News
IASCA Participates in the International Conference on Accounting: “Cooperation Today - Tomorrow's Reality”
25-Nov-2015
KUALA LUMPUR - The Arab International Society of Certified Accountants (IASCA) participated in the annual International Conference held under the theme (Cooperation Today - Tomorrow's Reality), the Conference was organized by the Malaysian Accounting Foundation (MIA), and attended by around 2700 participants from 30 countries around the world.
Through sixteen professional sessions and presentations given by 60 speakers from business and financial leaders of the world, the Conference highlighted a number of important topics and the most pressing issues, challenges and opportunities in the world of accounting and business today. One of these topics is the role of accountants in enhancing transparency in the public sector, and in the management of financial and economic crisis in the era of social media.
Mr. Paul Thompson, director of global accounting profession support at the International Federation of Accountants (IFAC) also spoke of the auditor's report underlining that "the annual report is an important document for investors as it is in the public interest that the auditor would conduct a “smart reading" of the annual report in the context of the overall knowledge obtained during the audit and review process, and to implement specific measures to ensure that the annual report is not substantially inconsistent with the audited financial statements. "
MIA:-
"Established under the Accountants Act 1967, MIA is the national accountancy body that regulates, develops, supports and enhances the credibility status and interests of the profession in Malaysia. MIA accords the Chartered Accountant Malaysia or “C.A. (M)” designation. Working closely alongside businesses, MIA connects its membership to an unmatched range of information resources, events, professional development and networking opportunities.