Abdul Qadir Osman Mohd Aros (36707) as the sole proprietor of AQ Aros & Co (‘the Firm’) had
been punished and imposed a fine of RM2000-00 and costs of RM4000-00 by the Disciplinary
Committee of the Institute on 14/3/2024 for he had as at 3/7/2023 found to have published and/or
advertised misrepresented information that the Firm is engaged in the provision of audit and tax
related services on the Firm’s social media platform such as Facebook and Instagram, where in fact
he does not possess an audit license nor a tax license issued by the relevant authority to qualify
him and/or the Firm to represent as being engaged in such services and/or to advertise in the Firm’s
Facebook and LinkedIn for job vacancies of an Audit Associates and Assistant Manager, Accountant
and Taxation related to audit and tax services.
The use of the word ‘Accountant’
In Malaysia, the word ‘Accountant’ is protected as provided for under the provisions of the Accountants Act 1967 which states that no one can hold himself out or practise as an Accountant unless he is registered as a member of the Malaysian Institute of Accountants.
‘The Malaysian Institute of Accountants is committed to the observance and practice of the highest ethical standards of the accountancy profession. All PC holders are reminded that under the MIA By-Laws (On Professional Ethics, Conduct And Practice), no person shall practice or hold out anything on audit/tax services without a license approved by the Ministry of Finance. Every PC holder is therefore expected to comply fully with Section B200.1 to B200.6 of the MIA By-Laws (On Professional Ethics, Conduct And Practice) failing which, you may be held liable for unprofessional conduct and disciplinary action may be taken against you.’
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