Accountants can work in the Top 10 Accounting & Audit Firms in Malaysia


Shortage of Qualified Accountants in Malaysia

Written by EduSpiral Consultant Services. For more information contact 01111408838

Presently, Malaysia has about 7.5 million Accountants. The country requires another 60,000 Accountants to fulfill Vision 2020. All Accountants have to abide by a strict code of ethics and maintain high professional standards. All practising accountants must register with the Malaysian Institute of Accountants (MIA).

There are currently 30,994 members of the Malaysian Institute of Accountants (MIA). In Malaysia, there is currently a chronic shortage of qualified tax accountants and cost estimators/controllers. Foreign and Malaysian banks are now looking to recruit local accountancy & finance professionals, creating strong demand for Malaysian talent, says recruiting experts Hays in Malaysia.

The beauty of a career in accounting is that jobs abound as every company or industry in Malaysia needs qualified staff proficient in accounting. Graduates can work in industries like property, FMCG, retail, fashion, construction, trading, hotel, travel, restaurants, Food & Beverage, SMEs, entertainment, automotive, education, and more. Graduates can also find work in top Accounting & Auditing firms in Malaysia such as Ernst & Young, PricewaterhouseCoopers, Deloitte, KPMG, Baker Tilly Monteiro Heng, Moore Stephens AC, Steven Chin & Co, BDO, Grant Thornton, RSM, Mazars, Crowe Horwarth International, DFK International, Halim & Lee, Begbies Traynor, etc

To work at the top accounting & audit firms in Malaysia, students must choose the best university in Malaysia for their accounting studies in order to gain the necessary knowledge and skills to successfully enter these companies.

For more information contact 01111408838

Please fill up the form for more information. If you do not give your mobile number or full name as in IC, your query will not be answered. Please make sure you give a correct email address and check your email including the SPAM or JUNK email folder within 48 hours as we will email you the information. 

Working at the Best Accounting Firms in Malaysia

EduSpiral provided me with in-depth advise on choosing the right course for my career. Terence Wong, Business at Taylor's University

EduSpiral provided me with in-depth advise on choosing the right course for my career. Terence Wong, Business at Taylor’s University

Christine Wright, Asia Operations Director at Hays, says: ‘Competition for the top talent and wage pressure will continue in the year ahead. Employers prefer candidates who can have a positive impact on their commercial objectives. In particular, demand is high for financial planning and analysis (FP&A) candidates as employers add commercial skills to their business.’

Senior finance professionals, particularly heads of finance, financial controllers and regional and senior finance managers are in strong demand in Malaysia. Wright says: ‘At this level, salaries increase sharply. Although salaries for these professionals are still lower than other parts of Asia, such as Singapore and Hong Kong, they are starting to align.

Accounting Professionals’ Salary in Malaysia

"I met up with EduSpiral about 4 times in Ipoh & at Asia Pacific University to discuss about my future. He provided me with in-depth information and even arranged for me to meet up with the Head of School at APU to talk to me." Kar Jun, Accounting graduate from Asia Pacific University

“I met up with EduSpiral about 4 times in Ipoh & at Asia Pacific University to discuss about my future. He provided me with in-depth information and even arranged for me to meet up with the Head of School at APU to talk to me.” Kar Jun, Accounting graduate from Asia Pacific University

At an executive level, many local businesses show a preference for candidates with Chinese language skills; to work in a multinational environment, candidates must be able to communicate well in English.

Accounts executives are expected to keep full accounts under the supervision of an accountant, maintain records of transactions, prepare statements for management budgets, cash flow forecasts and tax returns. Salary levels for accounts executive range from RM2,500 to RM4,000, depending on experience.

According to a the Annual Salary Survey 2016 from the Charted Institute of Management Accountants (CIMA), qualified accounting professionals can earn as much as RM186,000 annually.

Top 10 Accounting Firms in Malaysia

Top 10 of Malaysia takes a look at the nation’s top 10 accounting firms, listed in no particular order.

