Strong And Trusted Accountancy Profession Key To Moving Malaysian Businesses Up The Value Chain, Says Deputy Minister Of Finance Yb Liew Chin Tong

KUALA LUMPUR, Oct 27 (Bernama) -- As Malaysia seeks to move into higher-value economic activities, the accountancy profession is central to helping businesses strengthen financial management, governance and risk oversight, and make better-informed strategic decisions.

“Moving up the value chain requires businesses to allocate capital effectively, manage risks, strengthen governance and make informed decisions about growth. Accountancy professionals play an important role by supporting reliable financial information, sound governance and accountability. These are essential to building the trust that enables businesses to attract investment, pursue higher-value opportunities and compete effectively. Trust is the profession’s foundation and a competitive advantage for Malaysia,” said Deputy Minister of Finance YB Liew Chin Tong during a courtesy visit to the headquarters of the Malaysian Institute of Accountants (MIA) in Bangsar South, where he engaged with MIA leadership on the role of the profession in governance and nation building.