KUALA LUMPUR: The Securities Commission Malaysia’s (SC) Audit Oversight Board (AOB) announced that partners of Kreston John & Gan, Charles Lee King Long and Gan Kim Guan, are prohibited from auditing any public interest entities (PIEs) or schedule funds for 12 months, effective Aug 3, 2022.
Hong Kong is set to host a landmark meeting for auditing officials from the US and China this month to resolve a long-standing accounting dispute, but the historic summit is unlikely to resolve all issues.