Course Detail(BOD003c : Audit Committee Masterclass for Directors: The Heart of Corporate Governance)

BOD003c : Audit Committee Masterclass for Directors: The Heart of Corporate Governance NEW

3.00 CPE Hours (Others)
Classroom

Audit Committee: The Heart of Corporate Governance is part of the Board of Directors (BOD) Masterclass Programme, and DOES NOT contain the e-learning component of the Programme.

Important Note:

  1. This masterclass is one of the modules of the SGX prescribed Board of Directors (BOD) Masterclass Programme.
  2. Individuals who would like to fulfil the SGX mandatory training requirements for FIRST-TIME LISTED COMPANY DIRECTORS SHOULD register for the full programme at Board of Directors (BOD) Masterclass Programme.

Programme Outline

Date: 23 May 2025, Friday

Time: 12:30 PM - 5:30 PM  (include Tea Break and Networking)

Venue: ISCA HOUSE

Time

Description

12.30 pm to 1.30 pm

Registration and Networking Lunch

1.30 pm to 2.45 pm

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

Speaker:
Mr Soh Gim Teik, CA (Singapore)

Audit Committee Chairman, Wilmar International Limited

Partner, Finix Corporate Advisory LLP

2.45 pm to 3.30 pm

Fire-Side Chat: 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.

Speaker:
Mr Soh Gim Teik, CA (Singapore)

Audit Committee Chairman, Wilmar International Limited

Partner, Finix Corporate Advisory LLP


Professor Chua Kim Chiu, FCA (Singapore)
Audit Committee Chairman, OCBC Limited

Professor (Practice) in Accounting, NUS Business School


Mr Victor Lai, FCA (Singapore)
ISCA Corporate Governance and Risk Management Committee member

Principal Consultant, CitadelCorp

3.30 pm to 4.00 pm

Tea Break

4.00 pm to 5.00 pm

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

Speaker:
Mr Koh Chin Beng, CA (Singapore)

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

5.00 pm

Networking and drinks

 

Training Methodology
In-Person Masterclass

Closing Date for Registration
1 week before registration or full enrolment.

Intended For

Experienced directors who can keep abreast of trending need-to-know content concerning directors.

Competency Mapping

Others = 3.00 Hours

Schedule & Fees

Date & Time

23 May 2025 (11:30 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Team of Professionals (BOD003C)

Venue

60 Cecil Street
ISCA House
Singapore 049709

Testimonial

Funding

No funding Available!

Programme Facilitator(s)



 

Mr Soh Gim Teik
Audit Committee Chairman, Wilmar International Limited
Partner, Finix Corporate Advisory LLP

Mr. Soh serves as Chairman of the Audit Committee and is a member of the Risk Management Committee, Nominating Committee, and Remuneration Committee of Wilmar International Limited.

In addition to his role at Wilmar, Mr. Soh is a Director of several other listed companies, including Olive Tree Estates Limited and NoonTalk Media Limited. He also holds directorships in several private and public sector organisations, such as, Farrer Park Hospital Pte Ltd and National Healthcare Group Fund where he serves as Board Chairman on both boards. Other boards where he serves as the Audit Committee Chairman include The Farrer Park Company Pte Ltd, Consortium for Clinical Research and Innovation Singapore Pte Ltd, Agency for Science, Technology and Research (A*STAR), and MOH Holdings Pte Ltd.

Outside of his board appointments, Mr Soh is a Disciplinary Committee member of Singapore Exchange Limited, an Investigation and Disciplinary Panel member of ISCA, and a member of the Governing Council of the Old Rafflesians’ Association.

He holds a Bachelor of Accountancy degree from the former University of Singapore.
 

Professor Chua Kim Chiu
Audit Committee Chairman, OCBC Limited
Professor (Practice) in Accounting, NUS Business School

Mr. Chua is a Fellow Chartered Accountant of Singapore and has served as a Professor (Practice) in Accounting at the NUS Business School, National University of Singapore since 2016. He joined academia following his retirement as a partner at PricewaterhouseCoopers, where he enjoyed a distinguished career spanning over 35 years.

Mr. Chua currently serves as Chairman of the Audit Committee at OCBC Bank and Mapletree Pan Asia Commercial Trust.

He holds a Bachelor of Commerce in Accountancy from Nanyang Technological University, and a Bachelor of Commerce and Administration with Honours in Accountancy from Victoria University of Wellington.




