Usha Letchumi Sukumaran (25612) as a director of TL Corporate Services Sdn Bhd (‘the Company’) had been punished and imposed a fine of RM2000-00 and costs of RM5000-00 by the Disciplinary Committee of the Institute on 19/2/2025 for she had as at 10/4/2020 advertised, promoted and/or represented via http://www.tlcorporate.com.my and the Company’s Facebook account that the Company provides and/or offers audit and tax services and that would lead the public at large to infer that she is authorised to provide audit and tax services when in fact, she does not possess a valid audit and tax agent licence issued by the relevant authorities.
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.’
Regulate • Develop • Advance
@2025 Malaysian Institute of Accountants. All rights reserved.