Accountants must regulate Sarawak development

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At this year’s National Public Sector Accountants Conference, Malaysia’s Chief Minister Tan Sri Abdul Taib Mahmud called on the accounting industry to come up with a reliable, transparent system for managing the country’s development projects.  He called for more supervision of agencies and departments within the government in order to properly account for expenses.

The government hopes to usher Malaysia into developed-nation status by 2020, and creating 1.5 million high-income jobs by 2030.  Taib challenged regulators to come up with the proper management and accounting tools if this goal is to be met: “We need the accounting profession to help us develop and introduce an accounting system to better manage our resources,” he said.

 

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Reading Time: 1 minute

At this year’s National Public Sector Accountants Conference, Malaysia’s Chief Minister Tan Sri Abdul Taib Mahmud called on the accounting industry to come up with a reliable, transparent system for managing the country’s development projects.  He called for more supervision of agencies and departments within the government in order to properly account for expenses.

Reading Time: 1 minute

At this year’s National Public Sector Accountants Conference, Malaysia’s Chief Minister Tan Sri Abdul Taib Mahmud called on the accounting industry to come up with a reliable, transparent system for managing the country’s development projects.  He called for more supervision of agencies and departments within the government in order to properly account for expenses.

The government hopes to usher Malaysia into developed-nation status by 2020, and creating 1.5 million high-income jobs by 2030.  Taib challenged regulators to come up with the proper management and accounting tools if this goal is to be met: “We need the accounting profession to help us develop and introduce an accounting system to better manage our resources,” he said.

 

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