Annual Report Survey

RMO 2020
Group: AC2206__
Name (alphabetical order) UiTM No.

This is a SPECIAL GROUP PROJECT on CORPORATE GOVERNANCE CHAPTER. It is worth 15%.

The purpose of doing this project is to understand how the CG, MCCG and Bursa Malaysia relate to the
disclosure corporations made in Corporate Annual Report. You can proceed doing this Special Project
step by step; once you have started or in progress or have completed your Corporate Governance
chapter. For this on-line monsoon, it is good to start doing it earlier.

Instructions:

 Your lecturer will choose and assign your group with one latest Corporate Annual Report of a
company listed in Bursa Malaysia.
 Based on the Corporate Annual Report chosen, your group members will address the
requirements; study, analyze the Annual Report, then fill in the correct answers on the Checklist
given (Page 2-3).
 Indicate Non-Available (N/A) for information which is not disclosed in the Corporate Annual
Report. Kindly DO NOT leave the answer space blank or else NO marks will be awarded.
 Type in your answers (Arial 1, Font Colour - Black) and save it in PDF format. Neatness is very
much appreciated
 Complete the given Checklist.
 Submit the output to your lecturer. Respective teaching lecturer will decide on the submission
platform and due date.

Thank You

1
 The Checklist: Analyze the information from the Annual Report and fill in this checklist with the
correct answers.
Information to analyze (25 marks) Answer (Arial 11, Font Colour: Black). Indicate
page
Total marks will be converted to 15%. Reminder: Please specify N/A if the information is not provided in number in
the Annual Report chosen. A zero mark for spaces left blank. the Annual
Report
Name of the company’s annual report
(1m)
State the financial accounting period
year end (1m)
Cover Page Rationale (if any) (1m) Explanation on cover page rationale: (if any)
Search the info at the back of the
cover page. Is there any detailed
explanation on what the cover page
symbolizes?
Mission/Vision Statement (if any) If available, does the Mission/Vision Statement relate to:
(1m)
CG Theory (If Yes, which sentence from the
Mission/Vision statement evidences
this?)
Shareholder Theory?
Stakeholder Theory?

Analyze the Auditor’s Report

 Name the external auditor (1m) The external auditor is:

 Name the partner that signs the The name of partner who signs the audit report is:
audit report (1m)
 The type of auditor’s opinion: Type of audit opinion given by the external auditor:
Unqualified or Qualified audit
report? (1m)
 The sentences that justify the Extract the sentences from the Auditor’s Report to reflect the type of
type of auditor’s opinion as auditor’s opinion as you have stated above:
stated above (1m)
Study the Audit Committee

The Audit Committee should comprise Underline your answer: Yes or No

solely of Independent Directors (MCCG
2017)
Is the composition of Audit
Committee of the company follows
as what is stated in MCCG2017? (1m)
State the composition of executive & Composition of Audit Committee:
independent non-executive directors Number of Executive Director:
that make up the Audit Committee. Number of Independent Non-Executive Director:
(2m)
Identify the qualifications of audit State the type/s of academic/professional qualification the members
committee members (1m) of audit committee:
List other BOD BOD Committee/s other than the Audit Committee:
Committees/Management 1.
Committees in the company (3m) 2.

2
 3.

Study the CSR Disclosure

Identify & explain any one CSR

activity reported by the company.
(3m)
Go to the Section on Statement on Corporate Governance or the Chairman’s Statement or any available
pages & study the following information about the BOD:

 BOD’s size (total number of BOD) Total number of BOD:

(1m)

 the BOD composition (number of Composition of BOD:

executive directors > number Number of Executive Director:
non-executive directors) (1m) Number of Non-Executive Director:

Is this an ideal composition? Underline your answer: Yes or No

 is there any declaration on Availability of BOD Declaration on Conflict of Interest: Yes or No?
conflict of interest made by the
BOD? (Is there any statement If Yes, provide one statement as example.
made by BOD stating that they
are free from conflict of interest?)
(0.5m)
 how much is the remuneration of RM
the BOD (If it is disclosed, write Do you like the pay? If you like, you must also love the
the one amount which is the responsibilities!
highest) (0.5m)

 the attendance to board meeting Any 2 BOD that have recorded full attendance to board meeting:
(minimum 50%-Bursa Malaysia 2 Names Total attendance
Listing Requirements & at least recorded
75%- Bank Negara Malaysia 100%
guideline). (2m) 100%

Is there any ‘Kaki Ponteng’ BOD (fail to attend all or attending less
 is there any BOD that is ‘kaki than half to board meeting):
ponteng? if any) (1m) 1 Name (if any) Total attendance
recorded

 Is the duality role applicable? Duality Role: Underline your answer: Yes or No
(One person holding two different
roles; the Chairman is also the Name of Chairman:
CEO). (1m) Name of CEO:

End of Checklist, Well done!