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
Ten Jia Sheng (44721) as the partner of JSC Corporate Advisory PLT (‘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 22/9/2021 for advertising, promoting and/or representing in the Firm’s Facebook account known as https://www.facebook.com/JSCCorporate/ on or about 13/7/2020 that the Firm is in the business of offering, amongst others, auditing and tax services, which may lead the public at large to infer that he is qualified to offer auditing and tax services, when in fact he does not possess a valid audit and tax agent license issued by the relevant authority.
Chow Yee Min (46521) as the sole-proprietor of Chow & Co (‘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 22/9/2021 for advertising, representing and/or promoting in the Firm’s website known as https://cco-advisory.com/ and Facebook page known as www.facebook.com/cco2u on or about 24/7/2020 that he is in the business of providing audit and taxation services, which may lead the public at large to infer that the he is qualified to provide audit and tax services when in fact the Firm is a non-audit firm and he does not possess a valid audit and/or tax licence issued by the relevant authority.
Low Huan Seng (35465) as in his capacity as one of the directors of Klozer Consultancy Services Sdn Bhd (‘Klozer Consultancy’) and Klozer Advisory Services Sdn Bhd (‘Klozer Advisory’) had been punished and imposed a fine of RM4000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 22/9/2021 for advertising the provision of audit services via Klozer Group of Companies’ website at http://klozer.co.my and on Jobstreet to the public at large as at 18/9/2019. The said advertisements would lead the public at large to infer that he is qualified to provide audit services when he in fact does not possess a valid audit licence issued by the Ministry of Finance to qualify him to provide such services.
Lim Chun Hong (38700) as the director of Pro Specialist Advisory 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 22/9/2021 for advertising, promoting and representing amongst others audit and tax services in the advertisement made in relation to the Company in its Facebook page known as facebook.com/prospecialistgroup, JobStreet.com.my and few other job recruitment websites such as www.monster.com.my and www.jobcity.my respectively on or about 5/2/2020, which may lead the public at large to infer that he offers audit and tax services which are public practice services when he in fact does not possess a valid audit and tax agent license issued by the relevant authority.
Teh Han Leing (31834):
- in his capacity as one of the partners of Business Advisory Services PLT (‘BAS’) had been punished and imposed a fine of RM5000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 22/9/2021 for being in practice with a non-member of the Institute from 21/5/2019 to 11/11/2019.
- in his capacity as one of the partners of Business Advisory Services PLT (‘BAS’) had been punished and imposed a fine of RM2000-00 by the Disciplinary Committee of the Institute on 22/9/2021 for advertising, promoting and/or representing misleading information via BAS’s website at https://bas.com.my by describing itself as full-service accounting firm equipped with a team of professional accountants and further declared on BAS’s Facebook account that the BAS is a member firm of MIA offering public practice services among others secretarial, accounting, audit, and tax services as at 13/2/2020. The said advertisements or publications would lead the public at large to infer that he is authorised to provide public practice services being a member firm of MIA.
- in his capacity as one of the partners of Business Advisory Services PLT (‘BAS’) had been punished and imposed a fine of RM2000-00 by the Disciplinary Committee of the Institute on 22/9/2021 for advertising the provision of audit services via BAS’s Website at https://bas.com.my and Facebook account to the public at large as at 13/2/2020. The said advertisements would lead the public at large to infer that he is qualified to provide audit services when he in fact does possess a valid audit licence issued by the Ministry of Finance to qualify you to provide such services.
Yee Pui Wah (21584):
- in his capacity as one of the directors of Klozer Advisory Services Sdn Bhd (‘Klozer Advisory’) had been punished and imposed a fine of RM4000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 22/9/2021 for advertising the provision of accounting, bookkeeping and audit services via Klozer Group of Companies’ website at http://klozer.com.my and the provision of accounting and secretarial services via Klozer Group of Companies’ Facebook account as at 18/9/2019 where in fact he does not have a valid practising certificate to be deemed as a member in public practice to provide such services.
- in his capacity as one of the directors of Klozer Advisory Services Sdn Bhd (‘Klozer Advisory’) had been punished and imposed a fine of RM4000-00 by the Disciplinary Committee of the Institute on 22/9/2021 for advertising the provision of audit services via Klozer Group of Companies’ website at http://klozer.com.my as at 18/9/2019 where in fact he does not have a valid audit licence issued by the Ministry of Finance to qualify him to provide and/or advertise audit services.
Lim See Wei (34203) as the partner of Messrs. Steve & Ting Accounting (‘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 22/9/2021 for advertising, promoting and/or representing in 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 on or about 8/1/2020 which may lead the public at large to infer that he is qualified to provide auditing and tax services, when in fact he does not possess a valid audit and tax agent license issued by the relevant authority.
