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Auditor penalised for Failure to meet Standards |
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PETALING JAYA: After operating for more than two years, the Audit Oversight Board (AOB) has finally wielded its powers of sanction. The senior partner of a mid-tier accounting firm is the first auditor to be penalised for breaching a condition imposed when he registered with the board.
Last Thursday, Alvin Tee Guan Pian of UHY Malaysia was reprimanded for “failure to comply with the relevant requirements of the recognised auditing standards in Malaysia i.e. the International Standards on Auditing”.
This information was posted on the Securities Commission (SC) website but no press release was issued to publicise this enforcement action.
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[Click here to view the full text] |
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| Source |
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The Star |
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| Date of Publication |
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Saturday, 21 July 2012 |
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| Original Title |
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Auditor penalised for failure to meet standards |
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