2O14 YEAR IN REVIEW - CPA Australia/media/corporate/... · A total of forty students from INTI...

2014 YEAR IN REVIEW 1

2O14 YEAR IN REVIEWCPA AUSTRALIA MALAYSIA

2014 YEAR IN REVIEW 22 HONG KONG


ABOUT CPA AUSTRALIA

CPA Australia is one of the world’s largest accounting and finance bodies, representing more than 150,000 members and business professionals across 120 countries. Our core services to members include education, training, knowledge exchange, technical support, networking and advocacy.

For more than 128 years, we have been a thought leader for education and the profession, aiming to transform business and help create value and transparency for the communities in which we operate. Our emphasis on encouraging strong leadership across governments, regulators, industries and academia is shown by our actions and reflected in our membership demographics.

CPA Australia has had presence in Malaysia since 1956 and currently has close to 10,000 members here. CPA Australia is a scheduled body under the Malaysian Accountants Act 1967.

The office works closely with employers to build lasting relationships with key organisations in the Malaysian business community. One such effort is the Recognised Employer Program which help organisations to better attract, develop and retain top accounting and finance staff. There are currently 33 recognised employer partners in Malaysia.

The office also works closely with both private and public institutions of higher learning. It conducts career seminars and supports student conferences organised by various institutions. Through professional accreditation, CPA Australia recognises higher education award based programs that meet the knowledge requirements for Associate membership and CPA Program professional level commencement. CPA Australia currently partners with 29 universities in Malaysia that provide accredited courses to students.

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STUDENT AMBASSADORS’ INDUCTION PROGRAM

CAREER BUILDER ASA TALK SERIES

A total of forty students from INTI International College, Multimedia University, Sunway University, Taylor’s University College and University Tun Abdul Razak were inducted as student ambassadors during the induction program organised by CPA Australia on 28 March.

Held at the CPA Australia office, the induction program included the inauguration of the chosen student ambassadors of CPA Australia as well as an information session on the virtues of the CPA Program. The event also provided a good networking opportunity for the students with interesting, quizzes, games and exercises to help break the ice and facilitate an exciting networking session.

Students together with CPA Australia staff

A series of career builder talks for ASA members were held at the CPA Australia office throughout the year to assist them in their career pursuit.

On 26 February, CPA Australia’s Chief Auditor, A.J Purcell gave a talk on ‘Designing Your Career’. This session provided young members with guidance on nailing interviews, securing promotions as well as identifying issues faced when charting one’s career.

A.J also shared his life experiences and emphasised the need to take each challenge as a learning experience.

Another session on 16 April saw Anthony Matis, General Manager for Education Development, CPA Australia addressing ASA members with his take on ‘Personal Branding and Effective Networking. At this session, Anthony pointed out the importance of first impression in the professional world.


CEO FORUM – LEADERSHIP IN THE 21st CENTURY

CPA Australia together with the Sunway student services department jointly organised a successful leadership forum at the Sunway University campus on 18 April with 150 students in attendance. Aimed at motivating students to excel, the forum titled “Leadership in the 21st Century” enabled students to understand the challenges faced by leaders and the stress management skills required of a good leader.

Students were also treated to an engaging session with Anthony Matis, General Manager for Education Development, CPA Australia; Zarif Munir, Partner and Managing Director of The Boston Consulting Group Malaysia; and Adrian Lee, Audit Partner in KPMG as they shared their career history and leadership styles.

Panelists addressing the audience

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CPA AUSTRALIA CAREER EXPO

Close to 900 jobseekers and fresh graduates thronged the CPA Australia Career Expo held at the Kuala Lumpur Convention Centre on 19 April. Visitors networked with Malaysia’s top employers and explored job opportunities in finance, shared services and related industries.

A total of 22 employers, including Recognised Employer Partners, took part in the exhibition and also participated in several forums.

Anthony Matis, CPA Australia’s General Manager for Education Development kicked off the expo with an insightful talk on “Personal Branding and Effective Networking” focusing on being presentable and convincing.

Davis Chung, Associate Director of People, Performance and Culture from KPMG Malaysia, moderated a panel that discussed various strategies companies could use

to widen their talent pool, including aligning business strategies with the cultural needs of Gen Y. The panel consisted of Alan Chung Ch’ung Yit, Executive Director of Tax, SJ Grant Thornton; Chew Lai Gaik, Process Manager from Kimberly Clark; and Toh Beng Siew, Head of Accounting from IBM.

