Call for more auditor diligence and scepticism


SC chairman Datuk Syed Zaid Albar (pic)said high-quality audits promoted integrity and ensured investor protection while contributing to better corporate governance in public interest entities.

KUALA LUMPUR: The Securities Commission’s (SC) Audit Oversight Board (AOB) has urged auditors to be more diligent and exercise appropriate professional scepticism in conducting audits to improve the financial reporting ecosystem amid the ongoing economic uncertainties due to the Covid-19 pandemic.

SC chairman Datuk Syed Zaid Albar said high-quality audits promoted integrity and ensured investor protection while contributing to better corporate governance in public interest entities.

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