REGULATORY

Decisions of the Disciplinary Committee of the MIA

Decisions of the Disciplinary Committee of Malaysian Institute of Accountants (‘Institute’) against members pursuant to Rule 18(1) of the Malaysian Institute of Accountants (Disciplinary) Rules 2002.

Announcement

Malaysian Institute of Accountants (“MIA”) is a statutory body established under the Accountants Act, 1967 (“Act”) to regulate the practice of the accountancy profession in Malaysia.

Announcement

Decisions of the Disciplinary Committee of Malaysian Institute of Accountants (‘Institute’) against members pursuant to Rule 18(1) of the Malaysian Institute of Accountants (Disciplinary) Rules 2002

SUSTAINABILITY

Submissions Invited for NACRA 2023, Closing Date for Entry on 31 May 2023

Submissions are cordially invited for the National Annual Corporate Report Awards 2023 (NACRA 2023) which is open to all companies incorporated or registered in Malaysia as well as the public sector and other organisations established in Malaysia. 

Retabled Budget 2023 Expected to Positively Impact Accountancy Profession

The Malaysian Institute of Accountants (MIA) hailed the following measures of the retabled Budget 2023 that are expected to positively impact the accountancy profession and its services to the economy. 

Why Professional Accountants will Save the World

As the global voice of the accountancy profession, the International Federation of Accountants (IFAC) has 180 members representing more than three million professional accountants in over 135 countries.

LEADERSHIP

Understanding the Global Demand for Intangible Data Reporting

Businesses are becoming more sophisticated at capturing and disclosing intangible data. Peter Spence, discusses why organisations should value and report intangible assets.   

Advice for Minimising Risk in a World of Unknowns

Events of the past few years have stress-tested the business continuity management (BCM) and enterprise risk management (ERM) of organisations around the world. 

Harness Four Simple Design Principles to Become an Effective Finance Business Partner 

Finance professionals can really drive value when they work with other functions. AICPA & CIMA’s Associate Technical Director offers some advice…

TECHNICAL

ISA 600 (Revised) – Special Considerations: Audits of Group Financial Statements (Including the Work of Component Auditors)

The International Auditing and Assurance Standards Board (IAASB) had, through the issuance of the Invitation to Comment (ITC) Paper, Enhancing Audit Quality in the Public Interest: A Focus on Professional Skepticism…

How Audit firms with Zero Clients Apply for Practice Review Exemption?

Pursuant to Paragraph (8) of Appendix VI of MIA By-Law, all members in public practice offering audit engagements are required to adhere to the standards as prescribed by the Institute.

Addressing Deficiencies in ISA 570 Going Concern Assessments

The concept of going concern is a fundamental assumption when it comes to preparing the financial statements of a company.

INNOVATION

Digital Technology Adoption Awards (DTAA) Launched to Recognise Digital Transformation in Accountancy Profession

The Malaysian Institute of Accountants (MIA) recently launched the Digital Technology Adoption Awards (DTAA) as a platform for promoting digital technology adoption in the accountancy profession.

MIA Digital Economy and Reporting Insights (October – December 2022)

The MIA Digital Economy and Reporting Insights provides quarterly updates on the key areas of digital economy, tax and reporting.

A New Experience of Tax Work With Digitalisation and Automation

Malaysia’s government has been advocating the push towards digitalisation with many initiatives. This encompasses many sectors of businesses from F&B to professionals, including even the taxation industry. 

PROFESSIONAL DEVELOPMENT

SMP Forum 2023 – 21st Century SMPs – A New Approach

As part of its endeavours to help public practitioners become more relevant and future-proof, the Malaysian Institute of Accountants (MIA) will organise the MIA SMP Forum 2023 on 9 March 2023 at Connexion Conference & Event Centre @ The Vertical, Bangsar South.

Digital transformation remains priority for MIA

The Malaysian Institute of Accountants (MIA) continues to staunchly prioritise digital transformation to ensure that the profession stays relevant and future-proof in a highly challenging digital landscape.

Expansion of the Coverage of Pembangunan Sumber Manusia Berhad (PSMB) Act 2001 

As part of the initiative to facilitate the increase in the number of skilled workforces in Malaysia under the 11th Malaysia Plan, the Human Resources Development Corporation (HRD Corporation)…