Pursuant to the Malaysian Institute of Accountants (Membership and Council) Rules 2001 which was approved on 7 November 2001, a member shall not hold himself out as a member in public practice unless he holds a valid practising certificate issued by the Institute.

In this Rules,
"Member in public practice" means a chartered accountant or licensed accountant who, is a sole proprietor or in a partnership, provides or is engaged in public practice services in return for a fee or reward for such services otherwise than as an employee.

"Public practice services" includes:

i.	auditing including internal auditing;
ii.	accounting and all forms of accounting related consultancy;
iii.	accounting related investigations or due diligence;
iv.	forensic accounting;
v.	taxation, tax advise and consultancy;
vi.	bookkeeping;
vii.	costing and management accounting;
viii.	provision of management information systems and internal controls;
ix.	provision of secretarial services under the Companies Act 1965 [Act 125]; or
x.	such other services as the Council may from time to time prescribe

Those who intend to:

i.	Set up an audit or non-audit firm to be registered with MIA,
ii.	Be a partner of an existing audit or non-audit firm registered with MIA, or
iii.	Be a director and/or shareholder in a limited or unlimited company which offers taxation, tax advice and taxation consultancy services

i.	MIA member – Chartered Accountant/Licensed Accountant category.
ii.	Attended the Public Practice Programme (PPP) organized by the Institute. This programme shall only be valid for 5 years from the date of attendance applicable for member who has the intention to apply for an audit licence from the Ministry of Finance.

i.	The application form for practising certificate; (which can be obtained through this website or by request to the Institute)
ii.	Payment of RM250.00 and to settle any outstanding fee.
iii.	Copy of Public Practice Programme (PPP) certificate.

i.	Member must commence public practice within six months from the date of issuance of the practising certificate and shall practice on a full time basis. The member issued with a practising certificate but is unable to commence practice within the 6 months is to return the practising certificate to the Institute immediately upon the expiry of the period.
ii.	The certificate will be renewed automatically on a year to year basis for a period of twelve months each commencing on the first day of July next following, whereupon the annual practising certificate fee shall become due and payable.
iii.	A member shall cease to be entitled to a practising certificate if he fails to pay the annual practising certificate fee by the last day of December in the year in which it becomes due and payable pursuant to subrule (4) unless the Council decide otherwise.
iv.	The fee for practising certificate is RM250 annually.

i.

The annual practising certificate fee of RM250.00 will be due for renewal on 1 July of every year upon obtaining the practising certificate. Rule 9(6) of the Institute’s Membership and Council Rules 2001 provides that a member shall cease to be entitled to a practising certificate if he fails to pay the annual practising certificate fee by the last day of December in the year in which it becomes due and payable unless the Council decides otherwise.

ii.

Proof of purchase of a professional indemnity insurance shall be enclosed for the purpose of the annual renewal of the practising certificate as provided under By-Law B-10.3 of the Institute’s By-Laws (On Professional Conduct and Ethics)

If member would like to request for a replacement certificate, the Statutory Declaration form would need to be submitted together with the replacement fee as per specified below:

	RM50 (unidentified/ unsupported reason) OR
	RM10 (with valid reason, i.e. stolen, snatched or any reason with proof of police report)

Description	: Lost/Misplaced Practising Certificate
Format	: PDF
Size	: 41.87KB
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