Prime Minister Datuk Seri Najib Tun Razak said to ensure targets are achieved, the government will establish a Professional Accountant Centre at Universiti Teknologi Mara (UiTM) in the near future.
He said the center will provide four professional courses of the Institute of Chartered Accountants in England and Wales (ICAEW), the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Management Accountants (CIMA) and the Malaysian Institute of Certified Public Accountants (MICPA).
"When these indigenous graduates who have a degree in accounting are quite a lot of 7,663 or 64 per cent, but the number of professional qualification certificates are still low and should be increased.
"We will correct this situation and the total number of indigenous professional accountants can be improved in a certain period," he said in a press conference after chairing the Bumiputera Economic Council in the Parliament today.
Also present were Deputy Prime Minister Tan Sri Muhyiddin Yassin and several cabinet ministers.
In the meantime, he said the government was also looking to amend the Accountants Act 1967, to give encouragement to all of our indigenous especially to get a professional qualification certificates.
Beyond that, he said, the imbalance between the salaries of accountants working in the public sector and the professional accountant will also be reviewed as perceived to be one of the cause of the indigenous professional accountants.
"Right now, the accountants that have degree in accounting earn the salary higher than a professional accountant. This situation does not provide incentives for them to acquire professional qualifications," he said.
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