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FIVE 1) Corporate governance code requires public listed companies in Maldives to comply on laws, regulations, procedures and policies. It also requires certain level of
FIVE 1) Corporate governance code requires public listed companies in Maldives to comply on laws, regulations, procedures and policies. It also requires certain level of transparency to the shareholders. To mitigate risk and avoid fraudulent activities, monitoring and control measures must be established in companies. By reflecting on public listed company in Maldives, discuss about the audit measures company must practice considering both internal and external audit. Additionally, explain the reason why it requires an audit report of independent external auditor? (10 marks)
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