The second panel session, moderated by Andrew Heng, Partner of Ferrier Hodgson MH and joined by Sanjay Sidhu, Executive Director of Advisory of BDO Malaysia, Patrick Ng, Partner of Audit from PwC Malaysia and Amit Doshi, Head of Shared Services from Averis highlighted the need for employees to upskill themselves to ensure their expertise and talent remained relevant in the industry.

A grooming workshop was also conducted by Sherin Callay from BrandImage International Institute.

From left to right - Andrew Heng, Patrick Ng, Sanjay Sidhu and Amit Doshi

INTI BUSINESS STUDENTS FORUM – THE GAP

CPA Australia was invited to speak at the INTI Business Students Forum on 3 May in INTI International College Subang.

Fifty students joined in to listen to Geetha Kanny, Regional Manager for Education Development, CPA Australia on the advantages

of the CPA Program route. This was followed by Amy Lim, Senior Executive Director in HLB Ler Lum who spoke about the expectation gap between graduates and employers and ways to bridge the gap.

Aptly titled “Your Image, Your Brand”, the workshop focused on the importance of first impression and personal image.

The Career Expo is organised annually across Australia, Hong Kong, Singapore, and Malaysia to provide a platform for individuals seeking career advice, information and recruitment trends to build a career based on professional accounting skills.


CPA AUSTRALIA-MERCER NETWORKING EVENT

CPA Australia and Mercer Consulting joined forces to organise a HR Networking Talk on 24 April and 30 September at the CPA Australia office for human resource leaders and senior management. The event also served as a platform to touch base with existing employer partners and introduce CPA Australia to new employer stakeholders.

The first session, aptly titled “Total Rewards Approach to Retaining Gen Y Workforce” focused on how companies could work toward increasing and keeping their Gen Y talent pool.

This included tips on how to move away from a ‘cash only’ approach and the various effective rest and relax programs and benefits which act as drivers of engagement. Godelieve Kroonenberg, the Market Business Leader for ASEAN in Mercer facilitated the talk for 28 participants and gave valuable input on fostering employee mobility and driving engagement.

The second session featured David Pang, Principal and Leadership Practice Leader of Mercer Talent Consulting, who provided insights on how to create a roadmap to effectively assess and develop middle managers within any organisation to 30 participants.

Godelieve addressing the participants in the room

Freda Liu with Alex Malley at the BFM office

CPA AUSTRALIA WITH BFM 89.9

BFM 89.9, a leading business radio in Malaysia, saw value in engaging with CPA Australia with a string of interviews in 2014.

Alex Malley, CPA Australia’s Chief Executive was interviewed by BFM presenter Freda Liu on his challenges in leading a global accountancy body and his plans for the organisation. He also shared his experience as a suspended school boy and how he learnt from his mistakes to make better choices to move ahead.

Peter Wong Kam Yen, 95, CPA Australia’s longest serving member in Asia, was interviewed by Meera Sivasothy, where he shared his fascinating life stories from his move to Australia and his travel experience

to almost every single continent. He also spoke about his experience working his way up in the accounting world, fighting in World War II and being a global citizen.

GST was the focus of the third interview with Paul Drum, CPA Australia’s Head of Policy, where he addressed some of the concerns associated with GST implementation. He shared the reactions of the business community in Australia when GST was rolled out some 14 years ago and how it affected the economy there.

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MENTORING SESSION – FROM A SUSPENDED SCHOOL BOY TO A CEO

Thirty five student ambassadors from INTI International College, MMU Cyberjaya Monash University, Sunway University and Taylor’s University, were treated to an extraordinary mentoring session by CPA Australia’s top guns on 7 May at the INTI International College Subang.

CPA Australia’s President Penny Egan and Chief Executive Officer, Alex Malley gave a 45-minute mentoring session when they were in Kuala Lumpur.

A talk by Penny and Alex respectively ensued to an audience of 200 with Penny sharing her invaluable experience and how the CPA Australia designation had heavily influenced her highly successful career as an accounting professional.

Alex, meanwhile, talked about his experience as a suspended schoolboy who worked his way up to become the CEO of a company. He reflected on the lessons he had learnt on his journey and hoped the students would be able to draw from his many experiences.

