GOVERNANCE
Improving the Effectiveness of Audit Committees in Malaysian PLCs
Board audit committees are the pillar of successful corporate governance in public-listed companies (PLCs), as boards are dependent on their audit committees to provide effective oversight of the annual audit process.
Decisions of the Disciplinary Committee of the MIA
Decisions of the Disciplinary Committee of the Malaysian Institute of Accountants (‘Institute’) against members pursuant to Rule 18(1) of the Malaysian Institute of Accountants (Disciplinary) Rules 2002
STEWARDSHIP
Agility and Resilience – Strategic Tools for Survival in the COVID-19 Crisis
COVID-19 and the imposition of the Movement Control Order (MCO) and Conditional Movement Control Order (CMCO) from 18 March to 9 June 2020 over five phases have not only been a mega stress test for our healthcare infrastructure, economy and society, but similarly a gigantic stress test for businesses and the accountancy profession.
Lead to Be Equal, To the Best
Tan Sri Rafidah Aziz tells women accountants to stop competing with men, and instead benchmark performance against the global best, because benchmarks for excellence and leadership are gender, and race neutral.
INNOVATION
Launch of Industry-wide Electronic Bank Confirmation Platform Set to Transform Auditing & Capital Market
The industry-wide Electronic Bank Confirmation (EBC) Platform (eConfirm.my) was officially launched on 26 June 2020 by the Malaysian Institute of Accountants (MIA) and Extol Corporation Sdn Bhd (Extol), a wholly-owned subsidiary of AppAsia Berhad, at an e-ceremony attended by various stakeholders, including auditors, audit clients, bankers and regulators.
MIA Spearheads Electronic Bank Confirmation Platform
eConfirm.my Integral to MIA’s Strategy to Advocate Audit Digitisation
DRIVING VALUE
Benchmarking: The Markers for SMPs
Running an assurance and compliance practice offers plenty of satisfaction and rewards, while at the same time, poses certain challenges.
NACRA Organisers Announce Revisions for National Annual Corporate Report Awards (NACRA) 2020 Due to COVID-19 Impacts
The COVID-19 crisis and related restrictions are creating an unprecedented and very challenging landscape for organisations in all sectors.
TECHNICAL
The Impact of the IFRIC Agenda Decision on Over Time Transfer of Constructed Good (IAS 23 Borrowing Costs)
In March 2019, the IFRS Interpretations Committee (IFRIC) issued an Agenda Decision on IAS 23 Borrowing Costs relating to capitalisation of borrowing costs in relation to the construction of a residential multi-unit real estate development (building).
Relevance of Force Majeure in Transfer Pricing Amidst Current Turbulence
Given the scale of disruption caused by COVID-19, many businesses are posed with a serious risk of dislocation of their supply chains and inability to meet business obligations, resulting in potential breach of legal contracts.
PROFESSIONAL DEVELOPMENT
We Have to Address Mental Health—Especially Now
Mental health and well-being is not a trend or buzz word. It is real and must be addressed—not just in the public interest but in the interests of humanity.
Accountants: Changing the Course of Climate Change
Malaysians right now are sweltering through a heatwave and seeking sanctuary in air-conditioned buildings and cars.
MIA NEWS
