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.
  • September 2, 2024
  • 181 views

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.
  • August 14, 2024
  • 238 views

Orders by the MIA Disciplinary Appeal Board

Orders made by the Disciplinary Appeal Board (DAB) against the Appellants by virtue of Rule 28 of the Malaysian Institute of Accountants (Disciplinary) Rules 2002 (“Rules”) are hereby published pursuant to Rule 31(1)(a) and Rule 31(2) of the Rules.
  • July 2, 2024
  • 393 views

SUSTAINABILITY

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.
  • August 26, 2024
  • 285 views

MIA International Accountants Conference 2024: Navigating New Frontiers, Embracing Sustainability

The MIA International Accountants Conference 2024 (MIA Conference 2024) turned out to be one of the most successful in the event’s storied history…
  • August 6, 2024
  • 165 views

Global Advancements in Public Sector Sustainability Reporting

In the Sovereign Climate and Nature Reporting: Proposal for a Risks and Opportunities Disclosure Framework published by the World Bank in 2022, the World Bank invited the IPSASB to lead a consultative process…
  • June 27, 2024
  • 331 views

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.  
  • August 8, 2024
  • 316 views

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.
  • June 4, 2024
  • 717 views

A Passion for Sustainability

As Malaysia embarks on decarbonising the economy, it is critical to integrate sustainability mindsets into development policies and implementation.
  • April 16, 2024
  • 840 views

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.
  • August 13, 2024
  • 317 views

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.
  • August 12, 2024
  • 359 views

Acting in the Public Interest  

Members of the accountancy profession are familiar with the assertion that “a distinguishing mark of the accountancy profession is its acceptance of the responsibility to act in the public interest.”
  • June 25, 2024
  • 670 views

INNOVATION

The Rise of IT Audit in the Digital Era

IT audit is not just a necessity but a strategic asset for any business aiming for sustainable growth and resilience
  • September 11, 2024
  • 16 views

A Guide to Enhancing Your Audit Practice Reviews

Audit practice reviews are an essential part of maintaining audit quality and ensuring adherence to professional standards and regulations.
  • September 4, 2024
  • 60 views

What’s next after e-invoicing Mandate in Malaysia?

Optimising the entire invoice-to-cash cycle with e-invoicing.
  • August 27, 2024
  • 98 views

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.
  • August 23, 2024
  • 72 views

Public Sector Internal Audit Conference 2024 – Shaping Tomorrow’s Governance: Innovation in Public Sector Auditing

In today’s dynamic environment where the public sector faces unprecedented challenges, the need for a robust internal audit function is more pronounced than ever.
  • February 8, 2024
  • 628 views

Risk Management Conference 2023

We are now living in a time of peak uncertainty and volatility as businesses contend with numerous risks that affect their business continuity.
  • September 8, 2023
  • 1.3K views