KUALA LUMPUR: Auditors and audit firms need to improve their auditing techniques and their oversight policies and procedures, said UK-based International Forum of Independent Audit Regulators (Ifiar).
Referring to the findings of the first global survey on audit regulators, conducted by Ifiar, Audit Oversight Board (AOB) Malaysia executive chairman Nik Mohd Hasyudeen Yusoff said this was an eye opener for stakeholders in the financial reporting value chain.
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