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Published by Afterschool.my on Oct 18, 2016, 09:49 am
In mid-2014, Prime Minister Datuk Seri Najib Razak called for the establishing of a centre for professional accounting programmes in UiTM to boost the number of Bumiputera professional accountants. Following the recommendation, UiTM created the Centre of Professional Accountancy UiTM (IPAC Education) on March 25, 2015 as a private entity under UiTM Holdings.
The centre will serve as the tuition provider for globally renowned professional accounting qualifications namely, the Institute of Chartered Accountants in England and Wales (ICAEW), the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Management Accountants (CIMA) and also our home-grown professional qualification by the Malaysian Institute of Certified Public Accountants (MICPA). The centre is located at INTEC, Section 17 of Shah Alam.
Afterschool was given the opportunity to have a chat with the Director of IPAC Education to understand the importance of the establishment and INTEC Education College.
Associate Professor Mahfudzah Mohamed was the Head of Professional Programme Department, Faculty of Accountancy UiTM for 11 years and a lecturer at UiTM for almost 20 years. She was given the responsibility for the strategy, management and operations of professional accountancy programmes for IPAC Education at INTEC Education College.
We are in need of more professional accountants, especially those Bumiputera status. We are diverting students straight into the world of professional accountancy exposing them to exams which are practical and business oriented, building up knowledge and confidence to create rapport with the top accounting firms in Malaysia such as PWC, Ernst & Young, and KPMG.
Anyone can be an accountant. Just like engineering or medicine, the world of accountancy is a diverse starting point for all. But once you have ventured into this professional aspect, be prepared. The examinations are tough. Commitment and focus is needed to understand what is presented to you and how to solve. A certain level of English proficiency is also important, as the papers are of international acknowledgment.
As for the requirements, students need SPM qualifications with a minimum of 5As, especially in English and Mathematics. We use it as a measure but if students are determine to take the leap and take the exams at full force; we would applaud and accept them into IPAC Education.
I can’t say there is a difference in the aspect of examinations or programmes. What I can say we are proud to be collaborating with ACCA, where our graduates will be taking the next step in their professional accounting programmes. With ACCA, our students have the flexibility to work and study towards their professional qualifications. ACCA has been in Malaysia for quite some time, thus the rapport we have created allows an equal trust for the future of our current and future students of IPAC Education. We are planning to branch out to other professional bodies, staring with Institute of Chartered Accountants in England and Wales (ICAEW) in January 2017.
We expected good results but did not expect such a large number of students to receive 75 percent for two semesters throughout their one year with IPAC Education. This places high standards for the new cohorts to be even better than their seniors, engaging in a hearty battle of the wits. It also builds on the success of IPAC Education and its reputation as the ideal centre for professional accountancy programmes. I’ve also seen their confidence levels rising, being adaptable and flexible in situations where you need to think on your feet.
First of all, I would like to say congratulations for your achievements. I am proud of you and I pray for a bright future ahead. Whatever that you do, do it for the right reason. Have a good balance in your moments, and appreciate the time that has been given to you, too.
Venture inside IPAC Education @ INTEC, and enjoy the fast-track to the world of professional accountancy.
On the weekend of Friday 20th to Sunday 22nd October, 14 intrepid students of Kolej Yayasan UEM, as participants of the DofE Silver Award , in two groups of 7, set off on their first taste of adventure – the Silver Trial Expedition. This three-day, two-night expedition is a practice and training e..
Sunway College winners of the 2023 Outstanding Cambridge Learner Awards Ceremony with Ruth Cheah, Director of the Sunway College Cambridge A-Level Programme Young Malaysians have consistently demonstrated their remarkable ability to dominate global rankings, and the recently announced 2023 Outs..
Chong (third from left) receiving her certificate of achievement from Assoc Prof Dr Hazizi Abu Saad (second from left), Vice President of MASO.As an institution transitions into a university, the emphasis on research takes centre stage. This is why the achievement of TAR UMT’s PhD student in L..
After a First Runner-up finish in a tax competition she participated in last year, Tan Hui Theng from TAR UMT was motivated and even more determined to finish higher in the Ernst & Young Young Tax Professional of the Year (EY YTPY) 2023 Malaysia. This time, she succeeded in emerging as the winne..
Ms Josephine Ong (rightmost), representative from MDEC presenting the PDTI certificate to Asst Prof Dr Wong Thein Lai (leftmost), Deputy Dean of FOCS, Asst Prof Dr Lim Li Li (second from left), Dean of FOET and Ms Dearna Kee June Chen (second from right), Dean of FCCI.Recognising its excellence in d..
Mr Ling (left) receiving the President’s Award on behalf of his daughter from Prof Ir Dr Lee (right).TAR UMT’s September 2023 Convocation Ceremony on 9 - 10 September 2023 was conducted in its usual celebratory fashion, but this time it was capped with a special moment that exempli..
On 20th October 2023, KYUEM’s batch 26.0 hosted their Cultural Performance Night 2023 (CPN) presenting a night of fun that emphasised unity amongst diversity. The CPN celebrated the diverse and rich cultures in Malaysia. The night started sharp at 8 pm at the Great Hall. The festivities b..
The first thing you hear about the appeal of KYUEM is its university connections and ability to provide you with a bright future but the second is the range of events that the school holds. Amongst these are Housetrips, which are among the most anticipated events of the year. This Garnet Housetrip a..
On October 21, 2023, around 90 Sapphire members embarked on a trip to Eco Venture Resort & Retreat in Semenyih. Upon arrival, we received a warm welcome from the facilitators. Prior to our first team-building activity, we divided into 10 groups, each consisting of 9 members, and assigned a team ..
On the 7th of October, Kolej Yayasan UEM’s (KYUEM) Indian Cultural Club (ICC) held its Colour Run, a flagship event that takes inspiration from the traditional Holi festival. The event was joined by students of all races and ethnicities, in line with the nature of the Colour Run.The event star..
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