How can we leverage on technology to improve collections of Accounts Receivables? An efficient Accounts Receivable (AR) system can ensure increased cash flow for working capital purposes which is crucial for business sustainability.
In the murky bitcoin market, regulators are still figuring out the accounting and tax implications. Bitcoin is an internet-based cryptocurrency or virtual money that allows anyone to transact with anyone else, anywhere at any time, instantaneously at marginal cost, with confidence and privacy, without friction nor censorship.
To strengthen SMP competitiveness and enhance audit quality and compliance, MIA and MICPA have been conducting a series of joint workshops on the Audit Guide for Practitioners (AGP) and illustrative Audit Working Papers (IAWP).
Sanjay Sidhu, Governor, IIA Malaysia, briefs the Board Audit Committee on the checklist of key steps to take to beef up cyber defences.
MIA’s Remedial Action Plan applicable for audit firms with Type 3 rating aims to tackle continuing weaknesses in audit firms’ performance, in order to heighten audit quality and improve public trust.