REGULATORY

Navigating the New AMLA Compliance Requirements for Designated Non-Financial Businesses and Professions

Staying abreast of financial regulations is crucial for Designated Non-Financial Businesses and Professions (DNFBPs).

Announcement

Governed by the Accountants Act 1967, the Malaysian Institute of Accountants (MIA) is mandated to regulate the accountancy profession and accountancy services to protect the public interest.

Revision of Practice Review (PR) Framework Effective 1 July 2024: Options and Steps Available for Type 3 Audit Firms Under the Transition Period

The Council of the Malaysian Institute of Accountants (MIA) has introduced significant amendments to its practice review framework, aimed at enhancing the quality and accountability of audit practices.

SUSTAINABILITY

MIA’s Proposals for Broadening of the Tax Base and e-Invoicing Reflected in Budget 2025 Measures

As the regulator and developer of the profession the Malaysian Institute of Accountants (MIA) is delighted that certain of its proposals are addressed within the measures in Budget 2025, reflecting its relevance as the voice of the profession.  

Ensuring Future Relevancy of Accountancy Professionals, a Challenge to the Industry

Attracting, retaining and ensuring the future relevance of accountancy professionals are a key challenge faced by the accountancy profession, according to the Malaysian Institute of Accountants (MIA) president Dato’ Seri Mohamad Zabidi Ahmad.

Rising to the Challenges of Sustainability: New Opportunities for Supporting Small Businesses

Small and medium-sized enterprises (SMEs) unquestionably play a critical role in global economies and are therefore an essential component of the sustainability transformation taking place in the global business community.

LEADERSHIP

Navigating the Profession’s New Frontiers

We live today in a world of unprecedented disruption. Like other sectors of the economy, the global accountancy profession is also expected to adapt and unleash the potentials in these disruptive risks and opportunities.  

Taking Public Sector Internal Audit to the Next Level

Public sector internal audit in Malaysia is embarking on a transformative journey to enhance its role in driving good governance for nation building.

A Passion for Sustainability

As Malaysia embarks on decarbonising the economy, it is critical to integrate sustainability mindsets into development policies and implementation.

TECHNICAL

A Beginner’s Guide to Financial Report: Definition, Types, Tools & Templates

Getting started on your maiden annual report can be a daunting task.

Enhancing Audit Quality through the Implementation of Audit Quality Indicators (Part 2): A Malaysian Perspective

Building on the global perspective, this part of the article delves into Malaysia’s specific initiatives on AQIs for AOB-registered audit firms and proposed AQIs for non-registrants of AOB.

Enhancing Audit Quality through the Implementation of Audit Quality Indicators (Part 1): A Global Perspective 

This article explores the development and implementation of Audit Quality Indicators (AQIs) as an important tool in assessing and improving audit quality in the public practice sector.

INNOVATION

MIA Sustainability, Digital Economy and Reporting Insights (July – September 2024)

The MIA Sustainability, Digital Economy and Reporting Insights provides quarterly updates on the areas of sustainability, digital economy, tax, reporting and research. The Insights highlights contents and initiatives that are of high value to MIA members. 

Digitalisation & Artificial Intelligence (AI): Charting a Professional Path to Future Success

Digitalisation is no longer optional; it is fundamental for achieving future success. The World Economic Forum projects that 70% of new economic value will be derived from digitally-enabled platforms over the next decade.

Navigating e-invoicing for SMEs

With the commencement of Malaysia’s national e-Invoicing initiative, small and medium-sized businesses (SMEs) nationwide are seeking to better understand its requirements and how to get started with digital solutions.

PROFESSIONAL DEVELOPMENT

MIA Cyber Security Conference 2024: Strategies for Accountants in the Digital Age

The number and sophistication of cyberattacks have increased over time, with financial data remaining a top target for cybercriminals.

Malaysia Insolvency Conference 2024: Beyond Tomorrow: Navigating the Restructuring and Insolvency Landscape

The volatile business landscape and growing challenges to business resilience mean that the risk of insolvency and bankruptcy is omnipresent.

Audit Committee Conference 2024: Embracing Strategic Oversight: The Future of Audit Committees

The business environment has undergone rapid disruption in recent years, posing a threat to organisations in terms of heightened sustainability requirements, economic turbulence, as well as cybersecurity threats among others.