Arikrishnan Dass Devadas (9376) being the sole proprietor of M/S Ari & Co. (‘the Firm’) had been punished and imposed a fine of RM3.000.00, 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 3/6/2020 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Follow-up Review Report dated 27/9/2017 which detailed the weaknesses in the audit work performed.
Heng Cheng Huai (38246) had been punished and imposed a fine of RM5,000.00 and costs of RM3,000.00 by the Disciplinary Committee of the Institute on 16/6/2020 for handling the tax audit conducted by the Inland Revenue Board on Sastama Sdn. Bhd. in respect of the years of assessment 2012 to 2015 when he is not a registered tax agent and thus would not have been qualified to do so.
Heng Cheng Huai (38246) as the sole proprietor of CH Heng & Co. (‘the Firm’) had been punished and imposed a fine of RM2,000.00 and costs of RM2,000.00 by the Disciplinary Committee of the Institute on 16/6/2020 for having advertised and promoted tax services in the Firm’s website known as http://chhengco.business.site on 15/2/2019 which may lead the public at large to infer that he provides tax service when in fact he does not possess a valid tax agent license issued by the relevant authority.
Tham Kut Cheong (1790) being the sole proprietor of M/S K.C. Tham & Co. (‘the Firm’) had been punished and imposed a fine of RM3,000.00 and costs of RM2,000.00 by the Disciplinary Committee of the Institute on 16/6/2020 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Follow-up Review Report dated 28/3/2018 which detailed the weaknesses in the audit work performed.
Chew Mun Weng (38308) as a sole proprietor of MW Chew & Associates had been punished and imposed a fine of RM3,000.00 and costs of RM2,500.00 by the Disciplinary Committee of the Institute on 23/6/2020 for holding herself out as a member in public practice by providing accounting and secretarial services without holding a valid practicing certificate for the period between 14/4/2015 to 17/8/2018.
Ahmad Khamis Magribi Abdul Rahman (23694) being the officer primarily responsible for the financial management of Java Berhad (‘Java’) had been punished by the Disciplinary Committee of the Institute on 23/6/2020 and was imposed a fine of RM4,000.00, costs of RM2,000.00 and ordered to attend a course relevant to the application of Malaysian Financial Reporting Standards (MFRS) for failing to carry out his duties as a professional accountant with due care and diligence in view of the shortfalls found in the financial statements of Java for the financial year ended 31/12/2016.
Perumal Manimaran (35529) as the director of Future Trend Corporate Advisory Sdn Bhd (‘the Business Entity’) had been punished and imposed a fine of RM3,000.00 and costs of RM2,000.00 by the Disciplinary Committee of the Institute on 7/7/2020 for providing taxation services on or about 18/9/2012 till 26/11/2018 under the Business Entity without holding a valid tax agent license issued by the relevant authority.
