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MoU exchange to enhance progression of professional accountants

Kuala Selangor : To accelerate the progression of accounting students to meet Malaysia’s target of 60,000 qualified accountants by 2020, two memorandums of understanding (MoU) were exchanged today between TalentCorp and Universiti Teknologi MARA (UiTM) as well as two professional accounting bodies - CPA Australia and the Chartered Institute of Management Accountants (CIMA).

The first MOU between TalentCorp, UiTM and CPA Australia will enable 300 accounting students at UiTM to begin their professional qualification journey by taking one professional paper under the CPA programme while still pursuing their degree program.

Witnessing the exchange at the UiTM campus was none other than minister in the Prime Minister’s Department Datuk Seri Abdul Wahid Omar.

“The Government’s efforts to produce industry-relevant graduates is to ensure that our young Malaysian talent are able to access the high income opportunities arising from our economic transformation,” said Wahid Omar.

The second MOU between TalentCorp and CIMA is an industry-academia collaboration where participating employers will see 200 accounting students at local universities to go through a structured internship and to take the CIMA professional papers.

Wahid Omar further added, “Upskilling our graduates with industry recognised professional qualifications will help our Malaysian talent realise their potential.”

Also launched earlier at the event was the Industry Engagement Zone (Ind-E-Zone) which aims to address the skills mismatch between graduates and employers while empowering students for employment.

“The professional accountancy upskilling programs and Ind-E-Zone centres are part of TalentCorp’s efforts to enhance graduate employability through industry academia collaborations,” explained TalentCorp CEO Johan Mahmood Merican.

The Ind-E-Zone in UiTM marks the tenth centre to be established since its introduction in late 2014. By the end of this year, there will be 11 Ind-E-Zones established in public universities across Malaysia.

For more information on TalentCorp and its work in enhancing graduate employability, visit www.talentcorp.com.my and www.ready4work.my.

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