ACCA Platinum Approved Learning Partner (ALP) Award ceremony to INTEC College for one of its division, IPAC Education which is the centre for the professional accountancy programmes was held recently at INTEC Education College on 8 November 2017.
In line with the government’s aim to increase the number of Bumiputera’s professional accountants to 60,000 in the year 2020, UiTM has seized the initiative to establish an accountancy centre which is now known as IPAC Education. The establishment was officiated by YBhg Dato’ Seri Idris Jusoh, the Minister of Higher Education in June 2015. IPAC Education is now positioned under INTEC Education College, a subsidiary of UiTM Holdings Sdn Bhd. The initiative, from the starts, supports the national agenda in Economic Transformation Programme (ETP), which was proposed by the Prime Minister in 2010. The students’ success continues in IPAC Education @ INTEC until it qualifies INTEC Education College be recognised as ACCA’s Platinum Approved Learning Partner.
Since the establishment of IPAC Education in 2015, it has successfully produced World Prize Winners both in foundation papers, Certified Accounting Technician (CAT) and ACCA professional papers. The pioneer of World Prize Winner in IPAC Education is Syarah Syahirah Sugianto who had won the 1st rank in the world and Malaysia, with 100% marks in Maintaining Financial Records (FA2). In 2016, the success continued with the overall results of 20% - 30% above the world’s passing rate. With these successes, IPAC Education was awarded with Two Stars Premier Tuition Provider from BPP (UK) making the centre as the only centre outside Europe with such recognition.
In 2016, six more students received the CAT World Prize Winner and all of them are ranked number 1 in Malaysia with their respective subjects. Out of six, five of them are the world number one scorers with the highest mark of 100%. This success is repeated in 2017’s examination whereby six students obtained the World Prize Winner status, five in CAT (number one in the world & Malaysia) and another student for Performance Management (F5) paper in ACCA (number one in Malaysia and eight in the world).
The rapid achievement of Platinum status, just over two years since IPAC’s establishment puts IPAC in the same league as other well-established professional accountancy centres around the world.
Speaking at the award ceremony, Helen Brand OBE, Chief Executive of ACCA said, “It’s wonderful to be here to mark INTEC receiving ACCA Platinum Approved learning provider status. It is an accolade ACCA only grants to the very best ACCA educators – those who uphold the highest standards and are our closest and most valued partners in creating the next generation of ACCA members. The partnership we’ve enjoyed with INTEC over the years has made a significant contribution to ACCA’s ability to strengthen the profession in Malaysia. It’s a relationship of great strategic importance to us and one that we cherish.”
“At ACCA we are absolutely committed to playing our part, in partnership with learning providers and employers, so we can help serve the national economy and ensure Malaysian enterprises remain competitive and resilient,” added Helen.
Sharing on IPAC’s success, Prof Madya Mahfudzah Mohamed, Director of IPAC said, “Among the success factors that contribute to the Platinum status in such a short period are; the team work and staff commitment towards the students, the emphasis on administration and academic staff’s core competencies emphasis on students’ learning activities and supports from the stakeholders such as Universiti Teknologi MARA (UiTM), Permodalan Nasional Berhad (PNB), Malaysian Professional Accountancy Malaysia (MyPAC), Yayasan Peneraju Pendidikan Bumiputera (YPPB) and Yayasan Pahang as well as ACCA.”