Decisions of the Disciplinary Committee of Malaysian Institute of Accountants (‘Institute’) against members pursuant to Rule 18(1) of the Malaysian Institute of Accountants (Disciplinary) Rules 2002
Anizah Binti Ishak @ Hak (26718):
- as a partner of A & K Tax Consultants (‘the Business’) had been punished and imposed a fine of RM1000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 12/10/2020 for allowing a non-member of the Institute to be her partner to practise in the public practice services from 11/9/2006 till 9/8/2019.
- as a partner of A & K Tax Consultants (‘the Business’) had been punished and imposed a fine of RM4000-00 by the Disciplinary Committee of the Institute on 12/10/2020 for practicing and/or holding herself out as a member in public practice by acting as a company secretary of Pusat Latihan Memandu Intensif Sdn. Bhd. without holding a valid practising certificate issued by the Institute from 10/6/2014 till 23/9/2018.
Ng Hui Tin (39200):
- as a member of the Institute and in her capacity as one of the partners of Sino Management PLT had been punished and imposed a fine of RM4000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 12/10/2020 for offering or promoting and/or providing public practice services, among others accounting, bookkeeping, audit activities and tax consultancy services on or between 1/7/2015 to 19/9/2018 without possessing a valid practising certificate issued by the Institute and/or licences issued by the relevant authority.
- as a member of the Institute and in her capacity as one of the partners of Sino Management PLT had been punished and imposed a fine of RM4000-00 by the Disciplinary Committee of the Institute on 12/10/2020 for practicing with persons who are non-members of the Institute on or between 1/7/2015 to 23/11/2018.
- as a member of the Institute and in her capacity as one of the partners of Sino Management PLT had been punished and imposed a fine of RM4000-00 by the Disciplinary Committee of the Institute on 12/10/2020 for advertising on a website known as https://www.bizmalay.com as offering or promoting and/or providing public practice services, among others accounting, bookkeeping, audit activities and tax consultancy services, thus leading the public at large to infer that she is authorised to provide public practice services when she in fact does not possess a valid practising certificate issued by the Institute nor possess a valid audit and tax licence issued by the relevant authority.
Mohd Azuwan Khalidi (27476) as the director of Che Wan Consultancy Sdn. Bhd. (‘the Company’) had been punished and imposed a fine of RM4000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 12/10/2020 for advertising and promoting auditing services in the Company’s webpage known as www.chewan.com.my on or about 10/7/2018 which may lead the public at large to infer that he provides audit services when he in fact, does not posses a valid audit license issued by the relevant authority.
Cheing Boon Ngoun (2429) being the sole proprietor of Messrs. Bahudin Cheing & Co (‘the Firm’) had been punished and imposed a suspension of 3 months effective 1/1/2021, fine of RM5000-00, costs of RM4000-00, ordered the Practicing Certificate to be cancelled for 3 months effective 1/1/2021 and ordered to attend a course conducted by the Institute on Audit Quality Enhancement Program by the Disciplinary Committee of the Institute on 22/10/2020 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Monitoring Review Report dated 28/6/2019 which detailed the weaknesses in the audit work performed.
Mohd Zamzuri Darus (14347) as a member of the Institute and as a sole proprietor of Messrs. Zamzuri & Co had been punished and imposed a fine of RM5000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 22/10/2020 for failing to adhere to the requirements of Section 550 of the By-Laws of the Institute and its Statement on Practice Review to submit the Remedial Action Plan, Root Causes Analysis and Certification on Completeness despite a reminder to so.
Anthony J. Skelchy (262), as the statutory auditor of CNLT (Far East) Berhad (‘CNLT’) for the financial year ended 31/12/2007 had been punished and imposed a fine of RM5000-00, costs of RM4000-00 and ordered to attend a course relevant to the application of International Standards on Auditing by the Disciplinary Committee of the Institute on 3/11//2020 for failing to carry out his professional duties with due care and diligence during the audit of the financial statements of CNLT for the said financial year, in which he had failed to verify the various material amounts of write-down and write-off as disclosed in the financial statements of CNLT.
Decision of the Disciplinary Committee of Malaysian Institute of Accountants (‘Institute’) against member pursuant to Rule 18(2) of the Malaysian Institute of Accountants (Disciplinary) Rules 2002
Pursuant to Rule 18(2) of the Malaysian Institute of Accountants (Disciplinary) Rules 2002, the Disciplinary Committee of the Institute on 3/11/2020 after having conducted a due inquiry and satisfied that Venkiteswaran Sankar (747) has been declared bankrupt before High Court of Kuala Lumpur, ordered his name be removed from the register and that he ceased to be a member of the Institute.
