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The MIA Digital Technology Blueprint sets out five principles to guide accountants in developing the action plans to respond appropriately to digital technology. Principle 3 Harness Digital Technology calls for MIA members to capitalise on the use of appropriate digital technology.

MIA supports this principle by promoting digital technology adoption and explore collaboration with relevant stakeholders. This includes the issuance of relevant guidance and publications.

Guidance on Software & Software Vendor Selection

This guidance aims to assist small and medium practitioners (SMPs) and small and medium entities (SMEs) in terms of selecting software needed as well as selecting the right vendor for the implementation.

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Software Vendor Database

This Software Vendor Database aims to assist small and medium practitioners (SMPs) and small and medium entities (SMEs) in terms of selecting software needed as well as selecting the right vendor for the implementation.

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Electronic Bank Confirmation Platform

To keep abreast of the latest market developments, MIA championed an industry-wide Electronic Bank Confirmation Platform.

Extol Corporation Sdn Bhd (Extol) was selected to develop an industry-wide electronic bank confirmation platform, with a very economical usage fee compared to the current fee charged by an international service provider.

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Illustrative MPERS E-Book

In our commitment to continuous self-learning and professional development via digital platforms, MIA has developed and launched our first interactive e-book.

The e-book is a digitalised and augmented version of the 2nd edition of the MIA Illustrative MPERS Financial Statements, with Commentaries and Guidance Notes, written by Mr Tan Liong Tong. The original print version was published in 2018 and has been very well received in the market and by members and member firms.

The e-book is portable and easily accessible as it is available on Windows, Android and iOS and can be accessed from laptops, smartphones and tablets, compared to the physical book that was published in 2018 in an A4 size with over 300 pages. This greatly enhances usability and enables learning anywhere, anytime. To improve the learning experience, the e-book has interactive features such as informative videos, audio commentaries and quizzes that will engage reader’s attention actively and enhance reader’s understanding.

MIA trusts that this e-book will enable members and member firms to make greater use of digital tools in work and daily lives to become more competent, productive and relevant in the digital economy.

To purchase the e-book, you can visit our e-Library – e-knowledge at https://eknowledge.mia.org.my/mia/index.html. The steps are as follows:

  • Please click on this link: https://eknowledge.mia.org.my/mia/index.html
  • Please use the email address used to receive notification from MIA and similar password to access the MIA Member Services Portal.
  • Upon registration, you will receive an activation email.
  • Once you create an account, you can download the MIA e-Reader.
  • To purchase the eBook, please login and follow the steps for payment. Once payment is done, you will receive a payment confirmation from MIA.

You may use one of these applications to download the ‘MIA e-Reader’.

  • IOS Installer
  • Android Installer
  • Mac Installer
  • Windows Installer

MDEC 100 Go Digital Program

The Malaysia Digital Economy Corporation has launched the 100 Go Digital Program to assist Malaysian small and medium enterprises (SMEs) in key sectors to move towards digitalisation.

The Program provides a step-by-step approach supported by its multi-disciplinary partners who will provide in-depth assistance that helps businesses integrate and familiarise themselves with today’s latest digital technologies.

The key sectors covered in this Program are:

  • Food and beverage
  • Retail
  • Services
  • Logistics
  • Professional Services

The key digitalisation areas covered are:

  • Digital Marketing and Sales
  • Electronic Point of Sales (ePOS)
  • HR Payroll System / Customer Relationship Management (CRM)
  • Procurement
  • Enterprise Resource Planning (ERP) / Accounting and Tax

The Institute encourages all SMEs, including small and medium practices (SMPs) to participate in the Program. The Program is in line with the Institute’s Digital Technology Blueprint, encouraging the adoption of digital technology by the accounting profession.

For further information and registration, kindly go to 100 Go Digital.