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REGULATORY

112 posts

Announcement

Governed by the Accountants Act 1967, the Malaysian Institute of Accountants (MIA) is mandated to regulate the accountancy profession and accountancy services to protect the public interest.
  • October 8, 2024
  • 81 views

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
  • 369 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
  • 414 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
  • 531 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.
  • July 1, 2024
  • 495 views

Recent Key Changes within the Revised AML/CFT/CPF and TFS for DNFBPs & NBFIs Policy Document Affecting Accountants

The revised Policy Document on  Anti-Money Laundering, Countering Financing of Terrorism, Countering Proliferation Financing and Targeted Financial Sanctions…
  • June 28, 2024
  • 625 views

New Practice Review Framework (Part 2): Comparison between Peer Review and Quality Assessment Programme and Their Implementation

The goal of subjecting the work of the practitioners under the order to a review (peer review or Quality Assessment Programme (QAP)) by the Practice Review Committee (PRC)…
  • June 26, 2024
  • 423 views

New Practice Review Framework (Part 1): Enhancing Audit Quality through Peer Review and Quality Assessment Programme

The Institute’s Practice Review (PR) Framework is set to undergo changes starting 1 July 2024, aimed at enhancing audit quality.
  • June 26, 2024
  • 573 views

The Intersection of Tax Evasion and Money Laundering: A Professional Accountant’s Perspective

Tax evasion and money laundering are two interrelated financial crimes that pose significant threats to the integrity of financial systems worldwide.
  • June 6, 2024
  • 391 views

Announcement

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.
  • June 4, 2024
  • 537 views