Accounting Research Institute

As a Higher Institutions' Centre of Excellence (HICoE), ARI is to drive a niche research in Islamic Financial Criminology (IFC). Essentially there are two main research thrusts within IFC: (i) Islamic Accounting & Muamalat and (ii) Financial Criminology. The focus on IFC is in tandem with the government's aspiration of making Malaysia, the global hub is Islamic Finance. In view of this vision, fundamental research in financial criminology is important so that new policies or system can be developed to mitigate and prevent financial crime within the Islamic Finance industry and other economic sectors.


Program Overview

The aim of the programme is to train students whose research is of the highest quality in Accounting broadly conceived. ARI, as one of HICOEs, has a very strong research culture that includes an active seminar programme, publication and distinguished visitors. It also has close links with eight centres of excellence (CoEs).

The postgraduate program (by research) in Accounting requires students to attend research workshops and research seminars conducted by the postgraduate office, the faculty and ARI. Students will present research proposal in the second semester during their first year. Students are also encouraged to participate at an early stage in appropriate international workshops and colloquium.

Student progress is regularly monitored by the faculty supervisory committee and the coordinator of postgraduate (research). Each postgraduate student has a main and second supervisor. He or she may appoint one external supervisor outside UiTM.

AR751 - Master of Science (Islamic Finance & Muamalat)

AR752 - Master of Science (Financial Criminology)

AR951 - Doctor of Philosophy (Islamic Finance & Muamalat)

AR952 - Doctor of Philosophy (Financial Criminology)

Islamic Finance & Muamalat
The research program in Islamic Finance & Muamalat provides rigorous training in specialised areas of Islamic finance, banking, economics, management and their relevant conventional counterparts. With Islamic financial institutions now operating in more than 75 countries worldwide, and working with brands with assets approaching US$2 trillion, Islamic finance has become an important influence on the world’s financial stage. ARI offers exclusive facilities for masters and research students choosing to specialise in Islamic finance.The course provides and examines insights into different aspects of the Islamic financial environment. It will enable you to focus upon advanced developments, not only in Islamic finance but also conventional finance. You will develop a specialised understanding of the techniques particular to Islamic and conventional finance, and develop the tools necessary to investigate relevant financial management issues. You will also develop a critical awareness of ethical and corporate social responsibility issues in Islamic and conventional finance. On top of this, the syllabus explores the key activities of Islamic banks and trends in Islamic portfolio management.

Financial Criminology
The research program in Financial Criminology is designed to provide a progressive, challenging and stimulating framework of study that will equip you with knowledge and skills in forensic accounting. Due to heightened awareness and growing intolerance of fraudulent activity, demand for Forensic Accountants is rapidly increasing. Thus, forensic accounting and fraud investigation is one of the fastest growing areas of accounting, and there is an increasing global demand for specialists with forensic accounting knowledge and skills. The course will help you develop an understanding of the need for an holistic approach in the investigatory models applied as well as focusing on an appreciation and understanding of the wide variety of financial crime and how the current regulatory framework and crime control statutes have developed to deal with them. Through examining features of corporate integrity and management control systems you will gain an understanding of the development and needs of corporate governance in the context of the control theories of the firm.
The postgraduate program (by research) in Accounting requires students to attend research workshops and research seminars conducted by the postgraduate office, the faculty and ARI. Students will present research proposal in the second semester during their first year. Student progress is regularly monitored by the faculty supervisory committee and the coordinator of postgraduate (research). Each postgraduate student has a main and second supervisor. He or she may appoint one external supervisor outside UiTM.

