SARAWAK-owned universities will among others offer finance and accounting as core disciplines under its free tertiary education policy from 2026, said State Premier Tan Sri Abang Johari Tun Openg.
According to Bernama, he said these fields are crucial for managing and auditing the financial aspects of Sarawak's expanding green economy, particularly in carbon trading and environmental sustainability.
"As long as you are eligible, you will receive free education to study finance and accounting because we need experts to audit our carbon, calculate carbon, and assess other intangible elements. These disciplines will adhere to international standards," he said.
Speaking at the Association of Chartered Certified Accountants (ACCA) Malaysia stakeholders reception on Friday night, he emphasised the vital role of accountants in ensuring transparency and proper valuation within these emerging sectors.
"An additional portfolio for accountants is sustainability. It is no longer just about the bottom line, it is about embracing a new portfolio," he said, adding that accountants' responsibilities have expanded significantly with the focus on environmental, social, and governance (ESG) frameworks. - December 14, 2024
