In the profession 4104 all professional accountants

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Unformatted text preview: it. 410.11 The decision of the Council on an application made pursuant to paragraph 410.9 is final. 410.12 In exercising its discretion pursuant to paragraph 410.9, the Council may require the professional accountant to submit a letter of undertaking stating that the professional accountant will fulfill the CPE requirements pursuant to section 410 above upon recovery from the illness or upon the lapse of the reason for which the Council has granted the exemption. 115 By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants [Issued January 2007] PART II: BY-LAWS ON PROFESSIONAL CONDUCT AND PRACTICE Section 420 Description and Designatory Letters Description and Designatory Letters 420.1 Every professional accountant in describing himself or herself as an accountant in Malaysia shall use the designations “Chartered Accountant”, "Licensed Accountant" or “Associate Member” with the designatory letters “C.A.(M)”, “L.A.(M)” or “A.M.(M)” respectively. 420.2 A professional accountant may use in conjunction with the abovementioned designations or the abovementioned designatory letters any letters or words or a combination of letters and words to indicate (a) membership of other professional bodies including the recognised bodies which are specified in Part II of the First Schedule to the Act; (b) possession of academic degrees or diplomas of institutions of higher learning or any academic post-graduate qualification from institutions of higher learning; or (c) possession of civil or military honours or decorations. 420.3 A member in public practice shall describe his or her firm as a firm of “Chartered Accountants” or as a firm of "Licensed Accountants" as appropriate. 420.4 Every member in public practice who signs any reports or other documents in a professional capacity either as an individual or for and on behalf of the firm shall only use the designations “Chartered Accountant” or “Chartered Accountants” or "Licensed Accountant" or "Licensed Accountants" to describe that member in public practice or the firm in the report or documents. 116 By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants [Issued January 2007] PART II: BY-LAWS ON PROFESSIONAL CONDUCT AND PRACTICE Section 430 Public Practice Programme Public Practice Programme 430.1 (1) All professional accountants applying for a practising certificate for the first time, pursuant to Rule 9 of the Malaysian Institute of Accountants (Membership and Council) Rules 2001 are required to attend and complete the Institute’s Public Practice Programme, prior to his/her application. (2) The Membership Affairs Committee of the Council or any other Committee so delegated by the Council for this purpose, may reject the application of any professional accountant for a practising certificate if there is non-compliance with the above requirement without vali...
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This document was uploaded on 09/23/2013.

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