Koh Ming Cher (44859) as one of the partners of Rockwell Global Solution (‘the Business’) a business registered with the Registration of Businesses Act 1956 had been reprimanded and imposed a costs of RM4000-00 by the Disciplinary Committee of the Institute on 19/5/2022 for having provided and/or offered public practice services, and had allowed one person to be his partner in the Business to practice as Chartered Accountant without that person being a member of the Institute for the period between 24/6/2020 to 23/11/2020.
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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