ASIA REGULATORY ROUND UP – MALAYSIA LAUNCHES ACCOUNTING DEVELOPMENT BLUEPRINT
January 2nd, 2015
Malaysia’s finance ministry has released a comprehensive plan to boost the strength of the accountancy profession in the country. Drafted by a special committee to strengthen the accountancy profession (CSAP), the policy is designed to ensure Malaysia has sufficient numbers of professional accountants and reform the profession’s governance.It would involve establishing a new regulatory body, with which all accountants in Malaysia would be registered. It would have a supervisory board and three operational boards focusing on professional conduct, standards ...
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