After I finished my SPM, I felt confused about my further study. Eduspiral, was so patient to answer all my questions and took us around for a campus tour.  Hui Ying, Diploma in Accounting at Asia Pacific University

After I finished my SPM, I felt confused about my further study. Eduspiral, was so patient to answer all my questions and took us around for a campus tour. Hui Ying, Diploma in Accounting at Asia Pacific University

Deloitte

Also part of the Big Four auditing firms is Deloitte Touche Tohmatsu Limited, more commonly known as Deloitte. As the second largest professional services network in the work, Deloitte provides audit, tax, consulting, enterprise risk and financial advisory services. The firm employs some 182,000 employees that are spread across 150 countries. Deloitte KassimChan and its affiliates provide these services in Malaysia and is part of Deloitte Southeast Asia Ltd.Deloitte Southeast Asia was established to cater to the demands of the increasingly intro-regional and fast growing companies and enterprises.

Ernst & Young

The fourth accounting firm to make the Big Four is Ernst & Young and was founded in the 19th century. Its headquarters is now located in London and has 695 member firms in more than 140 countries across the world. The services it provides include assurance, advisory, tax and transaction advisory
services.

 

My mum contacted EduSpiral to help advise me on which course & university to choose as I was quite confused. He took us to visit the universities & helped guide me to make the right choice. Bryan Yap, Foundation in Business at Heriot-Watt University Malaysia

My mum contacted EduSpiral to help advise me on which course & university to choose as I was quite confused. He took us to visit the universities & helped guide me to make the right choice. Bryan Yap, Foundation in Business at Heriot-Watt University Malaysia

PricewaterhouseCoopers – PwC

PwC or PricewaterhouseCoopers as it was previously known is the world’s largest audit and accountancy firm and one of the Big Four auditors. Headquartered in London, PwC spans over 771 cities in 158 countries including Malaysia and boasts a strong body of more than 169,000 people supporting its operations.PwC began its operations in Malaysia (then Malaya) as early as 1900 and since then it has been supporting large MNCs, public sector entities and Malaysian companies by delivering solutions to them through its assurance, tax and advisory services.

KPMG

One of the Big Four auditors, KPMG’s global headquarters is situated in the Netherlands. The audit firm employs some 140,000 people in its member firms scattered across the globe. The Malaysian arm of the KPMG network of firms is KPMG DesaMegat& Co. It was established in 1983 and now has 66 partners and more than 1,600 staff in 10 offices.

 

I was confused about what to study and talking to EduSpiral helped me a lot. Coming from Sarawak made it difficult for me to know which university was best in Malaysia & EduSpiral provided good insights. Eric Lu, Business at KDU University College

I was confused about what to study and talking to EduSpiral helped me a lot. Coming from Sarawak made it difficult for me to know which university was best in Malaysia & EduSpiral provided good insights. Eric Lu, Business at KDU University College

BDO

The fifth largest accountancy network in the world, BDO International was founded in 1963 as the Binder Seidman International

Group through a convergence of firms form the UK, Netherlands, Germany, the US and Canada. Then in 1973, the abbreviation BDO which stands for Binder DjikerOtte& Co was adopted.Since then, the firm has grown tremendously and now serves clients in 135 countries with almost 48,800 people working out of its 1,118 offices.

 

Grant Thornton

A global professional services network, Grant Thornton International and its member firms operate in 521 cities in more than 113 countries across the world. Its Malaysian arm SJ Grant Thornton was established in 1974 and has four offices with the main office situated in Kuala Lumpur. Its other offices are situated in Kuantan, Johor Bahru and Penang. It has 13 partners, directors and principals and more than 250 personnel supporting its operations.

 

"I met EduSpiral at the education organised by them at Kinta Riverfront in December. I was still confused and had some questions. EduSpiral met up with me and my mum at Old Town to explain more about the course. The counselor helped me choose well." Gary Ng taking the Diploma in Accounting at KDU University College

“I met EduSpiral at the education organised by them at Kinta Riverfront in December. I was still confused and had some questions. EduSpiral met up with me and my mum at Old Town to explain more about the course. The counselor helped me choose well.” Gary Ng taking the Diploma in Accounting at KDU University College

Crowe Horwarth International

Crowe Horwarth International was founded in 1907 and is ranked among the top 10 accounting firms in the world providing audit, tax, advisory, risk and performance services. It boasts personnel of 2,500 and has 150 independent accounting and management consulting firms that have offices that are spread out in over 580 offices across the globe.

