Guidance to help members understand and meet key ethical requirements to achieve quality audit.
Imagine the following scenario. Your accounts staff had been communicating with a long-standing supplier. One day, the supplier sends an email stating that payment should now be made into a different bank account. Your company carries out some checks and in the end, makes the payment.
As MIA pushes ahead into a new year, President Dr. Veerinderjeet Singh looks back on 2020 and shares his aspirations for the Institute and the profession for 2021 and beyond.
Like it or not, the terrain of the accountancy profession is being irrevocably altered by digital technologies. No accountant is immune to the perils of digital obsolescence – and each has opportunities to employ these technologies to grow and advance.
The last thing a business wants to do is adopt a new HR software that brings new problems. Many already face the problem of not knowing what to do when it comes to issuing payslips and how to efficiently update or archive them.
The management of source documents – bills, invoices, receipts or anything substantiating a transaction – is critical for small business compliance. They’re also important for accurately and efficiently completing the accounting process, and ultimately, providing informative business insights.
The Regional Comprehensive Economic Partnership is set to transform how its member countries do business
As the national accountancy regulator established under the Accountants Act 1967, MIA is committed to advocating for excellence in public financial management (PFM) and the professionalisation of accountancy talent in the public sector.
In providing guidance to members on good financial reporting, the Financial Statements Review Committee (FSRC or the Committee) wishes to highlight common deficiencies arising from the review of financial statements of public listed entities for the review period from July 2019 to June 2020.
This article is a continuation of Part 1 covering guidance on the transfer pricing implications of the COVID-19 pandemic (the Guidance Note) issued by the Organisation for Economic Cooperation and Development (OECD).
Governance is becoming more complex and challenging in the COVID-19 new normal, as audit committees can surely attest.
The foundation of Islamic finance rests on its compliance with Shariah requirements to promote good governance and Islamic values.