By the institute through its practice review

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Unformatted text preview: e engagements for which the financial period commenced on or after 1 July 2004 but before 1 January 2007. 5. By-Law B-11 – continues to apply to practice reviews commenced or yet to be completed on or before 1 January 2007. 134 By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants [Issued January 2007] EFFECTIVE DATE The By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants come into effect on 1 January 2007, unless otherwise stated. The paragraphs in Section 290 relating to assurance engagements are applicable to assurance engagements for which the financial period commences on or after 1 January 2007. For convenience, the effective dates for each section in the By-Laws are set out below. EFFECTIVE DATE DEFINITIONS 1 January 2007 (except in so far as it relates to specific by-laws) PART I: BY-LAWS ON PROFESSIONAL ETHICS EXPLANATORY FOREWORD PART A: 1 January 2007 GENERAL APPLICATION 100 Fundamental Principles and Conceptual Framework 1 January 2007 110 Integrity 1 January 2007 120 Objectivity 1 January 2007 130 Professional Competence and Due Care 1 January 2007 140 Confidentiality 1 January 2007 150 Professional Behaviour 1 January 2007 PART B: PROFESSIONAL ACCOUNTANTS IN PUBLIC PRACTICE 200 Introduction 1 January 2007 210 Professional Appointment 1 January 2007 220 Conflicts of Interest 1 January 2007 230 Second Opinions 1 January 2007 135 By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants [Issued January 2007] EFFECTIVE DATE 240 Fees and Other Types of Remuneration 1 January 2007 250 Marketing Public Practice Services 1 January 2007 260 Gifts and Hospitality 1 January 2007 270 Custody of Clients Assets 1 January 2007 280 Objectivity–All Services 1 January 2007 290 Independence – Assurance Engagements PART C: Assurance engagements – applies to assurance engagements for which the financial period commences on or after 1 January 2007 PROFESSIONAL ACCOUNTANTS IN BUSINESS 300 Introduction 1 January 2007 310 Potential Conflicts 1 January 2007 320 Preparation and Reporting of Information 1 January 2007 330 Acting with Sufficient Expertise 1 January 2007 340 Financial Interests 1 January 2007 350 Inducements 1 January 2007 PART II: BY-LAWS ON PROFESSIONAL CONDUCT AND PRACTICE EXPLANATORY FOREWORD PART A: 1 January 2007 ALL PROFESSIONAL ACCOUNTANTS 400 Induction Course upon Admission 1 January 2007 410 Continuing Professional Education 1 January 2007 420 Description and Designatory Letters 1 January 2007 136 By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants [Issued January 2007] EFFECTIVE DATE 430 Public Practice Programme 1 January 2007 440 Attention to Correspondence and Enquiries 1 January 2007 PART B: 500 MEMBERS IN PUBLIC PRACTICE Method of Practice 1 January 2007 (except for paragraph 500.11 which commences with effect from 1 January 2008) 510 Professional Indemnity Ins...
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This document was uploaded on 09/23/2013.

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