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REGULATORY

125 posts

Unprofessional Conduct – Punishments the Disciplinary Committee can impose

The definition of ‘unprofessional conduct’ is explained within the purview of the Malaysian Institute of Accountants (Disciplinary) (No.2) Rules 2002 [‘the Disciplinary Rules’] (article published on 23 April 2023).
  • January 5, 2024
  • 1.2K views

Frequently Asked Questions (FAQs) on the Peer Review Process under the Practice Review Committee (PRC)’s Order For Type 3 Firms

Effective 1 Jul 2024, the Institute’s Practice Review (PR) Framework will be revised. One of the key changes will be the introduction of Peer Review for the audit firms (AF) with Type 3 rating. 
  • January 3, 2024
  • 1.6K views

Revision of Practice Review (PR) Framework Effective 1 July 2024

Practice review plays an integral part in the MIA’s quest to continue refining its approach to regulate the audit profession, especially the method by which it inspects audit, to determine the problems that auditors need to fix.
  • November 21, 2023
  • 2.2K views

MIA Enhances Its Professional Ethics Standards on Public Interest Entities, Effective 15 December 2024

The Malaysian Institute of Accountants (MIA) has expanded its definition of Public Interest Entities (PIEs) to hold audit firms to higher ethical and independence standards, thereby raising audit quality and ultimately strengthening good governance and trust.
  • November 16, 2023
  • 2.1K 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
  • November 10, 2023
  • 1.3K 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.
  • November 8, 2023
  • 1.2K views

Practice Review (PR) Process: Guidelines on Submission of Practice Review Questionnaire for Practice Review

This article provides the guidelines on the submission of the Practice Review Questionnaire (PRQ) upon the receipt of the notification letter of Practice Review (PR).
  • September 27, 2023
  • 1.2K 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.
  • September 20, 2023
  • 1.7K 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 8, 2023
  • 1.2K 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 30, 2023
  • 1.8K views