On Professional Ethics, Conduct, and Practice of the Malaysian Institute of Accountants

Amendments were made to reflect the 3 projects finalised and approved by the International Ethics Standards Board for Accountants (IESBA): 

  1. Revision to the Code Addressing the Objectivity of an Engagement Quality Reviewer and Other Appropriate Reviewers [Effective date: Beginning on or after 15 December 2022. Early adoption is permitted];
  2. Revisions to the Non-Assurance Services Provisions of the Code [Effective date: Beginning on or after 15 December 2022. Early adoption is permitted]; and
  3. Revisions to the Fee-related Provisions of the Code [Effective date: Beginning on or after 15 December 2022. Early adoption is permitted]

The Revised By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants were issued by the Council of the Malaysian Institute of Accountants on 1 July 2022 and come into effect on 15 December 2022 unless otherwise stated herein. The Revised By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants are issued pursuant to section 10(a) of the Accountants Act 1967 and are binding on all members of the Malaysian Institute of Accountants. 

The Revised By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants (collectively referred to as the “By-Laws” or singularly referred to by the relevant By-Laws as set out herein), are the copyright of the Malaysian Institute of Accountants, save for the By-Laws on Professional Ethics which are substantially based on Code of Ethics for Professional Accountants of the  International Ethics Standards Board of Accountants (IESBA), published by the International Federation of Accountants (IFAC) and are used with permission of IFAC. The reproduction of the text in the By-Laws on Professional Ethics herein has been consented to by IFAC strictly on the basis that the user is not allowed to translate, reprint or reproduce or utilise in any form either in whole or in part or by any electronic, mechanical or other means, now known or hereafter invented, including photocopying and recording, or on any information storage or retrieval system, the same without prior permission in writing from IFAC.

Save and except to the extent that the By-Laws on Professional Ethics are substantially based on the IESBA Code (the copyright of which is held by the IFAC), the material contained herein is the property of the Malaysian Institute of Accountants and is protected by copyright, trademark and other intellectual property rights laws applicable in Malaysia. All rights reserved.  The material herein may be accessed and displayed on a computer, monitor or other video display device, and the user may make a print copy of any page or part thereof from the material herein, solely for personal use and reference or for academic classrooms, provided the same is not modified in any way. The user must not modify, copy, reproduce, distribute, republish, display, sell, create derivative works, communicate or convey to others, store in a retrieval system, transmit or export in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, or otherwise use the material contained herein or any part thereof, in any way for commercial, profit or other purposes.

Description: The revisions to Part A of the MIA By-Laws (on Professional Ethics, Conduct and Practice) (Amended as at 1 July 2022)

The Revised By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants were issued by the Council of the Malaysian Institute of Accountants on 15 September 2021 and come into effect on 31 December 2021 unless otherwise stated herein. The Revised By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants are issued pursuant to section 10(a) of the Accountants Act 1967 and are binding on all members of the Malaysian Institute of Accountants.

The Revised By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants (collectively referred to as the “By-Laws” or singularly referred to by the relevant By-Laws as set out herein), are the copyright of the Malaysian Institute of Accountants, save for the By-Laws on Professional Ethics which are substantially based on Code of Ethics for Professional Accountants of the International Ethics Standards Board of Accountants (IESBA), published by the International Federation of Accountants (IFAC) and are used with permission of IFAC. The reproduction of the text in the By-Laws on Professional Ethics herein has been consented to by IFAC strictly on the basis that the user is not allowed to translate, reprint or reproduce or utilise in any form either in whole or in part or by any electronic, mechanical or other means, now known or hereafter invented, including photocopying and recording, or on any information storage or retrieval system, the same without prior permission in writing from IFAC.

Save and except to the extent that the By-Laws on Professional Ethics are substantially based on the IESBA Code (the copyright of which is held by the IFAC), the material contained herein is the property of the Malaysian Institute of Accountants and is protected by copyright, trademark and other intellectual property rights laws applicable in Malaysia. All rights reserved. The material herein may be accessed and displayed on a computer, monitor or other video display device, and the user may make a print copy of any page or part thereof from the material herein, solely for personal use and reference or for academic classrooms, provided the same is not modified in any way. The user must not modify, copy, reproduce, distribute, republish, display, sell, create derivative works, communicate or convey to others, store in a retrieval system, transmit or export in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, or otherwise use the material contained herein or any part thereof, in any way for commercial, profit or other purposes.