Alex with the student ambassadors

From left to right - Ho Foong Moi, Chief Executive Officer of MIA; Datuk Zaiton Mohd Hassan, Deputy President of MIA; Penny Egan, President of CPA Australia; and Alex Malley, Chief Executive of CPA Australia

CPA AUSTRALIA AND MIA SIGN A MEMORANDUM OF UNDERSTANDING

Building on the already close relationship between the Malaysian Institute of Accountants (MIA) and CPA Australia, a Memorandum of Understanding (MoU) was inked on 7 May at the CPA Australia office to enable MIA members who have served the profession for more than 10 years in a senior capacity to further enhance their credentials by obtaining the CPA Australia designation.

Qualified candidates can receive recognition as an Associate Member of CPA Australia and the opportunity to obtain full membership status by completing three examination papers; Ethics and Governance, Financial Reporting, and Global Strategy and Leadership.

The key area of cooperation identified under the MoU is the commitment given by MIA to encourage its members to take up the CPA Program. The MoU is very much in line with MIA’s objective to support the Continuing Professional Development (CPD) of their members by encouraging them to acquire professional accountancy qualifications.

MIA accounts for over 30,000 registered members of whom 18,000 are professionally qualified. Of the remaining 12,000, more than 4,000 have the requisite 10 years or more experience.


Participating students at the KPMG office

CPA AUSTRALIA UNDERGRADUATE CONFERENCE

CPA Australia’s Student Charter in Swinburne University, Sarawak organised an undergraduate conference with 100 participants from Swinburne University. The theme of the conference was “Power of the Past – Forces of the Future”. The conference welcomed two speakers; Roy Tan from Mind Power, and David Nelson, the author of The New Generation of Leadership.

Held on 10 May, participants flooded the floor with questions on the evolution of the human mind,

the power of building experience and how to become a force of the future.

Roy Tan from Mind Power specialises in the area of coaching and self-discovery. He has spoken to over 300 organisations of various sizes and industries and to over 10,000 people from various backgrounds. David Nelson, a Nigerian national from Nilai University, is also active in several youth development and entrepreneurship programs in Nigeria and Malaysia. David Nelson addressing the participants

STUDENT CHARTER INDUSTRIAL VISITS

CPA Australia’s Student Charters organised two industrial visits for Swinburne University and Curtin University students, respectively in June and July. Forty students had the chance to visit some of the biggest and well known organisations in Malaysia to learn about the operational aspects of the companies.

The visits were aimed at providing a holistic exposure to the various industries and the career opportunities within. Representatives from the companies made time to speak to

the students about their businesses in addition to giving guided tours of their respective premises. Additionally, some companies also facilitated interested students to submit their resumes.

The students were impressed with CPA Australia’s strong relationship with the organisations that included the Big 4 accounting firms, Bank Rakyat, CIMB, TCRS Restaurant Sdn Bhd and Maxis.

CPA AUSTRALIA UNDERGRADUATE CONFERENCE

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JOHOR CHARITY EVENT

CPA Australia members from Johor took time to spread some joy to the children of Care Haven Home. Fifteen children were taken on a fun-filled trip to Hello Kitty Town and Little Big Club in Johor Bahru on 5 July.

Children riding the Hello Kitty tea-cups

Established in 2003, Care Haven Home is an organisation that provides care, assisted-upbringing as well as full-lodging services for less fortunate children.

Ng Wai Heng giving detailed insights on the impact of GST implementation

EVENING TALK – GST PRACTICAL SYSTEMS AND PROCESS IMPLICATIONS

An overwhelming response to the 13 August evening talk on ”GST Practical Systems and Process Implications”, resulted in a repeat session the following day. Over 160 people attended the sessions over both days.

Paul Drum, CPA Australia’s Head of Policy spoke on the impact of GST on businesses. He gave an introductory lesson on what businesses needed to do to prepare themselves.

This included preparing a GST implementation plan and how businesses could incorporate the effect of GST into their cash flow forecasting.

The second speaker, Ng Wai Heng, PwC Malaysia’s Executive Director in Technology Practice, gave a detailed insight on the significance and impact of GST on systems and processes.


MEMBER RECOGNITION EVENINGS

CPA Australia celebrated members in several locations with its annual Member Recognition Evening (MRE).