Baker Tilly MonteiroHeng

Baker Tilly is ranked the eighth largest accountancy and business service network and has 572 offices which employ more than 26,000 staff in 114 countries. An independent member-firm of Baker Tilly International, Baker Tilly MonteiroHeng is Malaysia’s second largest mid-tier accounting firm with local offices in Kuala Lumpur, Penang, Melaka, Seremban and BatuPahat as well as a branch office in Cambodia.

 

Halim & Lee

Halim & Lee was established in 1983 and is a firm of chartered accountants providing accounting, payroll, insolvency, advisory, tax, auditing and corporate services. Situated in Damansara, the firm is helmed by its two partners – Kevin Lee Chew Yam and Hasan bin Husin.

DFK International

DFK International is ranked among the top 10 accounting firms and business advisors and has been offering its services to the public for more than 50 years. DFK has 202 member firms and 308 offices worldwide with its headquarters situated in London. It has a total of 1,179 partners and more than 10,040 staff in its offices across the world. In Malaysia, the independent member of DFK International is Folks DFK & Co.

Study at the Best Private Universities in Malaysia for Top Accounting Degree Programmes with ACCA Exemptions

My friend introduced me to EduSpiral. He helped me to make the right choice.
Wai Hou, Diploma in Accounting at Asia Pacific University

Students who are weak in English should go for an accounting degree at a top private university in Malaysia where the degree is exempted from the 9 papers of the ACCA. Upon graduation, you find a job and then take the final 5 papers of the ACCA to become a chartered accountant.

With at least 5 credits in SPM or O-Levels students can go for the Foundation in Arts or Foundation in Business at the best private universities in Malaysia. After that, they can enter into the 3-year accounting degree programme. Alternatively, students with 3 credits in SPM or O-Levels may enter into the Diploma in Accounting for 2 years. Upon completion of the Diploma in Accounting, students can enter into Year 2 of the Accounting Degree with advanced standing.

Upon completion of the accounting degree programmes, graduates will have 9 paper exemptions from the total of 15 ACCA papers. I would recommend students who are weak in the English language to go for the accounting degree course first and then only pursue the ACCA. The ACCA is exam-based and marked in the UK.

Top ranked universities in Malaysia for Accounting degree programmes with ACCA exemptions are

Asia Pacific University offers courses in business, accounting, engineering & IT

CurtinUniversity Sarawak, Asia Pacific University, KDU University College Utropolis Glenmarie, UCSI University, HELP University, KDU Penang University College & MAHSA University

Malaysia’s best universities for Accounting and Finance degree courses with ACCA exemptions are  Heriot-Watt University MalaysiaAsia Pacific University,  Taylor’s UniversityCurtin University SarawakHELP Academy, UCSI University & First City University College

While it can be difficult to choose between private universities or colleges in Malaysia offering the Accounting Degree Course, you will find that there are some key differences between them that can help you make the big decision in choosing the right one that fits you.  The best private universities and colleges in Malaysia have excellent facilities, years of experience running the Accounting degree course, strong student support services, internships and experienced lecturers.

Education Pathway to Study Accounting in Malaysia

With at least 5 credits in SPM or O-Levels students can go for the Foundation in Arts or Foundation in Business at the best private universities in Malaysia. After that, they can enter into the 3-year accounting degree programme. Alternatively, students with 3 credits in SPM or O-Levels may enter into the Diploma in Accounting for 2 years. Upon completion of the Diploma in Accounting, students can enter into Year 2 of the Accounting Degree with advanced standing.

First rate universities in Malaysia for students after SPM or O-Levels to study Diploma in Accounting programmes are Asia Pacific University, MAHSA UniversityKDU University College Penang, and KDU University College Utropolis Glenmarie

Becoming a Chartered Accountant in Malaysia

EduSpiral met up with me many times to explain the course to me, took me to visit the campus, & even arranged the Head of Department to clear my doubts.
Fung (Right), Accounting at Asia Pacific University

Chartered Accountants In Malaysia, the word “Accountant” is protected meaning only those who are registered with the Malaysian Institute of Accountants may only use it. Please note, graduates from the Diploma in Accounting or BA (Hons) Accounting & Finance cannot use the title as Accountants. Students must sit for the papers from recognised professional accountancy bodies such as the Association of Chartered Certified Accountants (ACCA), Chartered Institute of Management Accountants (CIMA), CPA Australia, and so forth.

