Skip to content

Section 15

Membership as chartered accountants

of Accountants Act 1967

ActIn forceProvision 15 of 37
Section 15

An applicant shall, before admission as a chartered accountant, satisfy the Council that—

(a)

he has passed any of the final examinations specified in

Part I of the First Schedule and has not less than three years’

practical accounting experience in the service of a chartered accountant or in a Government department, bank, insurance company, local authority or other commercial, financial, industrial or professional organization or other undertaking approved by the Council;

(b)

he is a member of any of the recognized bodies specified in

Part II of the First Schedule;

(c)

he is eligible to sit for and has passed the Malaysian

Institute of Accountants Qualifying Examination and has not less than three years’ practical accounting experience in the service of a chartered accountant or in a Government

Accountants 19

department, bank, insurance company, local authority or other commercial, financial, industrial or professional organization or other undertaking approved by the Council;

or

(d)

he has authority under subsections 8(2) and (6) of the

*Companies Act 1965 [Act 125] to act as a company auditor without limitation or conditions.