MIA Launches Digital Technology Blueprint at AccTech Conference 2018
To help accountants manage sweeping changes arising from the digital economy and Industrial Revolution 4.0 (IR4.0), MIA launched its MIA Digital Technology Blueprint at its inaugural AccTech Conference 2018.
Both are part of the regulator’s ongoing digital initiatives as it seeks to future-proof the Malaysian accountancy profession and provide more value to the ecosystem.
About MIA Digital Technology Blueprint 2018-2023
“The MIA Digital Technology Blueprint outlines 5 driving principles that guide the Malaysian accountants to respond appropriately to digital technology,” explained MIA CEO Dr. Nurmazilah Dato’ Mahzan in her welcome remarks at the MIA AccTech Conference 2018. These are i) assessing digital technology trends, ii) identifying capabilities, iii) harnessing digital technology, iv) funding and v) governance.
The Blueprint also sets out the MIA’s roles in supporting members in the 5 principles, which entail educating and upskilling MIA members and accountants in Malaysia on emerging core areas such as big data analytics, cloud computing, automation and artificial intelligence.
In his special address at the MIA AccTech Conference 2018, MIA President Encik Salihin Abang expressed confidence that the Blueprint would help MIA members and accountants in Malaysia to adopt the technologies that suit their business, large or small.
The Blueprint was prepared by the MIA technical team with inputs and guidance from MIA’s Digital Economy Task Force.
Overview of MIA AccTech Conference 2018
The MIA AccTech Conference 2018 was graced by guest of honour Rachel Grimes, President of the International Federation of Accountants (IFAC), of which MIA is a member body. In her keynote address, Grimes commended the MIA for its efforts to prepare accountants in Malaysia for the digital economy and IR4.0. She also talked about the IFAC’s efforts to simplify technology applications for the Profession around the acronym ABCD which are Artificial Intelligence including Robotics, Blockchain, Cybersecurity and Communications, and Data Analytics.
MIA AccTech Conference 2018 drew more than 400 delegates and featured 3 plenaries and 6 breakout sessions. MIA thanked its speakers, MIA’s Digital Economy Task Force, MIA’s Technology Committee and sponsors Fusionex International, Beans Group, Kollect Systems, Microsoft Malaysia, NUMA Solution, Wavelet Solutions and Autoscan Technology for their support in making the MIA AccTech Conference 2018 a success.
About the Malaysian Institute of Accountants (MIA)
Established under the Accountants Act 1967, MIA is the national accountancy body that regulate, develops, supports and enhances the integrity, status and interests of the profession in Malaysia. MIA accords the Chartered Accountant Malaysia or “C.A. (M)” designation. Working closely alongside businesses, MIA connects its membership to an unmatched range of information resources, events, professional development and networking opportunities.
Presently, there are more than 34,500 members making their strides in businesses across all industries in Malaysia and around the world.
MIA’s international outlook and connections are reflected in its membership of regional and international professional organisations such as the ASEAN Federation of Accountants (AFA), and the International Federation of Accountants (IFAC). For more information on MIA, visit www.mia.org.my