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SC announces new appointments
PETALING JAYA: The Securities Commission Malaysia (SC) has appointed former board member Datuk Gumuri Hussain its Audit Oversight Board executive chairman effective yesterday.
SC names Nik Hasyudeen as AOB exec chairman
PETALING JAYA: The Securities Commission (SC) yesterday named the executive chairman and six non-executive members of the Audit Oversight Board (AOB), whose appointments are effective immediately.
Inspections on audit firms soon
KUALA LUMPUR: The Audit Oversight Board (AOB) will commence inspections on audit firms this month to ensure they comply with quality standards outlined under the International Standard on Quality Control (ISQC1).
Clarification
With reference to our story, #147;Auditors: New board to boost confidence,#039;#039; which appeared on Monday, PricewaterhouseCoopers Malaysia executive chairman Datuk Johan Raslan did not refer to an Oct 1 deadline in relation to the setting up of the Public Companies Accounting Oversight Board (PCAOB).
UHY says it has responded positively to reprimand on one of its partners
PETALING JAYA: Mid-tier accounting firm UHY Malaysia believes it has strong grounds to appeal against the Audit Oversight Board’s (AOB) reprimand on one of its partners for allegedly breaching a condition imposed when the latter registered with the board.
Can auditors be insightful, transparent?
New standards introduce changes to increase value of audit reports
Facebook Oversight Board changes timeline rules for action on case appeals
(Reuters) - Facebook Inc's independent Oversight Board is changing rules related to the time taken to reach a decision on any appeal to take down content, it said on Tuesday.
SC: Audit firms should strengthen quality controls
PETALING JAYA: The Securities Commission’s (SC) Audit Oversight Board (AOB) is urging audit firms to strengthen their quality controls, following work deficiencies that have become a growing concern
A number of firms have accounts qualified
PETALING JAYA: Auditors qualified the accounts of a large number of companies due to the stricter requirements of the Audit Oversight Board (AOB).
SC imposes ban on firm, partners for auditing breach
KUALA LUMPUR: The Securities Commission Malaysia’s (SC) audit oversight board (AOB) has banned McMillan Woods Mea (AF 001995) and two of its partners, Mea Fatt Leong and Wong Joo Hua, from accepting clients and auditing any public interest entities or schedule funds for 12 months, effective Feb 14, 2019.
