The pricing of audit services: evidence from the Kuala Lumpur Stock Exchange (KLSE) listed companies by Che Ahmad, Ayoib, Derashid, Chek

“…With the exception of the Malaysian Institute of Accountants' schedule for determining minimum audit fees, no specific guideline has been issued either by the Malaysian government or other accounting bodies. …”
Get full text

The Malaysian market for audit services: Ethnicity, multinational companies and auditor choice by Che Ahmad, Ayoib, Houghton, Keith A., Mohamad Yusof, Nor Zalina

“…Practical implications – An important implication of these findings relates to auditor independence. The Malaysian Institute of Accountants (MIA) has made rules prescribing the code of professional conduct and ethics of public accountants known as the MIA By-Laws (on Professional Conduct and Ethics) but it seems to neglect the diversity of local culture in addressing independence. …”
Get full text

The Malaysian market for audit services: ethnicity, multinational companies and auditor choice by Che Ahmad, Ayoib, Houghton, Keith A., Mohamad Yusof, Nor Zalina

“…The model also assumes that the audit engagement process for foreign-controlled companies is purely transacted in the Malaysian market.However, foreign multinational corporations might determine the selection of the auditor at the headquarter offices and the Malaysian subsidiaries might simply be directed to engage a given auditor.Another limitation relates to the results of the logit regressions as the study has documented an ethnic association between auditor and auditee rather than establishing a causal relationship.Practical implications – An important implication of these findings relates to auditor independence.The Malaysian Institute of Accountants (MIA) has made rules prescribing the code of professional conduct and ethics of public accountants known as the MIA By-Laws (on Professional Conduct and Ethics) but it seems to neglect the diversity of local culture in addressing independence. …”
Get full text