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
Tan Pea Fun (32307) as the director of Bispoint Management Consultants Sdn Bhd (‘BMC’), Bispoint Acc Services Sdn Bhd (‘BAS’) and Bispoint Corporate Solution Sdn Bhd (‘BCS’) had been punished and imposed a fine of RM4000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 8/2/2021 for having advertised on or about 15/8/2019 on the career portal named Xremo under the name of BMC that she is in the business of providing audit and taxation services and on https://www.bispointgroup.com under the name of BAS and BCS, that she is in the business of providing taxation services, when in fact, she does not possess a valid audit and/or tax licence issued by the relevant authority.
Kok Yoong Jien (39598) as the director of Bispoint Corporate Solution Sdn Bhd (‘BCS’) had been punished and imposed a fine of RM4000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 8/2/2021 for having advertised on or about 15/8/2019 on the website known as https://www.bispointgroup.com under the name of BCS that he is in the business of providing taxation services when in fact, he does not possess a valid tax licence issued by the relevant authority.
Hizatul Haryati Hassan (14654) :
- as the director of HHaryati Hassan & Associates 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 8/2/2021 for practicing and/or holding herself out as a member in public practice to the general public despite not holding a valid practising certificate issued by the Institute from 2/4/2009 till 19/9/2019.
- as the director of HHaryati Hassan & Associates Sdn. Bhd (‘the Company’) had been punished and imposed a fine of RM4000-00 by the Disciplinary Committee of the Institute on 8/2/2021 for having advertised on or about 7/8/2019 on the Company’s website known as http://hharyatihassan.com/ that the Company is in the business of providing, amongst others, company secretarial, accounting, auditing and tax services, which may lead the public at large to infer that she provides these services when in fact, she does not possess a valid audit and/or tax licence issued by the relevant authority.
Yap Wee Yee (45294) :
- as the as the partner of Wanconnect Advisory PLT (‘WAP’) had been punished and imposed a fine of RM4000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 8/2/2021 for holding herself out as a member in public practice as confirmed by the WAP’s advertisement in its website at http://wanconnect.com.my/ without her, holding a valid practicing certificate issued by the Instiute for the period between 21/3/2019 to 5/9/2019.
- as the partner of Wanconnect Advisory PLT (‘WAP’) had been punished and imposed a fine of RM4000-00 by the Disciplinary Committee of the Institute on 8/2/2021 for having advertised on about 29/8/2019 on the WAP’s website at http://wanconnect.com.my/ that she is in the business of providing accounting, assurance and taxation services when in fact, she does not possess a valid practicing certificate, audit and/or tax licence issued by the relevant authority.
Yap Wan Ching (33366) :
- as the as the partner of Wanconnect Advisory PLT (‘WAP’) had been punished and imposed a fine of RM4000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 8/2/2021 for holdig herself out as a member in public practice as confirmed by the WAP’s advertisement in its website at http://wanconnect.com.my/ without her holding a valid practicing certificate issued by the Institute for the period between 21/1/2014 to 5/9/2019.
- as the partner of Wanconnect Advisory PLT (‘WAP’) had been punished and imposed a fine of RM4000-00 by the Disciplinary Committee of the Institute on 8/2/2021 for having advertised on or about 29/8/2019 on the WAP’s website at http://wanconnect.com.my/ that she is in the business of providing accounting, assurance and taxation services when in fact, she does not possess a valid practicing certificate, audit and/or tax licence issued by the relevant authority.
Ho Sze Ting (45032) as the partner of Messrs. Steve & Ting Accounting (NF1926) (‘the Firm’) had been punished and imposed a fine of RM4000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 9/3/2021 for having advertised and promoted on or about 8/1/2020 on the Firm’s Facebook account i.e. facebook.com/Steve-Ting-Accounting and on the signboard displayed at the Firm’s office that the Firm is in business of offering, amongst others, auditing and tax services, which may lead the public at large to infer that she is qualified to provide auditing and tax services when in fact, she does not possess a valid audit and tax licence issued by the relevant authority.
