SC takes action against JAP and its partner

JAP and Hilmy have breached the Malaysian Institute of Accountants by-laws on professional ethics, conduct and practice relating to the provision of prohibited services. JAP and Hilmy have appealed to the SC against the sanctions imposed by the AOB.

KUALA LUMPUR: The Securities Commission’s (SC) audit oversight board (AOB) has taken action against audit firm Jamal, Amin and Partners (JAP), and its partner Ahmad Hilmy Johari for failing to comply with AOB’s registration condition, which requires registered auditors to meet international auditing and ethical standards.

JAP and Hilmy have breached the Malaysian Institute of Accountants by-laws on professional ethics, conduct and practice relating to the provision of prohibited services.