Investor Presentaiton

Organisational risk ■ Are companies investing sufficiently in robust internal controls and creating a culture of accountability? ➤ Reporting lines: Is the board properly supervising major areas of risk (eg, forex hedging contracts, large M&A transactions)? Does it prioritise risk? ➤ Accounting systems: Preparation of accounts. Use of information technology. Decisions by senior management on accounting policy. Internal audit: Who does it report to—the CFO or chair of the Audit Committee? ➤ External auditor: Does the company allow its auditor to talk directly to the Audit Committee? ACGA Presentation HKCCA, May 6, 2009 19 ACGA

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