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
Mohd Hasrin Hanafi Abd Rahman (32006) as a sole proprietor of H&H Vision Consulting had been punished and removed from the register, imposed a fine of RM5000-00 and costs of RM5000-00 by the Disciplinary Committee of the Institute on 13/2/2023 for he had, despite being engaged as an internal auditor of PG Asia Investment Bank Ltd (‘the Bank’) to complete the Bank’s internal audit by 31/3/2022, failed to complete the internal audit assignment as agreed and had continuously failed to respond and update the Bank on the progress of the internal audit, despite numerous follow-ups from the Bank.
Mohd Hasrin Hanafi Abd Rahman (32006) as a sole proprietor of H&H Vision Consulting had been punished and removed from the register, imposed a fine of RM5000-00 and costs of RM5000-00 by the Disciplinary Committee of the Institute on 13/2/2023 for he had, despite being engaged as an internal auditor of First East Export bank (P.L.C) (‘the Bank’) to complete the Bank’s internal audit by 31/3/2022, failed to complete the internal audit assignment as agreed and had continuously failed to respond and update the Bank on the progress of the internal audit, despite numerous follow-ups from the Bank.
Sahril Mintol @ Mansor (19424) as the sole proprietor of non-audit firm, Sahril Associates (‘Firm’) had been punished and imposed a fine of RM3000-00 and costs of RM4000-00 by the Disciplinary Committee on 13/2/2023 for he had on or about 7/6/2022 advertised audit services on his firm’s website and on 28/5/2022 published a recruitment advertisement for senior associate for account/audit on Jobstreet’s website, which is likely to lead the public at large to infer that he and his firm are qualified to provide audit services when he is not allowed to do so, as he does not possess the pre-requisite audit license issued by the relevant authority, and neither is the firm registered as an audit firm with the Institute.
Woo Mun Khean (37303) as a sole proprietor of Ackenting Management Services had been punished and imposed a fine of RM4000-00 and costs of RM4500-00 by the Disciplinary Committee on 20/3/2023 for he had, on 30/1/2018 till 8/11/2018 engaged in and/or provided and/or offered public practice services, among others accounting, tax, audit and company secretarial services without possessing a valid practising certificate issued by the Institute and/or a valid tax licence and audit licence issued by the relevant authority.
Hj. Mohd Nasri Ismail (8371) as a partner of Messrs. MNZWAJA had been punished and imposed a suspension of 3 months effective 1/4/2023, 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 20/3/2023 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Monitoring Review Report dated 20/12/2019 which detailed the weaknesses in the audit work performed.
Hj. Muzammil Hafiz (11443) as a partner of Messrs. MNZWAJA had been punished and imposed a suspension of 3 months effective 1/7/2023, 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 20/3/2023 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Monitoring Review Report dated 20/12/2019 which detailed the weaknesses in the audit work performed.
Hj. Taqiyuddin Amini Abdul Satar (14068) as a partner of Messrs. MNZWAJA had been punished and imposed a suspension of 3 months effective 1/10/2023, 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 20/3/2023 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Monitoring Review Report dated 20/12/2019 which detailed the weaknesses in the audit work performed.
