UniRazak‘s degree in taxation unique only to varsity
>>
How to become a tax accountant?
Amiruddin said tax accountants aid their clients with their financial and income tax statements.
To become a tax accountant, one must possess a degree in accountancy or any related field. Those with professional qualifications, such as Certified Public Accountant (CPA) or Association of Chartered Certified Accountants (ACCA) is highly sought after.
“Tax accountants or tax specialist work on behalf of an individual or group to fulfil tax obligations and minimise the amount of income remitted. Tax regulators or collectors work for the government to obtain revenues by reviewing tax returns, conducting audits, and facilitating the collection of taxes,” he said.
“Many employers prefer those with a CPA license.
“Being a member of professional bodies, such as Chartered Tax Institute of Malaysia (CTIM), Malaysian Association of Tax Accountants (MATA) and Malaysian Institute of Accountants (MIA), are among professional memberships that need to be adhered to by any graduates from the accounting and taxation field.
“This enhances the public’s trust on them as a tax accountant or tax consultant.”
Bachelor in taxation
In Malaysia, only Universiti Tun Abdul Razak (UniRazak) offers a degree in taxation.
The Bachelor of Taxation (Honours) is offered as full-time and part-time programmes.
Having a degree in taxation will produce graduates that are strong in tax technical knowledge.
According to Senior Assistant Director of Customs Dr Ibrahim Md Noh this was good for industries as it would reduce training time and cost for an employer on graduates who possess a degree in taxation.
Ibrahim is a part-time lecturer teaching Goods and Services Tax and Customs Duty in UniRazak.
From an industrial perspective, UniRazak‘s Bachelor of Taxation has received recognition by CTIM and IRBM.
IRBM has allocated placement for internship for six students per year from UniRazak. CTIM, which has approximately 3,000 members comprising accountants, licensed tax agents, lawyers and other tax practitioners has created an easier path for graduates from UniRazak to enter into the world of taxation.
For more information, visit http://www.unirazak.edu.my/brsbe.php.