A record 170 people attended the MRE at the Kuala Lumpur Golf and Country Club on 6 May. Members proudly received their 10 – 50 year pins witnessed by their families. Also recognised were members who had attained CPA and FCPA status.

Peter Wong Kam Yen, CPA Australia’s longest serving member in Asia, was also presented with a certificate celebrating his 75 years of membership. Peter received a standing ovation from the audience.

MREs were also held in Johor, Kuching, Miri, Ipoh and Penang between August and November with good member turnouts.

Alex Ooi, Divisional President and Penny Egan, President handing the award to Peter Wong

Johor members strike a pose Members at the MRE in Penang

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CURTIN-CPA AUSTRALIA ENTREPRENEURSHIP CHALLENGE 2014

Winners of the Curtin-CPA Australia Entrepreneurship Challenge 2014

The Curtin-CPA Australia Entrepreneurship Challenge 2014 was held from 22 August to 20 September at Curtin University Sarawak, Malaysia.

Five teams were shortlisted from 20 entries. The selected teams had to pitch their business ideas to secure business seed funding. The grand finale was held on 20 September to coincide with Curtin’s Open Day. Each team had to set up a business booth to showcase its business model including its products and services.

The winning team was selected by a

panel of esteemed judges who took into consideration the best pitch, business profitability and the number of Facebook likes.

The grand prize winner walked away with RM2,800 in cash, while the second and third place winners received cash prizes amounting to RM1,200 and RM500 respectively. Other categories included the People’s Choice Award, based on the highest number of Facebook likes, where the winner took home a RM500 cash prize.

CPA AUSTRALIA ACCOUNTING BOOT CAMP 2014 – CGPA 4.0 IS NOT EVERYTHING

Student Charters from Monash University Sunway Campus, Sunway University, and Taylor’s University College jointly organised the CPA Australia Accounting Boot Camp 2014 on 24 September at Monash University.

With the theme, ‘CGPA 4.0 is not everything’, the boot camp saw 100 attendees participating in a 20-minute accounting quiz, followed by an hour-long forum. In keeping with the theme, the forum focused on the

need to manage academic studies with extracurricular activities.

Speakers Geetha Kanny, CPA Australia’s Regional Manager - Education and Sabrina Lai, HP Malaysia’s Financial Analyst also provided an in-depth explanation on corporate interview process and employer expectation.

Participants of the CPA Australia Accounting Bootcamp


CPA CONGRESS 2014 – LEADERSHIP. STRATEGY. BUSINESS.

“Best conference we have ever attended, interesting topics, bold speakers, that’s how a conference should be,” were some of the immediate feedback received at the close of CPA Congress 2014. With the theme ‘Leadership. Strategy. Business’, the tightly packed congress with 22 speakers across 3 plenary sessions, 2 business forums, a GST master class and a special session on Feng Shui, was certainly the right platform for stimulating conversations and provoking debates. Over 250 delegates attended the congress on 9 September at The Gardens Hotel & Residences in Kuala Lumpur.

Plenary 1 “The Evolving Media Landscape – Broadening The Outreach and Making an Impact” had Umapagan Ampikaipakan, BFM 89.9’s effervescent presenter moderating the session with heavy weight panellists Dato’ Amrin Awaluddin, Group Managing Director of Media Prima Berhad; Datuk Seri Wong Chun Wai, Group Managing Director and Chief Executive Officer of The Star Media Group; and Premesh Chandran, Chief Executive Officer of Malaysiakini.com.

The panel discussed the tremendous changes in the media landscape and how businesses could make the most of new opportunities, as well as explore the next generation of shapers and influencers in media. Dato’ Amrin and Datuk Seri Wong provided their input on the current evolution of print media, while Premesh drove home the importance of businesses having an online presence.

Ho Kay Tat, Group Chief Executive Officer and Publisher of The Edge Media Group moderated the second plenary which featured Ashok Ramamurthy, Group Managing Director of AmBank Group; Associate Professor Brian Low, Head of Discipline – Marketing in Monash University Malaysia; and Datuk I.G Chandran, Director – Forensic Division of the Malaysian Anti-Corruption Commission (MACC).

The panel focused on the evolving economy and how it is driving competitive change in the professional world. Panellists shared their thoughts on current changes in the market, and how their respective industries adapted to these changes.

