SC reprimands Nexia SSY for violating audit standards


KUALA LUMPUR: The Securities Commission’s (SC) Audit Oversight Board (AOB) has publicly reprimanded accounting firm Nexia SSY PLT and its audit partners Michelle Yong Voon Sze and Jayapalasingam Kandiah.

“As the Engagement Partner responsible for the audit of a public-interest entity (PIE), Yong has failed to perform sufficient audit procedures and obtain sufficient audit evidence to support the basis for the qualified opinion in the auditor’s report.

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