Professional Documents
Culture Documents
STATUTORY BODY
Established under Accountants
Act 1967 under the Ministry of
Finance
3
Accountants Act 1967
4
MIA Functions under the Accountants Act
1967 – Balancing its Dual Roles
STATUTORY /
PROFESSIONAL ROLE
REGULATORY ROLE
Serve Safeguard
Members Education & IC/DC/DAB Public
through Development Financial Statements Interest &
Continuous Professional Review Uphold the
Education and Standards & Practice Review/CPE Profession’s
Practices Audit
Development Reputation
Compliance with By-
Laws
Standard Setters –
AASB and ESB
5
FUNCTIONS OF MIA
6
7
ACCOUNTANTS IN VARIOUS ROLES
PUBLIC SECTOR COMMERCE/ ACADEMIA
PUBLIC PRACTICE
Accountants INDUSTRY Lecturers
Statutory Auditors
Treasurers Internal Auditors Deans
Company Secretaries
Financial Officers Company Secretaries Heads of
Tax Consultants Departments
Auditors Company
Management Accountants
Consultants Inland Revenue
Officers Tax Managers
Liquidators
Bank Negara Officers Corporate Planners
Forensic Accountants
Directors of Ministries CFO
Dato' Mohd Faiz Azmi Dato’ Sri Abdul Wahid Omar Datuk Zaiton Mohd Hassan Y.H. Prof Dato' Dr. Daing
MIA President Minister in Prime Minister’s MIA Vice President, Managing Mohd Nasir Bin Ibrahim
Managing Partner of PWC Department, former President Director of Capital Intelligence Vice Chancellor, Universiti
8
and CEO of Maybank Advisors Sdn Bhd Malaysia Pahang
9
CORPORATE CORPORATE TAX ADVISOR
TREASURER RECOVERY/
INSOLVENCY
ACCOUNTANT
AUDITOR
11
More Accounting talent ……..
60,000
32,000
Achieve Quantity without compromising on
Quality
12
Accountants: Selected Countries
Country Membership GDP Population GDP per Population
(‘000) (US Billion) (million) population per
(US$ ‘000) accountant
Malaysia 31 305 29 10 950
Singapore 29 287 5.3 54 184
Thailand 60 366 67 5 1,107
Philippines 22 250 97 2.6 4,381
Indonesia 21 877 247 3.6 11,906
Vietnam 10 156 89 1.8 11,097
Hong Kong 37 274 7.1 38 195
Australia 191 1,532 22.7 67 119
New 33 171 4.4 39 136
Zealand
South Africa 44 382 52 7 1,194
Source: CSAP report - as at 2014
13
14
Do You Know That…
Attributes
of an
Accountant
Technical knowledge Intellectual skills /
Abilities
18
What the employers say?
Important attributes in considering potential employees :
~ based on recent employability survey done by Frost & Sullivan
• Good attitude
• Work Ethics
• Willingness to learn
• Teamwork
• Hardwork / discipline
• Analytical skills
• Communication skills
• Technical skills : Financial reporting
• Proactivity
• Language proficiency : English
19
20
Development Chart of an Accountant
Professional
Classroom Practical Professional Accountant's
learning Experience Development Capabilities &
Competencies
21
Internship : A Rewarding Experience
Networking Opportunities
Gain Confidence
22
The take-away from Internship
25
For more information go to : http://www.yayasanpeneraju.com.my/?data-yayasan-peneraju=64
MyPAC Programme
URL: www.mia.org.my
E-mail: mia@mia.org.my
Membership Services: membership@mia.org.my
27
28