Saturday, November 12, 2011

A tale of two professional Bodies (MIA & MICPA)

Dear students, as promised, here is little something to help you out with your professionalization of Accounting in Malaysia re-write ; )

The following has been extracted and condensed from Dr. Susela Devi’s Chapter (Chapter 5: The Malaysian Accountancy Profession and its Imperial Legacy) in Accounting & Empire edited By Chris Pollaous and Suki Sian.

The important thing to remember here is that, in the beginning, there was MACPA. Formed in the 1950s (1958 to be more exact). It wasn’t the first professional body in Malaysia (ACCA Malaysia chapter was established in 1936) but it was certainly the most influential of its time.