Yap Oon Jin (39434) :
- as the partner of Maiden Management Services (‘the Business Entity’) had been punished and imposed a fine of RM5000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 9/3/2021 for allowing two persons to be his partners in the Business Entity to practice as Chartered Accountant without them being a member of the Institute for the period between 28/10/2017 to 23/7/2019.
- as the partner of Maiden Management Services (‘the Business Entity’) had been punished and imposed a fine of RM4000-00 by the Disciplinary Committee of the Institute on 9/3/2021 for holding himself out as a member in public practice as confirmed in Form P of the Business Entity for year of assessment 2018 submitted to IRB and invoices issued to his clients for the payment of accounting and tax related work fee for 2017 without him holding a valid practicing certificate issued by the Institute for the period between 28/10/2017 to 23/7/2019.
Ng Sze Yen (37663) :
- in her capacity as a chartered accountant and a partner of YH & Co. had been punished and imposed a fine of RM4000-00 and costs of RM5000-00 by the Disciplinary Committee of the Institute on 9/3/2021 for having engaged and/or provided public practice services, i.e. accounting, bookkeeping and taxation services on 1/3/2018 without possessing a valid practising certificate issued by the Institute and/or a valid tax license issued by the relevant authority under Section 153 (1) of the Income Tax Act 1967.
- in her capacity as a partner of YH & Co. had been punished and imposed a fine of RM4000-00 by the Disciplinary Committee of the Institute on 9/3/2021 for having advertised on or about 26/3/2018 in the local newspaper, namely the Daily Express and via social media, i.e. Facebook promoting accounting, bookkeeping and taxation services, which may lead the public at large to infer that she provides public practice services when she in fact does not possess a valid practising certificate issued by the Institute.
Ho Kah Sing (3988) :
- being the sole proprietor of Messrs. K.S. Ho & Co (‘the Firm’) had been punished and imposed a suspension of 3 months effective 1/7/2021, fine of RM5000-00, costs of RM4000-00 and ordered to attend a course conducted by the Institute on Audit Quality Enhancement Program by the Disciplinary Committee of the Institute on 30/3/2021 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Monitoring Review Report dated 10/6/2019 which detailed the weaknesses in the audit work performed.
- being the sole proprietor of Messrs. K.S. Ho & Co (‘the Firm’) had been punished and imposed a fine of RM5000-00 by the Disciplinary Committee of the Institute on 30/3/2021 for not maintaining any staff under the Firm’s payroll as indicated in Appendix 1 of the Monitoring Review Report dated 10/6/2019 issued to the Firm by the Institute’s Practice Review Committee.
Chin Yoong Mun (11000) as the sole proprietor of Messrs YM Chin and Associates (‘the Firm’) had been punished and imposed a suspension of 3 months effective 1/7/2021, fine of RM5000-00, costs of RM4000-00 and ordered to attend a course conducted by the Institute on Audit Quality Enhancement Program by the Disciplinary Committee of the Institute on 30/3/2021 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Monitoring Review Report dated 17/9/2019 which detailed the weaknesses in the audit work performed.
Yeo Han Gee (3923) as the sole proprietor of Messrs Yeo, Lim & Co (‘the Firm’) had been punished and imposed a suspension of 3 months effective 1/7/2021, fine of RM5000-00, costs of RM4000-00 and ordered to attend a course conducted by the Institute on Audit Quality Enhancement Program by the Disciplinary Committee of the Institute on 30/3/2021 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Monitoring Review Report dated 21/3/2019 which detailed the weaknesses in the audit work performed.
Ng Chong Yan (19096) as the sole proprietor of Messrs. C. Y. Ng & Co (‘the Firm’) had been punished and imposed a suspension of 3 months effective 1/7/2021, fine of RM5000-00, costs of RM4000-00 and ordered to attend a course conducted by the Institute on Audit Quality Enhancement Program by the Disciplinary Committee of the Institute on 30/3/2021 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Monitoring Review Report dated 17/9/2019 which detailed the weaknesses in the audit work performed.
