Thursday, October 20, 2016

Leadership Talk Series at AKEPT

The one-day 6th AKEPT Leadership Talk Series 2016 was successfully held today at the Higher Education Leadership Academy campus in Bandar Enstek. About two hundred participants comprising academic leaders attended the event.  Some interesting programs of the Talk Series included two key-note speeches.  The first talk titled Transformative Higher Education Leadership: Anticipating the Game Changer was delivered by YBhg. Datuk Ir. (Dr) Abdul Rahim Hashim, Vice Chancellor Universiti Teknologi PETRONAS.  This session was moderated by YBrs. Prof. Madya Dr. Mohd Rushdan Mohd Jailani, Deputy Director Centre for Academic Leadership, AKEPT.  The second talk titled Shaping Higher Education for 21st Century was delivered by YBhg. Prof. Datuk Dr. Noor Azlan Ghazali, Vice Chancellor Universiti Kebangsaan Malaysia.  YBrs. Prof. Madya Dr. Zafir Khan Mohamed Makhbul, Deputy Director Centre for Knowledge Circle, AKEPT moderated the session. The afternoon session was a forum titled Leadership by Design: Strengthening Integrity in Higher Education.  The forum was moderated by YBhg. Prof. Dato’ Noor Aziah Mohd Awal, Deputy Vice Chancellor (Student & Alumni Affairs) Universiti Kebangsaan Malaysia (UKM).  

Four panelists tasked to discuss the topic included (1)  Prof. Dr. Zulkiple Abd Ghani, Deputy Vice Chancellor (Academic & International) Universiti Sains Islam Malaysia, (2) YBhg. Prof. Emeritus Dr. Tengku Mohd Tengku Sembok, Deputy Vice Chancellor (Academic & International) Universiti Pertahanan Nasional    Malaysia, (3) YBhg. Prof. Dr. Yang Farina Abdul Aziz, Professor, FASc FMIC Faculty of Science and Technology Universiti Kebangsaan Malaysia and (4) YBhg. Prof. Dr. Normah Omar, Director Accounting Research Institute (ARI) Universiti Teknologi MARA.  Following the Forum was a speech by YB Dato’ Seri Idris Jusoh, Minister of Higher Education.  The session was moderated by YBhg. Tan Sri Dato’ Dr. Wan Mohd Zahid Mohd  Noordin Chairman, Board of Advisors Higher Education Leadership Academy (AKEPT). This was followed by a dialogue between the minister and the participants.  The day's event were concluded with the launching of AKEPT's Leadership book series by the minister.  Congratulations AKEPT for providing a great platform to train and nurture future leaders for Malaysia's Higher Education sector.

Tuesday, October 18, 2016


The Accounting Research Institute (ARI) of Universiti Teknologi MARA, in collaboration with the Philippine Association of Islamic Accountants (PAIA),  International Council of Islamic Finance Educators (ICIFE), Southeast Asian Islamic Chamber of Commerce & Industry, Inc. (SAICCI) and Philippine Institute of Certified Public Accountants (PICPA ) Cagayan de Oro - Misamis Oriental Chapter are co-organising the 2nd International Conference on Islamic Economics and Finance on February 16, 17 & 18, 2017 at the Manila Hotel, Philippines.
 Themed "Human Capital Development in the Islamic Finance Industry", the Conference will provide a platform for dialogue and discussions between policymakers, academics, researchers, graduate students, and practitioners to address the problems of poverty alleviation, inclusive economic growth, macroeconomic stability from the perspective of the Islamic Economics and Finance discipline, and developing human capital & thought leadership to support the development of Islamic finance. The Conference shall also address the role of Islamic financial institutions, capital markets, and the social sector in promoting strong growth, enhanced financial inclusion, and intermediation, reducing risks and vulnerability of the poor and more broadly contributing to financial stability and development. Scope and areas of interest for the conference include (i) ISLAMIC ECONOMICS, (ii) KNOWLEDGE ECONOMY AND ENTREPRENEURSHIP DEVELOPMENT NEXUS, (iii) ACCESS TO FINANCIAL SERVICES AND INCLUSIVE FINANCIAL SECTOR DEVELOPMENT, (iv) ISLAMIC FINANCE AND SUSTAINABLE DEVELOPMENT, (v) INVESTING IN HUMAN CAPITAL.  Those interested to participate in the conference are encouraged to send their abstracts to the following individuals:  (1).; (2); or; and (3)

