|
No. |
Nature of Misconduct |
Parties Involved |
Brief Description of Misconduct |
Action Taken |
Date of Action |
|---|---|---|---|---|---|
| 1. | Breach the AOB’s registration condition imposed under Section 31O(4) of the Securities Commission Act 1993 (SCA). | Tan Chin Huat Partner of STYL Associates who was the engagement partner in the audit of a public interest entity (PIE) for the financial year ended 31 December 2010. |
Failure to comply with certain requirements of International Standards on Auditing in discharging his professional duties in the performance of an audit of the PIE. | Reprimand | 19 August 2013 |
| 2. | Breach the AOB’s registration condition imposed under Section 31O(4) of the Securities Commission Act 1993 (SCA). | Yeo Eng Hui Partner of STYL Associates who was the engagement partner in the audit of a public interest entity (PIE) for the financial year ended 31 December 2010. |
Failure to comply with certain requirements of International Standards on Auditing in discharging his professional duties in the performance of an audit of the PIE. | Reprimand | 19 August 2013 |
| 3. | Breach the AOB’s registration condition imposed under Section 31O(4) of the Securities Commission Act 1993 (SCA). | Wong Shan Ty Partner of Ong & Wong who was the engagement partner in the audit of a public interest entity (PIE) for the financial year ended 30 September 2011. |
Failure to comply with certain requirements of International Standards on Auditing in discharging her professional duties in the performance of an audit of the PIE. | Reprimand
|
19 August 2013 |
| 4. | Breach the AOB’s registration condition imposed under Section 31O(4) of the Securities Commission Act 1993 (SCA). | Cheah Choong Keong Partner of C.K. Cheah & Co. who was the engagement partner in the audit of a public interest entity (PIE) for the financial year ended 30 September 2011. |
(i) Failure to comply with certain requirements of International Standards on Auditing in discharging his professional duties in the performance of an audit of the PIE; and
(ii) Failure to comply with certain requirements of the By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants which relate to independence of an auditor in discharging his professional duties. |
(i) Reprimand; and
(ii) Penalty of RM5,000.
|
19 August 2013 |
| 5. | Breach the AOB’s registration condition imposed under Section 31O(4) of the Securities Commission Act 1993 (SCA). | Dr. Abd Halim Bin Husin Partner of Wong Weng Foo & Co. who was the engagement partner in the audit of a public interest entity (PIE) for the financial year ended 30 June 2011. |
Failure to comply with certain requirements of International Standards on Auditing in discharging his professional duties in the performance of an audit of the PIE. | Reprimand | 28 August 2013 |
| 6. | Breach the AOB’s registration condition imposed under Section 31O(4) of the Securities Commission Act 1993 (SCA). | Mohd. Neezal bin Md. Noordin Partner of AljeffriDean who was the engagement partner in the audit of a public interest entity (PIE) for the financial year ended 31 March 2011. | (i) Failure to comply with certain requirements of International Standards on Auditing in discharging his professional duties in the performance of an audit of the PIE; and
(ii) Failure to comply with certain requirements of the By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants which relate to independence of an auditor in discharging his professional duties. |
(i) Reprimand; and
(ii) Penalty of RM10,000. |
28 August 2013 |