Description: The revisions to Part A of the MIA By-Laws (on Professional Ethics, Conduct and Practice) (Amended as at 15 September 2021):

The Revised By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants were issued by the Council of the Malaysian Institute of Accountants on 20 May 2020 and come into effect on 1 July 2020 unless otherwise stated herein. The Revised By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants are issued pursuant to section 10(a) of the Accountants Act 1967 and are binding on all members of the Malaysian Institute of Accountants.

The Revised By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants (collectively referred to as the “By-Laws” or singularly referred to by the relevant By-Laws as set out herein), are the copyright of the Malaysian Institute of Accountants, save for the By-Laws on Professional Ethics which are substantially based on Code of Ethics for Professional Accountants of the International Ethics Standards Board of Accountants (IESBA), published by the International Federation of Accountants (IFAC) in April 2018 and are used with permission of IFAC. The reproduction of the text in the By-Laws on Professional Ethics herein has been consented to by IFAC strictly on the basis that the user is not allowed to translate, reprint or reproduce or utilise in any form either in whole or in part or by any electronic, mechanical or other means, now known or hereafter invented, including photocopying and recording, or on any information storage or retrieval system, the same without prior permission in writing from IFAC.

Save and except to the extent that the By-Laws on Professional Ethics are substantially based on the IESBA Code (the copyright of which is held by the IFAC), the material contained herein is the property of the Malaysian Institute of Accountants and is protected by copyright, trademark and other intellectual property rights laws applicable in Malaysia. All rights reserved. The material herein may be accessed and displayed on a computer, monitor or other video display device, and the user may make a print copy of any page or part thereof from the material herein, solely for personal use and reference or for academic classrooms, provided the same is not modified in any way. The user must not modify, copy, reproduce, distribute, republish, display, sell, create derivative works, communicate or convey to others, store in a retrieval system, transmit or export in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, or otherwise use the material contained herein or any part thereof, in any way for commercial, profit or other purposes.

The Revised By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants are issued by the Council of the Malaysian Institute of Accountants come into effect on 1 January 2011 unless otherwise stated herein. The Revised By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants are issued pursuant to section 10(a) of the Accountants Act 1967 and is binding on all members of the Malaysian Institute of Accountants.

The Revised By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants (collectively referred to as the “By-Laws” or singularly referred to by the relevant By-Laws as set out herein), is the copyright of the Malaysian Institute of Accountants, save for the By-Laws on Professional Ethics which is substantially based on Code of Ethics for Professional Accountants of the International Ethics Standards Board of Accountants (IESBA),published by the International Federation of Accountants (IFAC) in April 2010 and is used with permission of IFAC. The reproduction of the text in the By-Laws on Professional Ethics herein has been consented to by IFAC strictly on the basis that the user is not allowed to translate, reprint or reproduce or utilise in any form either in whole or in part or by any electronic, mechanical or other means, now known or hereafter invented, including photocopying and recording, or on any information storage or retrieval system, the same without prior permission in writing from IFAC.

Save and except to the extent that the By-Laws on Professional Ethics is substantially based on the IESBA Code (the copyright of which is held by the IFAC), the material contained herein is the property of the Malaysian Institute of Accountants and is protected by copyright, trademark and other intellectual property rights laws applicable in Malaysia. All rights reserved. The material herein may be accessed and displayed on a computer, monitor or other video display device, and the user may make a print copy of any page or part thereof from the material herein, solely for personal use and reference or for academic classrooms, provided the same is not modified in any way. The user must not modify, copy, reproduce, distribute, republish, display, sell, create derivative works, communicate or convey to others, store in a retrieval system, transmit or export in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, or otherwise use the material contained herein or any part thereof, in any way for commercial, profit or other purposes.

Act

An Act to provide for the registration of accountants and matters connected therewith.

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Rules

Malaysian Institude of Accountants Rules from 20021 to 2002. Comes with English and Malay versions.

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Standards

The Malaysian Approved Standards On Quality Control, Auditing, Review, Other Assurance And Related Services.

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