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 [...]

Helen Brand Appointed As New Head of ACCA Global

The Association of Chartered Certified Accountants (ACCA) has appointed Helen Brand as its new chief executive officer effective Sept 1. Brand replaces Allen Blewitt,who returned to after being based at the association’s headquarters in London the last five years.

According to the new CEO:

She aims to maintain ACCA’s position as the lead global [...]

MIA Seeks Enhanced Regulatory Role,Better Recognition

The Malaysian Institute of Accountants (MIA) has proposed to amend the Accountants’ Act 1967 so as to enable it to participate more actively in designing surveillance mechanisms and disciplinary actions against errant accountants. By having such amendments,MIA also want to enhance local accountants’ competitiveness on the global front.

MIA president Nik Mohd Hasyudeen Yusoff [...]

MASB To Issue 4 Financial Reporting Standards This Year

Since 2005,MASB had been joining IASB in the process of developing new financial reporting standards in order to ensure the standards were acceptable prior to issuing them in Malaysia.

For this year,The Malaysian Accounting Standards Board (MASB) is reviewing four financial reporting standards issued by the International Accounting Standards Board (IASB) and [...]

MIA Sets Up Committee On FRS Implementation

On Jan 30,Malaysian Institute of Accountants (MIA) has launched the Financial Reporting Standards Implementation Committee (FRSIC).

According to MIA president Abdul Rahim Abdul Hamid,

· FRSIC was set up as there is the absence of a specific organisation that could facilitate the implementation of the standards,particularly on contentious [...]