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CEO fined over Singapore firm's failure to recognise S$16 million loss in financial statements

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This gave an inaccurate picture of Miyoshi Limited’s financial health, says the Accounting and Corporate Regulatory Authority (ACRA). SINGAPORE: The chief executive officer of a Singapore manufacturing firm was fined S$22,400 (US$16,400) on Friday (Jan 10) over the company's failure to recognise a S$16 million impairment loss in its financial statements. According to the charge sheet, Miyoshi Limited’s executive director and CEO Andrew Sin Kwong Wah had laid out the financial statements for the

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CEO fined over Singapore firm's failure to recognise S$16 million loss in financial statements https://www.channelnewsasia.com/ - 10:54
CEO fined over Singapore firm's failure to recognise S$16 million loss in financial statements https://www.channelnewsasia.com - 10:32
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