Strengthening Compliance and Quality: How SMPs Can Prepare for Practice Review 

For Small and Medium Practices (SMPs), being selected for a Practice Review presents both a responsibility and an opportunity.
  • March 12, 2026
  • 35 views

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REGULATORY

132 posts

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
  • 3.6K 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
  • 3.6K 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
  • 2.0K 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
  • 1.9K 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
  • 2.0K 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
  • 2.3K 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
  • 1.7K 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
  • 2.5K views

Clarification on issues related to Practice Review Programme

As a member of the International Federation of Accountants (IFAC), it is incumbent upon the Malaysian Institute of Accountants (MIA) to implement the PRP for its member firms.
  • June 19, 2023
  • 2.4K views

Clarification on case decision in Courts: Wong Ching Yong v Malaysian Institute of Accountants

A Notice of Complaint was issued to Wong Ching Yong (“WCY”) by the Malaysian Institute of Accountants (“MIA”) following a review conducted on WCY by the Practice Review Committee.
  • June 19, 2023
  • 2.7K views