00:00The 2026 Auditor General's Report Series 1 has highlighted 15 federal agencies for modified audit opinions
00:07due to financial misstatements and irregular transactions.
00:12Of 145 financial statements submitted, 128 received a clean audit,
00:17while 15 were flagged for concerns, ranging from unverified cash balances
00:22to misreported assets and unsupported adjustments.
00:25The agencies include the Human Rights Commission of Malaysia,
00:30the Malaysian Intellectual Property Corporation, Bernama, and Universiti Kebangsaan Malaysia.
00:37SWACAM was unable to verify cash and bank balances of RM0.75 million as of December 31, 2024.
00:45MyIPO was found to have understated its depreciation expenses of RM1.32 million
00:51and its provision for employee benefits and special financial aid of RM7.99 million
00:57and did not account for the impairment provision of expired rental deposits of RM2.61 million
01:03that had not been received.
01:06Bernama overstated receivables of RM5.75 million from subsidiaries,
01:12while unrecorded contributions cost RM4.28 million in cash,
01:16cash equivalents and deferred grants to be understated at the end of 2024.
01:22UKM understated student fee revenue of RM19.88 million,
01:27overstated investments in controlled entities of RM0.45 million
01:32and recorded irregular service, supply and staff expenses.
01:36Property and equipment were overstated, while donated facilities were understated.
01:41Inunjaria, FMT.
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