Browsing Tag
Nov Dec 2021
22 posts
Less Complex Entities (LCE) Standard: A Panacea for A Cost-Effective Audit?
The long-awaited, separate, standalone, proposed International Standard on Auditing for Audits of Financial Statements of Less Complex Entities (ISA for LCE) which is based on the core requirements of the International Standards on Auditing (ISAs)…
Cessation of Cash and Cheque Payments to MIA
In line with Bank Negara Malaysia’s Financial Sector Blueprint for a cashless society, which is aligned with Malaysia’s Digital Economy Blueprint, the Malaysian Institute of Accountants will cease to accept payments through cash or cheque beginning January 2022.
MIA Launches Report of a Study on Emerging Technology Adoption Within Accounting Programmes by Higher Learning Institutions in Malaysia
As the world and the workplace become increasingly digitalised, it is essential that accountants be able to stay abreast of technological developments and adapt these for work.
Use of Artificial Intelligence (AI) on Accounting Transactions to Enhance Audit Quality
Rachel Grimes, former International Federation of Accountants (IFAC) President said that “technology will go on helping to burnish (enhance) the profession’s credentials as a trusted adviser.” She called for the profession to continue adopting and implementing emerging technologies or otherwise being left stranded on the sidelines.
