Wednesday, January 14, 2015



Championed by CIMA and the American Institute of Certified Public Accountants (AICPA), the Global Management Accounting Principles to be launched at end-2014 can help accountants and finance professionals create optimum value for business. These principles outline the values and qualities that represent best practice management accounting on a global scale.

There are three major principles. Preparing relevant information involves the identification, collection, validation, preparation and storage of information. It requires achieving an appropriate balance between past, present and future-related information; internal and external information; and financial and non-financial information.

Modelling value creation requires a thorough understanding of the business model and wider macro-economic environment. Communicating with impact involves communicating the results of scenario analysis in a manner tailored to the decision being considered and to decision-makers or other audiences.

It requires breaking down complexity and transparency about how conclusions have been reached.

Monday, January 5, 2015



MIA is committed to creating new talent pools to fulfil business demand for accountants and finance professionals. A key strategy is to target and engage youth through interesting accounting-oriented initiatives. The recently-concluded nationallevel Accounting Quiz 2014 is one such effort which successfully attracted participation from thousands of 16 and 17-year old students from across the nation.

Open to all Form 4 and Form 5 students throughout Malaysia, the main objective of this competition is to spark interest amongst students in the field of accountancy.  The competition was conducted in five stages. The first four stages were conducted online while the final stage was conducted live at Sunway College on 13 September 2014.

The Winners Despite the stiff competition from thousands of their peers, the Science students of SMK USJ 13 won the top spot in the AQ 2014. They walked away with a RM1,000 cash prize and RM160,000 worth of scholarships to study accountancy at Sunway College. “Winning the competition was a wonderful experience. It was stressful but well worth it at the end. Our parents, teachers and friends were very supportive throughout the competition,” said Liaw Jia Yoong, 17,the team leader of Elite of 13 from SMK USJ 13, Selangor.

Despite being from the Science stream, Liaw and his three teammates enjoyed learning accounting as they find the concepts interesting and easy to understand. According to SMK USJ 13’s Head of Accounting Unit, Kok Gan Cheng, the students are bright and hardworking. Their effort in taking up Prinsip Perakaunan or Principles of Accounting as an extra subject demonstrates their dedication. “I am very happy that their hard work has paid off. I have always encouraged my students to learn accounting as it is a very useful subject especially when it comes to dealing with business and finance matters. I am happy that despite the tremendous pressure, the students performed very well,” she said.

The first runner-up of the AQ 2014 went to Team Revenue, from SMK Bandar Puchong Jaya (A), who walked away with a RM500 cash prize and RM48,000 worth of scholarships. Second runner-up Team Leaf, also from SMK USJ 13, took home a RM250 cash prize and RM24,000 worth of scholarships. All three teams were from Selangor, which also had the highest number of qualifying teams making it past the preliminary rounds. The prizes and trophies were presented by MIA Chief Operating Officer Datin SK Yap.

A total of 10 teams from nine schools in Selangor, Sarawak, Penang, Negeri Sembilan and Perlis made it to the finals. Supporting Talent Many stakeholders came together to ensure the success of the AQ 2014, which was organised by MIA and  Sunway TES. The competition is open to all Form 4 and Form 5 students throughout Malaysia. The main engagement objective of this competition is to spark interest amongst students in the field of accountancy.

The competition was conducted in five stages. The first four stages was conducted online while the final stage was conducted live at Sunway College on 13 September 2014. The AQ 2014 was supported by the Ministry of Education (MoE) and professional accounting bodies such as ACCA and ICAEW. The other sponsors who came forward to support this competition include professional accounting and assurance services firms namely BDO, Crowe Horwath, Deloitte, Ernst & Young, Gow & Tan, KHR, KPMG, PwC, Salihin Consulting, IMRAN, SJ Grant Thornton, Ahamad Naina Mydin & Associates, and Cheng & Co, as well as CUIR Boutique and ABX Express.

sorces : http://www.mia.org.my/at/at/2014/0910/07.pdf

Thursday, January 1, 2015

AKAUNTAN KESAL NAMA SYARIKAT DISALAH GUNA



IPOH – Seorang pengarah syarikat perakaunan mendakwa sebuah syarikat pemaju perumahan di Ipoh menyalah guna nama syarikatnya. Pengarah My & Co, Michael Yeoh Nam Kooi berkata, syarikatnya tiada kaitan dengan sebuah syarikat hartanah yang beroperasi di Ipoh sejak 2009 terbabit.

“Saya ingin tegaskan syarikat saya tidak terlibat sama sekali dengan syarikat pemaju berkenaan apatah lagi mengaudit segala akaun milik syarikat berkenaan seperti didakwa oleh syarikat terbabit. “Syarikat itu melangkaui saya malah mempergunakan nama syarikat saya untuk kepentingan mereka tanpa persetujuan atau kerelaan saya. "Saya juga tidak tahu menahu berkaitan sebarang audit di syarikat tersebut,” katanya kepada pemberita pada sidang media di Pusat Khidmat dan Aduan BN Perak, di sini.

Nam Kooi berkata, dia mengetahui nama syarikatnya disalah guna melalui seorang pelanggannya dan selepas menerima panggilan daripada sebuah bank di Kuala Lumpur. “Beberapa bank ada menghubungi saya untuk meminta pengesahan adakah ‘pembeli’ yang mahu membuat pinjaman di bank itu ingin membeli rumah daripada syarikat pemaju terbabit dan situlah saya berasa pelik. “Setelah semakan dibuat di Suruhanjaya Syarikat Malaysia (SSM) dan hasil makluman rakan, saya mendapati syarikat itu menggunakan nama syarikat saya tanpa pengetahuan saya sejak 2009,” katanya.

Beliau berkata, pihaknya telah membuat laporan di Balai Polis Sungai Senam berhubung perkara terbabit pada 9 September 2013 kerana ia melibatkan nama baik syarikatnya. Katanya, dia juga sudah mengadu kepada Suruhanjaya Syarikat Malaysia (SSM) namun belum menerima sebarang maklum balas. Sementara itu, Ketua Urus Setia Pusat Khidmat dan Aduan BN Perak, Mohd Rawi Abdullah memohon supaya pihak berkuasa segera menyiasat kes itu.
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