Abdul Halim Husin

Member’s name: Abdul Halim Husin CPA
Date of Hearing: 27 November 2018
Division: Malaysia
Tribunal: Disciplinary Tribunal

On 27 November 2018 the Disciplinary Tribunal found Mr Abdul Halim Husin breached Article 39(a)(iii)F of the Constitution in that he has,‘been the subject of an adverse finding that has not been overturned on appeal in relation to the Member’s conduct, competence or recognition by a Court, professional body, statutory or other regulatory authority in any jurisdiction’ in respect of a Decision of the Disciplinary Committee of the Malaysian Institute of Accountants on 27 March 2018, which found Mr Husin:

• as the auditor of Haisan Resources Berhad (the ‘Company’) for the financial year ended 31 December 2012 (the ‘said financial year’), had failed to discharge his ‘professional duties in exercising due care and diligence in which he had issued an unmodified audit opinion (with an emphasis of matter paragraph on going concern) on the financial statement of the Company for the said financial year despite the existence of multiple errors, omissions and non-compliance with the Malaysian Financial Reporting Standards in the said financial statements.’

Mr Husin attended the Disciplinary Tribunal Hearing and admitted the Complaint.

Penalty and costs

The Disciplinary Tribunal found the Complaint sustained and imposed the following penalty:

• a severe reprimand.

Mr Husin was ordered to pay CPA Australia’s costs of RM 1895.95.