MIA reports that it enhances awareness of the Practice Review Program of its members and other stakeholders, plans to increase the resources available to the programs, and continues to conduct regular seminars on audit quality enhancement as part of the audit enhancement program for member firms. Any person accessing this site agrees to the We are the global organization for the accountancy profession, comprising more than 175 member and associate organizations in 130 countries and jurisdictions, representing nearly 3 million professional accountants.We support the development, adoption, and implementation of high-quality international standards. All rights reserved. While most of the requirements of SMO 6 are in place, MIA has identified areas that need to be addressed, including (i) ensuring members of its disciplinary committee include non-accountants, (ii) ensuring there is an independent review of complaints that have no follow up (iii) publishing outcomes and results of investigative proceedings, and (iv) liaise with outside bodies when serious offences and crimes are identified. We are the global organization for the accountancy profession, comprising more than 175 member and associate organizations in 130 countries and jurisdictions, representing nearly 3 million professional accountants.We support the development, adoption, and implementation of high-quality international standards. MIA is currently reviewing its CARE program with the aim of improving it to meet the requirements of revised IES 5. We speak out as the voice of the global accounting profession.Insights, resources and tools from leading voices in accountancy and business.Established under the Accountants Act 1967, the Malaysian Institute of Accountants (MIA) is the national accountancy body that regulates, develops, supports, and enhances the integrity, status, and interests of the profession in Malaysia. Please see our full Unit 33-01, Level 33, Tower A, Vertical Business Suite, Avenue 3Copyright © 2019 International Federation of Accountants. On July 6, 1964 the Association changed its name to The Malaysian Association of Certified Public Accountants (MACPA). IFAC bears no responsibility for the information provided in the SMO Action Plans prepared by IFAC member organizations. MIA reports that it raises member awareness of the IESBA Code of Ethics through seminars and public practice programs. To promote further continuing education activities, MIA is producing various technical and non-technical continuing professional education (CPE) programs relevant to the accountancy profession in the form of seminars, workshops, forums, and conferences.

Working closely alongside businesses, MIA connects its membership to a range of resources, events, and professional development and networking opportunities. Every PC holder is therefore expected to comply fully with Section B200.1 to B200.6 of the MIA By-Laws (On Professional Ethics, Conduct And Practice) failing which, you may be held liable for unprofessional conduct and disciplinary action may be taken against you.’ MIA has made progress in clearing its backlog of cases, and has implemented new and revised standard operating procedures to increase the efficiency and effectiveness of the process. MIA also reviews consultation documents issued by the IAASB and submits comments and facilitates implementation of ISA for its members. MIA regularly communicates with members on CPE requirements and promotes CPE courses via its website, e-learning modules, email campaigns, journals, and brochures.Having adopted ISA, MIA has established an ongoing process to ensure continuous adoption of the standards. It was first known as The Malayan Association of Certified Public Accountants (MACPA). Having no direct responsibility for the adoption of IFRS, MIA focuses on providing guidance on the implementation of IFRS, reviewing drafts, and issuing comments on drafts issued by the Malaysian Accounting Standards Board (MASB), and is involved in MASB’s standard-setting process via working groups and task forces. MIA Member Firm Directory Online offers a range of information regarding Audit and Non-Audit firms covering a variety of details including Firm Name, Firm Registration Number, Head Office and Branch Addresses, Telephone and Fax numbers, Email, Website addresses and Managing Partner. MICPA was formed on July 26, 1958. MIA also organizes events to train and educate its members on ISA, and offers technical assistance by responding to technical enquiries from members. MIA reports that its Ethics Standards Board (ESB) has adopted the latest version of the IESBA Code of Ethics, with some modifications, to promote adherence to high-quality ethical standards in Malaysia.

Since October 2013, MIA has recruited a director to head the Surveillance and Enforcement Division, a manager to handle disciplinary matters, and an accounting manager and assistant accounting manager to ease the work load.


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