Tuesday, January 1, 2013

Happy New Year


The Accounting Research Institute (ARI) wishes everyone and in particular, its members a happy new year.  May 2013 marks a new beginning to some of you.  For ARI, 2012 has been a great year indeed.  As a Higher Instituion's Centre of Excellence (HICoE), ARI has been mandated to evolve from an institution-based expertise to an international-based reference centre.  The biggest "paradigm shift" that ARI members have embraced is to change from being a generalist to a specialist.  Prior to the HICoE stature, ARI was promoting a very diverse discipline, ranging from financial reporting, public sector accounting, accounting information system to auditing and forensic accounting.  The HICoE program "forces" the researchers to be more strategic in their actions.  Premised on a specific research niche in Islamic Financial Criminology, ARI researchers are now focusing on two main research thrusts: Islamic Finance and Financial Criminology.  With the aim of strengthening the Islamic Finance Industry for Malaysia, ARI research projects propose new Islamic Finance products and at the same time develop financial fraud preventive mechanism for the industry.  Hence, 2012 saw research projects in six main clusters namely (1) Islamic Micro Finance; (2) Zakat & Waqaf; (3) Shariah Governance; (4) Financial Governance of NPOs; (5) Anti-Money Laundering & Counter Financing of Terrorism and (6) Development of Fraud Risk Indicators.  Seven conferences were either organized or co-organized by ARI and its strategic partners: (1) International Conference on Governance & Accountability (ICGA); (2) International Conference on Management Innovation & Technology (ICMIT); (3) International Conference on Corporate Governance (ICCG); (4) Asia-Pacific Management Accounting Association Conference (APMAAC); (5) International Conference on Financial Crime and Terrorism Financing (IFCTF); (6) International Public Sector Conference (IPSC) and (7) International Islamic Accounting & Finance Conference (IIAFC).  More than 100 papers in Islamic Financial Criminology were also published.  ARI's new 2012 strategic partners have included Registrar of Societies (ROS); Companies Commission of Malaysia (CCM); Asia Institute of Finance (AIF); Malaysian Productivity Corporation (MPC); TESS; University of New Orleans; Rangsit University; Xiamen University; University of Tasmania; University of Canberra; Universitas Islam Indonesia; Universitas Gadjah Mada; University of Wales; University of Jordan and many others.  May 2013 be brighter for us.....