Internal Control
The board of directors is responsible for ensuring that the Company has adequate internal controls and formalized routines to make sure that approved principles for financial reporting and internal controls are applied, and that the Company’s financial reports are produced in accordance with legislation, applicable accounting standards and other requirements for listed companies.
G5 Entertainment defines internal control as a process that is governed by the board, the executive management, and other employees. G5’s internal control is designed to provide reasonable assurance that G5 achieves its objectives of purposeful, effective operation, reliable financial reporting, and compliance with legislation, applicable accounting standards and other requirements for listed companies.