Q1. What are the categories of membership in MIA?
Membership of the Institute is classified into three (3)
categories:
(a) chartered accountant;
(b) licensed accountant; and
(c) associate member.
Q2. I would like to apply to be a member of MIA. How do I go
about it?
There are two prerequisites for a person to apply for MIA
membership. You must have:
i) obtained one of the qualifications recognised by MIA
(please refer to Q.3, Q.6 and Q.7)
ii) obtained not less than 3 years relevant practical
working experience in areas related to accounting.
If you have fulfilled the above requirements, you may apply
for membership into MIA. To register, you are required to complete and submit
the MIA application form to the Institute with all the relevant documents.
Registering as a Chartered Accountant
Q3. What are the requirements to become a chartered
accountant of MIA?
Any person wishing to apply for membership into MIA as a
Chartered Accountant needs to have one of the following qualifications
recognised by the Institute:
i)
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Have passed any of the final examination specified
in Part
1 of the First Schedule of the Accountants Act, 1967; or
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ii)
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Be a member of any of the recognised bodies specified
in Part
II of the First Schedule of the Accountants Act, 1967; or
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iii)
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Be eligible to sit for and has passed the Malaysian
Institute of Accountants Qualifying Examination (QE).
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Unless a person does not possess a qualification recognised
under Part
1 and Part II of
the First Schedule to the Act, the MIA QE provides an alternative pathway for
admission to become a MIA member.In addition, applicants would need to gain 3 years of practical working
experience in the service of chartered accountant or in a government
department, bank, insurance company, local authority or other commercial,
financial, industrial or professional organisation.
Q4. Does MIA recognise overseas degrees to gain admission
into the Institute? Do I have to sit for any examination before becoming a
member?
The Act does not recognise any overseas degrees for purposes
of admission into the Institute. However, those who possess qualifications not
lower than a first degree relating to accounting, business or finance
recognised by the Public Services Department or other qualifications approved
by the MIA Council may be eligible to apply to sit for the MIA QE. Upon
completion of the examination and together with the relevant practical
experience, he/she would be eligible to apply for membership as a Chartered
Accountant.
Q5. If I am a member of an overseas professional body, do I
have to sit for further examination?
No. If you are a full member of a professional body
recognised by MIA, you will be eligible to apply for MIA membership as a Chartered
Accountant.
Registering as a Licensed Accountant
Q6. What is the requirement to become a licensed accountant of MIA?
Q6. What is the requirement to become a licensed accountant of MIA?
Applicants under the licensed accountant category must
possess one of the following:
i) Granted limited or conditional approval to act as an
auditor of companies under section 8(6) of the Companies Act 1965, or been in
public practice as an accountant, a tax consultant or a tax adviser immediately
before the Accountants Act, 1967; or
ii) Member of the Malaysian Society of Accountants and
passed any of the final examinations of that body last held in December 1992
and gain 3 years working experience in the service of chartered accountant or
in a Government department, bank, insurance company, local authority or other
commercial, financial, industrial or professional organisation.
Registering as an Associate Member
Q7. What is the requirement to become an associate member of MIA?
A person in academia (Lecturers/Professors) would be eligible to apply for the Associate Membership. The person must possess a first degree or a Masters degree or higher, in which he/she must have a major in accounting for either his first degree or Masters degree. In addition, the person must also have not less than 3 years experience in teaching accountancy or accountancy related subjects at an institution of higher learning or equivalent.
sources:www.mia.com