INTRODUCTION:
To become an ACCA member in Malaysia, one needs to complete all the academic requirements of this qualification, including passing exams, completing EPSM, and gaining the ACCA PER; once all these requirements are fulfilled as per the structure of ACCA, you can begin with the application process and, after approval, become an ACCA member. This title is highly regarded and rewarded in the accounting and finance world, not only locally but on global platforms as well.
An ACCA member in Malaysia can take over several accounting roles in large corporations and MNEs; big employers actively seek skilled ACCA members to take charge of their company’s financial sector. This shows the credibility and prestige ACCA membership holds; employers have trust in the expertise of professionals with this qualification, who can manage this complex sector with transparency, accuracy, and ethical practices, which leads to growth in profitability.
However, the demand for ACCA members in Malaysia is quite high, but is that all a professional needs to become successful in the practical world? No, these career benefits only favour you if you follow effective steps and ensure that you stay relevant to the industry. In this blog, we will discuss all the essential factors that you need to take care of before beginning your career in the finance world.
1: UNDERSTANDING WHAT ACCA MEMBERSHIP OFFERS:
To efficiently use the privileges that come with memberships, ACCA members in Malaysia must understand them first to add value to their professional journey; becoming a member of the world-renowned accounting community means that the door for various opportunities has been opened for you; top accounting firms look forward to working with ACCA members. Fully qualified professionals can work in multiple sectors, including publicly listed companies, government agencies, and SMEs.
2: CHOOSE YOUR CAREER PATH:
If you are willing to make your journey worth it after getting membership status by ACCA in Malaysia, get serious with your career; rather than going with the flow, choose a career path that you want to follow. This will help you stay consistent and enable you to achieve your goals. Career paths that ACCA members can choose include public practice offering auditing & assurance services, corporate finance & accounting, taxation & advisory, entrepreneurship, etc.
3: CONNECT WITH ACCA MALAYSIA:
To build a success-driven career in the Malaysian finance and accounting sectors, one must have familiarity with local financial practices and regulations. To build relevance, professionals are advised to connect with ACCA Malaysia, which offers local networking events, workshops, employer introductions, career fairs, guidance regarding PPC, and much more. All these things, if used efficiently, contribute to having a secure financial career in Malaysia.
4: CONTINUOUS LEARNING:
Membership status requires maintenance as well; ACCA in Malaysia has this requirement, where members are obliged to complete ACCA CPD every year; if not, they can end up losing their membership. These CPD (Continuous Professional Development) activities are tailored to equip professionals/members with current industry updates, changes in regulations, etc. In short, CPD is like a specialization that keeps you relevant to the financial industry despite its ever-evolving nature.
5: BUILD PROFESSIONAL EXPERIENCE:
If you aim to have a successful career in finance and take advantage of becoming an ACCA member in Malaysia, you must build a strong professional profile. This is only possible when members stay committed to gaining as much relevant work experience as possible and focus on choosing roles and CPD activities that align with their career objectives/goals. This way, you can count these expertise as your achievements as well and mention them in your academic and professional profiles.
today!
6: FOCUS ON NETWORKING:
Becoming an ACCA member in Malaysia is an achievement in itself, but it is not enough to have an extraordinary career unless you know how to use the career privileges to add value to your journey. ACCA in Malaysia emphasizes building a strong network, as in the financial sector, strong PR matters a lot. Through networking, you can build professional connections with employers, colleagues, and seniors; this can help you to avail top career opportunities.
7: LONG-TERM GOALS:
Set your career goals, ask yourself where you want to see yourself in 5 to 10 years, and then follow a structured path to reach that goal. For example, if you want to take over senior-level roles in accounting or finance sectors, such as CFO, Finance Director, Head of Finance, etc, start working for it from now. Without setting goals and self-reminders, humans tend to get distracted, which results in lost ambitions; hence, if you truly want to be successful, never overlook the long-term goals that you have set. Make a proper strategy by analyzing your current situations, formulating the right choices and finally implementing the right option to achieved your desired goal.
CONCLUSION:
Indeed, an ACCA member in Malaysia has numerous opportunities and privileges globally, but one must know how to use them to benefit oneself. There are certain steps that members need to follow, or I must say areas that need to be focused on, if someone truly wants to become successful. Some of the factors that can lead ACCA members to successful careers are focusing on networking & CPD, gaining relevant experience/expertise, Malaysian relevance, long-term goals, etc. If you are an ACCA member in Malaysia or a to-be, focus on the outline provided in this guidebook to have a successful career.
FREQUENTLY ASKED QUESTIONS:
Q1: Is there any career support offered by ACCA in Malaysia?
Answer: ACCA is a very supportive qualification that is committed to providing a highly reliable career; ACCA offers career support through career fairs, employer events, networking sessions, CPD activities, online career portals, etc.
Q2: What practical experience is required before becoming an ACCA member in Malaysia?
Answer: Before you get the title of ACCA member in Malaysia, first, you need to gain relevant practical experience of 36 months that should be well documented, signed, and submitted to ACCA; it is an academic requirement that can not be overlooked.
