The efforts towards better corporate governance practices of firms in the Malaysian capital market were started by the Securities Commission (SC) as early as 1996 in three-phased shift disclosure-based regulations (DBR). During Phase 1 (1996-1999: Flexible/Hybrid Merit Based Regime), the emphasis was to regulate on disclosure, due diligence and corporate governance. Phase 2 (January 2000: Partial DBR) still focused on corporate disclosure, due diligence and corporate governance, but included focus on promotion of accountability and self-regulation. In Phase 3 (2001 onwards: Full DBR) the SC enforced high standards of disclosure, due diligence and corporate governance as well as exercise of self regulation and responsible conduct ...

Evidence of audit failures documented worldwide have led to major criticism of the auditing professions' independence and exposed its implication on shareholders and stakeholders' interests. External auditors are expected not only be independent but more importantly must be seen to be independent when examining and attesting clients' financial statements. Auditors are expected to decide on reporting strategies without any influence from their clients' management.

This book presents contemporary issues in financial reporting of Islamic financial institutions. Two key areas are covered namely, accounting for Islamic financial transactions and shariah governance. The main motivation to publish this book is to share our understanding on the unique nature of Islamic finance industry and the approach taken in accounting and reporting of Islamic financial transactions. Also, the book illustrate the importance of shariah governance in ensuring end-to-end shariah compliance. This book is to provide a practical guidance to researchers, industry practitioners and the other stakeholders.

An audit committee would effectively deliver their duties if there were adequate resources. In the US, the National Association of Corporate Directors (NACD) (2000) pointed out that 'sufficient resources' is one of the three keys to an effective oversight process of an audit committee. Consistently, Treadway Report stressed the importance for an audit eommittee to have adequate resources and authority to effectively discharge their duties (Treadway, 1987) ...

This case study is written anonymously based on a real organization that exists in the industry and we examine the internal and external environment of the Koperasi. Few key issues are found such as poor performance of Koperasi, few business activities are not generating enough profit and returns of investment, lack of credibility, capabilities and accountability among the BODs as well as risk management issues.

This book was written in a case study appraoch which has been successfully proven as an effective tool in teaching and learning process, particularly at the postgraduate level. Its function is to business scenarios, and relevant issues faced by aspiring entrepreneurs. Therefore, building on real case studies developed from the apparel and clothing industry's setting and supported by the authors' own experiences, this book hopes to stimulate the interests and passions in case study writing for the further development of effective learning approaches through case studies among students, academics, and practitioners ...

Vital Ed Solutions (VeS) was established in April 2014. It is self-funded business enterprise. The two co-founders agreed to contribute RM20,000.00 each, making the capital a sum of RM40,000.00. As a new start-up in the service industry, VeS relies heavily on part-time employees. These workers work with the mas facilitators and speakers. Since they are part-time workers, it can be difficult for the enterprise to establish the kind of work ethic that they desire among the employees. Nevertheless, the co-founders of VeS also realized the needs for training, although they are unsure of the kind of training that these employees require in order for them to be motivated and at the same time provide VeS with the appropriate working ethics to reduce volatility.

This study was undertaken to assess the impact of Amanah Ikhtiar Malaysia's (AIM) microcredit program on microenterprise assets possessed by poor women in urban Peninsular Malaysia. In order to fulfill the above mentioned objective, in an attempt to increase understanding on the subject matter and contribute to the existing knowledge, this study employed a cross-sectional design with a stratified random sampling method. The results of this study reveal that the current market value of enterprise assets and vehicles owned by old respondents was relatively higher than that of new respondents. The findings also show that the mean market value of microenterprise assets owned by old respondents was significantly higher than that of new respondents. This study suggests that AIM should, therefore, focus on providing adequate training, flexible and diversified loan programs, and increase outreach. The government of Malaysia also needs to review policies to provide a favorable environment in order to promote self-sustainable competitive microenterprises.

The accounting profession plays a major role in facilitating good governance, accountability and transparency among corporate participants, and more importantly. It has become the 'gatekeeper of financial truth' (A-Kadir, 2000), Indeed, the role played by auditors was deemed to be the financial aspect of corporate governance. Good financial reporting is critical to effective functioning of the capital market.