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TECH 28 Jun 2016 | 5:24 AM

US senator, opposing FBI email data grabs, places hold on spy bill

A Democratic senator prevented legislation from being quickly considered that would expand the FBI's power to use secretive surveillance orders to obtain some Internet records, arguing it would lead to a "dramatic erosion" of US privacy rights.

Business 21 May 2016 | 12:00 AM

Sizing up the changes in auditors

IN the Audit Oversight Board’s scheme of things, an audit firm is either one of a few large players or it belongs with the rest.

Corporate News 10 May 2016 | 10:58 AM

Audit firms must ensure better quality quality control systems

KUALA LUMPUR: Audit firms need to do more to ensure that their quality control systems are more effective, says the Audit Oversight Board (AOB).

TECH 30 Mar 2016 | 6:30 AM

Spy chiefs tell US lawmakers plan to share raw data protects privacy

American spy chiefs have told congressmen that a plan to allow the National Security Agency to share more raw eavesdropping reports with other agencies will not be unlawful and will protect the privacy rights of US citizens.

Business 28 Jan 2016 | 12:00 AM

SC can protect witnesses’ statements

KUALA LUMPUR: The Federal Court has ruled in favour of the Securities Commission’s (SC) appeal to protect statements provided by its witnesses, hence overturning the decision of the Court of Appeal.

Corporate News 27 Jan 2016 | 1:56 PM

Court of Appeal strikes out Crowe Horwarth’s suit against SC

KUALA LUMPUR: The Court of Appeal has allowed the Securities Commission’s (SC) application to strike out the suit filed by Crowe Horwath and two of its partners, Onn Kien Hoe and Lee Kok Wai.

Opinion 23 Jan 2016 | 12:00 AM

The tiny but mighty shareholder

WHO says minority shareholders are a helpless lot? How can that be true when a person with a minuscule number of shares in a listed company became the only one to nominate the new external auditors for the company? And he didn’t even have to explain why he did so.

Business 19 Dec 2015 | 12:00 AM

Japan to fine Toshiba auditor over scandal

TOKYO: Japan’s financial regulator will punish an Ernst & Young affiliate next week after its audit of Toshiba Corp failed to detect the country’s worst accounting scandal in four years, according ti a person familiar with the process.

Corporate News 18 Dec 2015 | 6:41 AM

Japan to fine Toshiba auditor, suspend business over scandal

TOKYO: Japan's financial regulator will punish an Ernst & Young affiliate next week after its audit of Toshiba Corp failed to detect the country's worst accounting scandal in four years, a person familiar with the process said on Friday.

Business 03 Dec 2015 | 12:00 AM

AOB revokes registration of audit firm and its partners

PETALING JAYA: The Audit Oversight Board (AOB) has revoked the registration of audit firm Wong Weng Foo & Co, along with its managing partner and partner, Wong Weng Foo and Abdul Halim Husin respectively, effective since yesterday.