Information is central to members’ professional development. The quarterly MIA Sustainability, Digital Economy and Reporting Insights delivers high-value thought leadership and updates on the Institute’s advocacy in sustainability, digital economy, tax, reporting and research, helping members stay current and competitive.
MIA Sustainability Framework and Strategy Plan
Adopting a two-pronged approach to the sustainability of the profession and the Institute, the MIA Sustainability Agenda aims to future-proof the profession by enhancing competency, protecting the public interest, and supporting sustainable nation building.
Following the launch of the MIA Sustainability Blueprint for the Accountancy Profession (the Blueprint) and operationalisation of the MIA Sustainability Roadmap (Roadmap), MIA undertook the development of the MIA Sustainability Framework and Strategy Plan (the Framework).
Approved by the Council on 29 May 2025, the Framework reinforces our commitment to sustainability, and supports the Institute’s organisational sustainability as well as the implementation of the Blueprint, aligning with Malaysia’s national sustainability and climate goals.
The Framework is structured around three strategic themes, namely strengthening trust and good governance, empowering the profession, and supporting sustainable development, aligned with seven United Nations Sustainable Development Goals.
Guided by the Framework, MIA will implement five flagship initiatives over a three-year Roadmap commencing July 2025 which comprises sixteen initiatives, supported by the three key enablers of people, technology, and collaboration. The Framework demonstrates MIA’s leadership and commitment in embedding sustainability while supporting the nation’s sustainable development.
Advocacy in Sustainability Reporting
As the voice of the Malaysian profession, MIA seeks to continually contribute our perspectives which are reflected in the shaping of global standards. In June 2025, MIA submitted a comment letter on the International Sustainability Standards Board (ISSB) Exposure Draft: Amendments to Greenhouse Gas Emissions Disclosures. The amendments provide for additional relief and clarify existing reliefs under specific greenhouse gas emissions disclosure requirements. The comment letter incorporated feedback received from the Sustainability Working Group (SWG) which is under the purview of the MIA Sustainability Committee. The comment letter can be accessed here.
MIA Digital Month 2025
In line with MIA’s ongoing commitment to advancing the profession’s digital technology adoption, we organised the MIA Digital Month 2025 (MDM 2025) for the fourth consecutive year in April and May, under the theme “Digital Empowerment for a Sustainable Future.”
Over 2,000 individuals, comprising MIA members, academicians, and accounting students, participated in MDM 2025, which ran for four weeks from 17 April to 9 May 2025. MDM covered a broad spectrum of topics, ranging from Artificial Intelligence (AI) in practice, trust and risk in AI, sustainability tools and technologies, to talent development in an increasingly tech-driven environment.
Leading speakers from diverse professional backgrounds shared valuable knowledge and perspectives, enriching each session with practical insights and thought leadership. Stay tuned for upcoming articles featuring key takeaways and highlights from MDM 2025.
Tech Meets Green: The Future of Accounting
To future-proof accountancy talent, MIA, in collaboration with the ASEAN Federation of Accountants (AFA), hosted a webinar on “Tech Meets Green: The Future of Accounting” on 11 June 2025.
Tailored for lecturers and accounting students, the webinar explored how sustainable technology is driving greener financial practices and reshaping the accountancy profession. In their takeaways, moderator Mr Tan Khoon Yeow, MIA Education Board Member and Partner, Learning & Professional Development at BDO Malaysia, and panellist Mr Cheah Kar Ching, MIA Education Board Member and Audit Partner at Reanda LLKG International PLT underscored the growing need for professionals who can bridge accounting, sustainability and technology in today’s world. Importantly, the webinar reinforced that continuous upskilling and flexibility are essential for navigating the profession’s evolving landscape.
Voices from MIA Accounting & Finance Technology Showcase 2025
Leading technology providers at the MIA Accounting & Finance Technology Showcase 2025 (MIA AFT 2025) held on 15 January 2025 explored how digitalisation will shape the accountancy profession in the years ahead. Encapsulating the key messages of AFT, the “Voices from MIA AFT 2025” video series delves into emerging trends, the evolving role of accountants, and the challenges of adopting new technologies, while offering expert advice on overcoming adoption hurdles and embracing new possibilities.
Watch the “Voices from MIA AFT 2025” series on MIA’s official YouTube channel and stay tuned for additional videos coming soon.
