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Company Auditing

Companies Act 1965, Section 8requires a company to appoint an approved company’s auditor. The auditor must:

  • Not be indebted to the company, its holding company or subsidiaries in an amount exceeding RM 2,500
  • Not a partner nor employer nor an employee of the audited company
  • Should not be a shareholder or a spouse of the shareholder to the audited company.
  • For more information on auditing, please refer to Section 9 (Auditors) Companies Act 1965.

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