Azli Muhamad (36424) as the director and shareholder of Byond Corporate Management Sdn. Bhd. (“the Company”) had been punished and imposed a fine of RM4000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 19/5/2021 for he had on or about 13/1/2020 advertised, promoted and represented that the Company and/or he offered amongst others audit and tax services in the service descriptions made on his business card, Facebook page of the Company known as facebook.com/byondcorp, the Company’s banner and websites for talents scouting and job vacancies in https://jobs.jawatan-kerja.com, http://www.semakjawatan.com and http://graduan.co which may lead the public at large to infer that he offers audit and tax services when he in fact does not possess a valid audit and tax agent license issued by the relevant authority.
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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