Accounting Essay

3277 Words 14 Pages
Q1)
ONE OF THE MORE PRESTIGIOUS JOBS IN THE FINANCE INDUSTRY IS BEING AN ACCOUNTANT. THE QUALIFYING PROCESS TAKES A LONG TIME BUT STUDENTS ARE NOT DETERRED.
Accountants are employed by private accountancy firms, commercial businesses and industrial organisations or within the public sector. Their work entails: preparing accounts and tax returns; auditing financial information; giving financial advice; dealing with insolvency cases; meeting and interviewing clients; compiling, analysing and presenting information; and writing reports.
Qualification Process
In Malaysia, the word 'accountant' is protected. The Accountants Act 1967 established the Malaysian Institute of Accountants (MIA) as the national regulatory body for accountants. All
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A Chartered Accountant (with practicing certificates) can set up his or her own Public Practice and provide services such as accounting, audit, liquidation, tax and other related services. Many accounting graduates from overseas (e.g. UK, Australia, US, etc) take up ACCA studies after they return to Malaysia so that they can meet the requirements of MIA membership to be Chartered Accountants in Malaysia. (Visit MIA website for more information)
18th June 2013 retrieved from http://www.crescendo.edu.my/ACCA.html

Becoming a CIMA member
You can apply for CIMA membership when you have completed the CIMA professional qualification. You also need to demonstrate three years of relevant practical experience.
What do I need to do?
Please follow the application process in the students' section, including our explanatory videos.
Once your membership application has been approved and you have been notified of this, you can use the letters ACMA after your name to signify that you are an associate chartered management accountant.
Receiving your certificate
Membership certificates are dispatched approximately 6-8 weeks after election to membership.
If you do not receive your certificate within six months, please contact us immediately and we will investigate and if necessary issue a duplicate.
If you do not receive your certificate and do not contact us within six months, you will be charged GBP35 for a duplicate.
If you need more information,

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