THE IMPORTANCE OF AUDIT COMMITTEE IN BOARD STRUCTURE IN MALAYSIA

Scirj Volume I, Issue IV, November 2013 Edition
ISSN: 2201-2796

THE IMPORTANCE OF AUDIT COMMITTEE IN BOARD STRUCTURE IN MALAYSIA

Mahboubeh Bahreini

Abstract: Development of audit committee and the effects of this section on the review of performance and accuracy of financial statements and accounting systems around the world and by referring to studies on the linkage between audit committee and performance, there would be significant relations between them that help the organizations to improve profitability. In this part of corporate governance, many countries such as Malaysia have set up the regulation of Sarbanes-Oxly-Act after 2002 which consists of new rules and regulations on Audit committee to increase authority and responsibility of this committee. It has helped Malaysia to recover from the financial crisis in Asia. This recovery has caused investors to have more confidence and offer investments in Malaysia. A good structure and good management of corporate governance can provide a secure platform for investors invest more in Malaysia.

Reference this Paper: THE IMPORTANCE OF AUDIT COMMITTEE IN BOARD STRUCTURE IN MALAYSIA by Mahboubeh Bahreini published at: "Scientific Research Journal (Scirj), Volume I, Issue IV, November 2013 Edition, Page 71-75 ".

Search Terms: Corporate governance, Audit committee, performance, Malaysia

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