In Malaysia, the FCIS and ACIS qualifications are recognised by the Government as equivalent to Honours degrees whilst the GradCGI (ICSA)is recognised as equivalent to a general degree. The Government has also gazetted MAICSA as a prescribed body under Section 235 (2)(a) of the Companies Act, 2016 (CA 2016) which means that Fellow and Associate members of MAICSA are qualified to act as named company secretaries upon application to the Companies Commission of Malaysia for a Practising Certificate under Section 241 of the Companies Act 2016. Fellow and Associate Members of the Institute with more than five years’ practical tax experience, either in the Government or private sectors, are also eligible to apply to practice as tax agents under Section 153 (3) of Income Tax Act 1967.