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Business 23 Oct 2013 | 6:45 AM

Deloitte pays US$2mil for audit rule violations

WASHINGTON: Accounting giant Deloitte & Touche will pay a US$2 million penalty to settle civil charges that it allowed a suspended auditor to continue working in the firm's public company audit practice, the U.S. audit watchdog said Tuesday.

Community 19 Oct 2013 | 12:00 AM

Instacom to seek shareholder approval regarding appointment of new auditor

KUCHING: Instacom Group Bhd is seeking shareholder approval for the appointment of a new auditor at an extraordinary general meeting (EGM) on Nov 1.

Business 21 Sep 2013 | 12:00 AM

Keep the explanations coming

SO NOW we know why two large shareholders and board members of Karyon Industries Bhd have requisitioned for an extraordinary general meeting (EGM) to boot out the company’s auditors.

Business 07 Sep 2013 | 12:00 AM

MIA supports AOB’s move to reprimand auditors

From Johan Idris, President, Malaysian Institute of Accountants & Partner KPMG.

Business 31 Aug 2013 | 12:00 AM

Name those PIEs

In this month’s rash of reprimands of auditors, it’s unhelpful that the listed companies involved aren’t identified.

Business 29 Aug 2013 | 12:00 AM

Audit Oversight Board reprimands two auditors

KUALA LUMPUR: The Audit Oversight Board (AOB) has reprimanded two auditors for failing to discharge their professional duties as set out in the International Standards on Auditing (ISA).

World 22 Aug 2013 | 6:16 PM

Rampant police corruption harms Liberia's progress - report

WASHINGTON, Aug 22 (Thomson Reuters Foundation) - Rampant police corruption is impeding Liberia's development a decade after its 14-year civil war ended, and abuses should be reined in as the United Nations scales back its presence in the West African country, Human Rights Watch said.

Business 20 Aug 2013 | 12:00 AM

Audit Oversight Board takes four auditors to task

KUALA LUMPUR: The Audit Oversight Board (AOB) has reprimanded four auditors for failing to discharge their professional duties as set out in the International Standards on Auditing.

World 18 Jul 2013 | 10:15 AM

Families of Newtown shooting victims to each receive $281,000 in donated funds

MILFORD, Connecticut (Reuters) - Families of 20 children and six adults killed in the mass shooting at a Connecticut elementary school each will receive $281,000 (184,860 pounds) from the $11.4 million in donations, an oversight board said on Wednesday.

Business 16 Jul 2013 | 12:00 AM

Malaysia's Audit framework lauded by European Commission

KUALA LUMPUR: Malaysia’s audit framework has been acknowledged by the European Commission as being on par with international and best practices, with its rules pertaining to public oversight, quality assurance, investigation and penalty systems for auditors and audit, equivalent to theirs.