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Published by Afterschool.my on Nov 06, 2015, 04:22 pm
ICAEW and government agencies are working together to increase the cohort of professional bumiputera accountants in Malaysia. Currently, they represent just eight percent of the total 32,000 accountants in Malaysia.
This was highlighted yesterday at the ICAEW graduation ceremony for 143 exceptional students who have completed the internationally recognised ICAEW chartered accountancy qualification, the ACA.
In his keynote address, YB Senator Dato' Sri Abdul Wahid Bin Omar said “Together with ICAEW and other professional accounting bodies, we hope to help Malaysia advance closer towards its ambition of gaining 60,000 qualified accountants by 2020; they will lead businesses and contribute to economic development of the country.”
ICAEW has been working closely with the Economic Planning Unit (EPU), who has taken the lead with other government agencies such as Peneraju, MyPAC and TalentCorp, to identify calibre students qualified for financial help.
In addition, ICAEW is recognised by EPU as one of the professional accounting bodies to assist Bumiputera students to establish a professional accounting career under the Peneraju Profesional Akauntan Muda (PPAM) programme.
ICAEW President Andrew Ratcliffe in his speech said, “Gaining the qualification means the first step towards a rewarding career as chartered accountant, and also stands for the highest professional, technical and ethical standards.
"Through our Royal Charter, ICAEW has taken on the responsibility to act in the public interest and our members embody that by acting in accordance with our code of ethics, by keeping their knowledge up to date, and providing informed advice and support to business.”
ICAEW has trained 383 Malaysian ACA graduates since its inception in 2011. At present, ICAEW is offering the ACA qualification at over 100 Authorised Training Employers (ATEs). These include BDO, Boustead Holdings Berhad, CIMB Group Sdn Bhd, Deloitte, EY, GHL Berhad, Genting Malaysia, Hong Long Group, HL Wong, KPMG, Khazanah, PwC, Petronas, SJ Grant Thornton, Sime Darby Berhad and Sunway Group.
Click here to learn more about the ICAEW ACA Qualification.