Build Your Career As A Professional

AccountantBerjaya College

10 December 2016

Who is a Professional Accountant?

A person who knows the cost of everything

and the value of nothing? - internet

A person who help people to understand performance and

situations of organisation using numbers?

Accountants work on the past, present and future

The Past

• Financial reporting

• Auditing• Tax

computation

The Present

• Internal control

• Risk management

• Regulatory compliance

The Future

• Costing• Budgeting• Performance

management

Some examples, accountants do a lot more!

The Malaysian accountancy supply chain

Moving up the corporate ladder

Roles of accountants in nation building

Roles of accountants in nation building

How change drivers influence market and stakeholders

SMEs Corporates

Government

GLICs Individuals

MPERSMFRS

Integratedreporting

IPSASXBRL

GST

Balancebudget

Financialinclusiveness

Anti-corruption

Crowdfunding

Anti-monopoly

NewCompanies Act

Economicgrowth

High costof living

Intensecompetition Corporate social responsibilityCyber security

Blockchain

Affordablehousing

Basel 3

How change drivers influence market and stakeholders

Public practice

Professional accountants in business

Accountants in academics

Public sector accountants

The Market

SMEs Corporates

GLICs

Government

Individuals

Society

Technology

Economics

Environment

Regulation

How wouldthe profession

react?

While we are discussing about the profession, theworld keeps on changing

• Guidelines on RecognisedMarkets became effectiveon 2 May 2016

• Allowed 6 equity crowdfunding platforms to operate

• Bursa Malaysia issued a consultation paper on SME Board in September 2016

While we are discussing about the profession, theworld keeps on changing

Equity Crowdfunding

Peer to Peer LendingB2B finPAL

Peoplender

What does it take to be a Professional Accountant?

Your next step after graduating is to pursue professional accountancy qualification of your choice

Can you guess who these people are?

Moving forward

•The marketplace would continue to revolve, creating new competency and skill demands

•A professional accountancy qualification provides the holder with a stature that he or she has met the baseline competency required

•Your career progression is dependent on how much you are able to leverage on the qualification and create value to your organisation and stakeholders

•The accountancy profession provides you with a wide range of opportunities in this exciting and ever changing planet!