november 2008 examination - The Malaysian Institute Of Certified ...

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INSTITUTE NEWSRECIPIENT OF ANUGERAH PRESIDEN 2008YBhg Tan Sri Dato’ SeriMohd Hassan MaricanYBhg Tan Sri Dato’ Seri Mohd Hassan Maricanwas born on October 18, 1952 in Sungai Petani,Kedah. He received his early education fromSekolah Rendah Ibrahim in Sungai Petani andlater continued his secondary education at the MalayCollege Kuala Kangsar, Perak.Tan Sri Hassan left for London in 1972 to join theaccounting firm Touche Ross & Co, as an article clerk beforequalifying as a Chartered Accountant in 1978, and becamethe first Asian to have been appointed as an AuditManager in the firm. He returned to Malaysia in 1980 andjoined Tetuan Hanafiah Raslan & Mohamad / Touche Ross& Co, Public Accountants as Audit Manager and becamea Partner of the firm a year later.A Fellow of the Institute of Chartered Accountants inEngland and Wales (ICAEW), Tan Sri Hassan was admittedas a member of MICPA in February 1992 (MembershipNo.2523). He is also a member of the Malaysian Instituteof Accountants (MIA).In 1989, Tan Sri Hassan was “called” to serve theNational Oil Corporation PETRONAS as Senior Vice-President, Finance. He was appointed President and ChiefExecutive Officer of PETRONAS in February 1995.Tan Sri Hassan is a member of the PETRONAS Boardof Directors, and is Chairman of two public listedcompanies under the Group, namely PETRONAS GasBerhad and MISC Berhad.Beyond PETRONAS, Tan Sri Hassan is a boardmember of the Central Bank of Malaysia and a member ofthe board of Malaysia-Thailand Joint Authority. He is alsoa member of the International Investment Council for theRepublic of South Africa established by President ThaboMbeki. Tan Sri Hassan is also a board member of the WorldEconomic Forum’s Partnering Against Corruption Initiativeas well as a member of the WEF’s Council of 100 Leaders.Tan Sri Hassan has received numerous awards,among them are the Panglima Setia Mahkota (PSM) in1997 carrying the title Tan Sri, the Bintang Darjah SeriPaduka Mahkota Terengganu (SPMT) in 1996 and DarjahSultan Mahmud Terengganu Yang Amat Terpuji (DSMT) in1992, both carrying the title Dato’, the Panglima NegaraBintang Sarawak (PNBS) in 2003 which carries the titleDato Sri, and the Darjah Seri Setia DiRaja Kedah (SSDK)this year which carries the title Dato’ Seri.The French Government has awarded him the“Commandeur De La Legion D’ Honneur” in 2000 and theVietnamese Government has awarded him the “FriendshipMedal” in 2001. University of Malaya awarded him withan Honorary Doctorate in Engineering in 2001 andUniversiti Teknologi Mara awarded him with an HonoraryDoctorate in Corporate Governance in 2006. Theconferment of these fine honours speaks well of hiscontribution to the country as well as internationally.PETRONAS is committed to Corporate SocialResponsibility and has contributed generously to MICPA’sevents as well as having a strong commitment towards the16 | The Malaysian Accountant | August 2008 www.micpa.com.my
accountancy profession. This is clearly demonstrated byPETRONAS’ commitment and support in offeringscholarships to students to undertake the MICPA’s CPAexaminations. Practical training is an integral part of theInstitute’s CPA programme apart from passing the CPAexamination. Recognising the fact that supervised trainingis important, PETRONAS has registered as an ApprovedTraining Organisation (ATO) of the Institute, where underthe Stream II training, employees of PETRONAS mayundertake the CPA examinations prior to the start ofpractical training or during the training period under thesupervision of a member of MICPA or approvedprofessional body.PETRONAS was also a Gold sponsor for the MICPA-Bursa Malaysia Business Forum 2007.Ladies and Gentlemen, sincerely, I can think of noother better person to receive Anugerah Presiden 2008.ACCEPTANCE SPEECH BYYBHG TAN SRI DATO’SERI MOHD HASSANMARICANI am indeed honoured to have been accorded the MICPA’sAnugerah Presiden on the occasion of the Institute’s 50thGolden Jubilee. To be recognised by your own fraternity makesit very special. Awards of this nature go beyond individualrecognition. To me, this award is an acknowledgement ofthe overall success and achievement of PETRONAS in itscontributions to the nation, to society and to thedevelopment of the profession. Working with professionalbodies, including MICPA, PETRONAS has over the years,developed more than 1,600 accountants and we continueto train accountants both in Malaysia and overseas throughvarious programmes. Hence, on behalf of PETRONAS andmyself, I humbly and sincerely accept this award.As a national body of Certified Public Accountants,MICPA has made significant contributions to thedevelopment of the modern profession in this countryover a relatively short span of 50 years. The Institute hascome a long way since its relatively modest beginningsin 1958 with 20 founding members.Members of the Institute play an active role in boththe private and public sectors including the academia.We can take pride that we have a representative in theCabinet. Today, about 37% of our members are femaleand increasing, and about 40% are below the age of 40.I would like to congratulate the Institute for itssuccess. It is my hope that it will continue to maintainits reputation as a premier accounting body, both inMalaysia and overseas. I would also like to call upon theyoung members to actively participate in the affairs ofthe Institute to take it to greater heights.It has been some years since I left the profession. Inthat time, the profession has evolved into globalbusinesses through mergers and consolidations. Today,the Big Four amongst the professional firms are nodifferent to the super-majors in the oil industry, wieldinghuge influence.Indeed, the profession today does much more thanaudit. We challenge people and organisations, clientsand colleagues, to think and act differently, to provideclarity and rigour, to help create and sustain prosperity.As leaders and advisors to major businesses, we have aresponsibility and a role to play in fostering change. Wenow live in an age of increased accountability wherepublic expectations are high and we need to be able todemonstrate that as a profession, we are both relevantand a powerful force for change. This requires us to becompetent, responsible and uphold a strong sense ofethics and integrity. While professional firms today aremulti-million dollar businesses, we must continue to actobjectively especially in the face of intense pressures.Some thoughts especially for the young practitioners.You can shape your own character by how you handleyourself. Are you going to hold to your principles or areyou going to rationalise away little deviations from thoseprinciples? Will you sacrifice your principles for yourown ambition? And will you put the firm and yourcolleagues at risk for personal benefits? These are simplequestions and it is so easy to cross that line. But believeme, you cross it once, you will never come back.Finally, on behalf of PETRONAS and myself, Iwould like to once again express my sincere appreciationto the Malaysian Institute of Certified Public Accountantsfor this great honour.Thank you.www.micpa.com.myAugust 2008 | The Malaysian Accountant |17
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