REGULATORY
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
TECHNICAL
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.
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.
PROFESSIONAL DEVELOPMENT
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.