Sunday, October 16, 2016

ARI@UiTM-STAR International Collaboration

The Accounting Research Institute (ARI HICoE) of Universiti Teknologi MARA has been selected by the Badan Pengawasan Keuangan dan Pembangunan (BPKP) of Indonesia to organize and conduct a one-week public sector training and research program for its State Accountability Revitalization Project (STAR) program. Twenty six selected participants were chosen for the program at ARI. They were from among the best recent graduates who undertook Masters Programs at universities in Indonesia.  STAR is an activity initiated by the Government of Indonesia in support of reform in the field of financial management and audit within the public sector.  The training program is funded by the Asian Development Bank (ADB) through a special loan. Whilst in Malaysia, the participants were exposed to several training programs involving various government agencies and public sector departments. Working visits to the Malaysian Institute of Integrity (IIM), Malaysian Anti-Corruption Commission (SPRM), Auditor General Office were arranged.  Participants received first-hand information from officers of these agencies about government initiatives to transform the Malaysian public sector.  As a Higher Institutions' Centre of Excellence (HICoE), 

ARI also shared with participants its niche research agenda in Islamic Financial Criminology.  They participated in a laboratory-style usage of ARI's polygraph machines.  ARI also invited speakers to talk on financial criminology and anti-money laundering as possible research topics that participants can embark for their PhD program.  As part of ARI-BPKP research collaboration, participants shared their research projects with ARI members and post-graduate students for possible comparative study analysis.  ARI thanks Professor Dr Nafsiah Mohammed for initiating the networking collaboration with BPKP during her visits to Indonesia last year. 

Friday, October 14, 2016

UiTM Celebrates its 60th Anniversary and Going Stronger

2016 marks the 60th anniversary of Universiti Teknologi MARA or more fondly known as UiTM as a reputable institution of higher learning. The university started in 1956 with the founding of Dewan Latehan RIDA.  In June 1965, Dewan Latehan RIDA was changed to Maktab MARA. Then, on 14 October 1967, another name change took place when Maktab MARA was officially changed to Institut Teknologi MARA (ITM) after the foundation stone was placed by Tun Abdul Razak.  ITM’s name was once again changed on 26 August 1999. The then Prime Minister, Tun Dr Mahathir Mohamad announced the name change to Universiti Teknologi MARA (UiTM).
Today, UiTM celebrates the pinnacle of its 60th anniversary celebration with Datuk Seri Najib Razak, Malaysia Prime Minister officiating the 60th Anniversary Celebration Ceremony at the Dewan Agung Tuanku Canselor. Through his opening speech, the Prime Minister expressed his pride in UiTM’s commitment and its significant contribution towards the economic development of the Malays/Bumiputera and the socio-economic landscape of the country. Also present at the opening was Education Minister Datuk Seri Idris Jusoh, Ministry of Higher Education Secretary General Tan Sri Dr. Noorul Ainur, UiTM Vice Chancellor Dato’ Seri Dr Hassan Said, as well as board members, staff, students and alumni of the university.  It was indeed a joyous moment for all of us at UiTM.  UiTM remains focus to its original aim of providing professional training, nurturing talents and producing quality Bumiputera graduates. 

