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Malaysian Institute of Accountants

From Wikipedia, the free encyclopedia

AbbreviationMIA
Formation1 January 1967; 57 years ago (1967-01-01)
Legal statusBody corporate incorporated under the Accountants Act, 1967 of the Parliament of Malaysia
HeadquartersKuala Lumpur, Malaysia
Region
Malaysia
Membership
39,000 members (as of 31 December 2023)
Official language
English and Malay
President
Dato’ Seri Dr Mohamad Zabidi Ahmad
Vice-President
Saniza Said
Chief Executive Officer
Dr Wan Ahmad Rudirman Wan Razak
Websitewww.mia.org.my

Malaysian Institute of Accountants (MIA) is the umbrella body for the accountancy profession in Malaysia. It was established under the Accountants Act, 1967 to regulate and develop the accountancy profession in this country. MIA operates under the purview of the Ministry of Finance through the Accountant General's Department.

MIA is the only accountancy body empowered by law to regulate the accountancy profession in Malaysia, thus making MIA membership mandatory for those holding themselves out or practising as an accountant in the country. MIA’s membership encompasses both legal and market recognition for accountants in Malaysia.

Members of MIA are conferred with the designation Chartered Accountant Malaysia, abbreviated as ‘C.A.(M)’. This designation is given to a professional in accountancy, business and finance with recognised accountancy qualification and relevant work experience. At present, there are more than 38,000 MIA members working in all industries and states of Malaysia.

As an umbrella body for all the accountants in Malaysia, MIA’s responsibilities include education and quality assurance as well as enforcement, to maintain the credibility of the profession and the public interest.[1] MIA is a member of the International Federation of Accountants (IFAC)[2] and the ASEAN Federation of Accountants (AFA).[3]

MIA hosted the 18th World Congress of Accountants from 8–11 November 2010, which was held at the Kuala Lumpur Convention Centre. A record number of 6,000 delegates from 134 countries participated. The Congress, which originated in 1904 and has been held regularly since 1977, was jointly organised by the MIA and the International Federation of Accountants (IFAC).[4]

Presidents of MIA

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The President is elected among the members of MIA Council. Among those who served as President are:

  • Dato' Shamsir Omar (1967–87)
  • Dato' Hanifah Noordin (1987–99)
  • Dato' Syed Amin Aljeffri (2000)
  • Tan Sri Abdul Samad Hj. Alias (2000–05)
  • Abdul Rahim Abdul Hamid (2005–07)
  • Nik Mohd Hasyudeen Yusoff (2007–09)
  • Abdul Rahim Abdul Hamid (2009–11)
  • Datuk Mohd Nasir Ahmad (2011–13)
  • Datuk Johan Idris (2013–15)
  • Dato' Mohammad Faiz Azmi (2015–17)
  • Salihin Abang (2017–2019)
  • Huang Shze Jiun (2019-2020)
  • Dr Veerinderjeet Singh (2020-2022)
  • Datuk Bazlan Osman (2022-2024)
  • Dato’ Seri Dr Mohamad Zabidi Ahmad (2024)

See also

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References

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  1. ^ "About MIA". Archived from the original on 9 June 2022. Retrieved 18 July 2018.
  2. ^ "Members". IFAC. Archived from the original on 24 September 2015. Retrieved 15 January 2014.
  3. ^ "Membership". AFA. Archived from the original on 16 January 2014. Retrieved 15 January 2014.
  4. ^ World Congress of Accountants 2010 Opens with Record Number of Delegates, IFAC. 8 November 2010. Retrieved 15 January 2014.
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