Datuk Seri Wong Chun Wai addressing issues about the print media

Full house at the CPA Congress 2014 From left to right - Ho Kay Tat, Ashok Ramamurthy, Associate Professor Brian Low and Datuk I.G. Chandran

With the implementation of the Goods and Services Tax in 2015, David Lai, Head of Tax Advisory and Executive Director of BDO Malaysia and Dr. Veerinderjeet Singh, Chairman of Taxand Malaysia both provided invaluable input on current transitional issues, business readiness, legislative requirements, and the future outlook of GST. While David spoke on the practical challenges and opportunities from the implementation of GST, Dr Veerinderjeet provided a holistic view leading to year 2020.

Rounding off the first half of the day was the Leadership Forum, “Entrepreneurship – Intuition or Strong Fundamentals” featuring Afzal Abdul Rahim, Chief Executive Officer of TIME dotcom Berhad and Sharan Valiram, Executive Director of the Valiram Group that has some of the biggest names in luxury and lifestyle brands under its belt. The exuberant Karamjit Singh, Chief Executive Officer and Founder of Digital

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News Asia moderated the session in his trademark laidback style. The humorous banter between Afzal and Karamjit was clearly infectious as Sharan joined in and injected sharp wit into the discussions. The audience roared its approval as they reacted to the humour amidst gems of wisdom that the two entrepreneurs shared.

The business forum continued after lunch with Penny Egan, President of CPA Australia moderating panellists Sridharan Nair, Managing Partner of PwC Malaysia; Tan Theng Hooi, Country Managing Partner of Deloitte Malaysia; Tai Lai Kok, Executive Director of KPMG Malaysia and Yeo Eng Ping, Tax Leader from EY Malaysia.

The business forum, aptly titled ‘The future developments of the accounting profession’ covered the ever changing business environment and how accounting firms needed to evolve to meet the needs of the industry.

The final plenary session shone the spotlight on women in the driver’s seat. Tan Sri Rafidah Aziz, Chairman of AirAsia X and a former Federal Minister did not disappoint as she, along with fellow panellists YB Nancy Shukri, Minister in the Prime Minister’s Department and Cheryl Yeoh, Chief Executive Officer of Malaysian Global Innovation and Creativity Centre (MaGIC), had an adrenalin-filled session that questioned the need to have quotas for women on boards

when women have proven time and time again that they have the ability to lead without the need for special concession. Meera Sivasothy, BFM89.9 presenter and producer, moderated the session.

Congress closed with Dato’ Joey Yap’s sharp take on Chinese metaphysics being a contrast to the earlier sessions. Dato’ Joey, who is the Chief Consultant of the Joey Yap Consulting Group, specialises in unconventional methods to maximise personal strength and hidden potential to achieve happiness and better success in life. Dato Joey is a much sought after speaker and his session was very well received.

From left to right - Penny Egan, Sridharan Nair, Tai Lai Kok, Tan Theng Hooi and Yeo Eng Ping

From left to right - Meera Sivasothy, Cheryl Yeoh, Tan Sri Rafidah Aziz and YB Nancy Shukri

Dato’ Joey Yap explaining how Chinese metaphysics could help businesses


CPA AUSTRALIA GUIDES REPURPOSED FOR MALAYSIAN CONSUMPTION

CPA Australia’s Guide to Understanding Annual Reports: Listed companies and Guide to Understanding Auditing and Assurance: Listed companies have been repurposed for Malaysian listed companies with the contribution and collaborative input of the Malaysian Institute of Accountants (MIA).

The guides, which are available free online, are intended to help existing as well as prospective investors and users of financial statement make better informed investment decisions.

The guides will help less experienced investors to build the financial literacy skills they need to become more active and engaged shareholders. With the right guidance and a little bit of knowledge, they can be quick and easy to demystify and reveal a heap of information not readily interpreted at first glance.

The Guide to Understanding Annual Reports: Listed companies, provides an explanatory overview of annual reports, financial statements, analytical tools as well as a glossary of financial terminology. This is particularly relevant during company reporting season when investors are reviewing their investment and making decisions based on their ability to read what’s behind the numbers.

From left to right - Amir Ghandar, Nik Mohd Hasyudeen, Wong Kay Yong, Chong Chee Fern and Sukanta Dutt

The Guide to Understanding Auditing and Assurance: Listed companies, is an important financial literacy initiative, providing much-needed clarification around audits. It is a simple, plain language guide for shareholders who are not experts in auditing and assurance to better understand information they receive from auditors about their companies.

