Wednesday, September 8, 2010

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.

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