List of Professional Bodies in Malaysia requiring fulfillment of members CPE hours

Certified Public Accountants

Malaysian Institute of Accountants
The Malaysian Institute of Certified Public Accountants

Malaysian Institute of Accountants (MIA)

MIA is a statutory body established under the Accountants Act, 1967 to regulate and develop the accountancy profession in Malaysia.

MIA's responsibilities include education and quality assurance as well as enforcement which are carried out to ensure that the credibility of the profession is maintained and that public interest is continuously upheld.

Its regulatory role is carried out through the following approaches:

Since its establishment more than 40 years ago, MIA has also been an active partner in nation-building as it actively contributes views and ideas for the well-being of the nation and its economy. In addition, MIA monitors international and local accounting trends and developments, and consults regularly with the government and regulatory bodies.

In the international and regional arena, MIA plays a significant role in developing and advancing the global accounting profession through its involvement in organisations such as:

MIA’s involvement in these bodies also enables Malaysian accountants to have a voice on these global and regional platforms, also enabling the latest developments overseas to be brought home for the betterment of the profession.

The use of the word ‘accountant’

In Malaysia, the word ‘accountant’ is protected as provided for under the provisions of the Act which states that no one can hold himself out or practice as an accountant unless he is registered as a member of MIA.

Malaysian Institute of Certified Public Accountants

The Malaysian Institute of Certified Public Accountants (“MICPA”), formerly known as Malaysian Association of Certified Public Accountants (“MACPA”), was established in 1958 as a company limited by guarantee under the Companies Ordinance 1940.

Thus, unlike MIA which is a statutory body with powers vested on it by operation of an Act of parliament, MICPA is a private body incorporated under the Companies Ordinance. However, the members of MICPA are held in high esteem by the industry.

The principal objectives of MICPA are:

The MICPA is governed by a Council of 30 members, comprising CPA in public practice, commerce and industry and the public sector.

The MICPA provides a wide range of services to its members including: