Deloitte Tax Challenge 2016

Participants during the group challenge

The preliminary stage of the Team Category and second stage of the Individual Category of the Deloitte Tax Challenge (DTC) 2016, with over 700 student participants from 14 universities, was held at Sungai Long Campus on 13 October 2016.

“The Deloitte Tax Challenge allows the students to use their tax knowledge and apply it to the cases given. The individual challenge tests their ability to apply the knowledge they were taught to reason out a solution.  There is also an interview session to give the students a chance to express themselves to the judges who are themselves experienced,” said Faculty of Accountancy and Management (FAM) lecturer K Shamini T Kandasamy.

The team challenge meanwhile required teams to discuss a simulated tax business case and prepare their solutions in a report within a three-hour breakout session.

The ten individuals and five teams with the highest scores will move on to the finals where they will be given more challenging cases, and where the teams will be required to present their solutions to a panel of judges within a specified time limit.

Participants undertaking the individual challenge

Deloitte staff Mohd Faruk (left) and Chihiro Tsuboi conducting the interview session with Norfahimah from Intec College

Yee speaking on the skills that are needed for a career in tax

“There are essential qualities and skills to succeeding in tax. The ability to write and present is very important for communicating with the press and public on tax policies. Besides being well-versed in tax policies, you must also be able to think critically in order to provide clients the most effective solutions,” said Deloitte Malaysia Country Tax Leader Yee Wing Peng.

Yee also said the winners will earn an internship in Deloitte’s Southeast Asia offices. “Working with other professionals from various ethnic, cultural and religious backgrounds is crucial in today’s fast-changing environment,” he said.

The Deloitte Tax Challenge 2016 was organised by Deloitte Malaysia and sponsored by the Association of Chartered Certified Accountants (ACCA), Wolters Kluwer, and UTAR.

From left: TARUC students Wei Bin, Yi Teng, Say Weng and Jing Ci, and Sunway University student Diong Min waiting for their turn in the individual challenge

From left: Challengers from Sunway University Diong Min, Hui Xian, Chia Yen and Wei Wan

Front row, from left: Adilah, Lily, Shalini,Ai Wei, Radhiah, Ain and Mimi
Back row, from left: IIUM students Asyiqin, Shamema, Salwa and Khadijah

DTC Committee Members Farah Ann (left) and Denise Tai on duty at the registration counter 

From left: FAM staff Ung Leng Yean, Tan Suk Shing, Shamini, Helina Lopus, Fitriya Binti Abdul Rahim, Haniza Hanim, Nor Haliza Binti Che Hussain, Tan Jue Xin, Lim Yee Wui, Lee Yoon Heng, and Tung Soon Theam welcoming the challengers