Groom­ing fi­nance pro­fes­sion­als

The Star Malaysia - Star2 - - HIGHER EDUCATION -

SINCE 1904, the As­so­ci­a­tion of Char­tered Cer­ti­fied Ac­coun­tants (ACCA) has been groom­ing com­plete fi­nance pro­fes­sion­als who are highly sought-af­ter by em­ploy­ers around the world for the value they con­trib­ute to busi­nesses.

The en­vi­ron­ment in which fi­nance pro­fes­sion­als now op­er­ate in re­quires them to bring a broader range of fi­nance skills to the ta­ble.

Fi­nance func­tions now have to be ex­cel­lent in a wide range of ca­pa­bil­i­ties, from sup­port­ing busi­nesses to man­ag­ing risks, de­vel­op­ing ef­fec­tive strate­gies for growth, driv­ing fi­nan­cial insight, con­tin­u­ing to main­tain ap­pro­pri­ate lev­els of con­trol across the or­gan­i­sa­tion as well as en­sur­ing its statu­tory and reg­u­la­tory re­spon­si­bil­i­ties are met.

To meet the de­mands of the chang­ing busi­ness land­scape and to en­sure that ACCA­trained pro­fes­sion­als re­main rel­e­vant to em­ploy­ers’ needs, ACCA works closely with 285 ap­proved learn­ing part­ners (ALPs) all over the world on the se­ri­ous task of groom­ing the next gen­er­a­tion of fi­nance lead­ers.

One such part­ner is Sun­way TES in Malaysia.

ACCA and Sun­way TES have en­joyed a re­la­tion­ship that dates back to 1994. When ACCA’s Univer­sity and Col­lege Reg­is­tra­tion Scheme was in­tro­duced in 2002, Sun­way proved its ca­pa­bil­ity by ob­tain­ing Pre­mier Level.

Con­sis­tent de­liv­ery of qual­ity tu­ition sup­port re­sulted in im­prov­ing stu­dent per­for­mance in ACCA ex­am­i­na­tions. This re­sulted in Sun­way TES be­ing awarded the Pre­mier Plus rat­ing in 2003, which to­day is known as the Plat­inum Level of ACCA’s Ap­proved Learn­ing Part­ner – Stu­dent Tu­ition stream.

Sun­way TES was the first ed­u­ca­tional in­sti­tu­tion in Malaysia to ob­tain plat­inum sta­tus – the high­est and most pres­ti­gious level of ap­proval for uni­ver­si­ties and col­leges that ACCA awards un­der its ALP stream.

Dur­ing his re­cent trip to Kuala Lumpur, ACCA pres­i­dent Martin Turner con­grat­u­lated Sun­way TES for its achieve­ment in de­liv­er­ing be­yond ex­pec­ta­tions.

“Re­tain­ing ACCA’s high­est ac­cred­i­ta­tion un­der our ALP pro­gramme for 10 con­sec­u­tive years is an as­ton­ish­ing achieve­ment. When we re­flect on Sun­way TES’ per­for­mances over the decade, it is very clear that their track record has been noth­ing short of stellar.”

To date, Sun­way TES has nur­tured al­most 4,000 Cer­ti­fied Ac­count­ing Tech­ni­cian (CAT) fi­nal­ists and over 3,000 ACCA af­fil­i­ates who have gone on to en­joy re­ward­ing ca­reers.

The col­lege has also pro­duced 24 ACCA world prizewin­ners, stu­dents who have gained the best scores in the world in their re­spec­tive pa­pers.

The qual­ity tu­ition and ded­i­cated guid­ance pro­vided at ACCA’s ALPs are among the rea­sons be­hind stu­dents’ abil­ity to score well in the ACCA ex­ams.

Cur­rently, there are 22 ALPs recog­nised in Malaysia.

ACCA Malaysia head Jen­nifer Lopez said, “Ev­ery year, ex­cep­tional ACCA af­fil­i­ates and stu­dents ex­cel in their ex­am­i­na­tion, many of whom are Malaysian stu­dents.

“This re­in­forces the truth that lo­cal tal­ents con­tinue to be one of the best in the world and there­fore highly de­manded by global em­ploy­ers.”

It is a known fact that Malaysia is still fac­ing a se­vere short­age of pro­fes­sional ac­coun­tants.

In a con­certed ef­fort to en­cour­age the Bu­mi­put­era com­mu­nity to pur­sue a ca­reer in ac­coun­tancy, ACCA and Sun­way have been work­ing with Yayasan Pen­er­aju Pen­didikan Bu­mi­put­era (YPPB) to pro­vide fi­nan­cial as­sis­tance to el­i­gi­ble Bu­mi­put­era can­di­dates to pur­sue pro­fes­sional ac­count­ing qual­i­fi­ca­tions.

The Pen­er­aju Pro­fe­sional - Pen­si­ji­lan Per­akau­nan pro­gramme is open to bu­mi­put­eras with a bach­e­lor’s de­gree or diploma in ac­count­ing, bank­ing and fi­nance or busi­ness­re­lated field with a min­i­mum CGPA of 2.8 (3.0 for diploma hold­ers).

To be el­i­gi­ble, ap­pli­cants must have at least three years’ work ex­pe­ri­ence in au­dit­ing, bank­ing, fi­nance or busi­ness-re­lated field, and must be cur­rently work­ing in the Klang Val­ley or Kuch­ing.

Suc­cess­ful ap­pli­cants will be fully funded to pur­sue the ACCA Qual­i­fi­ca­tion on a part-time ba­sis with tu­ition pro­vided at Sun­way TES (for Klang Val­ley) or Sun­way Col­lege Kuch­ing.

“This up-skilling pro­gramme is specif­i­cally de­signed to as­sist as­pir­ing ac­coun­tants to be­come a char­tered cer­ti­fied ac­coun­tant through the com­ple­tion of the ACCA Qual­i­fi­ca­tion.

This is a great op­por­tu­nity for bu­mi­put­era grad­u­ates to up­grade their knowl­edge and skills with­out hav­ing to worry about the fi­nan­cial bur­den of study­ing an in­ter­na­tion­ally recog­nised qual­i­fi­ca­tion,” said Lopez.

For de­tails, visit www.pen­er­a­ or www.acca­

Ac­cord­ing to Lopez, ex­cep­tional ACCA af­fil­i­ates and stu­dents ex­cel in their ex­am­i­na­tion ev­ery year, many of whom are Malaysian stu­dents.

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