Course Description

This recording has been refreshed on 20 June 2025 with the latest Masterclass.


Part 1: Looking through the Lens from Audit Committee

  • Case Studies of Corporate Failures due to AC oversight
    • Wirecard (Over reliance in external auditor, resulting fraudulent accounting & regulatory failures)
    • Hyflux (Poor AC oversight on management financial decision)
    • Sing Post (Weak whistleblowing policies and process)
  • Strengthening the Defence in the Organisation
    • 1st line of defence: Management
    • 2nd line of defence: Internal Auditor
    • 3rd line of defence: Audit Committee & External Audit


Part 2: Beyond the Numbers - Strengthening the Audit Committee’s Oversight on Financial Statements

This session explores how audit committees can go beyond compliance to truly understand the business drivers behind the numbers. The discussion will cover key areas of financial statement review, common red flags, and how committees can engage meaningfully with management and auditors to ensure transparency and integrity.


Part 3: Drawing the Dot - Climate to Finance

  • Roadmap to mandatory climate reporting and assurance
  • How ESG failures can lead to financial & reputational damage.
  • Insights to how Board can provide guidance and experience sharing
Instructor Image

Richard Tan Chuan Lye

Member of Asia Advisory Board, Chairman of Asia Audit & Risk Committee, EFG Bank

Instructor Image

Koh Chin Beng

Member of the Sustainability Reporting Advisory Committee Partner, BDO Singapore LLP

Mr Koh Chin Beng is a Chartered Accountant (Singapore) and Certified Internal Auditor.Mr Koh is a member of International Internal Audit Standards Board and a Past President of the Institute of Internal Auditors Singapore. He was also a member of the Sustainability Reporting Advisory Committee set up by ACRA and SGX RegCo.He has more than 30 years of auditing experience. He started his auditing career as an external auditor in a Big-4 firm and moved on to key internal audit roles in large multinational companies. Prior to joining BDO Risk Advisory Services Division, Mr Koh oversaw the Public Accountancy Sector Division in ACRA and was the Chief Inspector.Mr Koh leads the firm’s sustainability reporting services. As a Partner of BDO Singapore Risk Advisory Services, he also manages outsourced internal audits of various listed companies, non-profit organisations, Government Ministries and Statutory Boards.

Course Rating

Speaker's Rating

3 CPE Hours

Lesson

5

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