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Malaysian Institute of Accountants (MIA) is the umbrella body for the accountancy profession in Malaysia. It was established under the Accountants Act, 1967 to regulate and develop the accountancy profession in this country. MIA operates under the purview of the Ministry of Finance through the Accountant General's Department.
As at 4 February 2016, MIA has 32,618 members of which 68% are involved in commerce and industry, 22% in public practice and 10% in government and academia. Selangor and the Wilayah Persekutuan Kuala Lumpur Federal Territory have the largest concentration of MIA membership with 13,125 and 7,351 members respectively.
Member: MIA Malaysian Institute of Accountants: Malaysia: Member: MICPA Malaysian Institute of Certified Public Accountants Malta: Member: MIA Malta Institute of Accountants Mauritius: Associate: MIPA Mauritius Institute of Professional Accountants Mexico: Member: IMCP Instituto Mexicano de Contadores Públicos Moldova: Member: ACAP RM
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Only MIA members qualify as accountants in Malaysia under the Accountants Act, 1967. ACCA is statutorily recognised in Part II of the First Schedule of the Accountants Act, 1967. Therefore, ACCA qualification is eligible to be admitted as MIA member, which then opens the opportunity to practice as a public accountant (audit firm).
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