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Audit Oversight Board raps, fines two auditors for non-compliance
KUALA LUMPUR: The Securities Commission’s Audit Oversight Board has rapped two registered auditors Lim Kok Beng of Ong Boon Bah & Co and Chan Kee Hwa of Khoo Wong & Chan for non-compliance.
Micpa: Oversight board in progress
The bill to set up the Public Company Accounting Oversight Board (PCAOB) will be tabled in March, provided that Parliament is not dissolved for the anticipated general elections.
Implications of the Audit Oversight Board
ACCOUNTING firms that wish to audit public-listed firms will have a mammoth task raising their standards of practice once the Audit Oversight Board (AOB) comes into force.
SC audit oversight board to root out auditors' weakness
KUALA LUMPUR: The Securities Commission's (SC) Audit Oversight Board has expressed concerns over certain weaknesses in the work of auditors on revenue recognition, inventory, group audits and related-party transactions.
SC's Audit Oversight Board reprimands two auditors
PETALING JAYA: The Securities Commission’s (SC) Audit Oversight Board (AOB) has rapped two registered auditors, Lim Kok Beng of Ong Boon Bah & Co and Chan Kee Hwa of Khoo Wong & Chan, for non-compliance.
US SEC accepting nominations for new head of accounting oversight board
The US Securities and Exchange Commission announced it is accepting nominations for a new head of the agency created by Congress in response to the wave of corporate accounting scandals.
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).
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.
New governance structure for auditors
KUALA LUMPUR: The Audit Oversight Board (AOB), to be formed around mid-year, is expected to create a new governance structure that will underscore auditors' responsibilities in financial statement reporting, said Securities Commission (SC) executive director Goh Ching Yin.
AOB forms official collaboration
KUALA LUMPUR: The Audit Oversight Board Malaysia (AOB) has formed an official collaboration in audit oversight with the Japan Financial Services Authority and the Certified Public Accountants Audit Oversight Board.
