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PETALING JAYA: After operating for more than two years, the Audit Oversight Board (AOB) has finally wielded its powers of sanction. The senior partner of a mid-tier accounting firm is the first auditor to be penalised for breaching a condition imposed when he registered with the board.
Facebook on Wednesday announced the first members of its independent "supreme court" empowered to make binding decisions about what content should be allowed or removed at the social network and Instagram.
KUALA LUMPUR: The Audit Oversight Board (AOB), which has issued its third annual report, has urged audit firms to focus on the actual root causes of their audit deficiencies in formulating remediation plans to improve audit quality.