In particular, the key benefits for shareholders from reading The Guide to Understanding Auditing and Assurance include an overview of what auditing and assurance mean; the difference between an audit and a review; how to tell if an auditor’s report is “clean” or contains a qualification; explanation of an auditor’s role in respect to fraud and growing concern’ and illustrative sample audit and review reports with plain language explanation.

In conjunction with the launching of the Guides, a panel session was held on 30 September to discuss stakeholders expectation of audit’. CPA Australia’s Policy Adviser for Audit Assurance - External Positioning, Amir Ghandar, who was heavily involved in the production of the Guide to Understanding Auditing and Assurance, moderated the session that included panellists Chong Chee Fern, General Manager

(Corporate Monitoring) of the Minority Shareholder Watchdog Group, Sukanta Dutt, Managing Partner of Global Risk Management Infrastructure, EY Malaysia, and Wong Kay Yong, Executive President or Corporate Surveillance and Governance, Bursa Malaysia.

The panel focused on the gap between stakeholder expectation and what an audit actually entails, an issue that has plagued capital markets for years. Often bubbling into prominence when something goes wrong, for instance, a corporate fraud or collapse, the core of this expectation remains.

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CORPORATE VISITS TO MEDIA PRIMA BERHAD AND VITAGEN PLANT

Not everyone gets the opportunity to visit one of the biggest media houses in the nation. The Young Professionals Network (YPN) organised a special visit to Media Prima Berhad on 16 April where 27 lucky members had the chance to explore and learn about the operations and on-goings in a media house. Media Prima Berhad’s Chief Financial Officer, Ariff Ibrahim

shared the operations of the company and the synergy among departments to produce some of the local favourite movies and tele-series. Members also had the opportunity to visit the radio and news studios where they got to see firsthand how producers and studio managers worked to produce news segments and programs.

LIBRARY PROJECT BY THE YPN

One of the highlights of the year for the Young Professionals Network (YPN) was the library project for indigenous children homed in The Ace Lighthouse Academy in the outskirts of Bentong, Pahang. The project involved a book donation drive that saw generous members, CPA Australia staff and other individuals coming forward with books and educational toys worth over RM4,000 for the 40 children ranging from pre-schoolers to teenagers.

On 1 November, 33 members travelled to the Academy to help set up and populate the library with the donated books and educational toys. Members played games and other activities with the children residing in the home.

The Academy is just one of the many centres in Malaysia that houses and educates indigenous children. It is maintained by Living Hope, a foundation that reaches out to marginalised children globally. YPN members spending time with the children

On 20 August, 42 members got the opportunity to see how cultured drinks were made at the Vitagen plant in Petaling Jaya. Members were treated to a private tour of the production plant where they observed the meticulous process involved in producing one of Malaysia’s leading health drinks. Vitagen has been a household name in Malaysia for over 30 years and still remains popular.


LAUNCH OF THE NAKED CEO – THE TRUTH YOU NEED TO BUILD A BIG LIFE

Since the launch of CPA Australia’s online mentoring community, the nakedceo.com has generated over two million visits and has seen CPA Australia’s Chief Executive Officer, Alex Malley personally video-respond to over a thousand career-related questions, as well as countless more live questions from students during university visits.

Wiley, a global publishing company contacted Alex in 2013, to write a book based on his work on the nakedceo.com. The result of that was the launch of the book ,’The Naked CEO - The truth you need to build a big life’.

Priya Terumalay presenting The Naked CEO book to Dato’ Sri Mohd Najib

COUNCIL AND COMMITTEE APPRECIATION DINNER

CPA Australia thanked the 2014 Malaysia division councillors and committee members at a special dinner on 13 November.

Teresa Chong, Deputy President and CPA Congress committee chairman along with Sharman Arumugam, council member and CPA Congress committee member received the Malaysia Division President’s Award for Excellence – Service and Leadership for their outstanding support to CPA Congress 2014.

Outgoing Divisional President Alex Ooi, and outgoing council members Josephine Phan, Dr. Edward Lim and Shaun Lee were presented with a token of appreciation for their support and commitment to CPA Australia.

Additionally, Shaun Lee also received a surprise birthday cake as council and committee members helped celebrate the occasion.