Saturday, October 8, 2016

APMAA Conference 2016 - Another Successful International Collaboration

The Asia Pacific Management Accounting Association (APMAA) was formed in 2004 in Japan with the hope of providing a strategic platform where academia and practitioners can come together to discuss and promote management accounting as a strategic business tool.
 Since its inception with four founding member countries (Japan, Thailand, Malaysia and Singapore), APMAA is now supported by other country researchers from China, Indonesia, Taiwan, New Zealand, Australia, Poland, Sweden, Canada, USA, Nigeria and Korea.  ARI director, Professor Dr Normah Omar was the APMAA President for the 2015 calendar year and now a Deputy Chairman of this association which is based and headquartered in Japan.  This year's conference is hosted by National Taipei University.
The next four years, it will be hosted respectively by Shanghai Jao Tong University (2017), Osaka University (2018), Qatar University (2019) and Universiti Teknologi MARA (2020).  In tandem with APMAA 's basic aim of providing a strategic platform to showcase and promote management accounting as a strategic business tool, the conference is arranged into various segmentsa.  On the first day is usually an annual business meeting among country representatives with APMAA Board of Directors.  It is during such session that issues are raised and decisions are made with respect activities to promote APMAA.  Country representatives will make suggestions on matters related to research and publication collaborations between members.  Future hosts of APMAA conferences will also make their presentations, proposing the what, where, why and how of future APMAA conference.  Following the business meeting is the PhD colloquium where PhD students present their PhD works and obtain feedback from international professors.
Welcome reception dinner cum networking session is also held. The next two days will be the conference proper.  A Gala dinner is held on the second day where appreciation speeches are given by previous, current and forthcoming years hosts.  The conference is divided into (i) keynote speeches by practitioners and renowned academics, (ii) Panel discussions (industry leaders and professors), parallel sessions where researchers present their papers.    The interesting aspect of the paper presentation is the appointment of discussants to review and discuss the papers.  Each paper is presented and discussed within a 30-minite time frame.  Selected papers will be published in APMAA journal - Asia Pacific Management Accountiing Journal (APMAJ). The final segment of the conference usually comprises site visit and factory tours.

Thursday, October 6, 2016

Congratulations Professor Dr Faizah Darus

Congratulations are in order for the newly promoted Dr Faizah Darus to a full professor. She received her promotion letter later from the vice chancellor, Emeritus Dato' Dr Hassan Said at his office today.  Currently, Professor Dr Faizah is a research fellow at the Accounting Research Institute (ARI) and heading the Asia-Pacific Centre for Sustainability Research. Professor Faizah's research interests are in the areas of Sustainability Reporting and Corporate Waqaf Governance. Congratulations and well done..

Friday, September 30, 2016

ARI@UiTM Wins Big at GIFA 2016

It was indeed a jubilant evening for all of us at the Fairmont Hotel in Jakarta, Indonesia, the venue for the Gala Dinner and awards ceremony for the Global Islamic Finance Awards (GIFA) 2016.  This year, the Accounting Research Institute receives one of the major awards "BEST RESEARCH AND DEVELOPMENT IN ISLAMIC FINANCE".  Receiving the GIFA award for three consecutive years (2014, 2015 & 2016) is by itself a record worth mentioning. It's a gift to UiTM in conjunction with the university's 60th anniversary. In 2014, ARI received the "Best Education Provider in Islamic Finance".  In 2015, ARI receives a special award "Pioneering Research in Islamic Financial Criminology".

Researchers at ARI are extremely happy with this award as it signifies an international recognition towards ARI's pursuit in driving its HICoE research agenda in Islamic Financial Criminology.  We at ARI are a strong believer of the fact that to build a strong and sustainable Islamic Finance Industry, there is a need to look at three specific aspects of the industry needs: firstly, one must continuously explore to introduce or to innovate new Islamic Finance product; secondly, there is a need to enhance the governance mechanism of the Islamic Finance sector and thirdly, it is important to mitigate possible financial leakages of the industry.
The GIFA Awards Committee considers the following four important dimensions when assessing possible nominations for its awards: (i) Innovation - those products and servic through innovative applications of Shariah principles; (ii) Quantity and Quality - the breadth and depth of product/service offerings and where applicable, performance data are taken into account when assessing the performance of the nominated institutions and individual during the award period; (iii) Cross Border - Provision of products/services that take on an international dimension outside of the established home market is also a major criterion for selection of nominations; and (iv) Promotion of the Growth of the Industry - Products/services that have established standards of best practice for the national markets and global Islamic financial service industry are also treated over and above other products.  Congratulations all ARIANs, well done.....

