Accountants Act · 2023 Revised Edition · Part · Practice Monitoring Programme
42. Practice reviews
Official textFrom Attorney General's Chambers, unchanged
A reviewer shall carry out a practice review in accordance with —
reviewer
“reviewer” means any person who is appointed by the Oversight Committee under section 41 to carry out a practice review.
the relevant provisions of this Part;
the practice and procedure determined by the Oversight
Committee; and
such instructions as may be issued by the Authority or the
Oversight Committee.
The following provisions apply in respect of any practice review —
practice review
“practice review” means a study, appraisal or review of one or more aspects of the professional work of a public accountant that is carried out under a practice monitoring programme;
any public accountant under review shall, if required by the reviewer —
produce to the reviewer or afford the reviewer access to, any record or document specified by the reviewer or any record or other document which is of a class or
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description so specified and which is in his possession or under his control, being in either case a record or other document which the reviewer reasonably believes is or may be relevant to the practice review, within such time and at such place as the reviewer may reasonably require;
give to the reviewer such explanation or further particulars in respect of anything produced in compliance with a requirement under sub-paragraph (i)
as the reviewer shall specify; and
give to the reviewer all assistance in connection with the practice review which he is reasonably able to give;
where any information or matter relevant to a practice review is recorded otherwise than in a legible form, the power of a reviewer to require the production of any record or other document referred to in paragraph (a) shall include the power to require the production of a reproduction of any such information or matter or of the relevant part of it in a legible form;
a reviewer may inspect, examine or make copies of or take any abstract of or extract from any record or document produced under paragraph (a) or (b);
a reviewer exercising a power under this section shall, if so requested by a person affected by such exercise, produce for inspection by such person such evidence of his authority as may be provided to him by the Oversight Committee upon his appointment as a reviewer.
Nothing in this section shall be taken to compel the production by a public accountant of any record or document containing a privileged communication by or to a legal practitioner in that capacity.
public accountant
“public accountant” means a person who is registered in accordance with this Act as a public accountant;
Terms defined in this Act
Authority
Defined · s 2“Authority” means such person as is appointed by His Majesty the Sultan and Yang Di-Pertuan under section 3(1) to be the Authority for the purposes of this Act;
Oversight Committee
Defined · s 2“Oversight Committee” means the Public Accountants Oversight Committee appointed by the Authority under section 5(1);
practice review
Defined · s 38“practice review” means a study, appraisal or review of one or more aspects of the professional work of a public accountant that is carried out under a practice monitoring programme;
public accountant
Defined · s 2“public accountant” means a person who is registered in accordance with this Act as a public accountant;
reviewer
Defined · s 38“reviewer” means any person who is appointed by the Oversight Committee under section 41 to carry out a practice review.