Priya Terumalay, General Manager of CPA Australia presenting a token of appreciation to Alex Ooi

Since then, The Naked CEO book has won an impressive series of awards and even took the number one spot in the entire business category of amazon.com.au. A copy of the book was hand-gifted to the Honourable Prime Minister of Malaysia, Dato’ Sri Mohd Najib Tun Haji Razak, by CPA Australia’s General Manager, Priya Terumalay at the MIA International Accountants Conference 2014.

The book is currently sold in print, e-book and audible format via 35 stocklists globally, including all major chains such as Kinokuniya, MPH, Booktopia, Book Depository and Barnes and Noble.

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RUN FOR HOPE

In conjunction with the International Accountants’ Day which falls annually on 10 November, CPA Australia sponsored a charity run organised by the Sunway University Business Concillium. The event was held on 16 November.

In light of the events endured by Malaysia in 2014, the run was organised to remind people to remain hopeful of better things to come for the country, and that there is a time to mourn, and a time to celebrate together as a nation.

In tandem with the run’s theme of ‘Hope’, handprint marks were placed on the back of runners’ jerseys by

designated volunteers as each participant passed the kilometre checkpoints,

CPA Australia members joined university students and members of the public to run for hope. More than 1,200 runners joined the event raising over RM20,000, for the Mother Teresa Reading Shelter in Ipoh, Perak and the Klang Utama Caring Home in Klang, Selangor.

The Mother Teresa Reading Shelter provides a reading shelter for stateless children, while the Klang Utama Caring Home is an orphanage that houses 41 children between 8 to 21 years old.

YEAR-END NETWORKING EVENT

A tongue-in-cheek session on the application of Chinese and Western astrology was organised by CPA Australia on 4 December as a year-end treat for members. The event broadly introduced ephemerical analysis and metaphysical science, pseudoscientific or otherwise, towards forming anticipations for the year of the Goat.

Speaker David Meow, who emphasised the application of Chinese metaphysics into businesses, is a consultant and trainer in the financial markets, as well as an enthusiast in Metaphysics.

David covered a broad range of topics for the 2015 market outlook including the five arts of Chinese Metaphysics, a brief introduction on the five elements; Wood, Fire, Water, Metal and Earth, and ended with the Western Ephemerical Analysis.

Participants were captivated by David’s invaluable advice

Run For Hope participants


MALAYSIA DIVISIONAL COUNCIL 2015

CPA Australia is proud to introduce the 2015 Malaysia Divisional Councillors: :

PRESIDENTWong Chin Aik FCPA (Aust.)

DEPUTY PRESIDENTSTeresa Chong Dee Shiang FCPA (Aust.)

Datuk (Dr) Hj Mustafha Hj Abd Razak, FCPA (Aust.)

COUNCILLORSDr Angelina Yee Seow Voon CPA (Aust.)

Tan Lay Keng CPA (Aust.)*

Jagdev Singh FCPA (Aust.)*

Jimmy Lai Can Yiew FCPA (Aust.)*

Dato’ Feizal Mustapha CPA (Aust.)*

Gabriel Teo Chun FCPA (Aust.)

Nadzirah Abdul Rashid FCPA (Aust.)

Sharman Arumugam CPA (Aust.)

Gark Chee Jin FCPA (Aust.)

*New council members

Jimmy has over 20 years of experience in the financial advisory and assurance services, and has been a Partner with Deloitte Malaysia for more than 10 years. He has also been involved in the audits of local subsidiaries of large multinational corporations and public listed companies in various industries.

Jimmy’s experience also includes leading assignments related to outsource internal audits, initial public offerings, corporate restructuring, mergers and acquisitions, due diligence, valuation and financial modelling.

Lay Keng is a Partner and Practice Leader of EY’s Human Capital practice in Malaysia with over 25 years of professional experience in corporate and personal taxation. Her experience covers a wide range of industries including oil and gas, telecommunications, technology, professional services, financial services, manufacturing, trading and real estate.

Jagdev has extensive experience in handling a vast variety of transfer pricing and corporate tax assignments including two years on assignment in London. He specialises in assisting multinational companies and local conglomerates with corporate international tax planning, transfer pricing, tax audits and investigations. Jagdev currently heads the tax practice of PwC Malaysia.

