Malaysia’s ambitions under the Economic Transformation Programme to produce 60,000 accountants by 2020 will require a concerted effort from the accountancy profession
The government and stakeholders in the profession acknowledge that accountancy is one of the key areas where the country is significantly under-served, and the public and private sectors need to ensure that the demand driven by Malaysia’s steady and strong economic growth is met. There are obviously some major challenges that may be obstacles to achieving the government’s target. The main challenge faced in Malaysia is similar to that found in many other markets. It’s to persuade young people that the accountancy profession is an attractive option offering excellent career opportunities, financial rewards and opportunities for personal development.
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