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Asia Media Group Berhad
►
Annual Report 2015
Statement on Risk Management and Internal Control
(continued)
Conclusion
The Board is of the view that there is no significant breakdown or weaknesses in the current system
of internal controls of the Group that have resulted in material losses incurred by the Group for
the financial year ended 31 December 2015. The Board and the Management will continue to
take necessary measures and ongoing commitment to strengthen and improve its internal control
environment and processes.
The above Statement on Risk Management & Internal Control is made in accordance with the resolution
of the Board dated 25 April 2016.
Review of the Statement by External Auditors
The External Auditors have, in accordance with the Recommended Practice Guide 5 issued by the
Malaysian Institute of Accountants, reviewed the Statement as required by paragraph 15.23 of the
Main Market Listing Requirements of Bursa Securities, for inclusion in the Company’s Annual Report
for the financial year ended 31 December 2015.
Based on their review, the auditors have reported to the Board that nothing has come to their attention
that causes them to believe that the Statement is inconsistent with their understanding of the process
adopted by the Board in reviewing and assessing the integrity and adequacy of the internal controls
of the Group.