Five audit firms run afoul of board


PETALING JAYA: Five accounting firms were the first to run into trouble with the Audit Oversight Board (AOB) because they had accepted appointments last year as auditors of public interest entities (PIEs) without first registering with the board.

Three listed companies Brite-Tech Bhd, CN Asia Corp Bhd and Mintye Industries Bhd were among those that had engaged these firms when it was illegal for them to act as auditors of PIEs.

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