Khor Chun Wai (36234):-
the sole proprietor of Messrs. Khor & Associates (‘the Firm’) had been punished and imposed a suspension of 1 year effective 1/3/2024, fine of RM5000-00, costs of RM4000-00 and ordered to attend a course conducted by the Institute on Audit Quality Enhancement Program by the Disciplinary Committee of the Institute on 29/11/2023 after the Firm had been rated as ‘Type 4 Unsatisfactory’ as indicated in the Practice Review Report dated 2/6/2021 which detailed the weaknesses in the audit work performed.