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 Chin Fah (6378) as a partner of Messrs. KBCF Tan (‘the Firm’) had been punished and imposed a suspension of 3 months effective 1/11/2021, 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 27/8/2021 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Monitoring Review Report dated 23/12/2019 which detailed the weaknesses in the audit work performed.
Datuk Tan Kim Beng (3451) as a partner of Messrs. KBCF Tan (‘the Firm’) had been punished and imposed a suspension of 3 months effective 1/11/2021, 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 27/8/2021 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Monitoring Review Report dated 23/12/2019 which detailed the weaknesses in the audit work performed.
Ho Ruenn Li (16371) as then a partner of Messrs. CN & Associates (‘the Firm’) had been punished and imposed a suspension of 3 months effective 1/11/2021, 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 27/8/2021 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Monitoring Review Report dated 26/4/2019 which detailed the weaknesses in the audit work performed.
N. Chanthiran Nagappan (8135) as the sole proprietor of Messrs. CN & Associates (‘the Firm’) had been punished and imposed a suspension of 6 months effective 1/11/2021, 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 27/8/2021 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Monitoring Review Report dated 26/4/2019 which detailed the weaknesses in the audit work performed.
