The regulator said Huang, a partner of Deloitte PLT, has failed to design and perform audit procedures involving multi-location audit of the public interest entity and has performed insufficient audit procedures on, among others, group consolidation, construction contracts and goodwill.
PETALING JAYA: The Securities Commission has slapped a RM63,000 fine on Huang Khean Yeong for failing to comply with the International Standards on Auditing when auditing a public interest entity.
The regulator said Huang, a partner of Deloitte PLT, has failed to design and perform audit procedures involving multi-location audit of the public interest entity and has performed insufficient audit procedures on, among others, group consolidation, construction contracts and goodwill.
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