International Accountant Magazine in Digital Format

ARI received an email from Ms Nicola Perry, the Managing Editor of the International Accountant magazine, notifying us that the professional journal is now accessible online at http://viewer.zmags.com/publication/b1f4fc2a. The current issue contains discussion topics such as Corporate Governance Practices, European Bank Stress Test and Accounting for Charities. All ARI members are encouraged to browse through the contents for possible research topics. Cheers.... Enclosed the email


Dear Professor Normah,
International Accountant 55 is now available in digital format. You can access the magazine using the following link - http://viewer.zmags.com/publication/b1f4fc2a
This issue includes articles on:
Corporate Governance Practice
European Bank Stress Tests
Accounting for Charities
And much, much more.


Yours sincerely,


Nicola Perry
Managing Editor, International Accountant
dd: +44 (0)191 493 0280
e: nicola.perry@aiaworldwide.com

IID2010 Special Edition

ARI wishes to congratulate all staff and students whose innovative products have been successfully selected and registered for the Invention, Innovation and Design 2010 (IID 2010 Special Edition) scheduled to be held at Dewan Seri Budiman and Dewan Annexxe on 12 to 14 October 2010. List of products are as follows:
1. Fraud Saver
2. Accounting Hacker
3. Forensic Tool Buster
4. Size Does Matter
5. Pilot Searching
6. Forensic Accounting Portal
7. Visual Q
8. Number Speaks
9. ePF: Company vs Industry
10. Corporate X-Plore Reach
11. e-Sync Go Global
12. Narrating Real Shari'ah Audit Practice
13. Catch Them Young - Tax and Teenagers
14. PAC e-KIT
15. FRiLA 1.0
16. Bold Trag
17. i-Order
18. E-Keeper
19. MyCV
20. X-Books
21. Household Inventory Database
22. i-Club
23. Bakery Database
24. 1Malaysia Halal Directory
25. Park UiTM Database
26. ICAS-PS

Be counted and make a difference...

Preparing for the 5th Islamic Conference

The Ministry of Higher Education Malaysia will be hosting the 5th Islamic Conference of Ministers of Higher Education and Scientific Research scheduled to be held on 19-21 October at the Kuala Lumpur Convention Centre (KLCC). One of the programs is to showcase the six recently recognized Higher Institutions' Centre of Excellence (HICoE). Each HICoE will be given a booth to exhibit and promote its research products and innovation.
ARI will be showcasing four research innovative products to reflect our HICoE's niche in the area of Islamic Financial Criminology. It is expected that about 300 foreign participants will be attending the international conference

Tier 1: Corporate Integrity System for Malaysia

The two-tier Corporate Integrity System for Malaysia is an initiative by the Malaysian Institute of Integrity (MII). The initiative is a collaboration between MII with four entities namely the Accounting Research Institute (ARI), University Sains Malaysia (USM), Nottingham University Business School (Malaysia campus) and INCEIF. The first tier comprises a self-assessment questionnaire survey targeted to be administered on compliant, ethic or integrity officers of business entities. Premised on twelve dimensions, the score will gauge the perceived integrity system of companies. The second tier will benchmark a company's integrity practices with other global players.
For an organization, the second-tier instrument can be used by the management team to evaluate its own practices. Today, our team met to finalize the questionnaire survey.

IID 2010 Special Edition

In conjunction with 2010 as an Innovation year for Malaysia, UiTM will be hosting an Invention, Innovation & Design 2010 (IID Special Edition) exhibition on 12 to 14 October this year.
God willing, ARI will be showcasing about 27 innovative products during the event. There will be a good mix of staff and student participation this year.
The Master of Forensic Accounting & Financial Criminology students will be sending eight products. Similarly, the Bachelor of Accountancy students will showcase eight products as well, congratulations. Last year, ARI won the overall award under staff and student category for product innovation. We hope to perform equally well this year, Insyaallah.... Our staff and students have always been very innovative and creative. Participants are encouraged to obtain some forms of intellectual capital right - e.g copyright, licensing agreement, patents filing. At the same time, it is also good for participants to publish their works in journals...Good luck everyone

