Im­part­ing strong fi­nan­cial acu­men

The Star Malaysia - Star2 - - HIGHER EDUCATION -

THE In­sti­tute of Char­tered Ac­coun­tants in Eng­land and Wales (ICAEW) has col­lab­o­rated with Ta­len­tCorp Malaysia and Sun­way-TES, as well as train­ing com­pa­nies BDO Malaysia, Deloitte, Ernst & Young, KPMG, PwC and the Sun­way Group, to es­tab­lish the ICAEW Re­gional Cen­tre of Ex­cel­lence.

ICAEW chief ex­ec­u­tive Michael Izza said, “We look for­ward to es­tab­lish­ing an ed­u­ca­tion hub here in Malaysia, where stu­dents from the re­gion can train to the same high stan­dards as their pre­de­ces­sors did in the United King­dom, and be­come well-re­spected busi­ness lead­ers.”

The cen­tre of­fers the highly rep­utable ACA (As­so­ci­ate Char­tered Ac­coun­tant) qual­i­fi­ca­tion, giv­ing as­pir­ing busi­ness and fi­nan­cial lead­ers a route to in­ter­na­tional recog­ni­tion and ca­reer ad­vance­ment.

Malaysia lead­ing the way

With a mem­o­ran­dum of un­der­stand­ing (MoU) for­mal­is­ing the part­ner­ship, the cen­tre aims to pro­mote ex­cel­lence in ac­count­ing train­ing for Malaysia and the re­gion.

Sun­way Group Ed­u­ca­tion and Health­care Di­vi­sion chief ex­ec­u­tive of­fi­cer Lee Weng Keng said, “Malaysia is a great place to be­come a re­gional cen­tre of ex­cel­lence for ed­u­ca­tion, which in turn will be the best pos­si­ble sup­port as we strive to be­come a high-in­come na­tion by 2020.

“As a lead­ing in­sti­tu­tion and ed­u­ca­tion provider in pro­fes­sional ac­coun­tancy, we are pleased to be part of this strate­gic part­ner­ship with both Ta­len­tCorp and ICAEW to help raise the bar of ac­count­ing qual­ity in Malaysia.”

This is the first such pub­lic-pri­vate part­ner­ship in the re­gion and supports the gov­ern­ment’s aim of es­tab­lish­ing Malaysia as an ed­u­ca­tion hub for the Asean coun­tries.

A cen­tre of ex­cel­lence

A pi­lot pro­gramme will be car­ried out for promis­ing stu­dents of the re­gion for the chance to study for ICAEW’s in­ter­na­tion­ally recog­nised ACA qual­i­fi­ca­tion in Malaysia.

They will un­dergo the re­quired train­ing with its col­lab­o­ra­tive part­ners. Other ac­count­ing firms, banks and busi­nesses are also ex­pected to par­tic­i­pate as the pro­gramme ma­tures.

Ta­len­tCorp chief ex­ec­u­tive of­fi­cer Jo­han Mah­mood Mer­i­can said, “Part­ner­ing with both a pres­ti­gious aca­demic in­sti­tu­tion and world-lead­ing pro­fes­sional body will en­sure that we are able to tap into an elite group of in­di­vid­u­als who want to work in Malaysia, and that they will have the qual­i­fi­ca­tions needed to con­trib­ute to our eco­nomic trans­for­ma­tion.”

ICAEW is a global lead­ing pro­fes­sional mem­ber­ship or­gan­i­sa­tion that pro­motes, de­vel­ops and supports more than 140,000 char­tered ac­coun­tants world­wide.

It pro­vides qual­i­fi­ca­tions and pro­fes­sional de­vel­op­ment, shares its knowl­edge, insight and tech­ni­cal ex­per­tise and pro­tects the qual­ity and in­tegrity of the ac­coun­tancy and fi­nance pro­fes­sion.

As lead­ers in ac­coun­tancy, fi­nance and busi­ness, its mem­bers have the knowl­edge, skills and com­mit­ment to main­tain the high­est pro­fes­sional stan­dards and in­tegrity. To­gether it con­trib­utes to the suc­cess of in­di­vid­u­als, or­gan­i­sa­tions, com­mu­ni­ties and economies around the world.

For more in­for­ma­tion, call 03-2171 6023 or e-mail

(From right) Deloitte ex­ec­u­tive di­rec­tor Mohd Nizar bin Mohd Na­jib, EY Malaysia se­nior ex­ec­u­tive di­rec­tor and tal­ent leader Lee Soo Fern, PwC ex­ec­u­tive chair­man Mohd Faiz Azmi, Ta­len­tCorp Malaysia chief ex­ec­u­tive of­fi­cer Jo­han Mah­mood Mer­i­can, Sun­way Group founder and chair­man Tan Sri Dr Jef­frey Cheah, Michael Izza, Sun­way Group CEO (Ed­u­ca­tion and Health­care Di­vi­sion) Lee Weng Keng, BDO man­ag­ing part­ner (Malaysia) / re­gional se­nior part­ner (Asean) Datuk Gan Ah Tee, KPMG part­ner Adrian Lee Lye Wang and Sun­way Group chief fi­nan­cial of­fi­cer Chong Chang Choong at the sign­ing of the MoU.

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