Financial Statements Review
The Financial Statements Review function of MIA is one of the three
components of the surveillance function of the Surveillance and
Enforcement Division of the Institute.
MIA’s FSR covers the following:
|
1. |
Work with the Financial Statements Review Committee
(FSRC) to monitor quality of financial statements
through review process. |
|
2. |
Work with the FSRC to review cases referred by other
regulators. |
|
3. |
Provide guidance to MIA members on good financial
reporting based on common findings identified during
the review process. |
|
4. |
Keeping track of media report on possible accounting
irregularities and reporting deficiencies in public
listed companies and public interest entities and
advise on the necessary action to be taken against
the relevant member. |
|
5. |
Perform “fact findings” on cases referred by other
regulators before drafting complaints on behalf of
the Council under Rule 3(3) of Disciplinary Rule. |