To be a registered chartered accountant in Malaysia, you must be a member of the Malaysian Institute of Accountants (MIA), which is the regulatory body for accountants in Malaysia. Members of ACCA, CIMA, CPA Australia, ICAA, ICAEW and MICPA are eligible for MIA membership.

Students may also sit for the MIA Qualifying examination in order to be admitted as a member of MIA.

Presently, Malaysia has about 7.5 million Accountants. The country requires another 60,000 Accountants

EduSpiral emphasised the importance of having good English for our future career. I am glad to join a globalised university which has helped me to improve my communication skills.
Vincent Yeoh, Accounting & Finance at Asia Pacific University

to fulfill Vision 2020. A career in Accounting can give you high salaries if you are equipped with the necessary knowledge and skills. Therefore, you should choose a reputable top university in Malaysia to study the Accounting degree.

In order to succeed in the competitive field of accounting, students must choose the best universities in Malaysia to study. Students should choose the right university that fits them which has a good reputation for business programs, excellent facilities, top lecturers and an English-speaking student environment.

To be a registered chartered accountant in Malaysia, you must be a member of the Malaysian Institute of Accountants (MIA), which is the regulatory body for accountants in Malaysia. Members of ACCA, CIMA, CPA Australia, ICAA, ICAEW and MICPA are eligible for MIA membership.

Students who are weak in English should go for an accounting degree at a top private university in Malaysia where the degree is exempted from the 9 papers of the ACCA. Upon graduation, you find a job and then take the final 5 papers of the ACCA to become a chartered accountant.

Upon completion of the accounting degree programmes, graduates will have 9 paper exemptions from the total of 15 ACCA papers. I would recommend students who are weak in the English language to go for the accounting degree course first and then only pursue the ACCA. The ACCA is exam-based and marked in the UK.

EduSpiral Consultant Services- Your Personal Online Education Advisor

Established since 2009, EduSpiral Consultant Services helps provide information and counselling on courses and universities in Malaysia & Singapore.

After I finished my SPM, I felt confused about my further study. Eduspiral, was so patient to answer all my questions and took us around for a campus tour.  Hui Ying, Diploma in Accounting at Asia Pacific University

After I finished my SPM, I felt confused about my further study. Eduspiral, was so patient to answer all my questions and took us around for a campus tour. Hui Ying, Diploma in Accounting at Asia Pacific University

EduSpiral Consultant Services represents the best colleges and universities in Malaysia offering a wide range of choices for students to choose from. These colleges and universities offer value for money in the quality of education and excellent facilities that you get. These universities and colleges are chosen by EduSpiral because they represent the best in their fields in Malaysia and affordable.

EduSpiral Consultant Services represents the best colleges and universities in Malaysia offering a wide range of choices for students to choose from. These colleges and universities offer value for money in the quality of education and excellent facilities that you get.

These universities and colleges are chosen by EduSpiral because they represent the best in their fields in Malaysia and affordable. EduSpiral provides in-depth information and counseling on their courses so that students are able to make the right choice.

If you are still not sure what to study, please contact us and we will send you a free EduSpiral Career Assessment Form.

Please contact us for more details.

Please fill up the form for more information. If you do not give your mobile number or full name as in IC, your query will not be answered. Please make sure you give a correct email address and check your email including the SPAM or JUNK email folder within 48 hours as we will email you the information. 

 

About EduSpiral Consultant Services

EduSpiral seeks to offer information and advise on courses & careers and placement services to top private colleges & universities in Malaysia & Singapore. Our experienced consultants will share from years of counselling students to guide students personally on to the best possible career choice. The decision that you make now, can change your life forever....so make it wisely.

Posted on October 13, 2014, in Accounting, Accounting & Finance, Business, Career Choices, Choosing the right course, Choosing the right university, Job Outlook, Jobs with high salary, Study in Malaysia, The best jobs and tagged , , , , , , . Bookmark the permalink. 2 Comments.

  1. Hi I am a Indian ca and came from dubai to look for job in Malaysia having 12 years of experience so how’s the job for expats

    Like

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