Sarawak to offer free finance, accounting education from 2026

Sarawak to offer free finance, accounting education from 2026

Premier Abang Johari Openg says it is crucial to manage and audit the financial aspects of the state's expanding green economy.

Abang Johari Openg
Sarawak premier Abang Johari Openg said accountants’ responsibilities have expanded significantly with the focus on environmental, social, and governance (ESG) frameworks. (Bernama pic)
KUCHING:
Finance and accounting studies will be among the core disciplines offered under the free tertiary education policy at all Sarawak-owned universities starting in 2026, says Abang Johari Openg.

The Sarawak premier said these fields are crucial for managing and auditing the financial aspects of the state’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.

He added that accountants’ responsibilities have expanded significantly with the focus on environmental, social, and governance (ESG) frameworks.

Stay current - Follow FMT on WhatsApp, Google news and Telegram

Subscribe to our newsletter and get news delivered to your mailbox.