IN a strategic move to revolutionise accounting education across Asia, AutoCount Dotcom Bhd, Malaysia’s leading provider of accounting and business software solutions, has partnered with IAB LCCI Ltd which is a collaboration formed following the Institute of Accountants and Bookkeepers’ (IAB) acquisition of the London Chamber of Commerce and Industry (LCCI) qualifications.
The ground-breaking agreement achieved through AutoCount’s wholly-owned subsidiary Auto Count Sdn Bhd sets the stage for Asia’s first Cloud Accounting Certification Programme to equip finance professionals with essential skills for the digital era.
Slated for roll-out on Jan 1, 2025, the programme marks a significant step forward in modernising the region’s accounting landscape.
Under the collaboration, AutoCount will design the certification curriculum around its cutting-edge AutoCount Cloud Accounting software.
The syllabus will be submitted to IAB LCCI for accreditation. That IAB LCCI is regulated by the Office of Qualifications and Examinations Regulation in the UK should enhance the certification’s credibility and its alignment with global standards.
With LCCI’s extensive reach across Asia, the certification will be accessible through IAB LCCI’s network of educational centres and partner institutions, thus providing aspiring accountants with in-demand cloud accounting expertise.
“This collaboration with IAB LCCI allows us to empower the next generation of accountants across Asia,” enthused AutoCount’s CEO Y.T. Choo.
“Our goal is to provide a practical and accessible path to certification in cloud accounting by supporting not only recent SPM (Sijil Pelajaran Malaysia) graduates but also those seeking to upskill in a fast-changing industry. Together, we are paving the way for a more adaptable, technology-driven accounting workforce across the region.”
As LCCI has been a leader in offering globally recognised qualifications for over 120 years, its partnership with AutoCount reflects a shared commitment to advancing the accounting profession by equipping future finance professionals with relevant, high-quality skills, according to IAB LCCI’s CEO Sarah Palmer.
“By collaborating with AutoCount which is a pioneer in cloud accounting solutions, we are ensuring that this certification meets the industry’s evolving needs and helps individuals succeed in a digital-first finance sector,” she added.
With the inking of its collaboration with IAB LCCI, AutoCount has solidified its position as a leader in cloud accounting solutions while furthering its commitment to innovation in financial technology and education.
Moving forward, this partnership aligns with AutoCount’s vision to become Asia’s top business software provider by fostering a future-ready workforce and advancing the region’s digital transformation.
At today’s market close, AutoCount was up 0.5 sen or 0.52% to 96.5 sen with 129,500 shares traded, thus valuing the company at RM531 mil. – Nov 11, 2024
