Promoting Diversity, and Integrity

hiris_s_04.png As the national accountancy body, MIA is working together with all the relevant stakeholders to ensure there is an adequate supply of competent and high-quality accountants in Malaysia. Under the Economic Transformation Programme (ETP), it is envisaged that our nation will require 60,000 accountants by 2020 as part of the initiative to transform Malaysia into a developed nation

Currently, there are slightly over 33,000 members registered with the MIA. As the nation progresses, diversity and inclusiveness will be critical in achieving the targeted number of 60,000 accountants.

Therefore, the MIA has intensified its efforts to engage with various stakeholders, including government, regulators, employers, secondary schools and institutions of higher learning to tap different sources of talent to strengthen membership and nurture a more inclusive profession.

One key measure will be to increase the number of Bumiputera accountants who are professionally qualified, and by doing so improving the community’s financial and social inclusion. Currently, only 8% of Bumiputera accountants hold professional qualifications. The Institute is working together with bodies such as the Malaysia Professional Accountancy Centre (MyPAC) which is also an MIA initiative, the government agency Yayasan Peneraju Pendidikan Bumiputera (YPPB) and Maktab Rendah Sains MARA (MRSM) to encourage more Bumiputera students to pursue professional qualifications.

Another measure is to create awareness of the many options endowed by an accountancy qualification. The accountancy profession is highly versatile, offering rich and diverse opportunities. It can open doors to a variety of roles and positions and it can take you to many places, if you have the right soft skills and are prepared to work hard and keep on learning. Prospects are not limited to becoming an auditor, as many of the nation’s leading accountants have gone on to become influential and effective CEOs and directors. Furthermore, accountants with the right skills, attitude, qualifications and work experiences will be able to work in any country within the ASEAN region and internationally.

Among the desired qualities are analytical, people, communications and technical skills, and the ability to be flexible, agile, and adapt well to the changes happening in the accountancy profession. Equally important are creativity, tenacity and the fortitude to overcome challenges. Plus, learning never stops, because every year there are new and improved regulatory and business developments keeping accountants on their toes.

Along with marketable skills, accountants must unfailingly demonstrate integrity, accountability and trust – which are the thematic values of the MIA Golden Jubilee that falls on 30 September 2017. Accountants are guardians of the public trust and we must lead with integrity. Tan Sri Abdul Wahid Omar, Group Chairman, Permodalan Nasional Berhad, said at the first session of MIA’s 50th Anniversary Commemorative Lectures: “Good leadership revolves around unquestionable integrity, competency and humility.”

Integrity means doing the right thing even when no one is watching, and humility is the basis of integrity. Humility is about treating people with respect, staying grounded and true to our roots and recognising that we all serve a greater purpose. As accountants, we work in a profession that is impactful, influential and sustainable for the nation, the region and the world. A stronger accountancy profession in Malaysia is a positive driver for the country and our economy. We are key supporters of nation-building. As a global profession providing indispensable services, the world and Malaysia cannot do without accountants.

It’s our responsibility to work together and strive harder and smarter to make the profession and the nation more beneficial and inclusive for all.

Dato' Mohammad Faiz Azmi
Malaysian Institute of Accountants