Selangor and the Wilayah Persekutuan Kuala Lumpur Federal Territory have the largest concentration of MIA membership with 13,125 and 7,351 members respectively.
In addition Certified members of the ICIA (deemed to be the equivalent of an Australian bachelor's degree), having completed all the required ICIA professional exams and the required 3 years’ Practical Training with an approved training organization are eligible to be admitted as a full member (MIPA) of the IPA.
[3] Some of the institution of higher learnings also offer programmes leading towards attaining professional accountancy qualifications such as ACCA, CIMA, ICAEW, CPA Australia and MICPA.
[5] The MASB had announced the effort to bring Malaysia to be in full convergence with the International Financial Reporting Standards (IFRS) by 2012.
MPERS is based substantially on the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) issued by the IASB in July 2009.