The Malaysian Institute of Accountants (MIA) had entered an agreement with the Malaysian Institute of Certified Public Accountants (MICPA) with the aim to increase the number of accountants with professional qualification. Below the are the special pathways available and its requirements:
Special Pathway Towards a Certified Public Accountant Designation
Are you currently a MIA member who would like to add the designation CPA (M) to your name? The Malaysian Institute of Certified Public Accountants (MICPA) has a special pathway which enables MIA members to become MICPA members.
This pathway is open to both MIA members in-practice and members who are working in commerce & industry, public sector and academia.
Requirements
For both pathways, candidates would be required to attend an interview with MICPA’s Membership Affairs Committee. Candidates admitted via this pathway would not be eligible to apply for membership as a Chartered Accountant under CA ANZ.
MIA Members practicing as an approved auditor, tax agent or liquidator
- Have been practising as an approved auditor for the past 2 years; and/or
- Have been practising as an approved tax agent under a tax license issued under Section 153 of the Income Tax Act, 1967 for the past 2 years; and/or
- Have been practising as an approved liquidator under Section 433 of the Companies Act, 2016
- Current MIA member in good standing, and have not been subjected to any disciplinary actions
- Hold a valid practising certificate with MIA (where applicable)
- Complied with the MIA Continuing Professional Education (CPE) requirements of the past 3 consecutive years
- Have passed the MIA/AOB practice review in the past 3 consecutive years (if any). If such a review has not been done, then a Financial Statements Review may be carried out (Applicable to an approved auditor with less than 5 years’ post licensing experience).
- Possess a Degree in Accounting accredited by MICPA and CAANZ (only in respect of approved auditors or approved tax agents)
- Have at least 10 years’ working experience in the field of accounting, auditing, taxation, restructuring and insolvency.
MIA members working in commerce & industry, public sector and academia
i) MIA members who are members of CPA Australia or CIMA
- Current MIA member in good standing, and complied with MIA’s Continuing Professional Education (CPE) requirements for the past 3 consecutive years;
- A member of CPA Australia or CIMA, granted on the basis of successful completion of the professional programme offered by CPA Australia / CIMA
- The above should be confirmed via letters of good standing from both MIA and CPA Australia / CIMA
- Attained a senior position(s):
- For commerce & industry – Director, CFO, CEO, COO, General Manager or equivalent designation of senior management
- For public sector – grade 52 and above
- For academia – Associate Professor/ Professor;
- Two written references from members in good standing of MICPA and/or CAANZ, at least one of which must be from a MICPA member. References must be addressed to MICPA, signed and dated within 3 months of the date the application is submitted.
ii) MIA members who do not hold a professional accountancy qualification
- Current MIA member in good standing, and complied with MIA’s Continuing Professional Education (CPE) requirements for the past 3 consecutive years;
- The above to be confirmed via a letter of good standing from MIA
- Do not hold any other professional accountancy qualification already recognised by MICPA
- Possesses a Degree in Accounting accredited by MICPA or equivalent;
- In total, with at least 10 – 15 years of post-degree, relevant working experience in business, public sector or academia;
- Attained a senior position(s):
- For commerce & industry – Director, CFO, CEO, COO, General Manager or equivalent designation of senior management; or
- For public sector – grade 52 and above; or
- For academia – Associate Professor/ Professor – accounting or allied subject
- For those with 10 – 14 years of relevant work experience, enrol and successfully complete the ICAP module
- Two written references from members in good standing of MICPA and/or CAANZ, at least one of which must be from a MICPA member. References must be addressed to MICPA, signed and dated within 3 months of the date the application is submitted.