Mr 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 the Immediate 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 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. 
 

Audit Committee: The Heart of Corporate Governance is part of the Board of Directors (BOD) Masterclass Programme, and DOES NOT contain the e-learning component of the Programme.

Important Note:

  1. This masterclass is one of the modules of the SGX prescribed Board of Directors (BOD) Masterclass Programme.
  2. Individuals who would like to fulfil the SGX mandatory training requirements for FIRST-TIME LISTED COMPANY DIRECTORS SHOULD register for the full programme at Board of Directors (BOD) Masterclass Programme.

Programme Outline

Date: 23 May 2025, Friday

Time: 12:30 PM - 5:30 PM  (include Tea Break and Networking)

Venue: ISCA HOUSE

Time

Description

12.30 pm to 1.30 pm

Registration and Networking Lunch

1.30 pm to 2.45 pm

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

Speaker:
Mr Soh Gim Teik, CA (Singapore)

Audit Committee Chairman, Wilmar International Limited

Partner, Finix Corporate Advisory LLP

2.45 pm to 3.30 pm

Fire-Side Chat: 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.

Speaker:
Mr Soh Gim Teik, CA (Singapore)

Audit Committee Chairman, Wilmar International Limited

Partner, Finix Corporate Advisory LLP


Professor Chua Kim Chiu, FCA (Singapore)
Audit Committee Chairman, OCBC Limited

Professor (Practice) in Accounting, NUS Business School


Mr Victor Lai, FCA (Singapore)
ISCA Corporate Governance and Risk Management Committee member

Principal Consultant, CitadelCorp

3.30 pm to 4.00 pm

Tea Break

4.00 pm to 5.00 pm

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

Speaker:
Mr Koh Chin Beng, CA (Singapore)

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

5.00 pm

Networking and drinks

 

Training Methodology
In-Person Masterclass

Closing Date for Registration
1 week before registration or full enrolment.

Intended For

Experienced directors who can keep abreast of trending need-to-know content concerning directors.

Competency Mapping

Others = 3.00 Hours

Programme Facilitator(s)


 

Mr Soh Gim Teik
Audit Committee Chairman, Wilmar International Limited
Partner, Finix Corporate Advisory LLP

Mr. Soh serves as Chairman of the Audit Committee and is a member of the Risk Management Committee, Nominating Committee, and Remuneration Committee of Wilmar International Limited.

In addition to his role at Wilmar, Mr. Soh is a Director of several other listed companies, including Olive Tree Estates Limited and NoonTalk Media Limited. He also holds directorships in several private and public sector organisations, such as, Farrer Park Hospital Pte Ltd and National Healthcare Group Fund where he serves as Board Chairman on both boards. Other boards where he serves as the Audit Committee Chairman include The Farrer Park Company Pte Ltd, Consortium for Clinical Research and Innovation Singapore Pte Ltd, Agency for Science, Technology and Research (A*STAR), and MOH Holdings Pte Ltd.

Outside of his board appointments, Mr Soh is a Disciplinary Committee member of Singapore Exchange Limited, an Investigation and Disciplinary Panel member of ISCA, and a member of the Governing Council of the Old Rafflesians’ Association.

He holds a Bachelor of Accountancy degree from the former University of Singapore.
 

Professor Chua Kim Chiu
Audit Committee Chairman, OCBC Limited
Professor (Practice) in Accounting, NUS Business School

Mr. Chua is a Fellow Chartered Accountant of Singapore and has served as a Professor (Practice) in Accounting at the NUS Business School, National University of Singapore since 2016. He joined academia following his retirement as a partner at PricewaterhouseCoopers, where he enjoyed a distinguished career spanning over 35 years.

Mr. Chua currently serves as Chairman of the Audit Committee at OCBC Bank and Mapletree Pan Asia Commercial Trust.

He holds a Bachelor of Commerce in Accountancy from Nanyang Technological University, and a Bachelor of Commerce and Administration with Honours in Accountancy from Victoria University of Wellington.




Mr 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 the Immediate 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 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. 
 


Upcoming Schedule

Registration is closed

Date & Time

23 May 2025 (11:30 AM - 5:00 PM)

Fee (inclusive of GST)


SGD pricing -

For Members: $ 414.20
For Non-Members: $ 497.04


Programme Facilitator(s)

Team of Professionals (BOD003C)

Venue

60 Cecil Street
ISCA House
Singapore 049709