Page 61 - AOB 2018 (ENG)

Audit
Oversight
Board
ANNUAL
REPORT
2018

REGISTRATION AND RECOGNITION OF

AUDITORS IN MALAYSIA

Table 1
Registered and recognised auditors as at 31 December 2018
No. of No. of % of total No. of % of total
No. of audit
Profile of audit firms individual PIE audit market schedule fund net asset
firms
auditors clients capitalisation audit clients value
Registered audit firms
Partnerships with 9 216 969 96.09 1,007 98.43
10 and more audit
partners
Partnerships with 5 15 59 111 0.80 9 0.04
– 9 audit partners
Partnerships with 25 63 84 3.07 26 1.53
fewer than 5 audit
partners
49 338 1,164 99.96 1,042 100.00
Recognised
foreign audit 3 9 7 0.04 - -
firms
TOTAL 52 347 1,171 100.00 1,042 100.00

Source: AOB

Chart 1 Chart 2
5-year registration statistics 5-year recognition statistics
1,144 1,140 1,142 1,148 1,164
1,042
1,021 1,023
981

19
17

12
10
304 313 325 334 338 9
5 5 5 5

52 50 51 49 49 3
0 6 7 7 7 7
2014 2015 2016 2017 2018 2014 2015 2016 2017 2018

PIEs Schedule Funds Registered Registered PIEs Recognised Foreign Recognised Foreign
Audit Firms Individual Auditors Audit Firms Individual Auditors
Note: Auditors of schedule funds are subject to the AOB’s
registration regime with effect from 15 September 2015. Source: AOB
Source: AOB
PART THREE STATISTICS AND OTHERS | 59

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