Categories: Complaints & Sanctions, DecisionsPublished On: 03/11/2020

Anthony J. Skelchy (262), as the statutory auditor of CNLT (Far East) Berhad (‘CNLT’) for the financial year ended 31/12/2007 had been punished and imposed a fine of RM5000-00, costs of RM4000-00 and ordered to attend a course relevant to the application of International Standards on Auditing by the Disciplinary Committee of the Institute on 3/11//2020 for failing to carry out his professional duties with due care and diligence during the audit of the financial statements of CNLT for the said financial year, in which he had failed to verify the various material amounts of write-down and write-off as disclosed in the financial statements of CNLT.