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.
Lim Tau Tat (30634) as thesole proprietor of Messrs. LTT (‘the Firm’) had been punished and imposed a fine of RM3000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 10/11/2022 for he had on or about 5/5/2021 and 30/6/2021 advertised, promoted and/or represented the provision of tax services in the Firm’s Facebook account known as https://www.facebook.com/ltt.chartered.accountants/ and the provision of internal audit services in the Firm’s website known as https://www.lttac.com.my, which may lead the public at large to infer that he and the Firm offer and/or provide audit and tax services which are public practice services when he is not allowed to provide these services as he does not possess a valid audit and tax agent license issued by the relevant authority.
Choo Hui Ting (27289) as the director of Solaris Corporate Services Sdn. Bhd (‘the Company’) had been punished and imposed a fine of RM3000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 10/11/2022 for she had on 11/3/2020 advertised, promoted and/or represented the provision of tax and audit services on the Company’s Facebook account known as https://www.facebook.com/Solaris-Corporate-Services-Sdn-Bhd-257803838435511/ which may lead the public at large to infer that she and the Company offer and/or provide tax and audit services which are public practice services when she is not allowed to provide these services as she does not possess a valid tax agent and audit license issued by the relevant authority.
To Peng Koon (16870) a partner of Messrs. TCMK Associated (‘the Firm’) had been punished and imposed a suspension of 3 months effective 1/12/2022, 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 10/11/2022 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Monitoring Review Report dated 26/8/2020 which detailed the weaknesses in the audit work performed.
Tan Teng Chai (14291) a partner of Messrs. TCMK Associated (‘the Firm’) had been punished and imposed a suspension of 3 months effective 1/3/2023, 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 10/11/2022 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Monitoring Review Report dated 26/8/2020 which detailed the weaknesses in the audit work performed.
Kirupanandan Murugesu (1264) a partner of Messrs. TCMK Associated (‘the Firm’) had been punished and imposed a suspension of 3 months effective 1/6/2023, 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 10/11/2022 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Monitoring Review Report dated 26/8/2020 which detailed the weaknesses in the audit work performed.
Kartini Adris (35698) as one of the partners of Kartini & Associates (‘the Business’) had been punished and imposed a fine of RM4000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 2/12/2022 for she had on or about 19/3/2020 advertised in the Business’ Facebook page the provision of accounting, auditing services and had used the wording of chartered accountant, auditor and advisory, whilst in her Business’ signage, had used MIA’s logo and written as Chartered Accountant, Auditor and further had advertised the provision of accounting, auditing, and taxation services which is likely to lead the public at large to infer that she and her Business are qualified to provide public practice services when she is not allowed to do so, as she does not possess the pre-requisite audit and tax license nor a valid Practicing Certificate issued by the relevant authority, and neither the Business is an audit firm nor a non-audit firm registered with MIA.
Lee Chong Leng (26856) :
- as the director of Messrs. Lee & Lim Accounting Consultants Sdn. Bhd. (‘LLAC’), Messrs. Lee & Lim Tax Consultants (‘LLTC’) and Messrs. Lee & Lim GST Consultants Sdn. Bhd. (‘LLGC’) had been punished and imposed a fine of RM2000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 2/12/2022 for he had made a misleading disclosure on the website of Messrs. Lee & Lim as of 19/3/2020, by stating that Messrs. Lee & Lim [a Group of Companies consisting of LLAC, LLTC, LLGC, Lee & Lim Consultants Sdn. Bhd. (‘LLC’) and Messrs. Abd. Halim & Associates) (‘AHA’)] is an accounting firm registered with the Institute, when in fact Messrs. Lee & Lim is neither an audit nor a non-audit firm registered with the Institute.
- as the director of Messrs. Lee & Lim Accounting Consultants Sdn. Bhd. (‘LLAC’), Messrs. Lee & Lim Tax Consultants (‘LLTC’) and Messrs. Lee & Lim GST Consultants Sdn. Bhd. (‘LLGC’) had been punished and imposed a fine of RM2000-00 by the Disciplinary Committee of the Institute on 2/12/2022 for he had on or about 19/3/2020 advertised, promoted and/or represented the provision of audit service on the website of Messrs. Lee & Lim [a Group of Companies consisting of LLAC, LLTC, LLGC, LLC and AHA] known as www.leenlim.com.my which may lead the public at large to infer that he and Messrs. Lee & Lim offer and/or provide audit service which is a public practice service when he is not allowed to provide audit service as he does not possess a valid audit license issued by the relevant authority.
