Section 264: Disqualifications of Company Auditor
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Questions and Answers

What is a disqualification for a person to be appointed as a company auditor?

  • Being an approved company auditor
  • Having a spouse who is a shareholder of a corporation whose employee is an officer of the company
  • Being indebted to the company for an amount exceeding RM25,000
  • Being an undischarged bankrupt within Malaysia (correct)

Under what circumstances can an approved company auditor consent to be appointed as an auditor of a company?

  • If they have been convicted of an offence involving fraud or dishonesty punishable with imprisonment for three months or more
  • If they are responsible for keeping the register of members or the register of debenture holders of the company
  • If they are not an officer of the company or its related corporation (correct)
  • If their spouse is an officer of the company or its related corporation

What would disqualify a person from being appointed as a company auditor according to Section 264?

  • Being responsible for keeping the register of debenture holders of the company
  • Being convicted of any offence involving fraud or dishonesty punishable with imprisonment for three months or more
  • Being an officer of the company or its related corporation
  • Having a spouse who is a shareholder of a corporation whose employee is an officer of the company or its related corporation (correct)

Which of the following would disqualify a person from being appointed as a company auditor?

<p>Being an undischarged bankrupt within Malaysia (C)</p> Signup and view all the answers

What would prevent a person from consenting to be appointed as an auditor of a company?

<p>Being an approved company auditor (B)</p> Signup and view all the answers

Which circumstance would not disqualify a person from being appointed as a company auditor?

<p>Being responsible for the keeping of the register of debenture holders of the company (C)</p> Signup and view all the answers

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