Maxis Berhad emerged as the excellence award winner of the national award for management accounting (NAfMA) 2010, beating five other companies. In the SME category, Century Software (Malaysia) Sdn Bhd won the SME star award.

Dato' Daud Tahir, Malaysia's deputy secretary general, presented the awards on behalf of YB Dato' Seri Ismail Sabri Bin Yaakob, minister of domestic trade, cooperative and consumerism, at a grand dinner ceremony at One World Hotel, Petaling Jaya on 15 December 2010.

Malaysia Airlines System Bhd won the best practice award in the public listed category while Digi Communications Sdn Bhd won in the non-listed category. The practice solution award was won by Plus Expressways Bhd in the public listed category, The New Straits Times Press in the non-listed category and TEX Cycle Sdn Bhd in the SME category.

Certificates of merit were also presented to two other companies for commendable practices in management accounting. They were Malaysia Airports Holdings Berhad and KPJ Seremban Specialist Hospital Sdn Bhd.

The NAfMA awards recognise best practices in management accounting by companies in Malaysia that lead to value creation and excellent business performance.

They also aim to promote the application of management accounting techniques and systems within organisations in Malaysia.

Yeo Tek Ling, chairman of the NAfMA organising committee, said during his welcome speech: ‘We are proud that NAfMA’s unique assessment framework offers participating companies a chance to review their operations and see the value of management accounting tools and techniques.’

The NAfMA winners were assessed on eight criteria: leadership, management accounting information, resource management, customer / market focus, partnership management, value creation, business results and corporate social responsibility. These eight criteria are based on the management accounting concepts of the International Federation of Accountants (IFAC).

The awarding bodies for NAfMA are Malaysian Institute of Accountants (MIA) and CIMA’s (the Chartered Institute of Management Accountants') Malaysia division.

The working partners are CIMA-UiTM’s Asian management accounting research centre (AMARC) and the Malaysia Productivity Corporation (MPC).

FULL LIST OF WINNERS

	Excellence Award
	MAXIS BERHAD
	SME Star Award
	CENTURY SOFTWARE (M) SDN BHD
	Best Practice Award
	Public Listed Company   MALAYSIAN AIRLINES SYSTEM BERHAD     Non-Listed Company   DiGi TELECOMMUNICATIONS SDN. BHD.
	Practice Solution Award
	Public Listed Company   PLUS EXPRESSWAYS BERHAD     Non-Listed Company   THE NEW STRAITS TIMES PRESS (M)
	SME
	TEX CYCLE SDN. BHD.
	Certificates of Merit
	Malaysia Airports Holdings Berhad
	KPJ Seremban Specialist Hospital Sdn Bhd

Ms Rossana Rashidi, Chief Financial Officer of Maxis Berhad receiving the Excellence
Trophy from Y Bhg Dato’ Daud Tahir, Malaysia’s Deputy Secretary General, on behalf
of YB Dato’ Seri Ismail Sabri Bin Yaakob, Minister of Domestic Trade, Cooperative and Consumerism. Looking on are Y Bhg Datin Dr Suzana Sulaiman, Chairman of NAfMA Assessment Committee, Mr Yeo Tek Ling, Chairman of NAfMA Organising Committee
and En Abdul Rahim Abdul Hamid, President of MIA;