May June 2021
Developing a Technology Adoption Strategy for SMPs
June 30, 2021
INNOVATION

Developing a Technology Adoption Strategy for SMPs

Developing a technology adoption strategy is crucial for SMPs’ future relevance in the evolving digital economy.

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3 months ago
Strengthened Provisions on Inducements
June 30, 2021
GOVERNANCE

Strengthened Provisions on Inducements

The Revised By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants [Revised By-Laws of MIA] which came into effect on 15 June 2019 made the provision on inducements far more robust.

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3 months ago
Government Unveils Pemulih Aid Package Worth RM150 Billion
June 29, 2021
MIA NEWS

Government Unveils Pemulih Aid Package Worth RM150 Billion

Yesterday, Malaysia’s Prime Minister Tan Sri Muhyiddin Yassin announced RM150 billion in economic aid with a fiscal injection of RM10 billion following the extension of the first phase of the National Recovery Plan...

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3 months ago
COVID-19 Financial Reporting Issues for Entities Using MPERS
June 29, 2021
TECHNICAL

COVID-19 Financial Reporting Issues for Entities Using MPERS

MIA’s first e-book - the Interactive e-Book of the MIA Illustrative *MPERS Financial Statements, with Commentaries and Guidance Notes (MPERS Interactive e-Book) is especially relevant in the light of the uncertainty caused by the COVID-19...

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3 months ago
COVID-19 Impact on Audits of Entities Applying MPERS
June 28, 2021
TECHNICAL

COVID-19 Impact on Audits of Entities Applying MPERS

MIA held a panel discussion on the impact of COVID-19 on MPERS financial reporting during the launch of the *MPERS e-book. Tan Khoon Yeow, Partner, Learning & Development, BDO highlighted some issues that auditors should note

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3 months ago
LHDN’s Responses to Appeal for Extension of Time (EOT) and Other Tax Compliance Matters
June 25, 2021
MIA NEWS

LHDN’s Responses to Appeal for Extension of Time (EOT) and Other Tax Compliance Matters

Further to Circular No 54/2021 and No 66/2021, please be informed that the Institute received  a letter dated 25 June 2021 from the Inland Revenue Board (IRB) on the appeal for extension of time for filing of income tax return forms and tax payments.

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3 months ago
Decisions of the Disciplinary Committee of the MIA
June 25, 2021
GOVERNANCE

Decisions of the Disciplinary Committee of the MIA

Decisions of the Disciplinary Committee of the Malaysian Institute of Accountants (‘Institute’) against members pursuant to Rule 18(1) of the Malaysian Institute of Accountants (Disciplinary) Rules 2002

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3 months ago
Brief Hearing Procedures in a Disciplinary Proceeding
June 22, 2021
GOVERNANCE

Brief Hearing Procedures in a Disciplinary Proceeding

The proceeding before the Disciplinary Committee (‘the DC’) of the Malaysian Institute of Accountants (‘the Institute’) is governed by the Accountants Act 1967 (‘the Act’) and the Malaysian Institute of Accountants (Disciplinary) Rules 2002 (‘the Rules’).

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3 months ago
COVID-19 and Valuation – Part 2
June 08, 2021
TECHNICAL

COVID-19 and Valuation – Part 2

This is the second and final part of the COVID-19 and Valuation series.

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3 months ago
Transitioning to MPSAS
June 04, 2021
TECHNICAL

Transitioning to MPSAS

In 2016, the Ministry of Finance issued a letter to all federal statutory bodies (FSBs), encouraging the application of the Malaysian Public Sector Accounting Standards (MPSAS) in their financial statements.

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4 months ago