Investigative audits common among listed companies

MALAYSIA has seen only small-scale forensic accounting cases, mostly in the form of investigation audits done on Practice Note 17 companies, which has surged since 2000.

So, the call on the Auditor-General to undertake a forensic audit on the government-owned fund –1Malaysia Development Bhd (1MDB) will be the largest by far in Malaysia’s corporate history.

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Business , investigative audit , PN17 , CMSA 2007 , 317A , BMF , Oilcorp


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