Categories: Complaints & Sanctions, DecisionsPublished On: 29/11/2021

Selva Rasan Puspa Das (15135):

  1. as a partner of Messrs. Inpana & Associates(“the Firm”) had been punished and imposed a suspension of 3 months effective 1/1/2022, 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 29/11/2021 after the Firm had been rated as ‘unsatisfactory’ as indicated in the Follow-up Review Report dated 1/7/2019 which detailed the weaknesses in the audit work performed
  2. as a partner of Messrs. Inpana & Associates (“the Firm”) had been punished and imposed a suspension of 1 year effective 1/1/2022 and fine of RM5000-00 by the Disciplinary Committee of the Institute on 29/11/2021 for signing the auditor’s report of Jaya Cepat Plastic Industries Sdn. Bhd. (“JCPI”) for the financial year ended 30/9/2017 despite knowing that the company secretary of JCPI is also the daughter of the Firm’s Managing Partner