How Do I Become A Member?

You can gain membership in the Institute through:

1. MICPA-CAANZ Programme

You must complete the MICPA-CAANZ Programme and gain at least 3 years of relevant practical training experience.

Refer here for more information on the MICPA-CAANZ Programme.

Approved Practical Experience
Work experience forms an integral part of the MICPA-CAANZ programme process. However, there is no standard model for the work experience to be given to every student. It varies from student to student and from office to office.

There are two routes of training leading to the CPA qualification, both of which require you to complete the same examinations, and a period of practical training.

Stream I

Stream I is the traditional route of training where you will work in the office of a CPA in public practice under a training contract. You will gain experience in a wide range of services, exposing you to a great variety of clients. Your service will be highly valued by all types of organisations.

 
Stream II

Stream II is where candidates may undertake the MICPA-CAANZ Programme whilst employed outside public practice, by an Approved Training Organisation (ATO) under the supervision of a member of MICPA or recognised professional body. Candidates are not required to enter into a training contract but must maintain a training log book as a record of their practical experience.

 

As a general guide, the following categories of experience are held to be fundamental to the work of professional accountants.

Financial Accounting Financial Management
Auditing Insolvency
General Practice Treasury
Management Accounting Information Systems Consultancy
Taxation Comparable Sub-divisions of Accounting

All potential CPAs under the MICPA-CAANZ programme are required to obtain not less than 3 years of approved practical experience.

Refer here for list of approved training employers.

Application For Membership
An application for admission as a member of the Institute shall be made not more than twelve months after whichever is the later of:

  • the date on which a registered student is notified that he has passed all of the examinations of the Institute for which exemption has not been granted; and
  • the date of completion of 3-year approved practical experience.

Complete the application form and submit to the Institute with supporting documents and appropriate fees.

 

2. Recognition of Memberships

As a full member in good standing of the approved accounting bodies, you can apply for membership of the Institute by undertaking the Institute’s admitting examination under bye-law 34(1)(f):

Approved Accounting Bodies Admitting Examination
American Institute of Certified Public Accountants Paper 1: Malaysian Taxation
Paper 2: Regulatory & Financial Reporting Framework of Malaysia
American Institute of Certified Public Accountants (AICPA)
Association of Chartered Certified Accountants (ACCA)
Chartered Accountants Australia and New Zealand (CAANZ)
Canadian Institute of Chartered Accountants (CICA)
Institute of Chartered Accountants of England and Wales (ICAEW)
Institute of Chartered Accountants Ireland (ICAI)
Institute of Chartered Accountants of Scotland (ICAS)
Institut der Wirtschaftsprüfer in Deutschland e.V. (Institute of Public Auditors in Germany, Incorporated Association) (IDW)
Hong Kong Institute of Certified Public Accountants (HKICPA)
Japanese Institute of Certified Public Accountants (JICPA)
South African Institute of Chartered Accountants (SAICA)

Refer here for more details on the admitting examination.

Application for Membership
Applicants must complete the application form and provide the following documents, accompanied by appropriate fees:

  • Membership certificate(s) or a letter from the accountancy body/ bodies confirming the date(s) of admission to membership.
  • University degree(s) or other academic diploma.
  • Testimonial(s) from employer(s) indicating in full details the position(s) held, duration in each position, job functions and seniority in the organisation(s).

All photocopies of submitted documents must be certified true by the referee who is a member of MICPA or your current employer. For applicants who sat for the MICPA Admitting Examination, a certified copy of the examination results transcripts must also be enclosed.

Please contact the Institute’s Membership Services Department for further details.