Research Area:
-Financial Criminology - Islamic Finance & Muamalat
-Camouflaged Fraud Detection - Islamic Finance Development
-Money Laundering – types, prevention & detection, rules & regulation - Financial Crisis and Islamic Finance
-Auditor Specialisation & Fraudulent Financial Reporting - Maqasid al-Shariah in Financial Transactions
-Fraud Detection and Prevention Models - Islamic Finance Instruments
-Risk Management, Fraud risk indicators and red flags - Compliance on Corporate and Shariah Governance
-Risk in Islamic Banks - Theory of Islamic Contract
-Tax Fraud and Preventive Mechanisms - Shariah Compliance of Financial Products
-Punishment in Financial Fraud - Shariah and Legal Issues
-Combating corruption - Islamic Micro-financing
-Existing level of legal requirement & policies on financial
criminology in Malaysia, Australia, UK & US - Shariah Audit
-White collar crime and the criminal justice system - Waqaf Management
-Shariah’s normative framework as to financial crime and abuse - Corporate Zakat Management
-Integrity & Ethics - Zakat Investment
-Whistleblowers – regulation, policies & effectiveness - Sukuk and Securitization
-Commercial crime and financial implications - Operational Risks, Shariah Compliance and Internal Control

Program Module

Module Description
Research Overview

This course focuses on the philosophy of research, comparison of qualitative and quantitative, and mixed method research, motivation of studies. The course also covers the identification of research problem and problem solving.

Literature Review and Conceptual Framework

This course focuses on a Literature Review on a specific accounting topic. The purpose of this course is to get familiar with background/ history of problem; identify possible ways to study the problem; assess strengths and weaknesses of previous studies; and develop conceptual framework & rationale for present/future study.

Research Design & Research Ethics

The course covers the use of scientific research as a problem-solving tool. This encompasses the understanding and application of appropriate research designs. The course also includes discussions on ethical principles supporting research policies.

Research Analysis

The course covers statistical analysis techniques and the use of computer for data analyses.Topics covers introduction to statistics, fundamentals of probability, random variable and probability distributions, sampling distributions, ANOVA, simple regression, chi square applications, non-parametric statistics and multi-variate data analysis and factor analysis.

Techniques of Writing Research Proposal

The course focuses on various research techniques of writing research proposal. It is aimed at equipping the student in writing a detailed research plan (proposal) including problem identification and selection, research questions/ hypotheses, literature review, methodological design, sampling design, development of data gathering instruments, and data collection techniques

Proposal Preparation - Finalizing and presenting

Ready for Proposal Defence. Submission of Final Draft Proposal

Advanced Statistical Data Analysis

This course is intended to help students to learn how to analyze quantitative data. The course focuses more on advanced forms of regression based analysis including multiple regressions, logistic regressions, general linear modeling and structural equation modeling.

Admission

Entry to the programme is normally conditional on a candidate having obtained strong marks (typically a high merit or distinction) at masters level or other degree accepted as equivalent in Accounting or a related discipline.

For further information on the university postgraduate information, please see the institute of postgraduate office:
https://ipsis.uitm.edu.my

Applications for postgraduate programs (by research) in Accounting can be made online or by mail through UiTM's Graduate Admissions Office:
https://online.uitm.edu.my/ipsis/research/

Library – Online database and facilities http://library.uitm.edu.my
Postgraduate office (IPSIS) http://ipsis.uitm.edu.my/
Student affairs – student clubs/associations and sports http://pusatsukan.uitm.edu.my/
Non-resident office http://hep1.uitm.edu.my/unit/unit-pengurusan-nr.html
UiTM Health Centre http://pusatkesihatan.uitm.edu.my/

Contact

Assoc. Prof. Dr Roshayani Arshad
Deputy Director (Postgraduate & Innovation)
Accounting Research Institute
Universiti Teknologi MARA
40450 Shah Alam, Selangor, MALAYSIA
Tel: +603 5544 7910/ 4829
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Fax: +603 5544 4992

_______________________________
Institut Pengajian Siswazah (IPSis),
Level 4, Bangunan Sarjana,

Universiti Teknologi MARA,
40450 Shah Alam,
Selangor Darul Ehsan, MALAYSIA

CONTACT US

Dean Office: 03-5544 8485
Admission: 03-5543 8416 / 8498 / 8497
Academic: 03-5544 8322 / 03-5543 8491
Coursework: 03-5544 8325
Research: 03-5544 8347 / 03-5543 8453
Email: ipsis@uitm.edu.my

 

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