Page 31 - FBA UG PROGRAMME HANDBOOK 2017

PROFESSIONAL RECOGNITION

UM’s Bachelor of Accounting programme is recognized both nationally and internationally. The programme is
recognised under Schedule 1 Accountants Act 1967. Graduates of this programme are eligible to register as
members of the Malaysian Institute of Accountants (MIA), subject to three years practical accounting
experience, as stipulated in Part IV of the Accountants Act 1967.

In addition, the programme is also recognised by other international professional accounting bodies. BAcc
graduates from UM may get maximum exemptions from the following bodies:

MICPA The Malaysian Institute of Certified Public Accountants

ACCA The Association of Chartered Certified Accountants (UK)

CIMA The Chartered Institute of Management Accountants

CPA (Australia) Certified Practising Accountants Australia

ICAEW Institute of Chartered Accountants in England and Wales

CFA Chartered Financial Analyst Institute

MAICSA Malaysian Institute of Chartered Secretaries and Administrators

UM is the first University in Malaysia to be accepted into the Internal Auditing Education Partnership (IAEP)
programme by the Institute of Internal Auditors (IIA) Inc. USA. This programme was developed by IIA for the
purpose of promoting and assisting educators who offer an internal audit education programme. The IAEP
programme prepares students with the skills and knowledge to help them conduct basic internal audits
immediately upon hires and also provides them with a foundation to begin preparing for the CIA® examination.
Other benefits offered include free books, research collaboration and assistance and student internships at
member organizations.

UM and CPA (Australia) have entered into an agreement to allow fourth year students to take selected segments
of the CPA programme. They will also be exempted from eight foundation courses. This will allow the students
to get a head start in their professional accounting career.

UM in collaboration with ACCA and Sunway TES offers the ACCA qualification via the Structured Internship
Programme. Eligible students who are selected are exempted from nine ACCA papers and are allowed to sit for
the remaining five papers in the third and final year of their programme. These students will be professionally
qualified accountants upon completion of their degree.

UM in collaboration with ICAEW and Sunway TES also offers the ICAEW qualification via the Structured
Internship Programme. Capable students who are selected are exempted from eight ICAEW papers and are
allowed to sit for some of the remaining papers in the third and final year of their programme.

Alternatively, students who wish to pursue a CPA (Malaysia) qualification can apply for the MICPA Students
Sponsorship Programme (SSP) during their final year of study.

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