of
the Company and to enable them to ensure that the financial statements comply with the Act.
The Directors have a general responsibility for taking such steps that are reasonably available to
them to maintain a sound risk management framework and internal control system to safeguard the
shareholders’ investment and the assets of the Group and of the Company and to prevent and detect
fraud and other irregularities.
DIRECTORS’ RESPONSIBILITY STATEMENT
