Proposed amendment of Accountants Act may be tabled in Parliament early next year, says Ahmad Maslan

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Proposed amendment of Accountants Act may be tabled in Parliament early next year, says Ahmad Maslan
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KUALA LUMPUR, June 13 — The proposed amendment to the Accountants Act 1967, which is aimed at improving regulation for the accounting profession in Malaysia, may be tabled at...

KUALA LUMPUR, June 13 — The proposed amendment to the Accountants Act 1967, which is aimed at improving regulation for the accounting profession in Malaysia, may be tabled at the earliest parliamentary session next year, said Deputy Finance Minister 1 Datuk Seri Ahmad Maslan.

“In the meantime, while waiting for the new Act to be passed, the MoF commends MIA’s efforts to collaborate with its fellow regulators, namely the Securities Commission, Bank Negara Malaysia , the Companies Commission, Bursa Malaysia and the Malaysia Anti-Corruption Commission to strengthen enforcement,” he said in his keynote address at the MIA International Accountants Conference 2023 here, today.

“As the nation develops further, we need a talent pipeline of high-quality professionals to meet the needs of employers and organisations across all sectors,” he said. “Accountants will also need to be adaptable and agile in order to thrive and surmount challenges, both old and new,” he said in his welcoming remarks.

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