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Business 16 Jul 2012 | 12:00 AM

Auditor penalised for failure to meet standards

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.

Business 09 Nov 2012 | 12:00 AM

Audit board raps two for breach

PETALING JAYA: The Audit Oversight Board (AOB) has reprimanded auditors Alvin Tee Guan Pian and Liew Tip Chan for breaching the board's registration conditions under section 310(4) of the Securities Commssion Act 1993.

Business 21 Jul 2012 | 12:00 AM

A time for professional scepticism

FINALLY, the Audit Oversight Board (AOB) has imposed its first sanction. On July 12, more than two years after it had been set up, the board reprimanded Alvin Tee Guan Pian, the senior partner of accounting firm UHY Malaysia.

Nation 11 Aug 2017 | 12:00 AM

More scrutiny in handling financials

ANYONE preparing reports containing financial information for organisations like banks, unit trust schemes or corporations listed on the stock exchange will be scrutinised by the Securities Commissions Audit Oversight Board.

Nation 08 Aug 2017 | 12:00 AM

Securities Commission amendments tabled

THOSE preparing reports with financial information for organisations such as banks, unit trust schemes or corporations listed on the stock exchange will come under scrutiny of the Securities Commission’s Audit Oversight Board.

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.

Business 18 Nov 2016 | 12:57 PM

SC appoints Gumuri as AOB executive chairman

KUALA LUMPUR: The Securities Commission (SC) has appointed Datuk Gumuri Hussain as executive chairman of Audit Oversight Board (AOB) effective Friday.

Business 30 May 2013 | 2:56 PM

AOB urged auditors to improve standards

KUALA LUMPUR: The Audit Oversight Board (AOB) urged audit firms to focus on the actual root causes of their audit deficiencies to improve audit quality.

Business 31 May 2013 | 12:00 AM

Audit board wants firms to address deficiencies, quality issues

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.