Technology in Motion: Key Insights from Survey on Technology Adoption by the Accountancy Profession in Malaysia 2025
How is technology transforming the accountancy profession?
The fourth edition of the MIA Technology Adoption Survey by the Accountancy Profession in 2025 captured the latest trends, tools, and challenges shaping digital transformation across the profession. Drawing insights from over 700 members, the survey sheds light on adoption levels, barriers, and technology trends impacting the profession.
Explore the key insights here.
e-Invoicing in Practice: What SMEs and Practitioners Need to Know
To help members embrace digital transformation, improve tax compliance, and remain informed about changes in regulation, MIA hosted a complimentary webinar on “e-Invoicing in Practice: What SMEs and Practitioners Need to Know” on 3 June 2025.
Led by Dr. Rasyidah Che Rosli, Director of the e-Invoice Division, Tax Operations Sector, Inland Revenue Board of Malaysia (IRBM), the webinar presented updates on Malaysia’s e-invoicing implementation. Dr. Rasyidah focused on Phase 3 of the e-Invoicing rollout—affecting taxpayers with yearly turnovers between RM500,000 and RM25 million—that will take effect on 1 July 2025. She shared the e-Invoicing roadmap, important compliance requirements, micro and small business exemptions as well as guidance on using the MyInvois system and portal.
Adding further value, the session included an in-depth review of common concerns raised by taxpayers, pertaining to e-commerce transactions, self-billing arrangements, and individual and consolidated e-invoice scenarios.
Expansion of Sales and Service Tax (SST): Engagement with Ministry of Finance
The Institute is committed to engaging in and providing assistance to the Government in formulating fair and efficient tax policies to help drive nation building. On 6 June 2025, the Institute participated in an engagement session with the Ministry of Finance (MOF) on the proposed extension of the scope of the Sales and Service Tax (SST). Members of the Institute’s Taxation Practice Committee actively engaged in the discussion chaired by YBhg. Datuk Johan Mahmood Merican, Secretary General of Treasury and shared their views on the proposed modifications.
Article on Webinar entitled “Public Sector Sustainability Reporting: Where do We Stand?”
To add further value to the “Public Sector Sustainability Reporting: Where Do We Stand?” webinar held on 26 February 2025, which attracted nearly 500 MIA members and forms part of the MIA Sustainability Roadmap, the Institute produced an article highlighting key takeaways. In addition to highlighting expert insights on global trends, the importance of transparency and trust, and the role of public sector accountants in advancing sustainability reporting, the article showcases MIA’s initiatives under the Sustainability Blueprint for the Accountancy Profession and MIA Sustainability Roadmap to strengthen capacity across the profession. Click here to read the article.
Complimentary Webinar: Overview of the Third Edition of the IFRS for SMEs Accounting Standard
MIA is committed to enabling the future relevance of SMEs in an evolving landscape, with a strong focus on supporting the application of the accounting standard.On 30 June 2025, we organised a webinar titled “Overview of the Third Edition of the IFRS for SMEs Accounting Standard”featuring insights from Ram Subramanian, External Reporting Lead at CPA Australia, Ng Kean Kok, Quality Risk Management Director at CAS Malaysia Group, and J. Selvarajah, Senior Managing Partner at Omar Arif & Co, Chartered Accountants.
Participants gained an in-depth understanding of key revisions to the Third Edition of IFRS for SMEs Accounting Standard on Section 11 Basic Financial Instruments, Section 12 Fair Value Measurement and Section 23 Revenue.
Roundtable Discussion: Shaping the Future of MAREF
High-quality research is pivotal to future-proofing the profession. To chart the future direction of the Malaysian Accountancy Research and Education Foundation (MAREF), a roundtable session among MIA committee chairs and representatives was held on 29 April 2025 at Wyndham Grand Bangsar, Kuala Lumpur. Organised by MAREF with the support of MIA, the roundtable aimed to gather insights, ideas, and recommendations to enhance the Foundation’s relevance and impact on the accountancy profession. Participants discussed the progress of MAREF’s Priority Research Topics (PRT) Programme and explored ways to strengthen research efforts that align with national and professional priorities. The session also reinforced the importance of ongoing support and collaboration to sustain MAREF’s role in advancing high-quality research for the development of the profession.
