All applicants must prepare a document that set out their responses to the questions listed below. Applicants are required to demonstrate clearly on how each question is addressed to provide clarity to the adjudicators.
Describe the digital technology adopted and its specifications.
How did you implement the technology adopted?
Why did you adopt digital technology and how did it align to the overall strategy of your finance function or practice?
How is the technology implementation funded and how much cost is incurred inrespect of the implementation (as a percentage of annual budget)?
What are the challenges that you faced during the adoption and how did you overcome it?
What are the policies and procedures established in respect of the technology implementation and its subsequent use and maintenance?
What are key lessons learnt from the technology adoption journey?
Revenue and Cost
How did the technology adoption impact your revenue?
How did the technology adoption impact your cost?
Experience and Impact
How did the technology adoption give impact towards satisfaction of customers, clients and/or stakeholders?* *For instance, by adopting technology, the company has increased customer satisfaction which is measurable.
How did the technology adoption give impact towards productivity?
How did the technology adoption give impact towards staff mobility?* *Staff mobility is staff ability to work remotely.
How did the technology adoption give impact towards staff morale?* *Staff morale is staff happiness with the working environment.
Other Value Creation
How did the technology adoption give impact towards sustainability of the organisation?
How did the technology adoption give impact towards the branding of the organisation?
What is the Return of Investment (ROI)? (i.e. payback period of the technology adopted by the organisation)
How innovative was the technology adoption to the organisation?
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The use of the word ‘Accountant’
In Malaysia, the word ‘Accountant’ is protected as provided for under the provisions of the Accountants Act 1967 which states that no one can hold himself out or practise as an Accountant unless he is registered as a member of the Malaysian Institute of Accountants.
‘The Malaysian Institute of Accountants is committed to the observance and practice of the highest ethical standards of the accountancy profession. All PC holders are reminded that under the MIA By-Laws (On Professional Ethics, Conduct And Practice), no person shall practice or hold out anything on audit/tax services without a license approved by the Ministry of Finance. Every PC holder is therefore expected to comply fully with Section B200.1 to B200.6 of the MIA By-Laws (On Professional Ethics, Conduct And Practice) failing which, you may be held liable for unprofessional conduct and disciplinary action may be taken against you.’