QL Resources Berhad (428915-X)
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Directors are required by Company Act, 1965 to prepare financial statement for each financial year which give a true and
fair view of the state of affairs of the Group and of the Company at the end of the financial year and of the results of the
Group and of the Company for the financial year then ended.
In preparing those financial statements, the Directors have:
•
adopted and consistently applied suitable accounting policies;
•
made judgements and estimates that are prudent and reasonable;
•
ensured applicable financial reporting standards have been followed, subject to any material departures disclosed and
explained in the financial statements; and
•
prepared it on the going concern basis unless it is inappropriate to presume that the Group and the Company will
continue in business.
The Directors are responsible in ensuring proper accounting records are kept, which disclose with reasonable accuracy at
any time the financial position of the Group and of the Company and to enable them to ensure that the financial statements
comply with the Companies Act, 1965. The Directors are also responsible to take such steps to safeguard the assets of the
Group and of the Company and hence, the prevention and detection of fraud and other irregularities.
STATEMENT OF DIRECTORS’ RESPONSIBILITY
