Malaysian Institute of Accountants (“MIA”) is a statutory body established under the Accountants Act, 1967 (“Act”) to regulate the practice of the accountancy profession in Malaysia.
It has come to MIA’s attention that some persons/companies have been advertising, promoting or otherwise communicating to the members of the public in relation to audit, accounting and/or taxation services, which are part of the regulated services under the Act and the Rules made thereunder. Although these persons are not registered with MIA and are not in possession of a practising certificate issued by the MIA, these persons are nevertheless providing/promoting some or all of the aforementioned services:
- Abacus I Consulting Sdn. Bhd. [201301025579 (1055409-A)], No. 96-1, Amber Business Plaza 2, Batu 3 ½ Off Jalan Cheras, 56000 Kuala Lumpur.
- Harmony World Resources Sdn. Bhd. [201701028051 (1242217-H)], 08-10-06 Menara Mutiara Bangsar, Jalan Liku Off Jalan Bangsar, 59100 Kuala Lumpur.
- East Asia Sentinel Sdn. Bhd. [202201042779 (1488476-X)], No. 813, 8th Floor Menara Hai-O, Jalan Bukit Bintang, 55100 Kuala Lumpur.
The members of the public are reminded that under the Act, no person can provide any of the aforementioned services unless the person is registered with MIA and possesses a practising certificate issued by the MIA and an audit or tax license from Ministry of Finance if audit and/or tax services are offered. There could also be other firms and/or individuals that are not registered with MIA but provide similar services. To check if a firm or an individual is registered as a member, please contact our Membership Department at 03-27229000 or visit MIA’s official website at www.mia.org.my.
Section 26 of the Accountants Act 1967 provides that “Any person contravening section 22 or 23 shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding ten thousand ringgit or to imprisonment for a term not exceeding one year and on a second or subsequent conviction to a fine not exceeding twenty thousand ringgit or to imprisonment for a term not exceeding two years.”