More about MAAA
The Malaysian Association of Accounting Administrators (MAAA), previously known as the Malaysian Association of Accounting Technicians (MAAT) was formed by the Malaysian Institute of Accountants (MIA) on 14 March 1990 in recognition of the two-tiered nature of the accountancy profession.
On 20 April 1992, the MAAA was officially launched by the then Deputy Finance Minister, YB Dato’ Loke Yuen Yow. All those who had been practising in the accounting field, albeit, as “unqualified” accountants by virtue of Sections 22 & 23 of the Accountants Act 1967, were urged to join the MAAA, as it was sponsored by the MIA, the regulatory body for the accountancy profession in Malaysia.
The formation of the MAAA gives due recognition to the growing number of the new professionals, i.e. the accounting administrators. As MAAA Members, they may start off first as Accounting Technicians (AAT(M)), but may be elevated to Accounting Administrators (A.Adm) once they have acquired the relevant qualifications coupled with five years of accounting experience at the supervisory level.
Membership with the MAAA is thus significant as it is considered the “best route” to the MIA. MAAA Members with the relevant qualifications that fulfils the criteria set by the MIA, would be eligible to sit for the MIA Qualifying Examination and apply for membership with the MIA. The first batch of MAAA Members was admitted on 13 August 1992, and the membership has grown steadily over the years.
Incorporation and Aims
The Malaysian Association of Accounting Administrators (MAAA) was incorporated in 1990 under Section 16(4) of the Companies Act, 1965 as a company limited by guarantee in recognition of the two-tiered nature of the accountancy profession. MAAA is a company sponsored by the Malaysian Institute of Accountants (MIA), the regulatory body for Accountants in Malaysia.
- To provide a qualification to be known as Accounting Technicians/Administrators for persons employed on duties customarily undertaken by assistants to accountants registered with the MIA.
- To provide an organisation and membership for such persons who are desirous of acquiring such qualification and persons who are granted such qualification.
- To promote in the public interest the technical competence of such persons engaged in positions and performing the functions of accounting technicians/administrators.