Exchanging documents are: (l-r) Prof Choong, Leong, Prof Chuah, Dato' Liew,
and Yeap; as Dato' Ir Lim (3rd from right) looks on
Stepping up efforts to intensify practical learning to its accountancy
students, Universiti Tunku Abdul Rahman (UTAR) signed a Memorandum of
Understanding (MoU) with three partners; Ngage Advisory PLT (Ngage), YGL
Convergence Berhad (YGL), and McMillan Woods to strengthen co-operation in
educating and organising accountancy software courses using YGL TAXcom
Office in the field of accountancy. The MoU exchange ceremony was held at
UTAR Petaling Jaya Campus on 7 April 2014.
Attending the exchange ceremony as the Guest of Honour was YBhg Dato' Ir.
Donald Lim Siang Chai while representing UTAR, was its President YBhg Ir
Prof Academician Dato' Dr Chuah Hean Teik. The signatories of the partner
MoU were Ngage Advisory PLT Managing Partner Leong Kah Mun, YGL Convergence
Bhd CEO Yeap Kong Chean, and McMillan Woods Managing Partner YBhg Dato'
Raymond Liew Lee Leong. Also present as witness of the MoU for UTAR was the
Dean of Faculty of Business and Finance Prof Dr Choong Chee Keong.
The
MoU exchange showcased UTAR's continuing efforts to collaborate with
industry partners so that its students are educated and trained to be
industry relevant and ready for the workforce upon graduation. This MoU
provides the relevant practical training for UTAR students in the Faculty of
Business and Finance (FBF) and the Faculty of Accountancy and Management
(FAM) and to gain experience in using the industry relevant tax-related
software termed as "YGL TAXcom Software" even before graduating.
In his
speech Prof Chuah said, "This collaboration taps on the combined strengths
of 3 business entities to pool together their resources and expertise to
give our students a firmer foundation in financial IT literacy and prepares
them well for the fast moving environment of tax consultancy and financial
services." In adding that UTAR's 4-year accountancy programme is fully
accredited by the Malaysia Institute of Accountants and would be listed in
part 1 of First Schedule to the Accountants Act 1967, he also elaborated on
the head start in the professional accounting careers of students due to the
internships and job- linked arrangements with the three parties and the
brighter prospects of UTAR graduates for even a global career ahead.
"When
I was informed of this collaboration, my immediate thoughts were that this
MoU would significantly benefit UTAR accountancy undergraduates when they
embrace the working world with relevant skills as demanded by the business
communities. On another note, I am pleased that a worldwide affiliated and
reputable tax practitioner McMillan Woods, YGL Convergence Berhad and Ngage
Advisory PLT, had altogether strived and supported UTAR with a high level of
professionalism and subject knowledge." said Dato' Ir Lim in his address.
In his
speech representing YGL Convergence Berhad, CEO Yeap Kong Chean gave a short
introduction of the company and stressed the significance of this
collaboration. "We congratulate UTAR for its efforts to continuously upgrade
and equip UTAR undergraduates in its accountancy degree programmes with
relevant professional software skills set and practical industry knowledge
that will allow them to meet industry expectations and make better
contribution to their future employers as well as career advancement." He
said.
The
MoU also formalised the YGL TAXcom Software training and workshops and other
accountancy related certification seminars at UTAR. In addition to the
normal curriculum provided by the university, training for the use of this
software is also provided for the academic fraternity at UTAR. There will
also be cooperation in developing training, courses, simulation packages,
and case study materials for teaching purposes.
Dato' Ir Lim delivering his address
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