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MIA Digital Technology Blueprint to prepare Malaysian accountants for digital economy

MIA Digital Technology Blueprint to prepare Malaysian accountants for digital economy

The Malaysian Institute of Accountants
(MIA) has launched its MIA Digital Technology Blueprint in order to help the
accountants manage widespread changes arising from the digital economy and
Industrial Revolution 4.0 (IR4.0).

According to the announcement
made by Bernama,
the launch was held during MIA’s inaugural AccTech Conference 2018. Both the
blueprint and the conference are part of MIA’s ongoing digital initiatives as
it seeks to prepare the Malaysian accountancy profession for the future as well
as provide more value to the ecosystem.

MIA is the national accountancy body that
regulate, develops, supports and enhances the integrity, status and interests
of the profession in Malaysia. It was established under the Accountants
Act 1967
. MIA works closely alongside businesses allowing it to
connect its members to an unmatched range of information resources, events, and
professional development and networking opportunities.

MIA CEO Dr Nurmazilah Dato’ Mahzan
explained, during her welcome remarks at the conference, that 5 driving
principles outline the MIA Digital Technology Blueprint 2018-2023. The 5
principles that will serve as guide for Malaysian accountants so that they can
respond appropriately to digital technology are: assessing digital technology
trends; identifying capabilities; harnessing digital technology; funding; and
governance.

The role of MIA in supporting its members
in the 5 principles is also set out in the Blueprint. Its role involves
educating and upskilling MIA members and accountants in Malaysia on emerging
core areas such as big data analytics, cloud computing, automation and
artificial intelligence.

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, during his special
address at the MIA AccTech Conference 2018.

The Blueprint was prepared by the MIA
technical team with inputs and guidance from MIA’s Digital Economy Task Force.

International Federation of Accountants (IFAC) President Ms Rachel Grimes attended the MIA AccTech
Conference 2018 as its guest of honour. Ms Grimes commended MIA, a member body
of IFAC, its efforts to prepare accountants in Malaysia for the digital economy
and IR4.0. 

Aside from that, Ms Grimes also discussed
during her keynote address about IFAC’s effortsIntelligence, which include Robotics,
Blockchain, Cybersecurity and Communications, and Data Analytics.

400 delegates were in attendance at the
conference, which featured 3 plenaries and 6 breakout sessions. MIA thanked the
participants and the people behind the success of the MIA AccTech Conference
2018. They are the 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.

Presently, there are more than 34,500 MIA members
making their strides in businesses across all industries in Malaysia and around
the world.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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