Based in Kuala Lumpur, Dato’ Feizal undertakes advisory work on capital market transactions, focusing on initial public offerings, reverse take-overs and backdoor listings, acquisitions and divestment, and capital structuring.

Currently a member of the Listing Committee of Bursa Malaysia, he brings with him a wealth of regulatory experience, having been with the Securities Commission Malaysia for 19 years serving in various capacities and in various regulatory and developmental functions.

JIMMY LAI CAN YIEW FCPA (Aust.)

TAN LAY KENG CPA (Aust.)

JAGDEV SINGH FCPA (Aust.)

DATO’ FEIZAL MUSTAPHA CPA (Aust.)

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MALAYSIA DIVISIONAL COUNCIL 2014

Dr Edward Lim FCPA (Aust.)

Alex Ooi Thiam Poh FCPA (Aust.)

PRESIDENT

Teresa Chong Dee Shiang FCPA (Aust.)

DEPUTY PRESIDENT

Wong Chin Aik FCPA (Aust.)

DEPUTY PRESIDENT

COUNCILLOR


COUNCILLOR

Josephine Phan Su Han FCPA (Aust.)

COUNCILLOR

Dr Angelina Yee Seow Voon CPA (Aust.)

COUNCILLOR


COUNCILLOR

Sharman Arumugam CPA (Aust.)

COUNCILLOR

Gark Chee Jin FCPA (Aust.)

COUNCILLOR

Datuk Dr. Hj Mustafha Hj Abdul Razak FCPA (Aust.)

COUNCILLOR

Shaun Lee Chong Leng CPA (Aust.)

COUNCILLOR

CPA Australia is deeply grateful to the 2014 Malaysia Divisional councillors for their invaluable support and contribution to the division.


2014 DIVISIONAL COMMITTEES

CORPORATE AND ‘GROWING BUSINESS’

CHAIRMAN Wong Chin Aik FCPA (Aust.)

DEPUTY CHAIRMAN Dr. Edward Lim FCPA (Aust.)

MEMBER Khairudin Ibrahim CPA (Aust.)

Eugene Chew Keng Jin CPA (Aust.)

Michael Wong Onn Chung FCPA (Aust.)

Dr. Angelina Yee Seow Voon CPA (Aust.)


Graham Thomas Grant FCPA (Aust.)

Ravindran Navaratnam FCPA (Aust.)

CPA CONGRESS

CHAIRMAN Teresa Chong Dee Shiang FCPA (Aust.)

MEMBERSharman Arumugam CPA (Aust.)

PUBLIC PRACTICE

CHAIRMANJosephine Phan Su Han FCPA (Aust.)

MEMBER Terence Tan Shium Jye CPA (Aust.)

Jagdev Singh Ragbir Singh FCPA (Aust.)


Fan Kah Seong FCPA (Aust.)

Andrew Heng CPA (Aust.)

Lam Kee Soon FCPA (Aust.)

Samuel Lai Chung En CPA (Aust.)

Khairudin Ibrahim CPA (Aust.)

Shaun Lee Chong Leng CPA (Aust.)

Jimmy Lai Can Yiew FCPA (Aust.)

CPA Australia also acknowledges and thanks the 2014 divisional committee members for their commitment, ideas and support which led to the success of the division’s activities.

22 MALAYSIA

YOUNG PROFESSIONALS NETWORK (YPN)

CHAIRMAN Shaun Lee Chong Leng CPA (Aust.)

DEPUTY CHAIRMANDatuk Dr. Hj. Mustafha Hj. Abdul

Razak FCPA (Aust.)

MEMBERAlvin Wong Weng Foong CPA (Aust.)

Chew Chui Li CPA (Aust.)

Chew Yue Heng CPA (Aust.)

Chloe Ng Xin-Yi ASA (Aust.)

Chong Ee-Feng CPA (Aust.)

Kee Joo Yee CPA (Aust.)

Khoo Kean Loong CPA (Aust.)

Lim May Lee CPA (Aust.)

Nicholas Leong Kok Tuck ASA (Aust.)

Ooi Ken-Jee ASA (Aust.)

Shannon Lee Yin Hoong CPA (Aust.)

Zen Chow Tuck Him CPA (Aust.)


cpaaustralia.com.au

2O14 YEAR IN REVIEW - CPA Australia/media/corporate/... · A total of forty students from INTI...

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