Non-Statutory Committees
Structure and Authority of the Board
- The Education Board (“Edu Board”) is an independent committee designated by, and operating under the auspices of the Council of the Malaysian Institute of Accountants (“MIA” or “Institute”) to establish requirements of professional accountancy education. The EB sets the MIA Competency Framework (“CFM”), which serves as the baseline requirements for accountancy professionals to register as MIA members.
- The Edu Board also approves and oversees the implementation plans and activities related to MIA CFM and ensures it is consistent with global standards and particularly IFAC International Education Standards (“IES”) as issued by the International Accounting Education Standards Board (“IAESB”).
Objectives
- To ensure the MIA CFM is relevant based on market requirements;
- To determine the qualifications and proficiency required for persons for admission as members of MIA reflecting good practice in education, development and assessment of professional accountants; and
- To plan and set strategic directions and lead on any matters related to professional accountancy education.
Responsibilities
- To develop, review, and maintain the MIA CFM to ensure its relevance to the regulatory framework governing the accountancy profession and the market;
- To ensure the compliance of the MIA CFM to the International Federation of Accountants (“IFAC”) Statement of Membership Obligations 2 (SMO 2);
- To evaluate and accredit accounting qualifications offered by Higher Education Providers and Professional Accountancy Organisations for purpose of admission as members of the Institute;
- To set policy matters on Accreditation and Review of Higher Education Providers, Relevant Practical Experience and/or any other policy matters related to professional accountancy education in line with the IFAC IES and MIA CFM;
- To ensure Higher Education Providers and Professional Accountancy Organisations seeking accreditation and/or review demonstrate that their programmes meet and will continue to meet the requirements of the Institute for the purpose of admission as members of the Institute;
- To take lead in promoting the accountancy profession, which involves comprehensive efforts in capacity building as well as establishing relevant platforms for the creation of awareness regarding the profession and imparting the necessary knowledge and skills required by accountants to the primary, secondary and tertiary education level;
- To engage and provide feedback to the International Accounting Education Standards Board (IAESB), Ministry of Education (MOE), Ministry of Higher Education (MOHE), Malaysian Qualifications Agency (MQA) and other relevant Ministries and Government Organisations on matters including but not limited to, accounting education, positioning and perception of the accountancy profession as well as expectation of employers;
- To lead engagement with the Malaysian Qualification Agency (MQA) on policy matters and/or other matters including the accreditation of accounting education and Programme Standard of Accounting;
- To provide feedback on matters in relation to the funding and operational budget of Higher Education Providers to the relevant Ministries and to provide support on the capacity development of academicians;
- To lead collaboration with employers and industry in addressing accounting education and skill sets issues as well as being a voice of the profession in bridging the gap between employers and education providers on emerging issues pertaining to capability and capacity of accountancy professionals;
- To support and strengthen the accountancy education infrastructure in line with the capacity and capability of accountancy professionals required by the market; and
- To generally do such acts as the EB deems fit for the purpose of achieving any of the aforesaid objectives in Clause S2.
Chairman
Datuk Zaiton Mohd Hassan
Chief Executive Officer
Malaysia Professional Accountancy Centre (MyPAC)
Members
Aznorashiq Mohamed Zin
Director Investigation Division
Suruhanjaya Syarikat Malaysia
Chong Dee Shiang, Teresa
Partner
KPMG
Dr. Foo Yin Fah
Freelance Educator
Lim Fen Nee
Independent Board Member
Malaysia Resources Corporate Berhad
Prof. Dr. Maliah Sulaiman
Director
Centre for Islamic Accounting and Auditing, Salihin
Dato’ Merina Abu Tahir
Independent Non-Executive Director
Tenaga Nasional Berhad and SP Setia Berhad
Mohamad Dzafir Mustafa
Pengarah Kanan
Pembangunan Dasar dan Kepakaran
Malaysian Qualifications Agency
Ooi Thiam Poh, Alex
Executive Officer
Audit Oversight Board
Securities Commission Malaysia
Noorlida Mohd Khalid
Pengarah
Bahagian Pengurusan Audit Dalam
Jabatan Akauntan Negara
Phan Su Han, Josephine
Retired
Prof. Datin Dr. Suzana Sulaiman
Assistant Vice Chancellor
Institute of Quality & Knowledge Advancement (InQKA), Universiti Teknologi MARA
Dr. Nurmazilah Dato’ Mahzan
Non-Executive Director
BIMB Securities Berhad
Tan Khoon Yeow
Partner
Learning and Professional Development
BDO Malaysia
Muhammad Syarizal Abdul Rahim
Partner, Islamic Financial Services, Assurance
Ernst & Young PLT
Dato’ Prof. Dr. Norzaini Azman
Timbalan Ketua Pengarah Pendidikan Tinggi,
Jabatan Pendidikan Tinggi