Country profile

Malaysia

8 entries from 8 of our maps, in one place. Open a map to see Malaysia beside the rest of the world.

Audit Oversight Bodies

Public audit-oversight bodies (POBs) and IFIAR membership by country

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IFIAR member

Audit Oversight Board (AOB) – Securities Commission Malaysia

PAO: 1. Malaysian Institute of Accountants (MIA); 2. The Malaysian Institute of Certified Public Accountants (MICPA) · ~1,400 registered audit firms · ~7,000 registered auditors · IFIAR member. AOB oversees PIE auditors. MIA handles registration and QA for non-PIE auditors

Sustainability Framework Adoption

Sustainability-reporting standards adopted by country (ESRS, ISSB, GRI, TCFD)

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IFRS SDS (ISSB)

IFRS SDS

Main Market listed ≥MYR 2B market cap (from 2024); smaller listed & large non-listed by 2027 · FY 2024 (largest); phased to FY 2027 · Non-listed cos >MYR 2B revenue mandatory from Jan 2027

Professional Accountancy Organisations

Accountancy bodies (PAOs) and their IFAC membership, by country

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IFAC member

Malaysian Institute of Accountants (MIA)

IFAC member · ASEAN Federation of Accountants (AFA) · Founded 1967

Company Registry Portals

Where company financial statements are filed and published, by country

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All entities

Companies Commission of Malaysia – SSM / MBRS / SSM e-Info

All Sdn Bhd (private) and Bhd (public) companies; listed also via Bursa Malaysia · Annual returns and financial statements filed with SSM; Bursa (https://www.bursamalaysia.com/) for listed

Accountant & Auditor Salaries

Gross annual pay of accountants and external auditors, in US dollars (2026)

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$7,500–20,000

Accountant: $8,694 a year

  • Accountant: $8,694 a year (modelled estimate)
  • External auditor: $11,983 a year (modelled estimate)
  • Average for all jobs: $11,748 a year

Modelled values use global occupational multipliers; use as directional estimates.

Gross pay in nominal US dollars (2026), not adjusted for living costs.

Country Challenges

The main challenge for accounting and audit in each country, from public evidence (2026)

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Skills & workforce

Talent shortage

  • Evidence: Direct evidence — the selected source reports this issue directly
  • Scope: Accounting and audit

Country research identifies shortages affecting accounting firms, compliance and financial reporting quality.

Source: Talent Shortage: Crisis in Malaysia’s Accounting & Auditing Industry – International Journal of Research and Innovation in Social Science (academic research)

Annual Report Awards

National & global awards for the best annual reports and corporate reporting

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National

National Annual Corporate Report Awards (NACRA)

Bursa Malaysia, MIA and MICPA · Annual corporate report; sustainability reporting; integrated reporting · Companies incorporated or registered in Malaysia, public sector and other organisations established in Malaysia

GDP per Capita

GDP per capita (current US$), 2025 — World Bank Open Data

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Upper-middle · $4,516–14,005

$13,125

GDP per capita (current US$), 2025 · Upper-middle · $4,516–14,005

Business opportunities

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Not on these maps yet: Accounting News, Accounting History.

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