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Essential Guide

Your guide to become an Accountant in Malaysia

Average Salary
15,000 - 20,000

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About this career
Pros & Cons
Requirements
Nature of the Job
Career

Who is an Accountant

An Accountant manages all areas of financial matters in a company such as handling cashflow, budgeting, taxation, recording transactions, and advising top management.

A career in Accounting means you will be in charge of inspecting and analysing the monetary data of a client (a company, organisation or individual) for consultation, taxpaying and auditing purposes. The job scope of an Accountant will be to review and manage the company’s financial documents, produce and submit tax documents, determine financial operations and recommend better economic efficiency, as well as the daily operations of funds.

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The pros and cons of being an Accountant

Pros

There is great potential for growth in this field. Accountants made it to the Critical Occupations List 2016/17 and this means they are in demand. You will move up the ranks once you have gained sufficient experience.
There is great potential for growth in this field. Accountants made it to the Critical Occupations List 2016/17 and this means they are in demand. You will move up the ranks once you have gained sufficient experience.
There is great potential for growth in this field. Accountants made it to the Critical Occupations List 2016/17 and this means they are in demand. You will move up the ranks once you have gained sufficient experience.

Cons

As A-Levels is 100% exam based, it is meant for students who test well. If you’re the type who thrives during the otherwise tense, sweat-inducing period known as exam week, almost welcoming it, then A-Levels is for you.
While A-Levels is still accepted by a handful of IPTAs here in Malaysia, A-Levels is catered to those who intend to continue their studies overseas. Almost every country in the world will accept it, and with competition to study abroad becoming limited, you will be in pole position to race ahead of the chasing pack.
Courses such as Medicine, Pharmacy, Engineering and the like are always popular, with only a handful of students ever being given admittance. Doing well in A-Levels will give you the best possible chance to reach for the stars and make your dreams come true.

What are all the responsibilities of an Accountant ?

Provide financial advice
Assess the reliability of financial information
Assess risks of a company’s financial system
Liaise with clients

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Incase of any queries

What skills do you need to become an Accountant?

A love for numbers

A career in Accounting is no joke. You will have to face numbers every single day, learn up formulas on excel and other accounting softwares. If you’re one that never gets tired of calculation and don’t mind spending the rest of your life doing that, then this one’s for you!

Time management skills

As mentioned before, an Accountant will have a heavy workload. As such, you’ll need to manage your time wisely to avoid delaying your deadline or cause others to complete later than expected. You might have to work over-time, depending on your time management skills.

Problem solving skills

Have you always loved watching mystery movies, solving puzzles or riddles? Were you one of the first ones to solve it or figure something is wrong? A career in Accounting would require you to have problem solving skills as the accounts will not always tally. Yes, this also means you need to have a sharp eye to notice any errors.

What field(s) of study should you choose to become an Accountant?

Accounting
MICPA
CIMA
ACCA

What are the requirements to be an Accountant?

A diploma, CAT or LCCI qualifications would be fine but it would be best to complete a Bachelor’s Degree, ACCA, MICPA, ICAEW or CIMA qualifications to receive a better salary and job prospects.

What are the working hours of an Accountant

Work hours are standard office hours, but it would be based upon how much work is left, and it would increase during critical periods such as the end and beginning of every year.

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