Malaysian Institute of Accountants
| Malaysian Institute of Accountants (MIA) |
|
|---|---|
 |
|
| Motto | Accountants : Managers of Value |
| Formation | January 1, 1967 |
| Legal status | Body corporate incorporated under the Accountants Act, 1967 of the Parliament of Malaysia |
| Objective | Regulate the auditing and accounting profession in Malaysia |
| Headquarters | Kuala Lumpur,  Malaysia |
| Region served | Malaysia |
| Membership | 28,331 |
| Member's designations | C.A.(M), L.A.(M) or A.M.(M) |
| President | Datuk Mohd Nasir Ahmad |
| Vice President | Abdul Rahim Abdul Hamid |
| Acting Chief Executive Officer | Ho Foong Moi |
| Chief Operating Officer | Chua Suat Khim |
| Governing body | Council |
| IFAC member since | October 7, 1977 |
| Website | www.mia.org.my |
The Malaysian Institute of Accountants (MIA) is a statutory body responsible to regulate the accountancy profession in Malaysia. It is the sole organisation in Malaysia with the right to determine whether or not a person is qualified to be recognised as an accountant by virtue of the power provided by the Accountants Act, 1967.
The focus of MIA is to enhance the credibility of the accountancy profession through three approaches.
Firstly, MIA sets the benchmark for the qualification to be recognised. It is also involved in providing continuing professional education to ensure the members are updated on the new knowledge and skills required out of them.
Secondly, MIA sets professional standards to be complied with by its members in line with global expectations. This includes providing implementation guidance to members. The standards set by MIA are auditing standards and By-laws (On Prefessional Conducts and Ethics).
Finally, MIA enforces the standards through its surveillance and disciplinary processes.
To assist better implementation of Financial Reporting Standards in Malaysia, MIA establishes the Financial Reporting Standards Implementation Committee which provides guidance on implementation issues. [1]
At the international level MIA is a member of the [[International Federation of Accountants] and Asean Federation of Accountants.
MIA won the right to organise the 18th World Congress of Accountants in 2010, which was held at the Kuala Lumpur Convention Centre, Kuala Lumpur. [2]
Contents |
[edit] Presidents of MIA
The President is elected among the members of MIA Council. Among those who served as President are:
- Datuk Mohd Nasir Ahmad
- Abdul Rahim Abdul Hamid
[edit] See also
- Accountancy in Malaysia
- Malaysian Institute of Certified Public Accountants
- Malaysian Accountancy Research and Education Foundation
- Malaysian Institute of Taxation
[edit] References
[edit] External links
- Official website of the Malaysian Institute of Accountants
- Official website of the International Federation of Accountants
|
||||||||||||||||||||
