ACCA and MICPA sign Mutual Recognition Agreement(MRA)
At a ceremony on August 13, 2007 at Le Meridian Kuala Lumpur attended by Dato’ Nordin Baharuddin , MICPA President and Mrs Gillian Ball, ACCA President, a Mutual Recognition Agreement (MRA) was signed by The Malaysian Institute of Certified Public Accountants (MICPA) and ACCA (the Association of Chartered Certified Accountants) with the following details:
- provides a route for members of both MICPA and ACCA to join the other body, and enjoy the benefits which both respected designations can offer.
- ACCA is the world’s largest and fastest-growing professional international accountancy body with 296,000 students and 115,000 members based in 170 countries.
- MICPA is an established professional accountancy body with technical excellence. It has over 3,000 CPAs engaged in public accounting practice and various fields of employment and close to 800 students pursuing the CPA qualification.
Tabulate below:
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MUTUAL RECOGNITION AGREEMENT(MRA) SIGNED BETWEEN ACCA & MICPA |
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For ACCA Members |
For MICPA Members |
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ACCA members may obtain MICPA membership by passing the MICPA Admitting Examination
Alternatively, ACCA members with more than 5 years post-qualification experience can qualify for CPA membership by passing an interview with the MICPA Membership Admission Panel. Upon obtaining CPA membership they will gain a prestigious CPA designation with technical excellence. |
MICPA members wanting to gain ACCA membership will have to prepare for and pass ACCA’s Professional Accountant paper, P1, from the final level of ACCA’s examinations.
Alternatively, those MICPA members with more than 5 years post-qualification experience can qualify for ACCA membership by taking the ACCA online Professional Ethics module, a key part of ACCA’s revised 2007 professional syllabus or the ACCA Critical Incident Questionnaire. Upon obtaining the ACCA membership they will gain a globally recognised and portable qualification. |
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September 8, 2008
Posted in: Accounting Updates/News
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