Young Researcher Scheme (YRS) at ARI

One of the initiatives taken by the university to show its support to the development and success of centres of excellence (CoE) is the creation of new researcher position. Known as the Young Researcher Scheme (YRS), graduates with good grades are invited to apply for a special scholarship to enable them to undertake a specialized post graduate program (Master or/and PhD) at ARI. Our three specialized areas of study are namely Islamic Accounting, Forensic Accounting and Financial Criminology. Successful candidates will be paid the normal postgraduate scholarship plus a tutor salary. For details, please contact ARI office through normah645@salam.uitm.edu.my or view our website at www.ari.uitm.edu.my

Congratulations Dr Nawal Kasim

ARI wishes to congratulate Dr Nawal Kasim, ARI's Associate Research Fellow over her recent appointment as a Member of the Shari'ah Audit Framework Working Group at the International Shari'ah Research Academy (ISRA). The main task of this Working Group is to come up with Shari'ah Audit Framework that will then be proposed to Bank Negara and the Islamic Banking Industry for consideration. The Working Group is also expected to come up with a policy guidance paper. Well done and good luck in your endeavor.

DRB-HICOM Aidilfitri Do

ARI wishes to thank DRB-HICOM group for the kind invitation to us to attend their Hari Raya do at the Istana hotel today. The event was graced by the YTM Tengku Mahkota Pahang.
DRB HICOM has always been instrumental to ARI by lending support such as allowing our researchers to conduct case studies on their subsidiaries in the automobile and banking industries. It is through such university-industry linkages that we are able to produce credible research findings and reports. In particular we wish to thank Datuk Lukman Ibrahim, the Group CFO for his continuous support to ARI and UiTM...

ARI to Set Up Booth at the WCOA 2010

The Malaysian Institute of Accountants (MIA) will be hosting the renowned World Congress of Accountants in November 2010 at the Kuala Lumpur Convention Centre (KLCC). Some 3,000 participants from countries all over the world have registered for the event. More will be expected to register within the next month or so. In conjunction with this auspicious event, ARI will be setting up a booth as a way of promoting our various research centres as well as in showcasing the products and services that we offer. Currently, ARI is supported by seven research centres and six special interest groups (SIGs)

Selamat Hari Raya Aidilfitri 1431

ARI wishes all members and friends happy holidays and a blessed Ramadhan and Syawal 1431. Eid Mubarak everyone

NAfMA 2010 Begins

The NAfMA 2010 submission date officially ends on 25th August 2010. NAfMA assessors met for the first assessment meeting today and Prof Dr Suzana have been appointed as the new chairman of the assessment committee. Congratulations Prof Suzana. This year, the CIMA-UiTM Asian Management Accounting Research Centre (AMARC), a research centre under ARI is taking a bigger role to handle the overall assessment process. This task was previously given to the Malaysian Institute of Accountants team. During the meeting, assessors were allocated the companies to review. Basically the NAfMA assessment process is divided into four phases. Phases 1 sees the participating companies submitting their "Self-Assessment Questionnaires or SAQ"; Phase 2 is the validation of SAQ by assessors; Phase 3 is the First site visit & document audit and Phase 4 is the Second site visit. The award night is scheduled on 15th December 2010.

Computer Notebooks for Researchers

Today we organized a simple "handover ceremony" of computer notebooks to all ARI principal investigators. Basically the equipment is on loan while researchers are completing their research projects. On average, each project takes about 18 months to complete. ARI hopes that the notebook will facilitate researchers to complete their projects as soon as possible. Good luck everyone. A total of sixteen researchers received their notebook today.

AMARC/ARI to Host a Management Accounting Forum in 2011

The Asia-Pacific Management Accounting Association (APMAA) meets yearly in different member countries every year. In conjunction with this meeting, an Annual Management Accounting Forum is held and hosted by the host country. The first meeting & Forum was hosted by Kyushu University in Fukuoka in 2003. This year (5-7 November 2010) the meeting and forum will be held and hosted by the National Taiwan University (NTU). A group of ARI researchers will be attending the forum and UiTM will be hosting the next Management Accounting Forum in November 2011. The CIMA-UiTM Asian Management Accounting Research Centre at ARI will be the secretariat of this event.