Who is required to apply for a practising certificate?
Before a member holds him/herself out as a member in public practice, he/she must hold a valid practising certificate issued by the Institute pursuant to the provisions of Rule 9 of the MIA (Membership and Council) Rules 2001. Rule 2 of the above Rules states that: “member in public practice” means a chartered accountant or licensed accountant who, as a sole proprietor or in a partnership, provides or is engaged in public practice services in return for a fee or reward for such services otherwise than as an employee ; “public practice services” includes – (a) auditing including internal auditing; (b) accounting and all forms of accounting related consultancy; (c) accounting related investigations or due diligence; (d) forensic accounting; (e) taxation, tax advice and consultancy; (f) bookkeeping; (g) costing and management accounting; (h) insolvency, liquidation and receiverships; (i) provision of management information systems and internal controls; (j) provision of secretarial servic
