|
500.7 |
Every professional accountant prior to commencement of public practice
should apply to the Institute for approval of the proposed name of the
intended firm or practice. |
|
500.8 |
|
(1) |
Where an application is made pursuant to paragraph 500.7, the Membership Affairs Committee of the Council or any other Committee so delegated by
the Council for this purpose must be satisfied that the proposed name of
the intended practice does not duplicate the name of an existing member
firm and is not a name which in the opinion of the Council is
undesirable, before approval is granted. |
|
(2) |
Any professional accountant aggrieved with
such a decision, may appeal to the Council whose decision on the same is
final. |
|
|
500.9 |
|
(1) |
Every member in public practice is required
to -
|
(a) |
register his firm with the Institute by informing the Institute in
writing of the name and address of his or her firm and the addresses of
any branches and any other relevant particulars requested by the
Institute; |
|
(b) |
inform the Institute of any changes in respect of the particulars
referred to in sub-paragraph (a) within one
(1) month thereafter; |
|
(c) |
if the firm is associated with any other firm of accountants, register
such association whether local or overseas with the Institute and this
must be supported by evidence; and
|
|
(d) |
upon registration of his firm with the Institute, lodge an annual return
with the Institute by 31 January of each calendar year despite the fact
that there may be no changes in particulars to the firm. |
|
|
(2) |
Where the member is practising in a
partnership, only one partner of the firm is required to lodge the
annual return on behalf of the firm. |
|
|
500.10 |
Upon registration of the firm pursuant to
paragraph 500.9, the Institute will issue the firm a certificate of
registration which -
|
(a) |
states the firm’s registration number and that the firm is a member firm
of the Institute; |
|
(b) |
is
required to be displayed at the premises of the member’s firm; and |
|
(c) |
has to be surrendered by the member in
public practice to the Institute upon the dissolution of the firm or
change of name of the firm. |
|
|
500.11 |
A member in public practice whose firm has
been duly issued a certificate of registration pursuant to paragraph
500.11 and who is in compliance with these by-laws, may insert the logo
of the Institute on the top of the letterhead of the firm whereby -
|
(a) |
the
words “A Firm Registered with the Malaysian Institute of Accountants” is
to be inserted under the logo; |
|
(b) |
the logo can be either in full colour or in
black and white and should be used in accordance with the guidelines
issued by the Council from time to time on the use of the logo. |
|
|
500.12 |
|
(1) |
Every member in public practice is required to state his/her firm's
number immediately after or below the firm's name, in official letters,
accounts, invoices, official notices, publications, bills of exchange,
cheque, receipts, requisition forms and other like documents issued by
the firm. |
|
(2) |
The firm number means, in the case of firms
providing audit services, the number allocated by the Companies
Commission of Malaysia when the firm was first registered with the
Registrar, or in the case of firms providing public practice services
other than audit services, the number allocated by the Institute. |
|
