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 CIMA, MICPA or ACCA?, need recommendation

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clover skye
post Feb 9 2015, 03:56 PM

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Hi all, not sure if you heard of this news - the Institute of Chartered Accountants Australia (ICAA) has merged with the New Zealand Institute of Chartered Accountants (NZICA) since mid 2014. They are now known as Chartered Accountants Australia & New Zealand (CAANZ).

MICPA has been in partnership with ICAA since 2009, and run a joint programme - means graduates who take the MICPA-CAANZ Programme can qualify for 2 memberships and use the Chartered Accountant (ANZ) and Certified Public Accountant (Malaysia) titles. Only 5 papers for Bachelor of Accounting degree holders from accredited uni's. Most people I know taking it have completed within 2 years. Open book exams. Average passrate is high - around 70%.

There's this other benefit you get - the Global Accounting Alliance (GAA) passport. Gives you access to professional support across 11 countries around the world.

MICPA is a founding member of the International Federation of Accountants (IFAC) so it's definitely internationally recognised. With the partnership with CAANZ, that opens even more doors to countries that only recognise their own qualifications i.e. Oz & NZ.

Also - not sure if you heard about the CSAP report - all accountants should know about this as it affects the whole country & the profession in Malaysia - http://www.sc.com.my/post_archive/public-f...ncy-profession/

You will see why it is important to have a professional qualification from a professional body.

 

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