Research on the Governance of Cooperatives

We received a letter from one senior auditor requesting ARI & UiTM to conduct research on the governance of cooperatives in Malaysia. Well, this is a good area to research on. The financial reporting standard of cooperatives is fairly "loose" and there's a dire need to develop one. Perhaps researchers from the Financial Reporting Research Centre can undertake research on this topic. Details on the request is available with ARI.