Auditors and accountants play an important role in identifying financial crimes, says Azam Baki
The auditor's role is crucial in uncovering the irregularities in the accounts and financial records that have been manipulated to hide the financial crimes committed, said Malaysian Anti-Corruption Commission chief commissioner Tan Sri Azam Baki.
Azam also said the accountant is responsible as the 'gate keeper' to the financial information of an organization, monitoring the company's financial flow, advising the management on the company's financial operations and if necessary reporting improprieties and irregularities to the authorities.
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Azam also said the accountant is responsible as the 'gate keeper' to the financial information of an organization, monitoring the company's financial flow, advising the management on the company's financial operations and if necessary reporting improprieties and irregularities to the authorities.
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Transcript
00:00Tan Sri Dato' Seri Haji Azam Bin Fakir, Chairman of Suruh Jaya Suruhanjaya Perjalanan Rasuah Malaysia
00:07In this initiative program, we hope to achieve our objectives and contribute to the prevention of financial crimes that have persisted since the past.
00:25With this program, it will be the best platform to achieve the objectives of this program, which is to discuss the issues of accounting and auditing from the perspective of financial crimes, especially criminal offences and corruption.
00:42Second, to improve and improve the management system in the field of accounting, auditing, and auditing.
00:53Third, to be an example in the field of auditing and auditing public and private sector related to the development of new countries.
01:02For a long time, we have been fighting against criminal offences that have persisted since the past.
01:08The effects of the past have resulted in a lot of corruption.
01:11I have mentioned corruption in the last five years, which amounted to 277 billion rupiahs.
01:18This is one of the effects of the collapse of the country and the collapse of Malaysia.
01:24In addition, corruption is also a threat to the government and national security.
01:31Based on Esperam's statistics from 2019-2023, it is estimated that 48.8% of the public do not accept corruption.
01:42Esperam's acceptance is related to the government sector and the auditing sector.
01:48In addition to cooperating, Esperam is also committed to addressing the effects of corruption,
01:58and is also a leader in managing the management system in all sectors of the government.
02:05The five main strategies under the NSGIS framework are education, public participation,
02:14voice of the people, governance and incentives that must be implemented in the next five years.
02:22To ensure the success of this strategy, cooperation from all parties is expected
02:29so that the aspirations that want to be achieved can be realized for all Malaysians.
02:36Ladies and gentlemen,
02:37Corruption management efforts require cooperation from all parties involved.
02:42Their role as experts, such as auditors,
02:47is very important to resolve disputes in financial accounts and records that have been manipulated
02:54to hide the crimes of financial crimes.
02:58During the audit process, many mistakes and lies were successfully identified by the auditor.
03:05This kind of corruption cannot be left alone,
03:08and we at Esperam Setia are always ready to accept the information that wants to be falsified.
03:14It is saddening when government regulations are intended to guarantee the integrity of the message
03:19and protection to the people, but are slandered by irresponsible parties.
03:25Esperam Setiasul pays attention to the serious reports of the head of state,
03:29or LTN, which is handled by the Parliament
03:32with involvement in the report of the head of state, or JTLTN,
03:39and consultations with the Agency for Governance and the Agency for Central Communication with LTN.
03:45The report will be submitted to health projects and reports that are not profitable
03:51and cause great losses to the government.
03:56The investigation has begun on several issues that have been raised
04:00as reported in the media, based on the information and complaints.
04:07My great hope is that the 1957 Audit Act, which was passed by the people recently,
04:13will have a positive impact through the scope of the audit of financial accounts and records.
04:19In addition, it is also seen that it can ensure that audits are always given attention
04:25and actions are taken responsibly by both ministries, offices and government agencies
04:33as well as bodies, including the companies that receive the audits.
04:38The reform of this law is very important for strengthening the existing powers
04:43in the body of the regulator, the body of the regulator, and the body of the regulator
04:48to carry out more effective and efficient responsibility.
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