The current and future role of the Malta Institute of Accountants in the accountancy profession

Abstract

The Malta Institute of Accountants is the only accountancy body representing the profession locally. It is committed to attract talented individuals towards the profession and invest in the process of educating the accountants. The MIA is internationally affiliated and also represents the voice of the local accountants abroad. It seeks to ensure that local applied standards and regulation meet the requirements of international regulatory bodies. The aim of this dissertation is to assess the perception of the members on the MIA. This study also examines the position of the MIA when compared internationally. Research was carried out by means of an interview with the technical director of the institute and the use of semi-structured questionnaires distributed to the members. Findings reveal that overall the members are satisfied with the institute. It was also interesting to note that despite its size the MIA is performing fine and inline when compared with foreign accountancy bodies. This study did expose however, some aspects where the institute can improve. This study aims to provide useful information to the MIA staff on the perception of the members and where the MIA is standing in the current competitive world.