as the as the partner of Wanconnect Advisory PLT (‘WAP’) had been punished and imposed a fine of RM4000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 8/2/2021 for holding herself out as a member in public practice as confirmed by the WAP’s advertisement in its website at http://wanconnect.com.my/ without her, holding a valid practicing certificate issued by the Instiute for the period between 21/3/2019 to 5/9/2019.
as the partner of Wanconnect Advisory PLT (‘WAP’) had been punished and imposed a fine of RM4000-00 by the Disciplinary Committee of the Institute on 8/2/2021 for having advertised on about 29/8/2019 on the WAP’s website at http://wanconnect.com.my/ that she is in the business of providing accounting, assurance and taxation services when in fact, she does not possess a valid practicing certificate, audit and/or tax licence issued by the relevant authority.
Unit 33-01, Level 33, Tower A, The Vertical, Avenue 3, Bangsar South City,
No.8 Jalan Kerinchi, 59200 Kuala Lumpur, Malaysia.
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.’