PETALING JAYA: Auditors qualified the accounts of a large number of companies due to the stricter requirements of the Audit Oversight Board (AOB).
The AOB, which was established under Part IIIA of the Securities Commission Act 1993, commenced operations on April 1 last year. It requires firms that audit the books of public listed companies to comply with international accounting best practice standards.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
