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:
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 accountancy body in terms of reputation and size.
- The challenge is to make sure that ACCA stay ahead and achieve its potential. This is because the Association is one of the world’s largest and fastest-growing accountancy bodies with 122,426 members and 325,606 affiliates and students in 170 countries. As at Sept 3, had 33,000 ACCA members, students and affiliates. Continue reading Helen Brand Appointed As New Head of ACCA Global
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 said that [...]
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 and plans [...]
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 [...]
FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four, Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.
Also author to another very popular free educational accounting cum finance blog: http://basiccollegeaccounting.com under the branding of College Accounting Coach.
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