Decisions of the Disciplinary Committee of the Malaysian Institute of Accountants (‘Institute’) against members pursuant to Rule 18(1) of the Malaysian Institute of Accountants (Disciplinary) Rules 2002
Wong Siew Chow (1093) as the sole proprietor of Messrs. Wong Siew Chow & Co (‘the Firm’) had been punished and imposed a fine of RM4,000-00, costs of RM2,000-00 and ordered to attend a course conducted by the Institute on Audit Quality Enhancement Programme by the Disciplinary Committee of the Institute on 19 December 2018 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Follow-up Review Report dated 27 September 2017 which detailed the weaknesses in the audit work performed.
Pang Ah Kow (4180) as the sole proprietor of Messrs. A.K. Pang & Co (‘the Firm’) had been punished and imposed a fine of RM4,000-00, costs of RM2,000-00 and ordered to attend a course conducted by the Institute on Audit Quality Enhancement Programme by the Disciplinary Committee of the Institute on 19 December 2018 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Follow-up Review Report dated 23 May 2017 which detailed the weaknesses in the audit work performed.
Thiang Kai Goh (764) a partner of Messrs. B T Teh, Thiang & Co. (‘the Firm’) had been punished and imposed a fine of RM3,000-00 and costs of RM2,000-00 and ordered to attend a course conducted by the Institute on Audit Quality Enhancement Programme by the Disciplinary Committee of the Institute on 19 December 2018 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Follow-up Review Report dated 30 September 2016 which detailed the weaknesses in the audit work performed.
Chiew Yee Foong (2187) a partner of Messrs. Y. F. Chiew & Co. (‘the Firm’) had been punished and imposed a fine of RM3,000-00 and costs of RM2,500-00 and ordered to attend a course conducted by the Institute on Audit Quality Enhancement Programme by the Disciplinary Committee of the Institute on 19 December 2018 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Follow-up Review Report dated 10 June 2015 which detailed the weaknesses in the audit work performed.
Lim Kai Siang (5984) as the sole proprietor of Messrs. Lim Kai Siang & Co (‘the Firm’) had been punished and imposed a fine of RM3,000-00, costs of RM2,000-00 and ordered to attend a course conducted by the Institute on Audit Quality Enhancement Programme by the Disciplinary Committee of the Institute on 11 January 2019 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Follow-up Review Report dated 23 May 2017 which detailed the weaknesses in the audit work performed.
Alvin Lau Lee Jen (13153) as the sole proprietor of Messrs. Lau Hoi Chew & Co (‘the Firm’) had been punished and imposed a fine of RM3,000-00, costs of RM2,000-00 and ordered to attend a course conducted by the Institute on Audit Quality Enhancement Programme by the Disciplinary Committee of the Institute on 11 January 2019 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Follow-up Review Report dated 21 December 2017 which detailed the weaknesses in the audit work performed.
Lau Kah Tiew (3074) as the sole proprietor of Messrs. K. T. Lau & Co (‘the Firm’) had been punished and imposed a fine of RM3,000-00, costs of RM2,000-00 and ordered to attend a course conducted by the Institute on Audit Quality Enhancement Programme by the Disciplinary Committee of the Institute on 11 January 2019 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Follow-up Review Report dated 2 June 2016 which detailed the weaknesses in the audit work performed.
