A seasoned academician from the School of Business & Administration (SBA) has made WOU proud with the recognition accorded on the global corporate and academic platform.
SBA Assoc Prof Dr Anbalagan Krishan was honoured with a ‘Distinguished Service Award in Management Education’ at ARISE 2021, the 2nd Global Multi-Track Virtual Conference and Special Minds Global Excellence Awards event. The award paid tribute to his 20 years of service in the higher education sector.
The ARISE (Advancing Research for Innovation, Sustainability and Enhancement) event held from 24-26 September 2021 was jointly organised by Special Minds, India, and Kiwi Miles, New Zealand.
The virtual conference brought together academicians, corporate figures, and research scholars and students to share their experiences and insights.
“Throughout my academic career, I have drawn upon my leadership and management roles to contribute extensively to higher education.”
“I regard this award as recognition for the knowledge I seek to deliver to produce quality graduates at both the undergraduate and postgraduate levels.”
Dr Anbalagan was also one of the keynote speakers at the virtual conference that attracted over 300 participants from six continents.
Among the countries represented were Malaysia, Australia, Brazil, Canada, France, Germany, Hong Kong, India, Ireland, Kenya, New Zealand, Philippines, Sri Lanka and USA.
In his presentation titled “The Relationship of Corporate Governance and Audit” for the multi- track on ‘Management and Service’ on 25 September 2021, he defined corporate governance as a system of rules and controls used by the board of directors to oversee a company.
“An acceptable level of corporate governance involves being transparent about providing information to outsiders and ensuring that a strong control system is employed to detect variances.”
An auditor hence has an important role in safeguarding corporate failures and upholding corporate governance standards, he added. He highlighted to the participants the three main functions of an auditor – operational audit; compliance audit; and financial statement audit, which covers corporate governance.
He also shared the need for auditors “to perform an extensive audit on fraud, accountability and, more importantly, to focus on risk and crisis management, and mitigation planning”.
Dr Anbalagan, in his address, recommended for future researches in Malaysia to focus on empirical data on the role and function of auditors in relation to corporate governance audit.