NEWS

 

TITLE: MIA Launches New Malaysian Case Study In Collaboration With CAPA To Support Engagement Between PAOs And The Public Sector

DATE: 02/11/2020

MIA LAUNCHES NEW MALAYSIAN CASE STUDY IN COLLABORATION WITH CAPA TO SUPPORT ENGAGEMENT BETWEEN PAOs AND THE PUBLIC SECTOR

The Malaysian Institute of Accountants (MIA) is pleased to announce the launch of ‘Case Study 2: Malaysia’, which relates how the MIA engaged with the Malaysian government to assist in introducing accrual accounting into the public sector and to strengthen the accounting cohort working in the public sector.

The Case Study was carried out in collaboration with the Confederation of Asian and Pacific Accountants (CAPA), as the second instalment in CAPA’s Public Sector Case Study Series that seeks to support professional accountancy organisations (PAOs) in their engagement with the public sector.

“MIA is delighted to collaborate with CAPA on this case study. We believe by sharing our experience and lessons learnt to support the Malaysian government in their PFM strategic reform journey, other PAOs and stakeholders will have a launch pad as they embark on their own journeys. This exercise has further demonstrated the importance of such engagements, and reinforces MIA’s focus on supporting the public sector as key to our nation building purpose,” said MIA Chief Executive Officer, Dr. Nurmazilah Dato’ Mahzan, in her launch remarks.

“This case study was developed as a follow-up to CAPA’s earlier publication ‘Professional Accountancy Organisations – Engaging with the Public Sector’, which aimed to identify the current extent and nature of the accountancy profession’s engagement with the public sector, and to encourage PAOs to consider increasing their level of engagement. This main publication provides suggestions to PAOs and other stakeholders on how they might respond to the seven key messages identified and the actions they can take to further engage with the public sector,” CAPA Chief Executive, Brian Blood, explained.

The case study provides the key approaches as well as practical examples of how MIA successfully engaged with the public sector, the initiatives’ outcomes and the benefits derived from those initiatives. Further, MIA shares its top tips and success factors as guidance for other PAOs seeking to effectively engage with the public sector.

Moving forward, MIA will continue to strongly advocate for the accountancy profession to play an integral role in supporting and improving public sector financial management, as part of its overarching nation building agenda.

To access a copy of ‘Case Study 2: Malaysia’, click here.

To access a copy of the main publication ‘Professional Accountancy Organisations – Engaging with the Public Sector’ and ‘Case Study 1: India’, go to: Public Financial ManagementPFM Publications