Regulation for Registration of Accountants in Business

Under this regulation, individuals holding leadership positions in financial reporting, financial management, and cost and management accounting shall be registered with the Institute as Accountants in Business by their respective employers that comprise any of the following:

 

(a) The employer is a business that does not meet the definition of a Small and Medium Enterprise under Small and Medium Enterprises Act; or

(b) The employer is a State-owned Enterprise; or

(c) The employer is a separate business, a joint venture, a holding company or a subsidiary company that meets the definition of a Public Interest Entity under the Regulation for Registration of Public Interest Entity Auditors; or

(d) The employer is a business established by a local council through the powers granted under the Decentralisation Act.

 

Link: https://gazette.gov.mv/gazette/6342