Thursday, September 29, 2016

ARI Co-Authorship Workshop With Researchers from Universitas Indonesia

Researchers from the Accounting Research Institute (ARI HICoE) of Universiti Teknologi MARA, Malaysia and the Faculty of Economics and Business of University of Indonesia (UI) successfully conducted a one-day co-authorship workshop at the UI campus in Depok, which is about 25 kilometers from Jakarta city centre.  Role of Market Orientation in Sustainability of Microfinance Institutions; the case of Amanah Ikhtiar Malaysia (AIM); (2)   Performance Measurement, Accountability and Performance of Malaysian Local Authorities; (3)   Implementation of Accrual Accounting for Better Governance: Perspectives of Malaysian Public Sector Accountants; (4)  Malaysian Code of Corporate Governance: The Relevance of Audit Committee Characteristics in Monitoring Financial Performance of Public Listed Companies; (5) The Synergistic Outcome of Internal Capabilities and External Pressure on Environmental Performance: Evidence from ISO 14001 Companies; (6)  Relationships of Directors and Government Ownership on Voluntary Risk Disclosures: The Case of Shariah Compliant Companies in Malaysia;  (7)  Relationships of Directors and Government Ownership on Voluntary Risk Disclosures: The Case of Shariah Compliant Companies in Malaysia; (8)  Monitoring Firm Opportunistic Behavior: Evidence of Ownership Structure and Real Earnings Management among Distressed Firms;  (9)  Quality of Public Sector Financial Information: Malaysia and Indonesian Approaches in New Accrual Accounting Framework. 
The co-authorship program is part of an international collaboration between the two institutions.  Basically, the main aims of the workshop is firstly to match researchers from the two universities for the purpose of publishing research papers in similar specialisation.  Secondly through the workshop, the researchers further refine the papers and identify possible SCOPUS journals to publish their research output.  For today's event, ARI researchers contributed nine research papers to the workshop.  It has also been agreed that another co-authorship workshop will be organised in UiTM sometimes in November 2016: (1)

Monday, September 26, 2016

ICGA 2016

The Accounting Research Institute (ARI), in collaboration with Universiti Teknologi MARA, Melaka campus collaborated to organise a three-day conference on corporate governance and accountability in the historic city Melaka.  Themed "Towards Sustainable and Accountable Landscape", this conference is held at Holiday Inn, Melaka,  Malaysia on September 25-27, 2016.  The main objective of the conference is to provide a platform for participants to present their research findings and for the exchange of information and knowledge between academics and practitioners. The conference will provide an informal gathering of researchers, lecturers, students and practitioners concerned with governance, accountability and corporate social responsibility in a friendly, supportive and relaxed atmosphere.  
A total of 100 research papers are presented during the event.  Three keynote speakers invited for the 3-day conference are namely (i)  Kolonel (K) Tan Sri Datuk Wira Dr Hj Mohd Shukur Hj Mahfar, Chief Executive Officer / Director General of Inland Revenue Inland Revenue Board of Malaysia; (ii) Professor Dr Charl de Villiers, Professor in Accounting Graduate School of Management, The University of Auckland, New Zealand & Research Fellow Centre for Sustainability Management Leuphana University, L√ľneburg, Germany; (iii) Dr James Hazelton Senior Lecturer, Department of Accounting and Corporate Governance Macquarie University, Australia.  Congratulations and well done.

Friday, September 23, 2016

ARI Participation at HELP University Colloquium

In a spirit of comradeship, the Accounting Research Institute (ARI HICoE) sent six papers and provided a keynote speaker for the 3rd Colloquium on Advances and Sustainability in Globalization Wave organised and held at the HELP University in its Jalan Semantan, Damansara campus.  Paper presentations were headed by Associate Professor Dr Zuraidah Mohd Sanusi and her team from ARI. Meanwhile, Professor Dr Normah Omar, ARI Director gave a keynote speech titled "Grabbing the Opportunities and Enhancing Professional Readiness of the ASEAN Economic Community - AEC". The one-day colloquium was officially graced by HELP University Deputy Vice Chancellor, Dr  Khong Kim Hoong and attended by staff, students and presenters from various institutions of higher learning in Malaysia.  A total of thirty papers were presented. ARI researchers mostly presented their papers related to financial criminology, governance and forensic accounting.  Well done and congratulations for the smart-partnership between ARI and HELP University.