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Build your career as a professional accountant ppt

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Why the accountancy profession is important in nation building and what are the opportunities offered to professional accountants

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Build your career as a professional accountant ppt

  1. 1. Build Your Career As A Professional Accountant Berjaya College 10 December 2016
  2. 2. Who is a Professional Accountant?
  3. 3. A person who knows the cost of everything and the value of nothing? - internet
  4. 4. A person who help people to understand performance and situations of organisation using numbers?
  5. 5. Accountants work on the past, present and future The Past • Financial reporting • Auditing • Tax computation The Present • Internal control • Risk management • Regulatory compliance The Future • Costing • Budgeting • Performance management Some examples, accountants do a lot more!
  6. 6. The Malaysian accountancy supply chain
  7. 7. Moving up the corporate ladder
  8. 8. Roles of accountants in nation building
  9. 9. Roles of accountants in nation building
  10. 10. How change drivers influence market and stakeholders SMEs Corporates Governme nt GLICs Individuals MPERS MFRS Integrated reporting IPSAS XBRL GST Balance budget Financial inclusiveness Anti- corruption Crowd funding Anti- monopoly New Companies Act Economic growth High cost of living Intense competition Corporate social responsibility Cyber security Blockchain Affordable housing Basel 3
  11. 11. How change drivers influence market and stakeholders Public practice Professional accountants in business Accountants in academics Public sector accountants The Market SMEs Corporates GLICs Governme nt Individuals Society Technology Economics Environment Regulation How would the profession react?
  12. 12. While we are discussing about the profession, the world keeps on changing
  13. 13. • Guidelines on Recognised Markets became effective on 2 May 2016 • Allowed 6 equity crowdfunding platforms to operate • Bursa Malaysia issued a consultation paper on SME Board in September 2016 While we are discussing about the profession, the world keeps on changing Equity Crowdfunding Peer to Peer Lending B2B finPAL Peoplender
  14. 14. What does it take to be a Professional Accountant?
  15. 15. Your next step after graduating is to pursue professional accountancy qualification of your choice
  16. 16. Can you guess who these people are?
  17. 17. Moving forward • The marketplace would continue to revolve, creating new competency and skill demands • A professional accountancy qualification provides the holder with a stature that he or she has met the baseline competency required • Your career progression is dependent on how much you are able to leverage on the qualification and create value to your organisation and stakeholders • The accountancy profession provides you with a wide range of opportunities in this exciting and ever changing planet!

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