INTEGRATED ANNUAL REPORT 2023
President
Chief Executive Officer
The MIA sustainability agenda is a two-pronged approach that advocates sustainability for the accountancy profession and the Institute in order to be future relevant, by enhancing the profession’s competency, protecting public interest and supporting sustainable nation building.
MIA has designed and organised the relevant CPE programmes to ensure that accountants are prepared for the new standards on sustainability-related disclosure and assurance of sustainability disclosures.
MIA collaborates strategically with IFAC on a series of initiatives linking Islamic finance and the UNSDGs.
While awaiting the issuance and operationalisation of the institutional ESG framework and targets, MIA continues to green our activities to reduce our carbon footprint.
In line with its mandate to uphold the public interest as intended by the Accountants Act 1967, the MIA is accelerating its ethics advocacy and education to ensure that members adhere to the highest professional and ethical standards of conduct.
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MIA recorded a surplus before taxation of RM4.89 million for the financial year ended 30 June 2023 as compared to RM2.37 million for the previous financial year, marking the Institute’s consistency and ability to maintain its financial sustainability. The increase in surplus before taxation arose mainly from the increase in revenue generated from events and conferences, membership subscriptions and interest income.
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