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Financial reporting for aspiring accountants

Published by Afterschool.my on Nov 30, 2015, 04:29 pm

Malaysian Institute of Accountants (MIA) and the Asian Institute of Finance (AIF) hosted a session today between world renowned accounting professional Sir David Tweedie and Malaysia's aspiring accountants, financial business professionals and academicians.

Sir David Post

Titled, "Reflections on a journey of an IFRS Standard Setter", Sir David Tweedie, Chairman of the International Valuation Standards Council Board of Trustees, shared his experiences of financial reporting as well as in handling issues in the landscape of the business world. This included working on creating new framework to organise inconsistencies as well as overcoming other early challenges within the International Accounting Standards Board (IASB).

Sir David Tweedie also provided insights for undergraduates and academicians on contemporary accounting and financial issues.

MIA

The event reflected the partnership between the accounting industry and academia, as emphasized in the report by the Committee to Strengthen the Accountancy Profession (CSAP). More than 300 students from institutions of higher learning also attended the session with their lecturers.

Malaysian Institute of Accountants (MIA) president Dato' Mohammad Faiz Azmi expressed his enthusiasm for this sharing session and underlined that it aimed towards supporting the goal for Malaysia to develop into a high income knowledge-based economy.

According to him, MIA would continue to engage with the academia to help achieve the government's target for the number of accountants to double by 2020.

Dr Raymond Madden, CEO of Asian Institute of Finance (AIF) was also present and opened the session this morning.

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