ABOUT US
The Malaysia Chapter of the Institute of Chartered Accountants of India was formed in January 2018 as society as PERSATUAN BAB MALAYSIA ICAI (“Malaysia chapter of ICAI”). This is an association of qualified Chartered Accountants who are members of Institute of Chartered Accountants of India (ICAI), currently residing or working in Malaysia.
We are a premier body of finance & management professionals who are heading various roles in corporate landscape across Malaysia and beyond.
The chapter has more than 100 members and is always open to enhance the membership regularly. Our members spearhead entities in consulting, commodities, banking, real estate, insurance, accounting, audit, tax estate planning, shared services, retail sectors to name a few. The Chapter has been set up to provide a platform to share and disseminate knowledge amongst the members as well as project the image of ICAI in Malaysia. Our aim is to develop excellent relationship between the accounting fraternities of India and Malaysia.
MRA between ICAI and MICPA
On 4th December 2020, The Institute of Chartered Accountants of India (ICAI) and The Malaysian Institute of Certified Public Accountants (MICPA) virtually signed a Mutual Recognition Agreement (MRA) to recognize the qualification of each other and admit the qualified members in good standing by prescribing a bridging mechanism. The MRA demonstrates the strengthening ties and commitment between both the countries.
The parties recognize the value of opening up global opportunities for their respective members. The purpose of this MRA is to set out the terms and to determine the basis upon which recognition for
membership of appropriately qualified members of each party may occur.
This MRA shall have an initial term of 5 years from the date of signing. Both the institutes agree to work more collaboratively, in areas of professional interest, viz:
> Develop educational programme relating to accountancy;
> ICAI's e-learning platform to be accessible to MICPA members;
> Jointly organize symposia, conferences, short courses and meetings on accountancy;
> Exchange information pertaining to development in technical, teaching, and training;
> Conduct any other areas of co-operation as agreed to by the Parties from time to time.
