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20 August 2007
Kuala Lumpur

TM RECEIVES ACCREDITATION ON GLOBAL BEST PRACTICES

Telekom Malaysia Berhad (TM) today received accreditations from the Association of Chartered Certified Accountants (ACCA) as the Approved Employer under the latter’s Approved Employer Programme. The programme is divided into three main streams namely Trainee Development, Professional Development and Practising Certificate Development. TM received accreditations for Trainee Development and Professional Development streams.

TM received the highest level of Platinum for Trainee Development whereby the accreditation under this stream recognises the learning opportunities that TM provides for its employees who are working towards obtaining the ACCA professional and Certified Accounting Technician qualifications. Based on the support that TM provides to its employees, the Company was awarded the Platinum level, the highest approval level from the Association.

Meanwhile, the Professional Development stream recognises the Company’s provision of learning opportunities for ACCA members to support their Continuing Professional Development (CPD).

Speaking at the certificate presentation today, Dato’ Abdul Wahid Omar, Group Chief Executive Officer, TM said: “This is another milestone for TM as we are playing a role to help aspiring professional accountants in the country and specifically within TM Group itself. This accreditation will make it easier for TM employees with financial background to pursue professional accounting qualifications and in the long run help fulfill the country’s requirement for 60,000 accountants by 2020.”

As the Approved Employer, TM and the ACCA members, affiliates as well as students who work with TM will enjoy numerous benefits. For TM, this accreditation will allow the Company to benchmark its training policies and procedures against ACCA’s global best practices, position itself globally as an employer of choice and enhance the Company’s working relationship with ACCA.

“This accreditation is a boost to our effort to provide our employees with the opportunity and platform to develop their talents and skills so they can further contribute to the Company. TM has always placed emphasis on human capital development hence, receiving this accreditation from ACCA is a step in the right direction for us,” added Dato’ Wahid.

For TM’s employees who are ACCA members, with this accreditation, they are automatically exempted from the requirement to retain professional development records; instead they can just simply submit their annual CPD confirming they are employed by TM, an Approved Employer. Meanwhile, TM’s employees who are currently pursuing the ACCA qualification are eligible to apply for an exemption from the requirement to complete the Trainee Development Matrix (TDM). They are only required to submit an annual declaration confirming they are employed by TM, an Approved Employer.

The accreditations also cover the companies and OpCos under TM Group namely Celcom (Malaysia) Berhad, Malaysia Business which includes TM Net, Telekom Sales & Services Sdn. Bhd. GITN Sdn. Bhd. and TM R&D Sdn. Bhd. , TM International Sdn. Bhd. and TM Ventures which includes VADS, Menara KL, Multimedia University, TM Info-Media Sdn. Bhd. and TM Smart School Sdn. Bhd. It also covers all overseas subsidiaries.

The Approved Employer programme is a formal recognition of the learning and development support that leading organisations offer to ACCA trainees and members. It is a platform from which organisations can develop a mutually beneficial relationship, with regard to improving the standard of learning and development support, innovative service and excellent delivery.

About TM
Telekom Malaysia Berhad (TM), a leading regional information and communications group, offers a comprehensive range of communication services and solutions in fixed-line, mobile, data and broadband. As one of the largest listed companies on Bursa Malaysia with an operating revenue of more than RM16 billion, TM is driven to deliver value to its stakeholders in a highly competitive environment.

The Group places emphasis on continuing customer service quality enhancements and innovations. Currently, with investments and operations in 13 countries around Asia and globally, TM is focused on sustainable growth in both the local and international markets.

On the Corporate Social Responsibility (CSR) front, the Group has always been a major corporate contributor towards responsible activities in the belief that these practices are a fundamental tenet of good corporate governance. The Group promotes 3 major platforms i.e. education, sports development and community/nation-building. Under education, TM has spent some RM800 million to develop Multimedia University into one of the top universities in Malaysia with more than 20,000 students. TM has also provided scholarships to over 10,000 graduates pursuing academic programs locally and overseas. On the sports front, TM is actively contributing towards the upliftment of football at all levels while under the community/nation-building platform, the Group contributes towards causes that bring value to the community and nation at large.

For further information on TM, visit www.tm.com.my

About ACCA
ACCA (the Association of Chartered Certified Accountants) is the largest and fastest-growing global professional accountancy body with 296,000 students and 115,000 members in 170 countries. We aim to offer the first choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.

We support our students and members throughout their careers, providing services through a network of nearly 80 offices and centres. We have established more than 50 global accountancy partnerships, through which we deliver qualifications and a range of services which promote global standards, benefit the accountancy profession and enhance the value of accountants in the workplace. We work closely with more than 470 registered tuition providers and nearly 8,500 employers of accountants and finance professionals.

We use our expertise and experience to work with governments, donor agencies and professional bodies to develop the accountancy profession. We aim to achieve and promote the highest professional, ethical and governance standards and advance the public interest.

ACCA's reputation is grounded in over 100 years of providing accounting and finance qualifications. Our long traditions are complemented by modern thinking, backed by a diverse, global membership.

 


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