The Directors are responsible for ensuring that the annual audited financial statements of the Group and the Company are drawn up in accordance with Malaysian Financial
Reporting Standards, International Financial Reporting Standards, the requirements of the Companies Act, 1965 in Malaysia and the Listing Requirements of Bursa Malaysia
Securities Berhad.
The Directors are also responsible for ensuring that the annual audited financial statements of the Group and the Company are prepared with reasonable accuracy from the
accounting records of the Group and the Company so as to give a true and fair view of the state of affairs of the Group and the Company as at 31 December 2014, and of the
results of their operations and cash flows for the financial year ended on that date.
In preparing the annual audited financial statements, the Directors have applied the appropriate and relevant accounting policies on a consistent basis; made judgements and
estimates that are reasonable and prudent; and prepared the annual audited financial statements on a going concern basis.
The Directors are also responsible for taking reasonable steps to safeguard the assets of the Group and the Company to prevent and detect fraud and other irregularities.
Statement of
Directors’ responsibility
44
Wah Seong Corporation Berhad • Annual Report 2014
