New ruling will be enforce in audit line.
In order to be an auditor,
candidate MUST hold a professional qualification.
Which means an auditor must be a member of ACCA, CPA etc
MIA is not the ideal qualification for those who willing to go oversea.
because MIA is only recognise in Malaysia.
New ruling will be effectively enforce in year 2012.
Well, this ruling seem to professionalize in this field,
willing to enhance professional level in audit field.
willing to increase the charges as well, i think.
But is this ruling secure for future auditor?
will auditor get a better reward in future?
will the pay to auditors increase parallel with the charge to client?
how it works?
in Malaysia?
Yesterday, a funny thing happen,
government sent a letter to all audit firm,
and requires for director thumbprint to be include in financial report,
besides the signature and company chop,
Today,
government announce,
it was an mistake,
thumb print is no longer require,
and previous notice should be ignore.
I think this will only happen in Malaysia.
such ridiculous thing happened,
what can you believe in Malaysia government?!
will you still confidence with those promise by government?
Back to the ruling,
before of this news,
i didn't plan to get a professional paper,
but now,
should consider whether or not,
to leave this field on further study
and become an professional body member.
After graduate, already 24 years old,
further study will cost about RM10k,
and about 1-2 years time.
Costly to me,
quite late to start earning money and gain experiences,
that why i not prefer to take those professional body paper.
So, now only i realize
to be a accountant or auditor,
study in local university is quite wasting time,
waste 2 years time in form6+ 4years time in uni,
additional about 1 year time for ACCA, or CPA
total at least 7 years,
excluded 3 years working experience.
If any junior ask me about accounting,
i will highly recommend anyone of them to get a diploma course or foundation,
then straight away go professional paper.
In such way,
around 20,21 year old will finish their course.
so, why spend more time for it?!
Which you prefer the most?
Now, should be the time to think of it,
a turning point, maybe
Deepest consideration.
