Highlights of ISA 540 (Revised), Auditing Accounting Estimates and Related Disclosures

Changes in accounting standards have in turn brought about significant change to the audit of accounting estimates.

Accountants – Enablers of Sustainability

As the call for sustainability adoption gains momentum, the global profession too has stepped to the forefront in calling for action on environmental, social and governance (ESG) issues threatening fragile ecosystems and populations. 

ISA 600 (Revised) – Special Considerations: Audits of Group Financial Statements [Including the Work of Component Auditors](Republished)

The International Auditing and Assurance Standards Board (IAASB) had, through the issuance of the Invitation to Comment (ITC) Paper, Enhancing Audit Quality in the Public Interest: A Focus on Professional Skepticism…

Elevating Public Sector Financial Management

The Malaysian accountancy profession enjoys excellent representation at global levels, thanks to strong stakeholder engagement and relationships.

The Capital Market Advisory Committee (CMAC) and the Malaysian Investment Reporting Standards (MIRS)

The Capital Market Advisory Committee or CMAC was created as a non-statutory committee by the Malaysian Institute of Accountants (MIA) in April 2013…

Changes to the Ethics Code: Revisions to the Definitions of Listed Entity and Public Interest Entity

In January 2021, the International Ethics Standards Board for Accountants (IESBA) issued an exposure draft (ED) seeking to redefine public interest entities (PIE).

COP27 and the 12th Malaysia Plan (12MP) 2021-2025: Implications for Accountants

The 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) held on 20 November 2022 in Egypt addressed two critical issues facing the planet…

MIA Member Satisfaction Survey 2022: Member satisfaction with MIA improves to 83.41%, up from 79% in 2020 Survey

MIA is pleased to share the findings of the MIA Member Satisfaction Survey 2022 which was conducted from 29 June to 28 September 2022 to gather feedback on the needs of members to better support their professional aspirations.

ISA 600 (Revised) – Special Considerations: Audits of Group Financial Statements (Including the Work of Component Auditors)

The International Auditing and Assurance Standards Board (IAASB) had, through the issuance of the Invitation to Comment (ITC) Paper, Enhancing Audit Quality in the Public Interest: A Focus on Professional Skepticism…

Why Professional Accountants will Save the World

As the global voice of the accountancy profession, the International Federation of Accountants (IFAC) has 180 members representing more than three million professional accountants in over 135 countries.