KUALA LUMPUR, May 17 (Bernama) — In response to strengthening the on-going structural reforms to become a developed nation, Malaysia launched the National Policy for Industry 4.0 or Industry4WRD last year, which is expected to transform the nation’s manufacturing sector and related services to be ready for the 4th Industrial Revolution.
As stakeholders embrace Industry 4.0, corporate Malaysia will face a new set of challenges. Accountants, being gatekeepers of the company’s finances, must adapt and learn to use the tools at their disposal to upskill themselves to remain relevant, increase credibility and competitiveness in the digital era.