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Questions and Answers
What must an auditor be in order to qualify as an 'approved company auditor' according to Section 263 of CA 2016?
What must an auditor be in order to qualify as an 'approved company auditor' according to Section 263 of CA 2016?
- A chartered accountant as defined under the Accountant Act 1967 (correct)
- A member of the Malaysian Institute of Accountants
- A finance minister's relative
- A certified public accountant
What is the validity period of an approval or renewal as an approved company auditor?
What is the validity period of an approval or renewal as an approved company auditor?
- 1 year
- 3 years
- 5 years
- 2 years (correct)
What is one of the criteria that the minister considers when approving an applicant to be an approved auditor?
What is one of the criteria that the minister considers when approving an applicant to be an approved auditor?
- Political affiliation
- Educational qualifications only
- Good character and competence to perform duties (correct)
- Years of experience in auditing
When can a person be appointed as an auditor?
When can a person be appointed as an auditor?
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Under what condition can a firm be appointed as an auditor?
Under what condition can a firm be appointed as an auditor?
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